Gold price climbs on cooling US inflation, weaker retail numbers Bullion has remained strong despite the anticipated timing of the Fed’s pivot being pushed back. Staff Writer | May 15, 2024 | 8:41 am
Red Pine plans new resource, downplays alleged assay fraud at Ontario gold project Drill results appear to have been manipulated since Red Pine acquired the Wawa gold project in 2014. Colin McClelland | May 15, 2024 | 8:29 am
Trafigura, IXM caught in Comex copper short squeeze as prices hit record US Comex copper May futures hit a record peak of $5.18 a lb. Reuters | May 15, 2024 | 8:17 am
Iron ore price slides as prospects of softening demand, Biden’s new China tariff weigh US President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports. Reuters | May 15, 2024 | 7:48 am
Coal India, NMDC exploring lithium mines overseas The Indian mines ministry is also encouraging other state-owned companies to scout for critical minerals overseas. Reuters | May 15, 2024 | 7:41 am
EU to call for mineral projects, eyes joint purchases The EU Critical Raw Materials Act is designed to guarantee a supply of lithium, copper and other minerals for green technologies. Reuters | May 15, 2024 | 7:34 am
Gold-infused sensor effectively detects presence of fentanyl A new sensor that relies on carbon nanotubes and gold nanoparticles can detect even small amounts of fentanyl. Staff Writer | May 15, 2024 | 6:36 am
Vale Indonesia granted mining permit extension to 2035 Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership. Staff Writer | May 15, 2024 | 5:21 am
Lucapa to sell majority stake in Lesotho diamond mine The diamond miner is also discussing options for the 30% in the Mothae mine held by the government of Lesotho. Cecilia Jamasmie | May 15, 2024 | 3:20 am