Clean energy investment set to run at double fossil fuel spend Investment in clean energy will climb to $2 trillion this year, almost double the amount spent on fossil fuels, according to the IEA. Bloomberg News | June 7, 2024 | 11:10 am
Gold summer doldrums 2024 Gold, silver, and their miners’ stocks suffer their weakest seasonals of the year in early summers. Adam Hamilton - Zeal Intelligence | June 7, 2024 | 10:36 am
Ghana’s 2023 gold output rose 8.3% Output in 2024 is projected to rise to between 4.3 million and 4.5 million ounces. Reuters | June 7, 2024 | 10:14 am
Gold price falls most in two years on jobs data, China buying pause After surging to a record above $2,450 an ounce, bullion has traded in a fairly narrow range amid the uncertainty over the Fed’s rate trajectory. Bloomberg News | June 7, 2024 | 10:02 am
Hedge funds Andurand and Rokos took big copper bets before spike The trades are part of a broader deluge of investment into the copper market, with the value of long positions held by fund managers in London and New York futures tripling this year. Bloomberg News | June 7, 2024 | 9:41 am
American Creek shares soar on Cunningham’s 20% Treaty Creek buy bid Treaty Creek, in the Golden Triangle region of northwest British Columbia, is a joint venture project with Tudor Gold and Teuton Resources. Blair McBride | June 7, 2024 | 8:48 am
Indonesia issues annual nickel ore quota of 240mt for 3 years The quota issued should be enough, as nickel ore consumption last year was below this, its energy and mineral resources minister said. Reuters | June 7, 2024 | 8:42 am
Fireweed Metals gets $34 million Lundin-backed financing for Yukon Territory exploration The Macpass project is hailed as one of the world's largest undeveloped zinc resources. Staff Writer | June 7, 2024 | 8:21 am
Zambia sees KoBold spending $2.3 billion on giant copper mine The Bill Gates-backed company aims to produce more than 300,000 metric tons per year at Mingomba. Bloomberg News | June 7, 2024 | 7:50 am