UBS joins Goldman in forecasting gold’s rally isn’t overGold will rally to $2,900 an ounce by the end of next year, according to UBS Group.Bloomberg News | November 20, 2024 | 5:41 am
Electra Battery secures 10-year copper-cobalt exploration permit in IdahoThe permit would allow Electra to advance exploration across its…Staff Writer | November 19, 2024 | 10:31 am
Sayona, Piedmont to create lithium giant in $623m mergerDeal creates North America’s largest hard rock lithium miner, which…Cecilia Jamasmie | November 19, 2024 | 3:40 am
Gold loses some luster after Trump’s decisive win Gold’s slide is a marked turnaround for a commodity that had surged by more than 30% in the year leading up to the US vote. Bloomberg News | November 17, 2024 | 9:07 am
Trump chooses oil fracking boss as energy secretary Chris Wright, the chief executive officer of Liberty Energy Inc., has no previous Washington experience. Bloomberg News | November 16, 2024 | 4:55 pm
Hedge funds slash bullish wagers on gold over Trump election win Hedge funds and other large speculators boosted net-long positions by 11% to 197,362 as of Nov. 12, the lowest in 14 weeks. Bloomberg News | November 15, 2024 | 2:29 pm
US House of Representatives approves 2024 Critical Mineral Consistency Act The bill modifies the Energy Act of 2020 to expand the definition of critical minerals to include critical materials designated by the Department of Energy (DOE). Staff Writer | November 15, 2024 | 2:21 pm
Russia takes aim at US nuclear power by throttling uranium Limits creates potential supply risks to utilities operating American reactors that generate almost a fifth of the country’s electricity. Bloomberg News | November 15, 2024 | 12:25 pm
Gold price faces worst week since 2021 as Fed signals no rate-cut rush The precious metal has fallen about 8% from a record high on Oct. 31, with losses accelerating after Trump’s election victory last week. Bloomberg News | November 15, 2024 | 9:46 am
Peninsula Energy shares plunge on lower uranium production forecast Peninsula also announced that CEO Wayne Heili will step down next year. Staff Writer | November 15, 2024 | 8:40 am
Trump’s transition team aims to kill Biden EV tax credit Transition team is planning to kill the $7,500 consumer tax credit for EVs as part of broader tax-reform legislation. Reuters | November 15, 2024 | 8:10 am
Military Metals acquires past-producing antimony project in Nevada The Last Chance property is situated in Nye county, Nevada, 11 miles west of the Round Mountain gold mine operated by Kinross. Staff Writer | November 14, 2024 | 8:30 am