Gold extended its decline on Friday after solid US non-farm payrolls data raised fears that the Federal Reserve could keep hiking interest rates to combat inflation. Spot gold fell 2.3% to $1,869.49 per ounce by […]
Canada is facing mounting pressure to declare a moratorium on deep-sea mining exploration and extraction as the country hosts an international marine conservation summit starting Friday in Vancouver. Leading to the the fifth International Marine Protected Area […]
Copper prices moved higher on Thursday after the US Federal Reserve cemented expectations that rapid interest rate rises will end soon, weakening the dollar and making dollar-priced metals cheaper for buyers with other currencies. Copper for delivery […]
Staying on the theme of putting the spotlight on talented women in leadership roles in mining, we caught up with Alison White, executive vice president and chief financial officer of SSR Mining. Based in Denver, […]
Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc. (NYSE, TSX: SII), announced on Thursday it has launched four exchange-traded funds (ETFs) focused on providing investors pure-play exposure to critical minerals essential to […]
Gold prices retreated on Thursday as the dollar rebounded and some investors locked in profits after the safe-haven metal scaled a nine-month peak on dovish remarks from Federal Reserve Chair Jerome Powell. Spot gold fell […]
The iron ore price fell to a two-week low on Thursday as traders reassessed demand prospects in China. Iron ore and steel prices in China hit multi-month highs in January as markets rallied from early […]
The London Bullion Market Association (LBMA) announced that it has added optical AI developer Alitheon to the pool of five companies that support the Gold Bar Integrity (GBI) initiative. The GBI was launched in March […]
South African coal producer Seriti Resources has inked a long-term agreement to build the country’s largest wind farm to power its operations. The 155-megawatt (MW), 4 billion rand ($236 million) project by Seriti’s green energy […]
Japan’s Sojitz Corp is selling its 12.5% stake in Canada’s Gibraltar Mines, the country’s second largest open pit copper mine, to local partner Taseko Mines (TSX: TKO) (NYSE: TGB), the majority owner and operator. The trading […]
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