Gold ETFs hit record high in Q1
For the month of March, gold ETFs added 151 tonnes for a net inflow of $8.1 billion, boosting holdings to a new all-time high of 3,185 tonnes, the WGC said.
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Greenland waives mineral exploration license obligations for 2020
The government is also considering two additional relief measures for the mining sector.
Outotec to provide processing tech for First Majestic’s Mexico projects
First Majestic will adopt new processing technology at the San Dimas mine.
Hitachi brings the heat to Fairbanks
Winters in Healy, Alaska, aren’t for the fainthearted. Located just outside Denali National Park and Preserve, the daylight is short and the […]
Australia to lead in mining technology integration – report
Fitch named Rio Tinto the leader of technological integration, followed by FMG and BHP.
Rio declares force majeure at Kennecott after quake
Rio shut down the Utah copper complex following a quake in March.
China EV slowdown to hit battery metals sector
Argus analysts are forecasting global EV sales of just under 2.1 million units in 2020, a 1.4% drop from 2019.
Central bank gold purchases decline 52% y/y in February
The WGC believes central banks will remain net buyers in 2020.
2020 copper production forecast trimmed to 21mt
GlobalData now forecasts output growth of 1.9% this year compared to the original forecast growth rate of 3.4%.
Barrick exec sells $50m stake
Exec chairman John Thornton sells half his stake in gold miner for "personal portfolio considerations."
India to invest in foreign uranium mines
India’s NTPC seeks overseas uranium mine financing to secure fuel for a massive nuclear power expansion targeting 100 GW capacity by 2047.