July 30, 2024

Gold price gains 1% following rise in Middle East tensions

Spot gold was 0.9% higher at $2,405 per ounce by 2:30 p.m. ET, its biggest intraday gain since July 16.

July 30, 2024

Rich Asian investors are hot on gold, offsetting jewelry slump

In the April to June period, purchases in the difficult-to-track OTC market totaled 329.2 metric tons, WGC says.

July 30, 2024

SRG Mining completes move to UAE, rebrand to Falcon Energy

The company said this is a move that would provide it with "expanded strategic options" for its Lola graphite project in Guinea.

July 30, 2024

Funds cut copper bets by $20 billion as bull trade unravels

Mounting worries about Chinese demand are helping to spark a rapid exodus from copper.

July 30, 2024

BHP, Lundin grab Filo in $3bn South American copper deal

BHP and Lundin are creating a 50/50 JV that will own Filo del Sol, spanning the Argentina-Chile border, and the Josemaría copper project.

July 29, 2024

Fortescue slumps as Capital Group sells $1.2 billion stake

The trade represents about 100 million shares, representing around 3.2% of securities on issue.

July 29, 2024

Integra Resources secures cash flow with Florida Canyon merger

The new company is to produce 70,000 oz. gold per year from the Florida Canyon gold mine in Nevada.

July 29, 2024

Uranium contract prices soar on uncertain supply, AI-led power demand

Term prices are now around $79 per pound, the highest since 2008, and estimated to rise further in coming months.

July 29, 2024

Chinese bullion demand takes hit in risk to gold price rally

Total demand for bullion fell almost 6% from a year earlier in the first half to 524 tons, the China Gold Council said.

July 29, 2024

Column: Funds dump copper as rising stocks dampen bull spirits

LME inventory last week touched a three-year peak.