June 6, 2024

Nevada Copper fears shutdown without immediate funding; stock plunges

The miner said it generated lower sales through the ramp-up process in Q4 than previously anticipated, which impacted its financing requirements.

June 6, 2024

Gold prices may hit another record high in 2024, Metals Focus says

Sentiment towards gold is supported by fears over US government debt and elevated geopolitical tensions.

June 6, 2024

Newmont CEO sees copper demand boom driving mining deals

Tom Palmer pointed to artificial intelligence as a surprisingly large new source of copper demand.

June 5, 2024

You can now buy gold bars from vending machines in South Korea

The machine at GS Retail Co.’s convenience store sells gold bars from as big as 37.5 grams (1.32 ounces) to as small as less than 1 gram.

June 5, 2024

Integra Resources’ stock rises on approved mine plan for Delamar gold project

DeLamar project in southwest Idaho includes the historic DeLamar gold mine and the Florida Mountain deposit.

June 5, 2024

Eskay Mining, P2 Gold agree on merger

The combined company will be managed by the team that discovered and developed the Brucejack mine.

June 5, 2024

Palladium not written off the road yet, miners say

Palladium’s shortfall may ease to about 200,000 oz. in 2025 before swinging into a surplus the following year and to as much as 700,000 oz. by 2028, the World Platinum…

June 5, 2024

Aluminum producer Novelis hits pause on $945 million US IPO

Novelis had planned to sell 45 million shares for $18 to $21 each, and Hindalco would have owned about 92.5% of the company after the IPO.

June 5, 2024

Gold price up over 1% on Fed rate cut optimism

Traders are currently pricing in about a 59% chance of a Fed rate cut in September, according to CME FedWatch.

June 5, 2024

China’s unusually large copper stockpiles fuel demand concerns

Stockpiles of the metal held in Shanghai Futures Exchange warehouses ended last week well above 300,000 tonnes.