November 8, 2023

Britain targets Russian gold, oil sectors in new sanctions

Britain sanctioned two of Russia's largest gold producers, Nord Gold Plc and Highland Gold Mining Ltd.

November 7, 2023

China’s state-backed iron ore giant says prices are too high

Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group.

November 7, 2023

Gold mining ETFs fail to keep pace with benchmark bullion fund

The SPDR Gold Shares ETF has rallied 9.82% this year; yet those gains have not been reflected in the share prices of gold miners.

November 7, 2023

Codelco cuts 2024 copper premium to China, changes contract structure

The miner has offered to sell copper at a premium of $89 a metric ton to major Chinese clients for its 2024 contracts, a drop of 36% from this year.

November 7, 2023

Iron ore price retreats as China’s bourse plans to limit trading volumes

Also weighing on sentiment was news of unseasonably cold weather and blizzards hitting northeast China.

November 7, 2023

China extends run of gold buying that’s helped support prices

China topped up its gold holdings for a 12th straight month in October.

November 6, 2023

Golden Minerals stock plummets as it raises $4.2m through public offering

The offering comes six months after the company said it would need to raise enough cash to restart mining operations at its Velardeña properties in Mexico.

November 6, 2023

The graphite lesson: Expect more critical metal shortages

It’s been a big couple of weeks in mining circles and that’s being led by a surge in graphite stocks.

November 6, 2023

Gold prices record their strongest October surge in nearly half a century

The yellow metal rallied an incredible 7.3% last month to close at $1,983 an ounce, its strongest October since 1978, when it jumped 11.7%.

November 6, 2023

Gold price could see new highs if Middle East conflict worsens, says Newmont CEO

Spot gold has risen nearly 10% since the war broke out.