September 25, 2023

Gold, miners weather Fed

Fed hawkishness has been the rankling thorn in gold’s side for 18 months now.

September 25, 2023

Gold price subdued by Fed’s higher-for-longer interest rate stance

One analyst forecasts gold prices to trade between $1,910 and $1,950 for the rest of this quarter.

September 25, 2023

Graphic: Prices tumble for cobalt used for electric vehicle batteries

Prices have plummeted due to an upsurge of supplies from Congo.

September 25, 2023

Gates, Bezos-backed KoBold Metals to build copper mine in Zambia within 10 years

The California-based firm is spending about $150 million to speed up additional exploration at its Mingomba project.

September 24, 2023

Chinese gold buying is driving a paradigm shift in bullion

As inflation-adjusted rates soared this year to the highest since the financial crisis, bullion has barely blinked.

September 22, 2023

Why junior gold stocks could be gearing up for a glittering performance

Many are bullish on the physical metal, pointing to gold’s resilience in the face of a very strong US dollar and multiyear-high yields.

September 22, 2023

Glencore-backed zinc miner is getting crushed in the debt market

Volcan Cia Minera’s dollar-denominated notes closed as low as 49.5 cents on the dollar last week.

September 22, 2023

US Steel draws interest from small Canadian rival it once owned

Stelco is in talks with a potential partner on its bid, Bloomberg sources say.

September 22, 2023

Ausenco acquired by Eldridge, Brightstar Capital and Claure Group for $578 million

The exit price compares with the $150m Resource Capital Fund paid for Ausenco in 2014.

September 22, 2023

Giga’s Turnagain nickel project in BC may depend on batteries boosting metal price

The 30-year open-pit mine would cost $1.9 billion to build.