December 12, 2022 Gold price has the potential to hit $3,000 or $4,000 an ounce in 2023 Will 2023 be the year that gold hits $3,000 an ounce? Ole Hansen, respected commodity strategist at Denmark’s Saxo Bank, says it’s possible.
December 12, 2022 Ascot arranges $146m financing package for construction of Premier gold project The financing package consists of a gold and silver streaming agreement with Sprott and an equity investment by Ccori Apu SAC.
December 12, 2022 Northam Platinum raises cash part of RB Platinum bid The maximum cash value of the offer now stands at 17 billion rand, up from 10 billion rand.
December 12, 2022 Gold price slips ahead of US inflation data, Fed decision Data on Friday showed US producer prices rose slightly more than expected in November, reinforcing the view that the Fed may have to keep interest rates high.
December 12, 2022 Copper price retreats on China demand worries Covid-19 symptoms are spreading rapidly in China after authorities began dismantling stringent measures against the disease.
December 12, 2022 St Barbara to buy Genesis Minerals in $367m deal The new company, called Hoover House, will target production of more than 300,000 ounces (koz) of gold per annum.
December 12, 2022 Tharisa raises $32m via bond issue for Zimbabwe mine construction Tharisa had planned to raise $50 million to partly fund the building of its 70%-owned Karo platinum mine in Zimbabwe.
December 9, 2022 Inflation is the fourth horseman Over the past year, relentlessly rising interest rates (because of the global fight on inflation), are putting pressure on borrowers, who are reportedly deeper in the red than ever before.
December 9, 2022 Gold stocks surging back The gold miners’ stocks are surging back, amplifying their metal’s gains in a strong mean-reversion rally.
December 9, 2022 Turquoise Hill shareholders approve Rio Tinto’s $3.3bn buyout bid The vote clears the way for Rio Tinto to gain more autonomy over Oyu Tolgoi, which is 66% owned by Turquoise Hill and 34% by the Mongolian government.
Ma’aden selects Metso to deliver a gold processing plant to Ar Rjum mine The order includes process electrification, field instrumentation and automation. January 15, 2026 | 03:25 pm
