July 21, 2022

Caledonia Mining to buy one of Zimbabwe’s largest gold projects

The $53 million shares deal could more than double Caledonia's production, potentially making it Zimbabwe’s top gold miner.

July 20, 2022

JPMorgan gold trader says boss coached him on spoofing lie

Christian Trunz told a Chicago jury that Michael Nowak, the managing director who ran the precious metals business, advised him to mislead investigators about his intent to execute the trades.

July 20, 2022

Alcoa jumps after quarterly profit, sales top analyst estimates

The company posted $913 million in adjusted earnings before interest, taxes, depreciation and amortization in the second quarter.

July 20, 2022

Gold price sinks below $1,700 ahead of key central bank meetings

Spot gold fell 0.9% to a new 11-month low, after holding steady earlier in the session.

July 20, 2022

Belo Sun Mining rises after Brazil court overturns halt of Volta Grande gold project

The State Supreme Court overturned the suspension order as there was “no evidence of damage or harm to the riverside people” and “they were properly consulted".

July 20, 2022

Gold price steady as traders weigh drops in ETFs, inflation, dollar

The precious metal has hovered in a narrow trading range since late last week as a gauge of the greenback retreated for three straight sessions.

July 20, 2022

China property stimulus to rescue copper demand, but not yet

Global slowdown is expected to see a slide and trigger a stimulus that could match the 4 trillion yuan package implemented after the 2008 financial crash.

July 19, 2022

Copper price down as growth outlook deteriorates

Worries about demand in China and elsewhere due to a slowdown in growth were reinforced by rising inventories.

July 19, 2022

Barrick Gold, Pakistan set copper-gold project funding structure

Province where Reko Diq is located will benefit from its 25% ownership without having to contribute financially to construction and operations.

July 19, 2022

Polymetal considering disposing of its Russian assets

Russian gold and silver miner would shift its focus to Kazakhstan as part of strategy to de-risk its ongoing operations.