July 31, 2020

Russian billionaire Abramovich sells out in $1.4bn gold deal

Roman Abramovich and his partners are selling a 40.06% stake in Russian mid-sized gold producer Highland Gold.

July 30, 2020

Gold price rally helped by ‘fundamental’ shift in asset allocation

The covid-19 pandemic has made bullion's relevance as a hedge even more apparent.

July 30, 2020

Newmont tops profit estimates on gold price surge

Company’s adjusted net income for the June quarter was $261-million, or $0.32 a diluted share, compared with $92-million, or $0.12 a diluted share, in Q2 2019.

July 30, 2020

Gold rally, Chinese demand a boon to Canadian miners

EY says Canada could see a wave of new gold deals and mines built in the coming months on the back of strong bullion prices and improved demand for metals…

July 30, 2020

Rio Tinto set on building long-delayed Simandou

The miner is speeding up work towards potential development of the giant iron ore project in Guinea, as the investment case grows stronger.

July 29, 2020

Copper Mountain shares up on strong Q2 results

Production reached 23.9 million pounds of copper equivalent in Q2.

July 29, 2020

Other reason silver price is soaring: disruptions in Latin America

The Silver Institute is predicting a 13% decline in mined production from Latin America this year.

July 29, 2020

Gold price rally fueled by non-traditional buyers

Gold is getting a lot of attention from pension funds, insurance companies and private wealth specialists.

July 29, 2020

Alamos Gold to build new mine in Mexico

La Yaqui Grande, in the state of Sonora, is expected to produce 123,000 ounces of gold a year over a five-year mine life.

July 28, 2020

Gold price steadies after record-breaking run

Spot gold reached a new high of $1,980/oz Tuesday, while gold futures rose to $2,000/oz for the first time ever.