December 8, 2023

Gold-record momentum

Traders love chasing upside momentum, and the financial media’s enthusiastic coverage of new records returns gold to their radars.

December 8, 2023

Gold price falls to near $2,000 level on strong US jobs data

The latest US labour report showing an accelerated job growth for the month of November and a 3.7% decline in unemployment rate.

December 7, 2023

Geopolitics, central banks to provide support for gold in 2024 — report

The WGC sees heightened geopolitical tensions plus continued central bank buying providing additional support for gold.

December 7, 2023

Roosen seeks partner for Cariboo gold project ‘beachhead’ in BC

Cariboo is expected to produce about 1.9 million oz. gold over a dozen-year mine life.

December 7, 2023

Arras Minerals joins forces with Teck to explore critical minerals in Kazakhstan

Teck made its first investment into Arras last November by acquiring a 9.9% stake.

December 7, 2023

China’s CMOC says geopolitics helped drive Australia sale

CMOC agreed earlier this week to sell its 80% stake in the Northparkes copper and gold mine to Evolution Mining.

December 6, 2023

State auditors recommend Freeport Indonesia be fined for smelter delays

In a December 2018 deal, Freeport and Jakarta agreed that the miner would complete the smelter within five years.

December 6, 2023

Rob McEwen ups stake in junior explorer Goliath Resources

The owner of McEwen Mining made his first investment in Goliath as recently as October 2.

December 6, 2023

Newmont pours 8,000th gold bar at Musselwhite mine

The Canadian operation, which started commercial production in 1997, churned out 173,000 ounces of gold last year.

December 6, 2023

New approach aims to detoxify artisanal gold mining

A new approach to detoxifying artisanal gold mining aims to help miners keep their livelihoods while reducing associated health risks.