February 3, 2023

Fed gold anomaly unwinding

Gold has behaved strangely over this past year, largely ignoring the biggest inflation super-spike since the 1970s.

February 3, 2023

Filo’s longest copper cuts in Argentina boost takeover appeal

BMO Capital Markets noted the drill results increase the potential to expand the Filo del Sol project.

February 3, 2023

Lykos Metals finds large gold deposits at Bosnia project

The concentration of gold at some locations was as much as 27.5 g/t in a continuous line of 60 metres.

February 3, 2023

South Africa’s century-old gold refiner runs at 75% as mines dim

The 102 year-old Rand Refinery is the only African refiner accredited with the London Bullion Market Association.

February 3, 2023

Gold price drops to 3-week low on solid US jobs data

Spot gold fell 2.3% to $1,869.49 per ounce by noon ET.

February 3, 2023

Canada faces pressure to ban deep-sea mining

Scientists and NGOs are asking Ottawa to ban the activity, as the country hosts an international marine conservation summit that kicks off on Friday in Vancouver.

February 3, 2023

Russians bought record number of gold bars in 2022, data shows

State-controlled VTB Bank said it sold 33.8 tonnes of gold bars to customers in 2022, with clients holding 50 billion roubles ($711 million) of the metal.

February 2, 2023

US mine production value rises 3.8% to $98 billion in 2022 — USGS

In 2022 consumption of many mineral commodities neared or exceeded pre-pandemic levels.

February 2, 2023

Colombia’s mining royalties hit record $1.32bn in 2022

Coal production rose 10% year on year to 65.3 million tonnes, marking a second year of recovery.

February 2, 2023

Gold Fields disputes Ghana tax bill

Company said the size of the back taxes bill is "nowhere close" to the amount Ghana has demanded from mobile operator MTN.