October 4, 2022

Gold price breaks $1,700 as weak US data shifts sentiment

Bullion is now closing in on its 50-day moving average after surging Monday.

October 4, 2022

Torex Gold secures final environmental permit for Media Luna project in Mexico

The gold project is now fully permitted with environmental requirements on both sides of the Balsas River under a single authorization.

October 3, 2022

Minera Alamos shares 111% IRR for Cerro de Oro gold project in Mexico

Average annual gold output will be 60,000 to 70,000 oz. in years one through four, and about 60,000 oz. annually over the life of the project.

October 3, 2022

Fortune Minerals extends purchase option on Alberta refinery site for NICO project

The NICO project is an advanced development stage critical minerals asset that has already received environmental assessment approval.

October 3, 2022

Gold price extends rally as Treasury yields retreat continues

Bullion kept its momentum going and extended its first weekly gain in three.

October 3, 2022

India’s platinum imports jump to a record high as gold refiners take advantage of tax change

Refiners imported a large amount of gold containing platinum but registered the purchases with customs as a platinum alloy to avoid paying higher duties.

October 3, 2022

Burkina Faso miners say business as usual despite coup

Companies said the new military leadership has urged people of Burkina Faso to “go about their business in peace.”

October 2, 2022

Mexican legislator calls for public release of mining companies’ financial, environmental records

Mexican MP Adriana Bustamante presented an amendment to Article 7 of the country’s Mining Law, which allows mining companies to keep financial and environmental information confidential.

October 1, 2022

London gold dealer runs out of bullion as Truss budget shocks

As the UK currency slid to an all-time low early Monday, bullion priced in pounds climbed close to a record.

September 30, 2022

The Queen died, but King Dollar lives on

It goes without saying that the recent appreciation of the greenback has weighed on gold prices.