January 11, 2021

Gold price rally of 2020 crushes analyst forecasts

Analysts were forecasting gold prices at $1,558.8/oz on average, up 12% from 2019, still short of the actual price by over $200.

January 11, 2021

Wallbridge to drill 170,000 metres at Fenelon in 2021

Last year, Wallbridge drilled 102,000 metres at Fenelon.

January 11, 2021

Alaska Governor to appeal Pebble permit denial

Governor Mike Dunleavy announced his administration will formally appeal the US Army Corps of Engineers’ denial of a key federal permit for the project.

January 11, 2021

Zimbabwe gold deliveries tumble nearly a third in 2020

Gold sales to country's sole buyer and exporter of bullion Fidelity Printers and Refiners fell 31% to 19 tonnes last year.

January 11, 2021

Appian closes $775m fund as institutions line up for mining investment

London-based Appian Capital Advisory closes oversubscribed $775 million mining investment fund with 40% already committed.

January 11, 2021

Mongolia may revoke Rio Tinto’s plan for Oyu Tolgoi

The government is considering cancelling and replacing the development and financial plan for the giant copper mine.

January 11, 2021

New Found Gold hits shallow high-grade in Keats step-out

Highlights include 10.4 metres of 22.5 g/t gold from 11.7 metres and 15.9 metres of 31.4 g/t gold starting at 45 metres.

January 10, 2021

Canadian company’s exploration rights in Peru hanging by a thread

After granting exploration mineral rights to a subsidiary of Tesoro Minerals, Peru’s Ministry of Energy and Mines is revisiting its decision.

January 8, 2021

The periodic table of commodity returns

U.S. Global Investors traces 10 years of commodity price performance.

January 8, 2021

Gold stocks break out

Gold mining stocks entered the new year with a bang, as their leading index surged to a major breakout above multiple key resistance lines.