Silver X PEA confirms district-scale potential in Peru
The PEA outlines a net present value (5% discount, post-tax) of $440 million, with a 69% internal rate of return.
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UAE ban on Sudan trade spurs hunt for alternative gold markets
The UAE is Sudan’s biggest trading partner, with two-way flows totaling $2.2 billion last year.
State Street’s gold ETF rakes in billions as metal hits record
SPDR Gold Shares has taken in the most cash out of any US-listed exchange-traded fund over the last week.
Ivanhoe flags ‘significant’ copper discovery in Kazakhstan
The Kazakh project is estimated to be seven times bigger than its Western Forelands project in the Democratic Republic of the Congo.
Vale reopens Capanema mine, unveils $12.2B investment plan in Minas Gerais
Capanema will add about 15 million tonnes per year to Vale's iron ore output.
Freeport doubles down on Amarc’s JOY project
Freeport-McMoRan is investing $54M in Amarc Resources’ JOY copper project in BC, entering stage two of their 2021 deal.
Gold price could see $5,000 if Trump keeps attacking Fed: Goldman Sachs
The bank's base case is that gold could continue its recent rise and achieve an average price of $3,700 by year-end, then $4,000 by mid-2026.
Australian PM spoke to Trump about critical minerals and security
Albanese is expected to travel to the United States in September to attend the UN General Assembly.
Zijin said to plan $3 billion HK IPO in world’s biggest listing since CATL
The gold rally has bolstered investor interest in gold miners worldwide.