Gold price heads for fifth straight weekly gain
Bullion is on track for another weekly gain of 0.3% despite a slight pullback after Fed's rate cut.
Latest Stories
Rio Tinto ends diamond era with historic final auction
The centrepieces are six diamond sets representing the the peak of production from the Argyle and Diavik mines.
Valterra CEO sees global platinum supply shrinking 15%-20% by decade’s end
While the recent platinum rally has brought relief to miners, it is still below levels needed to support new production.
Newmont sells entire Orla stake for $439M
Earlier this week, the miner announced a deal to sell the Coffee gold project in Yukon.
China’s rare earth product exports surge to highest since 2012
Despite the surge in Chinese exports, end-users of rare earth magnets in Europe remain undersupplied.
Idaho’s Stibnite gold-antimony project cleared to begin construction
The mine is expected to supply over 35% of US antimony demand.
Guinea gets S&P rating as Simandou mine seen boosting growth
The B+ foreign-currency rating follows Guinea’s plan to channel part of the revenue from Simandou into a sovereign wealth fund.
Glencore said to hold talks for sale of key Congo copper mine
KCC’s poor performance has frustrated some investors in recent years.
US invests $1.4M in Zambian mine expansion to rival China
USTDA's grant to Metalex Africa will go towards a feasibility study on expanding the Kazozu copper-cobalt mine.
