Gold price down 2% as strong US economic data puts traders on defense
Strong US employment and service sector data has propelled the dollar higher, boosting expectations that the Fed may reignite tapering talks.
Latest Stories
US to list Nevada flower as endangered, dealing blow to ioneer’s lithium project
The US Fish and Wildlife Service propose listing the Tiehm’s Buckwheat flower as an endangered species, a blow to ioneer's proposed Rhyolite Ridge lithium project.
Kinross and S2 team up to find Finnish gold
Kinross will spend up to $9.5 million to farm-in on noncore S2 ground.
Iron ore rises despite China’s moves to lower prices
Bank of America forecasts iron ore will average $172.2 a tonne this year; then $143.8 a tonne in 2022.
It’s not over for coal as global prices surge on hot demand
Coal is seeing a dramatic spike in demand just as several major miners are hit with production problems, sparking a surge in prices from China to Europe and the US.
Western Uranium buys physical uranium
Western Uranium says the physical uranium purchase complements its Sunday mine complex production plans.
Russian banks to finance $7.8bn Siberia platinum mine
Russian banks VTB and VEB will provide Russian Platinum with financing for the development of the Chernogorskoye platinum group metals deposit.
RMI unveils set of rules to help miners fulfill ESG expectations
Companies are feeling increased pressure from shareholders and institutional investors to prioritize ESG factors.
Giga Metals’ Turnagain nickel project tests show potential for carbon neutrality
Preliminary testing carried out by the University of British Columbia shows the Turnagain nickel project has potential for significant mineral sequestration of CO2.