Gold stocks still marching
The gold miners’ stocks are still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded since late February, it is nicely set up for a strong rally.
Latest Stories
China continues gold-buying spree as PBOC adds for fourth month
The world’s second-largest economy expanded its gold reserves for the fourth straight month, adding to optimism that central banks globally will continue to build holdings.
MMG’s subsidiary in Peru reaches deal with blockaders at Las Bambas copper mine
Due to the conflict, some 8,000 people were being prevented from working at the mining complex.
Antofagasta secures funding for Los Pelambres expansion project
The full $1.3 billion project cost is being debt financed by Los Pelambres.
Investor sentiment in diamond mining stocks makes for a contrarian play
Natural diamond supply is estimated to come off this year and continue to incrementally decline through at least 2021, which should be supportive of diamond prices and thus miners.
$6 billion private capital ready to invest in mining
Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.
First Quantum exits Japan Gold option
The move comes after completing an initial surface evaluation on its Eboshi, Kobui, Minamikayabe and Kamitsue lithocap projects in Japan.
BHP Americas boss says miners must make copper greener
Many in the industry have emphasized the importance of copper in the quest for a lower carbon economy.
China gold demand firms, price dip adds to festive sparkle in India
In China, premiums of about $13-$15 were being charged over the benchmark, marginally higher than last week's $12-$14 range.