Gold suffers worst week in three years as bulls run for cover
The metal dropped 3.7% this week, the most since November 2016.
Latest Stories
Cost of Ivanhoe’s giant copper project in Congo hits $1.3 billion
Initial production from Kakula, the first of at least three copper mines planned at Kamoa-Kakula, is scheduled for late 2021.
Attack on Canadian miner in Burkina Faso threatens gold’s final frontier
West Africa has long been considered a risky prospect where political instability, volatile tax regimes and tricky relations with small-scale miners weigh heavily on boardrooms.
Pan Global acquires new property in Spain
The mines contain an estimated 160 million tonnes of mixed copper and polymetallic ore.
Prophecy applies for permits for massive Gibellini vanadium project
The Canadian miner said Nevada requires the submission of a water pollution control permit and a class II air quality permit.
Resolute gets key environmental permit to extend Queensland gold mine life
All major approvals are now in place for an expansion that could take annual production to 200,000 ounces of gold over a ten-year mine life.
Three dozen rescued after blast in east German potash mine
At least two people were injured and 34 people were temporarily trapped underground after the explosion.
Top shareholder of Australia’s Panoramic rejects ‘opportunistic’ Independence bid
On Monday, IGO made an all-scrip offer for the 96.2% of shares in smaller peer Panoramic Resources Ltd it does not already own, pitching the bid at a steep 42% premium.
Toyota to set up research venture to develop electric vehicles
Toyota set up a JV with Chinese electric car maker BYD as they ramp up efforts to produce zero emissions vehicles.
