Ray Dalio’s faith in gold unshaken even amid investor exodus
Gold’s second straight quarterly decline was not enough to shake billionaire hedge-fund manager Ray Dalio’s confidence in gold.
Latest Stories
Global cobalt glut won’t be stemmed by Glencore Congo output stoppage
Disruptions to cobalt supplies in the DRC are not expected to eradicate a glut of the material used to make batteries for electric vehicles, thwarting hopes that prices can be boosted from their lowest since March last year.
Stornoway Diamond shares down on $37 million loss, departure of CEO
CEO Matt Mason will be replaced by chief operating officer Patrick Godin, who joined Stornoway in 2010 and was appointed to the board of directors in 2011.
Xiana pays Glencore $25 million for Chilean operation
The Vancouver-based miner acquired Altos De Punitaqui, a producing copper-gold operating company.
Ivanhoe Mines shares jump as it finds new copper-rich area in Congo
Exploration drilling at the Kamoa North prospect area, which forms part of the company's Kamoa-Kakula mining licence, has defined two new, continuous corridors of shallow and high-grade copper mineralization.
Worker strike forces IAMGOLD to suspend operations at Suriname mine
The miner said the strike is a breach of the Collective Labour Agreement.
Pan American Silver buys Tahoe Resources for $1B
Deal creates one of the world’s biggest silver mining companies.
Osisko cuts 13% zinc and lead in Titan zone at Key Anacon project
The same hole also intersected a separate copper rich zone.
Chilean regulators reject Albemarle’s plans to boost lithium output
The applicant does not present the details necessary to rule out significant adverse impacts on the soil, water and air.
