Gold futures post highest close since 2016 in heavy trading
Gold futures settled at the highest since August 2016, as investors got behind a rally brought on by a falling dollar.
Latest Stories
A strong rand is ruining the gold rally for South African mines
For South African gold miners, it’s both the best and worst of times.
Small remains beautiful for gold mining acquisitions
Small, opportunistic deals will dominate the global gold mining sector again this year, analysts said on Tuesday.
Gold market mulling blockchain for $200 billion of supply
Gold is going digital.
Anglo expects expansion licence for Minas Rio in Brazil by Friday
Receiving the necessary licences would allow the company to continue operating in the state of Minas Gerais, where the iron ore mine is located, for at least another 15 years.
Vancouver junior surges 60% after Africa cobalt deal
Newly renamed M2 Cobalt snags seven licences in Uganda covering 1,500 square kilometres as investors bet cobalt price rally will continue.
Antofagasta sees 2018 costs to reach $1bn on Pelambres expansion, equipment
Chile-focused miner also expects costs to rise on tailings dam expenditure.
Barrick grabs stake in Royal Road Minerals in $1.3 million deal
Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.
Rio Tinto and two former top execs must face fraud charges — SEC
SEC will push ahead with the prosecution of the company, former chief executive Tom Albanese and ex-chief financial officer Guy Elliott over alleged attempts to cover up multi-billion losses on a coal investment in Africa.
