Gold price closing in on best week since December
After weeks of trading in a narrow range, gold has now advanced by 2.3% since Thursday on falling Treasuries yields and a weaker dollar.
Latest Stories
China opens its borders to billions of dollars of gold imports
About 150 tonnes of gold worth $8.5 billion at current prices is likely to be shipped following the green light from Beijing.
As Sanjeev Gupta rose from trader to tycoon, several banks backed away
Four banks dropped Liberty’s commodity trading business after alleged paperwork problems in metal trades.
Fortescue reaches 1.5 billion tonnes shipped from Pilbara
The company achieved the milestone less than three years after it shipped its billionth tonne from Herb Elliott Port in Port Hedland.
i-80 Gold completes acquisition of Getchell project in Nevada; shares up
US-focused gold miner, formed as part of the $478m acquisition of Premier by Equinox Gold, debuted on the Toronto stock exchange Tuesday.
The battery-powered future depends on a few crucial metals
Companies and financial firms are now investing over $100 billion a year on energy storage and the electrification of transportation.
Hydra Consortium wants heavy-duty mining equipment to run on renewable hydrogen
Mining3 and Engie are the driving forces behind the Hydra Consortium.
Peru candidate seeks bigger cut from mining, not state control
The first-round winner of Peru’s Presidential election, Pedro Castillo, wants to renegotiate contracts with mining companies rather than seize assets, a party official said.
Ipsos poll shows many Canadians still back fossil fuels
Over 70% of respondents said investment in Canada’s natural resource sector will help with post-pandemic economic recovery.
