Low dollar risky for gold
A rapidly strengthening US dollar forces gold futures speculators to aggressively dump their leveraged positions.
Latest Stories
Indonesia sees China firms lead ‘commitment’ for $35bn nickel investments
Among the projects discussed was a plan by CATL and Ningbo Lygend Mining to create an integrated lithium battery production facility.
MINING.COM MINUTE: Biggest stories of the week
BHP says Chinese coal customers have made deferment requests; Newcrest approves Cadia’s expansion; Newmont CEO not interested in returning to Rio Tinto.
Atalaya shares rise on record quarterly production
Shares of the Proyecto Riotinto mine operator soared 13% on the TSX Friday.
Gold price set for first weekly decline in three
Gold prices hovered around the $1,900/oz range as a US stimulus deal seems unlikely before the elections.
Newmont CEO sees copper growth, not worried about Barrick takeover
Copper will account for up to one-fifth of the metal produced by Newmont.
Battle over Porgera ends with Barrick stake deal
Barrick will give Papua New Guinea a “major share” of the gold mine.
Alrosa’s third-quarter output down 24%
The world's largest producer of rough diamonds said covid-hit demand started to recover in August but it added a note of caution on longer-term prospects.
Rio Tinto vows reform as Australian lawmaker accuses industry of cultural genocide
CEO said miner made key changes since heritage blasts.
