Currency wars are wars that gold wins in the end
With the markets more focused now on the escalation of the trade war triggered by Trump’s tweet on Thursday, the stock market plunged while gold rallied.
Latest Stories
Klondike Gold stock hits 12-month high on bonanza grade drill results
In May, the company began a C$2 million exploration program focusing higher-grade targets at its Yukon property.
Northern Minerals cancels rare earths deal with China firm, cites contract breach
The cancellation comes amid speculation that China could cut off supplies of the rare earths metals.
Vedanta to focus on ‘purse strings’ amid aluminum expansion
India’s biggest aluminum producer is prioritizing controlling costs as it embarks on expanding capacity.
Ur-Energy cuts costs after Trump declines to set uranium output quotas
The company said it cut 10 jobs in Wyoming and lowered its production rates, while adding that it does not plan to spend on development activities.
China gets more iron ore from Brazil as supply woes fade
Overall, the iron ore market is experiencing a recovery in supply and inventories, and Chinese demand so far is holding up.
Sierra Leone community’s suit against diamond miner shows activist trend
Across Africa and the developing world, local groups are increasingly mounting legal challenges against companies extracting minerals.
Sirius Minerals delays $500m bond sale, shares plunge
The miner only has enough cash to last until September.
Lithium Australia reports high-grade lithium mineralisation at Youanmi project
The miner said results suggest Youanmi could provide critical local feedstock for its lithium-cathode and battery business units.
