Polish central bank increases gold holdings target to 30% of reserves
The National Bank of Poland has ramped up its gold buying since Russia's invasion of Ukraine in February 2022.
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Hemlo sale leaves Barrick without an operating mine in Canada.
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Investors remain net long, but largely thanks to a complete collapse in short positions.
Ray Dalio suggests gold as shield for US markets at risk of heart attack
"A well-diversified portfolio would have somewhere between 10% and 15% in the portfolio of gold," said Dalio.
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Green Metals Refining and Vedanta announced plans to set up and revive plants.
Fatalities rise among gold miners in 2024, Metals Focus reports
Eight out of the 14 companies in the report recorded a combined 27 fatalities at mine sites in 2024.
Codelco and BHP’s Escondida boost copper output in July
Codelco's production rose to 6.4% 118,500 tonnes while Escondida, the world's largest copper mine, saw a 7.8% increase to 114,800 tonnes.
Japan pours $7B into African corridor backing Sovereign’s project
The Nacala Corridor is key for Sovereign’s forthcoming DFS for its Kasiya rutile-graphite project in Malawi.
Gold already reversed – it’s miners’ turn
Gold price reversed in a quite clear way after reaching its rising resistance line.
