False gold stock panic
Gold stocks haven’t been lower or more oversold since March 2020’s pandemic-lockdown stock panic.
Latest Stories
Trevali to close Burkina Faso zinc mine after deadly flood
A court in Burkina Faso last week handed out suspended sentences to two executives after finding them guilty of involuntary manslaughter for the flood disaster.
Revival Gold hits another long intercept of high grades at Beartrack-Arnett
The new results are headlined by drill hole BT22-242D, which intersected 3.49 g/t gold over 115.4 metres, including 10.12 g/t gold over 11.4 metres.
US MINES Act seeks to curb Russia, China grip on critical minerals
California Republican congressman Ken Calvert said America must be "clear-eyed about the Chinese and Russian aggression when it comes to consolidating critical mineral resources.”
Column: Russian supply uncertainty weighs on aluminum market
Aluminum traders had seen this movie before back in 2018, when US sanctions on Rusal's owner Oleg Deripaska caused massive upheaval along the entire length of the global supply chain.
Gold price touches new 2-year low after parade of rate hikes
Gold's decline comes on the back of a rallying US dollar, which touched a 20-year high.
Copper price falls to lowest in 2 months on rising interest rates
"Now copper has broken below $7,475 a tonne, traders will be eyeing the $6,955 20-month low touched on July 15," said Saxo Bank head of commodity strategy Ole Hansen.
Baffinland gets nod from Nunavut board to extend Mary River operation until year-end
The decision could save more than 1,100 jobs. Northern Affairs Minister Dan Vandal, however, has the final word.
OZ Minerals gives green light to $1.1 billion copper project
The approval comes a week after people familiar with the matter said OZ Minerals was seeking about A$10 billion in a potential sale to BHP.
