Gold price rebounds ahead of key US data
Bullion declined during the early hours of trading as optimism over a US-China trade deal from last week lingered.
Latest Stories
Barrick faces contractor layoffs in Mali as it plans name change
The miner plans to become Barrick Mining Corporation next week.
Aclara opens heavy rare earths pilot plant in Brazil
The company expects to process 200 tonnes of clay from the Carina project, resulting in an estimated production of 150 kg of heavy rare earth carbonates.
Kazakh gold miner Solidcore says Q1 gold production fell by 42%
The company, formerly called Polymetal, reiterated its full-year guidance of gold equivalent production at 470,000 oz.
China’s first-quarter gold consumption falls 6%
The rise in gold prices has led to a shift in consumer behaviour, with traditional gold products such as gold ornaments and jewellery giving way to gold bars and coins.
US-Ukraine minerals deal could be signed within days
Progress comes as Kyiv announced that previous US military aid would not be counted against the terms of the new deal.
Victoria Gold receiver faces potential ‘contempt’ threat by Yukon government
The back and forth comes almost one year since a heap leach pad failure at the Eagle site last June caused a landslide.
China’s CMOC elevates ex-Glencore trader as top execs depart
CMOC said its chairman Yuan Honglin and vice chair Li Chaochun both resigned for personal reasons.
Alkane to acquire Mandalay Resources in $358M deal
The merged company will operate under Alkane Resources and expects to produce 160,000 gold-equivalent ounces in 2025.
