Zimbabwe launches “gold-backed” currency to replace dollar
The new currency, ZiG, will be supported by a combination of foreign currencies, gold and other precious metals.
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Stanmore Resources secures full control of Eagle Downs
Stanmore had acquired the first 50% of Eagle Downs metallurgical coal project from South32 in early February.
Graphite’s war-fighting capabilities
Natural graphite and aluminium are the materials most commonly used across military applications and are also subject to considerable supply security risks.
Teck reports Q1 steelmaking coal sales of 5.9mt
Results in line with the lower end of its forecast of 5.9 million tonnes to 6.3 million tonnes.
Surge Battery Metals to begin drilling at Nevada North lithium project next month
Surge reported in February a maiden Mineral Resource Estimate on NNLP which it said had the highest grade lithium clay resource in the US.
Charted: The value gap between the gold price and gold miners
While gold prices hit all-time highs, gold mining stocks have lagged far behind.
Record-high gold exports drive Canada’s trade surplus wider
More than half of the export growth was driven by a sharp 69% rise in exports of unwrought gold, with increased high-value shipments of refined gold.
Shanta Gold shareholders approve Saturn Resources takeover
Shanta said in December it had agreed to a £141.95 million ($180.7 million) takeover bid by Tanzania-based Saturn.
Codelco says copper output ‘recovering’
Production for the first three months of 2024 landed near 300,000 metric tons.
