Gold price rises on mixed signal from US jobs data
Chair Jerome Powell signaled less aggressive tightening could be appropriate going forward.
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Industry groups welcome C$10 billion in Ottawa’s budget update
C$802 million over three years allocated for the Youth Employment and Skills Strategy.
Coeur Mining closes southern Nevada asset sale to AngloGold, stock up
Coeur would receive $150 million cash upfront, plus additional deferred cash consideration of $50 million should the Sterling and Crown gold resource reach more than 3.5 million ounces.
Instead of phasing down coal the world is burning more than ever
Coal power generation could set a record for a second-straight year and remains the world’s biggest source of electricity.
Saudi Arabia considers new mining index in diversification push
The Saudi government believes it has unused mineral resources worth about $1.3 trillion, with vast quantities of aluminum, phosphate, gold, copper and uranium.
Global copper smelting falls in October, satellite data shows
In nickel, global smelting activity fell in October, largely due to weakness in nickel pig iron output in China.
Pan American and Agnico Eagle enter bidding war for Yamana
Gold Fields, which offered to buy Yamana at the end of May, has five business days to match.
Column: Canada slams the door on China in critical minerals race
The Canadian government ordered Chinese companies to divest their holdings in junior mining companies planning to develop lithium deposits.
Mining People: Andean, CaNickel, De Beers, Silverton-Lodestar, Barrick, StrikePoint
Key moves in the mining sector.
