Gold price posts worst month since 2008 despite hopes war is near end
The US dollar and Treasury yields retreated further on reports that both countries are signaling an opening toward a resolution.
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Arafura Rare Earths secures $159 million to boost Nolans project
Arafura plans to supply from its Nolans project in the Northern Territory 4,440 metric tons a year of NdPr oxide.
Barrick forms new leadership group to pursue North American IPO
The new management team will oversee Barrick’s mines in Nevada and the Dominican Republic and consists of seven positions.
Moonshot puts global metals scramble on display
Orion’s materials include aluminum-lithium alloys that reduce weight in the crew module, titanium provides structural strength, and nickel-based superalloys allow engines to operate under severe heat.
Goldman still sees gold price at $5,400 by year-end despite downturn
Bullion still faces “tactical downside risks” in the short term, and could drop as low as $3,800 an ounce, the bank said.
Savannah speeds up Portugal lithium project, sees longer lifespan
Proenca said potential extensions of the Barroso deposit could push resources above 100 million metric tons.
Tether cuts two gold traders hired three months ago
The layoffs come as spot gold prices are headed for their steepest monthly drop since the 2008 financial crisis.
Perpetua tapped for $2.7B EXIM funding for gold-antimony project
The funding would cover the initial capital cost of the project, which is now estimated at about $2.58 billion.
Cornish Tin raises $3M in new funding round
The fundraise gives the company a pre-money valuation of £29 million ($38 million).