Gold price en route to best week in 6 months
Gold could make a run towards $1,857 level, one analyst says.
Latest Stories
Cameco shares surge despite posting Q1 loss
Cameco's stock hit its highest in six years, with the company ending the quarter with over $1bn in cash and adding 9 mlb U3O8 to its portfolio.
Copper price hits record high as Chile gives bulls another reason to cheer
Chile’s lower house approved a measure that would introduce progressive taxes on copper sales, potentially creating a total burden of more than 80%.
How blockchain will help miners meet evolving ESG demands
In the mining sector, blockchain is already being used to trace materials to ensure they are being produced ethically and without human rights concerns.
Mining People: American Eagle, First Majestic, NorZinc, Treasury Metals, World Copper
Key moves in the mining sector.
Home: Lead and zinc miss out on the supercycle party
Lead and zinc have been lifted by the broader metallic rally but seem reluctant participants.
Anglo American expects to reopen Moranbah North coal mine in May
Operations at the mine, which produces coking coal used in steelmaking, were suspended in February after a coal heating issue that led to elevated gas readings underground.
Is uranium coming back in vogue?
BMO Capital Markets forecasts a 33 million lb. deficit of uranium this year, or about 18% of current demand.
Australia’s Macquarie bank to exit coal by 2024
The lender will stop financing coal projects by 2024 as it aligns its business with global commitments to achieve net-zero emissions by 2050.
