Hedge funds raise mining shorts as covid vaccines seen tamping gold gains
RBC has also cut its 2021 forecast for gold to $1,810 per ounce from $1,893.
Latest Stories
Agnico snaps up Nunavut miner TMAC in $226m deal
Move comes only two weeks after Canada blocked the takeover of TMAC Resources by China’s Shandong Gold.
South African stocks climb as haven demand boosts gold miners
They advanced for a second day, as demand for haven assets supported bullion prices amid the latest news on the coronavirus pandemic.
Bluejay Mining reshuffles board
Decision comes as the miner progresses to the next stage of development of the Dundas ilmenite asset in Greenland.
Intercontinental ships first zinc-silver concentrate from Bolivia
The initial shipment added up to 420 tonnes of zinc-silver concentrate.
Castillo Copper to ramp up work at Mt Oxide project
The Australian miner said it is encouraged by results from the ongoing campaign at the Queensland project.
Botswana extends Lucara’s Karowe license to 2046
The license renewal marks a critical step in the formal sanction of the underground expansion project for the mine.
Trump to approve land swap for Rio Tinto’s Resolution copper project
Native American tribes say it will destroy sites of cultural and religious value.
Iron ore price leaps into 2021
Iron ore opens new year with a bang as Chinese crude steel output set top one billion tonnes for the first time.
