GoGold sets $413 million NPV for Los Ricos North project in Mexico
The PEA envisions a 13-year mine life producing 8.8 million oz. silver-equivalent annually.
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New Tesla low-voltage system a ‘big deal’ for copper, says Musk
A new 48 volts system slated for this year could reduce demand for copper, says Tesla CEO.
De Beers mergers two auctions after sales disappoint
It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same cycle of 2022.
Gold price weighed down by Fed hawkish comments
The dollar’s jump, in part driven by Fed officials generally “leaning hawkish overall,” has been weighing on the metals markets, analyst says.
First Quantum launches $1 billion notes offering, stock rises
It will be used to repay existing loans and redeem previously issued notes.
Late backlash delays passage of new EU renewables targets
New law would see the EU raise the share of renewable energy in its overall consumption to at least 42.5% by 2030.
Bill banning uranium imports from Russia passes US House subcommittee
The United States imported about 14% of its uranium from Russia in 2021.
Centinela mine’s union head says sides far apart in talks to avoid strike
Mediation will last until May 22, and a strike could start during the first shift on May 23.
How fool’s gold fooled archaeologists for years
Researchers found that many of the fossils from Germany's Posidonia shale do not get their gleam from pyrite, which was long thought to be the source.
