Peak gold
The gold market continues to experience tightness due to difficulties expanding existing deposits, and a pronounced lack of large discoveries in recent years.
Latest Stories
Metso Outotec signs deal with Almalyk Mining in Uzbekistan for future copper smelter complex
The basic engineering covers the flash smelting, slag concentration, electrolytic refinery technologies and sulfuric acid production.
Teck Resources taps insider Crystal Prystai for CFO
Prystai will succeed Jonathan Price, who was appointed the chief executive officer earlier this year following the departure of company veteran Don Lindsay.
FPX Nickel raises $9m for Baptiste awaruite project development in British Columbia
The company will use the proceeds of the offering primarily to complete a prefeasibility study.
Iron ore price rises on China property support
Government will allow developers to sell additional shares to acquire real estate assets to help stabilize the economy.
New Australia coal projects to increase methane emissions by 19%
If 15 planned coal mining projects in Australia enter operation they would boost the country’s methane emissions from the dirtiest fossil fuel by nearly a fifth, according to an analysis.
Dubai’s ENOC denies gold-for-oil barter talks with Ghana
Ghana, Africa’s second-largest gold producer, last week ordered large mining companies to sell 20% of the metal they refine to the central bank.
Russian tycoon to face new probe over Billionaire Bay villas
Russian billionaire Suleiman Kerimov and his family, which until earlier this year held a majority stake in Polyus, are set to face a fresh probe in France.
Gold price rises on dollar pullback, hopes of slower Fed rate hike
Investor focus will be on Fed Chair Jerome Powell’s speech at a Brookings Institution event on Wednesday.
