Gold price has the potential to hit $3,000 or $4,000 an ounce in 2023
Will 2023 be the year that gold hits $3,000 an ounce? Ole Hansen, respected commodity strategist at Denmark’s Saxo Bank, says it’s possible.
Latest Stories
Canada’s mining minister wants minerals projects built within a decade
Natural Resources Minister Jonathan Wilkinson’s comments come days after his ministry published a critical minerals strategy that pledged to review Canada’s approval process for developing mines.
Chilean water regulator fines Lundin subsidiary over sinkhole
The DGA water regulator said the mining works carried out by the firm managing the Alcaparrosa Mine had caused a puncture which permanently damaged the Copiapo River aquifer.
Western countries forge green alliance for getting electric vehicle minerals
Announced at the COP15 talks on biodiversity in Montreal, the Sustainable Critical Minerals Alliance would support these standards for elements like lithium, cobalt and nickel.
Navajo Transitional Energy awards $250,000 to charitable programs in support of Navajo Nation
The grant is awarded to organizations working on projects related to education and youth development, environmental stewardship, economic development, or cultural sustainability.
US finalizes $2.5 billion loan to GM, LG battery joint venture
The loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan.
Peru keeps churning out copper and zinc despite political chaos
The only case of mining disruptions is at MMG’s Las Bambas, where a pre-existing community conflict has blocked the main entrance.
Ascot arranges $146m financing package for construction of Premier gold project
The financing package consists of a gold and silver streaming agreement with Sprott and an equity investment by Ccori Apu SAC.
Northam Platinum raises cash part of RB Platinum bid
The maximum cash value of the offer now stands at 17 billion rand, up from 10 billion rand.
