Hong Kong expands gold market and invites China to participate
Hong Kong pledges to increase the city’s capacity for holding bullion to more than 2,000 tons over the next three years.
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Syrah Resources gets Tesla reprieve in graphite supply deal
The 2021 Tesla contract, worth 8,000 tonnes annually for a four-year period, underpins Syrah's Louisiana Vidalia facility.
Deutsche Bank lifts gold price forecast to $4,000
The bank raised its forecast from a previously expected $3,700/oz in April.
Ecuador’s President casts doubt on Dundee’s Loma Larga
President Daniel Noboa has tasked Azuay authorities with project approval, as province seeks to revoke Loma Larga's environmental permit.
BHP, Lundin Mining bet $400M on Argentina copper hub
Their 50:50 JV, Vicuña, plans to seek approvals and begin production at a multibillion-dollar copper project in 2030.
Orion Minerals signs deal with Glencore unit for up to $250M funding
Funding is for its Prieska copper-zinc project in South Africa.
EnergyX to acquire Daytona Lithium, expanding Arkansas resource base
The company is progressing its project Lonestar Lithium in the Smackover with its near completed demonstration plant.
Barrick focused on internal growth after shedding gold assets
While Barrick said the company is open to taking positions in junior companies, CEO Mark Bristow said it is not planning any major deals.
Authorities raid Swiss trader in probe linked to Russian gold
Local office of Open Mineral AG raided last Thursday as part of an investigation into potential sanctions breaches relating to its trading.