Gold price wavers as US bond markets rally on rate-cut optimism
The precious metal has risen nearly 14% this year, on track for its first annual increase in three years.
Latest Stories
Paramount Gold closes $15 million funding with Sprott to advance Grassy Mountain mine
The proposed mine has an initial eight-year life producing 47,000 oz. of gold and 55,000 oz. of silver annually.
Biden extends EU steel, aluminum tariff exemption for 2 years
The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production.
Mexico finds first remains of coal miners lost in 2022 accident
Mexican authorities have located the remains of two of the 10 coal miners trapped and killed at the El Pinabete mine in August 2022.
Brazil cracks down as wildcat miners in the Amazon shift their operations
Federal Police have joined the government's biodiversity conservation agency ICMBio on a series of recent operations to catch illegal gold miners.
China’s net gold imports via Hong Kong rise in November
China's net gold imports via Hong Kong rose about 37% in November from the previous month.
Saudi mining company Maaden finds new gold deposits
The Saudi Arabian Mining Company said it had discovered multiple gold deposits south of its existing Mansourah Massarah gold mine.
Japan’s JFE takes new tack to tame volatile coking coal prices
Japan's No.2 steelmaker plans to buy more coking coal from the spot market to boost activity and make prices more transparent.
Gold Fields’ Chile mine targets April 2024 start after further delay
As a result of the delay, Gold Fields has revised its 2024 production forecast from Salares Notre to 220,000-250,000 ounces, from 400,000-430,000 ounces previously.
