Gold price drops nearly 1% on strong US jobs data
The selloff in gold comes after the latest US payroll numbers came in above analyst expectations, lowering the chances of a Fed rate cut.
Latest Stories
Ero Copper’s Tucumã mine in Brazil reaches commercial production
Tucumã produced about 6,400 tonnes of copper in the second quarter, including about 2,000 tonnes during the second half of June.
Russia seeks seizure of owner’s stake in gold producer Uzhuralzoloto
Uzhuralzoloto, or UGC, is Russia's fourth-largest gold producer.
Infographic: Who controls rare earth processing?
This graphic tracks refined output of rare earth magnets.
Pakistan dangles rare earths to woo Trump, avoid tariffs
Cash-strapped Islamabad seeks to avoid US trade tariffs and strengthen ties with the White House.
Summit Royalty to go public in deal with Eagle Royalties
Combined portfolio will feature 40+ royalty interests, with Eagle providing critical minerals, gold and industrial mineral royalties.
Wheaton Precious Metals brings back $1M Future of Mining Challenge
Wheaton will award $1 million to a cleantech venture with innovative technology that seeks to advance sustainable water management in the mining industry.
ATMY reports “massive” antimony-bearing mineralization at Bald Hill project
The Bald Hill project is located in Canada’s New Brunswick province.
Rio Tinto-backed aluminum firm to invest $1.1 billion in Canada smelter
Aluminerie Alouette is a consortium made up of Rio Tinto, which owns 40%, and other companies including AMAG Austria Metall AG and Norway’s Hydro Aluminium.
