Gold stock correction mode
Gold miners’ stocks are mired in correction mode, which isn’t surprising after their mighty post-stock-panic upleg.
Latest Stories
Scotgold expects first gold pour by end of November
The Cononish project is slated to become Scotland’s first commercial gold mine.
Equinox Gold halts Los Filos operations
Company has suspended activities at its gold mine in Mexico as the result of a road blockade by members of the local community.
Gold price slides as stock market rout continues
Spot gold fell to a near one-week low and on pace for a weekly loss of 2.2%.
Europe joins global scramble for critical minerals
Europe has belatedly woken up to the fact it has a metals problem.
Codelco workers threaten action in job conditions row
Tension has brewed between unions and the company over complaints about the lack of compliance with coronavirus prevention measures and the over-pricing of insurance.
Freeport Indonesia expects sales jump after transition to underground mine
Sales of copper in 2021 are expected to jump to 1.4 billion lbs while gold sales are expected to increase to 1.4 million ounces.
BHP awards tender for LNG-fuelled bulk iron ore carriers
The contract for five Newcastlemax bulk carriers to carry ore between Australia and China was awarded to Singapore-based Eastern Pacific Shipping.
China’s aluminum import surge a sign of global disconnect
China’s once-in-a-decade aluminum trade inversion is first and foremost down to the arbitrage window that opened in the second quarter.
