Gold price falls 1% as chances of larger Fed rate cut dwindle
Despite this pullback, the precious metal is trading near a record high it reached last month.
Latest Stories
Northam Platinum warns of profit fall as low PGM prices persist
Northam's bigger rival Impala Platinum has already said it will report a basic loss of up to 17.8 billion rand.
First Nations chiefs challenge Ontario mining regulations in court
The mining sector's interest in northern Ontario is driven by the area's rich mineral resources essential for electric vehicle batteries.
Calibre says Valentine gold mine on track for 2025 production
Key recent developments included receiving federal environmental approval and provincial mine and surface leases for the Berry deposit in Newfoundland.
Teck-Glencore JV begins environmental studies to jumpstart stalled Minnesota project
NewRange plans to bring a new team with global expertise on tailings storage, water science, efficient production and carbon reduction.
Endeavour agrees to pay staff for overtime work to end strike
The company in April said it was on track to achieve full-year guidance of between 1.13 million ounces of gold.
Perseus Mining takes stake in Guinea-focused miner
Perseus has acquired a stake of almost 14% in Predictive Discovery Ltd.
Iron ore price hits over 1-year low on bleak China credit data
China's bank lending tumbled more than expected in July, hitting the lowest in nearly 15 years.
China’s XCMG signs deal with Simfer for Simandou iron ore project
China's leading construction machinery manufacturer will provide $112m in core mining equipment.
