Gold bars are worth a million dollars for the first time
The milestone was reached Friday, when the precious metal’s spot price surpassed $2,500 per troy ounce.
Latest Stories
US gives Electra $20 million to build cobalt plant
The funds will support construction of a cobalt sulfate facility in Ontario that will be North America’s only refinery.
VIDEO: There’s a “disconnect between junior equity prices and the gold price” — Gold Fields CEO
CEO Mark Fraser said one of the challenges in the sector is that junior developers are not seeing real value of the gold price reflected in their equities.
Want to capitalize on all-time high gold price? You could be in business by 2040!
Financial markets and the mining industry have lost all touch.
Teck Coal fined for unauthorized waste disposals in British Columbia
The Teck coal unit was fined close to C$221,000 for nearly 30 cases of environmental breaches in southeastern BC.
Chinese copper exports fall from record as local demand rebounds
Exports of unwrought copper and products fell 40% from June to 140,940 tons, according to customs data on Sunday.
Ivanhoe Electric’s Saudi JV begins drilling first target
In November 2023, the JV kicked off its exploration campaign on 48,500 km2 of land on the Arabian Shield.
Ivanhoe’s giant Kamoa-Kakula hits stage 3 commercial copper production in Congo
The production milestone further solidifies Kamoa-Kakula’s status.
Union at BHP’s Escondida copper mine signs new deal, ending risk of strike
Earlier, the union had sent a memo to members warning it might re-start the strike if the company did not "rectify its position" over contract talks.
