Gold rush grips Asia despite near-record prices
Retail investors have been pouring money into the safe-haven asset, with the metal finding increased acceptance among younger buyers.
Latest Stories
US court receives offers for Citgo’s parent, credit bid submitted
The share auction was organized in Delaware to pay creditors including oil producer ConocoPhillips and miners Rusoro, Crystallex and Gold Reserve.
Chart: Codelco delivers worst month of copper output since 2006
The Chilean state behemoth struggles to maintain its status as the world’s top copper supplier.
Column: China’s strong iron ore imports contrast with weak steel output
China imported 102 million tonnes in May, marking a third straight month of arrivals of more than 100 million tonnes.
Sandvik electrifies its largest intelligent rotary blasthole drill
Ideal for iron ore and copper applications, Sandvik DR416iE can drill a hole diameter range of 270 to 406 millimeters.
Ontario Mine Rescue names 2024 provincial competition winners
Out of eight teams, Agnico Eagle’s Macassa Mine came out on top – the first provincial victory for the mine since 1986.
Solaris closes $39m financing for Warintza copper project in Ecuador
The net proceeds will be used primarily for exploration and infill drilling at the project and for regional exploration.
US imposes sanctions on Guyanese mining magnate over alleged fraud
The sanctions, which target three of Nazar Mohamed's companies as well as a Guyanese government official.
Deep contango in LME base metals signals weak nearby buying interest
Spot prices for copper and aluminum in London have moved to sharply deeper discounts to the three-month contract this week.
