Gold price heads for yearly gain as market eyes rate cuts in 2024
Bullion was steady on the final trading day, putting it on track to end the year about 13% higher.
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Nickel is year’s biggest metals loser, copper manages small gain
Nickel is poised to post an annual drop of more than 40% on the London Metal Exchange, the biggest decline since 2008.
Gold price wavers as US bond markets rally on rate-cut optimism
The precious metal has risen nearly 14% this year, on track for its first annual increase in three years.
Paramount Gold closes $15 million funding with Sprott to advance Grassy Mountain mine
The proposed mine has an initial eight-year life producing 47,000 oz. of gold and 55,000 oz. of silver annually.
Biden extends EU steel, aluminum tariff exemption for 2 years
The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production.
Mexico finds first remains of coal miners lost in 2022 accident
Mexican authorities have located the remains of two of the 10 coal miners trapped and killed at the El Pinabete mine in August 2022.
Brazil cracks down as wildcat miners in the Amazon shift their operations
Federal Police have joined the government's biodiversity conservation agency ICMBio on a series of recent operations to catch illegal gold miners.
China’s net gold imports via Hong Kong rise in November
China's net gold imports via Hong Kong rose about 37% in November from the previous month.
Saudi mining company Maaden finds new gold deposits
The Saudi Arabian Mining Company said it had discovered multiple gold deposits south of its existing Mansourah Massarah gold mine.