Stake in 186-kg gold cube may be sold in Austrian insolvency
Using the current market price of $3,962 an ounce, the value of the gold in the entire cube would be around $23 million.
Latest Stories
Gold price to test $5,000 in 2026, consultancy says
Metals Focus sees gold prices averaging $4,560/oz. next year.
Canada to work with G7 partners to secure critical mineral supply deals, minister says
Some of the announcements expected this week from the G7 meeting will be on stockpiling of critical minerals and investments in new mining operations.
ERG mulling offers for Brazil iron ore project
The project, known as Bamin, includes an iron ore mine, a future deep sea port and a rail link.
Cameco soars on $80 billion US nuclear pact
Under the partnership, Westinghouse will deploy its AP1000 reactor, which it hails as the most advanced commercially available.
Anglo American posts 9% drop in copper output in first nine months
Anglo still expects to produce 690,000-750,000 tons of copper and raised its iron numbers.
US and Japan strike rare earths deal
Japan eyes $400B in US energy, critical minerals and AI projects, as both governments list key investments.
Banks, investors pumped $52B into met coal between 2022 and 2024: report
Banks lent $22B despite climate pledges, while investors still hold $30B in related securities.
Rewind launches world’s first deep mine carbon vault
By 2030, Rewind plans to remove 1M tonnes of carbon yearly via deep mines, marine basins and anoxic sites.