Silver X PEA confirms district-scale potential in Peru
The PEA outlines a net present value (5% discount, post-tax) of $440 million, with a 69% internal rate of return.
Latest Stories
State Street’s gold ETF rakes in billions as metal hits record
SPDR Gold Shares has taken in the most cash out of any US-listed exchange-traded fund over the last week.
Ivanhoe flags ‘significant’ copper discovery in Kazakhstan
The Kazakh project is estimated to be seven times bigger than its Western Forelands project in the Democratic Republic of the Congo.
Vale reopens Capanema mine, unveils $12.2B investment plan in Minas Gerais
Capanema will add about 15 million tonnes per year to Vale's iron ore output.
Freeport doubles down on Amarc’s JOY project
Freeport-McMoRan is investing $54M in Amarc Resources’ JOY copper project in BC, entering stage two of their 2021 deal.
Gold price could see $5,000 if Trump keeps attacking Fed: Goldman Sachs
The bank's base case is that gold could continue its recent rise and achieve an average price of $3,700 by year-end, then $4,000 by mid-2026.
Zijin said to plan $3 billion HK IPO in world’s biggest listing since CATL
The gold rally has bolstered investor interest in gold miners worldwide.
Congolese women turn to mining for survival after rebel attacks
In Congo, mining is traditionally dominated by men, but women are often driven to undertake the back-breaking work to survive.
Nornickel chief’s ex-wife can pursue massive divorce claim, UK court rules
Vladimir Potanin currently holds a 37% stake in the company, which is valued at nearly $9 billion.