Costco is selling up to $200 million of gold bars and silver coins every month
Given its pricing and shipping costs, analysts with Wells Fargo wrote that it's likely a "very low-profit business at best."
Latest Stories
Flying Nickel updates Minago resource, including first PGM estimate
The MRE showed a 42% increase in the in-pit portion of the M&I nickel resource.
Gina Rinehart-backed lithium hopeful surges after demo batch
Vulcan Energy has gained nearly 40% this week after announcing its first viable output using direct-extraction technology.
Congo seeks outside advice on imposing cobalt export curbs
Cobalt prices have plunged by two-thirds since mid-2022 as global supply races ahead of demand.
Peabody falls as production issues, weather crimp coal sales
Peabody said warm winter weather in the US crimped demand for coal from utilities.
G Mining’s Brazil gold mine construction near complete, on track for production in H2
Over a mine life of 10.5 years, Tocantinzinho is expected to produce 1.83 million oz. of gold.
Project to turn hydrogen into a powder for easy export gets $3.2 million in funding
The Kotai Hydrogen project will use a new method of hydrogen production and transportation developed by Curtin’s Hydrogen Storage Research Group.
Canada Nickel starts working on Crawford, eyes 2027 production
The company has started front end engineering design at the northern Ontario project, expected to be in production by late 2027.
Global coal power grew 2% last year, the most since 2016, survey says
The rise is driven by new builds in China and decommissioning delays elsewhere.
