April 22, 2020

Gold price rally back on track

“Everybody wants to reexamine gold and it’s not a fringe asset anymore. We’ve been run off our feet" – Sprott CEO

April 22, 2020

Petra moves towards $650 million debt restructuring

The company announced in February it was looking at strategic options in relation to its debt due in 2022.

April 22, 2020

Emissions to drop 6% this year due to pandemic

The World Meteorological Organization says the forecast comes as covid-19 has brought transportation and industrial energy production to a near halt.

April 21, 2020

Fire breaks out at Lundin’s Swedish underground mine

The company said all workers who were underground at the time were safely evacuated.

April 21, 2020

Sprott can’t keep up with demand as turmoil spurs gold rush

Investors are rushing to put their money into gold as the coronavirus pandemic roils markets worldwide.

April 21, 2020

Centamin keeps guidance, declares interim dividend

The gold miner has maintained its full year guidance of 510,000-540,000 oz following Q1 results.

April 21, 2020

Gold price to surge past $3,000 says Bank of America

BofA's super bullish assessment comes on the same day the gold price drops back below $1,700 an ounce – down $90 in a week.

April 21, 2020

Swiss gold exports to US jump to at least eight-year high

Shipments rose to 43.2 tonnes, the highest in data going back to 2012.

April 20, 2020

Renewables overtake coal-fired power generation for first time

IEA report on electricity generation in OECD countries shows coal-fired power output fell by the most on record while wind and solar sources grew rapidly.

April 20, 2020

London, gold hub for centuries, eyes delivery ‘around the world’

The London gold market will need to allow delivery outside of the city if the coronavirus pandemic leads to more stringent travel restrictions.