November 18, 2024

Gold price rebounds 2% as Goldman reiterates $3,000 target

Bullion has declined about 7% from a record last month, with losses accelerating after Trump’s victory.

November 18, 2024

US Gold clears final hurdle for mine permit in Wyoming, PFS work underway

The company says the optimized PFS could be released as soon as the end of this year.

November 18, 2024

Newmont sells Ontario gold mine to Orla for $850 million

The addition of the Musselwhite mine to its portfolio more than doubles Orla Mining's gold output to 300,000 ounces per year. 

November 17, 2024

Gold loses some luster after Trump’s decisive win

Gold’s slide is a marked turnaround for a commodity that had surged by more than 30% in the year leading up to the US vote.

November 16, 2024

Trump chooses oil fracking boss as energy secretary

Chris Wright, the chief executive officer of Liberty Energy Inc., has no previous Washington experience.

November 15, 2024

Hedge funds slash bullish wagers on gold over Trump election win

Hedge funds and other large speculators boosted net-long positions by 11% to 197,362 as of Nov. 12, the lowest in 14 weeks.

November 15, 2024

US House of Representatives approves 2024 Critical Mineral Consistency Act

The bill modifies the Energy Act of 2020 to expand the definition of critical minerals.

November 15, 2024

Russia takes aim at US nuclear power by throttling uranium

Limits creates potential supply risks to utilities operating American reactors that generate almost a fifth of the country’s electricity.

November 15, 2024

Gold price faces worst week since 2021 as Fed signals no rate-cut rush

The precious metal has fallen about 8% from a record high on Oct. 31, with losses accelerating after Trump’s election victory last week.

November 15, 2024

Peninsula Energy shares plunge on lower uranium production forecast

Peninsula also announced that CEO Wayne Heili will step down next year.