July 24, 2024

Newmont beats quarterly profit estimates on higher gold production

The world's biggest gold miner benefited from robust production and easing costs.

July 24, 2024

BofA, RBC top mining M&A financial adviser rankings in H1 2024 — report

BofA led the way in deal value at $5.4 billion, while RBC advised on the most deals with six.

July 24, 2024

Vale to develop low-carbon mega hubs in Brazil, US, and Middle East within a year

Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates.

July 24, 2024

Gold price rises on softer dollar as market awaits more US data

"The main thing helping gold right now is market expectations that the Fed may actually decide to cut earlier than September," an analyst said.

July 24, 2024

Gold price rally to boost profits for Newmont, Barrick

During the April-June quarter, spot gold averaged $2,335.87 per ounce, 18% higher than the same period last year.

July 24, 2024

Anglo to face investors with wary eye on BHP’s potential return

Investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the miner's strategy.

July 23, 2024

Freeport-McMoran beats second-quarter profit estimates

The company benefited from higher copper prices.

July 22, 2024

US Senators release energy permitting reform bill 

Energy Permitting Reform Act of 2024 could speed up approvals of clean-energy, pipeline and electricity transmission projects.

July 22, 2024

US says billionaire Gertler’s royalties must go to Congo for sanctions deal

A senior White House adviser said lifting that punishment is necessary to open up the assets to new investments that support US interests.

July 22, 2024

Gold price slips as traders absorb Biden withdrawal from US election

Spot bullion traded just under $2,400 an ounce, erasing earlier gains.