April 11, 2024

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."

April 11, 2024

Peabody falls as production issues, weather crimp coal sales

Peabody said warm winter weather in the US crimped demand for coal from utilities.

April 11, 2024

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.

April 11, 2024

Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuring

The planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors. 

April 10, 2024

Trafigura is using late founder as scapegoat on bribes, son says

Trafigura last month admitted that Claude Dauphin had approved bribe payments in Brazil

April 10, 2024

Gold price rally halted on signs of likely Fed rate cut delay

Both the US Treasury yields and dollar rose after the latest core consumer price index data.

April 10, 2024

Revival adds second gold project with takeover deal for Ensign Minerals

Revival Gold considers the large regional package at Mercur to "hold attractive potential for additional discoveries."

April 9, 2024

Australian magnate Rinehart takes stake in MP Materials

MP Materials is the biggest producer of rare earths in the United States.

April 9, 2024

Coeur Mining’s expanded Rochester mine reaches commercial production, shares rise

Rochester is expected to be the largest source of US produced and refined silver.

April 9, 2024

Gold price sets record for eighth session in a row

Bullion has gone up by more than 18% since mid-February.