May 14, 2020

Lender says Murray violated deal in ‘brazen’ loan default

GACP alleges Murray improperly included noncoal receivables in a financial report.

May 14, 2020

Group Ten encouraged by new soil anomalies at PGE project in Montana

The Canadian miner reported precious metal values up to 1.16 g/t Pt, 0.46 g/t Pd, and 0.47 g/t Au in soil.

May 13, 2020

Sprott Resource sells stake in Corsa Coal

Corsa operates four metallurgical coal mines across Pennsylvania and Maryland.

May 13, 2020

Gold price up again as Goldman names it favourite trade

Jeff Currie, global head of commodities research at Goldman Sachs, is still bullish on gold.

May 13, 2020

HSBC lost $200m in a day on paper as coronavirus dislocated gold market

HSBC said the issue was mainly due to an "unprecedented widening" of the price difference between US gold futures and spot gold in the London market.

May 12, 2020

First Vanadium releases PEA for Carlin deposit in Nevada

The early stage study estimated an open-pit mine life of 11 years producing a total of 180 million lbs. vanadium oxide (V205).

May 12, 2020

Gold price up as Fed begins historic ETF purchase program

The US central bank has begun its long-awaited corporate bond program to stimulate the economy.

May 12, 2020

Ted Cruz seeks to end US dependence on China for rare earths

The bill would create tax incentives for companies to buy rare earth elements within the US.

May 12, 2020

Miners buck M&A slump with pandemic gold deals

More than $16 billion of mergers, acquisitions and investments in other sectors have been terminated in last month.

May 11, 2020

Metals markets to move into surplus — report

Fitch has revised down 2020 copper consumption growth forecasts for China and the US.