December 5, 2023

Young Chinese spurn traditional investments in favour of gold

The trend underscores heightening uncertainty about growth prospects in the world's second-largest economy.

December 5, 2023

Copper futures dragged down by China’s credit downgrade

Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns over debt levels in the world’s largest consumer.

December 5, 2023

Fortune Minerals stock gains on government funds for NICO project

The funds will be used to support a mini-pilot to confirm certain process design criteria and improvements to the NICO project metallurgical processes in Canada's Northwest Territories. .

December 5, 2023

Investors are seeing past 75% lithium price plunge, Chile’s Enami says

The state-owned ore processing company said it will be in a position to choose a partner for a sprawling lithium project by mid next year.

December 5, 2023

IAMGOLD to gain full ownership of Nelligan project with friendly takeover of Vanstar Mining

Under the terms of the current JV agreement, IAMGOLD has the option to acquire an additional 5% interest for 80% by delivering a feasibility study on the Nelligan project.

December 5, 2023

China can’t control the price of iron ore, Vale CEO says

“The rule of the economics are going to drive the price, the rule meaning supply and demand,” said Vale CEO Bartolomeo.

December 4, 2023

Argonaut Gold arranges $59 million bought deal public offering

The net proceeds will be used to fund its Magino gold mine in Ontario and Florida Canyon gold mine in Nevada.

December 4, 2023

Gold ETF records strongest inflows in 20 months

SPDR Gold Shares ETF posted net inflows of over $1 billion in November.

December 4, 2023

Gold price retreats from record as aggressive Fed pivot bets cool off

Some analysts argued that gold’s surge to a fresh record high was overdone.

December 4, 2023

Ivanhoe Electric to acquire remaining interest in Peru-focused Kaizen Discovery

Kaizen's main asset is the Pinaya copper-gold project in southeastern Peru.