Russia says it mined enough gold to beat China
Moscow’s first mining estimate since 2022 raises questions as industry experts struggle to reconcile the figures.
Articles by Cecilia Jamasmie
Gold could hit record $4,920 as bull run resumes
Metals Focus forecasts another record year for gold as investment demand overtakes jewellery consumption.
Canada bets on workforce alliance to fill mining jobs
Canada has launched a new industry-led alliance to address labour shortages in mining and minerals as the sector faces rising demand for critical minerals, new technologies and major infrastructure projects….
Gold overtakes US Treasuries in global reserve shift: ECB
The ECB reports that central banks’ gold buying and rising prices have outpaced US Treasuries in global reserves.
GM faces vote over Indigenous risks at Thacker Pass
A group of faith-based investors is pressing General Motors (NYSE: GM) shareholders to back a proposal calling for greater disclosure of Indigenous rights risks tied to critical mineral sourcing, putting…
Elliot pushes Australia’s top gold miner to weigh sale
Activist investor Elliott wants Northern Star Resources to review strategy, leadership and board composition.
Orla halts Mexico mine operations amid worker blockade
Orla Mining (TSX: OLA; NYSE: ORLA) shares fell almost 8% Monday after the company temporarily suspended operations at its Camino Rojo gold mine in Mexico following a work stoppage and…
Pan American approves $146M Timmins expansion
Pan American Silver (TSX, NYSE: PAAS) has approved the first phase of a major expansion of its operations in Ontario, committing about $146 million (C$201 million) to deepen the Bell Creek…
Petra Diamonds sidelines Finsch mine, cuts jobs
Petra Diamonds (LSE: PDL) is placing its Finsch mine into business rescue and cutting jobs across its South African operations as collapsing diamond prices and a strong rand threaten the…
CHARTS: How the sulphuric acid crunch is driving up critical minerals costs
Conflict in the Middle East and the closure of the Strait of Hormuz have sent sulphuric acid prices soaring, sharply increasing production costs for lithium, nickel and other critical minerals…
Cameco resumes McArthur River output after flood
Canada’s Cameco (TSX: CCO; NYSE: CCJ) has restored full production at its McArthur River mine and Key Lake mill in northern Saskatchewan after flooding earlier this month disrupted transportation between…
Panama to release First Quantum copper mine audit
Panama plans to publish the final audit of First Quantum Minerals’ (TSX: FM) shuttered copper mine on Friday as anti-mining protests re-emerge and expectations grow over the government’s next move…