Burkina Faso seeks to ease investor concerns
Burkina Faso, Africa’s fourth-largest gold producer, is trying to reassure international miners that its request to acquire more of West African Resources’ (ASX: WAF) Kiaka gold mine is an option,…
Stock Markets/Investing
Sweden to ditch uranium ban, unleashing giant projects
Sweden plans to remove a ban on mining uranium Jan. 1, boosting projects by District Metals (TSX-V: DMX; Nasdaq: DMXSE SDB; US-OTC: DMXCF) and Aura Energy (LSE: AURA; ASX: AEE),…
Gold price could see $5,000 if Trump keeps attacking Fed: Goldman Sachs
U.S. President Donald Trump’s war against the Federal Reserve may send gold prices to as high as $5,000 an oz. by driving down investor confidence in the dollar, Goldman Sachs…
Australia gold output hits 300 tonnes again
Australia’s gold sector picked up speed in the June quarter as output in the past year returned to near-peak levels valued at over A$50 billion ($32.8 billion), while Australian-owned miners…
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last year. The deal for the…
Freeport doubles down on Amarc’s JOY project
Freeport-McMoRan (NYSE: FCX) is injecting another $75 million (US$54 million) into Amarc Resources’ (TSX-V: AHR) JOY copper project in British Columbia, moving into stage two of an earn-in agreement signed…
Ivanhoe makes copper discovery in Kazakhstan
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) announced on Thursday that it has made a copper discovery in Kazakhstan warranting follow-up probing. The new copper discovery at its exploration joint venture…
Kodal secures export permit for Mali lithium mine
Kodal Minerals (LSE: KOD) has secured an export permit for spodumene concentrate from its Bougouni lithium mine in southern Mali, clearing a key hurdle for the project’s first shipments. The…
Freeport CEO urges US aid to grow copper
United States mining giant Freeport-McMoRan (NYSE: FCX) is calling on the Trump administration to sweeten incentives for domestic copper producers and cut permitting times to help offset weak metal grades,…
Teck hits growth pause to fix Chile copper mine
Teck Resources (TSX: TECK.A, TECK.B); NYSE: TECK), Canada’s largest diversified miner, has deferred major expansion projects while it works to fix output problems at its flagship Quebrada Blanca (QB) copper…
World Gold Council proposes digital gold; price spikes
The World Gold Council has a new plan to allow investors to hold and trade digital versions of the yellow metal, issued on the same day the gold price set…
Fury Gold’s Eau Claire study posits 41% return
Fury Gold Mines’ (TSX, NYSE-A: FURY) first economic study of its Eau Claire gold deposit in Quebec shows strong returns across three development concepts. The base case using a gold…