Gold price to hit $3,600 this year and next: CIBC
Despite gold’s recent slump, CIBC Capital Markets still expects the yellow metal to reach new heights this year, with prices averaging $3,600 per oz. in the second half. Behind the…
Stock Markets/Investing
Sibanye buys US precious metals recycler Metallix
South Africa’s Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) plans to acquire Metallix Refining, a U.S-based precious metals recycler with two processing and recycling plants in North Carolina, for $82 million. Metallix,…
Anglo Asian begins Demirli copper output
Anglo Asian Mining (LSE-A: AAZ) is moving further along in its pathway of achieving mid-tier copper producer status following the successful commissioning of a second producing mine this year. On…
BHP delays Jansen potash output to 2027, costs climb
BHP (ASX, NYSE LSE: BHP) says first production from its flagship Jansen stage one potash project in Saskatchewan will be delayed by at least six months to mid-2027, with capital…
Northern Dynasty loses more on Pebble unknowns
Northern Dynasty Minerals (TSX: NDM; NYSE-A: NAK) says it has filed a motion in Alaska’s federal district court seeking a summary judgment briefing schedule with respect to its pending litigation over…
Video: Council sees central bank gold buying rising through 2030
Emerging market central banks will keep buying gold aggressively for the next five years to lessen their reliance on U.S. dollar assets, the World Gold Council’s senior market strategist, Joseph…
SolGold’s accelerates Cascabel copper to 2028
SolGold (LSE, TSX: SOLG) is fast-tracking the development of its flagship Cascabel copper-gold project in northern Ecuador, with first production now expected in 2028, three to four years ahead of…
JV video: Empress Royalty to double revenue this year
Empress Royalty (TSXV: EMPR) is set to double revenue this year from 2024’s record $8 million (C$11 million), CEO Alexandra Woodyer Sherron said in a new video interview. The windfall comes from…
JV video: Brixton Metals drills new porphyry, gold targets at Thorn
Brixton Metals (TSXV: BBB; US-OTC: BBBXF) has kicked off drilling at its Thorn copper-gold prospect in British Columbia, targeting new porphyry copper and epithermal gold prospects. Located in the growing…
Northern Dynasty shares plunge 55% on insider selling
Northern Dynasty Minerals (TSX: NDM; NYSE-A: NAK) saw its biggest single-day share drop since 2020 on Thursday due to insider selling activity. The company’s Toronto-listed shares plunged as much as…
Brazil Potash taps private equity for $200M
Brazil Potash (NYSE: GRO), aiming to build the largest fertilizer mine in the Amazon rainforest, says it has a preliminary agreement with a private equity firm to fund the project’s electricity needs. …
AngloGold buys Augusta Gold in Nevada push
AngloGold Ashanti (JSE: ANG; NYSE: AU) agreed to buy Canadian explorer Augusta Gold (TSX: G; US-OTC: AUGG) for about $152 million (US$111 million) in cash to further expand its Nevada footprint. Augusta…