Dutch slash New York gold in crisis shift
The Netherlands’ central bank has transferred 86 tonnes of gold from North America to London, cutting the share of its bullion held in New York to 19% from 31% as…
Stock Markets/Investing
Strike to begin at Sibanye-Stillwater’s US operations
Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) faces a strike at its Stillwater East mine and Columbus metallurgical complex in Montana after more than four months of contract negotiations failed to produce…
Faraday drilling boosts Arizona copper cathode case
Faraday Copper (TSX: FDY; US-OTC: CPPKF) says drilling at its Copper Creek project in Arizona has expanded shallow oxide and sulphide mineralization, strengthening the case for future copper cathode production…
Gem Diamonds rebounds as big stones lift profit
Gem Diamonds (LSE: GEMD) swung back to profit in the first half of the year as stronger prices for large diamonds from the Letšeng mine in Lesotho and cost reductions…
Tungsten surge transforms Northcliff’s Sisson economics
Northcliff Resources’ (TSX: NCF; US-OTC: NCFFF) new feasibility study for the Sisson tungsten-molybdenum project in New Brunswick puts its post-tax value at more than four times the cost to build…
Podcast: Gold dealers face ‘credit crunch’, ft CPM Group’s Jeffrey Christian
This week’s episode features Jeffrey Christian, managing partner at CPM Group, in conversation with host Adrian Pocobelli on the broader macroeconomic factors affecting the gold market. Christian discusses the implications…
Editorial: The money is already here
Despite a sharp escalation in the Canada-U.S. trade dispute, global investors are already voting with their wallets ahead of Prime Minister Mark Carney’s Sept. 14-15 investment summit in Toronto. Total…
Sibanye OKs copper-gold projects on two continents
Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has approved its Mt Lyell copper-gold project in Tasmania and Burnstone gold project in South Africa, advancing two long-life developments as stronger metals prices boost…
ACG starts copper concentrate output in Turkey
ACG Metals (LSE: ACG) produced the first copper concentrate from its Gediktepe mine in Turkey, marking its transition from precious metals as it targets full sulphide production by the end…
Collective extends Colombia’s Apollo on 15-g/t gold hit
Collective Mining (TSX, Nasdaq: CNL) has extended its Apollo system in Colombia 100 metres north after two drill holes targeting the deeper Ramp zone unexpectedly cut a new mineralized breccia…
Larvotto joins antimony ranks as Hillgrove revives
Larvotto Resources (ASX: LRV) has started antimony and gold production at its Hillgrove mine in Australia, adding a major Western source of a strategic metal whose supply is dominated by…
Court ruling backs Perpetua’s $1.3B Stibnite build
Perpetua Resources (TSX, Nasdaq: PPTA) is pressing ahead with early construction at its Stibnite gold-antimony project in Idaho after a U.S. federal court upheld key approvals against an environmental challenge….