Gold tops US bonds as largest foreign reserve asset
Gold has surpassed US Treasuries as the world’s largest reserve asset globally for the first time in 30 years amid rising prices and aggressive buying by central banks. According to…
Gold
Centerra rises on Mt Milligan copper-gold life boost
Centerra Gold (TSX: CG; NYSE: CGAU) gained the green light to extend operations until 2035 at its Mount Milligan copper-gold mine from British Columbia’s Environmental Assessment Office (EAO). Shares rose….
Banks remain bullish on gold above $4,500
After delivering its best annual performance since 1979, gold is drawing fresh bullish calls from major banks as conditions line up for fresh record highs. In a note published on…
Mineral, metal prices to edge higher: Fitch’s BMI
Most mineral and metal prices are expected to increase slightly this year as robust demand and tighter supply combine with declining tariff uncertainties, according to BMI, a unit of Fitch…
Gold jumps after Venezuela president captured
Gold advanced nearly 3% on heightened geopolitical tensions following the capture of Venezuela President Nicolás Maduro by United States special operations forces. Spot gold hit a one-week high of $4,455.42…
London Symposium video: Gold at $4,200? Panel still sees room to run
Gold’s rise above $4,000 (C$5,500) per oz. hasn’t ended the bull market, industry doyens told the recent International Metals Symposium in London, arguing the metal is being lifted by doubts…
NorthWest Copper finds shallow copper, gold in B.C.
NorthWest Copper (TSX-V: NWST) says drilling at its main Kwanika project in British Columbia yielded near-surface copper and gold in two different zones. Hole K-25-287 cut 47.5 metres grading 1.22%…
London Symposium video: McEwen touts Milei boost for Los Azules copper
Argentina’s pro-business shift under President Javier Milei makes it easier to move McEwen’s (NYSE, TSX: MUX) $3.1-billion (C$4.3 billion) Los Azules copper project towards construction, founder Rob McEwen says, provided…
Editorial: London calling
The title track of The Clash’s 1979 album borrows the urgency of a BBC global news broadcast, the ones that used to proclaim “this is London calling.” The song is…
Axis sues Guinea for $29B over bauxite permit
United Arab Emirates-based bauxite producer Axis International has filed a $28.9-billion arbitration claim against Guinea at a World Bank tribunal after the government revoked its mining permit in May. Axis…
London Symposium video: Rick Rule on gold
The surging gold price over the past two years marks a catch-up based on a bull market going back to 2000 that few recognized then, veteran investor Rick Rule says…
London Symposium video: Gold has room to run
The sustained gold price could attract a new wave of retail investors including cryptocurrency backers and technology stock holders, gold company executives say in a new video. Bullion touched a…