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…
News
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…
AVZ slams Congo-KoBold deal
Australia-based AVZ Minerals (US-OTC: AZZVF) said on Monday a new agreement between the Democratic Republic of Congo (DRC) and U.S.-backed KoBold Metals violates an international arbitration order tied to the…
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…
Video: Agnico Eagle CEO vows to return unused cash, not chase weak deals
Sitting on significant free cash amid gold trading at record price levels, Agnico Eagle Mines (NYSE; TSX: AEM) would rather hand back surplus cash than chase marginal deals, CEO Ammar Al‑Joundi…
Marathons are a slog, but in an underground mine?
The world’s deepest marathon is to be run this October in an unprecedented challenging environment: 1,120 metres below sea level in one of Europe’s deepest mines. The event, set inside…
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…
KoBold signs Congo deal to boost US mineral supply
The Democratic Republic of Congo and U.S.‑based Kobold Metals have struck a preliminary mineral exploration agreement that deepens American involvement in the country’s critical‑minerals sector. The deal opens the door…
Lifezone cuts Kabanga project value to $1.6B
Lifezone Metals‘ (NYSE: LZM) feasibility study for the flagship Kabanga nickel project cuts the asset’s net present value and mine life while boosting production costs compared with a more speculative…
Energy Fuels hits 3-year high on REE output
Energy Fuels (NYSE-A: UUUU) (TSX: EFR) has begun heavy rare earth element (HREE) production on a pilot scale at its White Mesa mill in Utah, paving the way for commercial production…