Digital gold could triple by 2031, WGC estimates
Digital gold could bring $95 billion (C$135 billion) in new money into bullion by 2031 if providers can win investors’ trust, the World Gold Council and Boston Consulting Group estimate….
Africa
Summit video: Montage targets first Koné gold pour by year-end
Montage Gold (TSX: MAU; US-OTC: MAUTF) is targeting higher-grade satellite deposits to boost output at its Koné mine in Côte d’Ivoire, CEO Martino De Ciccio says. Koné, about 350 km…
US Project Vault readies $1B loan blitz for industry
Federal-backed financing aims to help US manufacturers secure essential metals and materials amid supply risks.
Copper surplus to widen as refined output rebounds
The global refined copper surplus is expected to more than triple next year as production growth outpaces consumption, despite demand from electrification, artificial intelligence and data centres, the International Copper…
Cartier owner weighs De Beers bid with Signet
Cartier owner Richemont and U.S. jewellery retailer Signet Jewelers (NYSE: SIG) are discussing joining a consortium bidding for Anglo American’s (LSE: AAL) controlling stake in De Beers, Reuters and Bloomberg…
World’s biggest manganese producer faces China cost hurdle in battery push
South Africa, the world’s largest manganese producer, is expanding into battery materials but needs buyers willing to pay more than Chinese suppliers charge. Privately held Manganese Metal Co. (MMC) has…
Podcast: Tungsten supply challenges in China and the West, ft Almonty CEO Lewis Black
This week’s episode features Almonty Industries CEO Lewis Black in conversation with host Adrian Pocobelli on the state of the global tungsten market. Black examines the Chinese and Western tungsten…
Fortuna logs high-grade gold in Senegal, extends deposit’s depth
New drilling by Fortuna Mining (NYSE: FSM; TSX: FVI) at its Diamba Sud project in Senegal could expand the property’s mineral reserve. Hole DSR1149 in the Southern Arc zone cut…
Gold council urges miners to name refiners
Gold miners are being urged to identify the refiners receiving metal from each operating mine under a World Gold Council disclosure framework aimed at making legitimate gold flows easier to…
Ivanhoe copper jumps 19% as Kamoa-Kakula rebounds
Higher mining rates and improved underground access at the DRC mine lift quarterly output.
Silver shortage could flip to surplus in 2027: Deutsche
Rising silver inventories and declining industrial demand could trigger a supply glut as soon as next year, Deutsche Bank says in a new report. Spot prices for silver could average…
Barrick secures 15-year North Mara licences in Tanzania
Tanzania has renewed Barrick Mining’s (TSX: ABX; NYSE: B) licences for the North Mara gold mine for 15 years, securing its operating tenure as the company weighs an expansion. North…