Video: In a ‘perfect storm,’ Asia now sets gold’s moves
Gold’s price setting has moved from the West to the East since March – a shift that shows the United States is losing control over gold and possibly other financial…
Asia
Freeport says all missing workers at Grasberg have died
Freeport-McMoRan (NYSE: FCX) said all seven workers who went missing at the Grasberg copper mine in eastern Indonesia during a mudslide that halted production at the site last month have…
Silver squeeze nears end game, TD analyst says
Investors bracing for the next big silver squeeze may soon get their wish, according to TD Securities, as the bank sees the market approaching a tipping point due to the…
JV Video: Japan Gold drills under cover as Barrick exits
Japan Gold (TSXV: JG; US-OTC: JGLDF) is testing buried epithermal targets across a district-scale portfolio in Japan after completing three Barrick Mining (TSX: ABX; NYSE: B) -backed scout programs, CEO…
Japan Gold shares plunge as Barrick alliance ends
The strategic alliance between Japan Gold (TSXV: JG) and Barrick Mining (TSX: ABX; NYSE: B) is coming to an end after more than five years and C$23 million ($17 million)…
Indonesia halts Grasberg to seek trapped workers
Indonesia’s government has reached an agreement with Freeport Indonesia to halt operations at the Grasberg mine to prioritize the search for workers trapped after a recent accident, Reuters reported, citing…
Zijin becomes world’s No. 3 miner on $100B valuation
China’s Zijin Mining Group (HKG: 2899) has climbed past the $100 billion threshold in market capitalization for the first time, propelling it into the No. 3 spot globally, overtaking Glencore…
Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…
Nevada Lithium jumps on Korean extraction pact
Nevada Lithium Resources (TSXV: NVLH; US‑OTC: NVLHF) jumped as much as 32% by midday Wednesday after South Korea’s Hydro Lithium agreed to test patented extraction technology at the Bonnie Claire…
Mining Forum Americas: Taiwan war could reshape metals – fast
Colorado Springs, Colo. – The “Trumponomics” playbook – 10% base tariffs, a weak-dollar tilt and rising great-power risk – points to more gold upside and a messy reroute of mining…
Sprott buys most uranium in 2.5 years
The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD), the world’s largest holder of the heavy metal, now has about 70 million lb. of uranium after it bought 450,000…
Gold price hits new record high
Gold pushed to a record $3,728 per oz. on Monday before easing about $10 an oz. as investors piled into exchange-traded funds, extending a rally that resumed after last week’s…