Central banks reined in gold purchases in August as prices climbed — WGC
Central banks are still buying gold, but they’ve pared back their purchases since highs reached last year — possibly because of the recent surge in gold prices, the World Gold…
Europe
Video: Why one contrarian mining investor prefers Australia over North America
Australia offers true discovery potential whereas “every rock seems to be turned three times” in North America, Commodity Discovery Fund founder Willem Middelkoop said in an interview. The Netherlands-based investor…
Video: New commodity supercycle to lift gold, copper and uranium stocks, fund manager says
Global investment in infrastructure and inflationary pressures are driving a new commodity boom, fund manager Wasif Latif said in an interview. Latif, the chief investment officer at Texas-based Sarmaya Partners,…
Vale, GEP partner to set Brazilian green hydrogen sector
Vale (NYSE: VALE) and Green Energy Park (GEP), an integrated European hydrogen company, have joined forces to explore opportunities for green hydrogen production in Brazil. The partnership falls under Vale’s…
Velocity Minerals sells Bulgarian assets for US$59M
Bulgaria-focused Velocity Minerals (TSXV: VLC; US-OTC: VLCJF) has agreed to sell its Rozino gold project, along with various other assets, in return for US$59 million in cash. Türkerler, a diversified…
Video: Gold Fields targets aggressive Americas-focused growth, CEO says
Gold Fields (NYSE: GFI; JSE: GFI) expects to boost production by 600,000 oz. in the coming years, CEO Mike Fraser says in a new video. Its pending $2.2-billion acquisition of…
JV video: Alamos Gold eyes 80% growth, mostly from within portfolio, CEO says
After digesting a series of acquisitions made at lower gold prices, Alamos Gold (TSX: AGI; NYSE: AGI) president and CEO John McCluskey says the company aims to grow production by…
Video: Gold rally leaves hesitant Western investors in the dust, fund manager says
Most Western investors have missed the record gold rally, remaining hesitant while waiting for a price correction that may never come, Liechtenstein-based gold fund manager Ronald-Peter Stöferle says in a…
Rio Tinto battles ‘misinformation’ over Serbia lithium mine
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is boosting efforts to win public support for its US$2.4-billion Jadar lithium project in Serbia, which has been halted since 2022 because…
Video: Gold miners face skepticism, even as metal price rises, Denver Gold exec says
Gold at all-time highs has pushed up miners’ margins, but companies are opting for restraint and avoiding the temptations of past bull cycles, Denver Gold Group executive director Tim Wood…
CHART: Global mining and metals – a reality check
A new report by McKinsey’s energy and materials practice outlines a global mining and metals industry emerging from a few years of boom and bust and price fluctuations the consulting…
AMG Critical Materials opens Europe’s first lithium hydroxide refinery
AMG Critical Materials has opened Europe’s first lithium hydroxide refinery in Saxony-Anhalt, Germany. The refinery, where commissioning of the first of five modules planned for its site has begun, is…