Fed cuts rate by 0.5%, gold rises
The United States Federal Reserve lowered its benchmark interest rate by 50 basis points to a range of 4.75% to 5% on Wednesday as the majority of analysts expected. Gold…
United States
BofA sees strong 2025 for copper, while iron ore prices to drift lower
While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand.
Dearth of quality new gold discoveries to crimp supply — report
In recent years, gold discoveries around the world have become more scarce and smaller in size, dampening the outlook for future supply of the metal, according to the latest analysis…
Beaver Creek: Rule, Hathaway, Giustra reflect on surging gold price, humdrum equities
Beaver Creek, Col. – Industry leaders debated the roles of economic uncertainty, inflation and monetary policy in driving gold to a record high this week even as many gold equities…
Putin’s exports threat lifts uranium, nickel producers
Stocks in nickel and uranium producers gained this week when Russian President Vladimir Putin floated the idea of limiting metals exports, refueling geopolitics as a top risk, mining analysts said….
South Africa’s platinum output back to pre-Covid levels on job cuts
The World Platinum Investment Council says more than 10,000 Jobs have been lost in 2024 amid falling PGMs prices.
AngloGold Ashanti to buy Centamin for US$2.5 billion
Deal hands AngloGold Egypt’s largest and first modern gold mine, and will make it the world’s no.4 producer of the precious metal.
Beaver Creek: Experts warn poor management sinks mining projects, not rocks
Mining industry experts contend that leadership quality, not just geological assets, determines the success or failure of exploration projects, an industry conference heard Tuesday. They called for more rigorous management…
Beaver Creek: Gold to soon hit US$3,000 amid short-term pullback
Gold is set to surge to at least US$3,000 per oz., says Florian Grummes, CEO of Midas Touch Consulting. But a short-term pullback to the US$2,050–US$2,150 range might happen first,…
World Copper’s Zonia project resource nears 1 billion lb. in Arizona
World Copper (TSXV: WCU; US-OTC: WCUFF) has increasded the potential value and scale of its Zonia copper project in Arizona with an updated resource on the historical estimates using a…
Perpetua wins key fed approval for Stibnite gold and antimony project
Perpetua Resources (TSX: PPTA; NASDAQ: PPTA) stock jumped 17.4% this morning after it said it secured a key federal approval for its flagship Stibnite gold project in Idaho. The United…
Alamos tables high-return Puerto Del Aire mine plan
Alamos Gold’s (TSX: AGI; NYSE: AGI) development plan for its Puerto Del Aire (PDA) high-grade underground gold project in northwest Mexico boasts a net present value at least 63% higher…