Gold price drops to one month-low
Gold dropped below the $5,000-an-ounce level for the first time in a month amid concerns that conflict-induced inflation could derail the Federal Reserve’s rate-cut path. On Wednesday, spot gold went…
United States
Congo to OK first mine sale in US deal
The Democratic Republic of Congo (DRC) is reportedly ready to approve the sale of Chemaf to U.S.-based Virtus Minerals, advancing a strategic minerals partnership between Washington and the African nation…
Dakota Gold sees expansion potential at Richmond Hill
New drilling by Dakota Gold (NYSE-A: DC) at the Richmond Hill oxide heap-leach gold project in South Dakota suggests mineralization extends beyond the deposit’s known limits. Expansion drill hole RH25C-359 –…
Sponsored JV Video at PDAC: Onyen warns weak disclosure can shut miners out of funding
Miners that cannot back up sustainability and governance claims with hard data risk losing access to capital as disclosure rules tighten and lenders demand proof, Onyen founder and CEO Laurie…
Sponsored Video at PDAC: Great Western fast-tracks Nevada tungsten drilling
Great Western Mining (LSE-AIM: GWMO) plans to fast-track drilling at its Defender-Pine Crow tungsten project in Nevada after raising about £3.25 million (C$6 billion), with new CEO Ed Loye targeting…
Orion’s largest fundraising lifts total past $9B
Orion Resource Partners has completed the final close of its Mine Finance Fund IV at $2.2 billion, representing its biggest fundraising to date. Pension funds, sovereign wealth funds and other…
Chinese firm idles Canada’s only antimony mine
Canada’s only primary antimony mine, the Beaver Brook operation in Newfoundland and Labrador, has remained idle despite rising demand for the strategic metal, highlighting growing concerns over Western dependence on…
Collective shifts HQ to Miami, stays Canadian
Collective Mining (TSX: CNL; NYSE-A: CNL) is shifting its executive headquarters from Toronto to Miami as the Colombia-focused explorer seeks closer access to its operations and deeper United States capital…
Southern Cross drills antimony discovery in Australia
Drilling at Southern Cross Gold’s (TSX: SXGC; ASX: SX2; US-OTC: SXGCF) Sunday Creek project in Australia returned the strongest gold-antimony result yet at the Apollo target. Shares rose. Highlight hole…
US launches $500M boost to mineral processing
The U.S. Department of Energy (DOE) plans to provide up to $500 million in funding to expand domestic critical minerals processing and battery materials manufacturing and recycling, as Washington seeks…
Gold eyes second weekly loss, silver price drops further
Gold slipped below $5,100 an oz. on Friday, heading towards a second consecutive weekly drop, as high energy prices stemming from the Middle East war continue to drive high-interest expectations….
Open-pit gold miners most exposed to inflation: Jefferies
Gold miners with large open-pit operations could face the biggest margin pressure from the conflict in the Middle East as higher oil prices threaten to lift fuel and consumable costs…