Silver climbed to a one-week high as concerns about a global trade war fanned haven demand and the dollar weakened. Gold also advanced.
Massive investment flows into metals exchange-traded funds (ETFs) over the past two decades are the main reason miners are struggling to raise capital, an analyst told the world’s biggest mining conference.
Triple Flag Precious Metals (TSX: TFPM, NYSE: TFPM) has added two Peruvian assets to its portfolio with the acquisition of silver and gold streams on the Arcata and Azuca mines operated by Sierra Sun, a private mining group headquartered in Lima.
Harmony Gold, South Africa’s biggest gold producer by volume, will fund the construction of a new Australian copper mine using its own cash, the miner said on Tuesday, as its earnings jumped on a rally in gold prices.
The London Metal Exchange has announced updates to its electronic trading policies ahead of the rollout of “LMEselect v10,” its new trading platform, scheduled to go live on March 24.
Westhaven Gold has issued an updated preliminary economic assessment (PEA) for its Shovelnose property that showed an over 100% increase in its net present value, along with marginal improvements to the internal rate of return and payback.
Iron ore futures fell for a sixth straight session on Monday amid rising trade tensions between the US and top consumer China, outweighing upbeat Chinese manufacturing data.
Alkane Resources managing director Nic Earner sees a bright future in the company’s Tomingley gold mine in New South Wales.
After securing all necessary permitting approvals, Brightstar Resources is working towards producing first ore from its Fish underground mine within its Laverton Hub in Western Australia.
Shares of gold miners are soaring in the early months of 2025, as risks around inflation and geopolitics push analysts to ramp up their outlook for the precious metal, a classic haven asset.