The Global Precious Metals MMI…
Gold prices have risen as…
Gold’s mega rally took another upturn on Tuesday as it surpassed another major hurdle at $2,000 per ounce. Spot gold advanced 1.4% to $2,004.97 per ounce by 3:20 p.m. EDT,…
Gold prices edged higher on Friday as the worsening covid-19 pandemic continues to stifle the global economy. Spot gold rose 11% for the month of July,…
US oil and gas pipelines have hit yet another snag, leaving crude prices in limbo for the time being.
Gold miners’ stocks rocketed out of mid-March’s stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks’ upleg stalling out since, have left…
Breakthrough deal in the Tanzania gold sector late last week. With major miner Barrick agreeing to pay the government $300 million and surrender a 16 percent stake in operations in order…
Mali’s gold exports are falling, and new discoveries aren’t enough to make up for the loss of its giant legacy mines, where production is already dead or winding down, and…
I wrote yesterday about the collapse of mining in key African gold nation Tanzania. And today, emerging news shows another major gold producer entering crisis. South Africa. The dire warning on…
The gold price has been showing strength this past week. Once again pushing toward $1,300 per ounce. And news from one of the world’s key producing countries may help support…
The Philippines government said this week it is trying to repair its damaged mining sector. With officials stating they will review all policies implemented by former environment secretary Regina Lopez…
Lots of updates this week to recent stories. With Glencore upping a bid for Rio Tinto’s Australia coal assets, and Tanzanian police arresting dozens after villagers stormed gold mines…
Further to the last item above, things are looking ever-tougher for the South African mining sector. As I’ve discussed in the past, the fall of South Africa over the last…
Key Africa gold nation Tanzania stepped up its fight against miners this week. Accusing Barrick Gold-backed Acacia Mining of operating illegally in the country — as well as…
I’ve been writing a lot the last several months about the new South Africa mining charter. And this week, that issue is coming to a head — just as some…
Things are getting serious in one of Africa’s top gold nations. With the national government stepping up a fight that’s already cost local miners billions in market valuation. The place…
It’s been a solid year for gold buying in India. With demand in the world’s top-consuming nation rebounding after a series of political setbacks in 2016. But reports this past…
I wrote a few weeks ago about the lack of knowledge around China’s gold mining sector. But this past week, a new report from within the country provided a…
Small-scale mining is a growing issue across Africa. With regulators in Ghana this week making their first moves to shut down artisanal operations — part of an emerging campaign…
Potentially major development in the gold space this week. With one of the world’s go-to producing nations apparently going through a regulatory upheaval — which could affect new projects and…
Sentiment has turned up in the gold market the last few weeks. And new data from the world’s top consuming center — India — shows there may indeed be cause…
Mining analysts MinEx Consulting released an interesting study on global exploration last week. Showing that China is by far the world’s largest spender on mineral exploration — but that discoveries…