Central banks, de-risking investors power gold price
Central bank buying and investors diversifying away from record stock markets are driving the price of gold to new highs, analysts say. The spot price of gold fell US$26.66 an…
United States
Video: Argo Digital Gold aims to shake up retail physical metal access
A new investment platform called Argo Digital Gold, backed by the Sprott Family and SCP Resource Finance chair Peter Grosskopf, launched last month to transform how investors interact with gold,…
Video: AI to bolster VRIFY platform, CEO says
Exploration tech company VRIFY has introduced artificial intelligence ability to analyze mining companies’ data more efficiently, says co-founder and CEO Steve de Jong. Since its launch in 2016, the platform…
Revival adds second US gold project with $21.9M deal for Ensign Minerals
Revival Gold (TSXV: RVG, US-OTC: RVLGF) is buying privately held exploration company Ensign Minerals in an all-stock deal worth $21.9 million, giving it a second gold asset in the United…
Video: EY analyst warns of industry’s ESG mistrust
The mining industry is re-evaluating environmental, social and governance (ESG) demands due to their perceived burden at odds with prime business goals, says EY Canada’s mining and metals sector leader,…
I-80 Gold stock drops on $100M public offering
I-80 Gold (TSX: IAU; NYSE: IAUX) shares fell by over 11% at market open Tuesday after it announced a $100-million equity financing. The units are priced at $1.65 each, comprising…
Graphjet Technology to build agricultural waste-to-graphite plant in Nevada
Malaysia-headquartered Graphjet Technology says it plans to build a commercial artificial graphite production facility in Nevada. The company develops technologies to produce graphite and graphene directly from agricultural waste. This…
TNM Drill Down: Nevada King Gold scores best assay
Our TNM Drill Down features highlights of the best gold assays of the March 29 – April 5 period. Drill holes are ranked by gold grade x width as identified…
Perpetua tapped for US$1.8B loan to develop gold-antimony mine in Idaho
Perpetua Resources (TSX: PPTA; NASDAQ: PPTA) has received a letter of interest from the Export-Import Bank of the United States (EXIM) for a potential debt financing of up to US$1.8…
Rio Tinto promotes copper boss Bold Baatar to commercial chief
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has promoted copper executive Bold Baatar to the post of chief commercial officer, in a move deemed by analysts as a clear…
Video: American Pacific Mining’s Palmer project pivot pays off
Cashed-up American Pacific Mining (CSE: USGD; US-OTC: USGDF) is preparing for an active drilling season this year at its Palmer base metals project in Alaska and the Madison copper-gold project…
Glencore backs EVelution Energy’s cobalt plant plans
Mining and commodities trader giant Glencore (LSE: GLEN) has agreed to supply up to 7,000 tonnes of contained cobalt per year to U.S.-based EVelution Energy as a way to support…