Tag: investing news

The gold spot price hit a new all-time high on Tuesday (July 16), rising as high as US$2,469.30 per ounce. The yellow metal has been on a record-setting run this year, buoyed by strong demand from central banks, as well as a high level of buying from retail investors in Asia. It is now up...

Copper saw sinking prices toward the end of 2023, but things began to shift in early 2024 as treatment charges at Chinese refiners dropped to single digit lows causing some to cut production. This led to increased momentum in the price of copper as refined product supply became increasingly tight for consumers of the base...

Australia’s energy crisis has seen years of insufficient supply and surging prices that have led to government interventions. The country is getting serious about achieving long-term stability, and ensuring it has ongoing access to local energy from a variety of environmentally responsible sources. All of this added up to a perfect storm of insufficient supply...

HIGHLIGHTS Although this is not the highest priority within our portfolio (where the focus is on exploration targets for future facing minerals including copper at Tennant Creek, lithium at North Dam and niobium in the West Arunta), we will follow up with more mapping and sampling along strike to further test the potential and to...

Of the 14 million EVs sold in 2023, most new registrations were made in China, which came in at 60 percent. Meanwhile, Europe and the US accounted for 25 percent and 10 percent, respectively. During a panel discussion at the event titled “The Future of Demand: Are We in EV Winter?” participants highlighted several reasons...

Speaking at this year’s Rule Symposium, which ran from July 7 to 11, Rick Rule, proprietor at Rule Investment Media, shared his updated thoughts on the US economy, including whether a recession is on the horizon. In his view, it’s not guaranteed — he said investors may want to begin to expect one, but hope...

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The company produced 948,000 ounces of gold and 43,000 metric tons of copper during the period, with sales figures slightly higher at 956,000 ounces of gold and 42,000 metric tons of copper. These improvements offset planned lower production at Cortez and Phoenix. Meanwhile, the Pueblo Viejo mine’s production remained flat, although efforts to optimize recovery...

Australia’s energy crisis has seen years of insufficient supply and surging prices that have led to government interventions. The country is getting serious about achieving long-term stability, and ensuring it has ongoing access to local energy from a variety of environmentally responsible sources. All of this added up to a perfect storm of insufficient supply...

Anax’s Managing Director, Geoff Laing, commented “We continue to focus on project growth through the planned extension drilling at our high-grade Evelyn deposit in parallel to the Pilbara consolidation program. Our strategy remains to position Anax to become a significant copper producer and key player in consolidating base metal production in the Pilbara.” In mid-2022,...