News
U. S. Senators introduce bipartisan SILVER Act to expand precious metals vault network
5+ hour, 49+ min ago (415+ words) (Kitco News) - The global supply chain crisis, driven by the Iran war, continues to undermine broader financial markets and the global economy. Now, this uncertainty is prompting some U. S. politicians to look at strengthening their own nation's supply of critical monetary…...
Arafura approves $1. 6 billion rare earth project
22+ hour, 47+ min ago (427+ words) Arafura Rare Earths said on Thursday it had approved the development of its $1. 6 billion Nolans project in Australia's Northern Territory, which is set to be the country's third-biggest rare earths operation by the end of the decade. The project is…...
Gold SWOT: Equinox and Orla Mining have combined to create North America's new senior gold producer
4+ day, 4+ hour ago (394+ words) KITCO Gold SWOT: Equinox and Orla Mining have combined to create North America's new senior gold producer Frank Holmes is CEO and chief investment officer of U. S. Global Investors, Inc. , a boutique investment advisory firm based in San Antonio that manages…...
Foreign buyers fuel illegal mineral trade in Nigeria, watchdogs warn
6+ day, 22+ hour ago (273+ words) Nigeria is losing vast mineral revenues to a web of illegal trading networks dominated by foreign buyers, shell companies and armed criminal groups, a joint government-civil society report said, highlighting the scale of illicit activity in the sector. The report,…...
Zambia state investment firm keen to boost stakes in mines, CEO says
6+ day, 22+ hour ago (436+ words) Zambia's state investment company ZCCM Investments Holdings is keen to raise its minority stakes in mining assets, but any such increases would be on commercial terms and not through forced sales, CEO Kakenenwa Muyangwa said. African nations are taking steps…...
Copper near $6. 25 puts mine supply back in focus, says Neil Adshead
1+ week, 1+ hour ago (153+ words) KITCO Copper near $6. 25 puts mine supply back in focus, says Neil Adshead Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help…...
Zambia eases ban on sulphuric acid exports to Congo as stocks recover, minister says
1+ week, 15+ hour ago (385+ words) Zambia has cleared two copper producers to resume sulphuric acid exports to Democratic Republic of Congo, according to the country's trade minister, as the country eased curbs on the mining input. Smelters in Zambia " Africa's No. 2 producer of copper " generate…...
Gold Miner Agnico Eagle commits to spend $10. 2 billion in Ontario, Canada by 2030
1+ week, 19+ hour ago (75+ words) Detour Lake is Canada's "largest gold-producing mine, according to the "government "of Ontario statement. The investment in Detour Lake will be used to extend the life of "the "mine until "2054. These investments are expected to create up "to 1, 600 jobs and…...
Record gold cash flow highlights mining sector's growth challenge, Mazumdar says
1+ week, 2+ day ago (152+ words) KITCO Record gold cash flow highlights mining sector's growth challenge, Mazumdar says Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help…...
Equinox Gold acquires Orla Mining in $5. 1 billion consolidation, backed by Pierre Lassonde
1+ week, 2+ day ago (337+ words) KITCO Equinox Gold acquires Orla Mining in $5. 1 billion consolidation, backed by Pierre Lassonde Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to…...