Two decades ago, Anglo American created the world’s No. 1 gold miner by merging its South African assets. Having long since been eclipsed by its rivals, AngloGold Ashanti may need to leave home to keep up. Newmont Mining and Barrick Gold have forged me…
AngloGold faces South African dilemma as M&A gold rush quickens Read More »
Gold mining veteran Rob McEwen is nothing if not optimistic.
The founder of Goldcorp is sticking with his bold prediction that the precious metal will soar almost fourfold to $5 000/oz, bolstered by a weaker dollar and waning demand for trendy assets …
Gold bull McEwen sticks with his $5 000 call as pot stocks peak Read More »
Global oil demand remains on course to be stronger this year than in 2018 as a boost from lower fuel prices counters slowing economic activity, according to the International Energy Agency. “We have seen prices fall very significantly since the peak at…
IEA sees oil demand growth defying economic slowdown for now Read More »
Palladium rocketed through $1 400/oz the first time, extending its precipitous rally despite signs that global vehicle sales are slowing.
The precious metal, primarily used in the auto industry for catalytic converters, has surged more than 65% since…
Palladium hurtles through $1 400 as breakneck rally continues Read More »
The Senate blocked a Democratic bid to force the Treasury Department to keep sanctions on three Russian companies linked to oligarch Oleg Deripaska, as most Republicans backed the Trump administration’s plan to lift the penalties.
The 57-42 Senate vo…
GOP senate backs end to sanctions on firms tied to Putin ally Read More »
Hudbay Minerals’s second-largest investor is seeking to oust the Toronto miner’s CEO and replace most of its board.
Waterton Global Resource Management will nominate eight new directors at Hudbay’s upcoming annual meeting with a slate that includes f…
Hudbay investor seeks to replace CEO and most of its board Read More »
Platinum could be the dark horse among precious metals, according to a money manager at Pacific Investment Management Co. Nic Johnson, Pimco’s managing director and portfolio manager for commodities, says he prefers the metal over gold. Used in autocat…
Pimco favours ‘unloved’ platinum that’s looking cheap to gold Read More »
The Senate advanced a resolution to block the Treasury Department from lifting sanctions on three Russian companies linked to oligarch Oleg Deripaska, with 11 Republicans aiding Democrats in a rare split with President Donald Trump.
The 57-42 vote to …
Senate advances measure to keep sanctions on Deripaska companies Read More »
The $15-billion flurry of deal-making that will super-size the gold industry’s leading producers is no guarantee of better performance, according to an Australian miner who’s been outpacing larger competitors.
Rising gold prices and a hunt to boost a…
Gold veteran says bigger may not be better as M&A blitz hits Read More »
Mexican mining-union leader and newly installed Senator Napoleon Gomez Urrutia is ready to take on companies that he says don’t pay enough taxes, pollute the environment and enjoy concessions he deems are too long. Mining shares tumbled.
An old foe of…
Mexico mining-union head turned senator reviewing contracts Read More »
