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    Newmont to start building US$1bn Suriname Gold project

Newmont to start building US$1bn Suriname Gold project

US-based Newmont Mining plans to begin construction work at its US$1bn Merian gold project in Suriname in the coming weeks after receiving a government permit, CEO Gary Goldberg said. The company’s decision to sell

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    Palladium advances toward 13-year high

Palladium advances toward 13-year high

Palladium rose toward the highest level in more than 13 years as prospects of further sanctions against Russia increased concern that supplies from the largest producer may be disrupted. Gold

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    Gold extends losses on Dollar strength

Gold extends losses on Dollar strength

Gold prices extended their losses on Wednesday as the dollar strengthened and traders mulled the Federal Reserve‘s policy statement. Gold for December delivery, the most active contract, was recently down

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Russian firms to develop $3 bln Zimbabwe Platinum mine

  Russian firms to develop $3 bln Zimbabwe Platinum mine

A Russian consortium including arms conglomerate Rostec have partnered to develop a $3 billion platinum mining project in Zimbabwe, the

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Precious metals ETFs dull ahead of Fed meeting

  Precious metals ETFs dull ahead of Fed meeting

Precious metals-related exchange traded funds are under pressure ahead of the Federal Reserve’s meeting this week, with speculators driving up

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Gold rises before Fed as the Dollar weakens

  Gold rises before Fed as the Dollar weakens

Gold rose on Tuesday as a weaker dollar and rallying crude oil prices prompted bullion investors to cover bearish bets

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African Barrick to drop parent’s name in ‘Rebranding’

  African Barrick to drop parent’s name in ‘Rebranding’

African Barrick Gold Plc (ABG), a mining company majority-owned by Canada’s Barrick Gold Corp. (ABX), said it will drop its

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Platinum price continues downward trend

  Platinum price continues downward trend

As platinum continues its downward trend, investors are wondering how low the precious metal can go. The gray-white metal reached

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