Fed cuts rate by 0.5%, gold rises
The United States Federal Reserve lowered its benchmark interest rate by 50 basis points to a range of 4.75% to 5% on Wednesday as the majority of analysts expected. Gold…
Articles by Colin McClelland
Midnight Sun solves Zambian licence error
Midnight Sun Mining (TSXV: MMA) says the Zambian government admits making a mistake in June when it posted the rejection of an exploration licence renewal for the company’s main Solwezi copper…
Putin’s exports threat lifts uranium, nickel producers
Stocks in nickel and uranium producers gained this week when Russian President Vladimir Putin floated the idea of limiting metals exports, refueling geopolitics as a top risk, mining analysts said….
Site visit: Wildcat Resources fast-tracks ‘eye-watering’ Tabba Tabba lithium project to prefeasibility stage
Wildcat Resources (ASX: WC8) is already mapping a path to production at the Tabba Tabba lithium discovery in Western Australia’s Pilbara region it made only last year — even without…
McEwen’s strong shallow Grey Fox assays prep expansion bid in Timmins gold zone
McEwen Mining (TSX: MUX; NYSE: MUX) says drill results at its Grey Fox gold deposit bode well for developing the wider Fox complex of historical mines and exploration sites in northeast…
EV slump powers platinum supply deficit, miners say
The third-lowest platinum mining output this century can’t keep up with rising investment demand, jewelry and a sustained traditional car market using catalytic converters, according to an industry group. A…
Canada Nickel may net US$500M Ottawa loan for giant Crawford project
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) says a Canadian government agency might loan it US$500 million for its Crawford project in northern Ontario, which could become the world’s largest nickel-cobalt…
Arcadium Lithium suspends Mt. Cattlin in Australia
Arcadium Lithium (NYSE: ALTM; ASX LTM), one of the world’s largest producers of the battery metal, plans to idle its Mt. Cattlin spodumene mine in Australia next year in another step…
Thesis Gold boosts investment return at Lawyers-Ranch project in BC
A new study combining Thesis Gold’s (TSXV: TAU; US-OTC: THSGF) Ranch gold-silver project in British Columbia with Lawyers, acquired through its takeover of Benchmark Metals last year, shows a 35% post-tax…
Allied Gold inks decade-long deal with Mali junta
Allied Gold (TSX: AAUC) has signed a preliminary agreement with Mali for a 10-year permit on its Sadiola mine and production from the nearby Diba deposit while the military government…
Australian gold production declines as miners adapt to record prices
Australia, the largest gold producer after China, produced slightly less of the yellow metal in the 12 months to June 30 as miners adjusted strategies for record high prices even…
Editorial: Mining-powered rockets vs dockets
As we look in the waning days of summer to the United States’ Southwest in this edition, it strikes us that there’s been a staggering number of days that only…