Centamin set for £1.9bn takeover by gold mining giant Anglogold Ashanti September 10, 2024 The South African gold mining giant said Centamin was a "compelling strategic fit", highlighting the firm's Sukari mine in Egypt.
Gold hits record high on hopes of Fed rate cut August 20, 2024 The price of gold hit an all time high of $2,513.79 (£1,932.87) per ounce on Tuesday morning as investors hope the US central bank will cut interest rates. The surge in the price of the precious metal, a safe haven asset for investors due to its real world use cases and widely held intrinsic value, [...]
All that glitters is gold: Investors flock to safe haven bullion amid market turmoil August 9, 2024 Amid the market turmoil at the start of this week, retail investors flocked to the safe haven asset of gold as they wrongly feared stocks would continue to sink. Bullion trading on the Royal Mint’s website shot up by 336 per cent on Monday compared to the average throughout the year, with the numbers of [...]
Yellow fever: Central banks and private investors keep demand for gold buoyant July 30, 2024 Private investors and consistent demand from central banks where the two dominant behind the second quarter's consecutive all-time highs in the gold price an industry report has found.
UBS: Silver prices under pressure, but not for long July 29, 2024 Silver prices might be under pressure at the moment, but they should surge up in the next few months, UBS analysts have argued.
Fresnillo: ‘steady’ performance allows miner to maintain guidance July 24, 2024 Bumper lead and zinc output and improved access to higher grade areas has helped Mexican miner Fresnillo to maintain its full year guidance despite poor weather being a drag on the much of the area's mining sector.
Antofagasta: Output at FTSE 100 mining giant to disappoint July 17, 2024 Output at the Chilean mining conglomerate Antofagasta is likely to come in at the lower end of the firm's guidance in its full year results, the firm has said, despite copper production rising by 20 per cent between April and the end of June.
Bioscope: Cambridge biotech gold extractor firm eyes IPO May 29, 2024 Bioscope Technologies, which uses micro-organisms to draw out gold and precious metals, currently has a £12.8m turnover.
Gold price: what’s behind the safe haven’s latest rally? May 25, 2024 The price of gold - one of the ultimate safe haven assets - has risen nearly 30 per cent since August last year. What's behind the rally?
Ariana Resources to dual-list after merger with gold miner Rockover Holdings April 25, 2024 The merger is expected to be implemented by 28 June 2024.