Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

2018 has been rough on Gold Miners, as they've declined a large percentage. The decline has this key ratio testing dual support to start off the week.This chart looks at the GDXJ/GDX ratio (Junior Miners/Senior Miners) over the past 8-years. If you are bullish miners, you prefer to see this ratio moving higher.The decline this year has the ratio testing the bottom of its 2-year trading range and r...Read More

Published9:22PM ET Sun,2 Dec 2018Updated 3:37PM ET Mon,3 Dec 2018Reuters Simon Dawson | Bloomberg | Getty ImagesGold will continue to shine amid a weak dollar, says author and gold pro Jim Rickards.Gold gained one percent on Monday, hitting its highest in more than three weeks, boosted by a sell-off in the dollar after the United States and China called a truce on fresh trade tariffs for 90 day...Read More

Investing.com - Gold prices rose on Monday in Asia while the dollar dropped after news that the U.S. and China agreed to put any new tariffs on hold for 90 days.Gold futures for February delivery on the?EUR?Comex?EUR?division of the New York Mercantile?EUR?Exchange traded 0.25% higher at?EUR?$1,229.10?EUR?a troy ounce by?EUR?10:24 PM ET (03:24 GMT).?EUR?The precious metal has gained momentum since...Read More

   •  USD weakens across the board on US-China trade truce and helped regain traction.   •  Bullish traders seemed rather unaffected by a fresh wave of the global risk-on trade.   •  Fed rate hike expectations fail to hinder the momentum ahead of US data/Fedspeaks. Gold regained positive traction at the start of a new trading week and cli...Read More

BRITISH COLUMBIA - Vancouver's Taseko Mining has made an all-share offer for Yellowhead Mining of Calgary that values the smaller company at $15.1 million. Taseko proposes to acquire all the issued and outstanding Yellowhead shares by issuing approximately 1.15 Taseko shares for each share of Yellowhead.Yellowhead is the owner of the Harper Creek copper-gold-silver project about 90 km from Kamloop...Read More

WOLFSBURG - Volkswagen's strategy chief said on Tuesday the German carmaker's core brand will develop its final generation of vehicles using combustion engine technology in 2026.Volkswagen made a strategy shift toward battery-driven vehicles in the wake of a damaging diesel-emissions cheating scandal in 2015, which forced the carmaker to pay more than 27 billion euros in fines for hiding excessive...Read More

BELGRADE - Serbia's mining industry could expand to 5 percent of national output by 2023 if foreign investors keep commitments to plough millions of dollars into copper and lithium production, its mining minister said.The sector currently accounts for 1 percent of Serbia's gross domestic product. But since 2000, when a decade of isolation of the former Yugoslavia ended, more than 40 foreign compan...Read More

Ivan Glasenberg said there will be a generational shift at the top of Glencore Plc over the next few years, suggesting a period of upheaval for the world's largest commodity trader that's unprecedented in its short history as a public company.Glasenberg said he's actively looking for the next chief executive and plans to retire in the next three to five years. He also announced the retirement of t...Read More

The global hunt for high-quality, low-risk copper assets that are ready for construction is about to get tougher after Teck Resources Ltd. sells a stake in one of the few deals available.Sumitomo Corp. and Sumitomo Metal Mining Co. agreed to pay $1.2 billion for 30 percent of the Compa??ia Minera Teck Quebrada Blanca SA project in northern Chile. The mine, which will require an estimated investmen...Read More

The Peruvian Ministry of Energy and Mines' latest statistical report reveals that, in the 10th month of the year, the country's gold output fell by 6.3% when compared to October of 2017. This, despite the fact that Minera Yanacocha, which is the main producer of the yellow metal, grew its output by 8.1%.Copper production, on the other hand, fell by 3.8% in October when compared to the previous yea...Read More

Following a very detailed process, Miramont Resources (CSE: MONT) finally received a drilling permit for its Cerro Hermoso project in southern Peru. The permit was granted after a series of assessments conducted by the Peruvian Ministry of Energy and Mines -known as MEM- to determine if Indigenous groups could be affected by the Canadian miner's activities. "We are very happy to begin our drill pr...Read More

Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, has chosen Japan's Sumitomo as partner to go ahead with a planned $4.8 billion expansion of the Quebrada Blanca copper mine in northern Chile.Sumitomo Metal Mining and Sumitomo Corporation will pay $1.2 billion to Teck for a 30% stake in the Quebrada Blanca Phase 2 project - $800 million earn-in contribution and...Read More

Source: BloombergRelief that an escalation in the trade war between the US and China has been avoided - at least for now - sparked a huge rally in mining stocks on Monday.Gold closed at a one-month high just shy of $1,240 an ounce, iron ore continued to climb from recent lows above $66 a tonne and while the rally in the price of copper had fizzled out by afternoon trading, it did not stop investor...Read More

Glencore Plc is updating investors Monday as the world's biggest commodities trader nears the end of a tough year. The company's faced challenges spanning the Democratic Republic of Congo to Russia and a U.S. Department of Justice probe that have weighed on its shares. There comes a time where the younger generation needs to take over - Ivan Glasenburg.Here are the latest developments, to be upda...Read More

BEIJING - Premiums for imports of copper into China, the world's biggest copper consumer, sank to an 18-month low on Monday in a sign that demand for physical metal is waning after a buying spree.The premiums, paid on top of benchmark three-month London Metal Exchange (LME) prices, fell 10.7 percent from Friday's levels to $62.50 a tonne, the lowest since June 2017. China imposing a 25% tariff on...Read More

LONDON - Is it a ceasefire, a truce or the opening to a lasting peace deal?The jury is very much out on exactly what Presidents Donald Trump and Xi Jinping agreed during their talks at the G20 summit in Buenos Aires. But for industrial metals it's enough.The London Metal Exchange (LME) suite of base metals is today enjoying a relief rally after weeks of bludgeoning from bearish funds.Speculators h...Read More

Shares in Canada's Nautilus Minerals (TSX:NUS), one of the world's first seafloor miners, climbed more than 10% on Monday as the company disclosed is negotiating the terms of an agreement with arm's length third parties that would involve the creation of a joint venture company.The purpose of the new firm, Nautilus said, would be to fund the acquisition of the Production Support Vessel (PSV) that...Read More

KINSHASA - Congo's Gecamines said on Monday it had signed a production-sharing deal for copper and cobalt deposits with HongKong Excellen Mining, which will pay a $40 million signing bonus.Democratic Republic of Congo is Africa's top copper producer and the leading miner of cobalt, which is used for electric car batteries, but remains one of the world's poorest countries.Congo's state mining compa...Read More

North Vancouver/Stockholm-based Boreal Metals (TSXV:BMX) announced today it has completed seven diamond drill holes totalling 951 metres of exploratory diamond drill program at its Burfjord copper-gold project in Norway. In a press release, the miner said that assay results are expected in the coming weeks. The Burfjord project is comprised of six exploration licenses totaling 5,500 hectares near...Read More

Miner and commodities trader Glencore (LON:GLEN) is letting go its head of copper trading, Telis Mistakidis, by the end of this year, as the executive has recently been under increased scrutiny following a string of investigations, problems and legal headaches in the Democratic Republic of Congo.The 56-year-old, known to everyone simply as "Telis" is one of the world's most powerful commoditie...Read More