Top 50 Mining Companies Reach Historic $2 Trillion Valuation Milestone
At the end of the third quarter the MINING.COM TOP 50* ranking of the world’s most valuable miners had a combined market capitalization of just under $1.97 trillion, up nearly $700 billion so far in 2025 with most of the gains accumulated in the third quarter. The total stock market valuation of the world’s biggest […]
Analysts Suggest EU’s Ukraine Funding Initiative May Increase Central Bank Gold Purchases
Stock image. The European Commission’s proposal to tap frozen Russian state assets for financial aid to Ukraine is rattling some central banks, which could further accelerate gold purchases for storage outside Western jurisdictions, analysts say. The Commission’s plan would allow EU governments to use up to 185 billion euros ($214 billion) of Russian sovereign assets […]
Gold Price Reaches New All-Time High Above $4,100
Stock image. Gold prices notched another all-time high on Monday, crossing the $4,100-an-ounce mark for the first time, as renewed US-China trade tensions sent investors flocking to safe-haven assets. Spot gold rose as much as 2% to $4,103.05 per ounce, a sizeable rebound from Friday’s pullback. Meanwhile, US gold futures jumped by nearly 2.9% to […]
Turkey’s $500 Billion Gold Reserves Complicate Inflation Battle
Turkey central bank. Credit: Adobe Stock A rally in gold prices is lifting the wealth of Turkish households by billions of dollars, complicating the central bank’s efforts to rein in prices. Turks’ stock of gold outside the financial system, often called “under mattress gold,” is worth half a trillion dollars, according to central bank estimates. […]
TD Securities: Dollar Uncertainty Drives Rise in Gold, Silver, and Copper Prices
Gold, silver and copper prices are surging as global investors lose faith in the US dollar, driving a rush into hard assets, according to TD Securities. Gold burst through the $4,000 an ounce level this week, silver hit an all-time high, and copper surged toward $11,000 a tonne as investors fled risk and piled into hard assets. Behind the […]
Vietnam Liberates Its Gold Market, But Shoppers Hold Off as Prices Fall
Hanoi, Vietnam. Stock image. Along Hanoi’s busiest gold trading street, dozens of storefronts gleam with bullion bars and jewelry. On Friday, however, shopkeepers sat idly behind glass counters, waiting for customers as Vietnam ended its decades-long monopoly on bullion trade and production, the first major liberalization of the market in more than a decade. The […]
Argentina’s Mining Investment Stalls Ahead of Upcoming Midterm Elections
Political uncertainty ahead of Argentina’s October midterm elections is holding back investment decisions in the mining sector, the country’s main industry group said on Thursday, warning that instability and unclear policy signals are delaying project development. “No one is going to make any decisions these days. That’s crystal clear,” said Roberto Cacciola, president of the […]
Ariana Resources Approaches Production Phase at Tavsan Gold Mine
Tavşan gold mine. Credit: Özaltın Holding Ariana Resources (ASX: AA2) (AIM: AAU) soared after the Australian gold developer announced the imminent start of production at the Tavsan gold mine in Türkiye . In a press release Wednesday, Ariana confirmed that all operating permits have been secured for the heap-leach operation, with first gold production expected in […]
Investors Rush to Gold ETFs as Prices Hit Record Highs
Outsized flows into exchange-traded funds tracking gold have helped drive a spectacular rally that pushed bullion to record highs over the last month, analysts said. Spot gold prices hit another record of $3,990.85 per ounce on Tuesday, while US gold futures for December delivery edged above the $4,000 an ounce milestone. Some analysts cited the […]
G Mining Considers Decision on Guyana Gold Project This Month
The Oko West project is located in the Cuyuni mining district, some 95 km west of Georgetown. Photo credit: G Mining Ventures. G Mining Ventures (TSX: GMIN) said Monday it will decide this month whether to proceed with the Oko West project in Guyana after securing up to $537.5 million in development and construction financing. A $350 million revolving […]