Infographic: Surge in Gold Prices Increases Worth of World Cup Trophy
Adobe Stock image. In about four months’ time, the world’s biggest single sporting event will kick off. Billions of football (or soccer) fans will be glued in front of their TV screens and mobile devices as they soak up the drama and excitement of the FIFA World Cup and await the crowning of a new […]
Column: As Global Metals Frenzy Escalates, Markets Strain Under Pressure
Stock image. The word on the Chinese street is that metals are the next hot thing. All you need to join the bull party is an online trading account, a bit of cash for the initial margin and access to the right WeChat chatroom to meet like-minded punters. China’s metal exchanges have for two months […]
Wheaton Precious Metals Names Randy Smallwood as New CEO and Chair
Wheaton Precious Metals president and CEO, Randy Smallwood. Credit: Wheaton Precious Metals Wheaton Precious Metals announced Friday as part of the company’s strategic succession planning, current president Haytham Hodaly will succeed Randy Smallwood as chief executive officer, reflecting an ongoing leadership evolution to support the next phase of growth. After more than 15 years of leading the business, Smallwood will step down as […]
Chinese Trader Who Turned $3 Billion in Gold Profits Now Bets Big Against Silver
Stock image. A billionaire Chinese trader who made his name riding gold’s record-breaking rally has turned his sights to silver’s breakneck surge, with a bet on the metal’s collapse now worth almost $300 million. Bian Ximing, who avoids the limelight and spends much of his time in Gibraltar, has made nearly $3 billion from bullish […]
Alamos Gold Aims for 1 Million Ounces in Production by 2030
An aerial view of the Phase 3+ Island Gold expansion and Magino mine, both of which are part of the Island Gold district in Ontario. Credit: Alamos Gold. Alamos Gold (TSX, NYSE: AGI) predicted annual output will climb 46% by 2028 as expansion work at Ontario’s Island Gold District bears fruit and costs decrease. The […]
2026 Winter Olympics: Surge in Metal Prices Boosts Medal Value to Over $1.3 Million
With the 2026 Winter Olympics just days away, anticipation is building as the world prepares for another showcase of the elite winter sport. Around 3,500 athletes from more than 90 countries are set to travel to northern Italy and compete at Milano Cortina this month. The ultimate prize, of course, is the gold medal awarded […]
Chinese Speculators Prepare for a Gold and Silver Market Crash
Stock image. In the history of the silver market, prices had traded above $40 an ounce for only a handful of brief periods before last year. On Friday, exhausted traders watched in shock as the precious metal plunged by that much in less than 20 hours. For weeks, traders across the metals world have spent […]
Op-Ed: Upholding Bretton Woods Principles in Absence of Bretton Woods Politics
Stock image. Long before modern states claimed monopoly control over money, international trade depended on trusted systems that operated outside sovereign authority. In medieval Europe, merchants travelling between cities and kingdoms faced a familiar challenge. Transporting physical gold, much as today, was dangerous, inefficient, and vulnerable to theft, seizure, or political interference. In that environment, […]
Paulson Increases Stake in International Tower Hill Amid Alaska Gold Project Development
Work on the Livengood gold project in Alaska. Credit: International Tower Hill Mines International Tower Hill Mines (TSX: ITH, NYSE-AM: THM) tapped leading shareholder and hedge fund Paulson and Co. to raise a large chunk of its financing this week for the Livengood gold project in Alaska that’s also bolstered by rising prices for the […]
CHART: Friday Bloodbath for Mining Stocks, Yet Copper Prices Recover from Plunge
Stock image. Precious metals and copper prices plunged on Friday as investors took the nomination of a new Fed chair as an excuse to book profits on the metals which have rallied to record highs this week. Gold futures dropped as low as $4,700 an ounce before recovering some of those losses in afternoon trade […]