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U.S. consumer inflation muted; labor market tightening

U.S. consumer inflation muted; labor market tightening

(Reuters) - U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions. A strong labor...

Iamgold sale stalls as Chinese bidders’ talks fail

The sale of Iamgold Corp. has stalled after the mid-tier Canadian gold miner failed to reach an agreement with several Chinese suitors, people with knowledge of the matter said. Chinese gold producers including China National Gold Group Corp., Shandong Gold Mining Co....
Peñasquito blockade lifted, operations still suspended

Peñasquito blockade lifted, operations still suspended

Newmont Goldcorp confirmed on Wednesday the lifting of an almost four-week illegal blockade affecting its Peñasquito gold-silver mine in Mexico, which will cost the operation thousands of tonnes in terms of lost output. The world’s No. 1 gold miner said operations...
M3 Metals to acquire Mohave Mine in Arizona

M3 Metals to acquire Mohave Mine in Arizona

M3 Metals secured an option from two separate vendors to acquire a 100% right, title and interest in the Mohave Mine gold project in the US state of Arizona. The project is comprised of 160 claims including lode claims and mill-site claims. According to M3, it covers...
Commodity Evolution
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