Hot News in this Week

Aug 15, 2025

Orla Mining announced that the US Bureau of Land Management has started the federal environmental impact process for its South Railroad gold project in Nevada, which is expected to receive all required state and federal permits within 12 months and could lead to first gold production in early 2028. The company is also working on updating the mineral resource, reserve estimate, and feasibility study for the South Carlin Complex, which covers 250 square kilometers on Nevada's Carlin Trend and offers potential for resource growth and new discoveries. Additionally, Orla reported strong exploration results from Camino Rojo's Zone 22, including high-grade intercepts outside current resource panels, and plans to add more drilling in the second half of the year.
Source: www.mining.com

Gold prices declined on Thursday after hotter-than-expected US inflation data and a drop in jobless claims reduced the likelihood of a large rate cut next month, with spot gold falling 0.3% to $3,344 an ounce and US gold futures down 0.4% to $3,394 an ounce. According to Saxo Bank's head of commodity strategy, Ole Hansen, the stronger-than-expected US PPI print may lower rate cut hopes as it feeds into a higher Core PCE inflation print for July, which could keep the Federal Reserve cautious on rate cuts. Despite earlier calls for aggressive rate cutting from Treasury Secretary Scott Bessent, traders are now leaning towards a quarter-point move next month, with another cut in October, reinforcing comments from Fed's Mary Daly that such a large cut is not needed.
Source: www.mining.com

Lithium prices soared on Monday after China's largest battery manufacturer CATL shut down operations at one of China's largest lithium mines due to license expiration, with prices reaching a daily limit on the Guangzhou Futures Exchange and spot market prices increasing by 3% in China, fueling a global rally in lithium-related equities with Tianqi Lithium Corp. and Ganfeng Lithium Group Co. surging up to 19% and 21%, respectively.
Source: www.miningfeeds.com

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