UBS says buy gold miners Endevour, Barrick and Franco-Nevada Investing Gold prices hit a new high of $3,127 (£2,416) earlier today, taking gains over the past week to 3.2 per cent as investors flocked to the safe haven amid increasing concern about the economic risks of US president Donald Trump’s tariffs. However, analysts at UBS have argued that miners, not gold, are the better buy. [...]
Weir Group wins £53m Pakistan copper mining tech contract from Barrick Energy Mining specialist Weir Group has won a £53m contract for the Reko Diq copper-gold project, a 50 per cent owned greenfield development by Barrick. Located in Pakistan’s province of Balochistan, the copper project is targeting first production in 2028 with an estimated mine life of over 40 years. During the first phase of the project, [...]
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