Digital gold could bring $95 billion (C$135 billion) in new money into bullion by 2031 if providers can win investors’ trust, the World Gold Council and Boston Consulting Group estimate. A joint report released Monday projects the market for digital gold, which lets investors own physical bullion through digital tokens or online accounts while a custodian stores the metal, could …
Continue ReadingCanadian critical minerals companies will need to consider how they raise foreign capital as Ottawa prepares to implement new Investment Canada Act rules that will require certain types of minority investments into a mandatory pre-closing filing regime. The changes could have particular consequences for miners and developers that rely on strategic investors to finance exploration, feasibility work, and project development, …
Continue ReadingChicago-headquartered CME Group on Monday said it will launch tungsten futures to meet rising demand for its metals complex, which registered record volume this year. The contracts are expected to begin trading in early 2027, pending relevant regulatory approvals, CME said in a statement. With annual production of 85 000 to 95 000 metric tons, the global tungsten market is …
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