CAPITAL MARKETS

Gold below $1,800/oz, uranium above $40/lb

Bitcoin drops

Staff reporter

This article is 4 years old. Images might not display.

Copper closed down more than 1% in London to $9,330.90 per tonne and gold was worth $1,798/oz at the time of writing.

However uranium continued its upward trajectory, gaining about 3.5% to $40.05/lb.

Bitcoin dropped more than 10%, the same day El Salvador adopted the cryptocurrency as legal tender.

Canada-based uranium producer Cameco shot up more than 7% in Toronto as North America returned from the Labour Day break.

Elsewhere, it was generally a muted day for resources stocks.

Junior Westhaven Gold (TSXV: WHN) fell 7.4% after announcing results including 118m at 0.71g/t gold at its Shovelnose project in British Columbia.

Among the majors, Glencore closed down 0.19% in London and Freeport-McMoRan rose 0.61% in New York.

BHP was down almost 0.9% in morning Australian trade.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.

editions

Project Pipeline Index 2025

View our 50 top mining projects, handpicked using a unique, objective selection process from an expanded database of 600+ global assets.