Workers at Barrick Gold's (TSX, NYSE:ABX) Veladero mine in Argentina on Sunday embarked on an unplanned strike over better working conditions, but suspended the labour action 35 hours later as talks to end the dispute continue.A total of 2,500 were involved and a spokesperson for the union representing 1,500 members at the mine, Argentina's biggest gold operation, said workers "returned to work a...Read More
Jack Lifton, Founding Principal of Technology Metals Research, LLC, took the time to speak with SmallCapPower at Mines and Money New York, explaining how he believes recycling is essential to ensure adequate global cobalt supply, yet thinks cobalt could already be in a "death spiral."Read More
The silver miners stocks have been slowly grinding higher this year, but it has been a volatile ride. This sectors alternating surges and plunges have spawned outsized swings in sentiment, really distorting investors perceptions of the major silver miners.The silver miners' stocks have been slowly grinding higher this year, but it's been a volatile ride. This sector's alternating surges and plunge...Read More
Investing.com - Gold prices were little changed near a four-week high in European trade on Monday, as the latest ballistic missile test by North Korea supported safe-haven demand.Comex gold futures shed 60 cents, or less than 0.1%, to $1,267.47 a troy ounce by 3:00AM ET (0700GMT). Meanwhile, spot gold was at $1,267.59.Prices of the yellow metal ended Friday's session up almost 1%, after touching i...Read More
If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year.Three main aspects of the deci...Read More
If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year.Three main aspects of the deci...Read More
If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year.Three main aspects of the deci...Read More
If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year.Three main aspects of the deci...Read More
If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year.Three main aspects of the deci...Read More
If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year.Three main aspects of the deci...Read More
If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year.Three main aspects of the deci...Read More
If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can only embolden the already resurgent US tight oil industry which is on course to displace the 1 million b/d OPEC has cut within the year.Three main aspects of the deci...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.If success is measured in averting another looming supply glut and bolstering OPEC budget deficits, then the nine month extension of production cuts to March 2018 is a triumph of pragmatism.However, the firmer oil price we expect can...Read More
Investing.com - Gold prices rose to one-month highs on Friday as economic and political uncertainty underpinned safe haven demand for the precious metal.Gold for June delivery closed up 0.82% at $1,266.65 on the Comex division of the New York Mercantile Exchange. For the week, the precious metal was up 1.16%.Gold remained higher even as the dollar firmed up after data showing that the U.S. economy...Read More
by Danielle BochoveFrom Canada's Yukon to southern Patagonia, outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.The number of holes drilled at gold deposits has been rising steadily for more than a year, according to S&P Global Market Intelligence. And while early-stage exploration budgets haven't kept pace with spending at existing mines, prospecting hot sp...Read More
Silver futures prices moved higher again on Friday with July delivery contracts exchanging hands for $17.38 an ounce as the metal continues to claw back territory lost earlier this month. Silver is now up 8% since hitting its 2017 low on May 9.Only around 30% of annual supply comes from primary silver mines while more than a third is produced at lead/zinc mines operations and a further 20% from co...Read More
Chile's Codelco, the world's top copper miner, swung back to profit in first three months of the year, posting a pre-tax profit of $534 million for the period versus a loss logged a year ago, which is more than the $435 million the state-owned company earned in total last year.The copper giant cited improved metal prices - up about 18% in the last seven months - as one of the factors that contrib...Read More