Vale is the nickel king based on 2017 production totals.Vale produced 242 kilotonnes of nickel in 2017. Norilsk Nickel was second having produced 163 kilotonnes.Note, this is nickel just derived from mines. Total excludes nickel provided by external parties.Nickel, a key metal for lithium-ion batteries and part of the electrification drive, was on a tear for most of 2018 but has recently fallen t...Read More
LONDON, Sept 18 (Reuters) - Nickel has finally succumbed to the base metals price rout.It is still the best year-to-date performer among the core six metals traded on the London Metal Exchange (LME).But at a current $12,400 per tonne, LME three-month metal is, like the rest of the pack, now trading below year-start levels.The excitement around the potential boost to nickel demand from its use in...Read More
(MENAFN - Emirates News Agency (WAM))by Hatem Hussein ABU DHABI, 18th September, 2018 (WAM) -- The Middle East and North Africa region is a goldRead full newsRead More
Gold mining ETFs have picked up over the past week led by a surge in demand from India and lower trade tensions.Read full newsRead More
Rescuers are resuming work to find people feared trapped by a landslide in a Philippine gold-mining area that was pounded by wind and rain from Typhoon Mangkhut. Read full newsRead More
Canadian miner RNC Minerals recovered a 43-kg specimen stone containing an estim...Read full newsRead More
GABORONE, Sept 18 (Reuters) - Botswana's economy is expected to expand by 4.5 percent this year, down from an estimate in February of 5.3 percent, the finance ministry said on Tuesday at a 2019 budget conference.A senior official in the diamond-producing southern African nation's economy said the government expects an optimistic medium-term outlook, with growth forecasts expected to rise moder...Read More
LONDON, Sept 18 (Reuters) - Precious metals producer Sibanye-Stillwater said on Tuesday it remained fully committed to a takeover of platinum miner Lonmin after South Africa's competition watchdog imposed conditions on the deal. Given the positive recommendation by the commission it mostly looks like a done deal.On Monday, the competition watchdog gave the green light to the all-share tr...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD LONE STAR ZONE ASSAYS 1.08 G/T AU OVER 38.4 METERS AND 0.69 G/T AU OVER 79.45 METERS Klondike Gold Corp. has released assays from another six drill holes at the Lone Star zone, part of a systematic evaluation designed to map the geometry of mineralization across the central one-kilometre portion of the zone, at the company's wholly owned Klondike District pro...Read More
"Why Lena Gold-Mining Public Joint Stock Company Lenzoloto's (MCX:LNZL) ROE Of 3.3% Does Not Tell The Whole Story https://t.co/8x7wd8chXz"Read full newsRead More
Volkswagen has announced a major push to manufacture millions of reasonably-priced, all-electric cars.Read full newsRead More
Major dangles more investment if the government cuts corporate taxesRead full newsRead More
GUATEMALA CITY, Sept 17 (Reuters) - The Guatemalan unit of U.S. miner Tahoe Resources Inc laid off an additional 169 workers on Monday, two weeks after the country's top court kept in place a more than 14-month suspension of operations at the company's Escobal silver mine.The layoffs at Minera San Rafael, Tahoe's local unit, now total 872 employees since the company's property was forced to halt o...Read More
(Bloomberg) - Metallon Corp. is considering paying mining-equipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand output, Chief Executive Officer Mzi Khumalo said.Zimbabwe, which abandoned its own currency in 2009 because of hyperinflation, has faced cash shortages for at least the past two years as businesses and individuals moved money offshore and the imp...Read More
(Bloomberg) - Rising U.S.- China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion, according to the world's biggest mining company.The confrontation between the world's top two economies, "along with an increasingly unpredictable policy formation process" in some nations, serves to reduce consumer confidence and business certa...Read More
Mr. Derek White reportsDRILLING AT ASCOT'S PREMIER PROPERTY EXTENDS GOLD MINERALIZATION 150 METRES WEST TOWARDS UNDERGROUND PORTALDrilling to the west of the 602 and 609 zones at Ascot Resources Ltd.'s Premier property has extended mineralization 150 metres from the resource area (see news release of May 10, 2018). Drilling at Big Missouri continues to add high-grade gold intercepts. Highlights o...Read More
Mr. Jeffrey Pontius reportsCORVUS GOLD ANNOUNCES MAIDEN RESOURCE FOR MOTHER LODE DEPOSIT, NEVADACorvus Gold Inc. has released maiden mineral resource estimations incorporating all drill results from the phase 1 and 2 drill programs at its 100-per-cent-owned Mother Lode project (MLP).This initial mineral resource remains open in several directions and Corvus is currently engaged in its phase 3 dril...Read More
Mr. Murray Payne reportsDYNACERT ANNOUNCES BROKERED PRIVATE PLACEMENT DynaCERT Inc. has signed an engagement letter with PI Financial Corp., whereby PI Financial will act as lead agent on its own behalf and, if applicable, on behalf of a syndicate of agents for a private placement offering of up to $3-million of units on a best efforts basis, subject to certain conditions stipulated in the engagem...Read More
World's largest miner BHP Billiton (ASX, NYSE:BHP) (LON:BLT) is rolling out the second phase of a $10 million rebranding campaign launched last year, which may see it become dropping "Billiton" from its name an attempt to emphasize its Australian roots.Documents released Tuesday to the Australian Securities Exchange, show the miner will ask shareholders at the annual meeting in October to vote...Read More
Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) long-dragged issues in Greece, where the miner has been trying to advance two major gold projects for years, are about to grow as the company is asking the government for ?,?750 million (about $877m) in compensation for damages.The Vancouver-based firm said its application for payment is a non-judicial request, which does not initiate legal proceedings....Read More