Fortune Minerals Limited (TSX:FT) (OTCQX:FTMDF) (Read full newsRead More
Broadway Gold Mining Ltd. (TSXV:BRD) (OTCQB:BDWYF) ("Broadway" or the "Company") is pleased to announce the discovery of a new soil geochemistry anomaly located 1.86 miles south of the Madison and Broadway mines situated on the same contact zone and in close proximity to the Silver Star Fault.Read full newsRead More
After the second interest rate hike of 2018 was announced, the price of gold remained just below the all-important US$1,300-per-ounce mark.Read full newsRead More
"Another week, another fire attack at a New Caledonia nickel mine. Worth noting that over 50% of #nickel mine supply comes from four high political-risk nations: Indonesia, Philippines, New Caledonia & Russia https://t.co/ppZDCnuPkZ"Read full newsRead More
What exactly is alluvial mining? Put simply, it's the mining of stream bed deposits (also known as alluvial deposits) for minerals.Read full newsRead More
Valcambi has entered into an agreement with Emergent Technology Holdings LP (Emergent) to use Emergent's blockchain technology to trace the provenance of gold from mines, to the refinery, and through to vaults.Emergent's mobile application scans chips in tamper proof seals to record the provenance of gold and the transfer of custody between participants on the gold supply chain. "Producing refi...Read More
Sunvest Minerals Corp (TSXV:SSS) (Read full newsRead More
(Bloomberg Opinion) - BP's latest Statistical Review of World Energy, released Wednesday, contains a chart that could leave environmentalists feeling somewhat flat (much like the lines):Coal's share of the world's electricity mix was about 38 percent in 1997, and in 2017 it was about ... 38 percent. Fossil fuels overall have actually increased their share, from 63 percent to 65 percent. Not exa...Read More
"Metal Bulletin reporting a new round of Chinese NPI closures due to environmental inspections, reducing output by 60 kt #nickel (annualized basis). Will the anticipated expansion of Chinese NPI production fizzle out? @BaseMetals https://t.co/Mo99PF3sV2"Read full newsRead More
June 14 (Reuters) - Canada agreed with the United States on Thursday that slow-moving talks to update NAFTA should continue although they did not set a date for the next round, a senior official said in remarks casting further doubt on the chances of a deal this year.Negotiations to modernize the North American Free Trade Agreement started last August and were initially scheduled to finish by the...Read More
BEIJING/WASHINGTON, June 14 (Reuters) - China urged the United States on Thursday to make a "wise choice" on trade, saying it was ready to respond in case Washington chose confrontation, as U.S. President Donald Trump prepares to decide whether to impose tariffs on Chinese goods.Trump is due to unveil revisions to his initial tariff list targeting $50 billion of Chinese goods on Friday. People fam...Read More
LUBUMBASHI, Democratic Republic of Congo, June 14 (Reuters) - Democratic Republic of Congo state miner Gecamines has called on its foreign partners to renegotiate the terms of joint ventures it considers to be unfair, its chairman said on Thursday.Heavily in debt and with dwindling output, Gecamines has long complained about its joint venture terms. It launched a contracts audit in 2016 and is now...Read More
NEW DELHI, June 14 (Reuters) - Vedanta Resources is considering options including lay-offs for some of the 2,000 employees of its iron ore business in southwest India that was shut down by a court, two sources said, as it struggles with a series of setbacks in the country.The Supreme Court in February cancelled all iron ore extraction permits in the southwestern state of Goa and ordered mining to...Read More
Gabriel Resources (TSX-V:GBU) lawsuit against Romania for $4.4 billion in alleged losses related to the company's stalled Rosia Montana gold and silver project, suffered a setback this week as the country told international arbitrators they can't hear the Canadian miner's claim.Romania's government said a recent, ground-breaking court decision had slammed the door on certain investment arbitration...Read More
TOKYO, June 14 (Reuters) - Sumitomo Metal Mining, Japan's biggest nickel smelter, expects a global nickel market deficit to widen to 88,000 tonnes this year, from 72,000 tonnes last year, amid solid demand for stainless steel and batteries, an official said on Thursday.Global demand for nickel is seen increasing by 7.3 percent in 2018 from last year to 2.298 million tonnes, while supply rises 6.8...Read More
JOHANNESBURG, June 14 (Reuters) - Sibanye-Stillwater has recovered the body of the fifth and final missing mine worker after a three-day search at its Kloof Ikamva gold mine in South Africa, the company said on Thursday.The five Sibanye workers killed went missing on Monday after entering an abandoned section of the mine near Johannesburg, the latest in a series of fatal incidents at the companies...Read More
Several workers who went missing Monday at a Sibanye Gold Ltd. mine in South Africa have been found dead, bringing the number of people killed at the company's operations this year to more than a dozen.Read full newsRead More
Mr. Jean Martineau reportsDYNACOR PRODUCES 6,902 OZ OF GOLD IN MAY 2018 Dynacor Gold Mines Inc. has released its May, 2018, gold production.Monthly production at the Veta Dorada plant in 2018 In May, 2018, the corporation produced 6,902 ounces of gold (6,205 ounces in May, 2017) at its Veta Dorada plant, which is similar to the production in the previous month. During the month of May, 7,985 metr...Read More
In theory, investors shouldn’t care about the price of a company’s stock. What matters more than anything is the market cap. It’s an error to think a stock is cheap simply because its share price is in the low single digits. And investors should use extra caution when searching through low-priced stocks. Oftentimes, stocks that have fallen to trading for just a couple bucks end u...Read More
Several workers who went missing Monday at a Sibanye Gold Ltd. mine in South Africa have been found dead, bringing the number of people killed at the company's operations this year to more than a dozen.Read full newsRead More