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The Gold Market In 2017

January 11, 2018 / seekingalpha.com

Summary of 2017 in the gold market from the perspective of its fundamentals.Main drivers of the gold prices.Investment conclusions for 2018.So another year has passed. How quickly it happened! But we hope that you did not get bored, and instead took time to learn more about the fascinating gold market. At first glance, 2017 seems to have been a dull period for the yellow metal, as it was traded wi...Read More

Rio Tinto Drops out of Bidding for Chilean Lithium Producer -Bloomberg

January 11, 2018 / www.4-traders.com

--Rio Tinto has dropped out of the bidding for a stake in Sociedad Quimica y Minera de Chile, one of the world's top lithium producers, as it pursues other ways to capitalize on the electric-car boom, Bloomberg reports, citing unnamed sources. --Rio decided not to proceed with an offer for Nutrien Ltd.'s 32% stake in Santiago-based SQM--worth about $5 billion at current market prices--after conduc...Read More

Rio Tinto pulls offer for stake in world's largest lithium miner

January 11, 2018 / www.mining.com

Global miner Rio Tinto (ASX, LON:RIO) is said to have ditched plans to own a stake in Chile's Chemical and Mining Society (SQM), the world's largest lithium producer, due to a mix of tricky politics and the fact that such miner is currently the target of several claims.Chilean authorities accuse SQM of underpaying royalties, environmental violations and illicit political financing, which have ma...Read More

Rio Tinto pulls offer for stake in world's largest lithium miner

January 11, 2018 / www.mining.com

Global miner Rio Tinto (ASX, LON:RIO) is said to have ditched plans to own a stake in Chile's Chemical and Mining Society (SQM), the world's largest lithium producer, due to a mix of tricky politics and the fact that such miner is currently the target of several claims.Chilean authorities accuse SQM of underpaying royalties, environmental violations and illicit political financing, which have ma...Read More

Canada Zinc optionees earn 51% of Pie, Cirque, Yuen

January 11, 2018 / www.stockwatch.com

Mr. Peeyush Varshney reportsCANADA ZINC METALS ANNOUNCES COMPLETION OF INITIAL EARN-IN ON THE PIE OPTION PROPERTIESTeck Resources Ltd. and Korea Zinc Co. Ltd. have delivered to Canada Zinc Metals Corp. an exercise notice regarding the optionees' first option on the Pie, Yuen and Cirque East properties. Background The Pie, Yuen and Cirque East properties are the subject of an option agreement conc...Read More

Canada Zinc optionees earn 51% of Pie, Cirque, Yuen

January 11, 2018 / www.stockwatch.com

Mr. Peeyush Varshney reportsCANADA ZINC METALS ANNOUNCES COMPLETION OF INITIAL EARN-IN ON THE PIE OPTION PROPERTIESTeck Resources Ltd. and Korea Zinc Co. Ltd. have delivered to Canada Zinc Metals Corp. an exercise notice regarding the optionees' first option on the Pie, Yuen and Cirque East properties. Background The Pie, Yuen and Cirque East properties are the subject of an option agreement conc...Read More

Northern Empire drills 5.3m of 16.52 g/t Au at Sterling

January 11, 2018 / www.stockwatch.com

Mr. MichaelAllen reports5.30 METRES OF 16.52 G/T GOLD DRILLED AT NORTHERN EMPIRE'S STERLING MINENorthern Empire Resources Corp. has released results of three diamond drill holes recently completed at the Sterling mine, located within Northern Empire's 125-square-kilometre Sterling gold project in Nye county, Nevada.Michael G. Allen, president, chief executive officer and director, stated: "We cont...Read More

Northern Empire drills 5.3m of 16.52 g/t Au at Sterling

January 11, 2018 / www.stockwatch.com

Mr. MichaelAllen reports5.30 METRES OF 16.52 G/T GOLD DRILLED AT NORTHERN EMPIRE'S STERLING MINENorthern Empire Resources Corp. has released results of three diamond drill holes recently completed at the Sterling mine, located within Northern Empire's 125-square-kilometre Sterling gold project in Nye county, Nevada.Michael G. Allen, president, chief executive officer and director, stated: "We cont...Read More

Botswana's Okavango posts record diamond sales at $567 million

January 11, 2018 / www.mining.com

Botswana's Okavango Diamond Company (ODC) posted a 4 percent jump in sales to $567 million in 2017, the highest annual sales since its formation in 2013, the company said on Thursday.The state-owned company sold 3.41 carats of diamonds in 2017, managing director Marcus ter Haar told Reuters, adding that the year was characterised by healthy demand and prices in the first half, weakening from July...Read More

BHP is building an EV hub it doesn't want to keep

January 11, 2018 / www.mining.com

(Bloomberg) - Electric vehicles could hold the key to BHP Billiton Ltd. finally finding a buyer for its unwanted nickel operations.The world's top miner is accelerating plans to transform Nickel West in Western Australia into a linchpin of the global supply chain for electric vehicle batteries. The switch in focus promises to woo new suitors after an aborted 2014 attempt to sell the business, a su...Read More

RT @Breakingviews: China is stuck in a petroleum Catch-22, says @ClaraMarquesRTR

January 11, 2018 / reut.rs

A yuan crude futures contract could finally launch in Shanghai early this year, as the world's largest importer tries to shake up a market dominated by London and New York. A new benchmark is within reach, but clear-cut success will require the unthinkable: embracing the dollar.Read full newsRead More

RT @BusinessTimes: Trump says US could 'conceivably' return to Paris climate deal

January 11, 2018 / bit.ly

[WASHINGTON] President Donald Trump said on Wednesday that the United States couldRead full newsRead More

RT @Reuters: Ford sued by truck owners alleging diesel emissions cheating

January 11, 2018 / reut.rs

Ford Motor Co installed software that enabled its F-250 and F-350 Super Duty trucks to cheat at passing federal emissions tests, according to a lawsuit by truck owners filed on Wednesday, a claim the No. 2 U.S. automaker described asRead full newsRead More

Alrosa 2017 sales fall to $4.3bn on lower average price for rough diamonds

January 11, 2018 / www.mining.com

Russian miner Alrosa (MCX:ALRS), the world's top diamond producer by output, saw 2017 sales fall to $4.3 billion, from $4.5 billion in the previous year, as the average price of its rough rocks declined.Alrosa's vice president Yury Okoemov said that despite the dip last year was a good one for the company with demand being fairly stable, and market activity in line with the seasonality and the fi...Read More

.@MLGoldCorp Block 103 property hosts the world's largest wholly owned iron deposit

January 11, 2018 / bit.ly

Exploring Base and Precious Metals across North AmericaRead full newsRead More

RT @business: Carmakers are scrambling to secure the metal of their future

January 11, 2018 / bloom.bg

While debate rages over how much lithium the battery industry can consume, there's a more scarce mineral that has carmakers worried.Read full newsRead More

RT @PopescuCo: US dollar bruised by worries over China's stance on US bonds

January 11, 2018 / www.reuters.com

The dollar nursed its losses against the yen on Thursday, having suffered its biggest one-day drop in nearly eight months following a report that China was ready to slow or halt its purchases of U.S. Treasuries.Read full newsRead More

How to Profitably Invest in Gold Mining Stocks with This Winner

January 11, 2018 / dlvr.it

This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More

RT @BloombergTV: The U.S. just became a net gas exporter for the first time in 60 years

January 11, 2018 / bloom.bg

America's trade imbalance just got a wee bit smaller. The U.S. has now become a net exporter of natural gas on an annual basis for the first time since at least 1957.Read full newsRead More

Centamin jumps on better-than-expected gold output estimates

January 11, 2018 / dlvr.it

The Egypt-focused gold miner also expects solid growth this year. It's targeting 580,000 ounces in production, up from an estimate of 550,000-560,000 ounces.Read full newsRead More

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