A Glencore PLC-controlled mining company and some of its current and former executives have agreed to pay more than $22 million to settle Canadian allegations they hid the risks of doing business with an Israeli man close to Congolese President Joseph Kabila, the Wall Street Journal reported on Sunday.The expected settlement between the Ontario Securities Commission and Toronto-listed Katanga Mini...Read More
A coal mine accident in China's southwestern city of Chongqing killed seven workers and injured three, state-owned Xinhua news agency reported on Sunday.The workers at the Fengchun coal mine under the Chongqing Energy Group were killed in an underground transport accident on Saturday afternoon, Xinhua reported.The group has suspended operations at all of its coal mines, state television reported.C...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Following a series of hearings that took place in November, three independent commissioners in New Zealand have greenlighted OceanaGold's (TSX/ASX: OGC) Martha pit, which is the first stage of an anticipated 10-year mine life extension for the historic Martha Underground Mine, located in Waihi town, in the North Island's Hauraki district.The Martha project comprises two mining areas below the curr...Read More
Following a series of hearings that took place in November, three independent commissioners in New Zealand have greenlighted OceanaGold's (TSX/ASX: OGC) Martha pit, which is the first stage of an anticipated 10-year mine life extension for the historic Martha Underground Mine, located in Waihi town, in the North Island's Hauraki district.The Martha project comprises two mining areas below the curr...Read More
Following a series of hearings that took place in November, three independent commissioners in New Zealand have greenlighted OceanaGold's (TSX/ASX: OGC) Martha pit, which is the first stage of an anticipated 10-year mine life extension for the historic Martha Underground Mine, located in Waihi town, in the North Island's Hauraki district.The Martha project comprises two mining areas below the curr...Read More
Gold prices were holding firm around the $1,250 mark in early morning trading on December 13. Market watchers in the United States are eagerly awaiting the December 18-19 meeting of the U.S. Federal Reserve. Leading into the fall, a rate hike in December seemed all but certain, but violent market turbulence across the globe has thrown that supposition into question. However, markets have appeared...Read More
Share this articleYELLOWKNIFE - A Canadian mining firm says it has unearthed the largest diamond ever found in North America.Dominion Diamond Mines says the 552-carat yellow diamond was found at its Diavik mine in the Northwest Territories.It says the stone "far surpasses" the previous record-holder, known as the Diavik Foxfire, which was found at the same mine in 2015.Dominion, which owns 40 per...Read More
Chart NotAvailableSymbol DataSymbolCurrencyASX:ORNAUDDescriptionOrion Minerals are a junior, late stage development company looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial12/16/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$43.08M$43.08M12/16/2018$0.00MTotal Assets:$29.97M$29....Read More
If we want to know where Gold is going we should follow Gold. Right?How about following gold stocks? At times, they lead Gold.What about the US Dollar? Wrong!In 2019, one market more than any other will impact Gold.That is the stock market. History argues (within the current context) that when the Federal Reserve ends its rate hikes, Gold’s downtrend will be over and when the Fed cuts rates,...Read More
RAPAPORT... Trans Hex Group's sale of its Lower Orange River (LOR)project has brought the South African diamond miner back to profitability,after losses from the operation reached ZAR 197 million ($13.7 million) a yearago. Company profit came to ZAR 52 million ($3.6 million) for thefirst fiscal half ending September 30 versus a loss of ZAR 199.2 million ($13.8million) during the same period last y...Read More
RAPAPORT... US e-commerce sales grew 19% in the first five weeks of theholiday season, making it the biggest online-shopping period of all time,according to Adobe Analytics. Revenues came to $80.3 billion between November 1 andDecember 6, compared with $67.7 billion a year ago, thedata provider told Rapaport News Thursday. Sales by smartphone grew 55% to $23.7 billion. Shopping onmobile devices a...Read More
RAPAPORT... Firestone Diamonds' stock price rose more than 11% Friday afterthe company announced it had unearthed a 46-carat white diamond at itsLiqhobong mine in Lesotho. The stone - which the miner recovered undamaged - willgo on sale at the company's next tender at the end of January, it said Friday. The company also noted an increase in prices for itssmaller, lower-value stones at its Decembe...Read More
RAPAPORT... Dominion Diamond Mines has unearthed the largest knowngem-quality diamond found in North America, it said last week. The company recovered the 552.74-carat yellow diamond in Octoberat its Diavik mine in Canada's Northwest Territories. It beats theprevious record the 187.7-carat Diavik Foxfire set at the same mine in 2015. The stone, which is about the size of a chicken's egg, was passi...Read More
(IDEX Online) - Firestone Diamond plc has recovered a 46-carat white, makeable diamond from its Liqhobong mine in Lesotho. The stone was recovered undamaged and will go on sale at the next tender which is scheduled to take place at the end of January 2019, the firm said. The company added that pricing for smaller, lower value stones (-3 grainers) at the recent sale which was conclud...Read More
(IDEX Online) - Dominion Diamond Mines said it has recovered the largest known gem-quality diamond ever found in North America weighing 552 carats. The yellow Canadamark?,,? diamond was unearthed in October at the Diavik Diamond Mine, located approximately 135 miles south of the Arctic Circle in Canada's Northwest Territories. The find far surpasses the previous record held by the D...Read More