The DPA said the new position would see Anghel lead development and implementation of the association's "external engagement strategy", working with most of the world's big diamond mining companies."[Anghel] will lead the DPA's global public affairs agenda in important areas such as terminologies and nomenclature and she will take responsibility for the DPA's industry programs, including the ASSUR...Read More
The worst unrest in Chile in a generation threatens to overturn assumptions about one of South America's most stable countries and the world's leading copper producer.All it took was a US4 ? rise in the peak hour fares on the Santiago metro on Oct. 6. But by Oct. 18, a week of mass fare-jumping by high school and university students had descended into widespread vandalism and pitched battles with...Read More
Last week saw the junior gold miners continue their downward trend despite gold prices demonstrating further gains in the metals space. The yellow metal continues to hover around the US$1,500 per ounce level for almost six weeks, with some volatility during this period that saw prices rise and fall briefly to US$1,535 and US$1,471 per ounce, respectively. The stable trend in the price of gold and...Read More
The gold miners' stocks have surged in 2019, blasting higher after gold's first bull-market breakout seen in several years. That powerful summer rally left them really overbought, necessitating a correction to rebalance exuberant sentiment. That grinding consolidation lower has set them up nicely for their winter rally, this sector's seasonally-strongest time of the year. These seasonal tailwinds...Read More
The company expects its CHESS Depositary Interests to be suspended on December 2 before being delisted on December 4. Hong Kong will remain its home bourse.Read More
The manufacturer and supplier, which produces pumps and water handling and waste management systems for mines and quarries, among a host of other industry segments, posted revenues of $5.2 billion last year."Solid demand and disciplined execution in our largest markets drove margin expansion and delivery on our earnings commitments," said company CEO and president Patrick Decker."Steady revenue gr...Read More
They don't build 'em like they use to.And that's on purpose.My First ConspiracyI remember the very first conspiracy theory I ever heard. My grandmother told me someone long ago invented a carburetor that would enable a vehicle to get over 100 miles per gallon.She said oil companies bought the rights to the invention to suppress the technology, ensuring more repeat business and higher revenues.Of c...Read More
The Quecher Main project at Newmont Goldcorp's (TSX: NGT; NYSE: NEM) Yanacocha gold mine in Peru has achieved commercial production ahead of schedule and under budget.The project will extend the life of the Yanacocha operation to 2027.Quecher Main, 800 km northeast of Lima, is expected to contribute an average of 200,000 oz. gold annually from 2020 through 2024, at all-in sustaining costs (AIS...Read More
UEX (TSX: UEX) has intersected new uranium mineralization at its 60%-owned Christie Lake project, 9 km northeast of Cameco's (TSX: CCO; NYSE: CCJ) McArthur River uranium mine in northern Saskatchewan.The new mineralization was found in hole 141, 8 metres above an unconformity. The drill hole returned a radiometric equivalent grade (REG) of 1.17% uranium oxide (U?,?O?,^) over 2 metres, from 498 met...Read More
"Revenue from the system could begin before the end of 2019," the broker said.Read More
On Wednesday, the Federal Reserve cut its key rate by another 0.25%, dragging it down to a range of 1.5-1.75%.And that really better do the trick, because Fed Chairman Jerome Powell signaled the central bank will now be taking a breather.Indeed, language from the Fed's statement that had previously stated the FOMC would "act as appropriate to sustain the expansion," was replaced by new language st...Read More
The ASX-listed company (ORI) saw revenue growth across all its regions and divisions in the 12 months to the end of September this year, compared with the previous year. "Volumes are growing and our market-leading technology solutions are gaining traction with customers. Our growth drivers are starting to deliver," managing director Alberto Calderon said.Orica said it "anticipates higher earnings...Read More
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By: Ira EpsteinGold bears in a trap? They are under the pressure on the outside day out. The battle ground in gold is seen..Read More
"This is a picture of the #EvelynProperty owned by #Colibri located 10km east of #LaHarradura, a 10 million oz. plus #goldmine!$CBI #AU #Cbi #Gold #Sonora @ColibriResource #exploration #mexicomining #Colibri #MomentumStocksSee Corporate Presentation: https://t.co/oOesveaR7j"Read full newsRead More