The Dubai Multi Commodities Centre and the China Gems and Jade Exchange signed a memorandum of understanding to create new trading opportunities between the United Arab Emirates and China.The China Gems and Jade Exchange is a national-level gemstone trading platform approved by the State Council of China.In a press release, the parties explained that the idea is to connect buyers and sellers of g...Read More
China's crude oil throughput rose in April to match record daily levels, go...Read full newsRead More
Near 17% decline in Chinese car sales in April - the 11th monthly drop in a row - compounds impact of Washington-Beijing trade salvoes.Read full newsRead More
The biggest mining companies say they are well positioned to provide the metals needed for the shift to EV technology.Read full newsRead More
No decision will be made until the end of 2020, when the company expects to have completed a study on the Jadar, which is estimated to contain 10% of the world's lithium reserves.Read full newsRead More
Top global miner tells investors it can mine potash for only $100 a tonne at $7 billion Saskatchewan fertilizer project.Read full newsRead More
Canada's Ivanhoe Mines (TSX:IVN) said Tuesday it's ready to start building its first two copper mines in the Democratic Republic of Congo and significantly advance a third project after partner Zijin Mining Group added an additional C$67 million (about $49m) into the Canadian company's coffers.Zijin, China's No.1 gold producer and Ivanhoe's partner in the now massive Kamoa-Kakula copper project...Read More
As Coast Salish People, we cannot allow any mining operations in the Skagit River Headwaters because we must restore our salmon and preserve the rights of all those for whom salmon are a cultural lifeblood.Read full newsRead More
The U.S. stock markets sure feel inflectiony, at a major juncture. After achieving new all-time record highs, sentiment was euphoric heading into this week. But those latest heights could be a massive triple top that formed over 15 months. Then heavy selling erupted in recent days as the U.S.-China trade war suddenly went hostile. The big U.S. stocks just-reported Q1'19 fundamentals will help dete...Read More
While gold undeniably has a place in just about any portfolio at the moment, there are two metals in particular that may be even more defensive for new investors: palladium and copper. Palladium is sometimes overlooked as an investment, but its ubiquity in the electronics industry makes it a sound choice; copper, meanwhile, shows all the signs of being a quintessential metal to add to a mining por...Read More
Perhaps the perma-bullish Wall Street analysts should contribute to retail sales by stocking up on Depends - like the Merrill Lynch analyst who forecast retail sales to climb 0.7% ex-autos. Retail sales, preliminarily, were said to have declined 0.2% from March. The "core" retail sales group - retail sales not including autos and gasoline - were flat. Wall Street's finest expected a consensus...Read More
Market futures were pointing to an upbeat start around the world today amid hopes further US-China trade talks would be successful.There was also anticipation of further economic stimulus measures in China, after data out today showed industrial output, retail sales and investment all slowed in April, Bloomberg reported.The gold price is a little softer than this time yesterday but is still a...Read More
I'm not far off saying that the Permian Basin is officially the worst-kept secret in the U.S. oil boom.Here we are more than a decade into the tight oil boom, and it's become glaringly obvious to everyone that the biggest profits are in West Texas.For most, the Permian Basin's true value was hammered home last year, when the USGS announced that the Wolfcamp shale and Bone Spring formation in Texas...Read More
Columbus Gold (TSX: CGT; US-OTC: CGTFF) wants to become a dominant player in the fledgling gold mining industry in French Guiana, an overseas department of France on the northeast coast of South America, which is made up mainly of tropical rainforest.The junior and its Russian partner, Nordgold, already own 44.9% and 55.01% of the Montagne d'Or gold deposit in northwestern French Guiana, where the...Read More
Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million.St Barbara's offer represents a 41.1% premium to Atlantic's closing share price on May 14 and a 40.8% premium to the company's 30-day, volume-weighted average price.The offer consists of $2.90 per share in cash plus a spin-out company that will hold...Read More
LA PAZ, BOLIVIA - The Bolivian government is "building a new relation between business and the state," Bolivia's Mining and Metallurgy Minister Cesar Navarro tells The Northern Miner in a sit-down interview in his government office.Soon after taking office in January 2006, Bolivian President Evo Morales laid down the law to foreign companies. The new relationship between the state and investors wo...Read More
Test results from Marathon Gold's (TSX: MOZ) Leprechaun and Marathon deposits at the company's Valentine Lake gold camp in Newfoundland and Labrador show they are amenable to heap leaching.Selected intervals of mineralized material were shipped to SGS Canada in late 2018, and highlights from the tests show a 72% gold-extraction average for a -25 mm crush size from the Leprechaun deposit after 160...Read More
Nevada Copper (TSX: NCU) owns Pumpkin Hollow, a copper project that aims to commence production by the end of 2019. Located in Yerington, Nevada (USA), Pumpkin Hollow is host to an underground development and an open pit development. We learned from Matthew Gili, who is President and CEO of Nevada Copper, that the underground mine construction remains on track to enter production in Q4, 2019 and t...Read More
If there is one issue that nearly every presidential candidate agrees on, it is the legalization of marijuana.In fact, Sen. Cory Booker went as far as to introduce a bill that would legalize marijuana nationwide, expunge federal convictions, and allow those prosecuted for use to petition the courts for shorter sentences.And he's doing this with four of his presidential rivals as co-sponsors.As you...Read More
"Did you miss this year's Mines and Money conference in New York? The INN team spoke with plenty experts at the show - listen now! https://t.co/3prbK8OKTt @MinesAndMoney #mining #conference #investing"Read full newsRead More