Three years after the wastewater spill at the ancient Gold King mine in Colorado, the U.S. Environmental Protection Agency is still reviewing about 380 claims for lost income, fallen property values and other losses endured by people that live or work in the areas surrounding the mine.According to the Associated Press, the EPA provided an update on its progress regarding the case but did not say w...Read More
Three years after the wastewater spill at the ancient Gold King mine in Colorado, the U.S. Environmental Protection Agency is still reviewing about 380 claims for lost income, fallen property values and other losses endured by people that live or work in the areas surrounding the mine.According to the Associated Press, the EPA provided an update on its progress regarding the case but did not say w...Read More
In its latest report on gold demand, the WGC says demand for the yellow metal was down 4 percent in the second quarter and experienced the lowest first-half total since 2009.Read full newsRead More
Russian giant Alrosa (MCX:ALRS) announced the selling of the most important diamond in its Dynasty collection, a 51.38-carat round stone, D color (colorless), with VVS1 clarity and no inclusions.In a press release, the company said that the Dynasty diamond "is the purest of all large diamonds manufactured throughout the Russian jewelry history" and the most expensive stone they have ever sold.With...Read More
"#Ghana, #Mali and #BurkinaFaso are 3 #gold hotspots in #Africa - learn which companies are #mining there right now: https://t.co/lRq15Bs1x3 #investing"Read full newsRead More
Brazil's mineral exports are expected to rise 2.5 percent in 2018 compared to the previous year to 410 million tonnes, as investment in the sector is projected to grow, industry group Ibram said on Friday.By value, mineral exports are expected to increase to $30 billion from $28.37 billion last year, Ibram said in an email to Reuters.While iron ore exports were stable in the first six months of th...Read More
"19% of leadership teams completely failed to discuss issues beyond a three-year horizon. Read more from the #GlobalLeadershipReport at https://t.co/bU77ZrqfbX in partnership with @ProudfootMCG @SwannGlobal"Read full newsRead More
MELBOURNE (Reuters) - Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre has ballooned this year, reflecting what fund managers say is a sign of growing scepticism of an imminent battery boom.The heavy shorting of the stocks puts investors at risk of a short squeeze if project timelines meet or beat expectations, or if near-term oversupply of battery chemicals proves to...Read More
"Tetra Bio-Pharma Provides Extension to North Bud Farms --#TetraBioPharma $TBP #MedicinalMarijuana #MedicalMarijuana #Cannabinoid @TetraBioPharma #PainRelief -- Read the News Release here: https://t.co/PA1xzOfKi4"Read full newsRead More
China proposed retaliatory tariffs on $60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft on Friday, as a senior Chinese diplomat cast doubt on prospects of talks with Washington to solve their bitter trade conflict.Read full newsRead More
Tesla announced Wednesday that it would release a complete update to its Autopilot system later this month, including new self-driving capabilities. The new version, which Tesla owners and fans have long-awaited, will update the system with faster hardware as well as new optical software that CEO Elon Musk says will improve safety. Pete Bannon, a Tesla...Read full newsRead More
In a move that is certain to prompt immediate response by Trump, China released the proposed retaliation list to US tariffs, announcing it will impose differentiated tariffs on $60 billion in US goods.Read full newsRead More
The PBOC has just nuked Yuan shorts by raising the reserve requirement on FX forwards from 0% to 20%, reversing the move from last September and de facto easing US financial conditions, while tightening those in China...Read full newsRead More
The price of rhodium is up 272% since August 2016 with the platinum group metal hitting an eight year high last week.Like its sister metals, rhodium's main application is to clean vehicle emissions and the price quoted by Johnson Matthey, the world's number one manufacturer of autocatalysts, reached $2,350 an ounce on Friday.Recent announcement of production curtailment by Impala and Lonmin can on...Read More
The price of rhodium is up 272% since August 2016 with the platinum group metal hitting an eight year high last week.Like its sister metals, rhodium's main application is to clean vehicle emissions and the price quoted by Johnson Matthey, the world's number one manufacturer of autocatalysts, reached $2,350 an ounce on Friday.Recent announcement of production curtailment by Impala and Lonmin can on...Read More
(Corrects fourth paragraph to show total new daily capacity is intended to rise to 30,000 tonnes per day rather than add 30,000 tonnes per day)Read full newsRead More
MOSCOW, Aug 3 (Reuters) - Polyus, Russia's largest gold producer, on Friday reported second-quarter net profit of $114 million, up 10 percent year on year, due to higher gold sales and lower costs, partly related to the start of plans to sell antimony.Earlier this year, the company said it would aim to produce up to 15 percent of global antimony output, used primarily to make fire retardants and b...Read More
JOHANNESBURG, Aug 3 (Reuters) - South African precious metals producer Sibanye-Stillwater said on Friday it expected to swing to a half-year profit from a steep loss last year, boosted by its platinum business and the inclusion of its U.S. operations.The company flagged headline earnings per share for the six months to June 30, 2018 of 4 cents compared with a loss of 135 cents per share during the...Read More
The company said the sublease agreement covers approximately 1,120 acres of mineral rights adjacent to its Ecru project in Lander county in NevadaRead full newsRead More
ASANKO Gold, a Toronto-listed gold producer operating in Ghana, reported half year production of some 101,731 ounces, exceeding the upper end of its guidance for the period which was between 90,000 to 100,000 oz, the company said in its second quarter and interim report published on August 2 Peter Breese, president and CEO of AsankoRead full newsRead More