Copper's slump amid a deepening global trade conflict offers a long-term buying opportunity, according to Citigroup Inc., which shrugged off fears for world growth to boost its long-term forecasts.Read full newsRead More
South Korea's LG Chem plans to invest about 2 trillion won ($1.77 billion) to build its second electric car battery plant in China to meet growing demand, a company spokesman said on Wednesday.Read full newsRead More
"Communication was highlighted as by far the most important leadership attribute in the present environment and as a key ingredient in delivering change programmes. Read more from the #GlobalLeadershipReport at https://t.co/bU77ZrqfbX"Read full newsRead More
Paulson & Co. will move forward with its efforts to replace a majority of the Detour Gold's board and explore the possible sale of company.In a letter release today, Paulson also said Detour had been "approached by a major gold mining company interested in potentially acquiring it."Detour Gold is up 13% to $13.93. The company's 52-week range is $9.11 to $17.86. Paulson & Co. is a large institution...Read More
LONDON, July 16 (Reuters) - Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining minister said on Tuesday, adding he was confident an agreement would be reached.Rio Tinto said in October 2016 said it had signed an outline agreement to sell its major stake in Simandou to Chinalco, a move many hoped would revive the long-stalled sche...Read More
Australia's Northern Minerals (ASX:NTU) has produced its first rare earth carbonate during commissioning of a pilot processing plant at its Browns Range project, in northern Western Australia.Around 1,000 tonnes of ore have been crushed at the facility, expected to be fully operational by the end of July, the company said, adding it anticipates starting shipments before the end of September.Northe...Read More
(Bloomberg) - Copper's slump amid a deepening global trade conflict offers a long-term buying opportunity, according to Citigroup Inc., which shrugged off fears for world growth to boost its long-term forecasts."Prepare for a decade of Dr. Copper on steroids," analysts including Max Layton and Tracy Liao wrote in a July 17 note. The bank sees average annual prices at $8,000 a metric ton in 2022, p...Read More
In the fallout from the Putin-Trump summit, we heard plenty of comparisons to the Kennedy-Khrushchev summit in 1961 which the then US president described as the "worst thing in my life." While we would be surprised if Mr. Trump felt the same way about the Helsinki summit, the comparisons with 1961 did get us reminiscing about the cold war, perhaps prodded by finding ourselves in the throes of a g...Read More
LONDON, UK / ACCESSWIRE / July 16, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Gran Colombia Gold, Nemaska Lithium, IAMGOLD, and Lundin Mining.The S&P/TSX Composite Index lost 6.30 points, or 0.04%, toRead full newsRead More
BEIJING, July 18 (Reuters) - Three senior executives at Jiangxi Copper Co , one of China's biggest copper producers, have left their roles, the company said in a stock exchange filing on Wednesday, in a major managerial shake-up at the state-run firm.Wu Yuneng, a Jiangxi Copper veteran who was only appointed to the general manager job in January this year, will no longer serve in the role and also...Read More
Pedevco (NYSEAMERICAN:PED) — and PED stock — looked like another casualty of the changing oil and gas landscape. But Pedevco aka Pacific Energy Development, looks to have saved itself… for now. Thanks to a debt restructuring agreement at the end of June, Pedevco has avoided immediate insolvency. As a result, PED stock has gone on a tear, rising as much as 1,000% in recent w...Read More
ATHENS, July 18 (Reuters) - Greece has shortlisted Anglo-Swiss Glencore and Swiss Vitol to submit a binding bid for a majority stake in the country's biggest oil refiner Hellenic Petroleum, its privatisation agency said on Wednesday.Athens last month received five expressions of interest for a 50.1 percent stake that Greece and Paneuropean Oil and Industrial Holdings jointly hold in Hellenic in on...Read More
Colombia's government announced Monday that it has prohibited the use of mercury in gold mining. The highly poisonous chemical will also gradually be phased out in other industries until a...Read full newsRead More
Mr. Peter Tallman reportsKLONDIKE GOLD LONE STAR ZONE ASSAYS 1.40 G/T AU OVER 65.05 METERS, INCLUDING 6.07 G/T AU OVER 8.45 METERS Klondike Gold Corp. has provided assay results from seven drill holes at the Lone Star zone, part of a systematic evaluation designed to map the geometry of mineralization across a portion of the zone, at the company's wholly owned Klondike District property in the Yu...Read More
Mr. Derek White reportsASCOT DISCOVERS ADDITIONAL HIGH-GRADE GOLD AT BIG MISSOURI AND PREMIER/NORTHERN LIGHTS Drilling at Ascot Resources Ltd.'s Big Missouri continues to identify new gold mineralization while drilling at Premier/Northern Lights demonstrates that this area of the current resource still has room to grow. Notable intercepts in this release include:4.29 metres of 8.07 grams per tonne...Read More
TSX-V-listed Equinox Gold will significantly increase its future gold production if it develops its project in California, with output from the company's two cornerstone mines - Castle Mountain, in the US, and Aurizona, in Brazil - estimated at almost 200 000 oz/y by 2020, increasing to 350 000 oz/y. Announcing the outcomes of a prefeasibility study (PFS) for the Castle Mountain project, Equinox...Read More
Colombia's government announced Monday that it has prohibited the use of mercury in gold mining. The highly poisonous chemical will also gradually be phased out in other industries until a...Read full newsRead More
LONDON, UK / ACCESSWIRE / July 16, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Gran Colombia Gold, Nemaska Lithium, IAMGOLD, and Lundin Mining.The S&P/TSX Composite Index lost 6.30 points, or 0.04%, toRead full newsRead More
Osisko Mining Inc announced that the discovery of a new wide zone of high-grade gold mineralization at depth, at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Qu?(C)bec.Read full newsRead More
Osisko Mining Inc announced that the discovery of a new wide zone of high-grade gold mineralization at depth, at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Qu?(C)bec.Read full newsRead More