Total: 47 14 33Turkish gold imports surged due to a sharp increase in investment demand as well as renewed Central bank purchases. While the Chinese and Russian governments have been adding gold to their official reserves over the past several years, Turkey added 86 metric tons to its official holdings in the last seven months of...Read full newsRead More
"Morgan Stanley out with good analysis on the impact of rising oil prices, pushing up the cost curve for all metals, particularly #nickel"Read full newsRead More
Jayden Resources, Cordoba Minerals, Asian Mineral Resources, Pacton Gold and Hunt Mining were last week's top-gaining mining stocks on the TSXV.Read full newsRead More
The death toll has climbed to 55, the health ministry says.Read full newsRead More
So much for the billions spent buying pesos on Friday...Read full newsRead More
While Tesla's stock price is modestly higher this morning, seemingly glued to the $300-ish level, the car-maker's bonds are leaking lower in price as Elon Musk told employees in a memo that he has been undertakingRead full newsRead More
"FPX Nickel's Baptiste #nickel deposit could be a carbon neutral mine. John Kaiser from @KaiserResearch provides an overview of FPX's efforts to demonstrate carbon sequestration at our Decar Nickel District. Starts at 12:25 @MDRUubc @BRIMMinnovation https://t.co/gf7VkGxR2c"Read full newsRead More
(Bloomberg) - Chinese and American firms are finding that their fortunes in trying to tap the world's two largest economies are increasingly dependent on the fast-changing political environment.Chinese President Xi Jinping's top economic envoy, Liu He, is due to arrive in Washington this week for meetings with U.S. officials in the wake of a tweet by U.S. President Donald Trump that appeared to r...Read More
Ottawa - Women who work in artisanal and small-scale mining (ASM) face economic, decision-making, legal and institutional exclusions due to cultural norms. This is the finding of a new report from the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF).ASM is a complex and diversified sector, ranging from informal individual miners seeking a subsistence livelihoo...Read More
Mr. Nigel Lees reportsSAGE GOLD REPORTS LATEST MILL RUN Sage Gold Inc. has completed its latest bulk sample mill run and fourth of 2018. Approximately 5,800 tonnes of mineralized material were shipped to the custom mill facility for processing.Production statistics including gold ounces produced, grade and mill recovery will not be known until the completion of a metallurgical reconciliation proce...Read More
Speaking in an interview with Bloomberg TV, Eisman said thatRead full newsRead More
ECB governor Villeroy said the end of net asset purchases is nearing, citing September or December as the likely cut off point, and warning that the first rate hike could come quarters, not years after the end of asset purchases.Read full newsRead More
May 14 (Reuters) - Australian shares rose on Monday, carried higher by BHP hitting its highest since August 2014 and giving the index a valuable boost.The S&P/ASX 200 index rose 0.3 percent, or 19 points to 6,135.3 at the close of trade. The benchmark closed marginally lower on Friday.BHP shares rose nearly 2 percent, hitting their highest in about 45 months.A rally among miners also saw Rio Tinto...Read More
Mr. Brett Heath of Metalla Royalty reportsMETALLA ADDS ROYALTY ON AGNICO EAGLE S AKASABA WEST DEVELOPMENT PROJECTMetalla Royalty and Streaming Ltd. has acquired a 2-per-cent net smelter return royalty on the Akasaba West property from Alexandria Minerals Corp.,pursuant to a royalty purchase and sale agreement dated May 11, 2018. Pursuant to the agreement, Metalla and the seller have entered into...Read More
LONDON, May 14 (Reuters) - Shanta Gold will conduct further exploration near its main mine in Tanzania after cutting costs in the past year to cope with tougher mining laws, the chief executive told Reuters.Shanta's plans buck a trend among other firms that have scaled back ambitions in Tanzania due to laws that include giving the state a bigger stake in mines, a ban on exporting unprocessed miner...Read More
(Bloomberg) - The battle for some of Russia's richest gold mines has an unusual cast of characters: the scion of one of Europe's great banking families, a Kazakh tycoon with his own cryptocurrency, hedge fund D.E. Shaw, and mystery shareholders.They're all part of a new fight for control over Petropavlovsk Plc, a London-listed miner. For the second time in a year, the company is in the middle of...Read More
The drilling program will follow up on the recently discovered "West Zone" and target additional potential discoveries at Copper KingELKO, Nev., May 14, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce the forthcoming Copper King drilling program for 2018. This program, comprised of two phases, will begin with an initial ph...Read More
LONDON/JOHANNESBURG, May 14 (Reuters) - Lonmin narrowed its first-half operating loss and set out plans to cut spending as the platinum miner tries to keep a takeover by Sibanye-Stillwater on track by conserving cash.The proposed deal with precious metals producer Sibanye-Stillwater, vital to Lonmin's survival, is conditional upon Lonmin retaining a positive cash balance by the time it is schedule...Read More
Strongbow Exploration (TSX-V: SBW), a Canadian firm trying to reopen one of England's most iconic tin mines, announced Monday it planned to list in London's AIM exchange for growing companies next month.The Vancouver-based junior expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which it will use to study the feasibility of resuming production at...Read More
Mr. Eric Edwards reportsTRIMETALS MINING INC. FILES FIRST QUARTER 2018 FINANCIAL STATEMENTS AND MD&ATrimetals Mining Inc. has released its condensed interim consolidated financial statements for the three months ended March 31, 2018, with cash at the end of the quarter of $1.2-million. In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated. Highlights for...Read More