Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More
Shares in Erdene Resource (TSX:ERD), one of the very few companies that has successfully navigated Mongolia's ever-changing policies on foreign mining investment, were off to the races on Thursday after the miner bumped up mineral resource estimates for its Altan Nar gold-polymetallic project in Mongolia.The Canadian miner said indicated and inferred gold equivalent resources had increased by who...Read More
Bad news from South Africa's platinum belt has pushed shares of the world's No. 2 producer of the metal to the lowest since 1999.Impala Platinum Holdings Ltd. has dropped more than 40 percent this year as investors fret over glitches at its Rustenburg operations and cost ratios that compare unfavorably with some peers. The biggest producer after Anglo American Platinum Ltd. on April 26 cut its pro...Read More
Barrick Gold, Randgold Resources, Newmont Mining, Freeport McMoran and Goldcorp all make the short list for stocks to consider in this commodity segment -- but which of them are best positioned to prosper?Read full newsRead More
A major lawsuit against gold mining companies in South Africa is gaining global attention. Tens of thousands of miners will now receive a portion of a $400 million settlement. They're suffering from a deadly lung disease called silicosis from inhaling dangerous dust while working underground for decades. CBS News foreign correspondent Debora Patta talked to one former gold miner in a truly hea...Read More
Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More
Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More
Anglo American's De Beers said Thursday it had successfully tracked its first diamonds all the way from its mines to jewellery retailers using blockchain technology, in an effort to clear up the supply chain form synthetics and conflict stones.The world's largest rough diamond producer by value, which began developing the tracking platform last year, said it was able to follow 100 high-value stone...Read More
Anglo American's De Beers said Thursday it had successfully tracked its first diamonds all the way from its mines to jewellery retailers using blockchain technology, in an effort to clear up the supply chain form synthetics and conflict stones.The world's largest rough diamond producer by value, which began developing the tracking platform last year, said it was able to follow 100 high-value stone...Read More
Zinc's fall from more than US$1.60 a pound three months ago to less than $1.40/lb earlier this week is a sign that the market for the metal is stabilising and while there could be a little more oomph in zinc a return to higher prices could also be a trap for investors betting on a return to near-boom conditions.Tim Treadgold World zinc mine production could top 13 million tonnes for the first time...Read More
Hard rock lithium deposits are going to fill the demand as they are more evenly geographically distributed across the globe and are less dependant on a changing climate for production than lithium brine production. They are more and more filling the supply gap.According the United State Geological Survey's 2018 Mineral Commodity Summaries, Australia was the largest producer of lithium. It produc...Read More
This year has been a great year for commodities, most notably gold, base metals and oil. It hasn't been so great for silver, silver miners, or investors in the white metal, however. While gold has remained flat since the start of 2018 and oil has surged by 19%, silver has declined by 3%.Nonetheless, there are signs that the outlook for silver is improving, and one of the best ways to gain exposure...Read More
Tesla bank creditors have forced the Company to add its Fremont manufacturing factory to the pool of assets which secure Tesla's $1.8 billion credit facility. The cover story is that the banks "suggested" that Tesla add the additional collateral to support the asset base underlying the bank. However, that's unmitigated propaganda.Banks have access to the inside books at companies to which they...Read More
Rio Tinto is closer than ever to deciding if it wants to bring its 2004 Jadar lithium and borates discovery in Serbia into production.Barry FitzGerald*Jadar in Serbia ... In a big field of new lithium supply candidates10 MAY 201810/05/2018commentsshare Rio's Ventures unit - charged with taking the company sans a coal division in to new business areas - has a prefeasibility study into Jadar's devel...Read More
The mill at Pan American's Huaron Mine in Peru. Source: Pan American Silver Corp.Pan American Silver Corp. [PAAS-TSX, NASDAQ] on Thursday May 10 said road blockades at its Huaron Mine in Peru have ended.As announced on April 27, 2018, operations at the mine had been suspended since April 24, 2018, as a result of road blockades instituted by members of the nearby Huayllay community."With oversight...Read More
The Integra Resources DeLamar Gold and Silver Project in southwestern Idaho. Source: Integra Resources Corp.Integra Resources Corp. [ITR-TSXV; IRRZF-OTCQB] on Thursday May 10 announced initial assay results from nine of 13 drill holes completed to date from its 2018 drill program on the DeLamar Gold and Silver Project in southwestern Idaho.Initial results demonstrate continuity of certain structur...Read More
De Beers has successfully digitally tracked 100 high-value diamonds throughout the value chain from mine to retail during the pilot of its diamond industry platform.Staff reporterDe Beers has successfully tracked rough diamonds throughout the value chain10 MAY 201810/05/2018commentsshareIt said an "immutable and secure digital trail" had been created using the developed Tracr platform for a select...Read More
Notes:1. The Mineral Resources have been constrained by topography and a cut-off of 0.7 g/t AuEq above a pit and 1.4 g/t AuEq below the same pit shell.2. The Mineral Resource Estimate Summary has been compiled under the supervision of Mr. Jeremy Clark who is a full-time employee of RPM and a Member of the Australian Institute of Geoscientists. Mr. Clark has sufficient experience that is relevant t...Read More
For most Americans the geopolitical/financial crises of the 1970s happened so long ago that they're about as relevant as the Revolutionary War or the Reformation. But for seasoned citizens who were around back then and paying attention, the similarities to today are becoming both eerie and scary. Consider:In the early 1970s the Middle East was a hotly contested part of the world, with Russia (then...Read More
I have an amazing job.I actually get paid to uncover under-the-radar profit opportunities for investors who have the stones to go after the big bucks.Anybody can buy a bunch of big-name stocks and hope for the best - which is, of course, a great way to never make any real money. But finding those undiscovered gems before the rest of the herd comes running - that's the thrill. That's the excitement...Read More