Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
ArcelorMittal's application to bid for the Bosnian government's stake in the Ljubija iron ore mine has been rejected over procedural issues, prompting the world's largest steelmaker to warn of risks to the future of mining in the area.ArcelorMittal owns a steel plant in the central Bosnian town of Zenica where it processes iron ore from its mines in Prijedor in the north of the country.The governm...Read More
Aurubis AG, Europe's biggest copper producer, on Wednesday named Roland Harings as its new CEO.Harings has been CEO of MKM Mansfelder Kupfer und Messing, a German manufacturer of copper semi-finished products, since 2014.Harings takes over at Aurubis on July 1, replacing current CEO Juergen Schachler, the company said. Aurubis announced in December that Schachler would leave the group when his con...Read More
Brazilian miner Vale SA said on Wednesday it has postponed the scheduled release of earnings and production reports as it focuses on the consequences of the deadly Brumadinho dam disaster.Vale said it plans to release its fourth quarter earnings report on March 27 rather than Feb. 13 as originally planned. The release of its production and sales report, which had been planned for Feb. 4, was postp...Read More
Top iron ore producer Vale's decision to decommission its upstream tailings dams following the deadly dam burst on Friday at its facility in C??rrego do Feij??o, Brazil has lit a fire under iron ore prices.The Chinese import price of 62% Fe content ore jumped 5% on Wednesday to trade at $82.53 per dry metric tonne, according to data supplied by Fastmarkets MB. The price of the steelmaking raw mate...Read More
United Nations human rights experts called for an urgent and impartial investigation on Wednesday into the collapse of Vale's tailing dam in Brazil, which killed at least 99 people, as well as into the toxicity of the mining waste, which is now heading towards a river that provides drinking water to communities in five of the country's 26 states.The tailings dam used at Vale's C??rrego do Feij??o...Read More
* Mud from tailings dam hits Vale mine facilities* Disaster kills 58, hundreds still missing* Brazil orders Vale to halt Corrego do Feijao mine ops* Iron ore up as much as 6 pct before closing off highs* Analysts, traders see limited price impact in short termChinese iron ore futures soared to a 16-month peak on Monday after Brazil's mining agency ordered Vale SA, the world's biggest iron ore prod...Read More
Vale SA's deadly mine disaster in Brazil has created uncertainty for China's iron ore market at a time when demand for supply from the South American country is rising, multiple Chinese ore traders said on Monday.A dam holding mine waste at Vale's Corrego do Feijao mine collapsed on Friday, burying mining facilities and nearby homes in the town of Brumadinho, killing dozens and leaving the communi...Read More
The Brazilian Securities and Exchange Commission (CVM) has launched a probe into mining giant Vale SA's filings related to the mining dam collapse in the town of Brumadinho, where the collapse of a dam at the company's C??rrego do Feij??o mining complex on Friday killed at least 60, while more than 300 missing people are feared dead.According to local newspaper Valor Economico, CVM is investig...Read More
Vanadium producer Bushveld Minerals' (LON:BMN) revenue and earnings soared in 2018, the company said Wednesday, despite slightly missing production guidance due to repair work in the fourth quarter.Revenue for the miner, which owns the Vametco, Brits, and Mokopane projects in South Africa, jumped to $192.2 million, significantly more than the $79.2 million recorded in 2017.Profits from the miner'...Read More
Gold prices rose on Wednesday after the Federal Reserve kept benchmark interest rates unchanged and hinted at a slower pace of monetary policy tightening.Read full newsRead More
"Kore Potash's share price is down 30% since it released its plan for a US$2.1b mine in the Republic of Congo on Tuesday | https://t.co/PoFMNbtDjK #AIM $KP2"Read full newsRead More
But will it consider cutting prices for iPhones sold in the US?Read full newsRead More
No excuse for simply not knowing how TSF disasters happen or failing to learn from one's mistakesRead full newsRead More
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Nickel prices hit theirstrongest in around three months on Wednesday, as the co...Read full newsRead More
Wenn es um das Thema Aktien geht, ist eine gro??zahl an Menschen in Deutschland sofort skeptisch. Ob Reichtum oder finanzielle pleite ? 1/4 ber Nacht - Aktien wird...Read full newsRead More
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"Should Lena Gold-Mining Public Joint Stock Company Lenzoloto's (MCX:LNZL) Weak Investment Returns Worry You? https://t.co/H9OmdPOdtL"Read full newsRead More
GoviEx Uranium (TSXV: GXU) is studying the possibility of powering its flagship Madaouela project in northern Niger using a dedicated and renewable hybrid solar power solution.GoviEx management is working with Windiga Energy and the companies have signed a memorandum of understanding to determine if the idea is feasible.Windiga is Canadian energy developer focused on building, owning and operating...Read More