Saudi Arabia, the world's top oil exporter and OPEC's largest producer, has influenced the oil market and oil flows since the middle of the 20th century.Shortly after the 21st century began, one of Saudi Arabia's key customers made its first steps toward becoming one of the Kingdom's main competitors on the global oil market: the United States began fracking for oil in the mid-2000s. By the end of...Read More
Benchmark Metals (TSXV: BNCH) announced that on June 15, 2019, it will start a drilling program at the Lawyers gold-silver project located in British Columbia's Toodoggone Mineral District.In a media statement, the Edmonton-based firm said the drilling will focus on infill, step-out and deeper drilling to expand the current resources at the zones known as Cliff Creek and Dukes Ridge and establish...Read More
German carmaker BMW will buy cobalt, a key component for electric vehicle (EV) batteries, directly from mines in Australia and Morocco to ensure they are not produced by child labour, an executive said on Tuesday.The announcement came as the London Metal Exchange (LME) launched an initiative under which it could ban or delist brands that are not responsibly sourced by 2022 to help root out metal t...Read More
China's Tsingshan Holding Group has expanded its plans for a steel plant in Zimbabwe to include a power plant and a lithium concession, Zimbabwe's Mines Minister Winston Chitando said on Tuesday.President Emmerson Mnangagwa's government is trying to woo foreign investors, especially in mining, as part of efforts to revive an economy that suffered in the later years of Robert Mugabe's rule.Tsingsha...Read More
The London Metal Exchange (LME), the world's biggest market for industrial metals, said Tuesday it would only allow responsibly sourced brands to trade on the platform from 2022 on, as part of increasing efforts to root out ore mined using child labour.The initiative, one of the first launched by the organization to clean up the global supply chain of all its commodities, will require all listed b...Read More
France's environment minister, Fran??ois de Rugy, is expected to announce in June the government's official position on a proposed open-pit gold mine and precious metals industry in French Guiana, potentially the department's largest, and it has locals divided.The Montagne d'Or gold project, a joint venture between Russian billionaire Alexey Mordashov's mining company, Nordgold, and Canadian ju...Read More
Record Highs!!Read full newsRead More
Huawei's driver allowed for remote device management also enabled access to the Windows 10 OS operating system, thus allowing for a backdoor-like hack.Read full newsRead More
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European markets closed and gold found a bid, erasing earlier losses...Read full newsRead More
Temperatures at the bottom of Australia's deepest gold mine are close to 30 degrees Celsius and the humidity is like something out of the tropics with long shifts making it a tough slog for miners.Read full newsRead More
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