"I think they probably wish they made the deal that they had on the table before they tried to renegotiate it," he said. "They would like to make a deal, we are not Continue...Read More
Anthony Scaramucci, nicknamed "The Mooch", is an American financier, entrepreneur and political consultant who briefly served as the White House Director of Communications from July 21 to July 31, 2017.Read More
Mali has suspended the informal practice of gold dredging for one year and gold panning for three months for environmental reasons, starting June 15, the mines ministry said on Monday.Dredging and panning produce 10 to 15 tonnes of gold per year according to government figures, versus 60 tonnes from the industrial sector.The move is a first step in a potential plan to outlaw gold dredging for good...Read More
At least nine illegal gold miners have died in Zimbabwe after they detonated explosives underground and were trapped at a mine owned by unlisted London-headquartered Metallon Corporation north of the capital Harare, the company said on Monday.Metallon put its Mazowe Mine on care and maintenance last September, citing viability problems. One of Zimbabwe's biggest gold producers, it still operates t...Read More
Vancouver-based Barrian Mining (TSX-V: BARI) announced that it recently completed induced-polarization and resistivity geophysical survey at its flagship Bolo gold property, located 90 kilometres northeast of Tonopah, central Nevada.In a media statement, Barrian said that the survey identified multiple high-priority anomalies that warrant follow-up reverse circulation drill testing. These new anom...Read More
Barrick Gold's (TSX:ABX)(NYSE:GOLD) chief executive, Mark Bristow, said the company's bid for its 64%-owned Acacia Mining (LON:ACA) is an "appropriate" and "elegant" solution to the long-running row over outstanding tax claims that has hit the African miner's bottom-line.The $285-million offer, considered by some analysts and Acacia's minority shareholders as a low, would see the world's second...Read More
This development resulted from the compilation and study of historical project data. Libero Copper Corp. (LBC:TSX.V:, LBCMF:OTCQB ) announced in a news release that it identified another gold-copper target on its Big Red project through digitizing and analyzing historical asset data. The company also added 3,041 hectares of new claims to this Golden Triangle porphyry project, taking the total to...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, explain why they believe current economic trends favor gold. Buy equities and sell gold because the economy is strong and the Fed is supportive? Really? We think you should not be fooled by the reigning narrative. Consider the following:In 2018, U.S. real GDP growth was the best in years. Nominal GDP rose more than 5% while the national de...Read More
Maurice Jackson of Proven and Probable interviews the CEO and senior project geologist working on expanding the prospects in this well-known mining district between Fairbanks and the Canadian Yukon. Maurice Jackson: Joining us for a conversation is Gregory Beischer, the president, director and CEO of Millrock Resources Inc. (MRO:TSX.V; MLRKF:OTCQX), along with Senior Project Geologist Chris Van T...Read More
This explorer in the Yukon and British Columbia's Golden Triangle is ready to make news in upcoming drill season, says Rick Mills of Ahead of the Herd. May is the month when junior resource companies either spring out of hibernation from a winter spent poring over last year's results, secure in the knowledge their treasury is in good shape, or return from cash-raising junkets, hopefully with pock...Read More
Physical iron ore prices soared further on Monday May 27 on big gains in the futures and swaps markets.MB 62% Fe Iron Ore Index: $108.62 per tonne cfr Qingdao, up $3.30 per tonne. MB 62% Fe Pilbara Blend Fines Index: $106.81 per tonne cfr Qingdao, up $3.30 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $111.35 per tonne cfr Qingdao, up $2.55 per tonne. MB 58% Fe Premium Index: $99.46 per tonne c...Read More
The recent downtrend in Chinese domestic ferro-silicon prices came to a halt in the week ended Friday May 24 amid an uptick in demand, while most suppliers kept their offer prices unchanged as they awaited further direction from June tender prices from steel mills. Chinese domestic market stabilizes, abundance of supply remains a headwind Chinese export offers unchanged in inactive market European...Read More
The seaborne coking coal spot market saw thin trading on Monday May 27, with offers in the premium segment being relatively unchanged amid an absence of bids.In the second-tier hard coking coal segment, two cargoes of lower-ranked products from Australia and Canada were both offered at around $185 per tonne cfr China, according to sources.Another brand of Australian materials that sit slightly hig...Read More
Prices for seaborne iron ore concentrate and pellets picked up some strength last week amid a general upward trend in the market, though the segment remained relatively weak overall.ConcentrateThe weekly Fastmarkets MB 66% Fe Iron Ore Concentrate Index stood at $115.79 per tonne cfr China last Friday May 24, up $5.80 per tonne from a week earlier.The daily Fastmarkets MB 65% Fe Iron Ore Index aver...Read More
VANCOUVER, May 24, 2019 /PRNewswire/ - Barrian Mining Corp. ("Barrian" or the "Company") (TSX-V: BARI) (FSE: BM5) is pleased to announce that the recently completed induced-polarization (IP) and resistivity geophysical survey completed at the Bolo Gold Property ("Bolo") has identified multiple high-priority anomalies that warrant follow-up reverse circulation (RC) drill testing. The new anomali...Read More
Full Article: Gold Demand Rose 7% in Q1 2019. A Launching Pad Higher for Gold?By: Arkadiusz SieronRead More
Cambodia's Sihanoukville Special Economic Zone is over a thousand miles from China, but you would not know it to be there.Cut into a landscape of thick jungle and paddy fields, the area - which touts itself as a landmark Belt and Road project - is a mass of freshly built white factory buildings emblazoned with names such as Fangyuan Factory, Qingdao Baoli Textile and Jinchenyuan.There runs Kinnric...Read More
Physical iron ore prices soared further on Monday May 27 on big gains in the futures and swaps markets.MB 62% Fe Iron Ore Index: $108.62 per tonne cfr Qingdao, up $3.30 per tonne. MB 62% Fe Pilbara Blend Fines Index: $106.81 per tonne cfr Qingdao, up $3.30 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $111.35 per tonne cfr Qingdao, up $2.55 per tonne. MB 58% Fe Premium Index: $99.46 per tonne c...Read More
The seaborne coking coal spot market saw thin trading on Monday May 27, with offers in the premium segment being relatively unchanged amid an absence of bids.In the second-tier hard coking coal segment, two cargoes of lower-ranked products from Australia and Canada were both offered at around $185 per tonne cfr China, according to sources.Another brand of Australian materials that sit slightly hig...Read More
Prices for seaborne iron ore concentrate and pellets picked up some strength last week amid a general upward trend in the market, though the segment remained relatively weak overall.ConcentrateThe weekly Fastmarkets MB 66% Fe Iron Ore Concentrate Index stood at $115.79 per tonne cfr China last Friday May 24, up $5.80 per tonne from a week earlier.The daily Fastmarkets MB 65% Fe Iron Ore Index aver...Read More