Charles Wyndham has been in the diamond industry for over 40 years. He was a director of the CSO, De Beers' selling arm, before deciding to leave De Beers to set up his own diamond businesses in 1995. He is co-founder of WWW International Diamond Consultants Ltd. (WWW) and is engaged in related businesses, mainly with others whose skills are based on the company's expertise in technology, the gath...Read More
Rory Johnston is a commodity economist covering energy and metal markets in Scotiabank's Economics department. His research includes the Scotiabank Commodity Price Index (a monthly assessment of developments affecting the prices of major Canadian export commodities), contributions to Scotiabank's Global Outlook (the department's flagship quarterly forecast), as well as notes on various topics of i...Read More
Mawson Resources (TSX: MAW; US-OTC: MWSNF) has tabled a maiden resource for its Rajapalot gold-cobalt project in Finland that it says has plenty of room for expansion.The project contains a pit and underground constrained 4.3 million inferred tonnes grading 2.3 grams gold per tonne and 430 ppm cobalt, or 3.1 grams gold equivalent, for 320,000 oz. gold and 1,841 tonnes cobalt. Unconstrained, the pr...Read More
Turkish steel producers remained out of the deep-sea scrap markets because of weakening demand for finished steel and falling prices, sources said on Monday December 17.Although some suppliers in the Baltic region reduced their offers to $300-305 per tonne cfr levels for HMS 1&2 (80:20), mills in Turkey were not enticed."I heard offers from Baltic Sea are at $300 per tonne cfr and little above, bu...Read More
Assays from the Eleanore South joint venture continue to include high grade gold intersections. The JV consists of the operator and 26.6% owner Azimut Exploration, Eastmain Resources (36.7%) and Goldcorp (36.7%). The property is adjacent to Goldcorp's Eleonore gold project in the James Bay region.Highlights of recent drilling include the following:Hole ES18-133: 14.7 g/t gold over 6.2 metres,...Read More
The Bedford Consulting Group released its annual survey of executive and board compensation in the mining industry and revealed that, within the nearly 200 companies in their sample, only 13% of board members are women.Even lower, when it came to analyzing named executive officers in mining firms, only 8% were women. The most common executive role held by these women is CFO.Looking at compensation...Read More
"Investors are flocking to gold in the fourth quarter, as volatile markets and a trade dispute have boosted demandhttps://t.co/wym3nHX9s3 via @WSJ"Read full newsRead More
"The Randgold and Barrick merger has passed the final milestone, meaning the Mark Bristow-led miner will quit #London on December 31. https://t.co/bEbHIeQODv $RRS $ABX #gold"Read full newsRead More
"Home prices in Vancouver just fell by the most in a decade, extending a recent run of declines for Canada's most expensive real estate market https://t.co/kGkTiUXrQ4 via @markets"Read full newsRead More
The planned merger, which creates the world's top gold miner by value and output, has been approved by the Royal Court of Jersey.Read full newsRead More
Alex Lane, portfolio manager at Dynamic Funds, says major consolidation is needed among resources companies in Canada. He says there are too manyRead full newsRead More
Daimler will buy battery cells worth more than 20 billion euros ($23 billion) by...Read full newsRead More
The end of QE does not just show the failure of the ECB's policy. It highlights the failure of governments' economic policies...Read full newsRead More
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