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Namdeb offers cheaper houses to staff

July 28, 2019 / www.idexonline.com

Diamond mining giant Namdeb, owned 50/50 by the Namibian government and De Beers Group has signed a historic three-year substantive wage agreement with the Mineworkers Union of Namibia (MUN) that unlocks new opportunities for the parties and the town of Oranjemund. The agreement signed by Namdeb CEO Riaan Burger and MUN branch chairperson Shavuka Mbidhi on Friday will enable Namdeb employees to pu...Read More

Fitsch Solutions remains cautious on chances for Angola's diamonds sector

July 28, 2019 / www.idexonline.com

Fitsch Solutions. a risk management agency, reported that Endiama, Angola's state-owned diamond mining company, will be privatized, with a portion of its capital to be sold on the country's growing stock exchange, the BODIVA. Fitsch reported that in May 2019, President Lourenco had presented a plan to create a National Solid Mineral Resources Agency in 2020 that will replace Endiama as...Read More

Berenberg downgrades Petra Diamonds

July 27, 2019 / www.idexonline.com

Berenberg downgraded Petra Diamonds Ltd as it is concerned that the miner to will need an equity financing soon. The bank, which had upgraded Petra in April, as planned deleveraging was expected to drive an equity re-rating, cut its rating back to 'sell. Petra's latest quarterly statement and guidance for 2020 highlighted that deleveraging "would be slower than we had anticipated". Furt...Read More

This Amazing White Dwarf Discovery Could Be a 'Gold Mine' for Physicists

July 28, 2019 / dlvr.it

Scientists have discovered a pair of white dwarfs that might one day produce a major gravitational wave discovery, according to a new paper.Read full newsRead More

Australia's Newcrest Mining fourth-quarter gold output climbs 4%, beats estimate

July 28, 2019 / dlvr.it

Gold miner Newcrest Mining Ltd said on Thursday its gold output rose 4.2% in the...Read full newsRead More

This Amazing White Dwarf Discovery Could Be a 'Gold Mine' for Physicists

July 28, 2019 / dlvr.it

Scientists have discovered a pair of white dwarfs that might one day produce a major gravitational wave discovery, according to a new paper.Read full newsRead More

Silver Outperforming Gold: Update

July 29, 2019 / www.miningfeeds.com

Silver has blasted higher in the last couple weeks, far outperforming gold. This is certainly noteworthy, as silver has stunk up the precious-metals joint for years. This deeply-out-of-favor metal may be embarking on a sea-change sentiment shift, finally returning to amplifying gold's upside. Silver is not only radically undervalued relative to gold, but investors are aggressively buying. Silver's...Read More

Why I Do This

July 25, 2019 / www.outsiderclub.com

"The world is a book and those who do not travel read only one page." - St. AugustineOne day, many years ago, I decided I needed to do something drastic... I was a few years into writing The Crow's Nest, but I had not nailed any massive stocks. I had some success, for sure...Read More

Why I Moved Some Retirement Funds to Cash

July 24, 2019 / www.outsiderclub.com

I once heard a very good investor say: "Be very careful taking advice from anyone that hasn't successfully navigated a meaningful amount of capital through a bear market."We haven't been through one of those in almost 11 years. I've been at this desk for over 12 years. My introduction to this space was the worst financial crisis and stock crash since the Great Depression. I saw what led up to it...Read More

Silver Outperforming Gold: Update

July 29, 2019 / www.miningfeeds.com

Silver has blasted higher in the last couple weeks, far outperforming gold. This is certainly noteworthy, as silver has stunk up the precious-metals joint for years. This deeply-out-of-favor metal may be embarking on a sea-change sentiment shift, finally returning to amplifying gold's upside. Silver is not only radically undervalued relative to gold, but investors are aggressively buying. Silver's...Read More

Dow Gains as Investors Prepare for First Rate Cut in 10 Years - TheStreet

July 30, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished up Monday as investors prepared this week for a likely quarter-point rate cut from the Federal Reserve and earnings from nearly a third of the companies in the S&P 500. Mylan (MYL) and Pfizer (PFE) agreed to combine their off-patent drug businesses in an all-stock deal. Mylan is Real Money's...Read More

INTERVIEW: Better community relations a key Alunorte takeaway, says Norsk Hydro CEO

July 30, 2019 / www.metalbulletin.com

Norsk Hydro learned some important lessons from its experiences following heavy rainfall at its Alunorte refinery in Brazil, particularly the need to improve community relations, chief executive officer Hilde Merete Aasheim said. Alunorte has been a "very difficult situation" for Hydro for the past 18 months, she told Fastmarkets during an interview in New YorkHeavy rainfall in Par?? in February l...Read More

INTERVIEW: Trade tensions hinder investors, growth, Norsk Hydro CEO says

July 30, 2019 / www.metalbulletin.com

The uncertainty created by trade tensions, including the potential for US tariffs on the automotive sector, is deterring investment decisions in the industry and leading to reduced forecasts for growth, according to Norsk Hydro's chief executive officer. One of the key reasons why the Norwegian aluminium producer lowered its demand growth expectations for the metal in 2019 was the insecurity...Read More

LIVE FUTURES REPORT 29/07: LME nickel rebounds by 1.4% despite thin volumes in most

July 30, 2019 / www.metalbulletin.com

Base metals prices other than tin and lead had rebounded by the kerb close on the London Metal Exchange on Monday July 29 despite thin trading volumes and a stronger US dollar index.After a cautious start to the day, most of the base metals made gains in anticipation of tomorrow's trade meeting between the United States and China, the release of Chinese economic data and a Federal Open Markets Com...Read More

GLOBAL VANADIUM WRAP: China drives European FeV prices higher; China V2O5 price up 3%

July 30, 2019 / www.metalbulletin.com

The rise in Chinese ferro-vanadium prices continued to be the principal driver for the European market in the week ended Friday July 26, pushing prices above $30 per kg. Chinese, European ferro-vanadium prices continue to climb on improved sentiment V2O5 price in China moves up 3.1% amid tightness, but Europe lags behind US prices unchanged on quiet spot market.Despite the lack of transactions, th...Read More

Metal Tiger invests in unlisted Australian explorer

July 29, 2019 / www.mining-journal.com

Metal Tiger has agreed to invest A$500,000 for 15% of Cobre, and a further $2 million as part of an initial public offering, to be completed in the next 12 months.Read More

Tinka hits higher grade at Ayawilca

July 29, 2019 / www.mining-journal.com

Drilling within the defined resource envelope at South Ayawilca intercepted thick zones of zinc mineralisation at higher than expected grades and almost double the average grade of the zinc resource. Drilling also intercepted a weakly-mineralised limestone layer which supports the company's thesis of possible limestone-hosted zinc mineralisation under the existing resource.South Ayawilca drilling...Read More

What Will the Future Hold for CBD?

July 29, 2019 / kincommunications.com

CBD is one of the most popular trends in the cannabis industry, but will the FDA's disapproval pose a significant problem for the up-and-coming cannabinoid?As it stands now, CBD is showing remarkable strength with a CAGR of 107%, growing to $23.7 billion through 2023. [1] However, as of last week, the FDA is cracking down on CBD companies such as Curaleaf Holdings (CSE: CURA | OTCQX: CURLF) over h...Read More

GLOBAL CHROME WRAP: UG2 ore prices continue to surge in China

July 30, 2019 / www.metalbulletin.com

Prices for UG2 chrome ore in China rose strongly for the second consecutive week over the seven days ended Friday July 26, but weak profitability for smelters raised questions about the durability of this recovery. UG2 ore market in China increases by $7 per tonne Domestic spot alloy price rises in China, imported alloy stable High carbon alloy prices in Europe, US stableThe chrome ore price conti...Read More

Siyata Mobile Launches UV350 with Leading National Saudi Arabia Cellular Operator

July 29, 2019 / kincommunications.com

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received an initial purchase order of $130,000 through a leading Saudi Arabian cellular operator to equip a fleet of emergency response vehicles for a single end-use customer with its UV350, an LTE all-in-one in-vehicle smartphone.Saudi Arabia is the Gulf Cooperation...Read More

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