Recent News

Brazilian court freezes $260 million from Vale's accounts

March 18, 2019 / www.mining.com

A Brazilian court has ordered iron ore miner Vale (NYSE:VALE) to freeze 1 billion reais (about $260 million) in funds as compensation for affected communities following the January dam disaster at the company's Corrego do Feij??o mine, which left at least 300 people dead."In addition to the block of funds, the decision also requires that Vale pays for the sheltering, lodging, maintenance and feedi...Read More

Smartphone Shipments In #China Collapse To Six Year Low | Zero Hedge

March 18, 2019 / www.zerohedge.com

Shipments to China came in at 14.5 million units for February, down 19.9% from last year - a six year low. Read full newsRead More

De Beers, Botswana to expand world's richest diamond mine

March 18, 2019 / www.mining.com

Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, have awarded Thiess' subsidiary CIMIC a $1.2-billion contract to extend the lifespan of their Jwaneng mine.Jwaneng, which began operations in 1982, is currently 650 metres deep, but its owners want to deepen the pit to 830 meters (2,700 feet), which will allow continuing operations f...Read More

De Beers, Botswana to expand world's richest diamond mine

March 18, 2019 / www.mining.com

Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, have awarded Thiess' subsidiary CIMIC a $1.2-billion contract to extend the lifespan of their Jwaneng mine.Jwaneng, which began operations in 1982, is currently 650 metres deep, but its owners want to deepen the pit to 830 meters (2,700 feet), which will allow continuing operations f...Read More

De Beers, Botswana to expand world's richest diamond mine

March 18, 2019 / www.mining.com

Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, have awarded Thiess' subsidiary CIMIC a $1.2-billion contract to extend the lifespan of their Jwaneng mine.Jwaneng, which began operations in 1982, is currently 650 metres deep, but its owners want to deepen the pit to 830 meters (2,700 feet), which will allow continuing operations f...Read More

Kyrgyz and Turkish miners join forces to develop gold projects in Central Asia

March 18, 2019 / www.mining.com

Kyrgyz gold producer Chaarat (AIM:CGH) and Turkish mining and mine construction contractor ??iftay ??nsaat Tahh? 1/4 t ve Ticaret signed today a binding term sheet to enter into a joint venture with the idea of collaborating on the Tulkubash and Kyzyltash projects in the Kyrgyz Republic.In a press release, the companies explained that even though they have worked together since 2017 and that in 20...Read More

Kyrgyz and Turkish miners join forces to develop gold projects in Central Asia

March 18, 2019 / www.mining.com

Kyrgyz gold producer Chaarat (AIM:CGH) and Turkish mining and mine construction contractor ??iftay ??nsaat Tahh? 1/4 t ve Ticaret signed today a binding term sheet to enter into a joint venture with the idea of collaborating on the Tulkubash and Kyzyltash projects in the Kyrgyz Republic.In a press release, the companies explained that even though they have worked together since 2017 and that in 20...Read More

UPDATE 2-Third time unlucky? Pound falls as parliament bans another vote on same Brexit deal

March 18, 2019 / www.kitco.com

* Pound drops as chances of third Brexit vote diminish * But some see upside potential on lengthy Brexit delay * BOE meeting eyed though unlikely to change outlook (Adds parliament speaker, updates prices)By Tom FinnLONDON, March 18 (Reuters) - Sterling dropped below $1.32 onMonday after the speaker of Britain's parliament said PrimeMinister Theresa May's Brexit deal could not be voted on againunl...Read More

Havilah Resources to explore for additional copper-cobalt resources in the Mutooroo district

March 18, 2019 / www.mining.com

Havilah Resources (ASX: HAV) is planning to run a detailed, high resolution, airborne electromagnetic survey or AEM to explore for additional copper-cobalt resources in the Mutooroo copper-cobalt district, located in New South Wales, eastern Australia.The survey is planned to commence in mid-April and it is expected to take at least three weeks to complete. This type of study has never been done o...Read More

Havilah Resources to explore for additional copper-cobalt resources in the Mutooroo district

March 18, 2019 / www.mining.com

Havilah Resources (ASX: HAV) is planning to run a detailed, high resolution, airborne electromagnetic survey or AEM to explore for additional copper-cobalt resources in the Mutooroo copper-cobalt district, located in New South Wales, eastern Australia.The survey is planned to commence in mid-April and it is expected to take at least three weeks to complete. This type of study has never been done o...Read More

Havilah Resources to explore for additional copper-cobalt resources in the Mutooroo district

March 18, 2019 / www.mining.com

Havilah Resources (ASX: HAV) is planning to run a detailed, high resolution, airborne electromagnetic survey or AEM to explore for additional copper-cobalt resources in the Mutooroo copper-cobalt district, located in New South Wales, eastern Australia.The survey is planned to commence in mid-April and it is expected to take at least three weeks to complete. This type of study has never been done o...Read More

UPDATE 2-Deutsche merger move takes European stocks rally to fourth day

March 18, 2019 / www.kitco.com

* European stocks rise, led by banks, resources sectors * Commerzbank, Deutsche Bank jump on merger talkconfirmation * German stocks fall for first time in three days * Germany's Leoni slumps after scrapping 2019 profit target (Updates prices to close)March 18 (Reuters) - European stocks rose for the fourthsession in a row on Monday as a flurry of dealmaking, includingmerger talks between Deutsche...Read More

The Gold And Long-Dollar ETFs In Trading Ranges, While Commodities Poised To Pop

March 18, 2019 / seekingalpha.com

The gold shares ETF is trading between my semiannual value level at $120.36 and the Feb. 20 high at $127.21.The commodities ETF is poised to pop if it holds its 200-week SMA at $15.78 upside to its 200-day SMA at $16.48.The long dollar ETF is trading between my annual pivot at $25.47 and my semiannual risky level at $26.39.Here are the daily charts for the gold, commodities and the dollar ETFs. Th...Read More

UPDATE 3-FTSE 100 at 5-month high as pound drops amid Brexit chaos

March 18, 2019 / www.kitco.com

* FTSE 100 up 1 pct, at 5-month high * FTSE 250 about flat * Worldpay's London shares jump after buyout deal * Financial stocks up on M&A * Hunting up on rating upgrade (Adds news items, updates share moves)By Muvija M and Shashwat AwasthiMarch 18 (Reuters) - London's exporter-heavy FTSE 100 surgedto a five-month high on the back of a drop in sterling afterBritain's parliament speaker struck a...Read More

Nevada Joint Venture Creates the World's Largest Gold Mining Operation

March 18, 2019 / dlvr.it

BALTIMORE, March 14, Mar 14, 2019 (GLOBE NEWSWIRE via COMTEX) -- All amounts expressed in U.S. dollars On March 11, 2019, Barrick Gold Corporation GOLD(ABX)...Read full newsRead More

Chile's Supreme Court revokes ruling permanently closing Barrick's Pascua-Lama

March 18, 2019 / www.mining.com

Chile's Supreme Court has ruled in favour of Barrick Gold (TSX:ABX) (NYSE:GOLD), revoking the permanent closure of the Canadian miner's Pascua-Lama gold-silver project.The world's largest gold miner, which completed its merger with Randgold at the beginning of the year, said the March 14 ruling overturned the Antofagasta Environmental Court's order, issued late last year, and it also ordered...Read More

Chile's Supreme Court revokes ruling permanently closing Barrick's Pascua-Lama

March 18, 2019 / www.mining.com

Chile's Supreme Court has ruled in favour of Barrick Gold (TSX:ABX) (NYSE:GOLD), revoking the permanent closure of the Canadian miner's Pascua-Lama gold-silver project.The world's largest gold miner, which completed its merger with Randgold at the beginning of the year, said the March 14 ruling overturned the Antofagasta Environmental Court's order, issued late last year, and it also ordered...Read More

Chile's Supreme Court revokes ruling permanently closing Barrick's Pascua-Lama

March 18, 2019 / www.mining.com

Chile's Supreme Court has ruled in favour of Barrick Gold (TSX:ABX) (NYSE:GOLD), revoking the permanent closure of the Canadian miner's Pascua-Lama gold-silver project.The world's largest gold miner, which completed its merger with Randgold at the beginning of the year, said the March 14 ruling overturned the Antofagasta Environmental Court's order, issued late last year, and it also ordered...Read More

Gold Threatening Further Upside Pressure Nearer Term

March 18, 2019 / www.fxstreet.com

GOLD threatening further upside pressure nearer term as it closed higher the past week. The pair looks to move higher towards the 1,310.00 resistance zone in the new week. Further out, resistance resides at the 1,320.00 level where a break will aim at the 1,330.00 level. A turn above there will expose the 1,340.00 level. Further out, resistance stands at the 1,350.00 level. Its daily RSI is pointi...Read More

UPDATE 4-U.S. fintech to buy Worldpay as electronic payments business booms

March 18, 2019 / www.kitco.com

* Wave of mergers fuelled by shift away from cash * Deal values Worldpay at about $43 bln including debt * Worldpay shareholders to get $112.12 per share * Cash-and-stock deal offers premium of about 14 pct (Adds quotes from source close to deal, adds analyst comment)By Justin George Varghese, Rachel Armstrong and PamelaBarbagliaMarch 18 (Reuters) - U.S. fintech Fidelity NationalInformation Servic...Read More

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