A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power tends to be unreliable in those mines, mining companies operating in the region should invest in renewable energy.According to the market research firm, off-grid mines could benefit from reducing their dependency on diesel while...Read More
A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power tends to be unreliable in those mines, mining companies operating in the region should invest in renewable energy.According to the market research firm, off-grid mines could benefit from reducing their dependency on diesel while...Read More
A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power tends to be unreliable in those mines, mining companies operating in the region should invest in renewable energy.According to the market research firm, off-grid mines could benefit from reducing their dependency on diesel while...Read More
A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power tends to be unreliable in those mines, mining companies operating in the region should invest in renewable energy.According to the market research firm, off-grid mines could benefit from reducing their dependency on diesel while...Read More
Canadian bullion producer IAMGOLD Corp. (TSX: IMG) (NYSE: IAG) reported a 23% increase in its proven and probable gold Reserves, which reached 17.9 million ounces at the end of 2018 due to the conversion of resources to reserves at the Saramacca deposit in Suriname, the C??t?(C) gold project in Ontario, and the Boto gold project in eastern Senegal.At the end of 2017, the miner's reserves were 4.5...Read More
Canadian bullion producer IAMGOLD Corp. (TSX: IMG) (NYSE: IAG) reported a 23% increase in its proven and probable gold Reserves, which reached 17.9 million ounces at the end of 2018 due to the conversion of resources to reserves at the Saramacca deposit in Suriname, the C??t?(C) gold project in Ontario, and the Boto gold project in eastern Senegal.At the end of 2017, the miner's reserves were 4.5...Read More
"Canada Cobalt Drills into Bonanza Grades at Castle -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals --Read the News Release here: https://t.co/oTNnp0c7gh"Read full newsRead More
* FTSE 100, FTSE 250 up 0.7 pct * Sainsbury's tanks as CMA objects to Asda deal * Lloyds, Glencore shine after results * Financials, miners lead main index higher * Intu Properties slips among mid-caps * Flybe soars on alternate financing proposal (Adds company news items, updates to closing prices)By Shashwat Awasthi and Muvija MFeb 20 (Reuters) - London's main bourse rose as Lloydsgained after p...Read More
Miner and commodities trader Glencore (LON:GLEN), one of the world's top coal exporters, has yielded to investor pressure to embrace a "low-carbon economy" by announcing it will cap production of the fossil fuel to align its business strategy with the goals of the Paris climate agreement.The unexpected move will also see the Swiss miner setting new targets for cutting emissions from both its activ...Read More
Big action in gold right now.Everyone is excited about gold and gold miners.We are getting up to some critical resistance areas. Produced by HoweStreet.com Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.Follow HoweStreet.com and get email alertsRead More
The Gold Coast used to be a gravy train for Republicans, but it could be at risk for the 2020 elections.Read full newsRead More
Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) and Tanzania have arrived at a plan to settle disputes between the miner's 63.9%-owned Acacia Mining (LON:ACA) and the country's government, which includes a $300 million payment to resolve tax claims in the East African nation.Among the proposals put forward, Barrick offered to create a local operating company in Tanzania and share economic benefits fro...Read More
Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) and Tanzania have arrived at a plan to settle disputes between the miner's 63.9%-owned Acacia Mining (LON:ACA) and the country's government, which includes a $300 million payment to resolve tax claims in the East African nation.Among the proposals put forward, Barrick offered to create a local operating company in Tanzania and share economic benefits fro...Read More
Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) and Tanzania have arrived at a plan to settle disputes between the miner's 63.9%-owned Acacia Mining (LON:ACA) and the country's government, which includes a $300 million payment to resolve tax claims in the East African nation.Among the proposals put forward, Barrick offered to create a local operating company in Tanzania and share economic benefits fro...Read More
Published7:56PM ET Tue, 19 Feb 2019Updated6 Hours AgoReuters Getty ImagesPalladium jumped above the $1,500 per ounce mark for the first time on Wednesday, propelled by a stark supply deficit, while gold hit a 10-month high on a weaker dollar as investors awaited cues on U.S. monetary policy.Spot palladium, which traded as high as $1,502 per ounce, was up 0.74 percent at $1,490.50 at 1:52 p.m. EST...Read More
Both the technicals and the fundamentals are now firmly in favor of gold. This is good, and there's more to come, asserts gold sector expert Brien Lundin, editor of Gold Newsletter.Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed higher Tuesday, coming off its eighth straight weekly gain. The Nasdaq edged higher - it has closed higher for six straight sessions.Walmart Inc. (WMT) rose 2.23% to $102.22, after the world's largest retailer posted adjusted earnings in its fourth quarter of $1.41 a share, beating analysts' f...Read More
Wide contangoes on the London Metal Exchange were supporting global aluminium premiums on Tuesday February 19, with premiums in Europe, the United States and Japan all rising. Contango on LME offsets slow demand for duty-unpaid metal in Europe.Market participants in Asia expect higher premiums on wide spreads.US Midwest premium increases week-on-week in liquid market.Brazil aluminium premiums mixe...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 19.Please click...Read More
A consortium of metals and mining industry participants has teamed up with a blockchain technology firm to develop a platform to improve supply chain management and create efficiencies in the sector.Following its series on the role of blockchain in commodities trade finance, Fastmarkets looks next at the digitization of supply chain management.A consortium of metals and mining industry participant...Read More