Canada's Goldcorp (TSX:G) (NYSE: GG) said workers at its Cerro Negro mine in Argentina have returned to work, after an illegal strike at the gold producing operation, the company's biggest in the South American country.Mining stopped on March 8, when members of the Asociaci??n Obrera Minera Argentina (AOMA) downed tools, and processing activities also ceased following the exhaustion of surface sto...Read More
Canada's Goldcorp (TSX:G) (NYSE: GG) said workers at its Cerro Negro mine in Argentina have returned to work, after an illegal strike at the gold producing operation, the company's biggest in the South American country.Mining stopped on March 8, when members of the Asociaci??n Obrera Minera Argentina (AOMA) downed tools, and processing activities also ceased following the exhaustion of surface sto...Read More
* GRAPHIC-2019 asset returns: (Adds closing prices, updates trade war)By Zandi ShabalalaLONDON, March 14 (Reuters) - Copper prices dropped onThursday as industrial output in top metals consumer China fellto a 17-year low in the first two months of 2019, while LMEstocks of the metal used in power and construction rose.Other Chinese data showed a mixed picture as the joblessrate climbed but property...Read More
(Updates prices) * British lawmakers vote on whether to delay Brexit later inday * Silver falls for first time in five sessionsBy Sumita LayekMarch 14 (Reuters) - Gold fell on Thursday, breaking belowkey technical support at $1,300, as the dollar edged up afterBritish lawmakers voted against a no-deal Brexit, while gains inEuropean stocks further dented bullion's allure.Spot gold was down 1 percen...Read More
(Adds details from GE, analyst comment, updates share price)By Alwyn Scott and SanjanaShivdasMarch 14 (Reuters) - General Electric Co ChiefExecutive Larry Culp on Thursday set conservative profit targetsfor this year and staked his reputation on hitting them anddoing better in 2020 and beyond, igniting a rally in the stock.Culp's detailed pep talk, which drew praise from Wall Streetanalysts on a c...Read More
* Lawmakers vote to seek Brexit delay * Traders now preparing for third vote on deal next week* Sterling swings wildly in unpredictable week * Graphic: World FX rates in 2019* Graphic: Trade-weighted sterling since Brexit vote (Writes through after parliamentary votes, adds quotes)By Tommy Wilkes and Sujata RaoLONDON, March 14 (Reuters) - Sterling retreated on Thursdayas investors prepared for Pri...Read More
Para Resources (TSXV: PBR) announced this week that it successfully tested the full CIP circuit at its Gold Road mine in Oatman, Arizona, including a test pour of gold.In a press release, the Vancouver-based miner said that a 40-ounce dor?(C) bar was poured on March 11, 2019, from the initial carbon strips after the entire plant was balanced.Para also reported that the full circuit of mining, crus...Read More
Para Resources (TSXV: PBR) announced this week that it successfully tested the full CIP circuit at its Gold Road mine in Oatman, Arizona, including a test pour of gold.In a press release, the Vancouver-based miner said that a 40-ounce dor?(C) bar was poured on March 11, 2019, from the initial carbon strips after the entire plant was balanced.Para also reported that the full circuit of mining, crus...Read More
American Battery Metals (CSE: ABC) announced that later this month it will start an exploration program at its Temple Mountain vanadium property in Emery County, Utah.With $1.5 million in funding, the campaign will be comprised of radon geophysical surveying, trenching and sampling, and reverse circulation drilling of 10 holes for 3,000 feet.According to American Battery Metals, the geophysical su...Read More
American Battery Metals (CSE: ABC) announced that later this month it will start an exploration program at its Temple Mountain vanadium property in Emery County, Utah.With $1.5 million in funding, the campaign will be comprised of radon geophysical surveying, trenching and sampling, and reverse circulation drilling of 10 holes for 3,000 feet.According to American Battery Metals, the geophysical su...Read More
* FTSE 100 up 0.4 pct * FTSE 250 up 0.6 pct * Oil majors, financials lead gains* TUI jumps on analyst rating upgrade* Anglo American, CRH fall on ex-dividend trading * Just Group tanks after equity raising plans * Marshalls hits life high on upbeat results (Updates with closing prices)By Shashwat Awasthi and Muvija MMarch 14 (Reuters) - UK shares bagged another session ofgains as financials cheere...Read More
* Another Brexit votes loom * Goldman Sachs more optimistic * Leonardo top gainer after results * Lufthansa, autos falls (Adds closing prices, details)By Julien Ponthus and Helen ReidLONDON, March 14 (Reuters) - European shares rose to afive-month high on Thursday, boosted by strength in the bankingsector after Britain's parliament voted to reject a disorderlyBrexit.Sentiment improved from cautiou...Read More
Africa-focused Gem Diamonds (LON:GEMD) has sold a 13.33 carat pink diamond recovered at its flagship Let??eng mine in Lesotho last month for $8.8 million.The high-quality pink colour type I diamond sold at a tender in Antwerp, Belgium, achieving a record price per carat of almost $657,000.Let??eng mine is well-known for yielding some extraordinary diamonds, such as the 910-carat "Lesotho Legen...Read More
Africa-focused Gem Diamonds (LON:GEMD) has sold a 13.33 carat pink diamond recovered at its flagship Let??eng mine in Lesotho last month for $8.8 million.The high-quality pink colour type I diamond sold at a tender in Antwerp, Belgium, achieving a record price per carat of almost $657,000.Let??eng mine is well-known for yielding some extraordinary diamonds, such as the 910-carat "Lesotho Legen...Read More
Pakistan's military is taking a key role in the development of one of the w...Read full newsRead More
Pan African Minerals, a unit of Timis Mining Corp., won't resume production at its Tambao mine in Burkina Faso as a Paris-based arbitration court has dismissed the company's $2.2 billion claim against the West African nation.Tambao, one of the world's largest manganese mines, was forced to halt activities in 2015 following a change in leadership in Burkina Faso. The company then asked the Inter...Read More
Pan African Minerals, a unit of Timis Mining Corp., won't resume production at its Tambao mine in Burkina Faso as a Paris-based arbitration court has dismissed the company's $2.2 billion claim against the West African nation.Tambao, one of the world's largest manganese mines, was forced to halt activities in 2015 following a change in leadership in Burkina Faso. The company then asked the Inter...Read More
Barrick Gold is dropping its takeover bid for Newmont Mining as the two companies agree to form a joint venture to combine their Nevada mining operationsRead full newsRead More
The venture, which replaces a hostile takeover bid by Barrick, could produce synergies of $4.7 billion without the integration issues of a merger. It may have been what both companies were looking for all along.Read full newsRead More
Gold jumped to 4-hour 200-candle moving average (MA) of $1,311 earlier today, as expected, but failed to take out the key hurdle and is currently trading at $1,308. The hourly chart relative strength index (RSI) has rolled over from the overbought territory, creating lower highs in favor of the bears. Meanwhile, rejection at the 200-candle MA has strengthened the bearish case put forwa...Read More