Venezuela is reaching for its last card as the deck collapses on President Nicolas Maduro's failed regime.The country is selling its gold in order to provide liquidity for imports of basic goods.You know your regime's days are numbered when you start eyeing your bullion. Indeed gold's status as store of value, as money, the only currency available when yours is worthless, has come into play with r...Read More
EMX Royalty (TSXV: EMX), a royalty holder on the Gumsberg project in Sweden, announced this week that operator Boreal Metals (TSXV:BMX) discovered a high-grade zone of zinc-silver-lead-gold mineralization, named the South Zone, at the property. In a press release, EMX explained that the South Zone occurs near the historic ?-stra Silvberg mine, and is currently delineated as 130 meters of eastward...Read More
EMX Royalty (TSXV: EMX), a royalty holder on the Gumsberg project in Sweden, announced this week that operator Boreal Metals (TSXV:BMX) discovered a high-grade zone of zinc-silver-lead-gold mineralization, named the South Zone, at the property. In a press release, EMX explained that the South Zone occurs near the historic ?-stra Silvberg mine, and is currently delineated as 130 meters of eastward...Read More
EMX Royalty (TSXV: EMX), a royalty holder on the Gumsberg project in Sweden, announced this week that operator Boreal Metals (TSXV:BMX) discovered a high-grade zone of zinc-silver-lead-gold mineralization, named the South Zone, at the property. In a press release, EMX explained that the South Zone occurs near the historic ?-stra Silvberg mine, and is currently delineated as 130 meters of eastward...Read More
Silver recently started outperforming gold again, a watershed event. For long years this white metal has mostly lagged the yellow one, relentlessly battering silver sentiment. But gold surging into year-end 2018 finally sparked some life into moribund silver. This is a bullish sign, as silver has soared in the past once rising prices reach critical mass in attracting new investment capital. Silver...Read More
Seven people conducting illegal mining activities in the Quispicanchi province of southeastern Peru were issued sentences of five to six years in jail by the regional Environmental Prosecutor's Office in Cusco.According to a media statement released by the prosecutor, this is the first time that his office is actually able to issue this type of sentence. He said it will set a precedent to address...Read More
Seven people conducting illegal mining activities in the Quispicanchi province of southeastern Peru were issued sentences of five to six years in jail by the regional Environmental Prosecutor's Office in Cusco.According to a media statement released by the prosecutor, this is the first time that his office is actually able to issue this type of sentence. He said it will set a precedent to address...Read More
Irish researchers found a way to treat osteomyelitis, a particularly difficult-to-treat bone infection, using copper.In a paper published in the journal Biomaterials, the scientists explain that the method they are using to treat the infection involves an implant designed specifically for bone repair into which they incorporate copper particles and bioactive glass.The study's first author Emily Ry...Read More
Irish researchers found a way to treat osteomyelitis, a particularly difficult-to-treat bone infection, using copper.In a paper published in the journal Biomaterials, the scientists explain that the method they are using to treat the infection involves an implant designed specifically for bone repair into which they incorporate copper particles and bioactive glass.The study's first author Emily Ry...Read More
Irish researchers found a way to treat osteomyelitis, a particularly difficult-to-treat bone infection, using copper.In a paper published in the journal Biomaterials, the scientists explain that the method they are using to treat the infection involves an implant designed specifically for bone repair into which they incorporate copper particles and bioactive glass.The study's first author Emily Ry...Read More
A study by Wood Mackenzie forecasts that global lead production, excluding that of China, will increase in 2019 by about 250 kt, which is equivalent to over 10% of current output.According to the market analyst, approximately 90 kt are due to stem from Goldcorp's (TSX:G) (NYSE:GG) Pe??asquito, thus, developments at the Mexican mine will have a major bearing on whether the overall increase actually...Read More
A study by Wood Mackenzie forecasts that global lead production, excluding that of China, will increase in 2019 by about 250 kt, which is equivalent to over 10% of current output.According to the market analyst, approximately 90 kt are due to stem from Goldcorp's (TSX:G) (NYSE:GG) Pe??asquito, thus, developments at the Mexican mine will have a major bearing on whether the overall increase actually...Read More
The outlook for Rio Tinto, the world's second largest miner by market capitalisation, is positive over the coming years, according to a new report by Fitch Solutions. Rio has the expertise and capital to develop the most lucrative and largest mines in the world, and the miner has achieved higher profits year-over-year in H118, despite cost inflation.Rio Tinto's performance will continue improving...Read More
The outlook for Rio Tinto, the world's second largest miner by market capitalisation, is positive over the coming years, according to a new report by Fitch Solutions. Rio has the expertise and capital to develop the most lucrative and largest mines in the world, and the miner has achieved higher profits year-over-year in H118, despite cost inflation.Rio Tinto's performance will continue improving...Read More
The outlook for Rio Tinto, the world's second largest miner by market capitalisation, is positive over the coming years, according to a new report by Fitch Solutions. Rio has the expertise and capital to develop the most lucrative and largest mines in the world, and the miner has achieved higher profits year-over-year in H118, despite cost inflation.Rio Tinto's performance will continue improving...Read More
Newmont Mining Corp. should regain its crown as the world's biggest gold producer once it completes its $10 billion acquisition of Canada's Goldcorp later this year.Read full newsRead More
Courts in Brazil have ruled that up to 12.6 billion Reais ($3.44 billion) of Vale's assets and resources will be frozen after the rupture of a tailings dam at Vale's C??rrego do Feij??o iron ore mine, the miner stated on Friday February 1.The federal prosecutors' office, state prosecutors and the state government of Minas Gerais, where Feij??o is located made most of the complaints. Additionally,...Read More
China's crude stainless steel output rose 3.6% to a new high in 2018, according to data released by the China Stainless Steel Council.The country produced 26.71 million tonnes of crude stainless steel last year, up 940,000 tonnes from 25.77 million tonnes a year earlier, according to the statistics released late on Thursday January 31. Of the total, 48% or 12.82 million tonnes consisted of 300-ser...Read More
Eastern China's Shagang has increased the prices for its long steel products for orders booked in the first 20 days of February.The mill is selling its HRB400 16-25mm rebar at 3,900 yuan ($582) per tonne over the February 1-20 period, up 20 yuan per tonne from its last set of prices, it said on Friday February 1.Shagang is also...Read More
The United States pig iron market continued to be plagued by uncertainty during the week ended Friday February 1 due to unclear price trends for scrap and hot-rolled coil. Fastmarkets' import price assessment for pig iron in the US was $340-345 per tonne cfr on Friday, narrowing downward from $340-350 per tonne cfr a week before.The market level was estimated by sources at $340-345 per tonne cfr i...Read More