Canada's Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star.DYD International Holdings was founded by Didier Drogba, an ex Chelsea Football Club striker who also represented Ivory Coast's national team, received about one million shares in Endeavour...Read More
Canada's Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star.DYD International Holdings was founded by Didier Drogba, an ex Chelsea Football Club striker who also represented Ivory Coast's national team, received about one million shares in Endeavour...Read More
Orestone Mining (TSXV: ORS) is staking an additional Cu-Au porphyry target at its Captain property in north-central British Columbia, Canada.In a press release, the company revealed that the new Cu-Au porphyry target, called Max, is located 7 kilometres northwest of its main East Admiral Au-Cu porphyry target."The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusi...Read More
• Dovish Fed expectations keep the USD bulls on the defensive and helped regain traction. • Bulls seemed rather unaffected by fresh US-China trade optimism/risk-on mood. • Market participants now eye US consumer inflation figures for some fresh impetus. Gold regained positive traction on the last trading day of the week and has...Read More
Orestone Mining (TSXV: ORS) is staking an additional Cu-Au porphyry target at its Captain property in north-central British Columbia, Canada.In a press release, the company revealed that the new Cu-Au porphyry target, called Max, is located 7 kilometres northwest of its main East Admiral Au-Cu porphyry target."The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusi...Read More
Orestone Mining (TSXV: ORS) is staking an additional Cu-Au porphyry target at its Captain property in north-central British Columbia, Canada.In a press release, the company revealed that the new Cu-Au porphyry target, called Max, is located 7 kilometres northwest of its main East Admiral Au-Cu porphyry target."The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusi...Read More
First Vanadium (TSXV: FVAN) reported this week positive results from 17 confirmation drill holes within and along a 1,220 metres corridor of mineralization at its Carlin vanadium project.The project is located 6 miles south of Carlin city and consists of 72 unpatented mining claims covering 1,140 acres. It was explored and drilled by Union Carbide Corporation in the late 1960s and such exploration...Read More
* Copper on track for biggest weekly jump since Nov. * Dollar claws back earlier losses but metals hold up * Zinc backwardation eases (Adds closing prices, updates dollar, headline)By Zandi ShabalalaLONDON, Jan 11 (Reuters) - Copper prices rose on Friday onhopes for a thaw in a trade dispute between Washington andBeijing, as the two sides prepared for more talks to resolvetheir issues.U.S. officia...Read More
"Slickest Annual Wealth-Transfer from Taxpayers to Banks via the Fed: Fed Paid Banks $38.5 Billion in Interest on "Reserves" in 2018. Normally this would be ironic: The Fed doesn't need to borrow and so wouldn't pay interest. But these are not normal timeshttps://t.co/tD0p8SCyMa"Read full newsRead More
World famous jeweller Tiffany & Company has launched an initiative to provide greater transparency about the origins of its diamonds to customers, from miners to retailers.Following in the footsteps of the world's No. 1 diamond miner, De Beers, which is testing a blockchain technology-based platform aimed at clearing the supply chain of imposters and conflict diamonds, Tiffany has begun tracing ea...Read More
World famous jeweller Tiffany & Company has launched an initiative to provide greater transparency about the origins of its diamonds to customers, from miners to retailers.Following in the footsteps of the world's No. 1 diamond miner, De Beers, which is testing a blockchain technology-based platform aimed at clearing the supply chain of imposters and conflict diamonds, Tiffany has begun tracing ea...Read More
Published 23 Hours AgoUpdated5 Hours AgoReuters Getty ImagesGold edged higher on Friday and was on track for its fourth successive weekly gain, as U.S. stocks slipped and expectations rose that the U.S. Federal Reserve might halt its monetary policy tightening cycle.Spot gold was up 0.1 percent at $1,287.76 an ounce by 2:50 p.m. ET. U.S. gold futures settled $2.10 higher at $1,289.50 per ounce. "...Read More
"Would you pay $75,000 for your very own gold mine? Remote New Zealand hut with access to one of the richest rivers in the WORLD hits the market - and the payoff could be huge https://t.co/YR8PqojUq9"Read full newsRead More
"Maya Gold & Silver has declared commercial production at its Zgounder silver mine in what the company calls a "major milestone." https://t.co/x8bcTg9aQi #MayaGoldSilver #gold #mining #investing #INN"Read full newsRead More
"Dacian Gold (ASX:DCN) announced Wednesday that commercial production has begun at its Mount Morgans gold operation in Western Australia. https://t.co/Z8KNWU7Zss #daciangold #mining #gold #INN"Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Thursday, bringing its winning streak to five straight sessions.Ford Motor Co. (F) declined 0.5% after the automaker said it would exit some of Europe's biggest markets and cut thousands of jobs as car sales around the world slumped.Macy's Inc. (M) fell 17.7% after the retailer revise...Read More
Base metals prices on the London Metal Exchange had mixed fortunes at the close of trading on Thursday January 10, with zinc's three-month price continuing its downtrend while positive US job data spurred a marginal uptick in the US dollar index.Zinc's three-month price continued to trade in a downtrend over the afternoon, closing 1.2% lower day on day and falling further from its support level of...Read More
The London Metal Exchange has altered its fee-cap structure to accommodate position transfers related to the United Kingdom's impending exit from the European Union (Brexit), in line with the requirements of its membership base, according to a note released to members on Tuesday January 8.Previously, the LME's position transfers, which are a common feature in exchange-traded derivatives markets an...Read More
Zinc came under pressure on the London Metal Exchange in morning trading on Thursday January 10, shrugging off continued market optimism about recent US-China trade talks.The three-month zinc price fell 1.2%, ignoring the continued drawdown of LME inventories - only 109,025 tonnes are now on-warrant. Additionally, the metal's cash/three-month spread remains in a backwardation of $21.50, narrowing...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday January 10 that are worth another look.Chinese central government regulators will begin a new round of environmental protection inspections in the country's metals and mining industry this year, which will take about four years to complete. The volatility in manganese ore prices should rise in 2019 while increases in...Read More