AngloGold Ashanti Ltd. is considering listing its shares in either London or Toronto in a move that could see the company hive off its remaining South African operations, according to people familiar with the situation.While no final decision has been made, the world's third-largest gold producer has been discussing the plan internally and with advisers, said the people, who asked not to be identi...Read More
AngloGold Ashanti Ltd. is considering listing its shares in either London or Toronto in a move that could see the company hive off its remaining South African operations, according to people familiar with the situation.While no final decision has been made, the world's third-largest gold producer has been discussing the plan internally and with advisers, said the people, who asked not to be identi...Read More
Scotgold Resources (LON: SGZ), the company aiming at opening Scotland's first commercial gold and silver mine, said Wednesday that it was ready is to start rock-breaking in the new year after receiving the green light.The company, which completed 19 permitting conditions and other related obligations for its Cononish project, near Tyndrum, said the Loch Lomond and the Trossachs National Park Pla...Read More
Scotgold Resources (LON: SGZ), the company aiming at opening Scotland's first commercial gold and silver mine, said Wednesday that it was ready is to start rock-breaking in the new year after receiving the green light.The company, which completed 19 permitting conditions and other related obligations for its Cononish project, near Tyndrum, said the Loch Lomond and the Trossachs National Park Pla...Read More
"#AIM companies need to improve market disclosures and governance, with recent failings showing how miners can forget their shareholders, writes @alex_hamer ($) | https://t.co/vBrpffAiW2"Read full newsRead More
How the S&P 500 has historically performed over the next two holiday weeks Before the month started, I had an article showing the typical December returns over different time frames. The chart is below with the current December return. It completely distorts the axis but it's clear that things have not gone as expected. It's the worst start to December since 1931, which was early in the Great Depr...Read More
After five years of negotiations, Havilah Resources (ASX: HAV) has signed a Native Title Mining Agreement for its Kalkaroo copper-cobalt-gold project, northeast of Adelaide in South Australia.Kalkaroo is believed to be the largest undeveloped open pit copper-gold deposit in Australia on a copper-equivalent ore reserve basis. The signing of the new deal increases Havilah's chances of being granted...Read More
After five years of negotiations, Havilah Resources (ASX: HAV) has signed a Native Title Mining Agreement for its Kalkaroo copper-cobalt-gold project, northeast of Adelaide in South Australia.Kalkaroo is believed to be the largest undeveloped open pit copper-gold deposit in Australia on a copper-equivalent ore reserve basis. The signing of the new deal increases Havilah's chances of being granted...Read More
After five years of negotiations, Havilah Resources (ASX: HAV) has signed a Native Title Mining Agreement for its Kalkaroo copper-cobalt-gold project, northeast of Adelaide in South Australia.Kalkaroo is believed to be the largest undeveloped open pit copper-gold deposit in Australia on a copper-equivalent ore reserve basis. The signing of the new deal increases Havilah's chances of being granted...Read More
Following months of speculation on its ability to buy new assets, Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced today it has completed the acquisition of all of the issued and outstanding common shares of Mason Resources (TSX:MNR) it did not already own. Each common share was bought at a price of C$0.40.The transaction was closed for about C$31 million, as Hudbay took over the remainin...Read More
Following months of speculation on its ability to buy new assets, Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced today it has completed the acquisition of all of the issued and outstanding common shares of Mason Resources (TSX:MNR) it did not already own. Each common share was bought at a price of C$0.40.The transaction was closed for about C$31 million, as Hudbay took over the remainin...Read More
Following months of speculation on its ability to buy new assets, Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced today it has completed the acquisition of all of the issued and outstanding common shares of Mason Resources (TSX:MNR) it did not already own. Each common share was bought at a price of C$0.40.The transaction was closed for about C$31 million, as Hudbay took over the remainin...Read More
Hong Kong-based jewellery giant Chow Tai Fook is the latest industry heavyweight to join De Beers' pilot of its end-to-end diamond blockchain program called Tracr, which aims at clearing the supply chain of imposters and conflict stones.Chow Tai Fook's participation will further extend the platform's reach into the Asian diamond sector, particularly in Greater China, the world's No. 1 diamond pr...Read More
Global gold production may be entering its fifth "peak gold" period in modern history, and gold mining in Quebec provides opportunity.Read full newsRead More
"$WAAS - AquaVenture Holdings Ltd (WAAS) CEO Doug Brown on Acquisition of Pure Health Solutions, Inc. Conference Call (Transcript) https://t.co/BNalypgPDV"Read full newsRead More
Base metals on the London Metal Exchange were mostly lower at the close of trading on Tuesday December 18, with continued strength in the US dollar index limiting price action, while lead futures gained more than 2% against a backdrop of multi-year lows in LME inventory.Depreciating over 2.5% this afternoon, copper futures closed below $6,000 per tonne for the first time since October 31, while to...Read More
Glencore's Katanga Mining Ltd will pay the Ontario Securities Commission (OSC) around $22.5 million as part of a settlement over the copper-cobalt producer's historical disclosures.The payments are C$1.5 million ($1.2 million) in costs along with a voluntary payment of C$28.5 million.The company, which operates the Kamoto Copper Company in the Democratic Republic of Congo (DRC), has also agreed to...Read More
Wang Chi-wei, a former vice president of Jiangxi Copper, has been officially arrested on corruption charges, the Supreme People's Procuratorate of the People's Republic of China said in a statement on Tuesday December 18.The arrest is based on an investigation carried out by the city of Nanchang's Supervisory Commission since October. Jiangxi Copper's 900,000 tpy Guixi smelter, the largest in Chin...Read More
Chinese exporters continued to aggressively slash offer prices in response to sparse buying interest amid weak domestic demand, while European ferro-vanadium prices followed the move down. Chinese exporters cut offering prices amid weak domestic demand European FeV market plummets after taking its cue from the weakening Chinese market European V2O5 flat amid illiquidity, further downward pressure...Read More
The earlier uptick in the Chinese ammonium paratungstate (APT) price faltered in the week ended Friday December 14, while both European and Chinese ferro-tungsten markets were stable due to the end-of-year trading lull. APT fob price in China moved down due to low overseas buying interest amid falling prices in the domestic market. Chinese tungsten concentrate price unchanged. Ferro-tun...Read More