Recent News

China's Xi calls out 'selfish, short-sighted' trade policies

June 10, 2018 / www.kitco.com

Christian Shepherd, Shu ZhangQINGDAO, China (Reuters) - Chinese President Xi Jinping, whose country is locked in a high-stakes trade dispute with the United States, on Sunday said China rejects “selfish, shortsighted” trade policies, and called for building an open global economy.Xi did not mention the United States during a speech at a summit meeting of the Shanghai Cooperation Organi...Read More

Canadian PM open to compromise on disputed NAFTA sunset clause

June 10, 2018 / www.kitco.com

David LjunggrenLA MALBAIE, Quebec (Reuters) - Canadian Prime Minister Justin Trudeau on Saturday rejected a U.S. demand for a sunset clause in NAFTA but said he was prepared to compromise on the issue, which is holding up talks to update the 1990s-era pact.U.S. President Donald Trump - who regularly threatens to pull out of the North American Free Trade Agreement - insists that Canada and Mexico a...Read More

White House adviser says Canada's Trudeau 'stabbed us in the back'

June 10, 2018 / www.kitco.com

Doina Chiacu, Sarah N. LynchWASHINGTON (Reuters) - The top White House economic adviser accused Canada’s prime minister on Sunday of betraying President Donald Trump with “polarizing” statements on U.S. trade policy that risked making the American leader look weak on the eve of a historic summit with North Korea.Larry Kudlow, director of the National Economic Council, lashed out...Read More

Germany, France Slam Trump Over Group Of Seven U-turn

June 10, 2018 / www.kitco.com

Michael NienaberBERLIN (Reuters) - Germany and France on Sunday sharply criticised U.S. President Donald Trump’s decision to abruptly withdraw his support for a Group of Seven communique, accusing him of destroying trust and acting inconsistently.Having left the G7 summit in Canada early, Trump’s announcement on Twitter that he was backing out of the joint communique torpedoed what app...Read More

Trump Torpedoes G7 Effort To Ease Trade Spat, Threatens Auto Tariffs

June 10, 2018 / www.kitco.com

Roberta Rampton, Jean-Baptiste VeyLA MALBAIE, Quebec (Reuters) - U.S. President Donald Trump threw the G7’s efforts to show a united front into disarray after taking aim at Canadian Prime Minister Justin Trudeau, adding he might double down on import tariffs by hitting the sensitive auto industry.Having left the Group of Seven summit in Canada early, Trump’s announcement that he was ba...Read More

Fed, ECB To Tighten Policy In Tandem

June 10, 2018 / www.kitco.com

Balazs KoranyiFRANKFURT (Reuters) - Tightening policy by a notch just one day apart, the world’s top two central banks will hope to signal confidence in global economic growth, despite risks of a trade war, currency swings and political turbulence.The U.S. Federal Reserve is almost certain to raise rates again on Wednesday, inching closer to a neutral policy stance, while the European Centra...Read More

Trump And North Korea's Kim In Singapore For Historic Tuesday Summit

June 10, 2018 / www.kitco.com

Steve Holland, Jack KimSINGAPORE (Reuters) - U.S. President Donald Trump arrived in Singapore on Sunday for a historic summit with North Korean leader Kim Jong Un that could lay the groundwork for ending a nuclear stand-off between the old foes and the transformation of the isolated Asian nation.Trump flew into Singapore’s Paya Lebar Air Base aboard Air Force One, looking to strike a deal th...Read More

Harmony Gold Mining Company Ltd.: Fatality at Bambanani mine

June 10, 2018 / dlvr.it

08 Jun '18 Johannesburg, Friday, 8 June 2018. Harmony Gold Mining Company Limited ('Harmony' and/or 'the Company') regrets to advise that one of its employees was fatally injured in a fall of ground incident at its Bambanani mine in the Free State this morning and has tragically succumbed to his injuries. An investigation into the accident is underway. [...]This is an abst...Read More

BRIEF-Real Gold Mining Says Zhang Yanchun Resigns As CEO

June 10, 2018 / dlvr.it

June 8 (Reuters) - Real Gold Mining Ltd: * ZHANG YANCHUN TENDERED HIS RESIGNATION AS AN EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER Source text for Eikon: Further company coverage:Read full newsRead More

Nevada continues to be top gold producer in the nation

June 10, 2018 / dlvr.it

CARSON CITY - Gold production in Nevada increased more than 3 percent in 2017 compared to last year while gold prices were up slightly, according to reports released in MayRead full newsRead More

Escondida union in Chile optimistic will reach deal with BHP

June 10, 2018 / www.mining.com

The union at BHP's Escondida copper mine in Chile said on Friday that it saw a "favorable scenario" for reaching a deal on a new labor contract with the company, citing higher copper prices.In a letter to its members published on its website, the union at the world's largest copper mine said BHP has promised to respond to its recent proposal for a new contract by 3pm local time (1900 GMT) on Monda...Read More

Main customer of Arizona coal plant goes green, ignoring Interior Dept

June 10, 2018 / www.mining.com

The main buyer of electricity from an Arizona coal plant on the verge of closure said on Friday it will instead source its electricity largely from a solar power project, ignoring an appeal by the U.S. Interior Department to buy more power from the plant to keep it open.The Trump administration has been waging a broad effort to keep aging coal and nuclear plants from retirement, arguing that their...Read More

Main customer of Arizona coal plant goes green, ignoring Interior Dept

June 10, 2018 / www.mining.com

The main buyer of electricity from an Arizona coal plant on the verge of closure said on Friday it will instead source its electricity largely from a solar power project, ignoring an appeal by the U.S. Interior Department to buy more power from the plant to keep it open.The Trump administration has been waging a broad effort to keep aging coal and nuclear plants from retirement, arguing that their...Read More

Congo mining code regulations signed into law - aides

June 10, 2018 / www.mining.com

Regulations to implement Congo's new mining code have been signed into law with no changes, advisers to the prime minister told Reuters on Saturday, despite objections from mining firms that have been threatening legal action.Prime Minister Bruno Tshibala signed the regulations into law overnight, his adviser Patrick Mutombo Buzangu told Reuters by telephone, but gave no further details.The prime...Read More

Congo mining code regulations signed into law - aides

June 10, 2018 / www.mining.com

Regulations to implement Congo's new mining code have been signed into law with no changes, advisers to the prime minister told Reuters on Saturday, despite objections from mining firms that have been threatening legal action.Prime Minister Bruno Tshibala signed the regulations into law overnight, his adviser Patrick Mutombo Buzangu told Reuters by telephone, but gave no further details.The prime...Read More

Thousands protest against uranium mine in Spain

June 10, 2018 / www.mining.com

Spanish media are reporting that between 3,000 and 5,000 people hailing from different cities in Spain, as well as from Portugal and France, rallied this weekend in Salamanca to express their rejection to a uranium mine being built in the Retortillo municipality.The Salamanca project is Berkeley Energia's (ASX, LSE: BKY) flagship mine and is located on the Retortillo-Santidad uranium deposit, in t...Read More

Thousands protest against uranium mine in Spain

June 10, 2018 / www.mining.com

Spanish media are reporting that between 3,000 and 5,000 people hailing from different cities in Spain, as well as from Portugal and France, rallied this weekend in Salamanca to express their rejection to a uranium mine being built in the Retortillo municipality.The Salamanca project is Berkeley Energia's (ASX, LSE: BKY) flagship mine and is located on the Retortillo-Santidad uranium deposit, in t...Read More

Scientists develop technique to reduce cost, environmental impact of mining precious metal

June 10, 2018 / www.mining.com

Researchers at the University of Notre Dame invented a new class of molecules whose shape and size enable them to capture and contain precious metal ions. In a study published in the Journal of the American Chemical Society, the scientists explain that the method they have developed converts gold-containing ore into chloroauric acid and extracts it using an industrial solvent. The container molecu...Read More

Five bodies rescued from collapsed mine in Mexico

June 10, 2018 / www.mining.com

Civil Defense officers rescued a fifth body from a mine site in northern Mexico where a dam filled with liquid waste collapsed last Monday. Two other miners are still missing.A couple of workers who presented minor injuries were hospitalized earlier this week.The dam breach took place at the Cieneguita gold-silver mine, located in the Urique municipality of the Chihuahua state. The place is operat...Read More

Five bodies rescued from collapsed mine in Mexico

June 10, 2018 / www.mining.com

Civil Defense officers rescued a fifth body from a mine site in northern Mexico where a dam filled with liquid waste collapsed last Monday. Two other miners are still missing.A couple of workers who presented minor injuries were hospitalized earlier this week.The dam breach took place at the Cieneguita gold-silver mine, located in the Urique municipality of the Chihuahua state. The place is operat...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok