"Ramaphoria" boosted the rand and revived investor sentiment on South Africa. But deep underground in the country's platinum mines, there's very little cause for optimism.Read full newsRead More

Australia's Fortescue Metals Group cut its price guidance for iron ore sales for the year to end-June 2018, citing subdued construction activity in China, some ongoing steel production restrictions and global trade worries.Fortescue amended its guidance to around 65 per cent of the average benchmark Platts 62 CFR index, due to a slower than anticipated recovery in contractual realisations.It said...Read More

Canada-based Gungnir Resources (TSX-V: GUG) announced that authorities have approved a permit application to start drilling on its Knaften gold project, located in the Vasterbotten district of northern Sweden.According to the miner's website, Knaften covers Au in boulders and outcrop, as well as drill-indicated Au mineralization along a developing 10+ km long geochemical-magnetics trend in the Kna...Read More

Canada-based Gungnir Resources (TSX-V: GUG) announced that authorities have approved a permit application to start drilling on its Knaften gold project, located in the Vasterbotten district of northern Sweden.According to the miner's website, Knaften covers Au in boulders and outcrop, as well as drill-indicated Au mineralization along a developing 10+ km long geochemical-magnetics trend in the Kna...Read More

GE surges on speculation Buffett could buy a stake in companyU.S. fades after European shares rise the most in six weeksBlackRock Global Chief Investment Strategist Richard Turnill discusses recent market volatility.A selloff in technology shares sent U.S. equity benchmarks lower, with losses accelerating late in the day. Bonds surged on demand for safe havens, pushing the yield on 10-year Treasur...Read More

FTSE 100 closes down 33 ptsSterling strengthensFresnillo, Rangold lifted by Goldman upgrades  FTSE 100 closed in the red as the pound strengthened sending big cap shares lower but resource stocks gave support.The UK blue-chip index closed over 33 points lower, or 0.48% at 6,888.The FTSE 250 was also down - over 132 points at 19,187.Meanwhile, in the currency markets, sterling added 0.01%...Read More

Last week's top-gaining mining stocks on the TSXV were Colonial Coal, Mineral Mountain Resources, Sarama Resources, NuLegacy Gold and Evrim Resources.Read full newsRead More

KATOWICE, Poland, March 26 (Reuters) - Poland’s biggest mining firm, state-run PGG, expects its coal output to rise slightly this year from around 30 million tonnes in 2017, the company’s Chief Executive Tomasz Rogala said on Monday.“I think we will produce more than 30 million tonnes. This could be 30.6-30.7 million,” Rogala told reporters.PGG, which accounts for about hal...Read More

Antonio De la JaraSANTIAGO (Reuters) - Workers at Antofagasta PLC’s (ANTO.L) Los Pelambres copper mine in Chile reached agreement on a new labour contract, defusing the risk of a strike, the union said on Monday.Workers in the mine’s largest union had last week rejected an offer for a new labour contract, triggering a period of government mediation and raising the spectre of the first-...Read More

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said Canadian-based mining company Kinross Gold agreed to pay $950,000 to settle civil charges that it failed to ensure its payments in Africa were not being used to bribe government officials.The SEC said in a statement Monday the company did little to verify payments to politically connected consultants and vendors - often made i...Read More

Last week's other top-gaining mining stocks on the TSX were First Mining Gold, eCobalt Solutions, Mawson Resources and Royal Nickel.Read full newsRead More

PRINCETON, N.J. - The Federal Reserve should continue raising interest rates this year and next so that it can avoid an overheating that cuts short the economic expansion that is already picking up steam, a policymaker of the U.S. central bank said on Monday.Cleveland Fed President Loretta Mester, who votes on policy this year and leans somewhat hawkish, said the central bank can speed or slow its...Read More

David Lawder, Ryan WooWASHINGTON/BEIJING (Reuters) - Top Trump administration officials are asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms and buy more U.S.-made semiconductors in negotiations to avoid U.S. tariffs and a potential trade war.A person familiar with the discussions said these were among the asks from Treasury Secretary Steve...Read More

NEW YORK (Reuters) - Wall Street’s three major indexes jumped to their greatest one-day gain in two-and-a-half years on Monday, led by the tech sector, as trade war fears eased on reports that the United States and China were willing to renegotiate tariffs and trade imbalances.The Dow Jones Industrial Average .DJI rose 669.4 points, or 2.84 percent, to 24,202.6, the S&P 500 .SPX gained 7...Read More

Newcrest Mining, Australia's largest independent gold miner, said it will recommence mining operations at its flagship Cadia mine which was closed following damages to a tailings dam wall.Mining operations will restart at Cadia East, in accordance with predefined test and response program, the company said in a statement."Mining will initially be from Panel Cave 1 and then progressively recommence...Read More

Newcrest Mining, Australia's largest independent gold miner, said it will recommence mining operations at its flagship Cadia mine which was closed following damages to a tailings dam wall.Mining operations will restart at Cadia East, in accordance with predefined test and response program, the company said in a statement."Mining will initially be from Panel Cave 1 and then progressively recommence...Read More

Microsoft was the best Dow stock todayThe Dow started the holiday-shortened week off with a bang -- logging its biggest one-day percentage gain since Aug. 26, 2015, as trade war concerns died down on reports of tariff talks between the U.S. and China. Leading the charge among blue chips today was Microsoft (MSFT), which had its best day since October 2015, thanks to a bold price target from Morga...Read More

Scientists from Imperial College London and UCL used a synthetic diamond grown in a nitrogen-rich atmosphere to create a new maser that operates continuously.A maser (microwave amplification by stimulated emission of radiation) is the older, microwave frequency sibling of the laser. It was invented in 1954 and has traditionally been used in deep space communication and radio astronomy.However, ear...Read More

Scientists from Imperial College London and UCL used a synthetic diamond grown in a nitrogen-rich atmosphere to create a new maser that operates continuously.A maser (microwave amplification by stimulated emission of radiation) is the older, microwave frequency sibling of the laser. It was invented in 1954 and has traditionally been used in deep space communication and radio astronomy.However, ear...Read More

Tim Livesey, chief executive of Stratex International plc (LON:STI), tells Proactive they've received approval from the Senegalese government regarding the Dalafin gold project.The approval relates to its Option Agreement with AGEM Senegal Exploration Suarl (AGEM), a subsidiary of IAMGOLD Corp (IAMGOLD).With the approval now in the bag, Livesey says they can begin fast-tracking exploration at the...Read More