Democratic Republic of Congo President Joseph Kabila will soon sign into law a new mining code, the government and the country's mining companies said on Wednesday. The code has been vigorously opposed by the miners.Read full newsRead More
Understanding Sutter Gold Mining Inc's (TSXV:SGM) performance as a company requires examining more than earnings from one point in time. Today I will take you through a basic sense checkRead More...Read full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
South Africa's mining industry and the government are moving closer to resolving a dispute over levels of black ownership that's deterred investment and dragged down growth in the continent's most industrialized economy.Read full newsRead More
Career changes are common, but what's not is going from managing $40 billion in assets as a London fund manager to running your own farms. But that's exactly what Graham Birch, a former BlackRock investment leader, did.Read full newsRead More
Ghana, one of the world's biggest producers of cocoa beans, is facing a crisis around dangerous and dirty galamsey, or informal, mining-which experts warn could derail its agriculture sector.Read full newsRead More
South Africa's AngloGold Ashanti said it was fully supporting its JV partner Randgold Resources, as several miners operating in the Democratic Republic of Congo negotiate with the government terms of the country's new mining code.Congo President Joseph Kabila will soon sign into law a new mining code, the government and the country's mining companies said on Wednesday. The code has been vigorously...Read More
South Africa's AngloGold Ashanti said it was fully supporting its JV partner Randgold Resources, as several miners operating in the Democratic Republic of Congo negotiate with the government terms of the country's new mining code.Congo President Joseph Kabila will soon sign into law a new mining code, the government and the country's mining companies said on Wednesday. The code has been vigorously...Read More
Swedish mining company Boliden (STO: BOL) won't have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile, a court ruled Thursday.The lawsuit filed in 2013 by around 800 residents of the city of Arica, in northern Chile, alleged Boliden exported 20,000 tonnes of mining waste in the mid-1980s, despite kn...Read More
Swedish mining company Boliden (STO: BOL) won't have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile, a court ruled Thursday.The lawsuit filed in 2013 by around 800 residents of the city of Arica, in northern Chile, alleged Boliden exported 20,000 tonnes of mining waste in the mid-1980s, despite kn...Read More
Ghana, one of the world's biggest producers of cocoa beans, is facing a crisis around dangerous and dirty galamsey, or informal, mining-which experts warn could derail its agriculture sector.Read full newsRead More
By Ira Iosebashvili Gold prices fell Wednesday, as investors locked in recent gains on the metal ahead of key U.S. economic data later in the week. Gold for April delivery was down 0.6% at $1,327.60 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices for gold, a popular destination for nervous investors, hit $1,342 a troy ounce Tuesday evening after economic adviser G...Read More
Here Are 3 Hot Things to Know About Stocks Right Now After Wednesday's gains, the Nasdaq has finished higher for five straight sessions.The U.S. added 235,000 private jobs in February, according to ADP, topping economists' estimates of 195,000.The U.S. trade deficit rose 5% to $56.6 billion in January, the highest level since October 2008. Wall Street Overview Stocks fell on Wednesday, Mar...Read More
West Texas crude slides to $61; greenback erases gainHassett suggests Canada, Mexico may be spared severe leviesJohn Bilton of JPMorgan Asset Management and Ian Katz of Capital Alpha Partners discuss Gary Cohn's resignation.U.S. stocks erased deep losses to end the day mixed as White House officials left open the possibility that President Donald Trump’s tariff proposals will spare neighbor...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Wall Street is braced for heavy selling at the opening bell Wednesday as global investors fret over an escalating trade war after a key economic adviser to President Donald Trump abruptly left the White House yesterday after failing to convince him to reverse plans for import tariffs on steel and aluminium. Gary Cohn's departure from the Trump Administration sent markets in Asia lower and Europe...Read More
The latest news and price moves to start the Asian day on Thursday March 8.Base metals prices on the London Metal Exchange slumped by the 5pm close on Wednesday March 7, with a sell-off spurred by uncertainty stemming from the latest developments over the United States' Section 232 probe. Read more in our live futures report.Here are how LME prices looked at Wednesday's close:Europe's largest copp...Read More
Published on: Mar 8, 2018 | by finfeedAlloy Resources (ASX:AYR) has reached an agreement with Jindalee Resources (ASX:JRL) to acquire an Option to purchase an exploration licence application within the highly prospective Millrose Greenstone Belt.Exploration licence application 53/1962 ("ELA") is adjacent to AYR's Horse Well Gold Project, which is situated in the north eastern goldfields of Western...Read More
After a great run from $1,242 per ounce on Dec. 11, 2017, to $1,365 per ounce on Jan. 25, 2018, a 10% gain in six weeks, gold has settled into an up-and-down sideways pattern in the six weeks since.The sideways range has stayed between $1,305 and $1,356 per ounce with two rallies and two drawdowns. Gold marked time at $1,322 per ounce at the beginning of this week, close to the midpoint of this re...Read More
S.S. Trump loses its economic helmsman...Gary Cohn - lifelong Democrat, Goldman man and Trump's chief economic adviser - is deserting his post.Cohn is widely considered the force behind Trump's tax cuts.Absent Cohn's steady rudder... many fear the economic ship will take a perilous heading.Trump's trade warriors like adviser Peter Navarro will rise in his place.Protectionism and a global trade war...Read More