LONDON – More than 40-million people around the world work in artisanal and small-scale mining where minerals including gold, diamonds and cobalt are dug up often by hand, a report by the World Bank and development organisation Pact said on Wednesday.Increasing demand for metals and rising prices have triggered a boom in small-scale mining in recent years, mainly in poorer countries in South...Read More
The most valuable stone recovered to date at Aim-listed Firestone Diamonds’ Liqhobong mine, in Lesotho, was sold in March, along with a number of other high-value diamonds.The company’s sales for the third financial quarter, ended March 31, included the record 70 ct white diamond and a 46 ct white diamond, while the company reported signs of recovery in prices realised for the smaller,...Read More
Diamond miner De Beers’ rough diamond production for the quarter ended March 31 decreased by 8% year-on-year to 7.9-million carats, driven by lower output at its South African operations.De Beers Consolidated Mines, in South Africa, attributed its 65% year-on-year decrease in output to 400 000 ct to lower mined volumes at the Venetia mine, as it approached a transition from openpit to underg...Read More
The rough diamond market is showing signs of stability and early signs of a potential price recovery in the cheaper run-of-mine products, Canadian miner Mountain Province VP of diamond marketing Reid Mackie said on Thursday.He reported that the company, whose primary asset is its 49% interest in the Gahcho Kué mine in the Northwest Territories with De Beers Canada, has had a strong start to...Read More
Eastern promise for PolarXSPONSOREDpolarxKAZ produced 70,000 tonnes of copper over the January-March period, up 4% year-on-year.Read More
Eastern promise for PolarXSPONSOREDpolarxThe met coal division, which CEO Mark Cutifani said had accounted for 80% of the quarter-on-quarter output reduction, produced 4.Read More
Eastern promise for PolarXSPONSOREDpolarxTeck has undertaken an internal process to look at which copper projects it wants to develop itself, which it will develop in partnership with other companies and which it will seek to monetise.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 3 point in pre-opening trade. Index futures were mixed following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was an increase to 200,000 from 193,000 last week. Actual was 230,000. Consensus for March Durable Goods Orders was an increase of 0.8% versus a revised decline of 1.1 in Februar...Read More
In case you missed part I yesterday, I was talking about Elizabeth Warren's new plan to erase outstanding college debts for roughly 45 million Americans and then make college "free" for everyone going forward.Now, there's no doubt that spiraling college costs - and a rapidly-growing pile of student loan debt - IS a problem.Indeed, as I pointed out yesterday, the average tuition and fees at a four-...Read More
Last summer on June 28th, I wrote to you and identified Air Canada (ACDVF) as a tremendously undervalued stock.Since then the rest of the market has caught onto the Air Canada story as the share price has subsequently risen more than 50 percent.I’m thrilled with how this has played out for us...But I don’t think that the Air Canada story is done.This stock is still BY FAR the best valu...Read More
An associate professor of metallurgical and materials engineering received the Faculty Excellence Award while the Department of Applied Mathematics and Statistics swept the Mines Teaching Awards at Colorado School of Mines' annual faculty awards celebration held April 24.The Faculty Excellence Award, which recognizes a tenured or tenure-track faculty member for significant and meritorious achievem...Read More
Twenty-two Colorado School of Mines faculty members who were awarded promotion and/or tenure were recognized at the annual faculty awards celebration held April 24.Applied Mathematics and StatisticsCecilia Diniz Behn, tenure and promotion to associate professorKarin Liederman Gregg, tenure and promotion to associate professorChemical and Biological EngineeringChristopher Higgins, promotion to prof...Read More
The daunting task of exploring for minerals and developing mines in Canada's Far North hasn't dissuaded global mining companies from seeking riches in these underexplored regions. Here is a look at eight companies with substantial mineral assets in the country's Far North.ALEXCO RESOURCEAlexco Resource (TSX: AXR; NYSE-AM: AXU) owns the historic Keno Hill silver district in the Yukon, and is workin...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixDay-to-day, mining entrepreneurs are likely to express great confidence...Read More
Peter Schiff on RT discussing Iran, Crude Oil Prices, OPEC, Dollar, Gas Prices, Donald Trump, Interest rates, Inflation, Federal Reserve, Rate Hikes, Saudi Arabia, Russia, currency (4/24/2019) SIGN UP FOR MY FREE NEWSLETTERhttp://www.europac.net/subscribe_free...Schiff Gold News: http://www.SchiffGold.com/newsOpen your Goldmoney account today: https://www.Goldmoney.com/Buy my newest book at http:/...Read More
Peter Schiff, CEO of Euro Pacific Capital, talks with Brent Johnson, CEO of Santiago Capital, about the interaction between the dollar and gold. Schiff predicts that the Federal Reserve will ultimately have to decide between saving the dollar from hyperinflation and bailing out the U.S. government. In either case, gold is positioned to be a safe haven for investors should the worst come to pass. T...Read More
Betting on the India Super-CycleGuest's website:https://secure.kaiserresearch.comProduced by https://www.HoweStreet.comDon't miss out - Stay Informed!Receive the HoweStreet.com Weekly Recap with thought provoking podcasts, radio and articles delivered to your inbox.Sign up for the HoweStreet.com Weekly Recap on the homepage at https://www.HoweStreet.com#JohnKaiser #Gold #CoalRead More
Apr 26, 2019 Guest(s): George Gero Gold has been trending with the dollar in recent trading sessions, signaling a decoupling of the yellow metal's traditional negative correlation on the U.S. dollar, said George Gero, managing director of RBC Wealth Management. Gero said that this trend reversal may be caused by strong demand for gold outside the U.S., especially in countries that needed gold t...Read More