Following a mediation session led by representatives of Peru's national government, Indigenous leaders and executives from Minera Las Bambas, a subsidiary of China's MMG, reached an agreement that puts an end to a 2-month long conflict at Las Bambas copper mine.Both the miner and the community expressed their willingness to sit down and solve the conflict by revisiting the terms of a series of agr...Read More
Following a mediation session led by representatives of Peru's national government, Indigenous leaders and executives from Minera Las Bambas, a subsidiary of China's MMG, reached an agreement that puts an end to a 2-month long conflict at Las Bambas copper mine.Both the miner and the community expressed their willingness to sit down and solve the conflict by revisiting the terms of a series of agr...Read More
Management at Chilean miner Antofagasta Plc. (LON: ANTO) was able to secure this week full funding for the expansion project of its flagship Los Pelambres copper mine.The operation, located about 200 kilometres north of Chile's capital Santiago is responsible for about half of the company's total copper output, which this year is expected to be somewhere between 750,000 and 790,000 tonnes of the r...Read More
Management at Chilean miner Antofagasta Plc. (LON: ANTO) was able to secure this week full funding for the expansion project of its flagship Los Pelambres copper mine.The operation, located about 200 kilometres north of Chile's capital Santiago is responsible for about half of the company's total copper output, which this year is expected to be somewhere between 750,000 and 790,000 tonnes of the r...Read More
Management at Chilean miner Antofagasta Plc. (LON: ANTO) was able to secure this week full funding for the expansion project of its flagship Los Pelambres copper mine.The operation, located about 200 kilometres north of Chile's capital Santiago is responsible for about half of the company's total copper output, which this year is expected to be somewhere between 750,000 and 790,000 tonnes of the r...Read More
NYSE:AGI) ("Alamos" or the "Company") is pleased to announce that its Mulatos mine produced its two millionth ounce of gold in March 2019.At the current gold price, this represents a savings of approximately $65 per ounce, which has already been incorporated into previously disclosed guidance.ThisRead full newsRead More
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NYSE:AGI) ("Alamos" or the "Company") is pleased to announce that its Mulatos mine produced its two millionth ounce of gold in March 2019.At the current gold price, this represents a savings of approximately $65 per ounce, which has already been incorporated into previously disclosed guidance.ThisRead full newsRead More
Kevin Hart is a comedian, actor and producer. His new stand up special is now streaming on Netflix.Read More
Energy stocks are looking a little shaky at the moment, after a week of big losses in the struggling oil and gas sector. Indeed, with some betas in big-name tickers being higher than a risk-averse buyer may be prepared to accept, the vulnerability of this sector to lower oil may see the rot spread as the year progresses.A once-stable stock to steer clear ofTSX index giant, Suncor Energy (TSX:SU)(N...Read More
Money manager Adrian Day looks at recent results from several royalty companies in his portfolio, as well as recent developments in the ongoing Goldcorp saga, and provides updates on a couple of favorite exploration companies.Goldcorp Inc. (G:TSX; GG:NYSE, US$11.52) looks set to be acquired by Newmont, but not without continuing controversy, particularly over chairman Ian Telfer's egregious "retir...Read More
RAPAPORT... The National Bank of Fujairah (NBF) has launched arepresentative office in Antwerp as it looks to expand its business lending toestablished diamond traders. The Dubai-based bank targets wholesalers with secure sourcesof income and solid product traceability, its CEO, Vince Cook, told RapaportNews last week. The new office will help it improve its market knowledgeand strengthen its...Read More
RAPAPORT... Richemont-owned IWC Schaffhausen has appointed Darin Rabbbrand president of North America. He will be responsible for growing the Swissluxury watch manufacturer's business in the region. "North America is a strategic market for IWC, and we havetremendous potential going forward," said IWC CEO Christoph Grainger-Herr."With his comprehensive professional experience and intimate knowledge...Read More
RAPAPORT... Alrosa has signed anagreement withAngola's state-run diamond-mining company to develop joint projects and shareinformation. Alrosa and Endiama have committed to work together onresearch and exploration projects in Angola. The Russia-based miner will alsoprovide training for Angolan specialists at its facilities. "For both Russia and Angola, the diamond industry is animportant part of...Read More
RAPAPORT... A 17.43-carat Kashmir sapphire previously owned by aEuropean noble family will go on sale at Bonhams later this month. The cushion-shaped, vivid-blue stone, which dates to thelate 19th or early 20th century, will lead the April 30sale in London, the first time it has appeared at auction. It is expected to fetch GBP 300,000 to GBP 400,000 ($391,080 to$521,440). "Sapphires hailing from...Read More
RAPAPORT... A storied diamond connected to the Oppenheimer family will be among the top lots at next month'sGeneva auction at Christie's, with a presale estimate of $2.5 million to $3.5million. The rectangular-cut, 25.27-carat, D-color Jonker V ring will go underthe hammer at the Magnificent Jewels sale on May 15, the auction house saidlast week. The stone was cut from a 726-carat rough Sout...Read More
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In the late 1800's when life exploded, we entered what economists called the "Malthusian Trap". During that time, increases in the population were a bad thing, due to limited resources. I dove into the Malthusian Trap in this clip from the Irrational Economic Summit #IESAustin. Don't forget to subscribe to my channel.Read More
My sister had a beautiful house, in a wonderful neighborhood in a great city - but she couldn't sell it.And I figured out why. Learn more in this clip from the Irrational Economic Summit #IESAustinRead More