Recent News

Aurubis buys recycler Metallo in move beyond copper

May 22, 2019 / www.mining.com

Aurubis, Europe's biggest copper smelter, said on Wednesday it had agreed to buy Belgian-Spanish recycling company Metallo Group for 380 million euros ($424 million) as part of an acquisition-led shift into other metals."Due to megatrends such as smart homes, e-mobility, digitalisation and renewable energies, both the quantity and the complexity of secondary raw materials will increase significant...Read More

Aurubis buys recycler Metallo in move beyond copper

May 22, 2019 / www.mining.com

Aurubis, Europe's biggest copper smelter, said on Wednesday it had agreed to buy Belgian-Spanish recycling company Metallo Group for 380 million euros ($424 million) as part of an acquisition-led shift into other metals."Due to megatrends such as smart homes, e-mobility, digitalisation and renewable energies, both the quantity and the complexity of secondary raw materials will increase significant...Read More

China's MMG says Las Bambas copper operations not disrupted, talks ongoing

May 22, 2019 / www.mining.com

Chinese miner MMG Ltd's operations at its Las Bambas mine, one of Peru's largest copper producers, have not been disrupted and talks with an indigenous Peruvian community are ongoing, the miner said on Wednesday.The Fuerabamba community had imposed a new road blockade on the mine after talks with the company over compensation broke down, Americo Contreras, a representative of the public ombudsman...Read More

China's MMG says Las Bambas copper operations not disrupted, talks ongoing

May 22, 2019 / www.mining.com

Chinese miner MMG Ltd's operations at its Las Bambas mine, one of Peru's largest copper producers, have not been disrupted and talks with an indigenous Peruvian community are ongoing, the miner said on Wednesday.The Fuerabamba community had imposed a new road blockade on the mine after talks with the company over compensation broke down, Americo Contreras, a representative of the public ombudsman...Read More

RT @zerohedge: Tesla Slashes Car Prices For The Third Time In 3 Months

May 22, 2019 / www.zerohedge.com

Tesla has updated its online configurator to reduce the price of the Model S and Model X by $3,000 and $2,000, respectivelyRead full newsRead More

To borrow $500m, Zimbabwe pledges mine that doesn't exist

May 22, 2019 / www.mining.com

The collateral for African Export-Import Bank's $500 million loan to Zimbabwe is a mine that hasn't been dug yet, people familiar with the matter said.The loan, which will be paid over four years when production starts, is backed by a mine that Great Dyke Investments, a venture between Russian investors and the Zimbabwean military, plans to build at a cost of $4 billion, the people said. The mine,...Read More

European Politics And Its Indirect Effect On Gold Prices

May 22, 2019 / seekingalpha.com

The European elections take place this Thursday in the UK and the polling suggests a win by a large majority by the Brexit Party.Theresa May intends to ask her cabinet to sign off a package of Brexit concessions this week, as she ramps up for one last bid to win over MPs.The lack of clarity surrounding this issue is having a negative effect on both the Pound and the Euro and thus the US Dollar gli...Read More

Glencore to supply #cobalt feedstock to restart First Cobalt...

May 22, 2019 / reut.rs

Glencore Plc will supply cobalt feedstock to restart First Cobalt Corp's re...Read full newsRead More

. @Elemental_Royal Managing Director Frederick Bell will be joining the panel discussion 'From Alternative to Mains...

May 22, 2019 / twitter.com

". @Elemental_Royal Managing Director Frederick Bell will be joining the panel discussion 'From Alternative to Mainstream: How Royalties has changed the face of #MiningFinance' at #MJSelect#MJS"Read full newsRead More

A seasoned fund manager and investor with over 15 years experience directing open-ended funds and private equity in...

May 22, 2019 / twitter.com

"A seasoned fund manager and investor with over 15 years experience directing open-ended funds and private equity investments in natural resources, #SectorInvestmentManagers CEO Angelos Damaskos will be sharing his expertise this June at the #MJSelect conference! #MJS"Read full newsRead More

California project yields high-grade mineralization for Rise Gold

May 22, 2019 / www.mining.com

Rise Gold (CSE: RISE) reported this week that the exploration drill program the company is carrying out at its Idaho-Maryland project intercepted high-grade gold mineralization in multiple vein structures downdip from historic workings.The past-producing high-grade Idaho-Maryland gold mine is located near Grass Valley in northeastern California.Historical records state that the mine produced a tot...Read More

California project yields high-grade mineralization for Rise Gold

May 22, 2019 / www.mining.com

Rise Gold (CSE: RISE) reported this week that the exploration drill program the company is carrying out at its Idaho-Maryland project intercepted high-grade gold mineralization in multiple vein structures downdip from historic workings.The past-producing high-grade Idaho-Maryland gold mine is located near Grass Valley in northeastern California.Historical records state that the mine produced a tot...Read More

California project yields high-grade mineralization for Rise Gold

May 22, 2019 / www.mining.com

Rise Gold (CSE: RISE) reported this week that the exploration drill program the company is carrying out at its Idaho-Maryland project intercepted high-grade gold mineralization in multiple vein structures downdip from historic workings.The past-producing high-grade Idaho-Maryland gold mine is located near Grass Valley in northeastern California.Historical records state that the mine produced a tot...Read More

Newcrest starts drilling at Greatland Gold's project in Western Australia

May 22, 2019 / www.mining.com

Australia's largest gold producer, Newcrest Mining (ASX: NCM), will begin in June the most extensive drilling program to date at Greatland Gold's (LON:GGP) Havieron gold-copper project in the Paterson region of Western Australia.The exploration activities, part of a joint venture the two companies signed in March, aim to define the extent of mineralization along strike and at depths to 1,000m be...Read More

Newcrest starts drilling at Greatland Gold's project in Western Australia

May 22, 2019 / www.mining.com

Australia's largest gold producer, Newcrest Mining (ASX: NCM), will begin in June the most extensive drilling program to date at Greatland Gold's (LON:GGP) Havieron gold-copper project in the Paterson region of Western Australia.The exploration activities, part of a joint venture the two companies signed in March, aim to define the extent of mineralization along strike and at depths to 1,000m be...Read More

Newcrest starts drilling at Greatland Gold's project in Western Australia

May 22, 2019 / www.mining.com

Australia's largest gold producer, Newcrest Mining (ASX: NCM), will begin in June the most extensive drilling program to date at Greatland Gold's (LON:GGP) Havieron gold-copper project in the Paterson region of Western Australia.The exploration activities, part of a joint venture the two companies signed in March, aim to define the extent of mineralization along strike and at depths to 1,000m be...Read More

Newcrest starts drilling at Greatland Gold's project in Western Australia

May 22, 2019 / www.mining.com

Australia's largest gold producer, Newcrest Mining (ASX: NCM), will begin in June the most extensive drilling program to date at Greatland Gold's (LON:GGP) Havieron gold-copper project in the Paterson region of Western Australia.The exploration activities, part of a joint venture the two companies signed in March, aim to define the extent of mineralization along strike and at depths to 1,000m be...Read More

Delrey moves ahead with acquisition of vanadium property in Newfoundland

May 22, 2019 / www.mining.com

Delrey Metals (CSE: DLRY) announced this week that it entered into a definitive property option agreement with respect to the right and option to acquire an 80% interest in and to certain mineral licences which comprise the Four Corners project in Newfoundland and Labrador.Delrey's deal, which was initially made public back in March, is with Triple Nine Resources.In a press release, the miner said...Read More

When to Buy Stocks Next Week

May 22, 2019 / www.schaeffersresearch.com

Since 2010, stocks have tended to struggle Memorial Day Week The unofficial start to summer is next week, with U.S. markets closed on Monday, May 27, for Memorial Day. This week, I'll show you how stocks have performed in the past during the holiday week.Recent Weakness After Memorial DayThe table below summarizes the weekly returns of the S&P 500 Index (SPX) since 1971 (the year Memorial Day offi...Read More

A man found a gold nugget worth $68,000 with a metal detector while wandering in Australia

May 22, 2019 / dlvr.it

Using a metal detector, the man who has not been identified, found a piece of gold worth $68,760. It was about 18 inches below ground.Read full newsRead More

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