Occupational health and safety violations are a widespread issue in the informal mining sector, which sees artisanal miners and surrounding communities regularly exposed to hazards, including mine cave-ins and the spread of diseases such as malaria. (Image by Fairphone | Flickr Commons)The risk of human rights tainted tungsten, tin, tantalum and gold (3TG) entering the supply chains of tech firms...Read More
Investing.com - Gold prices edged higher in European trading on Thursday, bouncing back from the prior session's losses as investors shied away from riskier assets ahead of an upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping.Comex gold futures tacked on $6.85, or around 0.6%, to $1,255.35 a troy ounce by 3:13AM ET (07:13GMT). Meanwhile, spot gold was down $2.20...Read More
Description This Macroeconomics and Global Trends Insight report presents our research on this key topic, and draws out the implications for economies and commodity markets. This report delivers a clear understanding of our unique global economic outlook and identify risks and uncertainties to watch out for. Wood Mackenzie's global trends and macroeconomic analysis underpins all our commodity dem...Read More
A historically long 43-day strike at BHP Billiton's (ASX, NYSE:BHP) (LON:BLT) Escondida copper mine in Chile, the world's largest, will have less of an impact in the country's overall annual production that originally though, experts say.While the country's central bank said on Monday that the stoppage would knock an entire percentage point off GDP growth in the first quarter, analysts at BMI Rese...Read More
* Trump-Xi begin two-day summit on Thursday* Trade, North Korea top the agenda* Oil price rebounds, boosts inflation outlook* Fed minutes, U.S. ADP jobs data awaited* South African rand resumes weaknessBy Vikram SubhedarLONDON, April 5 (Reuters) - Caution prevailed across major markets on Wednesday before a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart X...Read More
Investing.com - Here are the top five things you need to know in financial markets on Wednesday, April 5:1. Global stocks trade tentatively ahead of Trump-Xi meetingU.S. stock futures pointed to a flat to lower open on Wednesday morning as investors remained cautious before the summit meeting between U.S. President Donald Trump and Chinese leader Xi Jinping on Thursday.The blue-chip Dow futures wa...Read More
By Vikram SubhedarLONDON, April 5 (Reuters) - Caution prevailed across major markets on Wednesday before a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping later this week, although metals and oil prices firmed on hope of better global demand.Market participants will also see the release of minutes from the last U.S. Federal Reserve meeting in wh...Read More
Investing.com - Gold prices were little changed near the prior session's one-week in European trading on Wednesday, as investors awaited fresh signals about the timing of the next U.S. interest rate hike while looking ahead to an upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping.Comex gold futures dipped 95 cents, or less than 0.1%, to $1,257.45 a troy ounce by...Read More
Description This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved. For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making. Our analysts are based in the markets they analyse and work with...Read More
Palisade Research April 5, 2017 Category: Research Source Exploration (CVE:SOP, FRA:4QW1, OTCMKTS:SRXLF)Current Price: C$0.27Shares Outstanding: 26.3 millionMarket Capitalization: C$7.1 million52-Week Range: C$0.02-C$0.37Cash: ~C$1.2 millionTotal Liabilities: ~C$0.8 millionAt 24 years of age, Matt Geiger is one of the brightest and youngest minds in the resource space.In 2011 he dropped out of the...Read More
Fluid ounces. Image: Polyus GoldTo give a true picture of the size and potential of the globe's largest deposits of gold, MINING.com and sister company IntelligenceMine ranked the orebodies according to total resources - measured, indicated and inferred. Many companies include proven and probable reserves that can be economically extracted in resource estimates and the ranking was adjusted where...Read More
Barkerville Gold Mines Ltd. (TSXV: BGM) ("BGM" or the "Company") announces that it has successfully completed the permit amendment process required by the Mines Act (British Columbia), and has received the required permits to begin the development and mining of the Bonanza Ledge Deposit on Barkerville Mountain near Wells, British Columbia. Mine development is expected to begin immediately, with pr...Read More
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) has appointed experienced miner Alex Bates to lead the company's business in Australia. Mr. Bates has been serving as acting Regional Senior Vice President since mid-January.Alex Bates, Senior Vice President, Newmont Australia (Photo: Business Wire)"Alex's quarter-century of experience delivering step-change improvements in mine saf...Read More
DENVER-(BUSINESS WIRE)- Newmont Mining Corporation (NYSE:NEM) (Newmont or the Company) today published Beyond the Mine, the Company's annual report on its progress toward achieving its purpose - to create value and improve lives through sustainable and responsible mining."Building a healthier, safer and more environmentally sound and socially responsible business is embedded in our long-term busin...Read More
(Updates prices, changes comment, dateline from previous LONDON)* Wall St cuts losses as Trump talks deregulation, infrastructure* Trump-Xi meeting is top-of-mind for tradersBy Rodrigo CamposNEW YORK, April 4 (Reuters) - Oil prices rose on Tuesday after forecasts of lower U.S. inventories outweighed a pickup in output in Libya, and energy sector stocks helped keep Wall Street little changed.Stocks...Read More
Investing.com - Gold prices firmed in European trading on Tuesday, extending gains into a third session as investors turned their attention to U.S. trade data ahead of President Donald Trump's meeting with Chinese President Xi Jinping.Comex gold futures rose $5.80, or around 0.5%, to $1,259.80 a troy ounce by 2:55AM ET (06:55GMT), after hitting an overnight high of $1,260.15, its strongest level i...Read More
Less red ink more blue skyMINING.com and sister company IntelligenceMine's ranking of the world's 50 largest mining companies based on market value continues to show an industry in recovery.At the end of the first quarter this year the top 50 companies had a combined worth of $842 billion. In total these companies' added $258 billion in market capitalization over the past 12 months and a good fif...Read More
The European Union passed Monday fresh rules that make it more difficult for armed groups to finance their activities through the sale of so called conflict minerals.The new legislation, which becomes binding in January 2021, forces all the 28 member countries to identify the source of their metals and mineral imports, particularly gold, tin, tantalum and tungsten, which are highly used in tech d...Read More
Investing.com - Gold prices edged lower on Monday, kicking the week off with modest losses as investors awaited fresh signals about the timing of the next U.S. interest rate increase this year.Comex gold futures dipped $2.50, or around 0.2%, to $1,248.65 a troy ounce by 2:45AM ET (06:45GMT). Meanwhile, spot gold was down $2.30 at $1,246.80.Also on the Comex, silver futures for May delivery shed 5....Read More
(Adds company news items, futures)April 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 6 points at 7,328 on Monday, according to financial bookmakers, with futures FFIc1 up 3 points ahead of the cash market open.* LLOYDS: The British government has reduced its holding in Lloyds Banking Group PLC LLOY.L to less than 2 percent, putting the lender on track to be in full private owner...Read More