The proportion of US miners with Progressive Massive Fibrosis has grown dramatically since 1978, with a significantly accelerated rate of increase since 1996. This is according to researchers at the University of Illinois, who delved into the data of 314,176 miners applying for black lung benefits from 1970 through 2016. Of those, 4,679 people were suffering from PMF.The scientists also found that...Read More
Brent Cook of Exploration Insights says while institutional and retail funds are scarceRead full newsRead More
View the Canadian Platinum Corp.DealRoom Private PlacementMining stocks are cheap. Despite metals prices having advanced in several sectors, the valuations of mining companies have not reflected these gains. That spells opportunity for investors.For accredited investors wanting to take advan...Read full newsRead More
(Bloomberg) - As it battles to remain the world's biggest copper producer, Codelco just achieved a new, less enviable mantle - the only major mining company with an all-male board and senior management team.On Friday, Chilean President Sebastian Pinera tapped executive Juan Benavides to be chairman of the state-owned company. Earlier this month, he appointed Hernan de Solminihac and Patricio Brio...Read More
Die Eurokrise ist zur? 1/4 ckRead full newsRead More
Gold recently fell below $1,300 per ounce for the first time in 2018. Does that spell trouble for gold this summer?Read full newsRead More
Great Bear Resources (TSXV:GBR, OTC:GTBDF) (theRead full newsRead More
Americans might think they're living in the future of consumer payments, but many in the industry are looking to ChinaRead full newsRead More
HONG KONG/ST PETERSBURG, Russia, May 25 (Reuters) - Russian metals tycoon Oleg Deripaska stepped down as a director of his aluminum firm Rusal as part of a choreographed series of steps which he hopes will persuade the U.S. government to rescind sanctions that have crippled his businesses.Deripaska is now actively preparing the next step: reducing his stake in En+, the group which controls Rusal,...Read More
LONDON, May 25 (Reuters) - Gold miner Centamin has made a drastic cut to its full-year production guidance and raised its cost expectations because of lower grade ore at its Sukari mine in Egypt.Gold output in 2018 will now be between 505,000 and 515,000 ounces, compared with a previous forecast of 580,000 ounces, Centamin said in a production update on Friday.Centamin's all-in sustaining cost of...Read More
LONDON, May 25 (Reuters) - Gold miner Centamin has made a drastic cut to its full-year production guidance and raised its cost expectations because of lower grade ore at its Sukari mine in Egypt.Gold output in 2018 will now be between 505,000 and 515,000 ounces, compared with a previous forecast of 580,000 ounces, Centamin said in a production update on Friday.Centamin's all-in sustaining cost of...Read More
GOMA, Congo (Reuters) - A Mai Mai militia attacked Banro Corp's east Congo Namoya gold mine with rifle and artillery fire on Thursday, a Banro geologist at the mine said, killing five people and wounding several others in the second attack on the mine in less than a year."The rebels tried to take expatriate workers on site as hostages but they didn't succeed because they couldn't reach the place w...Read More
JAKARTA (Reuters) - A state audit of operations at Indonesia's Grasberg mine has cast a cloud over the government's multi-billion-dollar deal to take a majority stake in the mine from Freeport McMoRan Inc (FCX.N) and its partner Rio Tinto (RIO.AX), according to government and company officials.In April, in follow-up action to the audit, the environment minister issued two decrees that gave Freepor...Read More
Maria Florencia Humano opened a clothing store in 2016, convinced that Argentina's long history of economic crises had ended under pro-business President Mauricio Macri.Read full newsRead More
Market research company Aurora Energy Research projects that massive adoption of electric vehicles is poised to slash oil revenue by 40%, leading to a sharp correction in oil pricesRead full newsRead More
SINGAPORE, May 25 (Reuters) - In the relatively short space of the past decade the paper iron ore market has grown from virtually nothing to exceed the physical market, but now the industry is grappling with what comes next.While the growth in iron ore futures and exchanged-cleared swaps has been impressive, iron ore is still a long way behind other commodity markets, such as crude oil and some ag...Read More
Shares in Northern Dynasty Minerals plunged on Friday after the company announced the end of a partnership with fellow Canadian company First Quantum Minerals to develop the controversial Pebble mining project in Alaska.Vancouver-based Northern Dynasty said on Friday in a terse statement it was unable to reach an agreement on a proposed deal with First Quantum announced in December. Northern Dyna...Read More
(Bloomberg) - Billionaire industrialist Anil Agarwal plans to leave behind a legacy: an Indian resources group to rival the world's biggest.The founder and owner of Vedanta Resources Plc wants to keep building the company into a giant producer of the commodities that India needs to curb its reliance on imports, create jobs and reduce poverty. Despite its insatiable appetite for materials, India i...Read More
(Bloomberg) - Chile knows what it is to be expendable.Ghost towns that pepper the nation's north are a painful reminder of a time when it was replaced almost overnight as the world's top fertilizer producer. These days, the decaying buildings and rusty plants serve as a harbinger for miners embarking on a major expansion of lithium.Lithium prices have tripled in three years, triggering a race to...Read More
TORONTO, May 24, 2018-- Alamos Gold Inc. today reported new results from the ongoing surface and underground exploration drilling programs at the Island Gold Mine. Early results from the 2018 exploration ...Read full newsRead More