The International Monetary Fund said it is resuming loan disbursements to Chad after the Central African oil producer reached an agreement in principle to restructure its more than $1 billion debt to Glencore and four banks.The IMF also said in a statement late on Friday that it expects Chad's economy to grow by 3.5 per cent this year, after it contracted by 3.1 per cent last year, assuming the te...Read More
Federal judge Sebasti??n Casanello prosecuted Sergio Lorusso, Argentina's former Secretary of Environment, and Jorge Mayoral, former Secretary of Mines.The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's (TSX, NYSE:ABX) Veladero mine, the first of three similar incidents registered at the operation between 2015 and 2017.According to Casanello's decis...Read More
It appears that China is ready to re-enable some speculative excess once again in its stock market...Read full newsRead More
The swap is the culmination of a longstanding agreement that began almost a decade ago.Read full newsRead More
Jonathan Thompson places the Gold King Mine spill within the long history of mining and pollution in Southwest Colorado.Read full newsRead More
K92 Mining Inc:Read full newsRead More
Inside a few reasons that explain the recent rally in gold mining ETFs.Read full newsRead More
Following a 50% rise in its share price, Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) stock is back down to a three-month low, as the markets have cooled off to start 2018.Despite being one of the largest publicly traded companies in Canada, Teck is one of the better stocks to trade, with the shares doubling in 2017 after gaining more than 700% in 2016.With the stock having recently made new lows a...Read More
Golden Share Resources Analysis I am approaching this as a developing story as that is the best way to examine it. The story began four weeks ago when a professional investor in Montreal suggested that I meet with a small cap mineral company. It was de...Read More
This episode is all about base metals, with the latest developments in iron ore, copper and zinc. But the biggest news of all is the imposition of sanctions by the U.S. government on Russian aluminum giant Rusal, whose shares immediately dropped by more than 50%, and the turmoil this has created in global aluminum markets.Plus, a look at the past month of trading of mining stocks on Canadian excha...Read More
According to media sources close to the Iranian government, Russian heavy bombers are once again permitted to operate from Iranian military airfields.Read full newsRead More
"That's not the way the world really works anymore. We're an empire now, and when we act, we create our own reality...We're history's actors...and you, all of you, will be left to just study what we do."Read full newsRead More
FlowGroup PLC (LON:FLOW) couldn't stop the outflow of investors this week after the alternative energy group confirmed it had reached a deal to sell off its core energy supply business to a rival.The ?9.25mln sale of Flow Energy to Co-operative Energy is effectively the start of the winding up process for cash-strapped FlowGroup, which has struggled to attract extra investment recently.After bein...Read More
Echo Energy Plc (LON:ECHO) told investors that it has successfully brought gas to surface following the well workover of a three well programme at the Fracci??n D asset, onshore Argentina.The existing well, tagged CSo-85, perforated a previously untapped gas reservoir which flowed to surface without any further intervention. Gas flows from the reservoir are estimated at 2mln cubic feet per day. A...Read More
A young gold miner works in Makala gold mine camp near the town of Mongbwalu in Ituri province, eastern Democratic Republic of Congo. REUTERS/Goran TomasevicRead full newsRead More
President Donald Trump's longtime personal attorney Michael Cohen was known to tape conversations with associates and store them ?EURo and Trump's allies are now worried the FBI has those files after raiding Cohen's offices this week, The Washington Post reported Thursday.Read full newsRead More
The U.S. Environmental Protection Agency is firing back at a mining company that accused the agency of letting untreated mine wastewater get into the Animas River in southwestern Colorado.Read full newsRead More
ELKO - Barrick Gold Corp.'s gold production for the first quarter of this year totaled 1.05 million ounces, including 471,000 ounces from Barrick Nevada operations and 46,000 ounces from itsRead full newsRead More
Inside a few reasons that explain the recent rally in gold mining ETFs.Read full newsRead More
Peter Munk, who has died aged 90, was a Hungarian-born immigrant to Canada who built the world’s largest gold mining company.Read full newsRead More