Swiss-based trading and mining giant Glencore will declare force majeure on some aluminium supply, days after the United States sanctioned major supplier Rusal and its boss, metals magnate Oleg Deripaska, a source familiar with the matter said.Glencore is a Rusal shareholder and one of its biggest customers. Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesd...Read More
* Chairman says zinc deposits difficult to find* Says zinc demand strengthening in multiple sectorsBy Chris MfulaLUSAKA, April 11 (Reuters) - Zinc prices are expected remain buoyant in the coming years after reaching their highest levels in a decade because of a shortfall caused by years of underinvestment, the founder and chairman of Vedanta Resources said on Wednesday.A rally in zinc prices to t...Read More
Salares Norte - high-grade gold-silver oxide deposit discovered by Gold Fields in March 2011By Peter HobsonSANTIAGO, April 11 (Reuters) - South African miner Gold Fields Ltd will complete preparatory work in 2019 at its Salares Norte project in northern Chile and is eyeing potential output of around 345,000 ounces of gold a year at the site by the early 2020s, a company executive said.Gold Fields...Read More
DMR engagement with all stakeholders ongoingRead full newsRead More
While congresscritters expressed outrage at Facebook's intrusive data grabs during Capitol Hill hearings with Mark Zuckerberg this week, not a peep was heard about the Silicon Valley-Beltway theft ring purloining the personal information and browsing habits of millions of American schoolchildren.It doesn't take undercover investigative journalists to unmask the massive privacy invasion enabled by...Read More
This recent IPO expects big-time income growth up ahead.Read full newsRead More
Recovering gold, copper and other metals from electronic waste - a practice called "urban mining" - is not only more environmentally friendly than extracting virgin materials, but can also be more cost effective. Newly published research shows that the revenue from selling metals recovered through recycling television sets far outweighs the recyclers' expenses. With these offsets, it costs 13 time...Read More
NEW YORK, NY / ACCESSWIRE / April 10, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...Read full newsRead More
Jose Alberto Gamboa,whose smile flashes the gold he has spent his life digging fromColombia's frosty Andean mountains, says he will do whatever ittakes to protect his town's only industry: mining.Read full newsRead More
Cash in on firmer gold by investing in Continental Gold Inc. (TSX:CNL).Read full newsRead More
Find out how Barrick took a leap forward in driving innovation from the inside out through BattleBorn-a week-long series of tech ...Read More
Copper producers could risk losing ground to substitute materials if they prove unable to meet rising demand over the next decade, an analyst has warned at the World Copper Conference in Santiago.Tom Azzopardi in Santiago Copper substitution threat rising, says CRU analyst11 APRIL 201811/04/2018commentsshare Vanessa Davidson, CRU's director of copper research and strategy, said that copper prices...Read More
South American's lithium triangle is likely to be the chief source of the sought-after mineral over the next decade, Daniela Desormeaux, head of Chilean consultancy SignumBox, told the International Mining Exploration Forum in Santiago.Tom Azzopardi in Santiago Lithium Triangle competing with hard-rock deposits in Australia and elsewhere for new investment11 APRIL 201811/04/2018commentsshare Altho...Read More
Chile's state copper company Codelco is pushing ahead with plans to thin the workforce despite sharp union opposition at its Chuquicamata operation as it converts from openpit to underground mining, CEO Nelson Pizarro says.Tom Azzopardi in Santiago The giant Chuquicamata openpit mine in Chile11 APRIL 201811/04/2018commentsshare "This is a difficult process to assimilate but it is unavoidable," the...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for May delivery gained $2.09 to $65.51 on the New York Merc, while Brent for June gained $2.39 to $71.04 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.80 to WTI ($4...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a mediocre 73-81-140. The TSX Venture Exchange rose 10 points to 776 while polished diamond prices edged higher. Quentin Yarie's Honey Badger Exploration Inc. (TUF) hit an intraday hi...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold rose $4.30 to $1,340.00 on Tuesday. The TSX Venture Exchange rose 10.68 points to 776.14 while the TSX Gold Index rose 0.42 point to 184.53. Most Canadian gold miners moved little again today. Kinross Gold Corp. (K)...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange gained 10.68 points to 776.14 Tuesday. Rudy Cheddie has filed a final prospectus to list his first capital pool shell, Cherry Street Capital Inc. It is selling a $525,000 to $750,000 initial public offering at...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellLawyers for John Edwards, the only person in jail for the massive CMKM Diamonds Inc. fraud, have asked the judge to release their client. They say that Mr. Edwards is in poor health, both mentally and physically. They also say that they are negotiatin...Read More
Manama, capital of Bahrain, could host the 2019 World Jewellery Confederation CIBJO Congress.During a visit to the kingdom, the president of the self-described "United Nations of the jewelry business," Gaetano Cavalieri, met with Yaser Alsharifi, chairman of DANAT, the Bahrain Institute for Pearls & Gemstones, who brought up the idea of the new location for the next year's meeting. Hosting su...Read More