(Bloomberg) - Glencore Plc and Randgold Resources Ltd. are among major mining companies in the Democratic Republic of Congo clubbing together in a bid to stop sweeping legal reforms, claiming their interests were poorly served by the existing industry body.In a letter sent to Congolese President Joseph Kabila on Feb. 8 and seen by Bloomberg, investors requested a meeting "to once again put forwar...Read More
Feb 19 (Reuters) - Battery and technology metals developer Australian Mines Ltd said on Monday it signed a deal with Korea's SK Innovation Co Ltd to supply cobalt sulphate and nickel sulphate from its flagship Sconi project.The commodity off-take agreement, which is for an initial period of 7 years, is for SK Innovation's newly developed battery manufacturing plant in Hungary and Korea, the compan...Read More
Feb 19 (Reuters) - Petra Diamonds Ltd said core earnings fell 8 percent in the first half of the year, hurt mainly by a strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania.The miner issued a profit warning and cut its production forecast last month after it faced a string of issues, including a three-week strike at its South Africa operations and the blo...Read More
JOHANNESBURG, Feb 19 (Reuters) - Anglo American Platinum (Amplats), the world's top platinum producer, announced its first dividend in seven years on Monday as full-year headline earnings more than doubled and said it was not committing capital to major projects in 2018.Amplats' investment stance highlights the fragile state of platinum mining in South Africa, home to around two-thirds of known re...Read More
Mosaic Co, the world's largest producer of finished phosphate products, on Monday reported a 12 percent rise in net sales driven by higher potash and phosphates prices.Plymouth, Minnesota-based Mosaic sold 2.5 million tonnes of diammonium phosphate in the fourth quarter at an average price of $348 per tonne, up from $317 per tonne a year earlier.The U.S. fertilizer company's average potash selling...Read More
Copper miner evaluating Baimskaya stake in RussiaRead full newsRead More
The integrity of the global financial system rests on the ability of the U.S. to enforce sanctions, but it is only as strong as its weakest link.Read full newsRead More
Chinese New Year, also known as Lunar New Year, is a festival celebrated at the turn of the lunisolar Chinese calendar for 15 days until the next full moon.Read full newsRead More
New Talisman Gold Mines Limited (NZSE:NTL), a NZ$32.47M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it suppliesRead More...Read full newsRead More
The desire to own altcoins will only increase; and innovative companies worldwide are gearing up to answer the trend.Read full newsRead More
TORONTO, ON--(Marketwired - February 16, 2018) -Brio Gold Inc. ('Brio Gold') (TSX: BRIO) is pleased to announce that it has entered into a definitive agre...Read full newsRead More
CABORCA, Mexico, Feb. 16, 2018 (GLOBE NEWSWIRE) - Mexus Gold US (OTCQB:MXSG)("Mexus" or the "Company") announced today that a small amount of gold has been sold as a result of its joint venture operation at the Santa Elena mine. MexusGold S.A. de C.V.'s operating partner, MarMar Holdings, has informed Mexus that 8.2 oz of gold ...Read full newsRead More
But Bitcoin could be so much more than digital gold.Read full newsRead More
But Bitcoin could be so much more than digital gold.Read full newsRead More
Drill results are important indicators not only for mining and exploration companies, but nearly all stakeholders involved, including existing shareholders and potential investors.Read full newsRead More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Before diving into the topic, let's be clear about one thing: The economic definition of "inflation" is the increase in money supply relative to the marginal increase of wealth output (GDP) in the economic system for which money supply is created. This is differentiated from "price inflation," which would is "a general rise in prices."Money and credit creation in excess of wealth output causes...Read More
Exploring the Mariana lithium project in Argentina. Source: International Lithium Corp.International Lithium said the program, targeting the Fairservice Pegmatite 6 Prospect, consisted of nine core holes for a total of 1,591 metres, and delivered multiple intersections of spodumene-bearing pegmatite.Core has been cut and samples sent for laboratory analysis. Results are expected to be available ne...Read More
Mining operations at the San Martin Mine in Queretaro, Mexico. Source: Starcore International Mining Ltd.During the third quarter of fiscal 2018, ended January 31, 2018, the company said a total of 65,598 tonnes was milled at the San Martin Mine in Queretaro at an average grade of 1.23 g/t gold and 16.46 g/t silver, resulting in production of 2,405 gold equivalent ounces.Mill recoveries averaged 8...Read More
I’m not judging, I do the same thing. Being attracted to negative news is ingrained into the psyche.Biologically speaking, it is a trait that makes you aware of danger, and therefore more likely to avoid it. But in the modern world, the negative headlines don’t help us avoid danger.In fact, the depressing news drags us into the biggest danger in the modern world.Listening to the “...Read More