Japanese trading house Mitsui & Co. is increasing its stake in Chile's Collahuasi copper mine, also owned by Anglo American and Glencore (44% each), but has decided to sell its 1.25% stake in the Los Pelambres mine, Antofagasta's (LON:ANTO) flagship asset.Mitsui has agreed to acquire JX Nippon Mining & Metals' 3.6% interest in Collahuasi, which takes its total stake in the mine to 11.03%...Read More
Brazil's Vale (NYSE:VALE), the world's No.1 iron ore miner, said Friday that output of the steelmaking material hit a fresh record high in 2017 thanks mainly to the outstanding performance of its so-called northern system, even though seaborne sales were a tad lower than in 2016.The Rio de Janeiro-based company said total iron ore production last year reached a record of 366.5 million tonnes, as...Read More
https://www.reuters.com/LONDON, Feb 16 (Reuters) – Nickel has enjoyed a blistering start to 2018. On the London Metal Exchange (LME) three-month nickel has this week punched up through the $14,000 level for the first time since May 2015 to hit a Thursday high of $14,420 per tonne.It has gained 10 percent since the start of the year and has bounced 34 percent from its December low of $10,740...Read More
Posted: Feb 16, 2018JK: Discovery Watch Feb 16, 2018 with Jim Goddard and John KaiserPublished: Feb 16, 2018HSC: Discovery Watch Feb 16, 2018: Is the Peregrine Really a Buzzard?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The proje...Read More
To thunderous applause, Colorado School of Mines introduced the newest member of the Oredigger family at Rock the Lock on February 16. Mines students, staff, alumni, fans and friends warmly welcomed the new mascot, Blaster, to campus before the men's basketball game.Blaster the Burro has been a beloved part of the Mines family since the 1950s. Blaster is the symbol of steadfast determination and h...Read More
Posted: Feb 16, 2018JK: Discovery Watch Feb 16, 2018 with Jim Goddard and John KaiserPublished: Feb 16, 2018HSC: Discovery Watch Feb 16, 2018: Is the Peregrine Really a Buzzard?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The proje...Read More
Posted: Feb 16, 2018JK: Discovery Watch Feb 16, 2018 with Jim Goddard and John KaiserPublished: Feb 16, 2018HSC: Discovery Watch Feb 16, 2018: Is the Peregrine Really a Buzzard?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The proje...Read More
Posted: Feb 16, 2018JK: Discovery Watch Feb 16, 2018 with Jim Goddard and John KaiserPublished: Feb 16, 2018HSC: Discovery Watch Feb 16, 2018: Is the Peregrine Really a Buzzard?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The proje...Read More
Posted: Feb 16, 2018JK: Discovery Watch Feb 16, 2018 with Jim Goddard and John KaiserPublished: Feb 16, 2018HSC: Discovery Watch Feb 16, 2018: Is the Peregrine Really a Buzzard?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The proje...Read More
This is it, dear reader. The culmination of more than half a decade's worth of progress. If you haven't paid attention to the U.S. liquefied natural gas (LNG) story yet, please take the time to learn the backstory of one of the greatest energy booms in U.S. history.You may not realize that the real U.S. LNG story started way back in August of 2010, when a strange, bulky package arrived on the desk...Read More
When tragedy strikes it is understandable that people get emotional. But they often forget that the media knows how to pull the heartstrings for nefarious reasons. If a media campaign looks coordinated, it probably is. We should never let the emotions they trigger override our logic, and threaten our safety.And we shouldn’t let whole groups be punished for the crimes of individuals. Nothing...Read More
When tragedy strikes it is understandable that people get emotional. But they often forget that the media knows how to pull the heartstrings for nefarious reasons. If a media campaign looks coordinated, it probably is. We should never let the emotions they trigger override our logic, and threaten our safety.And we shouldn’t let whole groups be punished for the crimes of individuals. Nothing...Read More
CloseGain/LossGold $1353.40+$1.30Silver$16.88+$0.01XAU85.48-0.02%HUI189.36-0.02%GDM645.96+4.90%JSE Gold1197.05+23.79USD88.58-0.37Euro125.02+0.44Yen94.27+0.78Oil$61.34+$0.7410-Year2.902%-0.009T-Bond143.90625+0.53125Dow25200.37+1.23%Nasdaq7256.43+1.58%S&P2731.20+1.21% The Metals: Gold gained $4.90 to $1357.00 in late Asian trade before it drifted back to $1348.60 in London and then bounced b...Read More
Research Director at GoldCore, Mark O'Byrne talks to IG TV's Victoria Scholar about the outlook for the gold price.In this interview, Mark O'Byrne, research director at Goldcore, says the fact that the gold price did not spike during last week's equity sell-off was to be expected.He said even at the height of the global financial crisis, amid the collapse in the Wall Street behemoth Lehman Broth...Read More
India, a nation that accounts for around a fifth of annual global gold demand, has a long history of gold-focused policies. These, however, have often distorted the market rather than achieving policymakers’ aims. Announcements in the Union Budget on 1 February 2018, however, suggest this might change. Arun Jaitley, India’s Finance Minister, explicitly highlighted the government’...Read More
Mr. Nolan Watson reportsSANDSTORM GOLD ANNOUNCES 2017 FOURTH QUARTER AND ANNUAL RESULTSSandstorm Gold Ltd. has released its results for the fourth quarter and year ended Dec. 31, 2017 (all figures in U.S. dollars). Fourth quarter highlights: Attributable gold equivalent ounces sold (1) of 12,032 ounces (Q4 2016 -- 13,245 ounces); Revenue of $15.4-million (Q4 2016 -- $16.5-million); Operating cash...Read More
David Linsley, chief executive of Pembridge Resources plc (LON:PERE), tells Proactive's Andrew Scott they're set to become a cash flow generating copper producer with the acquisition of Yukon-based Minto Explorations.Currently an acquisition vehicle or SPAC, Pembridge will pay US$37.5mln in cash to vendor Capstone Mining plus shares equivalent to a 9.9% stake in the enlarged company.Pembridge will...Read More
Gold prices inched lower, pausing after the dollar's weakness propelled the precious metal to its best day since March a day earlier.Read full newsRead More
FTSE 100 rises 20.84 points Standard Life Aberdeen slumps as Lloyds pulls fundsOld Mutual and Mondi shares jump on President Zuma resignsMosman Oil tanks after placing newsTiou Energy another loser on its Botswana bids CLOSEThe FTSE 100 closed strongly on Thursday, was up 20.84 or 0.29% at 7,234.81, helped by mining stocks which took their cue from the higher prices of metals.The more UK...Read More
Desert Gold Ventures Inc. ('Desert Gold' or 'the Company') (TSX.V: DAU, FF: QXR2, OTC: DAUGF) is pleased to announce that drilling has begun on its Farabantourou project located in western Mali.Read full newsRead More