Published on: Jan 11, 2018 | by finfeedNorthern Cobalt (ASX:N27) has provided an update from its Stanton Cobalt Deposit in the Northern Territory. The company commenced its scoping study of the promising region on 2 January this year, with drill core samples from its diamond drilling program at the deposit arriving in Adelaide on 22 December 2017.Core inspection by the scoping study team commenced...Read More
Mid-tier Canadian miner B2Gold (TSX, NYSE:BTO) said Thursday it had achieved record fourth quarter and full-year output in 2017, thanks mainly to the start of commercial production at its Fekola mine, in south-western Mali.The Vancouver-based company, which poured its first gold at Fekola in November, produced 630,565 ounces of the yellow metal last year, a figure that includes the 79,243 ounces...Read More
Global miner Rio Tinto (ASX, LON:RIO) is said to have ditched plans to own a stake in Chile's Chemical and Mining Society (SQM), the world's largest lithium producer, due to a mix of tricky politics and the fact that such miner is currently the target of several claims.Chilean authorities accuse SQM of underpaying royalties, environmental violations and illicit political financing, which have ma...Read More
Russian miner Alrosa (MCX:ALRS), the world's top diamond producer by output, saw 2017 sales fall to $4.3 billion, from $4.5 billion in the previous year, as the average price of its rough rocks declined.Alrosa's vice president Yury Okoemov said that despite the dip last year was a good one for the company with demand being fairly stable, and market activity in line with the seasonality and the fi...Read More
A recent study published in the journal California History reveals that, together with hundreds of people, exotic animals arrived in California during the Gold Rush of the 1850s.According to the study's author, Ph.D. candidate in the Department of Anthropology at The University of New Mexico Cyler Conrad, the men and women who landed in the northwestern state with the dream of striking it rich car...Read More
Klondex Mines Ltd. (KDX:TSX) announced this week the immediate reduction of underground mining operations and workforce at its True North mine, located about 165 kilometres northeast of Winnipeg, in the Canadian province of Manitoba.Although Klondex had big hopes for the 43,000-hectare complex when it acquired it in January 2016, the mine didn't make as much money as it was supposed to in 2017. Pr...Read More
Together with Ecuador's Ministry of Mines, Canadian Lundin Gold (TSE:LUG) officially inaugurated two tunnels at its Fruta del Norte gold-silver project, located in the southeastern province of Zamora Chinchipe. The tunnels were named Kuri, which means gold in the Indigenous language Shuar, and K'isa, which means fruit in Quechua.Following the completion of soft tunneling in December 2017, mine dev...Read More
While Elon Musk and Tesla fight to dominate the lithium battery-powered vehicle market, Hyundai is still placing bets on hydrogen.The South Korean carmaker unveiled its latest generation of hydrogen fuel cell EVs (FCEVs), called the Nexo, at CES in Las Vegas this week. The Nexo is Hyundai's latest evolution of its ix35 FCEV, which first began very limited production in 2013.The Nexo is one of the...Read More
President Donald Trump said he wishes the United States would tap hydroelectric power. It already generates about 6.5 percent of U.S. power.Read full newsRead More
Supporting coal makes no sense, but nuclear power should stay in the picture.Read full newsRead More
Ed Hammond is joined by Matt Monks to discuss the latest merger trends in America's power and utility industry after Dominion Energy agreed a $14.6 billion takeover of South Carolina electricity supplier Scana Corp. The two also look at why so many power companies have been sold in the latest merger boom, and how local politics can dictate the terms of even the largest deals in the sector. Finally...Read More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Venezuela's opposition-run parliament on Tuesday outlawed aRead full newsRead More
Iran has the capability to increase its enrichment of uranium, the country's atomic energy agency has said, noting that Tehran will perform the "necessary actions" if the US re-imposes sanctions on the country's oil exports.Read full newsRead More
Sarah Sanders' statement came after President Trump warned over the weekend that the U.S. would be watching 'very closely' for human rights...Read full newsRead More
Trump is being urged by some top advisers to waive sanctions on Iran by a Friday deadline, but privately he is expressing reluctance to do so.Read full newsRead More
Until and unless the urban middle classes and the poor join in common cause-as they did in 1979-there will be no revolution.Read full newsRead More
11th of January 2018: Leading mining-software solutions provider MICROMINE will preview its latest major product releases, Geobank 2018 and Micromine 2018, at Mining Indaba 2018, to be held at the Cape Town International Convention Centre from 5 to 8 February.MICROMINE is the leading provider of innovative software solutions spanning the entire mining cycle from geological exploration and data man...Read More
CloseGain/LossGold $1317.40+$3.40Silver$16.98-$0.02XAU86.07+1.32%HUI194.29+1.04%GDM650.01+0.39%JSE Gold1313.06+26.39USD92.32-0.19Euro119.57+0.18Yen89.79+0.91Oil$63.57+$0.6110-Year2.552%+0.004T-Bond150.03125-0.1875Dow25369.13-0.07%Nasdaq7153.57-0.14%S&P2748.23-0.11% The Metals: Gold fell $5.50 to $1308.50 in early Asian trade before it jumped up to as high as $1327.10 at about 6AM EST and the...Read More
- Gold at all time in eight major emerging market currencies- A stronger performance than seen when priced in USD, EUR or GBP- As world steps away from US dollar hegemony expect new gold highs in $, EUR and ?- Gold is a hedge against currency debasement and depreciation of fiat currenciesEditor: Mark O'ByrneSource: allstarcharts.com h/t @DominicFrisbyWhen we talk about the gold price we all...Read More