Via Sovereignman.comEvery year around this time I attend a small, private event to break bread with some of the most invigorating people I know.There's only about 100 people in the room– but they're all at the top of their game... business and intellectual leaders from a variety of industries.And we gather each year to build relationships with one another and hear about some cutting edge ide...Read More
China's iron ore futures rose on Monday, the second day the contracts have been open to direct trade by foreign investors, with robust restocking demand amid resuming steel capacity helping to push prices higher."Downstream demand remains very strong at this moment as construction sites rush to work as much as they can before rainy season starts in June," said Gu Meng, analyst at Orient Futures.Th...Read More
Australia's biggest gold miner Newcrest Mining Ltd said it expects its flagship Cadia mine to return to full production rates by the end of June.The miner said it had begun depositing tailings into the Cadia Hill open pit over the weekend, after receiving approval from the New South Wales Department of Planning and Environment last month.Newcrest restarted processing at Cadia last month after halt...Read More
Meteoric Resources (ASX:MEI) announced today it has signed a binding agreement to acquire 100% ownership of the Lorrain Cobalt Project, located 9 kilometres from the town of Cobalt in Ontario, Canada.In a press release, the miner said the acquisition of this project is part of its strategy to grow its land position in the cobalt-silver belt of Ontario, an area that has produced 50 million pounds o...Read More
Gold just ended its third straight week in the red as investors rediscovered their love for a different safe-haven asset: the U.S. dollar. The yellow metal will find favor again, says Bank of America Merrill Lynch technical strategist Paul Ciana.Read full newsRead More
Gold just ended its third straight week in the red as investors rediscovered their love for a different safe-haven asset: the U.S. dollar. The yellow metal will find favor again, says Bank of America Merrill Lynch technical strategist Paul Ciana.Read full newsRead More
Qatar emerged as a major shareholder in Rosneft PJSC on Friday after a $9 billion deal to sell a stake in Russia's state-run oil producer to China's troubled CEFC Energy Co. collapsed.Qatar Investment Authority stepped in after the sellers - a consortium of QIA itself and mining giant Glencore Plc - told CEFC it wouldn't proceed with the original deal announced in October. A statement issued by Gl...Read More
Qatar emerged as a major shareholder in Rosneft PJSC on Friday after a $9 billion deal to sell a stake in Russia's state-run oil producer to China's troubled CEFC Energy Co. collapsed.Qatar Investment Authority stepped in after the sellers - a consortium of QIA itself and mining giant Glencore Plc - told CEFC it wouldn't proceed with the original deal announced in October. A statement issued by Gl...Read More
The death toll from Saturday's coal mine blast and landslides in southwest Pakistan climbed to 23 on Sunday, officials said, after ending their rescue operation.At least 16 miners died on Saturday and more than a dozen were trapped after an explosion in a mine in the Marwar coalfields in Baluchistan province, Director of Disaster Management Attaullah Khan said.A methane gas build-up inside the min...Read More
Rescue teams have confirmed the death of a second Polish coal miner and are searching for three more trapped nearly a kilometre underground after a quake, the chief executive of the mine owner said.The quake hit the Borynia-Zofiowka-Jastrzebie coal mine in southern Poland on Saturday morning, initially trapping seven miners at a depth of about 900 metres (2,950 feet). It was the mine's strongest q...Read More
State energy giant Qatar Petroleum said on Sunday that it will list 49 percent of its shares in the country's aluminium smelter plant Qatalum in a public offering.The joint venture, in which Norway's Norsk Hydro owns 50 percent, is expected to be listed on the Qatar Exchange during the last quarter of this year after the necessary approvals.The move is part of the country's plan to "increase the p...Read More
With the support of EarthRights International, the Peruvian Chaupe Family announced this week that they intend to appeal a recent decision by a federal court in Delaware that ruled that their case against Newmont Mining Corporation (NYSE:NEM) should be heard in Peru - not Delaware, where the company incorporated almost 100 years ago.In a press release, EarthRights said that the Chaupes will fight...Read More
Mine operator Sibanye-Stillwater said five of 13 miners trapped underground in a South African gold mine were rescued but one of the five had died.Read full newsRead More
Four workers trapped underground after an earth tremor at a Sibanye Gold Ltd. mine in South Africa have died, bringing the number of people killed at the company's operations this year to at least 10.Read full newsRead More
A mining company in South Africa says seven workers died and six were rescued after an earth tremor caused a rock fall at a gold mine.Read full newsRead More
Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
Rescue teams have yet to reach three miners who were trapped underground after an earth tremor at a Sibanye Gold Ltd. mine in South Africa triggered a cave-in that killed at least four people.Read full newsRead More
A mining company in South Africa says four workers have died and two others are missing after an earth tremor caused a rockfall at a gold mine.Read full newsRead More
Kejuan Frazier and Andrew Strzelecki were event champions on the first day of the MIAA Outdoor Track & Field ChampionshipRead full newsRead More
Mine operator Sibanye-Stillwater said five of 13 miners trapped underground in a South African gold mine were rescued but one of the five had died.Read full newsRead More