The Chilean government asked both workers and management at BHP's (ASX, NYSE:BHP) Escondida copper mine, the world's largest, to put an end to the labour conflict they have been dragging for months now and that needs to be resolved before a 30-month contract expires on July 24.Speaking to local media, Finance Minister Felipe Larra?-n said an agreement must be reached soon to avoid a strike and, th...Read More
The Chilean government asked both workers and management at BHP's (ASX, NYSE:BHP) Escondida copper mine, the world's largest, to put an end to the labour conflict they have been dragging for months now and that needs to be resolved before a 30-month contract expires on July 24.Speaking to local media, Finance Minister Felipe Larra?-n said an agreement must be reached soon to avoid a strike and, th...Read More
Gold speculators increased both long and short positions on the week with minimal positional change.Gold producers & merchants cut both long and short positions which suggests gold is being driven by speculators and true physical market activity is low.In silver speculators on both the long and short side cut positions.Platinum interest has been rising as the short position has soared.The pall...Read More
In a nearly unprecedented move, Romania changed course on a bid to protect a site containing rare archeological artifacts.Read full newsRead More
Granada Gold Mine announced that it has completed its trenching program at Aukeko property, immediately adjacent to its flagship gold property, the Granada Gold Mine, in the province of Quebec, Canada.Read full newsRead More
On nights lit by a full moon, thieves leap from trucks onto trains as they roll through Chile's Atacama Desert, before throwing 80-kilo (180-pound) slabs of copper to the ground and disappearing into the dark.It's a tactic known as "the cat" and the robbers are "moles" because no one knows where they come from or where they hide their loot. What's worse for the mines that dot the desert, the robbe...Read More
On nights lit by a full moon, thieves leap from trucks onto trains as they roll through Chile's Atacama Desert, before throwing 80-kilo (180-pound) slabs of copper to the ground and disappearing into the dark.It's a tactic known as "the cat" and the robbers are "moles" because no one knows where they come from or where they hide their loot. What's worse for the mines that dot the desert, the robbe...Read More
Africa's richest man, Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in Nigeria.The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing.Cairo-based Africa's trade bank also signed a $750 million facility with Nigeria's development bank, the Bank...Read More
Africa's richest man, Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in Nigeria.The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing.Cairo-based Africa's trade bank also signed a $750 million facility with Nigeria's development bank, the Bank...Read More
It's been a decade since the Argentinian government last polled its mining sector but this week some results from a census carried out in 2106 were made public.According to the document the National Institute of Statistics and Census made available online, over 1,500 mining companies were operating in the South American country in 2016. Their extractive activities generated $1,329 million while th...Read More
It's been a decade since the Argentinian government last polled its mining sector but this week some results from a census carried out in 2106 were made public.According to the document the National Institute of Statistics and Census made available online, over 1,500 mining companies were operating in the South American country in 2016. Their extractive activities generated $1,329 million while th...Read More
It's been a decade since the Argentinian government last polled its mining sector but this week some results from a census carried out in 2106 were made public.According to the document the National Institute of Statistics and Census made available online, over 1,500 mining companies were operating in the South American country in 2016. Their extractive activities generated $1,329 million while th...Read More
Researchers at Vanderbilt University in the U.S. have developed a technique that allows gold to actually 'shine' inside 3D printed parts to highlight any problems.The scientists used particles of gold that are 100,000 times thinner than a human hair and that show up as a deep maroon colour. The elements were embedded inside printing material to see whether it could help flag defects.The process in...Read More
Researchers at Vanderbilt University in the U.S. have developed a technique that allows gold to actually 'shine' inside 3D printed parts to highlight any problems.The scientists used particles of gold that are 100,000 times thinner than a human hair and that show up as a deep maroon colour. The elements were embedded inside printing material to see whether it could help flag defects.The process in...Read More
Researchers at Vanderbilt University in the U.S. have developed a technique that allows gold to actually 'shine' inside 3D printed parts to highlight any problems.The scientists used particles of gold that are 100,000 times thinner than a human hair and that show up as a deep maroon colour. The elements were embedded inside printing material to see whether it could help flag defects.The process in...Read More
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Subscribe to our channel! rupt.ly/subscribeA pro-Trump meets a 'Free Tommy Robinson' in London on Saturday, July 14, as the US President is visiting the country. Counter-protests have been organised.Trump is on a three-day visit to the United Kingdom after taking part in a NATO Summit in Brussels and before meeting with Russian President Vladimir Putin in Helsinki on July 16.Video ID: Video on Dem...Read More
Mining stocks are hot property at the moment, with materials making up one-half of a global market-saving tag team alongside financials right now. If you're looking to buy mining stocks in 2018, however, you want to be very sure that they have good value. As minerals and precious metals stocks tend not to pay dividends, your profits will be coming from future capital gains that will have survived...Read More
With a rising U.S. dollar, gold has started to fall in recent weeks. The retreat has driven a lot of gold-related stocks down, making them more attractive for investors wishing to add some to their portfolios. The global trade tensions and economic uncertainty often lead some investors to believe that gold may be an effective hedge if things really start to go south. There are many ways to hold go...Read More
Every month Government, corporate and household debt hits a new all-time high. The entire financial system is heading down an unsustainable path of debt issuance. The delinquency rate for auto and credit card debt is already at levels last seen in late 2008. The only reason the banks are not on the ropes - yet - is because they are still sitting on most of the liquidity the Fed injected into the b...Read More