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Top Russian, U.S. diplomats to meet after Putin-Trump summit: Russian foreign minister

July 04, 2018 / www.kitco.com

MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov said on Wednesday that Moscow and Washington had agreed that he would meet U.S. Secretary of State Mike Pompeo after President Vladimir Putin holds a summit with U.S. President Donald Trump on July 16.Lavrov said his meeting with Pompeo would have to take place after the summit in Helsinki and not before because of his U.S. counterpart&rsqu...Read More

Japan's Abe to cancel Iran trip over U.S. pressure on Tehran: Kyodo

July 04, 2018 / www.kitco.com

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe has given up on a plan to visit Iran this summer, Kyodo News said on Wednesday, as U.S. President Donald Trump has taken an increasingly tough line against Tehran.The visit to Iran would have been the first by a Japanese leader in 40 years, forming part of Abe's scheduled tour through the Middle East from July 11, Kyodo said.But Japan has told I...Read More

METALS-Copper hits 9-month low amid trade tensions

July 04, 2018 / www.kitco.com

* LME/ShFE arb: bit.ly/2wZSAE* GRAPHIC-2018 asset returns: tmsnrt.rs/2jvdmXl (Updates prices)By Zandi ShabalalaLONDON, July 4 (Reuters) - Copper fell to a fresh nine-month low on Wednesday ahead of the implementation of trade tariffs on goods from China and the United States which could dampen demand for the industrial metal.Benchmark copper on the London Metal Exchange slipped 0.6 percent to $...Read More

Iran says Trump's oil ban on Iran is 'self harm': SHANA

July 04, 2018 / www.kitco.com

LONDON (Reuters) - U.S. President Donald Trump’s pressure on international firms not to buy Iranian oil will drive prices higher and end up hurting his own economy, a senior Iranian oil official said on Wednesday.Iran’s OPEC governor, Hossein Kazempour Ardebili, said oil should not be used as a weapon or to make political gains, according to the Iran oil ministry news agency SHANA.&ldq...Read More

For U.S. birthday, life, liberty and the pursuit of hot dogs

July 04, 2018 / www.kitco.com

NEW YORK (Reuters) - Fireworks, music and the pursuit of hot dogs will mark the 242nd year of independence for the United States on what is expected to be a steamy Wednesday in much of the country.The Independence Day holiday, which brings out crowds from small towns to big cities, is also a time when law enforcement agencies are on the alert for suspicious activity.Officials said they are taking...Read More

Euro falls, yuan rebounds as trade worries weigh

July 04, 2018 / www.kitco.com

LONDON (Reuters) - The euro fell on Wednesday as a weaker purchasing managers’ confidence in the bloc overshadowed better-than-expected data on business activity, while concerns about Washington’s end-of-week deadline to impose tariffs on Chinese imports crimped trading.The yuan was the big winner, gaining as much as 0.8 percent as the Chinese currency built on its recovery from an 11-...Read More

Exclusive: China to be less interventionist on yuan than in 2015 - sources

July 04, 2018 / www.kitco.com

BEIJING (Reuters) - China is comfortable with a weakening yuan, intervening only to prevent any rapid and destabilising declines or to restore market confidence, as the economy loses momentum and faces further risks from a heated trade dispute with the United States, policy insiders said.On Tuesday, as stocks sank and the yuan fell through a key psychological level of 6.7 on the dollar, traders sa...Read More

Global oil markets unlikely to be main issue for Putin-Trump summit: Kremlin

July 04, 2018 / www.kitco.com

MOSCOW (Reuters) - The Kremlin said on Wednesday that the situation on global oil markets was unlikely to be one of the main agenda items at a summit between President Vladimir Putin and U.S. President Donald Trump in Helsinki on July 16.“There are much more pressing matters from the point of view of bilateral relations that will of course be examined in the first instance,” Kremlin sp...Read More

Exclusive: China presses Europe for anti-U.S. alliance on trade

July 04, 2018 / www.kitco.com

BRUSSELS/BERLIN (Reuters) - China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump’s trade policies at a summit later this month but is facing resistance, European officials said.In meetings in Brussels, Berlin and Beijing, senior Chinese officials, including Vice Premier Liu He and the Chinese government’s top diplomat, State C...Read More

Trump's tweets "gold mine" for foreign agents, feels ex-CIA analyst Nada Bakos: report

July 04, 2018 / dlvr.it

Is US President Donald Trump compromising his country's security through his wild Twitter engagement?Read full newsRead More

Colorado town hopes to strike gold by converting old mine into fresh water source

July 04, 2018 / dlvr.it

Parts of the West have been undergoing stratospheric growth and the Front Range of Colorado is no exception.Read full newsRead More

Resolute Mining's updated study cuts underground gold mine costs by US$135 per ounce

July 04, 2018 / dlvr.it

The DFS update has also delivered longer life at the Mali project and increased underground reserves by 38%.Read full newsRead More

New Public-Private Plan Could Aid Polluted Black Hills Gold Mine

July 04, 2018 / dlvr.it

A Canadian gold mining company has agreed to help clean up South Dakota's most contaminated industrial site.Read full newsRead More

US probe darkens Glencore horizons from Africa to Americas

July 04, 2018 / www.mining.com

The U.S. corruption and money-laundering probe into Glencore Plc represents the sum of all fears for the world's largest commodity trader and its billionaire chief executive officer, Ivan Glasenberg.The possibility that the Justice Department would add to the dizzying array of regulatory and legal headaches the Swiss company is facing around the globe - from Russia to Africa and South America - ha...Read More

US probe darkens Glencore horizons from Africa to Americas

July 04, 2018 / www.mining.com

The U.S. corruption and money-laundering probe into Glencore Plc represents the sum of all fears for the world's largest commodity trader and its billionaire chief executive officer, Ivan Glasenberg.The possibility that the Justice Department would add to the dizzying array of regulatory and legal headaches the Swiss company is facing around the globe - from Russia to Africa and South America - ha...Read More

New Public-Private Plan Could Aid Polluted Black Hills Gold Mine

July 04, 2018 / dlvr.it

A Canadian gold mining company has agreed to help clean up South Dakota's most contaminated industrial site.Read full newsRead More

Former Rio Tinto exec jailed for corruption in China let free

July 04, 2018 / www.mining.com

Former Rio Tinto's head of iron ore business in China, Stern Hu, has been released Wednesday after spending nearly nine years in prison in Shanghai, following a 2010 conviction for corruption and industrial espionage.The Australian citizen and three of his Chinese colleagues were arrested in 2009 during contentious iron-ore contract talks between top Aussie miner and the steel industry in China.Hu...Read More

ALROSA sells large diamonds at an auction in Vladivostok for $17 mln

July 04, 2018 / www.mining.com

4 July 2018 - ALROSA, the world's largest diamond mining company, has sold special size rough diamonds (weighing over 10.8 carats) at an international auction in Vladivostok, which was held on June 18-29, 2018.The company received a total revenue of $17 million from the sale of 121 gem-quality diamonds with a total weight of 2,000 carats.Companies from Belgium, China, Hong Kong, India, Israel,...Read More

Mr. Sam Farris succeeds Dr. Ulrich Lamp as President of K+S Potash Canada

July 04, 2018 / www.mining.com

Saskatoon, Saskatchewan: 3 July 2018 - The Board of Executive Directors of K+S Aktiengesellschaft (K+S AG) is pleased to announce that as of July 1, 2018, Mr. Sam Farris has succeeded Dr. Ulrich Lamp as President of K+S Potash Canada (KSPC) following Lamp's retirement.Farris, who is born and raised in Saskatchewan, has been working for K+S since August 2011, most recently in the role of Senior Vic...Read More

New campaign for Rio Tinto's Australian Diamonds is launched in India

July 04, 2018 / www.mining.com

3 July 2018 - Rio Tinto's Australian Diamonds program has launched its latest campaign in India highlighting a new range of affordable bridal and fashion jewellery from the company's Argyle diamond mine in Australia.Mithali Raj, captain of the Indian women's cricket team is the official ambassador for the new campaign, helping promote the popularity of diamonds in fashion and bridal jewellery, p...Read More

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