Stockholm, Sweden: The mine of the future is carbon-dioxide-free, digitalized and autonomous. To set a new world standard for sustainable mining at great depth, LKAB, Epiroc, ABB, Combitech and AB Volvo have joined forces in a partnership and are starting a unique testbed in the orefields of northern Sweden.The testbed, SUM, Sustainable Underground Mining, will be created in LKAB's underground mi...Read More

Edison's Charles Gibson tells Mining Journal Select London just when share price gains peakRead full newsRead More

WASHINGTON (Reuters) - A top U.S. Federal Reserve official on Wednesday defended a key international regulatory body, in a speech that could help boost his candidacy to lead the Switzerland-based Financial Stability Board (FSB).The FSB was created in the wake of the 2007-2009 global financial crisis to help set international regulatory standards and is currently chaired by the Bank of England&rsqu...Read More

WASHINGTON (Reuters) - The U.S. Justice Department is set to grant antitrust approval for Walt Disney Co (DIS.N) to acquire most of Twenty-First Century Fox Inc’s assets (FOXA.O) as early as Wednesday, a source familiar with the matter said.Earlier this month, Comcast Corp (CMCSA.O) offered $65 billion to lure Fox away from the Disney deal, setting up a bidding war between two of the largest...Read More

NEW YORK (Reuters) - Oil prices jumped on Wednesday as plunging U.S. crude stockpiles compounded supply concerns due to uncertainty over Libyan exports, a production disruption in Canada, and U.S. demands that importers stop buying Iranian crude from November.U.S. crude stocks fell by nearly 10 million barrels last week, the most since Sept. 2016, while gasoline and distillate inventories rose les...Read More

Sandvik introduces the new RR441 rotary bit with an advanced cutting structure design. The RR441 is an improved version of the RR440, designed to last up to 140 percent longer than comparable rotary bits*. With an extended bit life and fewer bit changes, the RR441 maximizes drilling uptime, providing a lower cost per meter and setting a new industry standard.The Sandvik RR440 range of rotary bit...Read More

Fremont Gold (TSXV:FRE) (Read full newsRead More

NEW YORK (Reuters) - The United States’ friendlier stance on its trade relationship with China led global stock markets slightly higher on Wednesday, despite a 2 percent slide in Chinese equities, and drew the U.S. dollar toward its second straight day of gains.U.S. President Donald Trump’s administration unveiled a plan for a stronger security review process of foreign investors acqui...Read More

The Dow is up more than 150 points todayThe Dow Jones Industrial Average (DJI) is trading deep into positive triple-digit territory, as investors react to the Trump administration's plan for foreign tech investments. Broad gains out of the energy sector are helping boost the S&P 500 Index (SPX), too. The strength in energycomes amid a sharp rise in oil prices, with August-dated crude futures up $2...Read More

   •  Resurgent USD demand keeps exerting downward pressure for the third straight session.   •  Reviving safe-haven demand/sliding US bond yields do little to ease the bearish pressure.   •  Short-term oversold conditions might now prompt some short-term covering move. Gold continued trending lower for the third consecutive session on We...Read More

NEW YORK (Reuters) - The U.S. dollar rose broadly on Wednesday, including against the Swiss franc and Japanese yen, both traditional safe havens, as trade-related worries eased following a slight moderation in the U.S. administration’s approach to Chinese investment.The dollar was up 0.34 percent against the yen at 110.42 yen, and advanced 0.44 percent against the franc. The Japanese and Swi...Read More

(Kitco News)- Gold futures have fallen tolevels that suggest an “oversold” market in the near term, yet technicallyoriented traders would still like to see some chart sign of a reversal higher.One measure that traders watchto see if the market has absorbed too much selling - meaning potential for atleast a short-term bounce - is the Relative Strength Index. As of Wednesdaymorning, thi...Read More

(Kitco News) - Gold futures have fallen to levels that suggest an “oversold” market in the near term, yet technically oriented traders would still like to see some chart sign of a reversal higher.One measure that traders watch to see if the market has absorbed too much selling - meaning potential for at least a short-term bounce - is the Relative Strength Index. As of Wednesday mornin...Read More

Oppenheimer upgraded General Electric stock after yesterday's portfolio shiftGeneral Electric Company (NYSE:GE) is trading in positive territory today, up 3.7% at $14.25, after Oppenheimer raised its rating on the stock to "perform" from "underperform." The brokerage firm waxed optimistic on yesterday's news that GE will spinoff its healthcare unit and dissolve its stake in oil name Baker Hughes (...Read More

WASHINGTON (Reuters) - White House press secretary Sarah Sanders will get Secret Service protection after she was asked to leave a restaurant in southern Virginia in protest of President Donald Trump’s policies, a source familiar with the matter told Reuters.The source did not provide details. The Secret Service and the White House both declined to confirm the matter.NBC News, which first re...Read More

UNITED NATIONS (Reuters) - The United States cut a $2 million pledge for the United Nations Counterterrorism Office on Wednesday and downgraded its presence at a conference on the issue, the Trump administration’s latest move to use funding to push for reform of the world body.The funding cut was made over a decision by the U.N. counterterrorism chief, a former Russian diplomat with more tha...Read More

WASHINGTON (Reuters) - Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars.A coalition representing major foreign automakers including Toyota Motor Corp, Volkswagen AG (VOWG_p.DE), BM...Read More

Policymakers and analysts are digging into the details of how to get more EVs on the road.Read full newsRead More

(Bloomberg Opinion) - Since December 2017 Russia has cut its holdings of U.S. foreign debt by more than half. Instead, it's been increasing the share of gold in its international reserves. That's understandable behavior for a country that has to deal with an unpredictable U.S. sanctions policy, but it's also part of a trend. Foreign governments and international organizations account for a decrea...Read More

While gold production generates more greenhouse (GHG) emissions per tonne of finished product than many other bulk metals, the relatively small volumes produced each year mean total emissions from newly-mined gold are significantly lower than those generated by other metals, a new study shows.Gold production does generate more greenhouse (GHG) emissions per tonne of finished product than many othe...Read More