Recent News

DAVIES ON ALLOYS: Latest ferro-chrome benchmark negotiations dig deeper into regional price differences

June 25, 2018 / www.metalbulletin.com

Ferro-chrome benchmark price negotiations for the third quarter of 2018 are revealing a fresh spin on some familiar topics and a more detailed look at regional price differences across the supply chain. Metal Bulletin reported last week that the widely-expected reduction in the third-quarter settlement is likely to be smaller than previously anticipated, due to strengthening ferro-chrome markets,...Read More

THE BOYFRIEND TAG! w BRANDON!

June 25, 2018 / www.youtube.com

Hey guys! LONG TIME NO SEE! 'M SORRY! I've been dealing with things.. but in today's video I will be doing the boyfriend tag, with my boyfriend Brandon :) This isn't really a boyfriend challenge, or a boyfriend compilation, this is more of a question and answer with Brandon! ENJOY!Don't forget to LIKE and SUBSCRIBE!!Previous Video: https://www.youtube.com/watch?v=MRLNG...STALK ME:Instagram / Twitt...Read More

FrankTalk EP06: HIVE Blockchain & CryptoCurrency

June 25, 2018 / www.youtube.com

Frank Talk is an investing advice blog by Frank Holmes, CEO of U.S. Global Investors & Chairman of Hive Blockchain.Read More

Playing the Looming Mine Shortage with MicroCap Explorers | Planet MicroCap Showcase 2018

June 25, 2018 / www.youtube.com

Lunch with Brent Cook, Exploration Insights: "Playing the Looming Mine Shortage with MicroCap Explorers" Panel at the Planet MicroCap Showcase 2018 in Las Vegas, NV. Host: Brent Cookhttps://explorationinsights.com/Speakers: Paddy Nicol, Evrim Resources Corp. (TSX-V: EVM)http://www.evrimresources.com/s/home.aspMiles Thompson, Lara Exploration Ltd. (TSX-V: LRA)https://www.laraexploration.com/Brandon...Read More

Copper contender Hot Chili heats up

June 25, 2018 / www.mining-journal.com

Arizona deal a sign of relaxed capital discipline?M&ASolGold set to shineSPONSOREDsolgold RESOURCEStocks: First drilling has just got underway at your El Fuego copper project (90% option), starting with the San Antonio then Valentina mining areas. Can you outline why you've described San Antonio as a "potential game changer" for Hot Chili?Christian Easterday: We have consolidated three high-g...Read More

Paulson Calls For Sale Of Detour Gold, Cites Low Stock Price

June 24, 2018 / www.kitco.com

(Kitco News) - Paulson & Co, led by billionaire hedge-fund manager John Paulson, is urging for underperforming Canadian miner Detour Gold Corp (TSX: DGC.TO) to put itself up for sale, citing lapses in management and low stock price. “We strongly believe you should explore all strategic alternatives, including a sale of the company,” John Paulson and Marcelo Kim, a partner at P...Read More

Turkey's Erdogan claims election victory, opposition wary

June 24, 2018 / www.kitco.com

Ece Toksabay, Tuvan GumrukcuANKARA (Reuters) - Tayyip Erdogan and his ruling AK Party claimed victory in Turkey’s presidential and parliamentary polls on Sunday, overcoming the biggest electoral challenge to their rule in a decade and a half.The main opposition party did not immediately concede defeat. But after initially saying Erdogan would fall well short of a first-round victory, it said...Read More

Week Ahead Commodity Report: 25-29 June 2018: Gold, Silver & Oil Price Forecast (Video)

June 24, 2018 / www.fxstreet.com

Crude Oil prices surged 5% on Friday after OPEC agreed a modest hike in oil supply after Saudi and Iran compromised to compensate for losses in production at a time of rising global demand. Gold prices bounced off 6 month lows last week as the dollar slipped from 11 month highs whilst hedge funds and money managers trimmed their net long position in COMEX gold to the weake...Read More

Erdogan, ruling AK Party heading for victory in Turkish elections

June 24, 2018 / www.kitco.com

Orhan Coskun, Nevzat DevranogluANKARA (Reuters) - Tayyip Erdogan and his AK Party were heading for victory in Turkey’s presidential and parliamentary elections on Sunday, according to preliminary results, as the president sought to extend his 15-year rule.Although the margin of their lead narrowed steadily as votes were tallied across the nation of 81 million people, an AK Party official sai...Read More

EU to respond to any U.S. auto tariff move: report

June 24, 2018 / www.kitco.com

Mathieu RosemainPARIS (Reuters) - The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row.U.S. President Donald Trump on Friday threatened to impose a 20 percent tariff on all imports of EU-assembled cars, a month after his administration launched an investigation into whe...Read More

Saudi pledges 'measurable' oil supply boost as OPEC, Russia agree deal

June 24, 2018 / www.kitco.com

Ahmad Ghaddar, Alex Lawler, Vladimir SoldatkinVIENNA (Reuters) - OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a “measurable” supply boost but giving no specific numbers.The Organization of the Petroleum Exporting Countries had announced an OPEC-only production agreement on Friday, also without clear output targ...Read More

As trade war looms, China cuts some banks' reserve requirements to boost lending

June 24, 2018 / www.kitco.com

Kevin Yao, Shu ZhangBEIJING (Reuters) - China’s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps), releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms.The reserve reduction, the third by the central bank this year, had been widely anticipated by investor...Read More

Workers protest at Newmont Ghana's operation

June 24, 2018 / www.mining.com

Ghanaian media are reporting that people that work for Newmont Ghana's subcontractor at the Ahafo gold mine have downed their tools while protesting in demand for additional compensation and benefits.According to the local press, a police constable from the Brong-Ahafo Regional Police Operational Unit was injured in the eye while responding to one of the workers' rallies earlier this week."Our tho...Read More

S.Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader

June 24, 2018 / www.mining.com

South Korean steelmaker POSCO on Saturday selected Choi Jeong-woo, the head of affiliate Posco ChemTech, as its final candidate to lead the company.Choi still needed to win approval at an extraordinary shareholders' meeting on July 27, the company said.In April, the company said Kwon Oh-jun was stepping down from the chief executive position.POSCO was privatised in 2000, but chief executives have...Read More

Newmont sells stake in Yanacocha gold mine to Japan's Sumitomo for $48 million

June 24, 2018 / dlvr.it

Sumitomo's move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.Read full newsRead More

Newmont sells stake in Yanacocha gold mine to Japan's Sumitomo for $48 million

June 24, 2018 / dlvr.it

Sumitomo's move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.Read full newsRead More

Gold Street: where South Africa's mining history goes to die

June 24, 2018 / dlvr.it

The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-shuttered mine owned by AngloGold Ashanti. Nor has he found work in other gold mines around the town, home to the wo...Read More

Ghana gives green light to AngloGold, Gold Fields growth plans

June 24, 2018 / dlvr.it

GHANA gave comfort to at least three gold mining firms operating in its borders by agreeing to the redevelopment of the Obuasi gold mine by AngloGold Ashanti, and also approving a joint venture between Gold Fields and Asanko Gold Mines (AGM). "This is an important milestone that follows extensive negotiations and debate," said AngloGold AshantiRead full newsRead More

Cashed-Up Bargain Hunter SSR Is on the Prowl for Next Gold Mine

June 24, 2018 / dlvr.it

Flush with cash and armed with a knack for spotting mines producing below their potential, SSR Mining Inc. is on the hunt for more assets.Read full newsRead More

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