Anglo American's De Beers, the world's largest rough diamond producer by value, said Thursday it plans to mine precious rocks this year at a rate not seen since the 2008 global financial crisis.Delivering its preliminary financial results for 2017, the miner said it intends to dig up as much as 36 million carats this year, up from 33.5 million in 2017, thanks mainly to the participation of its ne...Read More
Canada is the world's most attractive region for mining investment, based on the combined rankings of all its provinces and territories, the latest annual global survey of mining executives released Thursday by the Fraser Institute shows.While the Maple Leaf country overtook Australia as regional destination number one, many of its provinces and territories did not fair well this year in the po...Read More
Despite reporting increased revenue and operating earnings in 2017's last quarter, U.S.-listed Compass Minerals (NYSE:CMP) announced today that management fired 48 permanent workers from Goderich, the world's largest underground salt mine.The mine, named after the Ontario town where it is located, sits 1,800 feet under Lake Huron and provides a large portion of the 12.5 million tonnes of salt proc...Read More
https://www.reuters.com/LONDON (Reuters) – Kazakh mining company Eurasian Resources Group (ERG), formerly known as ENRC, is working on a plan to eventually spin off and list some of its assets to help repay debt, three banking sources said.The company, then called Eurasian National Resources Corporation (ENRC), was taken private by its three founders and the Kazakh government in 2013 in a $4...Read More
Peter Schiff, CEO of Euro Pacific Capital, joins me to answer questions submitted by members of my Supporting Listeners group. Topics include the state of the housing market, precious metals investing, Puerto Rico after Irma, the ongoing carnage in the retail sector, and more. Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr....Read More
"QE4 is coming."Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, Bu...Read More
Yesterday, the Fed released the minutes from its January Federal Open Market Committee (FOMC) meeting. The minutes revealed that most members expect higher economic Continue...Read More
Newmont Mining Corp put forward plans on Thursday for new projects to grow gold production and cut costsContinue...Read More
If US President Donald Trump approves Section 232 recommendations made by the country's Commerce Department, it could threaten the European steel market with export reduction and the growth of redirected import flows, sources told Metal Bulletin.The decision, however, might also allow European exporters to sell increased quantities of long steel products into the US market, should President Trump...Read More
Unfavorable weather conditions in Queensland, Australia have left buyers of seaborne coking coal anxious about how they might affect supply, though some services on the state's coal rail network have been restarted following recent disruptions.Some sections of the Goonyella line in the Central Queensland Coal System were re-opened to traffic on Thursday February 22 following track inspections this...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
PRIVATE BLOG – Gold for the close of the 23rdRead More
Apple has been experimenting with ways to recover cobalt from its lithium-ion batteries and to use recycled cobalt. The company says it could potentially recover 550 kilograms of cobalt from every 100,000 iPhone 6 devices it recycles. Now there are reports it's looking to secure cobalt directly from miners, marking a further move by original equipment manufacturers (OEMs) to ensure certainty of ra...Read More
Feb 22, 2018 Guest(s): Jim Rickards Best-selling Author A rapidly increasing price level for gold may not be beneficial to investors, said best-selling author, Jim Rickards.$10,000 an ounce is "approximately the implied non-deflationary price of gold in a gold-backed monetary system," Rickards told Kitco News on the sidelines of the Vancouver Resource Investment Conference.Rickards noted, howeve...Read More
The Toronto-based company is racing towards development at its brine projects by 2021, just in time for the lithium supply gap forecast by Benchmark Mineral Intelligence. This year, LSC has announced the maiden resources for its Rio Grande and Pozuelos projects. Rio Grande has an inferred resource of 2.19 million tonnes lithium carbonate equivalent, over an area of 3 square kilometres, t...Read More
Maptek general manager for North America, Rob Hardman was recently speaking with a senior operations figure at a big gold company when the latter remarked that, "you guys have a unique position here … you can get my geologists and engineers working together because they're all using Maptek products, and there is very little of that in my whole department".And then, says Hardman, the questio...Read More
Rick Rule, the president and CEO of Sprott US Holdings, joins us this month to answer questions from Sprott Money customers regarding gold, silver and the mining shares.Read More
2/20/18 Rick Rule and good friend Doug Casey discuss the cyclical nature of commodity markets and the next bull market.Come see Doug at the 2018 Sprott Symposium on Natural Resources http://sprottconference.comRead More
Register today for the upcoming International Mining Investment Conference, May 15th & 16th in Vancouver, Canada http://www.cambridgehouse.comStay Connected!http://www.cambridgehouse.com/https://twitter.com/cambridgehttps://www.facebook.com/cambridgehou...Copyright (C) 2015 Cambridge House International Inc. All rights reserved.Read More