Recent News

Gold firms gear up for growth as cost of mining the metal falls

June 08, 2016 / www.mining.com

The cost of mining gold for the world's top producers dropped more than 7% in the first three months of the year as most companies ignored the metal price's spike and continued efforts to straighten out their books, a new report shows.According to data compiled by SNL Metals & Mining, the top 17 publicly listed gold companies that reported all-in sustaining costs (AISC) produced the metal at a w...Read More

Afghanistan deploys security forces in large illegal mining crackdown

June 08, 2016 / www.mining.com

Afghanistan has deployed security forces to ensure that insurgents fighting to overthrow the government do not benefit from illegal mining of lapis lazuli, the semi-precious blue stone once coveted by Egyptian pharaohs.Illegal extraction of lapis lazuli and other minerals is fuelling the rise of the Taliban in a once peaceful corner of the country.The move comes only a few days after anti-corrupt...Read More

This is the next major copper-gold project in South Australia

June 08, 2016 / www.mining.com

Carrapateena in South Australia is shaping up as a major copper-gold project. In a statement last month, the proponent (OZ Minerals) made clear its commitment to the project. The ore-production rate is to be increased over what was previously planned; work on a decline will commence next month (mining will be underground); and final processing will take place at Whyalla, a regional city approxima...Read More

Copper price plummets as stocks pile up

June 07, 2016 / www.mining.com

The copper price was hammered down on Tuesday as a rise in warehouse stocks convinced traders that end-demand in China has not materially improved despite Beijing's economic stimulus.In late New York trade July copper, the most active contract, fell 3.4% exchanging hands for $2.0450 a pound ($4,508 a tonne), more than wiping out Friday's rebound and pushing the metal back into the red for 201...Read More

2016 metals, mining outlook darkens

June 07, 2016 / www.mining.com

The World Bank is downgrading its 2016 global growth forecast to 2.4% from the already sluggish 2.9% pace projected in January.According to the latest update by the institution, exporting emerging market and developing economies have struggled to adapt to lower prices for oil and other key commodities, and this accounts for half of the downward revision.Growth in these economies is projected to ad...Read More

Diamond exports ban lifted from Central African Republic

June 07, 2016 / www.mining.com

Central Africa Republic will be allowed to resume diamond exports after a three-year ban that tried preventing armed groups from financing one of the bloodiest conflicts the region has seen in recent years by illegally selling local gems.The partial lifting of the export ban follows a deal between CAR's government and producers brokered by the United Arab Emirates last March. It will initially ap...Read More

Chinese mining companies feel misled by Canada, report says

June 07, 2016 / www.mining.com

Some of China's resource companies feel they have been misled by investment-seeking Canadian governments about just how difficult it is to establish successful mines in Canada, Ottawa's ambassador to Beijing has warned.That sour note may help to explain declines in Chinese investment in Canada in favour of the United States, and serves as a backdrop to recent diplomatic jousting between the two c...Read More

John Williams - Will This New Bear Market in the Dollar Trigger Hyperinflation?

June 07, 2016 / marketsanity.com

John Williams explains why he believes the dramatic decline of the U.S. Dollar will be the primary cause for hyperinflation and gives he view on owing gold.Walter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in eco...Read More

Authoritarian Hillary is Now on the Defensive

June 07, 2016 / www.thedailybell.com

We have Hillary all wrong: Americans hate a politician of the press' imagination. To her detractors, she’s either a bloodless automaton or the devil incarnate. Is it any wonder that she’s guarded? -SalonThis article posted at Salon suggests that much of the criticism aimed at Hillary occurs because she is not a man.As best we can tell, if we are properly following the article, Hillary'...Read More

Trump Versus Mexico: The Conflict That’s Bringing Union

June 07, 2016 / www.thedailybell.com

‘Take that order and throw it the hell out’: Trump reportedly rails against campaign staff for telling surrogates to stop attacking judge ... Donald Trump advised prominent campaign surrogates to go after journalists who ask questions about a Trump University lawsuit and encouraged them to defend him against criticism of his comments about the US district judge presiding over the case....Read More

Influential Psychologist Claims Irrational Fear is Behind Brexit Vote

June 07, 2016 / www.thedailybell.com

‘Irritation and anger’ may lead to Brexit, says influential psychologist ... British voters are succumbing to impulsive gut feelings and irrational reflexes in the Brexit campaign with little regard for the enormous consequences down the road, the world’s most influential psychologist has warned. Daniel Kahneman, the Israeli Nobel laureate and father of behavioural economics,...Read More

From Fed to Farce as Yellen Continues to Pitch a Rate Hike

June 07, 2016 / www.thedailybell.com

3 Signs of a Recession Janet Yellen Is Ignoring ... The Fed Chair's upbeat speech glossed over key warning signs. Federal Reserve Chair Janet Yellen was upbeat on Monday in a speech at The World Affairs Council, where she largely dismissed the negative implications of Friday's jobs report, which showed that the U.S. economy added just 38,000 new jobs, the worst monthly reading in nearly six years....Read More

Authoritarian Hillary is Now on the Defensive

June 07, 2016 / www.thedailybell.com

We have Hillary all wrong: Americans hate a politician of the press' imagination. To her detractors, she’s either a bloodless automaton or the devil incarnate. Is it any wonder that she’s guarded? -SalonThis article posted at Salon suggests that much of the criticism aimed at Hillary occurs because she is not a man.As best we can tell, if we are properly following the article, Hillary'...Read More

Trump Versus Mexico: The Conflict That’s Bringing Union

June 07, 2016 / www.thedailybell.com

‘Take that order and throw it the hell out’: Trump reportedly rails against campaign staff for telling surrogates to stop attacking judge ... Donald Trump advised prominent campaign surrogates to go after journalists who ask questions about a Trump University lawsuit and encouraged them to defend him against criticism of his comments about the US district judge presiding over the case....Read More

Influential Psychologist Claims Irrational Fear is Behind Brexit Vote

June 07, 2016 / www.thedailybell.com

‘Irritation and anger’ may lead to Brexit, says influential psychologist ... British voters are succumbing to impulsive gut feelings and irrational reflexes in the Brexit campaign with little regard for the enormous consequences down the road, the world’s most influential psychologist has warned. Daniel Kahneman, the Israeli Nobel laureate and father of behavioural economics,...Read More

From Fed to Farce as Yellen Continues to Pitch a Rate Hike

June 07, 2016 / www.thedailybell.com

3 Signs of a Recession Janet Yellen Is Ignoring ... The Fed Chair's upbeat speech glossed over key warning signs. Federal Reserve Chair Janet Yellen was upbeat on Monday in a speech at The World Affairs Council, where she largely dismissed the negative implications of Friday's jobs report, which showed that the U.S. economy added just 38,000 new jobs, the worst monthly reading in nearly six years....Read More

Fire Fighting Equipment And Alarm Panel by Sai Fire Control System, Delhi

June 07, 2016 / www.youtube.com

[http://www.indiamart.com/saifirecontr...] Sai Fire Control System are a Sole Proprietor Firm and acknowledged among the noteworthy traders, wholesalers and suppliers of the best quality Fire Alarm Panel, Automatic Alarm Panel, Landing Valve, Fire Sprinkler, Fire Extinguisher, Smoke Detector, Heat Detector, Hose Reel Pipe, Fire Fighting Equipment, etc,.Read More

The Truth About Silver & Gold Mining Stocks - Mike Maloney

June 07, 2016 / www.youtube.com

Mining stocks can be good investments, but you introduce risks that don't exist if you invest in physical gold and silver.I personally did quite well with miners in the early 2000's, but in hindsight a lot of it was simply due to luck.Stay away from the pump & dumpers, and any businesses that associate with them. Watch this week's video to get my current take on gold & silver stocks and the overal...Read More

Goldcorp and Teck plow ahead with new $3.5bn mine in Chile

June 06, 2016 / www.mining.com

Canadian miners Goldcorp (TSX:G), (NYSE:GG) and Teck Resources (TSX:TCK.A & TCK.B) (NYSE:TCK) are moving ahead with their new $3.5 billion mine in Chile's Atacama region, with a pre-feasibility study expected to be ready by the second half of 2017.The $3.5 billion mine will mean lower costs and improved capital efficiency - before joining El Morro and Relincho, the estimated costs for each proj...Read More

Commodities storming back into bull market

June 06, 2016 / www.mining.com

After four years of depressed prices for most commodities, especially gold, iron ore, coal, copper and oil, the end of the bear market seems closer than ever as raw materials continue to outperform bonds, currencies and equities.Based on the Bloomberg Commodity Index, which tracks returns from 22 raw materials, everything from soybeans to diamonds have experienced an important recovery this year.O...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok