(Kitco News)- Bargain hunting is helping to support platinum pricesTuesday after the market dropped to its lowest level in 14 years.Overnight platinum futures dropped to $800 an ounce, a pricenot seen since December 2008. However, prices have modestly recovered withOctober platinum futures last trading at $844.30 an ounce, up almost 4% on the day.Platinum prices have dropped more than 18% since it...Read More

Nevsun reports a large copper/gold resource at Timok Lower Zone.Yamana declares commercial production at Cerro Moro.Wheaton lands a cobalt stream.A look at the top news in the gold mining sector for June 2018.Here's a monthly recap of the top news in the gold mining sector, including acquisitions and takeover announcements, financial results and other relevant updates, to keep readers up-to-date o...Read More

Shares in Canada's Nemaska Lithium (TSX:NMX, OTC:NMKEF) swung wildly on Tuesday after the company inked a supply deal with a South Korean battery maker that all but ties up full production from its Quebec project until after 2025.Nemaska sank more than 5% on US over the counter markets in morning trade, only to bounce higher in Toronto as US markets closed early for July 4 holidays. Near the clo...Read More

Gold futures finished sharply higher Tuesday, clawing back from a steady decline that had pushed the commodity early this week to its lowest finish since December, as a brawny dollar paused its advance. Industrial metals, meanwhile, remained in focus, amid trade friction and questions about China's economic expansion. Platinum prices posted a Tuesday rebound after marking their lowest settlement s...Read More

Glencore Plc  (GLNCY) shares plunged Tuesday after the world's biggest commodities trader said it had received a subpoena from the U.S. Department of Justice seeking documents related to the Foreign Corrupt Practices Act and money laundering statutes. Glenore said the DOJ subpoena, dated July 2, relates to its business in Nigeria, the Democratic Republic of Congo (DRC) and Venezuela an...Read More

VANCOUVER, British Columbia, June18, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling at the Madsen Gold Projectcontinues to establish the Wedge area as an important... | juin 18,2018Read full newsRead More

Carlos Slim, who is known as the richest man in Mexico, teamed up with Canada's Goldcorp (TSX:G) (NYSE:GG) by sealing a deal between his Minera Frisco and Goldcorp's subsidiary Minera Pe??asquito. The deal involves exploring and evaluating possible mining operations in Mexico's Mazapil Valley, which is in the central Zacatecas state near the Canadian miner's flagship Pe??asquito mine. In a press r...Read More

Peru's National Institute of Statistics and Informatics released a preliminary report stating that in May 2018 and for the third month in a row, the mining and oil sectors continued to grow.According to Reuters, both sectors showed a 1.86 per cent interannual growth which was driven by increased production of oil, natural gas, zinc and tin.In detail, the oil sector showed an interannual growth of...Read More

Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said Tuesday it has produced first gold and silver at its Cerro Moro mine, located in Argentina's Santa Cruz province.The Toronto-based miner, which began construction at Cerro Moro in 2015 and poured first dor?(C) last month, expects to finish building the mine this year.The company expects most of Cerro Moro's 2018 production in the second half o...Read More

June 26 (Reuters) - The Australian Government Takeover Panel said on Tuesday it received an application from a unit of iron ore miner Fortescue Metals Group regarding an offer by a Hancock Prospecting Pty unit for Atlas Iron Ltd.NCZ Investments Pty, a Fortescue unit, seeks interim orders to restrain Gina Rinehart controlled-Redstone Corp Pty from dispatching its bidder's statement, the panel said....Read More

(Kitco News) - With gold back to trading near six-month lows and prices struggling to catch a break during the past few weeks, analysts are saying that gold is failing to attract safe-haven interest due to a surging U.S. dollar.Even though there is a clear threat of a trade war on the horizon, markets are not fleeing to safety, which is why gold prices are not reacting, analysts told Kitco News.Au...Read More

Gold futures continues to trade under pressure, and as of 3:15 PM Eastern standard time is currently trading down $8.50 at $1,260.40. Today's lower pricing is a combination, a one-two punch, of sellers and strong U.S. dollar. The dollar is currently up 43 points (+0.47%) at 94.385. After testing and unsuccessfully trading above the current resistance at 95, the dollar traded under pressure for the...Read More

Investing.com - Gold prices headed lower for a second consecutive session in early morning trade on Tuesday, hitting a six-month low, as the dollar moved higher and fears of escalating trade tensions did little to support the safe haven precious metal.At 6:11AM ET (10:11GMT), gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell $10.00, or 0.8%, to $1,258....Read More

(The opinions expressed here are those of the author, a columnist for Reuters.)* Chilean copper production: https://tmsnrt.rs/2KnTcZ7By Andy HomeLONDON, June 26 (Reuters) - Copper has fallen almost nine percent in price over the last couple of weeks.In London three-month copper CMCU3 was this morning struggling to hold the $6,700 level, a chart area last breached in early April.Copper has been cau...Read More

Mr. Ross Beaty reportsEQUINOX GOLD ANNOUNCES SPIN-OUT OF COPPER ASSETS TO CREATE SOLARIS COPPER Equinox Gold Corp. plans to transfer all of its copper assets into a newly incorporated company named Solaris Copper Inc. Equinox Gold will continue to focus on advancing the Aurizona gold mine and the Castle Mountain gold mine to production while Solaris Copper explores and develops the copper projects...Read More

WASHINGTON (Reuters) - U.S. coal mining companies are worried President Donald Trump’s intensifying trade dispute with China could hurt their booming export business, one of the ailing sector’s most important lifelines, according to industry players.Beijing this month added coal and other energy products to a list of U.S. goods facing import tariffs in retaliation for Trump administrat...Read More

Gold mining stocks have been influenced by upgrades/downgrades related to some of the most important companies in the commodities sector.But this outlook neglects the positive impact that could be seen if a more risk-averse market environment leads to bull trends for the industry.GDX might be one of the best ways of benefiting from rising volatility levels if added market uncertainty is present in...Read More

Mr. Ross Beaty reportsEQUINOX GOLD ANNOUNCES SPIN-OUT OF COPPER ASSETS TO CREATE SOLARIS COPPER Equinox Gold Corp. plans to transfer all of its copper assets into a newly incorporated company named Solaris Copper Inc. Equinox Gold will continue to focus on advancing the Aurizona gold mine and the Castle Mountain gold mine to production while Solaris Copper explores and develops the copper projects...Read More

Miners area are teaming up to develop one of Ghana's newest gold mine, the Asanko Gold Mine (AGM), located in the Ashanti Region.Read full newsRead More

Chile ?s Codelco, the world's top copper miner, said late on Friday evening that workers' unions at its small Salvador copper division had rejected an early wage deal from the company, pushing off further negotiations until later this year when its contract expires.The state-run miner said workers at its Potrerillos and Benito Tapia Tapia unions, both part of its Salvador Division, had voted again...Read More