Glencore Plc's clash with former partner Dan Gertler over unpaid royalties at a key Congolese copper mine deepened as the legal battle spread to a London court.The Swiss miner was on Tuesday granted a temporary injunction against the Israeli billionaire after petitioning the London court to rule against a Congolese judge's decision last week to freeze assets at its Kamoto Copper project, people fa...Read More

Gold (XAU/USD) fell to $1,301 on Tuesday - the lowest level since Dec. 29.  Risk reversals show a drop in demand for XAU calls.  Gold (XAU/USD) nearly dropped to $1,300 yesterday as the American dollar turned positive on a year-to-date basis. As of writing, the metal is trading at $1,307, representing a 4.25 percent drop from the recent high of $1365 (April 11 high).  Further...Read More

SHANGHAI, May 2 (SMM) – China’s zinc inventories in warehouses across Shanghai, Tianjin and Guangdong shrank 800 mt to 154,500 mt as of Wednesday May 2 after the Labour Day holiday. SMM data showed that fewer deliveries arriving in Shanghai accounted for an inventory decline of 5,500 mt.For the same period, inventories in Guangdong rose 1,000 mt to 41,200 mt while invent...Read More

Haywood Securities analyst Kerry Smith provided a construction update on one of this firm's projects. In an April 25 research note, analyst Kerry Smith with Haywood Securities reported that Equinox Gold Corp. (EQX:TSX.V) is on track to begin ore mining in Q3/18 and to pour first gold at its Aurizona gold mine in Brazil by year-end. Full-scale construction at this Brazil asset is in progress. Mos...Read More

(Kitco News) - Goldman Sachs analysts do notlook for silver to gain ground on gold in the coming months, even though theyare bullish on gold itself.The investment bank Tuesdayreleased a report maintaining its view that gold will climb toward $1,450 anounce by the end of the year even if real interest rates rise. However,analysts called for the gold-silver ratio to remain stable, meaning that silve...Read More

By Rhiannon Hoyle SYDNEY--Australia's corporate regulator has widened legal action against Rio Tinto Ltd. and two of the company's former executives, pursuing allegations the mining giant was late in writing down a troubled African investment. Rio Tinto has come under scrutiny from officials in the U.S., U.K. and Australia over the handling of coal assets it purchased in Mozambique for about $4...Read More

Cameco Corp. (TSX:CCO)(NYSE:CCJ) released its first-quarter results last week, which showed the uranium producer finishing in the black after struggling recently. Total revenues of $439 million were up 12% from last year and the company was able to bank $55 million of that as profit; a year ago, it posted a loss of $18 million.Cameco credits the strong results to its restructuring efforts as well...Read More

Last week index score: 45.59 (updated)This week: 37.75Oreninc: Interview Session with Mickey Fulp - Episode 22 now liveThe Oreninc Index fell in the week ending April 27th, 2018 to 37.75 from an updated 45.59 a week ago as the number of deals fell despite some broker action returning.A calmer and less volatile week all round with the presidents of North and South Korea meeting for the first time i...Read More

The Rosh Pinah zinc mine in Namibian, Africa. Source: Trevali Mining Corp.Trevali Mining Corp. [TV-TSX, Lima; TREVF-OTCQX, 4T1-FSE] said Tuesday May 1 its majority-owned Rosh Pinah Zinc Corp. (Proprietary) Ltd. (RPZC) in Namibia will, subject to receipt of Companies Registration Office and Registrar approval, undertake a partial share buyback of issued RPZC shares under agreements with Namibian sh...Read More

Canada's Lucara Diamond (TSX:LUC) announced today the recovery of another big diamond from its 100% owned Karowe Mine located in Botswana.The rock weighed 327 carats and it is a top white gem diamond. According to the miner, eight diamonds greater than 100 carats have now been recovered at Karowe since the beginning of the year. This includes the 472-carat diamond found earlier this month, which w...Read More

Pan American Silver (TSX: PAA; NASDAQ: PAAS) acknowledged today that it had to suspend operations at its Huar??n mine, located in the Peruvian central region of Pasco.In a press release, Pan American said that activities at the site were halted on April 24, 2018, as a result of road blockades carried out by members of the nearby Huayllay community."The community members have demanded compensation...Read More

Mr. Christian Milau reportsEQUINOX GOLD BEGINS MINING AT AURIZONA AND RECEIVES AWARD FOR MINING EXCELLENCE IN BRAZIL Mining activities are under way in the Piaba deposit at Equinox Gold Corp.'s Aurizona gold mine in Brazil. Construction remains on track to pour gold by late 2018. All dollar amounts are in U.S. dollars unless otherwise noted. Mining activities Mining is under way to prepare for go...Read More

Canada's First Cobalt, which has just bought another cobalt developer, is keen for more acquisitions to accelerate bringing on production to meet North American demand, a senior company official said.Expectations of soaring demand for cobalt because of its use in electric vehicles has inspired a hunt for the mineral across the globe.Governments and miners are anxious to secure supplies in more sta...Read More

(Kitco News) - Coeur Mining, Inc. (NYSE: CDE) late Wednesday reported a small profit for the first quarter.The company listed both net income and adjusted income of $0.7 million, or zero cents per share. In the year-ago quarter, net income was $18.3 million, or 10 cents, while adjusted income was $6.8 million, or 4 cents. Revenue fell to $163.3 million from $185.6 in the same period a year ago, a...Read More

(Bloomberg) -- After three weeks of intense volatility, metal markets seem to be calming down.Aluminum steadied after a four-day selloff, which was driven the U.S. decision to rein in harsh sanctions against United Co. Rusal. Nickel advanced 1.4 percent as the Philippines moved forward with a plan to limit the area of land miners are permitted to exploit. Most other metals were little changed.&ldq...Read More

Source: Streetwise Reports 04/23/2018With a project located on the site of a massive gold rush, this explorer is attempting to find the hard-rock source of the region's placer gold, and an updated resource is expected any day.Cabral Gold Project MapThe land that Cabral Gold Inc.'s (CBR:TSX.V; CBGZF:OCT) Cuiu Cuiu gold project sits on was once the territory of garimperos, migrating miners who c...Read More

VANCOUVER - Teck Resources Ltd. reported a better-than-expected first-quarter profit as revenue also grew compared with a year ago, helped by improved sales volumes.The miner says its profit attributable to shareholders totalled $759 million or $1.32 per share, up from $556 million or 96 cents per diluted share a year ago.Revenue totalled $3.09 billion, up from $2.85 billion.On an adjusted basis,...Read More

Last week index score: 44.24 (updated)This week: 21.62Prospero Silver (TSX-V: PSL) announced a non-brokered private placement to raise up to C$1.0 million through the issuance of up to 11.1 million units @ C$0.09. The Oreninc Mining Deal Club sent out its sixth financing alert to its subscribers. Sign up today to get the details and an opportunity to participate: www.miningdealclub.comThe Oreninc...Read More

SHANGHAI, Apr 24 (SMM) – Indonesia is likely to export 22.5 million wmt of medium-and-high-grade nickel ore to China in 2018, according to SMM’s calculation.As of April 2018, a total of 32.09 million wmt of nickel ore exports have been approved following the country eased its ban on ore exports in January 2017. SMM expects to see 8 million wmt more this year to be approved.Theoreticall...Read More

Anglo American (LON:AAL) won't resume production at its massive Minas Rio in Brazil until the fourth quarter of 2018 due to two pipeline leaks that forced it to halt operations in March, and which will cause the miner an annual group earnings (EBITDA) loss of $300 to $400 million.The announcement is the last of a string of difficulties Anglo has faced with the mine, which was expected to produce...Read More