European central banks have ditched a 20-year-old agreement to coordinate their gold sales, saying they have no plans to sell large amounts of the metal, the European Central Bank (ECB) said on Friday.
News ID: 5520 Publish Date : 2019/07/28
Vancouver-based Aftermath Silver’s (TSX: AAG.H) stock was up over 20% Friday, after it announced it is increasing its non-brokered private placement from 18.7 million units to up to 25 million units at a price of C$0.08 cents per share.
News ID: 5378 Publish Date : 2019/07/22
The world’s No.2 miner, Rio Tinto, (ASX, LON, NYSE:RIO) is once again in trouble in Mongolia, but this time it is not related to the government questioning the legitimacy of the ongoing underground expansion of its giant Oyu Tolgoi copper-gold-silver mine, but the costs and schedule of the project.
News ID: 5269 Publish Date : 2019/07/17
Turquoise Hill’s (NSYE: TRQ) stock tanked over 42% on Tuesday, after releasing its Q2 2019 report, revealing costs for the expansion of its Oyu Tolgoi mine could increase by up to $1.9 billion.
News ID: 5268 Publish Date : 2019/07/17
West Africa-focused Avesoro Resources (TSX, LON: ASO) continues to transition from mining operator to contractor after concluding an agreement for Youga open pit gold mine in Burkina Faso, which could ease project funding pressure on the company.
News ID: 5227 Publish Date : 2019/07/16
In the first quarter of 2019, the global gold market continued to recover from the two-year lowest average price point of $1,213/ozt recorded in Q3 2018, rebounding to $1,304/ozt in Q1 2019, the second consecutive quarter of growth.
News ID: 5226 Publish Date : 2019/07/16
How likely is a recession in the United States? Predicting a recession is difficult, but one can make some nice money with a good forecast. So let’s focus on the most important recessionary models developed by the Fed.
News ID: 5151 Publish Date : 2019/07/14
I hope to reflect on some of the themes that perhaps other companies would look on and say, “That’s something that we should be considering.” Investors will look on and say, “That’s something that we need to consider as part of our investment thesis.”
News ID: 5090 Publish Date : 2019/07/09
Barrick Gold Corp. is working with advisers to find a buyer for its Massawa gold project in Senegal, which it acquired as part of its purchase of Randgold Resources Ltd., people familiar with the matter said.
News ID: 5041 Publish Date : 2019/07/07
Workers at Nutrien Ltd.’s Cory potash mine in Saskatchewan have been stuck underground since Tuesday afternoon, but are safe.
News ID: 5032 Publish Date : 2019/07/04
Gold held its rally on a cocktail of positive drivers including weak macroeconomic data, sinking Treasury yields and expectations for fresh easing from the U.S. Federal Reserve.
News ID: 5031 Publish Date : 2019/07/04
The Tsilhqot’in First Nation have set up a “peaceful protest” on a road near Williams Lake, British Columbia and have turned back a work crew that had planned to move in heavy equipment to conduct drilling for the New Prosperity mine.
News ID: 5029 Publish Date : 2019/07/04
Gold tumbled back below $1,400 an ounce after the U.S. and China reached a truce in their trade war, dealing a blow to havens.
News ID: 5000 Publish Date : 2019/07/02
Eco Oro Minerals Corp has pulled out of its Angostura gold concession in Colombia amid a legal battle with the Andean country over environmental restrictions the Canadian miner said made the project impossible, according to a company letter.
News ID: 4939 Publish Date : 2019/06/30
The gold rally gained momentum on Monday as retail and institutional investors pile into the precious metal market.
News ID: 4911 Publish Date : 2019/06/25
Rio Tinto’s (ASX, LON: RIO) subsidiary Kennecott Exploration has kicked off its drilling campaign at Broadway Gold Mining’s Madison copper-gold project, located in the Butte region of Montana, US.
News ID: 4908 Publish Date : 2019/06/25
The Peruvian Ministry of Energy and Mines approved a permit related to Camino Minerals' (TSXV: COR) environmental impact assessment for the Chapitos copper-gold project.
News ID: 4797 Publish Date : 2019/06/10
South Africa’s struggling gold industry has suffered yet another humiliation, losing its status as continental leader to Ghana.
News ID: 4795 Publish Date : 2019/06/10
US stock markets just enjoyed their best week of the year on speculation that the Federal Reserve would once again ride to the rescue of equities and inflate asset prices by cutting rates.
News ID: 4789 Publish Date : 2019/06/10
Scientists at the US Lawrence Livermore National Laboratory created ultra-low density gold, silver and copper foams to give physicists better X-ray sources to employ in experiments at the National Ignition Facility.
News ID: 4788 Publish Date : 2019/06/10
