Precious Metals

Tags - Precious Metals
Australia’s largest gold producer, Newcrest Mining, (ASX: NCM) is acquiring a 70% joint-venture interest in Imperial Metals’ (TSX: III) Red Chris copper and gold mine, located in British Columbia, Canada, as part of an ongoing push by the world’s top bullion miners to get even bigger.
News ID: 3969   Publish Date : 2019/03/11

Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) has officially dropped its hostile takeover offer for U.S. rival Newmont Mining (NYSE:NEM) in favour of a friendly deal to create a joint-venture that will combine the two companies’ assets in Nevada.
News ID: 3968   Publish Date : 2019/03/11

Graphene and gold are now being used in ultrasensitive biosensors to detect diseases at the molecular level with near perfect efficiency.
News ID: 3955   Publish Date : 2019/03/11

Peru's Ministry of Foreign Trade and Tourism reported this week that exports dropped by 7.4% in January 2019 when compared to the same month of the previous year.
News ID: 3954   Publish Date : 2019/03/11

South Africa’s Petra Diamonds (LON:PDL) has found a 100.83 carat gem-quality diamond at its iconic Cullinan mine in South Africa.
News ID: 3930   Publish Date : 2019/03/09

Alrosa, (MCX:ALRS) the world's top diamond producer by output, reported Thursday that total sales of rough and polished diamonds increased to $345.6 million, up 23% compared to January 2019 (up $64.1 million).
News ID: 3908   Publish Date : 2019/03/08

OceanaGold Corp. has grown the indicated resource for its Martha underground project at its Waihi gold mine in New Zealand by 136% and inferred resources by 97%.
News ID: 3907   Publish Date : 2019/03/08

A push by the world’s biggest gold miners to get even bigger will likely have a knock-on effect among their competitors, adding new vigor to an industry that failed to inspire investor support in 2018.
News ID: 3903   Publish Date : 2019/03/08

Tanzania has given Barrick Gold-owned Acacia Mining (LON:ACA) until March 30 to stop waste water pollution at its North Mara mine or face a shutdown, but the country’s No.1 gold producer said Friday a brief spill affecting the operation has already been halted.
News ID: 3900   Publish Date : 2019/03/08

McEwen Mining (MUX) was trading 1.8% lower in pre-market dealings on Thursday after the Toronto-based company announced suspension of a shareholder payout just a day before the record date.
News ID: 3881   Publish Date : 2019/03/07

Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.
News ID: 3872   Publish Date : 2019/03/06

South Africa's AngloGold Ashanti (JSE:ANG) (ASX:AGG) (NYSE:AU) is selling its stake in Northern Colombia Holdings to Royal Road Minerals (TSX-V:RYR) as it looks to focus on its other local exploration projects, which have longer shelf life and the ability to deliver higher returns.
News ID: 3871   Publish Date : 2019/03/06

On Wednesday, platinum futures was in retreat again, sliding to $832 an ounce after a new study predicted the largest market surplus in at least six years for 2019. In January the precious metal dropped to near 14-year lows.
News ID: 3870   Publish Date : 2019/03/06

Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.
News ID: 3850   Publish Date : 2019/03/05

Australia’s gold production hit an all-time high of 317 tonnes in 2018, breaking the previous record of 314.5 tonnes, which stood for 21 years, consultancy Surbiton Associates says.
News ID: 3843   Publish Date : 2019/03/05

Investors flocked to Canada’s Star Diamond Corporation (TSX:DIAM) on Monday after the company said its Saskatchewan-based project had an “unusually high” large quantity of high-value and large rough stones.
News ID: 3842   Publish Date : 2019/03/05

Barrick Gold’s (TSX:ABX)(NYSE:GOLD) chief executive Mark Bristow said Monday he’s open to negotiate with rival Newmont about a deal to work together in Nevada, but only if his company runs the operations.
News ID: 3840   Publish Date : 2019/03/05

Newmont Mining (NYSE:NEM) rejected Monday rival Barrick Gold’s (TSX:ABX)(NYSE:GOLD) all-stock $18 billion hostile takeover offer, but left the door slightly open by countering with the terms of a deal to merge their operations in Nevada, U.S.
News ID: 3835   Publish Date : 2019/03/04

Canada's ALX Uranium (TSXV: AL) signed this week a non-binding letter of intent with Orano Canada, a subsidiary of France's Orano Group.
News ID: 3791   Publish Date : 2019/03/01

European scientists have announced plans to start mining the moon as early as 2025, though what they’ll be extracting is neither gold nor diamonds, but waste-free nuclear energy thought to be worth trillions of dollars.
News ID: 3787   Publish Date : 2019/03/01