Cobalt, a semi-rare metal that derives its name from the German word for goblin, was given its moniker by medieval miners who frequently came across its noxious ores in their hunt for silver and gold. After a 50% drop in prices this year, it’s turned toxic for Glencore Plc too.
News ID: 5832 Publish Date : 2019/08/07
Canada’s Alamos Gold (TSX, NYSE: AGI) reacted on Wednesday to an unusually large protest against its Kirazli project, triggered by the miner allegedly exceeding the number of trees to cut declared in an environmental impact report, saying it had paid for future reforestation of the site in advance.
News ID: 5831 Publish Date : 2019/08/07
Canada’s Centerra Gold (TSX:CG) and the Kyrgyz Republic have finally completed all conditions included in a deal signed in Sept. 2017 ending long-dragged environmental and economic disputes over the company’s Kumtor gold mine, the country’s largest.
News ID: 5830 Publish Date : 2019/08/07
We were right. At the beginning of the year, in the January edition of the Gold Market Overview, we wrote that “2019 fundamental outlook for the gold market is better than one year ago”. The quote below will give you full insight into our predictions at that time:
News ID: 5745 Publish Date : 2019/08/05
Gold hit a six-year high on Friday as investors piled into the safe haven metal amid an escalating US-China trade war, and the prospects of a return to ultra-loose monetary policy by the Fed.
News ID: 5741 Publish Date : 2019/08/05
Barrick Gold (TSE: ABX) said on Friday the National Court of Papua New Guinea had ruled that the miner could continue to operate the Porgera gold mine, while the country’s government considers an application to extend the lease for the mine.
News ID: 5709 Publish Date : 2019/08/04
Central banks purchased a record $15.7bn of gold in the first six months of the year in an effort to diversify their reserves away from the US dollar as global trade tensions continue to simmer.
News ID: 5674 Publish Date : 2019/08/02
Barrick Gold (NYSE: GOLD) (TSX: ABX), the world’s second largest producer of the precious metals, on Wednesday said it will place its Lagunas Norte mine in Peru on care and maintenance while the team assesses the sulphide resource potential. It is the latest announcement outlining the company’s exploration strategy in Latin America.
News ID: 5641 Publish Date : 2019/08/01
Frankfurt-based sentix, a leader in the field of behavioural finance, has been compiling sentiment indices since 2001 by surveying more than 4,500 institutional and private investors.
News ID: 5639 Publish Date : 2019/08/01
Physical gold-backed exchange traded products, commonly referred to as ETFs, or exchange traded funds, have transformed the gold market over the last 16 years.
News ID: 5637 Publish Date : 2019/08/01
The Environmental Protection Agency is scrapping proposed restrictions on mining operations in Alaska’s Bristol Bay, dealing a victory to Northern Dynasty Minerals Ltd., which is hoping to tap a $100 billion copper-gold deposit in the region.
News ID: 5636 Publish Date : 2019/07/31
The gold price has now been camped out above $1,400 an ounce for a month, and silver has finally come alive above $16 per ounce, but legendary mining financier Eric Sprott had already kicked off a major junior investment spree when the metals were significantly cheaper than they are today.
News ID: 5634 Publish Date : 2019/07/31
Australia’s Northern Star Resources (ASX:NST) said Tuesday it had achieved record sales of 232,042 ounces of gold across its operations during the June quarter, driven particularly by its Pogo mine in Alaska, as well as its Kalgoorlie and Jundee operations in Western Australia.
News ID: 5633 Publish Date : 2019/07/31
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) hit a three-year low on Tuesday after it reported half-year results that fell short of market expectations.
News ID: 5632 Publish Date : 2019/07/31
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
Australia’s OceanaGold Corp (TSX, ASX: OGC) has halted mining at its Didipio gold and copper asset in the Philippines, as an ongoing dispute with a provincial government over its license to operate is negatively impacting the operation.
News ID: 5519 Publish Date : 2019/07/28
The world’s top diamond producer by output, Alrosa (MCX:ALRS), and the Zimbabwe Consolidated Diamond Company have signed a joint venture agreement to develop diamond deposits in Zimbabwe.
News ID: 5433 Publish Date : 2019/07/23
South Africa’s Petra Diamonds (LON:PDL) on Monday became the latest victim of weak demand for precious stones that is crippling the industry after reporting full-year revenue below analysts’ estimates.
News ID: 5430 Publish Date : 2019/07/23
Nicaragua-focused Condor Gold (LON:CNR) has obtained an extension to meet conditions associated with the environmental permit to build and operate its flagship La India open pit gold mine, in the western side of the country.
News ID: 5429 Publish Date : 2019/07/23
Brazil-focused Serabi Gold (LON,TSX: SBI) said Monday it remained on track to produce between 40,000 and 44,000 ounces of the precious metal this year from its Palito and Sao Chico mines in the country’s north, almost 19% more than the 37,108 ounces it churned out last year.
News ID: 5411 Publish Date : 2019/07/22
