Thursday, January 17, 2019
* Palladium touches record high at $1,313.24/oz * SPDR Gold holdings highest since end-July * Platinum touches over 1-month high at $827.40/oz BENGALURU, Jan 7 (Reuters) - Gold rose on Monday as the dollar fell on expectations that the U.S. Federal Reserve would halt its rate-hiking cycle for the year, lifting demand...
Via mining.com Global refined copper consumption will register steady growth over the coming years, driven by demand from the power industry, rising electric vehicle (EV) production and a positive global economic growth outlook, a new copper supply and demand outlook by Fitch Solutions shows. Fitch forecasts that global copper demand will...
Last year was a tough one for silver investors and miners. The white metal started the year on a positive note, opening at just over US$17 an ounce, but then the wheels fell off and it plunged to under US$14 per ounce in mid-November 2018. While silver has rallied in...
Source: Mining.com Blackwater founder Erik Prince aims to raise as much as $500 million to invest in metals needed for making the batteries that power electric vehicles (EVs), the Financial Times reports. Prince, who besides starting the controversial private security company is known for have been an informal campaign adviser to US President...
Source: Financial Times At the El Soldado copper deposit, 130km north of Chile’s capital Santiago, engineers from Anglo American are testing two new processes that could help put the mining industry on the path to a more sustainable future. The technologies — coarse particle recovery and bulk sorting — promise to...
LOS ANGELES, CA / ACCESSWIRE / December 3, 2018 / StockNewsNow.com, The Official MicroCap News Source™, today published an SNNLive Video Interview with Curtis Moore from Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), the largest uranium producer in the United States, and it is about to become the...
Source: Bloomberg Glencore Plc announced the retirement of billionaire Aristotelis Mistakidis, its embattled head of copper trading and one of the company’s biggest shareholders. Mistakidis’s departure marks the end of an era. The 56-year-old executive is one of the world’s most powerful commodities traders and built Glencore’s reputation as a dominant...
Louisville, Kentucky — Canada's Excelsior Mining gave final approval Friday to start construction on the Gunnison copper mine in Arizona after closing on US$75 million in financing for the project. "We'll definitely be in construction before the end of the year," with another project update expected around Christmas, said...
Mining Journal Research conducted by the Shareholders' Gold Council, a Canadian not-for-profit corporation found shareholders were more than willing to share the risk and reward alongside those who were responsible for protecting shareholder interests and making key decisions. The council was established to conduct research reports and studies of interest...
BHP has identified a potential new iron oxide, copper and gold mineralised system near its Olympic Dam operations in South Australia as part of a copper exploration program. The miner said today that the project was still in its infancy and that it was planning a further drilling program, slated...