Exports dropped by around 67% in April to just 15.1 tonnes.
RBC forecast appetite for gold by central banks, mostly in emerging markets, to hit 275 tonnes this year as compared to 409 tonnes last year.
“Base metals were a ‘bright’ spot in 2014—largely ignored by equity markets and are among our ‘picks’ for investors in 2015,” observed Scotiabank economist Patricia Mohr in the latest edition of the Scotiabank Commodity Price Index published Thursday.
Nevsun Resources expands mineralization at its Harena copper-polymetallic deposit near the Bisha mine.
Hindalco Industries Ltd., owned by Indian billionaire Kumar Mangalam Birla, is targeting a record $1 billion of aluminum exports by March 31 buoyed by rising U.S. and European demand, people with knowledge of the matter said.
Something seems to have spooked the gold bears. We noted a few days ago that there seemed to be signs of new positive momentum building for gold, but then were worried that the big failure of the Swiss gold initiative might prompt another drive down in the gold price.
Swinging wildly. That best describes the spot price of uranium - and uranium equities - over the past couple weeks.
A Scotiabank analyst noted Thursday that when oil prices drop heavily on ample supply and strengthening consumer demand, car demand tends to surge.
Kept away from international nuclear trade dialogue for several years for not being a signatory to the nuclear non proliferation treaty, India has finally got the go-ahead from Australia, which is to ship uranium to India.
Canadian mining equities suffered in the third quarter due to a fall in metals prices, especially gold prices, as a result of a strengthening U.S. dollar, said EY.
Cukaru Peki was one of the most interesting finds in recent years.
BMO Capital Markets warns miners should prepare for a “prolonged period of sub-US$1,200/oz gold prices.”
Pitru Paksha is upon us, a time when it is considered bad form to make deals of any sort. But times are changing.
An article published in the Australian Finance Review has prompted OceanaGold to confirm that OceanaGold had unsuccessfully pursued a business combination with Alacer Gold.
The increase may signal a turnaround for SouthGobi Resources, whose shares plunged 56 percent last year in Hong Kong.
A year of tumbling share prices and a shrinking pool of funding have left smaller mining companies vulnerable to the approaches of medium-sized rivals.
Among the top three North American gold miners —Barrick, Goldcorp and Newmont— the former made the strongest gains in the past month.
The Republic of Congo (ROC), not to be confused with the neighbouring DRC, has the potential to develop into one of the world’s biggest potash miners over the next decade.
Eike Batista could be forced to restructure his EBX Group, Reuters reports. Could AUX go to market?
Serbia's mining sector, stagnant since the wars that tore Yugoslavia apart in the early 1990s, looks set for a revival as volatile commodity prices increase the allure of countries in Europe with established infrastructure and […]
The platinum market is likely to hit a record deficit of 844,000 ounces in 2013, HSBC says, as supply shrinks and demand, especially from ETFs picks up
Mongolia will begin producing coal from a block of its giant Tavan Tolgoi mine this year, a senior official at the state-run company in charge of the deposit said on Friday, a step that may give foreign […]
“We were pleased to return the highest dividends of the gold industry on a per share basis on 2012,” said Gary Goldberg, Newmont’s President and COO.
Idaho-based Coeur d’Alene Mines anticipates higher silver and gold production this year, after overcoming fourth-quarter 2012 challenges at Palmarejo and San Bartolome.
The problem with the Association of Mineworkers and Construction Union (Amcu) is that it is never quite where other people want it to be.