Copper down nearly 2% as torrential downpour that shut many of the country's biggest mines is not expected to impact oversupplied market.
"The biggest mistake I see in the junior sector, is that the guys who are exploring…are just treasure hunting—a bunch of scientists out there on a treasure hunt, drilling holes, [just] to see what’s down there.”
The precious metals complex has established a floor of support over the past five months. For Gold it is around $1150/oz and for Silver it is around $15.50/oz.
Though the Fed would deny it, it is clear from the minutes of the last Federal Open Market Committee (FOMC) meeting that a rise in interest rates has been put off indefinitely.
The Commodity Futures trading Commission’s (CFTC) Commitment of Traders Report released last Friday conveniently shows the positions of trading categories the night before the FOMC minutes were released.
Looking for an exit or a lifeline? Look further says $8 billion fund manager.
Gold price jumps nearly 2% as Egypt gets involved in Yemen conflict, but resurgent dollar cuts into gains in New York trading.
Email offer with pics of "perennial supply" of "superior quality" bars and dust. Seems legit…
The country's Chamber of Mines says the new code would send the mining industry back by at least 10 years.
The company said the suspension of operation at the copper is momentary, as northern Chile is being hit by torrential rain and snow.
Amid the greenback's best run since 1970s new WGC study reveals gold prices rise twice as much when dollar weakens versus declines during USD strength.
Until Mick Davis pulls the trigger on X2's $5.6 billion, wishful thinking and unhealthy skepticism will pervade talk around private equity and mining.
Everyone loves good management, but Ralph Aldis, portfolio manager with U.S. Global Investors, argues that few in the mining industry understand that the proper allocation of capital and the valuation of assets are the two criteria that separate the winners from the losers.
Weaker dollar helped gold price add to gains on Wednesday, but stronger demand fundamentals are also boosting the metal says HSBC in new report.
The broad bottom is in – and well settled in, seemingly, with at least another summer of sideways markets ahead. But time isn't a bad thing.
At the end of January, the company announced it was placing the mine in care and maintenance, citing a commodity price crash, and earlier this month was forced to seek creditor protection.
Precious metals have rebounded strongly over the past week, following comments from the Federal Reserve.
It took a world-renowned master chocolatier, cocoa from Tanzania, two solitaire diamonds and some gold to create this extravagant and expensive chocolate Easter bunny.
When the ratio is falling as it is now, both silver and gold usually go up.
Once a chronic underperformer, in Q3 2013, Lake Shore Gold completed a central mill expansion, which some analysts consider the start of the company’s turnaround.
Vancouver’s Petaquilla Minerals Ltd. (OTCBB:PTQMF) continues to stockpile financial troubles – the latest being a $1 million lawsuit from a local law firm over unpaid legal bills.
When the bears are attacking and "stuckholders" are looking for shelter, that is the time to call on the experts who have found a way to make money in up and down years.
Whitney George has joined Sprott, bringing over two value-oriented funds currently with around $285 million in assets.
The copper and gold miner will pay a dividend of 5 cents.
Following a $75m national mineral survey, Uganda has proposed a wide range of tax breaks ahead of a planned mining and exploration licensing round.
A new study shows the costs of mining for the red metal have steadily declined over the past three years.
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