This rise happened due to a recovery in output in producer countries such as the United States, Russia and China and an accompanying rise in export activity.
Europe Mining News
Rosseau Asset Management CEO Warren Irwin sees encouraging and warning signs in the current mining cycle.
Tenova TAKRAF has recently developed a symbiotic niche in the oil sands industry.
Data obtained from the Arkyd-6 will be use in the development of the Arkyd-301, Planetary Resources next spacecraft platform and the beginning of its space resource exploration program.
Deal provides the diamond giant with access to a production base outside Russia.
Russian miner said the price decline for rough diamonds was due to the changed sales assortment resulting from an increased demand for small-sized rough rocks from India.
The Falkenhain deposit, in the German state of Saxony, is located about 5 km from another Bacanora asset in Germany — the 50%-owned Zinnwald lithium project.
Liberty House is the industrial arm of British steel tycoon Sanjeev Gupta's GFG Alliance and Rio's aluminium smelter in Dunkirk, France, is the largest in Europe.
The Egypt-focused gold miner also expects solid growth this year. It’s targeting 580,000 ounces in production, up from an estimate of 550,000-560,000 ounces.
Though North America contained more than half the amount of global exchange-traded fund holdings, European funds added the most to their gold-backed ETFs last year.
The rival companies have unearthed three diamonds larger than 100 carats each.
The Russo-Baltique bottle belongs to Dartz founder Leonard Yankelovich.
2017 seems to be a dull period for gold. However, all that does not fluctuate like Bitcoin is not uninteresting. Let's take a look.
The London-based miner sold its 90% stake in the project to BCM International. The remaining 10% is held by the Ghanaian government.
The Bloomberg Commodity Index, which tracks returns on 22 raw materials, was poised for an unprecedented 15 days of gains on Thursday.
Unionized workers at Glencore's Lomas Bayas copper mine rejected a final contract offer and began government-facilitated mediation Thursday to avoid strike.
Gold from Clogau St David’s mine in North Wales is behind the wedding bands of the Queen Mother, the Queen, Princess Margaret, the Princess Royal and Diana, Princess of Wales.
Gold is seen as a safe haven for investors during times of uncertainty. Spot gold prices gained about 14 percent during 2017.
Markets where technology hasn’t substantially shortened the supply cycle and where cost are rising (ie copper) have the greatest long-term upside in prices
London court has ordered KCM to pay state mining company $139m in a claim related to copper price, raising by $36m the amount originally ordered to pay.
This year could see a geopolitical crisis on the scale of the financial crash a decade ago, Eurasia Group President Ian Bremmer says.
Bullion for immediate delivery advanced 0.9 percent to $1,315.08 an ounce at 2:15 p.m. in New York, according to Bloomberg generic pricing.
Even though the system has received criticisms, its 54 participants seem committed to making it work.
The South American miner wants to retain control of the TIPLAM port terminal, which is an asset originally included in the deal.
Rapaport says that following a better-than-expected holiday season, polished diamond prices stabilized in December 2017.