June 24, 2019

Gold above $1,400 is only the tip of the signal iceberg

The gold-silver ratio, silver itself, and many factors all suggest that the most recent move higher in the precious metals sector is nothing more than just a corrective upswing within…

June 24, 2019

Continental Gold drills visible gold at Buriticá; stock at 9-month high

The Buriticá project has attracted the interest of major miners such as Newmont.

June 24, 2019

Falling cobalt prices add fresh challenges to DRC’s economy

GDP growth in the DRC is expected to fall to 4.3% this year from 5.8% in 2018, due to a slowdown in mining activity triggered mainly by lower cobalt prices.

June 24, 2019

India’s annual coal demand rises to nearly one billion tonnes

Coal is among the top five commodities imported by India, one of biggest importers of the fuel despite having the world's fifth largest reserves.

June 24, 2019

US Supreme Court turns away challenge to Trump steel tariffs

Trump imposed 25% tariffs on imported steel and 10% tariffs on imported aluminum in March 2018 based on national security grounds.

June 24, 2019

China’s CNMC agrees to work on Madagascar rare earth project

No value was put on the agreement but the Chinese company will also have the right to purchase 3,000 tonnes of rare earth products from the project within three years…

June 24, 2019

Acacia pokes holes in Barrick’s takeover bid, still open to “fair” offer

The African miner said it "strongly disagreed" with Barrick's valuation of the company and that the proposal appears to have ignored the value of its exploration and development assets.

June 24, 2019

Rio Tinto breaks ground at Madison copper-gold project in Montana

The move follows an earn-in agreement between the two companies, under which Kennecott Exploration can acquire a 55% stake in the property.

June 24, 2019

Chinese rare earth magnet producer to expand as EV demand booms

The importance of rare earths, has been thrust into the spotlight in recent weeks as China mulls whether to use its position as the world’s dominant supplier as a counter…

June 24, 2019

Fosun mulls takeover of $1bn Russian miner GV Gold

The talks with GV Gold would be Fosun’s second attempt to acquire a stake in a Russian gold miner.