Fresnillo shares plunge as profits fall short despite precious metals prices rally
Its shares fell 13% to a three-year low of 693.4 pence in morning trading. They were also the second-biggest decliner on the FTSE 100.
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Gold heist: Thieves steal $30 million worth of gold in Brazil’s largest airport
This was possibly the second-largest heist in Brazil’s history.
Sandvik CEO emerges as front-runner for top job at ABB
An announcement could be made in the coming weeks though ABB has yet to make a final decision.
INFOGRAPHIC: Taking advantage of the infrastructure boom
Taxable municipal bonds will help finance the $4 trillion needed for U.S. infrastructure repairs.
Bonterra raises C$27m for exploration in Canada
Bonterra has one gold development project – Barry – and several gold exploration projects in Quebec.
Pure Gold, First Nations sign agreement for Madsen mine
Pure Gold has also agreed to issue 100,000 common shares to each First Nation, and the company will make future financial contributions based on gold production.
Millennial Lithium announces positive feasibility study for Pastos Grandes
The Pastos Grandes lithium project has a life of 40 years and targeted production of 24,000 tonnes of lithium carbonate per year.
Watch these key levels in precious metals
The precious metals sector appears to have started a correction.
Venezuela faces loss of Citgo to Crystallex International
Venezuela could lose its largest U.S. asset after a court allowed Crystallex to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.
