Upside targets for gold, gold stocks and silver
After a vicious selloff precious metals have stabilized. Its not a surprise given the breadth and sentiment extremes we noted and had predicted earlier.
Latest Stories
Tahoe halts operations at its La Arena gold mine in Peru after protest
Temporary suspension of mining activities comes after about 100 people trespassed and demanded payment for alleged environmental impacts of the operation on their community.
Top Sibanye holders are said to indicate support for Lonmin deal
The deal requires more than 50 percent approval in a vote by Sibanye investors, in addition to Lonmin’s shareholders’ approval.
Chile expects $65.75 bln investment in mining industry over 10 years
Among the investments, it referenced two new lithium mining projects, three copper and one gold, totalling $5.9 billion.
China’s Ganfeng Lithium files for Hong Kong listing
Ganfeng Lithium Co Ltd has filed for a Hong Kong stock market flotation, betting on a rise in demand for lithium as electric cars become more mainstream.
Zimplats FY profit tumbles after higher deferred tax charge
Platinum miner Zimplats on Friday reported a 94 percent drop in after-tax profit to $2.6 million after incurring a higher deferred tax charge.
Chile’s Codelco produced 875,000 tonnes copper in first half of 2018 – CEO
The company expects to produce approximately 1.7 mln tonnes of copper in the whole of 2018.
Beijing summons aluminium foil makers for talks on Mexico anti-dumping probe
The move threatens to jolt China's exports of aluminium, which have been booming in recent months. Mexico "is a big market" for Chinese aluminium foil.
Dalradian shareholders back Orion Mine’s $230m takeover bid
The Toronto-based miner, which is developing a large untapped gold deposit in a remote part of Northern Ireland, will seek final approval of the transaction by the Ontario Superior Court of Justice early next week, with the deal expected to close on or about Sep.7, 2018.
