Billionaire Zell buys gold for first time in bet on tight supply
“Supply is shrinking and that is going to have a positive impact on the price”
Latest Stories
Alcoa beats profit estimates on strength in alumina segment
The company's shares were down 1.6 percent in extended trading, reversing course after rising as much as 3.5 percent to $30.
TLT-Turbo African consolidation creates a market first turn key solution
TLT-Turbo has concluded the consolidation of several South African based operations.
Sandvik launches automation upgrade package for DD422i / DD422iE
The upgrade has been developed to deliver 24/7 underground drilling for both miners and tunnelers.
Serabi Gold hits quarterly record for gold production
The company is currently drilling its Coringa gold project and aims to update its resource by the end of 2019’s first quarter.
Wesdome delivers 2019 guidance and grade increase at Eagle River
Wesdome produced 71,625 ounces of gold in 2018, a 21% increase from 2017’s 58,980 ounces.
Brazil general with mining link takes over indigenous agency
Environmentalists say the tribes are the last guardians of the rainforest and opening their lands to commercial activity will speed deforestation of the Amazon.
Rio Tinto 2018 iron ore shipments rise 2%, copper output jumps 33%
Rio's 2018 iron ore shipments from Australia's Pilbara region totaled 338.2 million tonnes, compared to 330.1 million tonnes the year before.
Trevali announces executive overhaul
By Thusday afternoon, Trevali's stock had dropped 10%.
