Risks mount for gold producers over deep capex cuts
New report says cutbacks in capital spending are shrinking production profiles faster than expected and eating into earnings.
Latest Stories
Harvard, IMF economist: Emerging markets must go for gold
If all central banks were to hold at least 5% of forex reserves in gold (versus 60%+ in rich economies) it would require the purchase of almost 8,000 tonnes
Copper price falls to 3-month low, defies bullish forecasts
Traders ignore new survey of 22 economists that found consensus for double digit gains by the fourth quarter and into 2017.
Prospect generation – making mining into a numbers game
A concept born from two facts: mineral exploration is extremely capital intensive, and just 1 out of 3,000 mineralized anomalies became a mine.
Sprott monthly market update with Rick Rule: Cobalt bubble coming; Kaminak & The Yukon; streaming & royalties
In the current bull market, with more equity available, streaming and royalty companies continue to provide much needed revenue in the base metals and industrial materials sectors.
Caterpillar retail sales drop 12% in first three months of the year
Results mark the 41 straight month of retail sales declines.
South African miners to pay 67% of acid drainage clean-up costs
The government will pay for two-thirds of the cost by collecting money from mining companies through a new environmental levy.
Ivanhoe Mines condemns promotion of false and dishonest claims by Mining Watch Canada
The Canadian miner strongly refutes accusations of human rights abuses and illegal operations at its South African project made by the NGO.
Bokan mine development slowed as rare earth prices dip
Development of the Bokan Mountain rare earth mine is on hold as the company leading the project focuses on a new processing technology and waits for rare earth metal prices to rebound.
