Gold bugs with ‘FOMO’ ditch largest ETF to get in on stock rally
Investors are yanking money out of gold exchange-traded funds as hints of improving global growth and surging stocks lure them into riskier assets.
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MMG joins Glencore, ERG reviewing Congo plans after tax hike
Congo collected $1.57 billion of revenue from mining companies last year, almost double the previous year, mostly in profit tax and royalties.
Saudi Arabia’s gold miner plans to be a global top-20 supplier
Saudi Arabian Mining Co. plans to boost gold output from about 415,000 ounces this year to one million by 2025.
American Manganese’s lithium-ion battery recycling technology granted patent
The company said the granting of the patent comes at a time of surging demand for lithium-ion batteries as part of the trend towards ‘the electrification of everything.'
Collegiate Mining Competition remembers fallen miners
Virginia City, where the competition was held, hosts the largest strike in the world.
Barrick upbeat about new DRC president’s stance on mining, investment
The company said Felix Tshisekedi had confirmed his intention of working with miners to keep growing the Central African nation’s gold sector.
ISIS claims kidnapping and killing Canadian geologist in Burkina Faso
In the he latest issue of propaganda newsletter Al-Naba, ISIS took responsibility for the abduction and murder of Halifax, Nova Scotia-based Kirk Woodman.
Iron ore thunders higher as mine dams closed, exports collapse
Futures topped $90 a tonne on Wednesday amid increasing concern the crisis at Brazil’s Vale SA will be drawn out as regulators ordered dozens of dams to be shut.
Jewelers must disclose whether diamonds are mined or synthetic — FTC
The Diamond Producers Association, which represents mining companies like De Beers, Rio Tinto and Alrosa, welcomed the FTC insistence that companies distinguish between diamonds that are mined and those that are made in laboratories.