Kinross takes 9.7% stake in Wolfden Resources
The two companies will form of a committee to explore Wolfden’s Pickett Mountain volcanogenic massive sulphide (VMS) deposit in Maine.
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Endeavour pours first gold at Ity CIL project
The company has poured its first dore bar from its Ity carbon-in-leach project four months earlier than planned and under budget.
Fed holding steady on rates may boost gold performance — report
A more dovish stance by the Fed, coupled with the ongoing trade talks between the US and China, could also contribute to a slowdown in US dollar appreciation, which could add to gold's momentum.
Crescat Capital says buy gold, sell stocks in ‘trade of century’
Going long gold in yuan terms and shorting global equities currently explains three-quarters of the hedge fund’s strategy.
U.S. sanctions Venezuelan gold company for supporting Maduro
This is the sixth round of sanctions since January by the U.S., which is seeking to wrest power and the military’s loyalty away from Maduro.
Biggest trading in copper options ever signals supply troubles
According to Citigroup analysts, copper production will trail consumption by 116,000 metric tons this year, a second straight deficit.
Top Philippine nickel miner says 2019 ore sales steady, exports to China to fall
Nickel Asia accounts for about half of the nickel ore output in the world's second-biggest supplier of the metal.
Cyber attack hits operations at aluminum maker Norsk Hydro
The company couldn’t detail how much output had been impacted, but said the so-called potlines, which process molten aluminum and need to be kept running 24 hours a day, had switched to manual mode.
How much oil is displaced by electric vehicles? not much, so far
Electric vehicles are taking ever-bigger bites out of global oil demand, but they haven’t yet caught up with the growing size of the pie.
