Gold Miners’ Q2’19 Fundamentals
New gold-mining giants are dominating and really distorting their sector.
Latest Stories
Vale carries out construction work on emergency-level dams in Minas Gerais
The construction work is expected to be complete by early 2020, and the project includes de-characterization of nine dams.
Asia Gold: High prices dent buying, silver remains attractive
High prices prompted Asian consumers to sell back physical gold this week to lock in profits.
A burning question for coal’s brightest star
Columnist David Fickling asks: If India is such a bright hope for global coal demand, why can’t investors see it?
Ivanhoe, CITIC complete second major financing for Congo mines
The investment provides Ivanhoe with the equity cushion required to fast-track Kamoa-Kakula’s 6 Mtpa Phase 1 mine to production.
China iron ore wobbles amid supply concerns, logs 4th weekly loss
The most-traded iron ore contract on the Dalian Commodity Exchange ended the session up just 0.1% at 626.50 yuan ($88.95).
China’s Huayou pulls out of Congo cobalt mine investment after price slump
Prices of cobalt, a key ingredient in batteries for electric vehicles, have fallen by around two-thirds from their April 2018 peak.
Avesoro regains control of Burkina Faso gold mine after security breach
The company had halted operations last week as a precautionary measure after armed artisanal miners attempted to steal ore from the Youga mine’s stockpile.
Orestone closer to drilling at Captain project in British Columbia
The Vancouver-based miner recently received an environmental notice of work mineral exploration permit.
