Chile’s Codelco delays $2.25 billion in investments on copper prices slump
Phase two of its Radomiro Tomic sulphide project and a new level at El Teniente, are the most affected projects.
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Kinross Gold inks labour deal that ends dispute at Mauritania mine
The company had halted production in June following a government inspection that led to a row over work permits, but work resumed in August.
Gold price fight back cut short by US data
Gold price turns negative again as economic activity gauge jumps, the dollar rallies and rate hikes loom – charts point to move to $1,200.
Zinc, lead prices break free from long term downtrend
Resistance breach shows significant upside potential for base metals.
Stellar posts upbeat economic assessment for Sierra Leone’s second largest diamond project
The company said its proposed Tongo-Tonguma mine economic evaluation demonstrates robust financial returns for a modest capital requirement.
World’s No. 1 miner BHP Billiton put its money on oil and gas
The company believes the market is set to move back into balance in 2017, with demand to exceed global supply.
Season of falling prices and percent index proves it!
It’s a knows fact that Sept and October are typically weak times for US stocks. Going back 37 years shows us the tendency for investors to sell and rebalance their portfolios to try and perform better during the final quarter.
Experienced miner Andrew Woodley to lead Newmont’s North America business
Newmont Mining Corporation has appointed experienced miner Andrew Woodley to lead the Company’s North America business beginning on January 2, 2017.
Bitcoin – money decentralization
Bitcoin is a type of a currency, used globally, and can be converted to US dollar, like any other currency we know. What makes Bitcoin interesting is that its birth brings to the world an old-new type of a monetary system that works in a decentralized manner.