Iran “standing down” drops gold price by most in nearly 7 years
$124 billion worth of gold futures traded in New York as price plunges 3.7% or $60 an ounce after Trump eases Iran war concerns.
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South African platinum stocks extend 2019 surge into new year
The FTSE/JSE Africa Platinum Mining Index jumped 4.9% Wednesday, taking its advance this year to 6.5%, as palladium touched an all-time high above $2,100 an ounce.
Teck to up coal shipping capacity 50% from BC port
The agreement increases contracted capacity from 3 million tonnes per annum (Mtpa) to 6 Mtpa with an option for Teck to extend up to 9 Mtpa from Neptune Terminals.
Aramine and Epiroc partner on underground equipment
The Epiroc range complements Aramine’s portfolio of machines.
FPX recoveries from Decar suggest battery market potential
Based on nickel recoveries in excess of 98%, the company believes that the resulting solution could be an ideal feed for the production of nickel and cobalt sulphate.
Hexagon acquires Blast Movement Technologies
BMT supplies a unique blast movement measurement technology to the global mining industry.
Brazil prosecutor aims to charge Vale within days over tailings dam disaster
Prosecutors expect to indict 15 to 20 people.
Discovery Metals focuses on high grade at Cordero
Highlights include 68.1 metres of 361 g/t silver equivalent.
Gold-backed ETF holdings hit all-time high in 2019
In the fourth quarter, ETF holdings reached 2,900 tonnes.