IAMGOLD sells stake in Ontario gold project to Sumitomo for $195 million
The deal comes as Sumitomo, Japan’s top gold miner, looks to boost its output through acquisitions and exploration.
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Gold miners weak but not oversold
If looking at Gold only in a vacuum, it looks good. Its uptrend since the start of the year remains intact and it has pushed above its 50 and 200-day moving averages.
CHART: Commodity prices slump to 50-year low against US stocks
S&P500 most expensive compared to commodities since late 1960s despite last year's rally in metals and mineral prices.
Mining’s Tesla moment: DeepGreen harvests clean metals from the seafloor
A first look at DeepGreen Resources, a seafloor mining startup partnered with Glencore, Maersk, and Fiore Group to disrupt the metals industry and defend the environment.
The Silver Institute’s Mike DiRienzo – “World of Silver Update”
The Silver Institute just released their Annual World Silver Survey 2017, and we talk about the physical demand/supply statistics, ongoing investment and new uses of silver, as well as upcoming updates including reports, announcements and events by the Silver Institute.
Muddy Waters using outdated and dubious data, Asanko CEO says
Asanko can earn cash without hiking debt, issuing equity: CEO
BHP to grow potash business to size of iron ore — report
Timeline-wise, the world's largest miner expects to achieve that goal in about 50 years.
Osisko Gold grabs Orion’s metals portfolio in $1.13 billion deal
Acquisition will help the Canadian company expand its diamond, gold and silver asset base.
Detention of illegal Chinese miners in Zambia infuriates Beijing
The group of 31 people arrested over the weekend at the copper-mining town of Chingola, includes a pregnant woman and two other people with malaria.