Junior Mining News

Fifth-largest gem quality diamond in history sold for $40 million

By analyst By Cecilia Jamasmie The world’s fifth biggest gem-quality diamond ever found was sold for $40 million on Monday, the company that found the massive rock said. Africa-focused Gem Diamonds (LON:GEMD) dug up the D colour, Type IIa rough diamond, which is about the size of two golf balls, at its flagship Letšeng mine […]

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Antofagasta more than doubles dividend on strong copper prices

By analyst By Cecilia Jamasmie Shares in Chilean miner Antofagasta Plc. (LON:ANTO) spiked Tuesday after it posted a 59% increase in profits to almost $2.6 billion last year, thanks to strong copper prices and cost-cutting measures that helped offset a slight decline in production. Net profit for the year ended Dec. 31 climbed to $750.6

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Two Cutting-Edge Energy Efficiency Companies Team Up to Capture Growing Market

Source: Streetwise Reports 03/13/2018 A unique energy efficiency company whose client base runs from a Premier League football stadium to fast food outlets in the Middle East to a data center in the UK is joining forces with a company that brings a unique suite of energy efficiency solutions. Companies and residences are always looking

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Russia and China to work on joint uranium mining project

By analyst By Valentina Ruiz Leotaud Rosatom announced on Monday that the Russia-China Investment Fund for Regional Development will kickstart the financing for a uranium mining project in Russia’s Zabaikalsky Territory. Zabaikalsky is located in the southeastern region of Transbaikalia and has a 998-kilometre border with China and a 868-kilometre border with Mongolia. According to

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Record Low Volatility in Precious Metals and What it Means

By Jordan Roy-Byrne CMT, MFTA A number of technology providers are already checking ways to offer a transparent price setting mechanism. …read more Source: MineWeb ‘ data-medium-file=”” data-large-file=”” src=”https://i2.wp.com/thedailygold.com/wp-content/uploads/2018/03/Record-Low-Volatility-in-Precious-Metals02_opt1-1024×768.jpg?w=150&ssl=1″ alt=”” data-recalc-dims=”1″> The past 18 months have been difficult for precious metals investors. If you had known Donald Trump would be elected and the US Dollar

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