Gold is one of the rarest elements in the world, making up roughly 0.003 parts per million of the earth’s crust. But how much gold is the world digging up each year and what countries produce the most? In 2017, global gold mine production was a reported 3,247 tonnes. This figure is down 5 tonnes […]
Top 10 gold producing countries Read More »
By Visual Capitalist Over billions of years, extraordinary amounts of gold and other metals were deposited and spread throughout the Earth’s crust. Humans have been searching for these rich deposits for centuries, and advances in geoscience and technology have helped us become more adept at finding them over time. However, even with today’s advancements –
The future of gold exploration is under cover Read More »
Corn (December) Yesterday’s Close: December corn futures finished yesterday’s session down ¾ of a cent, trading in a range of 6 ½ cents. Funds were estimated to have been sellers of 10,000 contracts for the day. …read more From:: Resource Investor
Daily grains outlook: Soybeans, corn & wheat Read More »
It was all about the FOMC Rate Decision release on Wednesday, and stocks’ initial reaction to that news was slightly negative. The broad stock market extended its short-term consolidation along the resistance level. Will the uptrend continue or is this some topping pattern ahead of downward reversal? There are still two possible medium-term scenarios. …read
Topping pattern or just pause before going higher? Read More »
Despite the Federal Reserve coming across much more upbeat than expected after raising U.S. interest rates for the second time in 2018, some softness in the dollar following the decision has provided a short-term boost to many different emerging market currencies. …read more From:: Resource Investor
Emerging markets unexpectedly benefit from upbeat Fed Read More »
By Cory댊 Skeena Intersects 36.65 g/t Gold over 2.0 Metres at Snip The news out of Skeena Resources today encompasses drill results from infill drilling at the known mineralized zone as well as the new drilling at the 200 Footwall Corridor. This 200 Footwall is true exploration and could be a major driver for the
Company News – Thu 14 Jun, 2018 Read More »
Fundamentals: The Federal Reserve hiked interest rates by a quarter point yesterday and signaled that two more hikes are on the way this year. The Fed’s statement was overhauled and pointed to stronger growth and spending. However, they did maintain their “symmetric 2% inflation objective”. This arguably relieved some thoughts that the Fed would allow
Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries Read More »
By Cecilia Jamasmie Gabriel Resources (TSX-V:GBU) lawsuit against Romania for $4.4 billion in alleged losses related to the company’s stalled Rosia Montana gold and silver project, suffered a setback this week as the country told international arbitrators they can’t hear the Canadian miner’s claim. Romania’s government said a recent, ground-breaking court decision had slammed the
By Frik Els The import price of 62% Fe content ore at the Chinese port of Qingdao advanced again on Thursday trading at $68.49 per dry metric tonne according to data supplied by Metal Bulletin. The price of the steelmaking raw material is now up nearly 30% from lows hit this time last year. Demand
Iron ore price: BHP adds high-grade, lump ore for just $42 a tonne Read More »
By Reuters JOHANNESBURG, June 14 (Reuters) – Sibanye-Stillwater has recovered the body of the fifth and final missing mine worker after a three-day search at its Kloof Ikamva gold mine in South Africa, the company said on Thursday. The five Sibanye workers killed went missing on Monday after entering an abandoned section of the mine
South Africa’s Sibanye confirms all five missing miners’ dead Read More »
