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Mining deal value declines $18bn in first half as Covid-19 disrupts flow of capital – GlobalData

finance / Donna Slater

Global mining deal value, suffering from the shock from the Covid-19 pandemic, fell by more than $18-billion year-on-year in the first six months of the year, to $46.6-billion, says data analytics company GlobalData.

The company notes that an expected…

Mining deal value declines $18bn in first half as Covid-19 disrupts flow of capital – GlobalData Read More »

Look past jobs report and focus on Friday CPI – Commerzbank

Uncategorized / Kitco Newsn

(Kitco News) – Markets continue to digest the latest better-than-expected employment data. However, one international bank recommends that gold investors pay more attention to impending inflation data.

Look past jobs report and focus on Friday CPI – Commerzbank Read More »

Gold miners present strong value as gold prices rise – Franklin Templeton Investments

Uncategorized / Kitco Newsn

(Kitco News) – (Kitco News) – Unprecedented central bank action to pump stimulus into financial markets to support the global economy devastated by the COVID-19 pandemic pushed prices to all-time highs in August. Now one fund manager is expecting a new…

Gold miners present strong value as gold prices rise – Franklin Templeton Investments Read More »

Possible special dividend on high-flying rhodium, palladium prices – Sylvania

PLATNUM GROUP METALS / Martin Creamer

High-flying rhodium and palladium prices are giving rise to a possible special dividend being paid to the shareholders of cash-flush Sylvania Platinum, the London Aim-quoted company that recovers platinum group metals from chrome tailings. The board of…

Possible special dividend on high-flying rhodium, palladium prices – Sylvania Read More »

Kodal receives £654 000 in proceeds from now completed ESA

Uncategorized / Donna Slater

Investors of lithium and gold explorer and developer Kodal Minerals, including Riverfort Global Opportunities and YA II PN, have sold all the ordinary shares of 0.03125p each in the company issued to them under the terms of an equity sharing agreement …

Kodal receives £654 000 in proceeds from now completed ESA Read More »

Farmer appointed Davenport chairperson

Potash / Donna Slater

ASX-listed potash miner Davenport Resources has appointed former Lonmin CEO Ian Farmer as nonexecutive chairperson as it continues the development of its portfolio of potash projects in Germany.

Interim chairperson Dr Reinout Koopmans will step down w…

Farmer appointed Davenport chairperson Read More »

Polyus net profit up 63% on higher gold prices

Uncategorized / Reuters

Russian largest gold producer Polyus said on Monday that its second-quarter net profit rose 63% year-on-year to $684-million due to a 31% increase in gold prices.

Its second-quarter adjusted earnings before interest, tax, depreciation and amortisation…

Polyus net profit up 63% on higher gold prices Read More »

China seeks to dent its coal addiction with mega power complexes

Coal / Bloomberg

Imagine a power plant built next to a coal mine but also operating wind turbines and solar panels. The facility hosts batteries to store electricity when supply is in excess. The main source of power could flip from the fossil fuel to clean energy, dep…

China seeks to dent its coal addiction with mega power complexes Read More »

Hochschild sees lower output on lockdowns in Peru, Argentina

Precious Metals / Reuters

Precious metals miner Hochschild Mining said on Monday it expects lower annual production than forecast earlier this year as Covid-19-related disruptions hampered mining activity at its assets in Peru and Argentina.

The company, which operates two min…

Hochschild sees lower output on lockdowns in Peru, Argentina Read More »

Bushveld creates new entity to provide vanadium electrolyte rental option

Vanadium / Donna Slater

Aim-listed integrated primary vanadium producer and energy storage provider Bushveld Minerals, which owns high-grade vanadium assets in South Africa, has formed a special purpose company in partnership with Invinity Energy Systems (Invinity), named Van…

Bushveld creates new entity to provide vanadium electrolyte rental option Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
  • To Coved or not To Coved
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  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
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