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Mine shutdowns hang over market even as some look to restart

MINE SHUTDOWNS / Bloomberg

A number of miners, including some giants of the industry, have been forced to halt or curtail production and processing as governments worldwide implement measures to stem the spread of the coronavirus.

Unprecedented disruptions to operations and sup…

Mine shutdowns hang over market even as some look to restart Read More »

Bitcoin daily chart alert – Recent pause is not bearish – Apr. 15

Uncategorized / Kitco Newsn

(Kitco News) – Bitcoin-U.S. dollar prices are slightly down in early U.S. trading Wednesday. A price uptrend is still in place on the daily chart and bulls have the near-term technical advantage.

Bitcoin daily chart alert – Recent pause is not bearish – Apr. 15 Read More »

Harmony Gold, NUM agree on May 2 return date

Uncategorized / Martin Creamer

The National Union of Mineworkers (NUM) and gold mining company Harmony have to May 2 as the return-to work date following South Africa’s Covid-19 lockdown. This agreement followed a meeting at Harmony’s offices in Randfontein on Tuesday, NUM general s…

Harmony Gold, NUM agree on May 2 return date Read More »

G2 Goldfields Drills High Grade Intercepts at Oko

Resources / Resource World

G2 Goldfields Inc. [GTWO:TSXV] announces drill results from the ongoing drilling program at the Oko…

G2 Goldfields Drills High Grade Intercepts at Oko Read More »

China’s top lithium miner eyes stake sales as losses deepens

Markets, Mining.com, Top Companies / Cecilia Jamasmie

Tianqi flagged losses for the first three months of the year to be 450-510 million yuan ($64-$72 million) compared with net profit of 111 million yuan ($16m) in 2019.

China’s top lithium miner eyes stake sales as losses deepens Read More »

ERG to boost iron-ore sales to China as traditional markets shrink

Uncategorized / Reuters

The Kazakh iron-ore unit of mining and metals conglomerate Eurasian Resources Group (ERG) is increasing exports to China to offset declining demand in the former Soviet Union, the company said on Wednesday.

Chinese consumers have confirmed they are re…

ERG to boost iron-ore sales to China as traditional markets shrink Read More »

Australia shares fall as recession worries deepen, oil stocks weigh

CORPROATE ACTIVITY / Reuters

Australia’s main stock index fell on Wednesday as prospects of a deep global recession and its impact on the demand for crude oil hammered energy stocks and offset better-than-expected trade data from China, the country’s biggest trading partner.

The …

Australia shares fall as recession worries deepen, oil stocks weigh Read More »

Partial delisting of platinum debentures

Uncategorized / Martin Creamer

More than a million platinum debentures were delisted at the start of JSE business on Wednesday, NewGold stated in a stock exchange news service (SENS) announcement.

The delisting of 1 400 000 NewGold platinum debentures, or the NewPlat exchange trade…

Partial delisting of platinum debentures Read More »

Glencore feud deepens as Zambia moves to revoke copper mines

Uncategorized / Bloomberg

Zambia raised the stakes in its fight with Glencore Plc, threatening to strip the company of its copper mines in the southern African country.

Glencore said last week it needs to close shafts at Mopani Copper Mines due to falling metal prices, disrupt…

Glencore feud deepens as Zambia moves to revoke copper mines Read More »

Blackstone exercises option in Vietnam

CORPORATE ACTIVITY / Esmarie Iannucci

Junior Blackstone Minerals has exercised its option to acquire a 90% interest in the Ta Khoa nickel/platinum group metals project, in Northern Vietnam.

The company in May last year inked an option agreement with owner AMR Nickel to acquire a 90% stake…

Blackstone exercises option in Vietnam 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
  • Life After Capitalism
  • 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
  • SPY Expectations For The Rest of September
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