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OceanaGold resumes mining in New Zealand

Uncategorized / Kitco Newsn

(Kitco News) – OceanaGold Corp. (TSX, ASX: OGC) is resuming operations at the Macraes and Waihi mines in New Zealand after the government loosened its COVID-19 alert, the company announced Tuesday.

OceanaGold resumes mining in New Zealand Read More »

DRC locks down mining city and Zambia border town

Breaking News / Reuters

Democratic Republic of Congo imposed a 24-hour lockdown on the mining hub of Lubumbashi on Tuesday and was set to shut down Kasumbalesa, a border town on an copper export route, as authorities traced the contacts of a Covid-19 patient. Jacques Kyabula …

DRC locks down mining city and Zambia border town Read More »

China’s first-quarter gold consumption cut in half by virus, price spike

Uncategorized / Reuters

China’s gold consumption fell by almost half in the first quarter as coronavirus containment measures and rising prices hit demand in the world’s biggest market, the China Gold Association said on Tuesday.

Consumption totalled 148.63 tonnes in Januar…

China’s first-quarter gold consumption cut in half by virus, price spike Read More »

Gold prices near steady as global stock markets gain

Uncategorized / Kitco Newsn

(Kitco News) – Gold prices are not far from unchanged on the day in early U.S. trading Tuesday. More chart consolidation and some profit taking by the shorter-term futures traders are featured early this week.

Gold prices near steady as global stock markets gain Read More »

Bitcoin daily chart alert – Uptrend is the bulls’ friend – Apr. 28

Uncategorized / Kitco Newsn

(Kitco News) – Bitcoin-U.S. dollar prices early this week have hit a six-week high. A price uptrend is firmly in place on the daily chart and bulls have the solid overall near-term technical advantage, to suggest more gains in the near term.

Bitcoin daily chart alert – Uptrend is the bulls’ friend – Apr. 28 Read More »

Mongolia cancels Tavan Tolgoi’s $1bn IPO plan

Markets, Mining.com / Cecilia Jamasmie

The shelved share sale would have marked at least the third effort to raise money to develop the giant coal mine.

Mongolia cancels Tavan Tolgoi’s $1bn IPO plan Read More »

Sylvania’s net profit rises on higher output, prices

Uncategorized / Donna Slater

Debtless platinum group metals (PGMs) miner Sylvania Platinum achieved a 56% quarter-on-quarter increase in net revenue increased to $43.6-million for the quarter ended March 31, the third quarter of its financial year, buoyed by increased production a…

Sylvania’s net profit rises on higher output, prices Read More »

Alphamin to raise $35m to reduce debt

TIN / Tasneem Bulbulia

Dual-listed Alphamin Resources has announced a proposed nonbrokered private placement of up to $35-million as a prepayment against $98-million of senior secured debt. Alphamin has announced an agreement in principle for up to a 31% reduction in debt, r…

Alphamin to raise $35m to reduce debt Read More »

Gemfields recognised as corporate member by Voluntary Principles

GEMSTONES / Tasneem Bulbulia

Ruby and emerald miner Gemfields has become the first and only gemstone producer to be recognised as a corporate member by Voluntary Principles. A globally recognised initiative by governments, companies and nongovernmental organisations (NGOs) to conf…

Gemfields recognised as corporate member by Voluntary Principles Read More »

Gemstone recognised as corporate member by Voluntary Principles

GEMSTONES / Tasneem Bulbulia

Diamond miner Gemfields has become the first and only gemstone producer to be recognised as a corporate member by Voluntary Principles. A globally recognised initiative by governments, companies and nongovernmental organisations (NGOs) to confront huma…

Gemstone recognised as corporate member by Voluntary Principles 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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