Platinum group metals and chrome miner Tharisa’s share price on the JSE fell by more than 45% on Friday morning after it announced that its basic earnings a share and headline earnings a share for the 12 months ended September 30 would likely be about …
Tharisa’s shares fall on lower earnings expectation Read More »
Operations at the El Cubo underground mine in Guanajuato, Mexico, have been suspended and all staff will be laid off as the mine, plant and tailings facilities are placed on care and maintenance. NYSE- and TSX-listed Endeavour Silver announced the deci…
Endeavour Silver shuts El Cubo as resources are depleted Read More »
Miners are likely to continue using autonomous drone technology as a complement to new Internet of Things (IoT) solutions to improve mine operation efficiency and worker safety, says research firm Fitch Solutions Macro Research. It notes that the low i…
Miners to invest more in autonomous drone technology Read More »
Source: Clive Maund for Streetwise Reports 11/22/2019
Technical analyst Clive Maund examines the data and answers the question.The precious metals sector has been on the defensive since gold’s COTs reached extreme reading…
Is Another Sharp PM Sector Down-Leg Imminent? Read More »
Metals miner Independence Group has again urged the shareholders of takeover target Panoramic Resources to accept a takeover offer, but has reserved its rights to terminate the offer in the wake of a capital raising by Panoramic.
Panoramic earlier thi…
Panoramic open to more offers Read More »
Mining major Rio Tinto this week tendered a collection of 64 rare pink and red diamonds from its iconic Argyle mine, in Western Australia.
The 2019 collection, the 35th tender since the mine began production, saw double digit growth in the number of b…
Rio tenders pink diamonds Read More »
Gold miner Silver Lake Resources is expected to shortly start with the compulsory acquisition of the remaining shares in takeover target EganStreet Resources after taking an 84.11% interest in the company.
Silver Lake in August this year launched a A$…
Silver Lake poised for compulsory acquisition of EganStreet Read More »
The Australian resources sector has continued to welcome promises by the federal government to speed-up the environmental approvals process for major projects.
Prime Minister Scott Morrison this week announced that the state government would partner w…
Resources sector welcomes Morrison’s promise Read More »
The Australian resources sector has continued to welcome promises by the federal government to speed-up the environmental approvals process for major projects.
Prime Minister Scott Morrison this week announced that the state government would partner w…
Resoures sector welcomes Morrison’s promise Read More »
South African miners face a conundrum: increasing palladium and rhodium output to take advantage of soaring prices risks depressing the already fragile market for sister metal platinum. That’s because palladium and rhodium are mined as byproducts, with…
Platinum catch-22 prevents miners tapping world’s hottest metals Read More »
