Canadian miner Banro Corporation has agreed to sell its Namoya Mining gold mine in Democratic Republic of Congo to a consortium of investors including Baiyin International Investment and Shomka Resources, it said in a statement on Tuesday.
Banro will …
Canadian miner Banro agrees sale of Namoya mine in Congo Read More »
(Kitco News) – Gold prices are moderately higher in early U.S. trading Tuesday as bulls are out of the gate in good fashion this week.
Gold prices up on safe-haven bids, bullish charts Read More »
(Kitco News) – Holdings of gold by the world’s exchange-traded funds keeps rising, with concerns about further increases in COVID-19 cases around the world generating uncertainty and thus creating “brisk demand” for the precious metal as a safe haven.
Commerzbank: ETF holdings still rising; ‘brisk demand’ for gold as safe haven Read More »
(Kitco News) – Bitcoin-U.S. dollar prices are near steady early Tuesday after posting good gains Monday. Bulls have regained some momentum early this week.
Bitcoin daily chart alert – Bulls gain some momentum – Jun. 23 Read More »
JAKARTA, June 23 (Reuters) – Indonesia expects $3.7 billion in investments for smelter projects to be delayed to 2021 if the coronavirus outbreak persists until the end of 2020, a mining official said.
Indonesia expects delay to 2021 for $3.7 bln smelter investments Read More »
(Kitco News) – Accommodative central-bank monetary policy is supportive for gold and industrial metals such as copper, said US Bank Wealth Management. Comex August gold hit a one-month high of $1,779 an ounce on Monday
U.S. Bank: ‘central-bank policies should continue to support metals’ Read More »
Authorities in Democratic Republic of Congo’s southeastern mining heartland are boosting efforts to tackle child labour amid concerns that the coronavirus pandemic could drive more families to put their children to work in mines, officials said. Congo …
Congo officials vow to tackle child labour at mines as virus threatens spike Read More »
It would happen on July 1, which is when a long-negotiated new trade agreement among the US, Mexico and Canada (USMCA) is also set to take effect.
US to re-impose tariffs on aluminum imports from Canada Read More »
South Africa’s unemployment rate hit a record high in the first quarter of this year as key sectors including agriculture shed jobs, data showed on Tuesday, highlighting weakness in the economy even before it was battered by the COVID-19 pandemic. Afr…
Unemployment rate hit record high of 30.1% before virus Read More »
While Vametco and Vanchem’s production were disrupted by the 35-day nationwide Covid lockdown, London Aim-listed Bushveld Minerals is retaining the previously announced guidance, provided there are no more pandemic stoppages. Bushveld Minerals is a ver…
Bushveld retains vanadium production guidance Read More »
