Gold imports by India slumped by about 99% for a second straight month in May, disrupted by restrictions to control the coronavirus outbreak in the world’s second-biggest consuming nation.
Inbound shipments fell to 1.3 tons last month from 105.8 tons …
Gold imports by India tumble for a second month on lockdown Read More »
(Kitco News) – Gold-backed exchange-traded products posted outflows in recent days while those for platinum had inflows, said Commerzbank. The ETFs trade like a stock but track the price of the commodity, with metal put into storage to back the shares.
Commerzbank: gold ETFs post outflows while platinum ETFs record inflows Read More »
(Kitco News) – There are “green shoots” for a U.S. economic recovery but don’t be “complacent,” said Verdence Capital Advisers. U.S. nonfarm payrolls rose by 2.5 million in May as the employment sector began to bounce from layoffs associated with the C…
Verdence: U.S. economy has ‘green shoots’ but don’t be ‘complacent’ Read More »
(Kitco News) – Bitcoin-U.S. dollar prices are near steady Tuesday morning, as the market continues to pause after hitting a 3.5-month high early last week.
Bitcoin daily chart alert – Bigger price move coming soon – Jun. 9 Read More »
As part of the deal, New Gold will acquire as much as 9.9% of Artemis’ common shares for C$20 million at the deal closing.
New Gold to sell BC project to Artemis Gold for C$190m Read More »
Industry body, the Minerals Council South Africa, says it takes issue with a narrative that appears to be developing in some quarters labelling the mining industry as an “epicentre” of Covid-19.
In a June 9 statement, it said this idea was often raise…
Minerals Council calls out ‘misleading’ Covid-19 claims Read More »
Angola’s Mineral Resources and Petroleum Minister Dr Diamantino Pedro Azevedo has announced the country’s plans to develop industry-specific market infrastructure for improved diamond trade activity.
The country plans on establishing an Angolan Diamo…
Angola on a drive to improve diamond market infrastructure Read More »
ASX-listed Aeris Resources has successful completed a A$30-million capital raise to fund the purchase of the Cracow gold mine, in Queensland.
The company on Tuesday said that it had completed the institutional component of its capital raise. Some 244….
Aeris completes A$30m capital raise Read More »
The Mahalo gas project, in Queensland, has been granted environmental approval by the state government.
Project developer Comet Ridge on Tuesday said that the latest environmental report was the second of two environmental steps required to allow the …
Mahalo ticks another environmental box Read More »
Coal developer Bowen Coking Coal has reported a Joint Ore Reserves Committee compliant resource estimate of 43-million tonnes for the northern part of its Hillalong project, in Queensland.
The ASX-listed company on Tuesday said that 21-million tonnes …
Bowen unveils maiden resource at Hillalong north Read More »
