As the sun sank over a vast opencast coal mine in eastern Serbia earlier this month, a small crane eased the front half of a Roman ship from the steep sides of the pit.
An excavator cutting through the coal-rich soil had pulled out some muddy timber w…
Coal mine in Serbia gives up new Roman treasure Read More »
(Kitco News) – Silver prices rose sharply during May as industrial demand picked up and exchange-traded-fund investment was strong, said Mitsubishi.
Mitsubishi: industrial, ETF demand boost silver prices during May Read More »
(Kitco News) – Gold remained higher early Friday after a report showed that personal spending by Americans fell by 13.6% in April, while income rose 10.5% and core inflation declined 0.4%. Spot gold was last up $11 to $1,730 an ounce.
Metals company Boliden has halted production at the concentrating plant of its Kevitsa nickel/copper mine, in northern Finland, after a fire occurred in the building for the primary crushing at the mine.
The company reports that no person was injured …
Kevitsa crushing station damaged in fire Read More »
Chile’s powerful copper unions are headed into contract talks with a hand weakened by the coronavirus pandemic, giving an edge to miners like Codelco, Glencore and Antofagasta in negotiations that could influence wages and benefits for years.
Chile’s …
Pandemic saps union clout as talks loom with Chile copper miners Read More »
(Kitco News) – Demand for silver has been stronger than gold lately, said Commerzbank analyst Daniel Briesemann. “Silver has recently made good some more ground vis-à-vis gold, as can be seen from the fact that the gold/silver ratio has dipped below …
Commerzbank: ‘silver is currently in greater demand than gold’ Read More »
(Kitco News) – Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) has restarted mining operations at its three silver-gold mines in Mexico, the company announced Thursday.
Endeavour Silver restarts operations at Mexican mines Read More »
Iron-ore surged past $100/t as supply woes in Brazil coincide with sustained, robust demand in top steel producer China.
Benchmark spot prices climbed to $101.05 on Friday as Brazil, the world’s second-largest exporter, saw a surge in coronavirus infe…
Iron-ore powers past $100 as supply woes meet robust demand Read More »
(Kitco News) – Bitcoin-U.S. dollar prices are weaker Friday on a normal corrective pullback and some chart consolidation.
Bitcoin daily chart alert – Another bullish chart pattern develops – May 29 Read More »
