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Gold price retreats as U.S. weekly jobless claims come in just above one million

Uncategorized / Kitco Newsn

(Kitco News) – The initial weekly jobless claims dropped by 98,000 to 1,006,000 million in the week to Saturday, slightly disappointing market expectations.

Gold price retreats as U.S. weekly jobless claims come in just above one million Read More »

Sasol shuts troubled Lake Charles plant as hurricane approaches

CHEMICALS / Bloomberg

Sasol, the fuel and chemicals maker, will shut its $13-billion Lake Charles Chemicals Project due to Hurricane Laura making landfall on the US Gulf Coast. “Given Hurricane Laura’s forecast path,” Sasol will temporarily close down its facilities at Lake…

Sasol shuts troubled Lake Charles plant as hurricane approaches Read More »

Sibanye-Stillwater earnings soar 718%, R1.3bn dividend declared

Precious Metals / Martin Creamer

Precious metals mining company Sibanye-Stillwater has reported sensational half-year results on Covid-defying increased production from all operating segments The Johannesburg- and New York-listed company, headed by CEO Neal Froneman, has declared a R1…

Sibanye-Stillwater earnings soar 718%, R1.3bn dividend declared Read More »

Russian diamond giant follows De Beers with price cuts

DIAMONDS / Bloomberg

Russian diamond miner Alrosa joined rival De Beers in cutting prices for its gems, but with a twist — the company changed its billing system so buyers can’t tell which stones are discounted, or by how much.

The two biggest producers for months refuse…

Russian diamond giant follows De Beers with price cuts Read More »

Gold, silver see price pause ahead of Powell speech

Uncategorized / Kitco Newsn

(Kitco News) – Gold and silver prices are trading near steady in early U.S. trading Thursday, pausing after solid gains Wednesday and ahead of some key U.S. economic data due out this morning, highlighted by a speech from Federal Reserve Chairman Jerom…

Gold, silver see price pause ahead of Powell speech Read More »

Bitcoin daily chart alert – Bulls fading, need to show some power soon – Aug. 27

Uncategorized / Kitco Newsn

(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday. Bulls are fading this week but still have the overall near-term technical advantage.

Bitcoin daily chart alert – Bulls fading, need to show some power soon – Aug. 27 Read More »

BHP to set fresh targets for emissions reduction by 2030

Mining.com, News / Cecilia Jamasmie

The “very tangible actions”, to be announced on Sept. 10, are part of the miner’s broader commitment to become carbon-neutral by 2050.

BHP to set fresh targets for emissions reduction by 2030 Read More »

IronRidge becomes a European Battery Alliance member

BATTERY METALS / Creamer Media Reporter

Africa-focused minerals exploration and development company IronRidge Resources has been accepted as a member of the European Battery Alliance (EBA250), which is committed to driving a competitive and sustainable battery industry in Europe by 2025. The…

IronRidge becomes a European Battery Alliance member Read More »

Minerals Council says morality must be put at forefront of recovery, growth

economy / Marleny Arnoldi

The Minerals Council South Africa has implored President Cyril Ramaphosa and law enforcement authorities to act urgently against those within government, business and other citizens who have looted public funds, incluing those intended to alleviate the…

Minerals Council says morality must be put at forefront of recovery, growth Read More »

DRDGold, Master Drilling, policy certainty make headlines

Breaking News / Creamer Media Reporter

Mining Weekly Editor Martin Creamer unpacks DRDGold expecting half-year earnings a share to rocket nearly sevenfold, Master Drilling  aligning itself with the transitioning global requirement of opencast mines going underground and policy certainty for…

DRDGold, Master Drilling, policy certainty make headlines 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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