China’s iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand. Mining giant Rio Tinto on...
Read moreChile’s Codelco, the world’s largest copper producer, has already lost $17.5 million due to an ongoing strike at its Chuquicamata copper mine, its largest operation, as the labour action enters week two. About 3,200 unionized workers in Chile...
Read moreEro Copper Corp (TSX: ERO) announced today it has drilled the highest grade-metre intercept so far at the Vermelhos underground mine in Bahia state, Brazil, intersecting 28.1 meters grading 12.60% copper. Ero Copper’s share price increased by...
Read moreShares of IAMGOLD Corp. (TSX: IMG) surged over 9% on Thursday — its biggest jump in four years — amid whispers of a possible bid from China. The nation’s second-biggest gold mining company, China National Gold Group Corp., is said to be...
Read moreThe world’s best-performing precious-metals stock is up almost 90% this year, and there are signs the rally could run even further. Impala Platinum Holdings Ltd. has outpaced 87 global peers with a market value of at least $1 billion in 2019...
Read moreLiberty Gold Corp. (TSX: LGD) announced today that it has intersected thick intervals of high-grade gold mineralization at its Black Pine project in Idaho. Highlights of the latest drill results include: 1.78 g/t Au over 47.2 m, 1.51 g/t Au over...
Read moreThe price of copper surged on Tuesday after a strike at one of the largest copper mines in the world and optimism about a ceasefire in the trade war between the world’s two largest economies. In afternoon trading in New York, copper for delivery...
Read moreJaguar Mining Inc. (TSX: JAG) today announced a $25 million private placement offering through the issuance of common shares at a discount of C$0.085 (the closing price of JAG shares on June 17 was C$0.12). The company’s two largest shareholders...
Read moreMilitary equipment firms in the United States will likely have their supply of Chinese rare earths restricted, the Global Times said on Monday, after China’s state economic planner confirmed industry experts have proposed export controls. China...
Read moreNewmont Goldcorp Corp (NYSE: NEM) (TSX: NGT) has resumed shipping concentrate from its Peñasquito gold mine in Mexico following the lifting of an illegal blockade by a trucking contractor and some members of the Cedros community. Access to the...
Read moreNews that Vale may be restarting full production at its 30m tonnes per year Brucutu mine sooner than expected did not stop traders from chasing iron ore to fresh 5-year highs on Friday. The Chinese import price of 62% Fe content ore advanced to...
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