GFMS: Will platinum’s dark days last?
The following is an edited release by Thomson Reuters on the occasion of the publication in early June of the GFMS Platinum Group Metals Survey 2018, which looks at developments…
Volume 104 Number 13 June 25 – July 8, 2018
Africa Snapshot: Eight juniors on the hunt for precious metals, battery minerals
Apart from the usual gold targets in West Africa and base metals in the Copperbelt, a couple of new trends in the junior exploration and development scene in Africa are…
Silver set for lacklustre gains in late 2018
The following is an edited release by precious metals consultancy firm Metals Focus, coinciding with the publication on June 7 of Silver Focus 2018, its flagship annual report that features…
Nevsun’s Bisha not going away any time soon
It looks like the Bisha zinc-copper mine in Eritrea is going to be around a little longer — or perhaps a lot longer than most would have expected, after its…
Editorial: New DRC mining code comes into force
After months of outcry from foreign mining companies active in the Democratic Republic of the Congo (DRC), the new DRC mining code proposed in March was signed into law with…
CITIC buys 19.9% of Ivanhoe
CITIC Metal, subsidiary of Chinese company CITIC, will acquire a 19.9% stake in Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), making it the company’s largest single shareholder. The companies signed the…
Roxgold hits Q1 record high for gold production at Yaramoko
Roxgold (TSX: ROXG; US-OTC: ROGFF) has hit a record high for first-quarter production at its Yaramoko underground gold mine in southwestern Burkina Faso, 200 km southwest from the capital city…
TSX Venture falls, June 11-15
The S&P/TSX Venture Composite Index ended the trading week down once again, falling 2.6% to 754.4. Shares of Cantex Mine Development rose 18¢ to 33¢. The company said it…
TSX inches higher while gold dips, June 11-15
Canada’s benchmark index rose 0.68% to 16,314.42 during a mixed week. The S&P/TSX Global Mining Index fell 1.9% to 75.17. The S&P/TSX Global Gold Index rose 1.3% to 191.66, while…
South32 offers US$1.3B for Arizona Mining
After taking an initial 15% stake in junior zinc developer Arizona Mining (TSX: AZ) in April 2017 for US$81 million and boosting it to 17% over the next year for…
US markets little changed, June 11-15
The prospect of a wider trade war between China and the U.S. escalated during the trading week, as the Trump administration said it would impose a 25% tariff on up…
Resolute Mining to invest $21M in Orca Gold
African-focused gold miner Resolute Mining (US-OTC: RMGGF) is investing nearly $22 million in Orca Gold (TSXV: ORG: US-OTC: CANWF) in a two-tranche deal that Orca expects will close this July….