DRC gold smuggled out of country, UN says
At least 1.1 tonnes of gold mined in the Democratic Republic of Congo (DRC) were smuggled last year into countries along the eastern border, costing the impoverished nation millions of…
At least 1.1 tonnes of gold mined in the Democratic Republic of Congo (DRC) were smuggled last year into countries along the eastern border, costing the impoverished nation millions of…
Kinross Gold (TSX: K; NYSE: KGC) has reached an in-principle deal with the government of Mauritania, which the company says will better balance the interests of both parties in the…
The global Top 40 mining companies are so far weathering the Covid-19 storm mostly unscathed, but the longer-term impacts remain uncertain and ongoing disruption is likely, according to PwC’s Mine…
Copper demand is expected to grow over the coming years, as the world continues the transition to electric-powered vehicles. However, many industry watchers have noticed a scarcity of pre-production copper…
When Trent Mell, the president and CEO of First Cobalt, contacted our newspaper last week and asked what our thoughts were on tackling the George Floyd protests as they relate…
Copper prices surged to their highest levels in nearly three months on June 11, reaching US$5,801.5 per tonne (US$2.63 per lb.) on the London Metals Exchange (LME), up almost 20%…
For companies without the size and heft of the big producers De Beers and Alrosa, the diamond space has always been a challenging one – even before the coronavirus pandemic….
Australia’s state of Queensland has granted Glencore’s (LSE: GLEN) A$1.5-billion (US$1 billion) Valeria coal mine the status of “coordinated project” in order to fast-track it, as the nation seeks alternatives…
China’s Zijin Mining has emerged as the unnamed multinational that trumped Silvercorp Metals’ (TSX: SVM; NYSE: SVM) bid for Guyana Goldfields (TSX: GUY), with a deal that values the target…
Concerns about a new surge of coronavirus infections sent the S&P/TSX Composite Index down 3.77%, or 597.50 points, to finish the June 8-12 trading week at 15,256.57. Spot gold rose…
The S&P/TSX Venture Composite Index fell by 0.36% to finish the June 8-12 trading week at 554.91, with gold finishing the week at US$1,730.50 per oz., a rise of US$46.50…
Coronavirus cases in the U.S. topped 2 million and fears of a rise in infections pummelled the stock market. The Dow Jones Industrial Average Index plunged 5.55%, or 1,505.44 points,…
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