Latest News
Gold Bull’s CEO Annual Address
1734624018 from FPOST
VANCOUVER, British Columbia, Dec. 19, 2024 (GLOBE NEWSWIRE) — 2024 has proven to be a transformational year for Gold Bull. Although the gold price remains strong, the sentiment amongst the junior resource sector has remained weak, which in turn makes access to capital dilutive. For this reason, during the year, Gold Bull concentrated on conducting […]
Gold's Tug-of-War: Fed Policy vs. Economic Uncertainty
1734621369 from GOLDSILVER
Gold prices edged higher Thursday, recovering from recent lows as traders reassessed the Federal Reserve's latest policy stance. The precious metal's rebound comes amid a complex economic landscape, with investors balancing the Fed's hawkish signals against ongoing geopolitical uncertainties and upcoming U.S. economic indicators.
Crude and Metals Retreat as Fed Signals Slower Rate Cuts
1734619584 from OIL&GAS
… than Expected Inventory Draws Crude oil edged lower this morning … EIA yesterday showed that commercial crude oil inventories (excluding SPR) … barrels. Total US commercial crude oil stocks stand at 421m … over the preceding week. Crude oil imports increased by 0 …
Surge in tunneling patents highlights technological innovations in mining
1734618904 from MINING
… and anchoring machines are transforming mining operations by enabling deeper excavations … ground conditions. Zhengzhou Coal Mining Machinery Group filed a patent … and operational efficiency in challenging mining conditions. Sichuan Huayingshan Guangneng Group …
Top mines that started operating in 2024
1734614711 from MINING
… the world’s biggest diamond mines. Côté Gold mine, Canada … gold prices, several gold mines also started operation in 2024 … Greenstone project (Ontario, Canada), Hochschild Mining’s Mara Rosa project (Brazil …
Miners Urged to Prioritize Safety and Environmental Protection During Rainy Season
1734611272 from MINING
… season, Minister of Mines and Mining Development Hon. Winston … It is essential that miners conduct thorough risk assessments … environmental impacts. All mining operations must revisit their … stressed. He also urged miners to adapt their operations …
Côte d’Ivoire Wants Bigger Share Of Its Mining Boom
1734610371 from MINING
… transparency, director general of mines Seydou Coulibaly said. Few … Miners of Ivory Coast (GPMCI). Likewise, tax revenue from mining … Total investment in Ivorian mines was estimated to be … need, the GPMCI professional miners’ association announced last month …
Indonesia weighs deep cuts to nickel mining to boost prices, Bloomberg reports
1734607114 from MINING
… weighing deep cuts to nickel mining quotas and is looking at … Philippines. A director general overseeing mining at Energy and Mineral Resources … , the price will drop," mining minister Bahlil Lahadalia told reporters …
'Pollution did not close ancient copper mines'
1734601789 from MINING
… that King Solomon’s copper mines harmed worker health in ancient … levels at the Timna copper mining sites are extremely low and … not been disturbed by modern mining, as seen in Cyprus, and … people who lived at the mining site during the Iron Age …
Probe into Xinfeng’s ‘illegal’ mining begins …company told to cease operations
1734599776 from MINING
The Ministry of Mines and Energy has detonated a … , a statement issued by the mines ministry’s executive director Penda … belonging to small-scale miners. Workers admitted that mining had been ongoing …
State Mining Corp’s net worth increases
1734599118 from MINING
… operational expansions at new mines. SMCL attributed the discrepancies … Khichangpo and Majuwa coal mines in Phuntshothang Gewog for … Khichangpo and Majuwa coal mines were closed prematurely. In … DHI) in the mining sector. Actual mining operations commenced in …
Japanese Refiner Plans IPO for Metals Unit
1734597000 from OILPRICE
Japanese refiner Eneos is mulling over an initial public offering for its subsidiary JX Advanced Metals Corp, putting up as much as 70% of the company for sale and eyeing potential proceeds of up to $4.5 billion. According to a Bloomberg report, the IPO is set to be discussed by the company’s board this Friday, with a discussion set to center on the amount of shares the company would offer. Unnamed sources told Bloomberg that Eneos’ chief executive is in favor of a smaller offering of 50.1% while some members of the board favor the…
Barrick Stock Down In Spite Of Gold Prices Being Up
1734586222 from NASDAQ
Barrick Gold stock (NYSE: GOLD) has fallen about 21% in the last two months, currently trading at about $17 per share. This compares to the S&P 500 which remains up by about 3% and gold prices which have fallen about 2% over the same period. The underperformance comes even th
Gold price sticks to recovery gains; not out of the wood yet amid Fed's hawkish tilt
1734584542 from FXStreet
Gold price (XAU/USD) stages a goodish recovery from a one-month trough, around the $2,584-$2,583 region touched during the Asian session on Thursday and for now, seems to have snapped a two-day losing streak.
Underground mining potential confirmed at Hemi
1734581708 from MINING
… approximately 150km. The underground mining conceptual study builds upon the … production opportunity”. “The (underground mining conceptual) study presents an opportunity … potentially introduce underground mining concurrently with open-pit mining at Hemi,” …
Mining potential confirmed at Hemi
1734581708 from MINING
… production opportunity. “The [underground mining conceptual] study presents an opportunity … potentially introduce underground mining concurrently with open-pit mining at Hemi,” … Jardine said. The successful underground mining conceptual study follows the De …
Can a steel town survive if its furnaces are turned off? – podcast
1734577202 from GUARDIAN
Port Talbot in Wales is defined by its huge steelworks. But in January Tata Steel announced it was ending primary steelmaking there. George McDonagh charts a year that could change the town for ever In January, Tata Steel announced it was ending primary steelmaking in Port Talbot. The town is known for two huge blast furnaces and its massive steelworks that has provided employment for decades. George McDonagh travelled there to see how people were reacting. He met Gareth Edwards, who had spent 30 years working there and was worried about the thousands of jobs that could be lost. Tata said it was losing £1m a day at the site and that a change to greener electric arc furnaces, which change scrap metal into new steel, was needed. But in Port Talbot there was fear that this would mean they were destined to follow the fate of other steel towns that have slumped into decline once the furnaces closed. Continue reading...
Miner secures K87bn funding agreement, off-take package
1734571424 from MINING
Mining firm Lindian Resources says it … , the Australian Stock Exchange-listed miner said Gerald Metal Group’s … boost for the medium-scale miner to meet its 2025 phase … classified as a medium scale mining project and to secure such …
Queensland eager to accelerate mining approvals
1734570669 from MINING
… plan. Queensland Natural Resources and Mines Minister Dale Last, who chairs … will see new and expanded mining opportunities across the state. “We … its importance. Subscribe to Australian Mining and receive the latest news …
Zim moves to eliminate mercury in gold mining
1734568392 from MINING
… and lives of local mining communities. The planetGOLD Zimbabwe … the artisanal gold mining sector and increasing miners’ access to … involved in artisanal gold mining. IMPACT deputy executive director … and Development Agency, the mining sector accounts for 70 …
Sandfire Resources America Inc. Reports Further High Grade Copper Intersections at the Black Butte Copper Project; And Provides Update on Drilling Program
1734562858 from FPOST
WHITE SULPHUR SPRINGS, Mont., Dec. 18, 2024 (GLOBE NEWSWIRE) — Sandfire Resources America Inc. (“Sandfire America” or the “Company”) is pleased to announce additional drill results from its 2024 exploration drilling program since the Company’s news release dated July 24, 2024. The ongoing drilling program aims to upgrade and expand the Johnny Lee Lower Copper […]
Road to 2025: Kingsrose Mining partners with BHP and preps for Penikat drilling
1734560385 from MINING
… , Sarah Hughan delves into Kingsrose Mining (ASX:KRM), which this year … strategic exploration alliance with global miner BHP and made significant progress … developed in collaboration with Kingsrose Mining, a Stockhead advertiser at the …
Oversold Conditions For Iron Mountain
1734560296 from NASDAQ
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Montage Gold Launches the Construction of Its Koné Project With First Gold Pour Expected in Q2-2027
1734559524 from FPOST
HIGHLIGHTS: A groundbreaking ceremony was held at Koné today with a strong presence from government officials and local communities, demonstrating their support for the project given its significant social and economic benefits First gold production is expected in Q2-2027 as early works are well underway and major construction works are set to commence in the […]