Rio Tinto Limited (ASX:RIO) Charged With Fraud

Rio Tinto Limited (ASX:RIO) Charged With Fraud

Rio Tinto Limited (ASX:RIO) Charged With Fraud Anglo-Australian mining giant Rio Tinto has been charged with fraud in the US and fined £27.4m in the UK after being accused of overstating the value of African coal assets. The FTSE 100 company and two of its top former executives were charged in the US of hiding […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights “Gains from AutoHaul are already being realised including reduced variability and increased speed across the network, helping to reduce average cycle times.” The technology that enables cars to be driven without human intervention could soon become the norm on the rail tracks, after a mining company completed the world’s […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights The future of BHP Billiton boss ­Andrew Mackenzie has come under ­renewed scrutiny ahead of the miner’s AGMs, as its new chairman looks to further reshape the board. Investors have urged BHP to begin succession planning as Scottish-born Mr Mackenzie approaches his fifth anniversary as chief executive – and […]

Metalla Royalty and Streaming, Ltd.’s Annual Letter to Shareholders 2017

Metalla Royalty and Streaming, Ltd.’s Annual Letter to Shareholders 2017

Metalla Royalty and Streaming, Ltd.’s Annual Letter to Shareholders 2017 $MTAFF, $GLD, $SLV It is with great satisfaction that I present to you, our shareholders, the first annual shareholder letter under our new name and business model of acquiring precious metal royalty, streams, and other production based interests. At a time when experts in the […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights The world’s largest mining company BHP Billiton said 2017 will be considered a tipping point for electric cars, boosting demand for commodities from copper to nickel. “I think if we look back in a few years we would call 2017 the tipping point of electric vehicles,” Arnoud Balhuizen, head […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights Andrew Mackenzie, boss of mining giant BHP Billiton, doubled his take-home pay this year, after the reinstatement of his short-term bonus. Mr Mackenzie earned $4.55m (£3.35m) in the year to June 30, compared with $2.24m the year before, the company’s annual report revealed. The rise was largely because BHP […]

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming $GLD, $SLV, $MTAFF, $IBM, $WMT To start this is gold’s step sum chart going back to November 2010.  For almost a year (November 2010 to August 2011) gold’s step sum saw an amazing ascent; rising from 220 to 275 (55 net advancing days) in a […]

BHP Billiton Limited(ASX:BHP) HEFFX Highlights

BHP Billiton Limited(ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights Australian iron ore producers fell on Monday after the price of the steel making ingredient slipped on Friday. BHP Billiton, Rio Tinto and Foretescue Metals Group were among the worst performers on Australia’s benchmark S&P/ASX 200, after iron ore with 62 per cent iron content for delivery to Qingdao […]

South32 Ltd (ASX:S32) Could Hit $5

South32 Ltd (ASX:S32) Could Hit $5

South32 Ltd (ASX:S32) Could Hit $5 SOUTH32 FPO closed up 0.030 at 3.120. Volume was 6% below average (neutral) and Bollinger Bands were 10% wider than normal. Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on […]

Rio Tinto Expands Mining Farm

Rio Tinto Expands Mining Farm

Rio Tinto has formally opened its new $US338 million Silvergrass iron ore mine in Western Australia’s Pilbara region. The 10 million tonne per annual operation is the company’s 16th mine and represents the first new iron ore mine in Australia since the opening of Gina Rinehart’s Roy Hill mine. Rio Tinto chief executive Jean-Sebastien Jacques […]

America’s Manufacturers Are Thriving Under President Trump

America’s Manufacturers Are Thriving Under President Trump

America’s Manufacturers Are Thriving Under President Trump $DIA, $SPY, $QQQ, $VXX America’s manufacturers are showing signs of fabricating some genuine momentum. The NAS Comp (QQQ) moved back into record territory, climbing 2.7% to close the week at a new all-time high Add to that, improvement among US builders and miners and the US is finally […]

Fortescue Share Price Low

Fortescue Share Price Low

Although the market has bounced back from yesterday’s decline and is up 0.3% in morning trade, the Fortescue Metals Group Limited (ASX: FMG) share price and the Atlas Iron Limited (ASX: AGO) share price have sunk deep into the red. At the time of writing the shares of the two leading iron producers are down 2.5% and 5%, respectively. Why have […]

Rio Tinto Group Negotiating With Freeport

Rio Tinto Group Negotiating With Freeport

US mining giant Freeport McMoRan has signaled it believes a breakthrough agreement allowing it to continue operating a massive gold and copper mine in Indonesia will win the approval of Rio Tinto. Indonesian Energy and Minister Resources Minister Ignasius Jonan said on Tuesday that after “tough negotiations” Freeport had agreed to give up its majority stake […]

BHP Billiton Limited – Strong Buy Rating

BHP Billiton Limited – Strong Buy Rating

BidaskClub upgraded shares of BHP Billiton Limited (NYSE:BHP) from a buy rating to a strong-buy rating in a research note published on Saturday. A number of other equities analysts have also recently issued reports on BHP. Zacks Investment Research upgraded shares of BHP Billiton Limited from a strong sell rating to a hold rating in a research note on […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton intends to sell its nickel division despite its decision to invest $US43 million in boosting its capacity to meet demand created by the boom in electric vehicles. In revealing that in the long term it will probably sell Nickel West, which operates in Western Australia, BHP is […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Engineering firm WorleyParsons has edged fancied rivals by gaining a foothold in Rio Tinto’s proposed next big iron ore development in the Pilbara. Rio Tinto selected WorleyParsons to provide engineering services to support the feasibility study phase of the $US2.2 billion ($2.8 billion) Koodaideri project. The $31 million study […]

BHP Billiton Limited (ADR) (NYSE:BHP) Back on Track

BHP Billiton Limited (ADR) (NYSE:BHP) Back on Track

BHP Billiton Limited (ADR) (NYSE:BHP) Back on Track BHP reported a return to profit Tuesday as strong commodity prices helped it bounce back from a large loss last year, with the mining giant also flagging the sale of its US shale assets. The world’s largest miner recorded an annual net profit of 5.89 billion for […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto has hailed a more productive dialogue with the State Government as the resources industry works to improve its image with regional communities. The mining giant hosted WA Premier Mark McGowan on a tour of its Dampier port facilities this month to highlight the work being done to […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton has hit the button on a $2.46bn (£1.9bn) project to expand a giant copper mine in northern Chile, as it looks to feed rising demand for the red metal. The long-awaited plan will extend the life of its Spence mine by 50 years, and comes as investors […]

US Factory Output Declines on Slowing Auto Production

US Factory Output Declines on Slowing Auto Production

US Factory Output Declines on Slowing Auto Production A slump in motor vehicle production pushed down US factory output unexpectedly in July, Federal Reserve data showed Thursday. Highlights of Industrial Production (July) Factory output dropped 0.1% (est. 0.2% gainer) after 0.2% gainer Total industrial production, which also includes mines and utilities, increased 0.2% (est. 0.3% […]

S&P Copper Report

S&P Copper Report

S&P 500 Copper (Sub Ind) (INDEXSP:SP500-15104025) S&P Copper closed up 8.048 at 148.592. Volume was -0% below average (neutral) and Bollinger Bands were 20% wider than normal. Open             High              Low                Close Volume___ 148.592    148.592           148.592           148.592 […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights RBC Capital Markets’ Tyler Broda turned slightly less bullish on Rio Tinto plc (ADR) RIO 1.23%by downgrading the London-listed stock rating from Top Pick to Outperform with an unchanged 4,200p price target, which implies upside from Tuesday’s opening price of 3,382.50p. One of the reasons to support a continued […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights “Think Smart” yell the billboards across Sydney, Melbourne, Brisbane and Perth. “Tell BHP it’s time for CHANGE.” The slogan is a play on BHP Billiton’s recently unveiled strapline “Think Big”, and the advertising campaign is the latest salvo from activist investor Elliott Advisors, which wants the world’s biggest mining […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Metal prices are likely to remain volatile for the rest of year, the boss of mining group Rio Tinto has warned, while promising investors the company can keep delivering healthy returns. The FTSE 100 miner has benefitted from a recovery in the price of iron ore, the steelmaking ingredient […]

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights BC Iron Ltd (BCI.AX)’s closing price of $0.175 has closed above it’s Parabolic SAR reading, indicating a potential trend reversal. Parabolic SAR (or PSAR) is a simple, compact indicator that can provide some useful information when taking into account additional trends and factors. It is not typically recommended, however […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights When Rio Tinto opens the resources sector reporting season tomorrow, the focus will be on increased cash returns, not governance issues, even after Rio’s Guinea problems were upgraded to a corruption probe last week and its lead independent director recently stepped down over separate fraud charges. Investors will be […]

Fortescue Metals Group To Ease-up or Stay Aggressive

Fortescue Metals Group To Ease-up or Stay Aggressive

Shares of Fortescue Metals Group Ltd (FMG.AX) is moving on volatility today 5.90% or $0.32 rom the open. The ASX listed company saw a recent bid of $5.74 on 35180000 volume. Investors may be looking for the next positive catalyst to create a solid breakout. Some may be wondering when the party will end, and it remains to be seen if excess […]

OZ Minerals Limited (ASX:OZL) HEFFX Highlights

OZ Minerals Limited (ASX:OZL) HEFFX Highlights

OZ Minerals Limited (ASX:OZL) HEFFX Highlights Australian copper and gold miner OZ Minerals has delivered a solid second quarter production report and grown its cash pile to $625 million. Cooper production rose 12 per cent from the first quarter to 28,163 tonnes and the company remains on track to meet full-year production guidance of between […]

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights Needle moving action has been spotted in BC Iron Ltd (BCI.AX) as shares are moving today on volatility 14.71% or $0.025 from the open. The ASX listed company saw a recent bid of $0.195 and 4290000 shares have traded hands in the session. Market watchers diligently track the companies […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto is poised to return more cash to shareholders next week with the miner set to unveil a healthy interim dividend and more money for share buybacks after enjoying rising commodity prices. The FTSE 100 company could ­increase returns to shareholders by up to $2.5bn (£1.91bn) when it […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights Independent Research GmbH set a GBX 1,350 ($17.59) price objective on BHP Billiton plc (LON:BLT) in a research note published on Thursday, July 20th. The firm currently has a neutral rating on the mining company’s stock. Several other brokerages also recently commented on BLT. Citigroup Inc. reaffirmed a buy […]

Cimic Group Ltd (ASX:CIM) HEFFX Highlights

Cimic Group Ltd (ASX:CIM) HEFFX Highlights

Cimic Group Ltd (ASX:CIM) HEFFX Highlights CIMIC Group Ltd (CIM.AX) shares have moved above the Chalkin Money Flow zero line, indicating potential buying momentum for the shares. The Chaikin Money Flow Indicator is an oscillator developed by Marc Chaikin. An oscillator is an indicator that is used as a counter trend showing when the market […]

BHP Billiton Limited (ASX:BHP) Surge Up With Copper

BHP Billiton Limited (ASX:BHP) Surge Up With Copper

BHP Billiton Limited (ASX:BHP) Surge Up With Copper Australian mining stocks are on fire Wednesday morning after copper prices surged 4% to a two year high overnight. BHP Billiton (BHP.AU), the world’s largest miner, is up 3% and Rio Tinto (RIO.AU) is also up 3%. Copper is trading around $2.87 a pound. But the star […]

Freeport-McMoRan Unexpected Q2 Results

Freeport-McMoRan Unexpected Q2 Results

Freeport-McMoRan (FCX) has just reported its second-quarter results, which are very interesting to see in the light of ongoing problems in Indonesia and the recent upside in the copper market. The company reported adjusted net income of $0.17 per share on revenue of $3.7 billion, missing analyst estimates on earnings and beating them on revenue. More importantly, […]

Fortescue Metals Group Sued For Compensation

Fortescue Metals Group Sued For Compensation

The Federal Court has granted native title to 2,700 square kilometers of land in the ore-rich Pilbara to the Yinjibarndi people, an area just north of Karijini National Park incorporating FMG’s multi-billion dollar Solomon Hub mine. The decision paves the way for the Yindjibarndi people to sue Andrew Forrest’s FMG for millions of dollars in compensation. […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto shareholders could be set for a treat when it reveals its first half profits in August, with RBC Capital Markets saying the miner could pay a $US1 billion special dividend. The broker says Rio Tinto (RIO) is in a good position to pay out an additional dividend […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton Ltd. (BHP.AU) said Wednesday it plans to step up activity in the U.S. oil-and-gas shale fields that activist shareholders are agitating for the resources company to offload. The move is expected to revive flagging onshore production volumes even as BHP continues to invest in conventional energy operations […]

Mount Gibson Iron Limited (ASX:MGX) Settlement With Koolan

Mount Gibson Iron Limited (ASX:MGX) Settlement With Koolan

Mount Gibson Iron Limited (ASX:MGX) Settlement With Koolan July 7 – Mount Gibson Iron will receive a $64.3 million business interruption insurance settlement following the failure of the Koolan Island main pit seawall in October 2014. The company temporarily suspended mining activity at the Koolan Island hematite mine’s main pit due to pit wall instability […]

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights ASX-listed BC Iron on Wednesday told shareholders that the scoping study estimated a capital cost of between A$225-million and A$255-million, with operating costs estimated at between A$19/t and A$21/t free-on-board, while Mardie was expected to generate average revenues of around A$45/t. The project would have a net present value […]

Rio Tinto Limited (ASX:RIO) Lowers Iron Ore Forecast

Rio Tinto Limited (ASX:RIO) Lowers Iron Ore Forecast

Rio Tinto Limited (ASX:RIO) Lowers Iron Ore Forecast Rio Tinto lowered its forecast for iron ore shipments on Tuesday by up to 10m tonnes — but analysts said the revised estimate would not stop the Anglo Australian mining group returning cash to shareholders and could help support the price of the commodity. Rio said it […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton Ltd. (BHP.AU) said Wednesday it plans to step up activity in the U.S. oil-and-gas shale fields that activist shareholders are agitating for the resources company to offload. The move is expected to revive flagging onshore production volumes even as BHP continues to invest in conventional energy operations […]

Rio Tinto Limited (ASX:RIO) Aims To Be King

Rio Tinto Limited (ASX:RIO) Aims To Be King

Rio Tinto Limited (ASX:RIO) Aims To Be King It has been just over a year since Jean-Sébastien Jacques took over the reins at Rio Tinto. The 45-year-old France-born executive knows there is much more still to do to restore investor confidence in the sector. Years of profligate spending and dealmaking left the industry saddled with huge […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton Limited was upgraded to Outperform by Bernstein on the strength of the Australian company’s core mining business. BHP has traded lower than its peers in recent months, but shares are poised to return to their “intrinsic value,” analyst Paul Gaitsaid in a Wednesday note. “We now see a […]

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights The gold miner announced that it has increased its stake in the highly sought after Brisbane-based gold mining company SolGold plc. Newcrest has invested a further US$40 million in the London AIM-listed company and now holds 14.5% of the issued equity in SolGold. Late last year mining giant BHP […]

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights Rio Tinto shareholders have given their backing to the sale of the company’s Australian coal assets to China’s state-backed Yancoal for $2.69bn, spurning a bid by rival Glencore. Shareholders in the UK and Australia voted overwhelmingly in favour of the deal, with 97.2 per cent of a little […]

BHP Billiton Limited (ASX:BHP) 20/20 Hindsight

BHP Billiton Limited (ASX:BHP) 20/20 Hindsight

BHP Billiton Limited (ASX:BHP) 20/20 Hindsight HP Billiton has released a $250m (£193m) payment that will go towards rehabilitation work in Brazil, where efforts continue to clean up a deadly tailings dam collapse. The world’s largest miner by revenue will put $174m towards the Renova Foundation to aid clean-up work for the rest of this […]

President Trump Champions US Energy Dominance

President Trump Champions US Energy Dominance

President Trump Champions US Energy Dominance $USO, $UNG, $SRE Thursday, The Trump Administration said Thursday it is taking steps to expand Crude Oil drilling in the Arctic and Atlantic oceans as President Donald Trump continues to push for US “energy dominance” in the global market. The Interior Department is rewriting a 5-year drilling plan established […]

METALLA (OTCMKT:EXCFF) to Acquire Royalty & Streaming Portfolio from Coeur Mining 

METALLA (OTCMKT:EXCFF) to Acquire Royalty & Streaming Portfolio from Coeur Mining 

METALLA (OTCMKT:EXCFF) to Acquire Royalty & Streaming Portfolio from Coeur Mining $EXCFF, $CDE Metalla Royalty & Streaming Ltd. (CSE:MTA) (OTCQB:EXCFF) (FRANKFURT:X9CP) said Monday, that it has entered into a Share and Asset Purchase Agreement with Coeur Mining (NYSE:CDE), and certain subsidiaries of Coeur Mining. The transaction, Metalla will do the following: acquire a portfolio of three (3) […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights A former adviser to BHP Billiton and doyen of the Australian equity capital markets scene has launched an extraordinary attack on the strategy of the resources giant, including questioning its board appointment of Business Council of Australia president Grant King. Brett Paton, who is now the chairman of Escala […]

Metalla Royalty & Streaming (OTCMKT:EXCFF) Closed on Properties in Timmins, Ontario

Metalla Royalty & Streaming (OTCMKT:EXCFF) Closed on Properties in Timmins, Ontario

Metalla Royalty & Streaming (OTCMKT:EXCFF) Closed on Properties in Timmins, Ontario $EXCFF Metalla Royalty & Streaming Ltd. (CSE:MTA) (OTCQB:EXCFF) (FRANKFURT:X9CP) said last Friday that it has closed the transaction with Matamec Explorations Inc. to acquire net smelter return royalties on properties located in Timmins, Ontario. Details of the transaction: SUMMARY OF ROYALTIES Properties owned by […]

Metalla (OTCMKT:EXCFF, CSE:MTA) Consolidates Canadian Extension Royalties at Hoyle Pond

Metalla (OTCMKT:EXCFF, CSE:MTA) Consolidates Canadian Extension Royalties at Hoyle Pond

Metalla (OTCQB:EXCFF, CSE:MTA) Consolidates Canadian Extension Royalties at Hoyle Pond $EXCFF Thursday Metalla Royalty & Streaming Ltd.(CSE:MTA) (OTCQB:EXCFF) (FRANKFURT:X9CP) signed a definitive agreement with Matamec Exploration Inc. to acquire net smelter return “NSR” royalties on mining properties located in Timmins, Ontario. The upfront payment will be, C$500,000 in cash and 2,000,000/shares valued at $0.50 for […]

The Gold Miners Problem, the More They Mine, the Less There Is

The Gold Miners Problem, the More They Mine, the Less There Is

The Gold Miners Problem, the More They Mine, the Less There Is $ABX, $FNV, $SLW, $EXCFF, $CN.MTA There is a problem in the Gold mining business, and even the biggest mining companies cannot escape it. The more Gold they mine, the closer they are to running out. When that happens, companies scramble, do risky deals, […]

Mining Investment Bankers Seeking High Quality Junior Gold & Silver Targets

Mining Investment Bankers Seeking High Quality Junior Gold & Silver Targets

Mining Investment Bankers Seeking High Quality Junior Gold & Silver Targets $GLD,  $SLV,  $CU, $EXCFF Heffernan Capital Management Launches American Gold Mining Ventures Deal-making is starting to flow again in the mining sector, as the big producers return to the hunt after several years. A commodities price downturn sent metal prices falling for at least […]

World’s Top 10 Gold Mining Companies

World’s Top 10 Gold Mining Companies

World’s Top 10 Gold Mining Companies $ABX, $GG, $NEM, $AU, $KGC, $SBGL The price of Gold broke a 3-year losing streak in Y 2016, but the focus of the world’s top Gold mining companies in terms of output continued to be on cost-cutting and divestment which led to a decline in production for most of the sector’s majors. […]

China Setting Out to Consolidate its Gold Mining Industry

China Setting Out to Consolidate its Gold Mining Industry

China Setting Out to Consolidate its Gold Mining Industry $GLD China’s official news agency Xinhua reported this week that the country is set increase annual Gold output to 500 tonnes by the Y 2020 from around 450 tonnes currently. China overtook South Africa as the #1 miner of the precious Yellow metal in Y 2007. […]

Australian Mining Company Unearths Massive Diamond, Shares Soar

Australian Mining Company Unearths Massive Diamond, Shares Soar

Australian Mining Company Unearths Massive Diamond, Shares Soar ASX:LOM Lucapa Diamond Company’s shares are soaring with its recent record-breaking discovery. The Perth-based Australian mining company has just unearthed a massive 404.2 carat Diamond, sending its shares up 32% to $0.425. Based on its weight, the Diamond is estimated to be worth over $800,000. The enormous […]

Exclusive Interview With founding CEO of Metalla Royalty & Streaming, LLC

Exclusive Interview With founding CEO of Metalla Royalty & Streaming, LLC

Exclusive Interview With founding CEO of Metalla Royalty & Streaming, LLC $EXCFF  $GG Tuesday, I sat down with Brett Heath, the founding President/Director of Metalla Royalty & Streaming, LLC (OTCMKT:EXCFF) to discuss the importance and benefits of his new enterprise to the industry, community and stakeholders in the world of precious metals mining, funding and production, […]

A Positive Look at 3 Key Players in Metals & Mining Industries

A Positive Look at 3 Key Players in Metals & Mining Industries

A Positive Look at 3 Key Players in Metals & Mining Industries $CS, $AEM, $SLW, $TECK A new Credit Suisse report takes a positive stance on some Key players in the metal and mining industries. Overall the CS analysts see improving apparent demand trends, accelerating global growth, positive earnings revisions and debt reduction as Key […]

Mining Has Been Banned Near Yellowstone National Park

Mining Has Been Banned Near Yellowstone National Park

Mining Has Been Banned Near Yellowstone National Park The US government has banned new mining claims close to Yellowstone National Park as the Obama Administration steps up efforts to keep the extractive industry out of environmentally sensitive areas before President-elect Donald Trump takes office in January. Temporary ban affects new claims on a 30,000-acres area north of […]

China’s Overseas Direct Investment Continues Gaining Momentum

China’s Overseas Direct Investment Continues Gaining Momentum

China’s Overseas Direct Investment Continues Gaining Momentum China’s outbound direct investment (ODI) is surging despite weak global growth as Chinese companies continue to internationalize their business. Non-financial ODI increased 53.3% Y-Y to reach $145.96 in the January-October frame, surpassing the total for Y 2015 of about $121.4-B, according to the Ministry of Commerce on Thursday. […]

Queensland’s Mineral Exploration Spending Dives

Queensland’s Mineral Exploration Spending Dives

Queensland’s Mineral Exploration Spending Dives The latest exploration statistics from the Australian Bureau of Statistics simply confirm that exploration in Queensland is “on its knees”. For the 4th year running, the annual spending on exploration for minerals in Queensland has declined. Just 4 years ago, Queensland was investing almost AU$250-M each Quarter in mineral exploration. […]

The $50-B Gold Industry Deal Spree Is Extending

The $50-B Gold Industry Deal Spree Is Extending

The $50-B Gold Industry Deal Spree Is Extending $GLD, $ABX, $NEM The $50-B Gold industry deal spree is extending into its 3rd year, even as the rising bullion price makes sealing transactions and valuing mines more difficult. Gold has regained its “shine” as investors seek havens from volatile markets and weak interest rates. While the […]

Bitcoin ‘Mining” Outlook Uncertain

Bitcoin ‘Mining” Outlook Uncertain

Bitcoin ‘Mining” Outlook Uncertain Simpley put, all Bitcoin transactions are recorded on a blockchain, a public, decentralized, permissionless ledger. The transactions are recorded in bundles, called “blocks,” by “miners” who receive a small reward in kind for mining. The process creates new Bitcoins. Miners currently earn 25 Bitcoins per block that is 16.175. The beginning […]

Japanese Buying Physical Gold, Storing it in Switzerland

Japanese Buying Physical Gold, Storing it in Switzerland

Japanese Buying Physical Gold, Storing it in Switzerland Japanese investors are buying Bullion and storing it in Switzerland because of negative interest rates and fears JPY will depreciate as the government grapples with the heaviest public debt burden in the developed world, according reports. The number of buyers jumped 62% in 1-H of Y 2016 […]

New EPA Rules Target Methane Leaks, Flaring & Venting

New EPA Rules Target Methane Leaks, Flaring & Venting

New EPA Rules Target Methane Leaks, Flaring & Venting Following US President Barack Obama’s promise to cut toxic methane leaks at Oil & Gas facilities, the US Environmental Protection Agency (EPA) on Thursday, 12 May announced the US government’s “1st-ever” set of standards to reduce such emissions. The new regulations were criticized by environmentalist critics as not far-reaching enough. The […]