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Mining News

Mine

Fortescue founder to oversee its iron ore business to help drive the company's transition

Kitco News |

(Kitco News) - Iron ore mining giant Fortescue Metals (ASX: FMG) announced Wednesday it will transition to a truly global company and restructure the organization to have both the CEO of Fortescue and the CEO of Fortescue Future Industries reporting directly ...

Mine

Lucapa says 204 carat diamond recovered at Mothae mine in Lesotho

Kitco News |

(Kitco News) - Lucapa Diamond Company (ASX: LOM) yesterday announced the recovery of a 204 carat diamond from the Mothae mine in Lesotho.

Mine

Atico posts higher quarterly net income as its gold and copper production in Colombia up in Q1

Kitco News |

(Kitco News) - Atico Mining (TSX.V: ATY) today announced that in Q1 2022, the company produced 4.7 million lbs of copper, 2,636 oz of gold, and 8,779 oz of silver in Colombia.

Mine

Vale-BHP JV Samarco's financial creditors plan to take over the company

Reuters |

NEW YORK, May 17 (Reuters) - An alternate restructuring plan for Samarco Mineracao SA, a joint venture between Vale SA and BHP Group, proposes that financial creditors take control of the company.

Mine

Indonesia tin miner Timah says Q1 refined tin output down 8%

Reuters |

JAKARTA, May 18 (Reuters) - Indonesia's state controlled tin miner PT Timah in the January-March period produced 4,820 tonnes of refined tin, down 8% from the same period last year.

Live Spot Prices

New York Time | Spot quotes are non-LME prices
Prices in $USD / oz

Gold

May 19, 05:53
Bid/Ask 1826.40 1827.40
Change +9.40 +0.52%
Low/High 1810.70 1829.60

Silver

May 19, 05:53
Bid/Ask 21.50 21.60
Change +0.11 +0.51%
Low/High 21.26 21.62
Prices in $USD / lb

Copper

May 19,05:39
Bid/Ask 4.2211 4.2227
Change +0.0429 +1.03%
Low/High 4.1732 4.2459

Nickel

May 19,05:37
Bid/Ask 11.8230 11.8253
Change -0.0113 -0.10%
Low/High 11.8026 11.9818

Aluminum

May 19,05:39
Bid/Ask 1.3798 1.3807
Change +0.0052 +0.38%
Low/High 1.3728 1.4039

Zinc

May 19,05:39
Bid/Ask 1.6613 1.6624
Change +0.0318 +1.95%
Low/High 1.6289 1.6752

Lead

May 19,05:35
Bid/Ask 0.9358 0.9365
Change +0.0071 +0.77%
Low/High 0.9253 0.9519

Uranium

May 16, 2022
Ux U308 price: 48.50
Change from
Previous Week -5.50

Top 5 Performing Gold Equities

SGN.V 0.08 CAD +60.00%
TSX:SAM 0.28 CAD +21.74%
NAM.V 0.09 CAD +21.43%
OTC:SSYRF 0.28 USD +21.28%
VRR.V 0.28 CAD +16.67%