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Mining News

Mine

A Milestone Iron Ore Transaction Was Completed: No Paper Was Used

Kitco News |

(Kitco News) - "The successful conclusion of this pioneering project brings us one step closer to a future of fully digital cross-border trade."

Mine

Greenland tells Trump it is open for business but not for sale

Reuters |

COPENHAGEN (Reuters) - Greenland on Friday dismissed the notion that it might be up for sale after reports that U.S. President Donald Trump had privately discussed with his advisers the idea of buying the world’s biggest island.

Mine

China's Huayou pulls out of Congo cobalt mine investment after price slump

Reuters |

BEIJING, Aug 16 (Reuters) - China’s biggest cobalt refiner Zhejiang Huayou Cobalt said on Thursday its overseas unit is pulling out a deal to invest $66.3 million in a cobalt mine in the Democratic Republic of Congo (DRC) after prices of the metal slid.

Mine

China court puts Fanya exchange's rare earth stock up for auction

Reuters |

The Chinese court auctioning off inventory formerly held by the now-defunct Fanya Metal Exchange has put two batches of rare earths.

Mine

Indonesia president vows to process more resources onshore

Reuters |

Indonesia should push further to develop a downstream industry to process natural and mineral resources domestically and bolster Southeast Asias largest economy.

Live Spot Prices

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

Gold

August 16, 16:59
Bid/Ask 1512.80 1513.80
Change -10.10 -0.66%
Low/High 1503.00 1522.80

Silver

August 16, 16:59
Bid/Ask 17.07 17.18
Change -0.16 -0.90%
Low/High 16.93 17.35
Prices in $USD / lb

Copper

August 16,14:51
Bid/Ask 2.5849 2.5916
Change -0.0005 -0.02%
Low/High 2.5848 2.5916

Nickel

August 16,14:18
Bid/Ask 7.3194 7.3286
Change -0.0440 -0.60%
Low/High 7.3173 7.3660

Aluminum

August 16,14:51
Bid/Ask 0.7948 0.7969
Change 0.0000 0.00%
Low/High 0.7934 0.7969

Zinc

August 16,14:51
Bid/Ask 1.0239 1.0293
Change +0.0032 +0.32%
Low/High 1.0207 1.0293

Lead

August 16,14:27
Bid/Ask 0.9296 0.9338
Change +0.0036 +0.39%
Low/High 0.9259 0.9338

Uranium

Aug 12, 2019
Ux U308 price: 25.35
Change from
Previous Week +0.00

Top 5 Performing Gold Equities

OS.V 0.06 CAD +10.00%
CBR.V 0.14 CAD +7.69%
LI.V 0.14 CAD +7.41%
CSE:RLG 0.08 CAD +7.14%
TSX:MRO 0.09 CAD +5.88%