Mining News Pro - Americas Silver Corp.`s stock was up over 23% Thursday, after announcing that Sandstorm Gold Royalties is making a $42.5 million investment in the company to fund the restart of Relief Canyon gold mine, 160 km northeast of Reno. The investment includes a $25 million gold stream and royalty on the Relief Canyon mine when it reopens, a $10 million convertible debenture, and a $7.5 million equity subscription.
Mining News Pro - Financing for global mining and exploration lost momentum in 2018 with equity markets in particular shunning the metals and minerals sector according to a report released on the eve of mining`s biggest annual gathering in Toronto, Canada.
Mining News Pro - European lead/zinc explorer Europa Metals has submitted a formal application to be removed from the official list of the ASX and plans to move its main listing from Johannesburg to London.
Mining News Pro - Flinders Mines’ shareholders have submitted proposals to the Takeovers Panel to prevent the company’s attempted delisting from the Australian Securities Exchange (ASX).
Mining News Pro - After a hiatus of more than two years, China is adding to its gold reserves again.
Mining News Pro - Gold is closing out 2018 with a flourish. Prices are poised for the biggest monthly gain in almost two years as concerns about next year’s economic outlook, volatility in global equities and a government shutdown in the U.S. spur demand for the metal as a haven.
Mining News Pro - Gold has gained 1.6 pct so far this week.
Mining News Pro - Copper hits three month lows as global growth slows.
Mining News Pro - Stocks suffer as Fed heightens recession fears
Mining News Pro - Industrial metals came under renewed pressure on Tuesday after a defiant speech from China`s president Xi Jinping diminished hopes of an early settlement in the top commodity importer’s intensifying trade dispute with the US.
Mining News Pro - On Thursday, platinum futures dipped below $800 an ounce as the metal slides back to near 15-year lows first reached in August.
Mining News Pro - BHP Group may be heading for another clash with investors as the world’s biggest miner gets closer to a decision on whether to build, sell or mothball its $20-billion potash project.
Mining News Pro - The resource estimate of its Chvaletice manganese project, in the Czech Republic, confirming 98.3% as measured resources.
Mining News Pro - Oil held its biggest loss in two weeks as uncertainty over how the OPEC + coalition will implement its output cuts and the prospect of surging US supplies kept investors wary.
Mining News Pro - Mining and mining companies account for about a quarter of Tehran`s stock exchange.
Mining News Pro - Today, 61,538 tons of vacuum batons, slush waxes, bitumen, sulfur, polymer materials and chemicals are also available in the oil and petrochemicals hall.
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Mining News Pro - SEBI regulated online commodity derivative exchange Indian Commodity Exchange Limited (ICEX) on 28th Aug`18 launched steel long futures contract on its nationwide trading platform.
Mining News Pro - otswana Stock Exchange-listed Minergy aims to commission its Masama coal mine, in Botswana, in January, and to start producing coal within a month thereafter.
Mining News Pro - U.S. stocks and emerging market currencies rebounded on Thursday after China said it will hold trade talks with the United States later in August and Turkey’s lira continued its recovery.
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