Mining News

Hedge fund positioning shows why gold price rally fizzled
MINING.com - 11 hours ago
By Black Monday, speculators on the gold futures market were well positioned to go bearish on bullion again and stop the momentum of safe haven buyers. The post Hedge fund positioning shows why gold price rally fizzled appeared first on MINING.com.
Spanish police arrest American-Belgian man on ‘blood diamond’ charges
MINING.com - 11 hours ago
The 64-year-old American-Belgian citizen has become the first businessman ever arrested for suspected involvement in the illegal trade of “blood” diamonds. The post Spanish police arrest American-Belgian man on ‘blood diamond’ charges appeared first on MINING.com.
U.S. Rare Earth Minerals calling supply deal with Tesla Motors a ‘bluff’
MINING.com - 14 hours ago
The firm noted it is not currently engaged in the specific mining and sale of lithium and that has "no agreements of any kind" with Tesla Motors. The post U.S. Rare Earth Minerals calling supply deal with Tesla Motors a ‘bluff’ appeared first on MINING.com.
China’s Zijin hands $298 million to partner Barrick Gold
MINING.com - 16 hours ago
The cash injection comes from selling half of its interest in the Porgera mining operation to the Chinese group last May. The post China’s Zijin hands $298 million to partner Barrick Gold appeared first on MINING.com.
Fire damages Canadian Syncrude equipment, forces firm to halt production
MINING.com - 16 hours ago
The incident adds to the firm's mounting challenges, including swinging to a loss, growing debt, unplanned equipment outages and Moody’s Investors Service recent cut of the company's credit rating. The post Fire damages Canadian Syncrude equipment, forces firm to halt production appeared first on MI
Tesla begins Gigafactory sourcing with lithium supply deal
MINING.com - 3 days ago
London-based Bacanora Minerals and Rare Earth Minerals have received the go-ahead to supply lithium hydroxide to Tesla's lithium-ion battery megafactory from its clay deposit in Mexico's north-west should the new project reach production. The post Tesla begins Gigafactory sourcing with lithium supp
Why a Fed rate hike could be a blessing for gold prices: Brien Lundin
MINING.com - 4 days ago
Like a true contrarian, Gold Newsletter publisher Brien Lundin looks beyond the headlines to understand what is really moving precious metals prices. The post Why a Fed rate hike could be a blessing for gold prices: Brien Lundin appeared first on MINING.com.

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