The US Federal Reserve’s plan to raise interest rates again in 2017 are a danger to gold’s bullion bulls.
Copper futures faced its biggest loss in two weeks as inventories tracked by the London Metal Exchange showed potential for resource shortage.
According to a new report released by private capital tracker Prequin, overall fundraising for natural resources investment decelerated drastically in 2Q17 with 12 unlisted funds securing US$5 billion in investor capital.
Global refined zinc deficit is to widen over the next few years according to research firm BMI.
Clean energy movement is beneficial to the mining industry as the technology requires steel, copper, aluminum, lead, among others.
The Governor of Durango announced the state’s commitment to strengthen mining education by opening Geology departments in universities and a specialized laboratory in the municipality of Santiago Papasquiaro.
The price of the centenario, Mexican gold coin, fell to its lowest level since June 2016 due to the appreciation of the peso against the US dollar and the overall drop in the price of gold internationally.
The institutional investor, UBS Group AG, acquired a US$2.36 million position in Endeavour Silver.
Capstone Mining was given an outperform rating at Scotiabank. The company currently has an average rating of Buy and an average price target of CA$1.57.
Leagold Mining receives approval to rise from the TSX Venture Exchange to the Toronto Stock Exchange.
Tesla is building the world’s largest lithium ion battery in South Australia.