Southern Arc Minerals has negotiated the terms of a non-brokered private placement to raise up to C$1 million through the sale of up to 4.166 million units at a price of C$0.24 per unit. Proceeds of the financing will...
Sentiment towards gold has been so bearish lately that you might think the yellow metal declined by 50% or more during 2015. In fact, it was only down 11% in U.S. dollar terms and gold actually advanced in most...
Metso cutting 44 jobs from minerals division in FinlandMetso is is attempting to streamline its business to drive growth and weather the downturn in the mining industry. Finland-based supplier Metso, which last year decided to put its mining division...
Global stock markets fell Monday as worries over China's economy and instability in the Middle East combined to scare investors. Chinese bourses tumbled 6.9% in their opening session of 2016, its biggest decline on record for the first trading...
Mining projects worth $56 billion to come on stream in PeruMMG’s gigantic Las Bambas mine is the largest China-backed mining projects scheduled to come on stream in Peru next year. Mining projects worth more than $56 billion are expected...
Nathan Tinkler was once Australia's youngest billionaire, but lost it all when coal prices crumbled. (Image from archives) Australian electrician turned mining entrepreneur, Nathan Tinkler, is once again trying to come back to the coal industry after signing a...
Source: Kitco Metals Live Charts. Gold prices were mostly trading in negative territory Wednesday morning in the U.S. amid light volumes and weak oil prices. February delivery on the Comex division of the New York Mercantile Exchange was last...
