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Metals and Mining Precious Metals and Mining

  • BUENOS AIRES, May 29- A strike by one of the labor unions at Barrick Gold Corp's Veladero mine in Argentina, the site of three cyanide solution spills in 18 months, has ended, the company said on Monday. The government of Argentina's San Juan province, where Veladero is located, said earlier this month that it had approved a plan for improving safety following the...

  • BUENOS AIRES, May 29- Barrick Gold Corp said on Monday one of several labor unions at its Veladero mine in Argentina, the site of three cyanide solution spills in 18 months, went on strike on Sunday. The government of Argentina's San Juan province, where Veladero is located, said earlier this month that it had approved a plan for improving safety following the...

  • TORONTO, May 29- Canada's main stock index was barely higher in morning trade on Monday, helped by boosts for several big banks that reported earnings last week and by a gain for plane and train maker Bombardier Inc.. Wheaton Precious Metals Corp fell 1.3 percent to C $27.75 and Goldcorp Inc lost 0.8 percent to C $18.32. BMO Capital upgraded the stock to outperform...

  • BUENOS AIRES, May 29- One of several labor unions at Barrick Gold Corp's Veladero mine in Argentina have gone on strike, the company said in a statement on Monday, adding that it is meeting with union leaders to reach a "timely" resolution to the situation. The government of Argentina's San Juan province, where Veladero is located, said earlier this month that it had...

  • May 29- Barrick Gold Corp said on Monday that workers represented by one of the labor unions at its Veladero mine in Argentina had stopped work on Sunday. The Toronto- based company said it is engaged in talks with the union to resolve the matter and added that it still expects to resume leaching activities at the mine in San Juan province by the second half of June.

  • *North Korea fired what appeared to be a short-range ballistic missile on Monday that landed in the sea off its east coast, South Korea's military said, the latest in a series of missile tests defying world pressure and threats of more sanctions. President Donald Trump attacked the news media and dismissed leaks from the White House as "fake news" on Sunday,...

  • KINSHASA, Congo— A French man and three Congolese men have been released after being kidnapped in March from a Canadian mining company in eastern Congo in March, Congo's government said Sunday. They were among five workers, including a Tanzanian who had been kidnapped from the Namoya gold mine operated by Canadian company Banro Mining Corp. in Salamabila.

  • Output for the quarter from the world's second-biggest gold mining nation after China totaled 71.5 tonnes versus 77.5 tonnes in the previous quarter, according to the survey by Australian mining consultancy Surbiton Associates. "This year heavy rain in Western Australia, which accounts for about three-quarters of Australias gold output, plus the effects...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • *Spot gold may gain further to $1,272/ ounce- technicals. Prime Minister Theresa May said the incident was being treated as a terrorist attack, making it the deadliest militant assault in Britain since four British Muslims killed 52 people in suicide bombings on London's transport system in July 2005. "Right now, precious metals prices are relatively quiet, this...

  • *Spot gold may gain further to $1,272 per ounce- technicals. May 23- Gold was steady on Tuesday with investors staying on the sidelines following an explosion in the English city of Manchester that left at least 19 people dead and over 50 injured. "Right now, precious metals prices are relatively quiet, this despite tragic news coming out of Manchester, England," said...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Tourists watching the bull statue in front of the Stock Exchange on the Bund, Pudong skyline in the distance, Shanghai, China.

    Chaotic trade in Chinese commodity futures is offering new opportunities for international exchanges that are trying to get raw material traders to manage their risks.

  • This heart-shaped diamond just sold for over $13-million dollars

    "Le Legende," a 92-carat heart-shaped diamond, just sold for over $13-million dollars at a Christie's auction in Geneva.

  • TORONTO, May 18- Canada's benchmark stock index fell in a broad retreat early on Thursday, weighed down by mining and energy shares as prices for gold and oil slipped.

  • TORONTO, May 17- Canada's main stock index fell on Wednesday, tracking global market concerns that U.S. The White House's problems worsened on Tuesday when media reported the Republican president had asked Comey in February to end a probe into his former national security adviser, a move that could be seen as obstruction of justice. The White House dismissed the...

  • *Breaks above technical resistance at $1,245. LONDON, May 17- Gold rose to its highest in two weeks as political turmoil and weak economic data in the United States reduced expectations of aggressive interest rate rises this year, pushed down U.S. bond yields and drove the dollar to its lowest in six months. at $1,258.38 an ounce at 1414 GMT, after hitting $1.259 an...

  • TORONTO, May 17- Canada's main stock index fell at the open on Wednesday in broad-based declines led by banks, but losses were tempered by higher gold prices, which bolstered precious metal mining shares. The Toronto Stock Exchange's S&P/TSX composite index shed 76.41 points, or 0.49 percent, to 15,466.92. The only gainers among the index's 10 key sectors were...