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Metals and Mining Precious Metals and Mining

  • "Round tripping to Dubai will come down due to the move," an official with India Bullion and Jewellers Association Ltd said. "Until now, traders only had to pay a lower import tax or no tax at all on gold jewellery and gold coins so long as they re-exported the gold," Commerzbank analyst Carsten Fritsch said in a note. India's gold imports in July nearly doubled from last...

  • BEIJING, Aug 16- China will ban the production and trade of a range of products containing mercury by 2020, including thermometers and blood pressure monitors, and ban primary mercury mining by 2032, as a global pact to cut pollution from the metal comes into effect. China- the world's biggest miner and consumer of mercury- signed the Minamata Convention on...

  • CARACAS, Aug 15- Canadian miner Crystallex is seeking to seize shares in a subsidiary of Venezuelan state oil company PDVSA that owns U.S. refiner Citgo as part of a dispute over Venezuela's 2008 takeover of the Las Cristinas gold mine, according to court filings. Crystallex on Monday asked the U.S. District Court in Delaware to attach shares in Delaware- based PDV...

  • TORONTO, Aug 15- Canada's main stock index fell on Tuesday after an easing of tensions between North Korea and the United States hit the price of bullion, sending shares of gold-mining companies lower. The Toronto Stock Exchange's S&P/TSX composite index closed down 22.07 points, or 0.15 percent, at 15,097.84. Six of the 10 main sectors on the index were lower.

  • Commodities tomorrow:

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

  • MOSCOW, Aug 15- Russia's Norilsk Nickel reported a 3 percent fall in first-half core earnings on Tuesday, missing analysts' forecasts, due to a stronger rouble and a jump in social expenses. The mining giant, known as Nornickel, said "one-off" costs lifted its social expenses to $196 million in the first half from $57 million a year ago. In 2016, some analysts...

  • TORONTO, Aug 15- Canada's main stock index slipped on Tuesday, with gains for financial stocks offset by losses for oil companies as crude prices fell. Precious metals miners also lost ground as the price of gold pulled back on easing geopolitical tensions over North Korea. Suncor Energy Inc slipped 0.4 percent to C $40.68, and Pembina Pipeline Corp fell 0.9...

  • Commodities tomorrow:

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

  • US dollar now becoming a safe haven: ETF Securities

    James Butterfill, head of investment strategy at ETF Securities, speaks about investing in gold and other safe haven assets.

  • VANCOUVER, British Columbia _ Alio Gold Inc. on Thursday reported second-quarter profit of $3.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • VANCOUVER, British Columbia _ Klondex Mines Ltd. on Wednesday reported second-quarter net income of $7.7 million. On a per-share basis, the Vancouver, British Columbia- based company said it had profit of 4 cents. Keywords: Klondex Mines, Earnings Report.

  • TORONTO _ Mountain Province Diamonds Inc. on Wednesday reported second-quarter net income of $5.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Toronto- based company said it had profit of 4 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • VANCOUVER, British Columbia _ Pan American Silver Corp. on Wednesday reported second-quarter profit of $36 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. Pan American Silver shares have risen almost 6 percent since the beginning of the year.

  • TORONTO, Aug 9- With a plump $3.1 billion pile of cash, Newmont Mining Corp is mulling a sweeter dividend to attract a broader shareholder base, a move that makes it an outlier in the still recovering gold sector. The two miners are also wrestling for top valuation, with Newmont's market capitalization of $19.3 billion just behind Barrick's $19.4 billion.

  • *North Korea tensions rattle equity markets. LONDON, Aug 9- Britain's top share index was shaken from its summer lull on Wednesday as geopolitical tensions hit equity markets globally, sending investors into safe-havens such as gold mining stocks, while an earnings update weighed on shares in G4S. Shares in precious metals miners Fresnillo and Randgold...

  • TORONTO, Aug 9- Canada's main stock index slipped in morning trade on Wednesday, as losses among financial shares offset a rally in gold miners as investors sought safety in the precious metal amid rising geopolitical tensions. A sub-index of global gold miners that is dominated by Canada- listed stocks jumped 2 percent as escalating tensions between the...

  • LONDON, Aug 9- Britain's top share index was shaken from its summer lull on Wednesday as geopolitical tensions hit equity markets globally, sending investors into safe-havens such as gold mining stocks, while weak earnings weighed on shares in G4S. Britain's blue chip FTSE 100 index was down 0.6 percent at 7,495.99 points by 0900 GMT, broadly in line with a...

  • MOSCOW, Aug 7- Rescue teams were still searching on Monday for eight workers missing in a flooded underground mine owned by Russian diamond miner Alrosa after one miner was rescued over the weekend. Parts of the "Mir" mine in the remote Yakutia region of eastern Siberia flooded on Friday when water seeped in from an open-cast mine above it. Alrosa chief executive...

  • Tiny fragments of gold could be used in the fight against cancer, according to scientists at the University of Edinburgh.

  • Global economic improvements and a rising middle class in China are creating sustainable demand for copper, says Karl Simich from Sandfire Resources.