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  • Silver slips to one-month low

    4/26/17
    Silver fell to a one-month low Wednesday with gold also suffering on reduced safe-haven demand. Silver ended 25 cents lower at US$17.59/oz in London, its lowest close since March 23, with gold down US$5.95 at US$1,261.85/oz, a 15-da...

  • METALS: The week in 10 stories

    4/21/17
    The week saw positive news for Brazilian steelmaker Usiminas, which reported a profitable Q1 after 10 consecutive quarterly losses. The 108mn-real (US$34.4mn) net profit came despite lower crude steel production, down 7.18% to 737,0...

  • Brazil's Vale sets quarterly output record

    4/20/17
    Brazilian mining giant Vale's iron ore output from its own operations rose 11.2% in 1Q17 to 86.2Mt, a record for a first quarter. Vale said the performance was mostly due to a ramp-up of iron ore projects S11D and Itabiritos. ...

  • Corriente Argentina S.A.

    4/20/17
    Corriente Argentina SA has been an exploration and development subsidiary of First Quantum Minerals Ltd since 2014, when the Canadian company bought Lumina Copper Corp with all its assets. Corriente is engaged in the exploration and...

  • Gold seen rising above US$1,300/oz

    4/18/17
    Gold will push through the US$1,300/oz mark, supported by political uncertainty and a weaker US dollar, according to analysts. The yellow metal hit a five-month high of US$1,284.15/oz on April 13 in London, propelled by safe-haven...

  • IN BRIEF: Honduras' mineral exports rise

    4/17/17
    Honduras' mineral exports were worth US$11.3mn in January, up from US$8.40mn in the same month last year. The main export was gold, at US$9.70mn, up from US$6.80mn on increased volume and prices, according to a central bank report. ...

  • METALS: The week in 10 stories

    4/13/17
    Mineral export figures from across the region dominated the news this week, with Peru reporting a 59.8% increase in mining exports in February to US$2.23bn. Guatemala saw exports mineral fall in February, with lead, precious and...

  • Gold rally continues as dollar weakens

    4/13/17
    Gold and silver continued to rally Thursday, helped by a weaker US dollar. Gold ended US$9.85 higher at US$1,284.15/oz in London, with silver up 25 cents to US$18.56/oz. Both metals are at their highest levels since November. "Th...

  • Mexico's gold, silver exports hit US$1bn

    4/13/17
    Mexico's gold and silver exports topped US$1bn in the first two months of the year. Gold shipments were worth US$730mn, down from US$759mn in the same period 2016, with silver at US$319mn, up from US$271mn, according to economy...

  • Bolivian mineral exports gain on prices

    4/12/17
    Bolivia's mining exports rose 35.8% year-on-year in January-February to US$326mn due to higher metals prices and the restart of one of state mining company Comibol's smelters. Exports of concentrates led by zinc, lead, silver and...

  • Gold surges on safe-haven buying

    4/12/17
    Gold surged to a five-month high Wednesday on safe-haven demand. The metal ended up US$21.40 at US$1,274.30/oz in London, its highest close since November 9. Silver rose 37 cents to US$18.31/oz. "Gold is presumably in...

  • Transamine Trading S.A.

    4/10/17
    Transamine is a global supplier of raw materials with a special focus on trading non-ferrous base metal ores and concentrates. The company also invests in mining properties and provides logistical support and financial alternatives to ...

  • Korea Panama Mining Corp.

    4/10/17
    Korea Panama Mining Corp. (KPMC), a JV between South Korean businesses LS-Nikko Copper Inc. and state-owned Korea Resources Corp. (Kores), is developing the flagship copper-gold Cobre Panama project, in which it has a 20% stake. Cobre ...

  • Guatemala metals exports slip

    4/10/17
    Guatemala's lead and precious metals exports fell in February. The country's lead exports were US$24.3mn, down from US$31.9mn in the same month last year, according to central bank data. Precious and semi-precious metals and...

  • METALS: The week in 10 stories

    4/7/17
    Higher metals prices took center stage this week. Gold and silver hit multi-month highs on Friday following a US missile strike on a Syrian airbase. Both metals closed at their highest points since November. Prices rose after US ...