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  • METALS: The week in 10 stories

    6/23/17
    Apparent consumption of finished steel in Latin America was 22.4Mt in the first four months of the year, up 7% when compared with the same period of 2016, regional steel association Alacero reported. The largest increases in steel...

  • Gold, silver seen roughly stable in 2017

    6/21/17
    Gold and silver prices are forecast to remain roughly stable in 2017, according to analysts. Average gold price forecasts are US$1,245/oz, down US$5 on 2016 prices, S&P Global Market Intelligence director Chris Hinde said in a...

  • Gold, silver hit one-month lows

    6/19/17
    Gold and silver hit one-month lows Monday, under pressure from a stronger US dollar and investor selling. The yellow metal fell US$7.25 to US$1,248.15/oz in London, with silver down nine cents at US$16.67/oz. Both metals closed at...

  • Stratex to acquire Brazil-focused Crusader

    6/16/17
    Brazil-focused Crusader Resources has reached a binding agreement with London-listed Stratex International for the latter to acquire the Perth-based company in an all scrip deal. Under the proposed transaction, valued at Aus$54mn (U...

  • Interest rate hike sinks gold

    6/15/17
    Gold sank to a three-week low Thursday in the wake of a US interest rate hike and a rising dollar. The yellow metal ended US$20.95 lower at US$1,254.55/oz in London following the previous day's Federal Open Market Committee (FOMC)...

  • Mexico's gold shipments fall

    6/15/17
    Mexico's gold exports declined in January-April, with silver rising. Gold shipments were worth US$1.452bn, down from US$1.577bn in the same period last year, according to economy ministry data. Silver exports were US$661mn, up from ...

  • Avanco Resources Ltd.

    6/13/17
    Avanco Resources is a Brazilian-focused exploration and development company, incorporated and headquartered in Australia. The company's shareholders are Appian Natural Resources Fund (19.20%), Greenstone Resources Fund (6.69%)...

  • Aguila American Gold Ltd.

    6/11/17
    Aguila American Gold is a Canadian junior exploration company focused on its Angostura gold prospect located in southern Peru's Apurimac department. The property covers around 8,000ha and is comprised of nine exploration...

  • Metals: The week in 10 stories

    6/9/17
    Brazil's steel institute IABr has reaffirmed its support for the policies and reforms being carried out by President Michel Temer (pictured) and highlighted the evolution of economic indicators as evidence that the country is on the...

  • DynaResource, Inc.

    6/9/17
    DynaResource is a US mining company engaged in the acquisition, investigation and development of precious metal properties, and the production of precious metals. Through its 80% owned Mexican subsidiary, DynaResource de México, the...

  • Pan American Silver Corp.

    6/8/17
    Vancouver-based Pan American Silver is engaged in the exploration, acquisition, development and operation of silver mines. The company has seven operating mines in Mexico, Peru, Argentina and Bolivia, including the Quiruvilca and Huaró...