Metals and Mining

Eurasia (EUA) & Rio Tinto: Should you buy these precious metal stocks?

 Eurasia (EUA) & Rio Tinto: Should you buy these precious metal stocks?

Highlights  Rio Tinto’s net cash generated from operating activities was US$13,661 million for H1 2021, representing an increase of 143% year-on-year compared to US$5,628 million in H1 2020. Eurasia’s Rosgeo JV operates nine pl...

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Glencore Hits 52-Week High as Company Restarts Dividend Payment

Glencore Hits 52-Week High as Company Restarts Dividend Payment

Summary Shares of Glencore Plc surged a little more than 4 per cent on Tuesday after the company declared to restart dividend. Barring today’s gain, the stock of Glencore has already advanced over 14 per cent in the present month so far. ...

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De Beers reports its strongest diamond sale in three years

De Beers reports its strongest diamond sale in three years

Summary De Beers has highlighted an increase in its rough diamond sales for the Cycle-1 of 2021. The company has also launched ReSet Forever Love to celebrate the Valentine’s season this year. Diamond miner De B...

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Bacanora Lithium Raises $62 Million For Mexico Project 

Bacanora Lithium Raises $62 Million For Mexico Project 

Summary The Lithium mining company has managed to raise $62 million through equity funding primarily through the placement of shares. Bacanora Lithium placed new ordinary shares to the tune of 101.4 million shares at an offer price of 45 pence ...

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Anglo American (LON: AAL) Reports 95% Recovery in Production During H2 2020

Anglo American (LON: AAL) Reports 95% Recovery in Production During H2 2020

Summary In 2020, blue-chip miner’s production was down in most of the categories, only nickel & copper did well in comparison to the previous year. The production returned to 95 per cent of 2019 levels during the second half of 2020. ...

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ECR Minerals (LON: ECR) Strengthens Financial Position with Major Warrant Exercise

ECR Minerals (LON: ECR) Strengthens Financial Position with Major Warrant Exercise

Summary ECR Minerals had received a notice to exercise warrants over 55,856,391 new ordinary shares. Around 55,356,391 new ordinary shares will be issued at 2 pence per share, and 500,000 at 1.125 pence per share. The company has appointed Nov...

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ECR Minerals’ (LON: ECR) Midas Rig Becomes Operational in Bailieston

ECR Minerals’ (LON: ECR) Midas Rig Becomes Operational in Bailieston

Summary A newly acquired drill rig at the Bailieston project in the Victoria Goldfields, called Midas, is operational now. MGA has created a strategic portfolio of exploration ground in the Victoria Goldfields. The drill location is among the ...

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Rio Tinto reports strong performance in iron ore 

Rio Tinto reports strong performance in iron ore 

Summary Rio Tinto Plc (LON: RIO) reported a strong performance through Pilbara iron ore. A shift in policy is likely to promote domestic investment with the exports continuing to rise alongside the global economic recovery. Rio Tinto...

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Rio Tinto (LON: RIO) Inks Deal with Meridian Energy to Keep Tiwai Point Smelter Operational Till 2024

Rio Tinto (LON: RIO) Inks Deal with Meridian Energy to Keep Tiwai Point Smelter Operational Till 2024

Summary Rio has signed a new agreement with Meridian Energy to keep the Tiwai Point aluminium smelter operational until 31 December 2024. In 2020, the company had expressed its intention to wind down the operations of the NZAS and subsequently ...

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Would Baggy Green JORC drilling results announced by Cobra Resources meet expectations?

Would Baggy Green JORC drilling results announced by Cobra Resources meet expectations?

Summary Cobra Resources Plc had not reported any revenue during H1 FY20. The Baggy Green JORC is currently estimated at 94,000 oz and occurred in the form of two deposits. The Company’s operating loss was slightly improved to negative &p...

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What are the various developments Uru Metals may undergo to start its mining process in South Africa?

What are the various developments Uru Metals may undergo to start its mining process in South Africa?

Uru Metals Limited (LON: URU) is the FTSE AIM All-Share listed metals & mining company having its engagement in development and exploration of minerals present mainly in South Africa and Sweden. The Company is a well-established mining player. ...

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