The London Bullion Market Association said on Tuesday it had suspended the Ekaterinburg Non-Ferrous Metals Processing Plant from its gold and silver good delivery lists due to "ownership related issues".The refinery in Russia is controlled by Moscow-based conglomerate Renova Group, which along with its key shareholder, billionaire Viktor Vekselberg, was sanctioned by the United States on April 6.T...Read More
Leading mining technology players have urged the big miners to do more to support the growing sector.Kristie Batten* L-R: Paul Lucey, Paul Goiak, Penny Stewart and Ashley Brown on a panel at METSStocks. Photo: METS Ignited16 MAY 201816/05/2018commentsshareKPMG mining strategy national lead and program director of the KPMG Energise accelerator Ashley Brown led a panel session at METSStocks Sydney,...Read More
The technology is proven, the economics compelling, and better safety outcomes guaranteed, but there is no mad rush to the autonomous machines helping to transform mining in Western Australia's Pilbara region, and other parts of the world. The "death of the manual mine" is a long way off, and may never actually happen, delegates at the Future of Mining Sydney conference heard this week.Richard Rob...Read More
A leading mining technology investment advisor says there has never been a better time to invest in the sector.Kristie Batten* The Atrico team, led by Ivan Gustavino (front)16 MAY 201816/05/2018commentsshareAtrico is a corporate advisory firm with a focus on mining technology firms.Co-founder and managing director Ivan Gustavino was a founding shareholder of mining software player Surpac and has b...Read More
Last week index score: 45.85 (updated) This week: 25.90Prospero Silver (TSX-V: PSL) and Fortuna Silver Mines (TSX:FVI) amended their strategic financing agreement and amended the 2018 work program in Mexico.NuLegacy Gold (TSX-V: NUG) began drilling on its Red Hill in the Cortez gold trend of Nevada.Zinc One Resources (TSX-V: Z) announced additional drill results from the Mina Grande Sur zone at it...Read More
Gold's latest pullback, which sees it down by just over 1% for the year to date, has created an opportunity for investors despite a firmer U.S. dollar and increased global economic growth, thereby signaling choppy times ahead for the precious metal. This is because geopolitical and economic risks across the globe remain high. It would only take one frightening incident to push gold higher yet agai...Read More
Kinder Morgan's Trans Mountain Expansion Project. Source: Kinder Morgan.The Canadian government is prepared to back Kinder Morgan Canada's [KML-TSX] stalled Trans Mountain pipeline expansion project by indemnifying the project from any financial loss.Finance Minister Bill Morneau said the offer is open not just to Kinder Morgan, but any company that wants to build the pipeline if Kinder Morgan opt...Read More
Sampling on the Clone property in the Golden Triangle of northwestern British Columbia. Source: Sunvest Minerals Corp.Sunvest Minerals Corp. [SSS-TSXV; SRKZF-OTC] said Wednesday May 16 that it has significantly expanded its tenure position on the Clone Project located near Stewart in the Golden Triangle region of northwestern British Columbia.The company said it has added to its position by stakin...Read More
Skeena's Snip Mine 44 Portal and technical crew. Source: Skeena Resources Ltd.Skeena Resources Ltd. [SKE-TSXV; SKREF-OTC] on Wednesday May 16 released analytical results from the first eight holes of the recently initiated Phase II underground drilling program at the company's 100%-owned Snip Project in British Columbia's Golden Triangle region.Previously owned by Barrick Gold Corp. [ABX-TSX, NYSE...Read More
So, oil prices are going to rise...You know it; I know it.Hell, the entire market knows it at this point.WTI is making its way toward $75 a barrel this week; Brent is teasing $80 a barrel.The market has finally woken up.The pundits are raving about their favorite oil stocks - never mind that all those picks are the same. They grab the biggest, most identifiable names in the sector and laud them as...Read More
May 16, 2018 (Investorideas.com Newswire) Once seen as remote, British Columbia's Golden Triangle has opened up dramatically, with two mines now in production, three new hydro-power facilities, a link to the provincial power grid, and roads throughout the region. Lawrence Roulston, managing director of WestBay Capital Advisors, discusses the changing mining landscape there and profiles a number of...Read More
May 16, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan updates his gold and silver charts.Our proprietary cycle indicator is up.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.The gold sector is on a short-term sell signal. Short-term signals can last for days and weeks, and are m...Read More
Via Sovereignman.comAs if things weren't bad enough for beleaguered Tesla...The company lost $1.1 billion in cash in the last quarter, executives are leaving the company in droves, it's facing production issues with its Model 3 and, as I recently discussed, Elon Musk insulted analysts on the latest earnings call by dismissing their questions - regarding the company's survival - as "boring" and "b...Read More
"Whether the mask is labeled fascism, democracy, or dictatorship of the proletariat, our great adversary remains the apparatus-the bureaucracy, the police, the military. Not the one facing us across the frontier of the battle lines, which is not so much our enemy as our brothers' enemy, but the one that calls itself our protector and makes us its slaves. No matter what the circumstances, the worst...Read More
John Murray founded executive search firm Swann Global 25 years ago and has since built the company into one that prides itself on not only providing human resourcing solutions for miners but on helping leaders to continually think outside the box and move the industry forward.Mining Journal16 MAY 201816/05/2018commentsshareRESOURCEStocks Q&A: Southern Gold's Simon Mitchell...SPONSOREDSout...Read More
Ken Osgood, professor of humanities, arts and social sciences at Colorado School of Mines, was inteviewed by KDVR Fox31 Denver about the 3,500 Facebook ads created or promoted by a Russian internet agency that were recently released by Democrats on the House intelligence committee.Osgood is a specialist on U.S. politics and diplomacy. His research interests include the history of propaganda and in...Read More
May 17, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold discusses movements in the gold and silver markets.A major low in the price of precious metals this way cometh.I remember clearly the first time someone informed me that all markets were manipulated. It was just after my mom told me that the sun rises in the east. When I learned about everything was manipulated, there are no free m...Read More
Via Sovereignman.comAs if things weren't bad enough for beleaguered Tesla...The company lost $1.1 billion in cash in the last quarter, executives are leaving the company in droves, it's facing production issues with its Model 3 and, as I recently discussed, Elon Musk insulted analysts on the latest earnings call by dismissing their questions - regarding the company's survival - as "boring" and "b...Read More
"Whether the mask is labeled fascism, democracy, or dictatorship of the proletariat, our great adversary remains the apparatus-the bureaucracy, the police, the military. Not the one facing us across the frontier of the battle lines, which is not so much our enemy as our brothers' enemy, but the one that calls itself our protector and makes us its slaves. No matter what the circumstances, the worst...Read More