ASX: DEGwww.degreymining.com.au Mr. Simon Lill reports:West Perth, WA / January 30, 2018 / JMN Wire / De Grey Mining Limited (ASX: DEG) ("De Grey", "DEG", "the Company") is pleased to announce that it has decided to proceed to acquire all the shares in Indee Gold Pty Ltd ("Indee Gold") from Northwest Non-Ferrous Australian Mining Pty Ltd ("NNAM").This decision to proceed with the acquisition of In...Read More
As Otto mentioned (link) the grades 'that should not be mentioned' mined during Q4 at the Valley of the Kings Wangs* was a lot lower than planned - 8.4 g/t vs 15.4 g/t, a 45% difference. *I'm pandering to my Chinese overlordsThe market didn't go yippee!down 35%Fortunately, the Brucejack web-page (link) contains all the answers to those irritating questions about grade, production and so on......Read More
Despite beginning the year in good shape, the global iron ore industry is starting to experience a fresh drop in prices that has analysts trying to decide whether this is the start of a deeper downtrend or a pull-back.According to the Metal Bulletin, the price for benchmark 62% fines slipped Tuesday below $73 per tonne, down $1.36 per tonne month-to-date average.Chinese iron ore futures ticked hi...Read More
Mining giant Rio Tinto's (ASX, LON, NYSE: RIO) driverless trucks fleet has achieved a major milestone as it moved its one-billionth tonne of material in Western Australia's Pilbara region last month, the company said.The figure corresponds to roughly 25% of both ore and waste material hauled last year across the company's five sites in the Pilbara region, including the newly commissioned Silvergra...Read More
Published on: Jan 30, 2018 | by finfeedKairos Minerals (ASX:KAI) has received promising assay results from its recent drilling program at its 100%-owned Roe Hills Project in Western Australia.The key focus of the program was previously defined gold mineralisation areas at Lingering Kiss, Terra and Lady of the Lake. The program consisted of 27 holes for 3,101 metres combined aircore/reverse circula...Read More
In 2011, Morgan Stanley put out a 50-page investment note on Tesla with a price target of $70, up from the price at the time of $23.71.Obviously, it was a good call even if it took two years to play out...The basic logic of the note was that in 1900, there were almost no cars in New York City.And 13 years later, there were almost no horses:It is true that Tesla's stock price has done very well ove...Read More
It is true, the National Security Agency created part of the code for Bitcoin.When you first hear that, it is pretty jarring. It seems like a smoking gun! Case closed, conspiracy theory proven.But the NSA creates a lot of cryptography code. Some of it works and is widely adopted.The piece of the Bitcoin code created by the NSA is a hash function called SHA-256. SHA stands for Secure Hashing Algori...Read More
It is true, the National Security Agency created part of the code for Bitcoin.When you first hear that, it is pretty jarring. It seems like a smoking gun! Case closed, conspiracy theory proven.But the NSA creates a lot of cryptography code. Some of it works and is widely adopted.The piece of the Bitcoin code created by the NSA is a hash function called SHA-256. SHA stands for Secure Hashing Algori...Read More
What's behind the precious metal's recent rise?Read full newsRead More
Canyon Copper Corp. ('Canyon') (TSX-V: CNC) is pleased to present the results of an airborne UAV magnetic survey on the Company's Bootleg Lake project located near Creighton, Saskatchewan, Canada, five kilometres southwest of the city of Flin Flon, Manitoba.Read full newsRead More
Komet Resources Inc. ("Komet" or the "Company") is pleased to announce a gold discovery 4km from the Guiro mine and the development of a new unmined shoot at the mine.Read full newsRead More
CloseGain/LossGold $1342.00-$7.60Silver$17.18-$0.23XAU87.47-3.15%HUI195.77-3.73%GDM663.35-2.82%JSE Gold1300.17-12.92USD89.36+0.26Euro123.83-0.41Yen91.91-0.06Oil$65.56-$0.5810-Year2.691%+0.032T-Bond148.15625-0.59375Dow26439.48-0.67%Nasdaq7466.51-0.52%S&P2853.53-0.67% The Metals: Gold fell $11.70 to $1337.90 in late morning New York trade before it bounced back higher in the next few hours,...Read More
The FOMC meeting and US January nonfarm payrolls will be the key. The US economy will see a rise in consumer spending as bonuses rise due to Trump's tax and trickle down effects. If the Federal Reserve is aggressive then we might just see a March interest rate hike. The US dollar is oversold. Any positive news can result in the US dollar paring most of January's losses and even gain. Bubbles hap...Read More
Krishna Mohan, Jitesh Thakkar, Jiongsheng Zhao, James Vorley, Cedric Chanu and Andre FlotronRead full newsRead More
Mr. Marc Prefontaine reports ORLA ANNOUNCES INCREASE TO BOUGHT DEAL FINANCINGOrla Mining Ltd. has agreed with a syndicate of underwriters led by GMP Securities LP, and including Paradigm Capital Inc., Cormark Securities Inc., TD Securities Inc., Desjardins Securities Inc. and Raymond James Ltd., to increase the size of its previously announced $25.48-million bought deal offering. Pursuant to the u...Read More
Fundamental Research Corp (FRC) has initiated coverage on Chilean Metals Inc. (TSXV:CMX, OTCQB:CMETF, SSE:CMX, MILA:CMX, FRA:IVV1, BER:IVV1), with a BUY rating and a fair value estimate of C$0.30 per share.Read full newsRead More
Last week's other top-gaining mining stocks on the TSX were NextSource Materials, Brio Gold, Atalaya Mining and General Moly.Read full newsRead More
Xiaopeng Motors, a Chinese electric car startup who built a 'Tesla clone', announced that it secured an important 2.2 billion yuan ($348 million) investment round led by two Chinese tec...Read full newsRead More
The two metals face long-term supply constraints as batteries for smartphones and electric vehicles boom.Read full newsRead More