SANTIAGO, May 24 (Reuters) - Chilean miner SQM said on Thursday that it would invest $525 million to boost its lithium production capacity in Chile through 2021 as demand for the key ingredient in electric vehicle batteries continues to surge.SQM , one of the world's largest producers of lithium and fertilizers, said it would be ready to produce as many as 180,000 metric tonnes of lithium in Chile...Read More
Precious metals producer Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) blasted Thursday comments made by the Association of Mineworkers and Construction Union (AMCU) accusing the company of failing to take precautions two avoid injuries at its mines.According to the union, a seismic event on May 22 caused a fall of ground at the company's Ikamva mine, part of Kloof operations, leaving two employees inj...Read More
NEW YORK (Legal Newsline) - Two New York corporations allege a Canadian corporation failed to comply with an arbitrator's award.Read full newsRead More
Gold production doubled in the past 30 years, but few expect that trend to continue, says Mark Fellows, mine supply analyst for Metals Focus.Read full newsRead More
British mining firm Goldplat has warned that it will shed some jobs with a plannedRead full newsRead More
Putting gold and other mined material on equal footing, gold equivalent ounce is a key term used in the mining industry.Read full newsRead More
This particular metric has helped unearth some deep discounts in the mining industry.Read full newsRead More
Canadian junior miner CanAlaska Uranium (TSX-V:CVV) provided Thursday an update on ongoing summer work at the West McArthur uranium project, being carried by partner Cameco Corporation (TSX: CCO; NYSE: CCJ), the world's top listed uranium producer.Work at the asset, located immediately next to Cameco's Fox Lake uranium discovery, has been focused on evaluating the C10 corridor, which is highlight...Read More
The world's largest diamond jewellery retailer, Signet, has become the first chain to join De Beers' pilot of its end-to-end diamond blockchain program called Tracr, aimed at clearing the supply chain of imposters and conflict minerals.Signet will work alongside the Tracr team to ensure the platform meets the needs of the jewellery manufacture and retail sectors, with the partnership initially foc...Read More
The world's largest diamond jewellery retailer, Signet, has become the first chain to join De Beers' pilot of its end-to-end diamond blockchain program called Tracr, aimed at clearing the supply chain of imposters and conflict minerals.Signet will work alongside the Tracr team to ensure the platform meets the needs of the jewellery manufacture and retail sectors, with the partnership initially foc...Read More
I used to be a Toys "R" Us kid.I'm somewhat ashamed to admit that. The place was a complete orgy of mindless consumerism. But, for better or worse, kids today won't even have the option anymore. Toys "R" Us has declared bankruptcy. The iconic toy store chain will be shutting its stores for good after a liquidation sale.What fate will befall Geoffrey the giraffe remains to be seen...I grew up with...Read More
Rising energy prices and collapsing emerging currencies are two developments that are not receiving much attention in the mainstream propaganda narrative. But either development which could end up "pulling the rug" out from underneath the markets.I pieced together the graphic to the right from an article on Zerohedge about the developing currency and debt crisis in emerging markets and, specifical...Read More
The Phase 1 pilot plant at the Goldsource Eagle Mountain gold project in Guyana, South America. Source: Goldsource Mines Inc.Shares of Goldsource Mines Inc. [GXX-TSXV; GXSFF-OTCBB; G5M-FSE] jumped 50% in early trading Thursday May 24 after the junior announced details of a new discovery and further positive results from its ongoing saprolite exploration program at its 100%-owned Eagle Mountain Pro...Read More
Drilling at the NRG Metals Hombre Muerto North lithium project in Argentina. Source: NRG Metals Inc.NRG Metals Inc. [NGZ-TSXV: NRGMF-OTCQB; OGPN-FSE] on Thursday May 24 reported consistent high-grade brine intercepts over the first 100 metres of drilling at the Hombre Muerto North lithium project in Argentina.NRG shares advanced on the news, rising 8.93% or $0.025 to 30.5 cents on volume of 1.3 mi...Read More
Fireweed Zinc Macmillan Pass PropertyFIREWEED ZINC LTD. (TSXV: FWZ) is pleased to announce the positive results of an independent Preliminary Economic Assessment ("PEA") for its Macmillan Pass Project (the "Project") in Yukon, Canada. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") by JDS Energy and Mining, Inc. (JDS) wi...Read More
On Monday, I'm going to get my ass kicked.You see, in just four days, I'll be doing a CrossFit workout called "Murph."In the world of CrossFit, "Murph" isn't just a workout. It's an event, and it's something we do to honor Navy Lieutenant Michael Murphy, who was killed in action in Afghanistan in 2005.The workout is as follows:1-mile run100 pull-ups200 push-ups300 air squatsAnother 1-mile runAnd i...Read More
May 24, 2018 (Investorideas.com Newswire) Peter Epstein of Epstein Research makes the case for a South American copper project with what he views as excellent mineralization that is open at depth and in all directions.On April 20, Centenera Mining Corp. (CT:TSX.V; CTMIF:OTCQX) reported a strong partial drill hole result at its Esperanza copper-gold porphyry project in San Juan Province, Argentina....Read More
"When the rivers and air are polluted, when families and nations are at war, when homeless wanderers fill the highways, these are the traditional signs of a dark age."- Pema Chodron, When Things Fall Apart: Heart Advice for Difficult TimesThose coming of age today will face some of the greatest obstacles ever encountered by young people.They will find themselves overtaxed, burdened with excessive...Read More
May 24, 2018 (Investorideas.com Newswire) CIBC reported on this Canadian company's latest business deal.In a May 17 research report, CIBC analyst David Haughton noted that Centerra Gold Inc. (CG:TSX; CADGF:OTCPK) agreed to divest of noncore assets for $200 million to Triple Flag Mining Finance Bermuda. These assets, which Centerra had acquired from AuRico Metals late last year, include AuRico's ro...Read More
A Truism that is Demonstrably TrueMost people are probably aware of the adage "sell in May and go away". This popular seasonal Wall Street truism implies that the market's performance is far worse in the six summer months than in the six winter months. Numerous studies have been undertaken in this context particularly with respect to US stock markets, and they confirm that the stock market on av...Read More