Global silico-manganese output rose by 3.3% month on month in September, supported by rising production in Asia and Oceania, Europe, Africa and the Middle East, the latest data from the International Manganese Institute (IMnI) shows. Following a month-on-month rise of 0.6% in August, world supply of silico-manganese grew to around 1.50 million tonnes in September, marking a drop of 8.7% year on ye...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Caroline Bain, chief commodities economist at London-based Capital Economics, told viewers of the China-focused session that China's bounce-back in recent months was already priced in to metalsRead More
In the third quarter, Copper Mountain Mining's (TSX: CMMC) flagship namesake open-pit mine in B.C., 20 km south of Princeton, generated 23.8 million lb. copper-equivalent, at all-in sustaining costs of US$1.43 per lb. copper and all-in costs of US$1.68 per lb. copper.Gil Clausen, the company's president and chief executive, said in a statement that Copper Mountain "posted another strong quarter" a...Read More
VanadiumCorp Resource (TSXV: VRB; US-OTC: APAFF) has released the first resource estimate for the Main zone at its wholly-owned Lac Dore vanadium project in northern Quebec, 27 km east-southeast of Chibougamau."Our first mineral estimate exceeded our expectations and shows that Lac Dore is one of the largest and highest-grade vanadium resources in North America," Adriaan Bakker, VanadiumCorp's pr...Read More
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold (TSX: MQR) that it does not already own for $152 million (US$114 million).The cash and share deal gives Yamana the Wasamac property, which is 100 km from its 50%-owned Canadian Malartic mine, as well as the Camflo mill, al...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootWith so many competing influences it is damnably difficult to predict with any confidence which way the gold price might m...Read More
The Dow Jones Industrial Average slumped 6.47% to finish the week at 26,501.60, and the S&P 500 fell by 5.64% to 3,269.96. Spot gold dropped US$22.70 per oz., or 1.19%, to US$1,878.60 per oz. from the previous week.Shares of Vale fell US74 ? to US$10.57 per share. The company reported that its third-quarter net profit nearly doubled compared with the same period a year ago. Net profit for the th...Read More
The S&P/TSX Composite Index fell 4.44% to 15,580.64 during the Oct. 26-Oct. 30 trading week. The S&P/TSX Global Mining Index declined by 2.52% to 92.89, and the S&P/TSX Global Base Metals Index slumped 3.18% to 103.99. Spot gold dropped US$22.70 per oz., or 1.19%, to US$1,878.60 per oz., and the S&P/TSX Global Gold Index fell by 0.81% to 350.09.Barrick Gold rose 41 ? to $35.62 per share. The compa...Read More
Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More
"Our portfolio is hitting its stride," the mining company's chief executive says.Read full newsRead More
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More
1933 Industries announces that it will close a non-brokered private placement for gross proceeds of CDN$918,720.Read full newsRead More
JM Bullion waited several months to inform customersRead full newsRead More
Northstar Gold Corp. reports the Company has acquired by way of pRead full newsRead More
The best thing about stocks is that you can start investing in it with a very small amount. While returns are not guaranteed in the stock market, a small but consistent investment can fetch you hefty gains in the long term. For instance, a weekly investment of $100 for 20 years can amount to $332,131, even at a modest return of 10% annually. So, if you can invest regularly and commit to stay...Read More
As goes with most technology, it started off as a niche until a big name caught wind of it. It's a common trend. Think about areas like the internet of things, artificial intelligence, and automation. It wasn't long ago that the only people who knew about these things were people who worked with them. Now they are quickly becoming household names - everyday consumer products and we all use at lea...Read More
A summary of base metals premiums from across the globe for the week to Tuesday November 3. Please click...Read More
The London Metal Exchange base metals complex closed up by 1.2% from the previous day's kerb on Tuesday November 3, buoyed by bullish expectations arising from the same day's United States presidential election.Conversely, the US dollar index was trading down by 0.64% around 93.40 during the afternoon session, in anticipation of the poll result, providing a significant tailwind for LME three-month...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comNov 3, 2020 It appears that both gold and stock market investors believe the winner of the US election (held today) will be more money printing and debt. That’s almost certainly true, but what happens if the fed becomes less keen to continue its accommodation? Please click here now....Read More
Chilean copper production was 0.8% lower year on year in September due to lower output from Escondida, the country's copper commission, Cochilco, said on Tuesday November 3. Mined copper content output totaled 479,900 tonnes in September, against 483,800 tonnes a year before, according to Cochilco's data. The country produced 4.26 million tonnes of copper in the January-September period, slightly...Read More