Osisko Metals (TSX: OM) has released assay results for four holes completed at the Central zone, around the O53 deposit, within its past-producing Pine Point zinc and lead project in the Northwest Territories.The drill holes, which returned high-grade intercepts from areas outside of the pit-constrained resource model, were designed to determine the vertical extent of the mineralization in the cor...Read More
The U.S. government is taking a US$25 million equity stake in Dublin-based battery metals miner TechMet, as part of a push by President Donald Trump to reduce the country's reliance on supply chains dominated by China.The backing from the US$60 billion U.S. International Development Finance Corporation (DFC) will help TechMet develop a nickel and cobalt mine in Brazil. Both metals are key in the p...Read More
The Dow Jones Industrial Average rose 1.87% to finish the week at 27,682.81 and the S&P 500 Index climbed 1.52% to 3,348.44. Spot gold increased US$37.60 per oz., or 2.02%, to US$1,898.80 per ounce.Shares of Cleveland-Cliffs rose US$1.15 to US$7.03 per share. Cleveland-Cliffs is buying "substantially all" of Luxembourg-based ArcelorMittal's operations in the United States in a US$1.4 billion...Read More
American Pacific permitted to realise $2bn in valueSPONSOREDamerican pacific borate and lithiumPantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesThe consumer is seen to be so far removed from the business of discovery, development and extraction of commod...Read More
The S&P/TSX Composite Index rose 0.83% to 16,199.25 during the Sept. 28-Oct. 2 trading week. The S&P/TSX Global Mining Index increased 0.14% to 96.25, and the S&P/TSX Global Base Metals Index climbed 0.78% to 103.67. Spot gold jumped US$37.60 per oz., or 2.02%, to US$1,898.80 per oz., and the S&P/TSX Global Gold Index rose 0.78% to 361.57. Agnico Eagle Mines rose $1.36 to $105.99 per share. The...Read More
The S&P/TSX Venture Composite Index climbed 1.92% to finish the Sept. 28-Oct. 2 trading week at 708.60. Spot gold rose US$37.60 per oz., or 2.02%, to US$1,898.80 per ounce.New Found Gold jumped 72 ? to $2.68 on results from its first drill hole targeting the Lotto zone at its wholly owned Queensway gold project, 15 km west of Gander, Newfoundland. The company recently started a 100,000 metre drill...Read More
(This October 2 story officially corrects to remove reference to base metals in 10th para to clarify $2 bln investment is across whole company)Read full newsRead More
In times of trouble people still turn to gold. What makes it a safe haven? Largely perceptions, based on its historical mystique.Read full newsRead More
Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.Read full newsRead More
Avrupa Minerals Ltd. is pleased to announce that the Company willRead full newsRead More
The year 2020 is undoubtedly one of the most action-packed years for stocks in decades. Just as the broader markets were unpredictable, legendary investor Warren Buffett also amazed market participants with his atypical moves this year.Warren Buffett and Berkshire HathawayFirst, Buffett has been a net seller this year whereas broader markets have sported one of the epic recoveries of all-times ami...Read More
Oct 06, 2020 Guest(s): JR Rahn Founder, Co-CEO, MindMed The recession and lockdowns around the world have created a huge spike in reported mental health conditions. In the U.S., as a result of unemployment and the quarantines, 40% of adults reported mental health and substance use in June. 11% seriously considered suicide, up from only 4% in 2019, according to the Centers for Disease Control and...Read More
Here are five Fastmarkets stories you might have missed on Tuesday October 6 that are worth another look.Domestic prices for hot-rolled coil in Northern Europe increased day on day on October 6, despite buyers holding back from making new deals, sources told Fastmarkets.Anheuser-Busch InBev (AB InBev), the world's largest brewer, has...Read More
London Metal Exchange three-month base metals prices continued to consolidate at the close on Tuesday October 6, with China's absence during the regional Golden Week holiday being felt, with the complex somewhat directionless as a result.LME futures prices, with the exception of aluminium and nickel, retraced previous gains in the afternoon trading session in anticipation of China's return to the...Read More
The partnership between Anheuser-Busch InBev (AB InBev) and Rio Tinto to create beer cans made from low-carbon aluminium is the inaugural step in a broad-based, long-term journey, executives at the two companies said.The venture will focus initially on the North American market and is a first for the canned beverage industry, according to Hudson Moore, global director, metal, at the global procure...Read More
Here are five Fastmarkets stories you might have missed on Tuesday October 6 that are worth another look.Domestic prices for hot-rolled coil in Northern Europe increased day on day on October 6, despite buyers holding back from making new deals, sources told Fastmarkets.Anheuser-Busch InBev (AB InBev), the world's largest brewer, has...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comOct 6, 2020 Historically, gold tends to do well ahead of US elections and after the Chinese “Golden Week” holiday. Both these events are currently in play. Please click here now. Double-click to enlarge this important weekly gold chart. The low at about $1875 is light suppor...Read More
An overview of the chrome ore and alloy markets and their latest price moves.Europe The market for high-carbon material was stable, with a broad range of prices still being reported, although transaction volumes were relatively low. Many market participants had begun negotiations for long contracts for 2021, with participants reporting...Read More
Meanwhile Tesla is in talks with BHP over nickel supply, Bloomberg reported, as the electric car manufacturer seeks to shore up supply.It follows news of similar talks with Vale after Tesla CEO Elon Musk last month outlined plans for new cells with a high nickel content. Elsewhere, Centerra Gold (TSX:CG) tumbled 15.3% despite saying its remote Kumtor mine was continuing uninterrupted followin...Read More
State and federal bodies had sought the freeze in August as a part-payment to cover damages stemming from the B1 dam collapse in January 2019 which killed 270 people. Vale said the decision took into consideration the miner had "been actively cooperating with the development of the legal proceeding, as well as making efforts and expending financial resources to repair all the damages identifi...Read More