Australia's Resolute Mining (LSE: RSG; ASX: RSG) is selling its Bibiani gold mine in Ghana to Canada's Asante Gold (TSXV: ASE) for US$90 million in cash. The company will receive an initial US$30 million payment, followed by another US$30 million on or before six months from the transaction close. The final US$30 million will be paid on or before a year from completion, Resolute said. T...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsThe path to decarbonising the mining industrySPONSOREDOver the past 12 months, QPM has posted a 750% share price rise as its plans for a direct nickel processing hub near Town...Read More
Durango Resources' field team are headed to their Discovery project soon to poke around for more good gold discoveries.Read full newsRead More
Magnum Mining & Exploration (ASX:MGU) has begun offtake discussions for its Buena Vista Iron Ore Project with Anglo American.Read full newsRead More
HIGHLIGHTS Continuing excellent safety record with no LTIs recordRead full newsRead More
Canstar Resources (TSXV:ROX,OTCQB:CSRNF) has launched its campaign on the Investing News Network.Read full newsRead More
Triumph Gold Corp. is pleased to announce that it has concluded aRead full newsRead More
The second-largest gold mining company in the world has seen better days with the exception of the global pandemic. Barrick Gold (TSX:ABX)(NYSE:GOLD) continues its rollercoaster ride in 2021 since climbing to $41.09 in the last 52 weeks. As of July 30, 2021, the premier gold stock trades at only $27.16 per share. At this price and a trailing one-year price return of -29.84%, Barrick Gold, an under...Read More
“Growth stock” is an oversimplified term. Many beginner investors start by thinking that there is just one type of growth stock or, more accurately, one type of growth stock experience — i.e., gradual growth over a long period of time. But that’s not the case. Many growth stocks are cyclical; they rise and fall, often unpredictably. Some growth stocks rapidly grow due to a...Read More
Dear Outsider,Just when you thought this pesky little virus had run its course, our keepers in Washington are telling us to mask up again.It turns out yet another strain of the virus, the B.1.621 variant, is spreading across Florida. That's in addition to the Delta variant we've been hearing so much about.We've known from the start that mRNA viruses mutate and there will likely be countless mutati...Read More
The US Dollar Index was at its highest since July 27 and was weighing on London Metal Exchange base-metal prices in the afternoon of Friday August 6, with all metals ending the week below where they were on Monday.The US index touched a week-and-a-half high of 92.84 on Friday afternoon, following the release of positive employment data in the country.There were 943,000 jobs added to the US economy...Read More
An overview of the new energy materials markets and their price moves in the week to Friday August 6.Susan Zou, Yingchi Yang and...Read More
Spot differentials for low-carbon aluminium in Europe were stable during July, but some deals and offers for 2022 supply were reported well above current spot levels.Fastmarkets assessed the aluminium low-carbon differential value-added product (VAP), Europe at $10-15 per tonne Friday August 6, unchanged from the previous assessment on July 2.Offers for 2022 VAPs were reported between $20 and abov...Read More
An overview of the new energy materials markets and their price moves in the week to Friday August 6.Susan Zou, Yingchi Yang and...Read More
Spot buying appetite from Chinese copper smelters remained low in the week to Friday August 6, with standard tonnages being traded in the mid to high $50s per tonne range.Deals for blended cargoes of lower-grade copper concentrate were reported in the low $60s per tonne. Regional power restrictions in China have led to copper smelters bringing forward their maintenance plans which created reduced...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies, Dalila...Read More
Chinese copper smelter Guangxi Nanguo has brought forward its maintenance schedule because the local government has stepped up its measures to restrict power consumption by industrial facilities, Fastmarkets has learnt.The private smelter, which has capacity for 300,000 tonnes per year, will be shut for 45 days across August-September and therefore will not be procuring extra copper raw material o...Read More
An overview of the new energy materials markets and their price moves in the week to Friday August 6.Susan Zou, Yingchi Yang and...Read More
South Africa's power utility Eskom introduced load shedding - or planned rolling blackouts - in 2008 during periods of short supply.Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies, Dalila...Read More