Torex Gold Resources (TSX: TXG) has released its multi-year production outlook for the El Limon Guajes (ELG) gold mining complex in Mexico, about 180 km southwest of Mexico City.The mid-range guidance is for 450,000 oz. gold in 2022; 225,000 oz. gold in 2023; and 325,000 oz. in 2024 (excluding Media Luna). ELG is targeted to produce about 450,000 oz. of gold this year.Output will come from ELG's o...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDThe typical investor pitch from a mining industry executive still searching for a route to production relies too heavily on unexplained technical detai...Read More
Fourteen-year-old Ishaan Thakur and his sister, 9-year-old Aanya, spent their summer building a lucrative business mining cryptocurrency.Read full newsRead More
The country sits atop what could be one of the world's largest reserves of various metals and minerals, including not just gold but also platinum, silver, copper, iron, aluminum and uranium.Read full newsRead More
Gold stocks have really soured in recent months, thanks partly to the continued rise of cryptocurrencies, including Bitcoin, Dogecoin, Ethereum, and all the sort, which refuse to go away!Undoubtedly, the crypto asset class has gained a considerable amount of credibility with big-league money managers and Canadian retail investors amid the pandemic. With excess liquidity and so many places to inves...Read More
For most investors, predictable growth stocks are usually the best bet for the long-term growth of their investment portfolio, even if they tend to be slower than more erratic stocks. And since the majority flock to these stocks, they also tend to be more expensive. That’s the natural tradeoff to tying your capital to stock that might pay off only when certain conditions are met. But su...Read More
Some market pundits advised investors to sell in May and go away. Those who followed that advice must have given up large gains, but those who ignored it and kept investing have been a part of a wonderful re-opening rally. Canadian markets have soared almost 20% this year and look to be in great shape for further upside. So, even if you have been out of the markets recently, here are two under-the...Read More
Dear Outsider,I recently found myself in a nice little townhome while I got some life matters figured out. It was a big change of scenery from the large country estate I'd become accustomed to, but after a month or so, I really started to feel more "at home."I could decorate the place as I wished, with bookshelves, musical instruments, and surrealistic paintings that wouldn't have worked at my old...Read More
Three-month aluminium futures on the London Metal Exchange closed at their highest level for a decade on Friday September 3, with the base-metals complex broadly making gains despite jobs data from the United States coming in dramatically lower than expected.The LME aluminium contract closed at $2,727 per tonne on Friday, up by 1.1% from Thursday's close and its highest since May 3, 2011. This cam...Read More
An overview of the new energy materials markets and their price moves in the week to Friday September 3.Susan Zou, Yingchi Yang and...Read More
Chilean copper production in July was close to stability when compared with the corresponding month of 2020, amid increased output from Codelco and a drop reported by Escondida and Collahuasi, the country's copper commission, Cochilco, said on Thursday September 2.Chile produced 465,000 tonnes of copper in July, a slight decrease of 0.02% from 465,100 tonnes a year before but down by 2.58% from 47...Read More
An overview of the new energy materials markets and their price moves in the week to Friday September 3.Susan Zou, Yingchi Yang and...Read More
Key data from Fastmarkets' pricing sessions in Europe, China and the United States on Friday September 3.China The Chinese ferro-silicon market turned bullish following the news that Inner Mongolia may conduct a round of production cuts due to its electricity limits, with many producers holding offers firm. Ningxia's production cuts, intended to meet the energy consumption dual control targets, al...Read More
Adam HamiltonArchivesSep 03, 2021The gold miners' stocks suffered a rough summer, getting hammered lower as collateral damage on gold-futures speculators fearing Fed tightening. That heavy gold-stock selling certainly wreaked havoc, leaving overwhelmingly-bearish sentiment in its wake. But the unloved and deeply-out-of-favor gold stocks are starting to claw back. Their strong fundamentals continue...Read More
"August [was] a dramatic month for commodity prices, with a resurgence in demand fears both inside and outside of China owing to a combination of the Delta variant spread, a typical summer lull, and aRead More
Chilean copper production in July was close to stability when compared with the corresponding month of 2020, amid increased output from Codelco and a drop reported by Escondida and Collahuasi, the country's copper commission, Cochilco, said on Thursday September 2.Chile produced 465,000 tonnes of copper in July, a slight decrease of 0.02% from 465,100 tonnes a year before but down by 2.58% from 47...Read More
Fastmarkets copper concentrate processing charges continued to rise in the week to Friday September 3.Copper smelters were buying a few spot parcels of concentrates, Fastmarkets heard, with transactions for October cargoes heard at $60s per tonne for standard clean concentrates.Miners have put more tonnages onto the spot market for sale. Some Escondida and Toromocho parcels were...Read More
An overview of the new energy materials markets and their price moves in the week to Friday September 3.Susan Zou, Yingchi Yang and...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Dalila Ouerghi and...Read More
Domestic prices for alloy steel scrap in the UK increased in the week to Friday September 3 due to good demand combined with tight supply, sources have told Fastmarkets.UK sellers of alloy scrap have been benefiting from both good domestic demand and strong demand and higher prices in India and the EU. As a result, UK buyers...Read More