Neita consession, Dominican Republic. Image courtesy of Unigold Unigold (TSX: UGD.V) has released the results of 28 holes testing oxide resource potential at its 226-sq.-km Neita concession in the Dominican Republic. The drilling has confirmed oxide mineralization over a strike length of 800 metres and a width of 150 metres, extending down to depths of 20 metres to 30 metres. The oxides appear op...Read More
Credit: Garibaldi Resources. Most recent intercepts from Garibaldi Resources' 63-sq.-km Nickel Mountain project in British Columbia have extended the mineralized limits, connected these zones and suggest potential for near-surface sulphide mineralization.Drill highlights include:2.1 metres of 7.1% nickel and 3.9% copper in hole EL-19-75, within a 90-metre mineralized interval. This intercept expa...Read More
Jan 22, 2020 Guest(s): Chris Taylor CEO, Great Bear Resources Great Bear Resources, a junior explorer with assets in the Red Lake region in Ontario, has seen consecutive double digit stock price growth, and CEO Chris Taylor owes the company's success to not only great people, but also their ability to avoid some common mining mistakes. "We've optioned out projects in the past where I've loved th...Read More
Weekly Reports |Jan 21 2020Utilities are increasingly taking an interest in uranium market developments, but so far the spot price continues to slide further south.-General interest from utilities is rising, with the number of active discussions on the increase-Uranium demand is anticipated to lift later this quarter-Global transitioning towards carbon neutral does not always involve nuclear power...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday January 22.Please click...Read More
Copper premiums were largely flat ahead of the lunar new year holiday in the main consumer territory of China. But premiums did make some small gains in Shanghai and a barrage of stocks begun to hit London Metal Exchange warehouses on Tuesday January 21.US spot copper premiums stable after reaching multi-year highs last weekFresh inflows into Rotterdam fuel supply-demand woes in EuropeShanghai cif...Read More
The three-month copper price on the London Metal Exchange was lower at the close of trading on Wednesday January 22, settling at a six-week low against strong trading volumes, while a 2.3% decline in zinc saw it close below nearby support levels.Copper's underlying price on the LME closed at $6,108 per tonne, down by a further $52 per tonne from Wednesday's closing price of $6,160 per tonne, while...Read More
Dollar Cost Averaging in Mining stocks...worth considerationRead More
The World Health Organisation will decide today whether to declare the outbreak a global health emergency, with the death toll at 17, Reuters reported. The city of Wuhan, where the flu-like outbreak began, has closed its transport networks ahead of the Lunar New Year holiday period when millions have travel plans. Key market futures were mixed. The gold price is similar to this time...Read More
The legislation provides a framework for government to make and update provincial laws and policies consistent with the declaration.Read More
Craig HemkeWe've been monitoring and writing about palladium since the price first broke to new all-time highs in 2018. With the chart now seeming to go parabolic and with misunderstanding and misinformation also at all-time highs it seemed a great time to post this update.Let's start by going back to the beginning. Here are links to four palladium-focused posts written in 2019. If you only rea...Read More
Industrial metals will be impacted more by the Corona Virus in China. Silver can also be impacted. Industrial metals can sell off and test 2019 lows and even fall below 2019's low if China's Corona Virus becomes an epidemic. Too early to comment. A few hundred people getting diseased by the virus is not an epidemic in the world's populous nation. The next three weeks will be crucial. Chinese int...Read More
An overview of the minor metals markets and their latest price moves.Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday January 22.Key driversPrices in the ferro-titanium and titanium scrap markets were steady in the third week of January, a level the markets have maintained since December 18. The number of deals done over the week were down from the week prior, although suppliers are keen to hold their offer prices against an expected increase in de...Read More
Turkish steel producers continued to stay away from the deep-sea scrap market, while simultaneously trying to secure short-sea material for their urgent needs, sources said on Wednesday January 22.Mills have been quiet in the deep-sea markets since the middle of last week when the prices fell sharply.Prices in the deep-sea scrap markets fell by around $15 per tonne late last week, after a ste...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday January 22.Key driversPrices in the ferro-titanium and titanium scrap markets were steady in the third week of January, a level the markets have maintained since December 18. The number of deals done over the week were down from the week prior, although suppliers are keen to hold their offer prices against an expected increase in de...Read More
A summary of Antofagasta's production and sales results for the fourth quarter and full year of 2019, and full-year production guidance for 2020. The company saw its copper output decrease in the fourth quarter against the corresponding period in 2018, amid protests in Chile, a strike at the Antucoya unit, and lower copper content in ores. Activities at mines were normalized and were now in line w...Read More
Broader markets rebounded in Asia on Wednesday January 22, after Tuesday's coronavirus scare, but the metals look fairly limp ahead of the Lunar New Year holiday - especially copper that also saw London Metal Exchange stocks rise by 33% yesterday.Asian equities are firmer led by a 1.2% rise in the Hang Seng.European equities open firmer too - suggesting virus scare may not be a headwind for now.Ba...Read More
Today is Wednesday, January 22, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,558.05. It's down -0.04% from yesterday and...Read More
Today is Wednesday, January 22, 2020, and this is your daily oil stocks roundup. Today we're looking at the valuations of World Fuel Services Corporation (NYSE: INT), Archrock (NYSE: AROC), and CNX Resources Corporation (NYSE: CNX).World Fuel Services Corporation (NYSE: INT)World Fuel Services Corporation (NYSE: INT) is a $2.682 billion company today with a one-year return of 67.04%. Let's look at...Read More