Three-month base metals prices on the London Metal Exchange were for the most part weaker on the morning of Thursday June 21, with the complex down by an average of 0.2%. Nickel, up by 0.3% at $15,000 per tonne, was the exception. Copper was off by 0.3% at $6,797 per tonne.Volume has been high with 10,539 lots traded as at 7.15am London time.This morning's general weakness follows a more divergent...Read More
The World Gold Council, the market development organisation for the gold industry, has today published a consultation paper on its Responsible Gold Mining Principles.These Principles are a new framework that set out clear expectations for investors and downstream users as to what constitutes responsible gold mining. The World Gold Council, working with its Members, the world’s leading gold m...Read More
Emerging-market debt crises are as predictable as spring rain. They happen every 15-20 years, with a few variations and exceptions.In recent decades, the first crisis in this series was the Latin American debt crisis of 1982-85. The combination of inflation and a commodity price boom in the late 1970s had given a huge boost to economies such as Brazil, Argentina, Chile, Mexico and many others, inc...Read More
The supply of homes for sale in the United States is near record lows.This is the hangover from the collapse of the greatest housing bubble in history.The business cycle has prevailed and one extreme has led to another.As intelligent investors, these opportunities are ours to exploit. So today, let’s do just that...Data now shows that the inventory of existing houses for sale has now decline...Read More
East Asia's stainless steel market was relatively steady over the past week due to stagnant demand, with some buyers and sellers waiting on the sidelines for a clearer price trend to emerge.Metal Bulletin's price assessment for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,240-2,300 per tonne cif East Asian ports for the week ended Wednesday June 20, down $10-30 per tonne from a week...Read More
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/CALGARY, June 21, 2018 /CNW/ – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV: PRZ) (OTCQB: PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce amended terms for its recently announced (see press release on May 9, 2018) non-brokered private placement (t...Read More
Key data from the Wednesday June 20 pricing session in Shanghai.Key drivers - Scrap sellers lowered their offer prices due to the ample supply of scrap material sitting at ports in the United States following the temporary shutdown of the North American division of the China National Certification and Inspection Group.- Some buyers were also taking a more cautious approach to procuring...Read More
Birth control pills are the most popular form of contraception in the U.S., used by an estimated 9.7 million women nationwide. But nearly 60 years after "The Pill" first came on the market, scientists still don't understand exactly why oral contraceptives cause a heightened risk for blood clots.Two Colorado School of Mines professors hope to unravel that medical mystery with help from a five-year...Read More
(Bloomberg) - President Donald Trump vowed to open large swaths of lands in Minnesota's remote Superior National Forest to mining, a move that could benefit a copper-nickel mine being pursued by Antofagasta Plc subsidiary Twin Metals Minnesota LLC.Speaking at a rally in Duluth, Minnesota, on Wednesday, Trump said his administration would soon be "taking the first steps" to rescind a move made in t...Read More
LUSAKA, June 21 (Reuters) - Zambia plans to introduce electricity tariffs that reflect the cost of production by the end of this year, a senior government official said on Thursday, a move that could increase costs for economically vital mining firms that currently pay a flat price.In 2015 and 2016, Zambia experienced a critical shortage of electricity of up to 600 megawatts due poor rainfall in a...Read More
Miners laid off, mines closing, losses mounting-a huge headache for President RamaphosaRead full newsRead More
Miners laid off, mines closing, losses mounting-a huge headache for President RamaphosaRead full newsRead More
Justin Meiklem, V.P. of StockhouseIt is late June, and Stockhouse traffic is trending up, suggesting that this will be the 2nd consecutive summer that bucks the usual seasonality trend. Last year we saw a strong summer turn into a record-breaking Q4 -- here are the hottest stocks on site over the ...Read full newsRead More
TORONTO, June 21 (Reuters) - M&G Investment Management, the biggest shareholder in Dalradian Resources Inc, said on Thursday it was supportive of a friendly cash takeover offer for Dalradian from private equity group Orion Mine Finance.The C$1.47 per share offer is fair, Jamie Horvat, director of global equities at M&G, told Reuters. M&G owns 12.8 percent of Dalradian.The transaction also has the...Read More
Miners laid off, mines closing, losses mounting-a huge headache for President RamaphosaRead full newsRead More
On the evening of May 29, the power was out in the two front rooms of Stanley Edgar's Rockwall home, where he lives with his 32-year-old son...Read full newsRead More
On the evening of May 29, the power was out in the two front rooms of Stanley Edgar's Rockwall home, where he lives with his 32-year-old son...Read full newsRead More
As the Rev. Mark Sheard sat in his office overlooking the Macedonia Baptist Church playground, the sounds of laughter poured through a thin wall.Read full newsRead More
Fortune Minerals Limited (TSX:FT; OTCQX:FTMDF) got featured on Resource World Magazine. The article talked about a renewed interest in the company's NICO project after a recent surge in pricing. Read full newsRead More
In another team effort, AngloGold Ashanti is working with Matsa Resources through a MOU. The companies will share both valuable resources and exploration information.Read full newsRead More