QUESTION: Marty, you laid out gold’s forecast back in October 2018 which has been amazing long-term. While you said if gold would rally after the Pi turning point from a bounce off the downtrend line, then it should rally into the bottom of the ECM. Will you now publish the gold report? I know you have been really busy. But it would be nice to hear from you. Socrates has been bullish since t...Read More
Chinese stainless steel prices declined over the past week because of producer plans to reduce their inventories ahead of the January 24-30 Lunar New Year holiday. Sources told Fastmarkets that the slight decrease in nickel prices also contributed to the lower prices, with the three-month nickel contract on the London Metal Exchange ending 2019 at $14,075-14,100 per tonne on Tuesday Dece...Read More
Tan Viet Quang Co Ltd began construction of a stainless steel plant in central Vietnam's Quang Tri province in late December. The company will invest 1.6 trillion Dong ($69 million) in the project, which will be able...Read More
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) has updated the resource for its Bolivar underground mine in Chihuahua state, Mexico based on 13,698 metres of infill drilling and 41,553 metres of exploration drilling between November 2017 and September 2019.Bolivar's indicated resources now stand at 11.63 million tonnes averaging 0.95% copper, 18.1 grams silver per tonne and 0.24 gram gold, or 1.17% coppe...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) has spent $1.9 million for an 11% stake in Red Pine Exploration (TSXV: RPX) on an undiluted basis and 19.99% on a partially diluted basis.The investment was part of a private placement of flow-through and non-flow through units that Red Pine closed on Dec. 31.The proceeds will be used for exploration on the junior's Wawa gold project, 2 km southeast of the town of...Read More
Since taking the reins at NorZinc (TSX: NZC) in 2018, CEO Don MacDonald admits he has spent more time than he expected on permitting. But with all the major permits now in hand to put the Prairie Creek zinc-lead-silver project into production, he's excited to dig into the technical aspects of the project in 2020."There's a lot of value creation that can be done on this project in the next 12 month...Read More
The mining sector is already behind other industries when it comes to the use of new technologies, but the rate of adoption has risen in the past couple of years. How can we keep the momentum going and even pick up the pace? That's one of the questions a panel of industry experts discussed at the third annual Progressive Mine Forum, organized by The Northern Miner. The panelists at the event, whic...Read More
Batteries hold the key ingredient for transitioning away from fossil fuel dependence, and the next decade could prove transformational.Read full newsRead More
Germany is going forward with its plan to phase out nuclear reactors by 2022 as another nuclear power plant went offline last night...Read full newsRead More
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