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Metal Miner: Questions abound amid allegations of shady goings-on in the #nickel market

February 11, 2020 / agmetalminer.com

We all love conspiracy stories - who knew what and who was manipulating events behind the scenes? All the metals intelligence you need in one user-friendly platform with unlimited usage - Request a MetalMiner Insights platform demo A recent Telegraph article takes a more balanced approach to review goings-on at the London Metal Exchange (LME)...Read full newsRead More

Glencore, Samsung ink five-year #cobalt supply deal

February 11, 2020 / bit.ly

The South Korean battery manufacturer will receive up to 21,000 tonnes of cobalt, mostly coming from the Katanga mine in DRC.Read full newsRead More

BHP becomes world's top #copper producer

February 11, 2020 / bit.ly

Output at Chile's state-owned producer Codelco dropped sharply in 2019, giving BHP the edge as the globe's number one producer of the metal.Read full newsRead More

RT @ITMPowerPlc: UK firm looks to add green hydrogen to gas network

February 11, 2020 / www.energy-reporters.com

In January ITM Power set up what it claims is the world's largest carbon-free renewable hydrogen production plant in the English county of Yorkshire. The Sheffield-based energy storage firm is already supplying hydrogen, produced with solar and wind power, to the UK's largest natural gas distributor, Cadent, and regional supplier, Northern Gas Networks, in a ...Read full newsRead More

Top Gold Stocks to Watch As Earnings Season Roars On

February 11, 2020 / dlvr.it

Feb 10, 2020 (GoldStocks.com via COMTEX) -- Gold has emerged as one of the most closely-tracked commodities over the past month or so. It's no surprise...Read full newsRead More

RT @yieldgrowth: Check out CEO Penny White's full podcast interview with Raising Cannabis Capital here:

February 11, 2020 / bit.ly

Yield Growth a publicly traded plant-based wellness company, trading on the CSE under symbol BOSS is using their proprietary catalog of technology to produce high quality brands.   Penny White joins Dan Humiston to talk about their brands, their thirteen patentsRead full newsRead More

Monterey Minerals Signs LOI to Acquire the Alicia Project in the Philippines

February 11, 2020 / bit.ly

Monterey Minerals Inc. is pleased to announce that it has signed a non-binding Letter of Intent with Greater Arc Resources Limited.Read full newsRead More

Sirios Signs Agreement with Exploration Dios in Azimut's Elmer Gold Discovery Area

February 11, 2020 / bit.ly

Sirios is pleased to announce the signing of an agreement with Dios Exploration, allowing it to obtain a 90% interest of Dios' Solo gold property.Read full newsRead More

RT @ArianaResources: BBC News - Bank of England gold: Rare look inside the vaults

February 11, 2020 / www.bbc.co.uk

The BBC's Frank Gardner is shown how ?194bn worth of gold bars are stored.Read full newsRead More

Premier Gold increases financing to C$38m

February 12, 2020 / www.mining.com

Cove gold property in Nevada. Credit: Premier Gold Mines. Premier Gold Mines (TSE: PG) has announced an overnight marketed offering of C$38 million, increased from approximately C$33 million previously. The offering, co-led by CIBC Capital Markets and Sprott Capital Partners, will involve the issue of 25.3 million shares at C$1.50 each with the option to issue an additional 3.8 million shares for...Read More

Giga Metals improves Turnagain recoveries

February 12, 2020 / www.mining.com

Aerial view, Turnagain project site. Image from Giga Metals. Giga Metals (TSX: GIGA) announced that, based on ongoing metallurgical testwork, it has obtained significantly improved nickel and cobalt recoveries for samples from the Turnagain deposit in northern British Columbia.Recent tests have shown that separating fast-floating nickel minerals from slower-floating material allows this latter po...Read More

Signs of "The Coming Currency Crisis"

February 08, 2020 / www.outsiderclub.com

Publisher's Note: Mr. James Dines brings his considerable experience to bear on the coming vulnerabilities and inherent flaws of global currencies, especially the U.S. Dollar.As he puts it himself. "please do not turn this page, or allow your eyes to glaze over, because this has crucial significance."Read on for an excerpt from The Dines Letter and to see what he means.Call it like you see it,Nick...Read More

Coronavirus could reduce China's battery storage production by 10% in 2020

February 12, 2020 / www.mining.com

Deadly virus outbreak hammers orange metal. Credit: Health Policy Watch China's battery storage production capacity could reduce by as much as 10% to 237 gigawatt-hour (GWh) in 2020 compared to the pre-coronavirus 2020 forecast, research firm Wood Mackenzie said in a note on Wednesday. Based on operational and announced capacity, this represents more than 26 GWh of production for 2020. More ca...Read More

That gold-silver ratio will widen even more warns analyst

February 10, 2020 / www.kitco.com

Feb 12, 2020 Guest(s): Todd 'Bubba' Horwitz Chief Market Strategist, BubbaTrading.com Gold and silver will both eventually move much higher, but in the short-term, metals will follow their trajectory, meaning gold will move higher and silver will lag, this according to Todd "Bubba" Horwitz of BubbaTrading.com. "Right now, silver is in a short-term downtrend...both gold and silver spiked to highs...Read More

Pretium's production outlook for Brucejack drops, so does stock

February 12, 2020 / www.mining.com

Brucejack gold mine. Credit: Pretium Resources. Pretium Resources (NYSE, TSX: PGV) reported its 2019 results and production outlook for 2020 on Wednesday, revealing that it expects to produce 325,000 to 365,000 oz. gold a year while it mines the Valley of the Kings zone, a significant drop from the 525,000 oz. long-term output rate forecast last year. Pretium said the change in the production out...Read More

Monarch reports $57m in assets for second quarter

February 12, 2020 / www.mining.com

An outcrop at Monarch Gold's Fayolle gold property, 35 km northeast of Rouyn-Noranda, Quebec. Credit: Monarch Gold. Monarch Gold (TSX: MQR) reported on Wednesday total assets of just over C$76 million ($57 million) for the second quarter ended December 31, 2019.The Canadian company said that it undertook several strategic initiatives since the end of 2019 to develop major projects in the mining...Read More

LIVE FUTURES REPORT 12/02: Low liquidity nudges LME copper price up; nickel holds above $13,000

February 13, 2020 / www.metalbulletin.com

The three-month price of copper on the London Metal Exchange edged higher at the close of trading on Wednesday February 12, staying firmly above the $5,700 per tonne support level despite low turnover, while nickel similarly held above nearby support.Copper's outright price on the LME closed at $5,764 per tonne on Wednesday afternoon, falling from an intraday high of $5,783 per tonne but topping T...Read More

GLOBAL TIN WRAP: Premiums flat in all regions for tin ingots, though market players' eye spread of coronavirus

February 13, 2020 / www.metalbulletin.com

Contango has returned to the price of tin, but the spot markets have remained quiet on muted demand and uncertainty about the implications of the outbreak in China of novel coronavirus (2019-nCoV).London Metal Exchange tin price still down from earlier in the year, with coronavirus spreading.Tin imports to China largely halted; premiums flat in Taiwan, too.United States sees modest spot trade over...Read More

GLOBAL NICKEL WRAP: Premiums flat in all regions in subdued conditions

February 13, 2020 / www.metalbulletin.com

Nickel premiums in all regions held steady in the week to Tuesday February 11. European nickel premiums hold in illiquid spot market.  The US nickel briquette premium could rise further, though it was flat this week.  China nickel premiums were unchanged amid spot illiquidity on a closed arbitrage import window. Rotterdam nickel premiums stabilize in illiquid spot market Premiums for a...Read More

US economy expanding: Powell

February 13, 2020 / www.mining-journal.com

US Federal Reserve chairman Jerome Powell told the US Senate yesterday the country's economic expansion was well into its 11th year and the longest on record, appearing resilient to global headwinds but said the bank was closely monitoring the emergence of the coronavirus, which could lead to disruptions in China which could spill over to the rest of the global economy.In London, miners were three...Read More

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