"Cora Gold (#CORA) down 5% as it announces that the results of its initial scoping study for its Sanankoro gold project in Southern Mali are expected in early January 2020.https://t.co/kjSs8fYY18"Read full newsRead More
"More good news for #AAU at #Kiziltepe with latest drilling results from #ArzuSouthGold resource estimate expected in Q1 2020, but looks like this will extend the mine's lifehttps://t.co/RZmPonQ4ew"Read full newsRead More
"#KEFI with a ?1.9m placing at 1.25pApparently it will repay all convertible facilities. They've been death to the SP, so perhaps the tide might now turnhttps://t.co/ynT1HZBEnV"Read full newsRead More
"#MTR secures A$7.5m in loan financing, secured against its #Sandfire stock. Company will use the funds to finance the share buyback & participation in the #Cobre IPOPotentially might also cover new investmentshttps://t.co/pLFwpFBAnm"Read full newsRead More
"#KAV completes Phase 1 drilling on the Kalahari Suture Zone. The company is encouraged that this phase has confirmed the viability of its overall exploration strategy, as it hunts for Norilsk-style deposits of mineralisationhttps://t.co/nWnvYnyjyn"Read full newsRead More
"#SRES secures 5 year lease for water rights at the CS Pozzolan-Perlite Project, with options to extend. Another step forward. https://t.co/04j0y8Tt5I"Read full newsRead More
As markets are rolling into the holiday season, Friday saw Canada’s main stock index edge higher. This comes right after news from China about cancelling tariffs, which is scheduled to take effect on Sunday and an agreement on the first phase of a trade deal between US and China. At 09:47 a.m. ET (14:47 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 11.06 points...Read More
Eric Sprott, the Canadian billionaire investor who has made his fortune by investing in gold and junior mining stocks, has been on a buying spree this year. Between May and July 2019, he had invested more than $139 million in 17 gold, silver, and nickel stocks. Gold is an attractive asset during economic slowdown. Here’s a look at Mr. Sprott’s recent investments to help inform your se...Read More
Excerpt from 2018 World Economic Conference with Martin Armstrong & Michael Campbell of "MoneyTalk" Radio. Visit our website armstrongeconomics.com for more.Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to comprehend the global economy and for professionals t...Read More
Maurice Jackson of Proven and Probable discusses future plans with this copper company's senior VP of Operations. Maurice Jackson: Joining us for a conversation is David Swisher, the senior vice president of operations for Nevada Copper Corp. (NCU:TSX; NEVDF:OTC). We're delighted to speak with you on this historic day, as Nevada Copper has just accomplished a watershed moment that now puts the co...Read More
Agreements are for one lease, one option and two sales deals. Quaterra Resources Inc. (QTA:TSX.V; QTRRF:OTCQX) announced in a news release that its subsidiary, Six Mile Mining, signed two agreements for the right to purchase the 678 unpatented mining claims on the Butte Valley prospect in Nevada."With these agreements we have the opportunity to acquire a strategic land position over the Butte Val...Read More
The company will start the work there in either late winter or early spring 2020. Nexus Gold Corp. (NXS:TSX.V; NXXGF:OTCQB) intends to commence a phase 1 drill program in Q1/20 at its McKenzie gold project in Red Lake, Ontario, it announced in a news release.To follow Nexus' completed prospecting efforts at McKenzie, the campaign will include 1,000 meters of diamond drilling in late winter-early...Read More
AM InvestCo, the consortium led by ArcelorMittal, has signed a non-binding agreement with the government-appointed commissioners of Italian plant Ilva, ArcelorMittal said on Friday December 20.The agreement "forms a basis to continue negotiations on a new industrial plan for Ilva, including discussions on a substantial equity investment by a government-controlled entity", the company said.The new...Read More
Brazilian apparent steel consumption dropped by 2.1% year on year in November, as an increase in long-steel demand was not enough to offset a quick decline reported for flat-rolled products, national steelmakers' association Instituto A??o Brasil said on Thursday December 19.Steel consumption totaled 1.72 million tonnes during November, down from 1.76 million tonnes a year before.Flat-steel use wa...Read More
Steel demand in North Africa is projected to grow by around 3% in the coming year to 23.5 million tonnes, delegates were told at Fastmarkets' Middle East Iron & Steel Conference in Dubai on December 9-11.Ramy Saleh, the chief business development officer at Egypt's El Marakby Steel cited gross domestic product and population growth as the main drivers of steel demand in the region, which, accordin...Read More
A string of long-term deals for cobalt hydroxide show that bullish forecasts for cobalt consumption from the electric vehicle (EV) sector are coming into play. Glencore will supply battery manufacturer SK Innovation with up to 30,000 tonnes of cobalt contained in hydroxide over six years, it said last week - a deal worth about $1 billion in today's market. And other deals also point...Read More
If you are a producer or consumer, or are active in the physical markets, then you had better be aware of a new set of regulations that will make it all the more important for you to choose the right logistics partner from next year.The International Maritime Organization (IMO) has ruled that from January 1, 2020, the marine sector will have to reduce sulfur emissions by more than 80% by switching...Read More
Most major aluminium producers agree that tackling the carbon intensity of the smelting process is one of the biggest challenges facing their industry. What they cannot agree on is how to deal with the situation, as a lively panel hosted by Fastmarkets during LME Week at the end of October showed. Aluminium smelting is an energy-intensive business and the market is starting to differentiate b...Read More
"$XLU - XLU Weekly: Buy-Side Breakout From Multi-Week Balance, Price Discovery Higher To Test Key Supply. Read more: https://t.co/BUtcmBQnkW #finance #stocks #stockmarket"Read full newsRead More
AngloGold Ashanti said it expects its Obuasi gold mine in Ghana to produce about...Read full newsRead More