Silver Spruce Resources Inc. is pleased to announce the signing of the Definitive Option and Purchase Agreement on the Melchett Lake Zn-Au-Ag project.Read full newsRead More
"Deer Horn Announces Agency Agreement, Non-Brokered Private Placement and Debt Settlement Transactions https://t.co/GReFgO6puE #ResourceNews $DHC"Read full newsRead More
"96 Percent CU Recovery in Column Bioleach Amenability Tests Performed on Haib Copper Mineralized Material from Namibia https://t.co/APtkakwLLT @deepsouthres #ResourceNews #Gold #Copper $DSM"Read full newsRead More
Tuesday saw Thor Mining (LSE:THR) rise after revealing positive drilling results at its part-owned Kapunda in-situ recovery (ISR) copper project in South A...Read full newsRead More
Tuesday saw Thor Mining (LSE:THR) rise after revealing positive drilling results at its part-owned Kapunda in-situ recovery (ISR) copper project in South A...Read full newsRead More
"Rockfire Resources (#ROCK) currently up by more than 100pc after drilling at its Plateau asset in Australia returns results indicative of a large-scale gold deposit.https://t.co/w3nVW5VI6x"Read full newsRead More
To say that the U.S. has a strained relationship with China would be the understatement of the century. You have the trade war. You have the tensions in the South China Sea. You have the accusations of corporate espionage. You have the continued treatment of the Uyghur muslims. Most recently, you have accusations of meddling in the ongoing crisis in Hong Kong. Earlier this week, the United State...Read More
Weekly Reports |Nov 26 2019Despite caution surrounding Iran sanctions waivers, and other ongoing uncertainties, the spot uranium price last week reached US$26.00/lb for the first time in eight months.-Spot uranium hits eight-month high-One waiver on Iranian sanctions terminated-Buying continues unabatedBy Greg PeelLate last month the White House extended for ninety days waivers on Iranian sanction...Read More
The three-month nickel price on the London Metal Exchange was lower at the close of trading on Wednesday November 27, falling by a little more than 1% on thin turnover, while strength in the US economy did little to boost risk-off sentiment toward the base metals complex.Nickel's underlying price on the LME closed at $14,380 per tonne on Wednesday afternoon, falling from an intraday high of $14,57...Read More
Premiums have fallen in the United States over the past week on a year-end push for sales while rates in China are mixed and those in Europe are flat. US starts holiday season with briquette sell-offShanghai bonded-zone full-cathode premium declinesLittle spot trade in Europe so assessments unchangedDownturn for US premiums Nickel reversed lower in the US largely because an aggressively low, overs...Read More
Shifting London Metal Exchange zinc and lead prices have dictated premiums this past week, overriding fundamental shortages from key suppliers. The LME zinc contract's backwardated forward curve has led to lowball offers from merchants in Italy, while a declining lead price has prompted buyers to come into the market in Southeast Asia for lead in the week to Tuesday November 26. Italy zinc pr...Read More
Bob Moriarty ArchivesNov 28, 2019In what many saw as a children’s book, The Wonderful Wizard of Oz, the author,L. Frank Baum actually was writing a political allegory.After passage of theCoinage Act of 1873the US mint was no longer required to process silver delivered to it into silver coins. Since vast amounts of silver had been discovered in the west starting with the Comstock Lode, unlimi...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday November 27 that are worth another look.Brazilian steelmaker Gerdau has agreed to buy 96.4% of Sider??rgica Latino-Americana (Silat) shares from Spanish group Hierros A????n for $110.8 million, in a shift from its divestment strategy of the past four years.Shifting London Metal Exchange zinc and lead prices have dictated premi...Read More
Speaking in London this week, Resource Capital Funds' Ross Bhappu, LinQ managing director Clive Donner and Tembo Capital principal David Street said prolonged under-investment in new supply capacity,Read More
The investment is being made in the Western Turner Syncline phase two mine (WTS2), part of the Greater Tom Price operations.The project comprises existing and new deposits, a new crusher and a 13km conveyer.The new conveyor system will help lower greenhouse gas emissions from the mine by 3.5% compared to road haulage.Rio said it was assessing additional options to reduce emissions including renewa...Read More
Bob Moriarty ArchivesNov 27, 2019I called for a pop in the price of White Gold whenI wrote about them two weeks ago. We got it. The shares were $.77 when I wrote and went as high at $.99 in short order.I compared WGO to Great Bear and in my view stated that I thought White Gold was better. Ina release on Tuesday Nov 26ththey seemed to have proved it. The hole showed 72.81 g/t gold over 6.09 meters...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced its financial results for the three months ("Q3 FY19") and nine months ended September 30, 2019 ("YTD").Key Highlights:Revenues for three months ended September 30, 2019 increased 217% to $3,178,495 compared to $1,003,362 for the three months ended September 30, 2018. Revenues for the nine...Read More
An overview of the minor metals markets and their latest price moves.Read More
The impacts felt by the week-long strike resulted in costly disruptions for Canadian mining companies, many of which incurred significant impacts over the past seven days, including lost sales and customers.Given the mining industry is the most significant customer of Canada's Class I railways, consistently accounting for most (52.3% in 2018) of its rail freight revenues generated annually and is...Read More
Jordan Roy-Byrne CMT, MFTAThe precious metals sector remains in a correction. The miners have shown some positive signs but are not ready to move yet because the metals likely have more correction ahead.Technical support levels can provide us with low risk buy opportunities but combine that with sentiment data and we increase our odds of success.One reason why the sector is stuck in a correction...Read More