"#EUA has submitted its final application for application tenements surrounding the Monchetundra Project, exploring for #gold and PGMshttps://t.co/c2ZgTeDAvs"Read full newsRead More
"REPORT: Shefa Gems- moving towards trial mining and revenue generation'Shefa's focus in coming months will be twofold. As it advances towards trial mining, it will also dedicate energy to building critical marketing partnerships'https://t.co/FDrAPdVb8c#SEFA @shefagems"Read full newsRead More
"#IRR has drilled 8,000m of its planned 13,000m campaign at its Cape Coast #Lithium project in Ghana. New pegmatite zones have been identified https://t.co/6OxZHY2rfD"Read full newsRead More
The price of gold may have struggled this week but nothing could spoil the mood for mining giant Newmont Goldcorp as it announced the arrival of Canada’s most high tech gold mine. Officially opening the Borden Gold Project near Chapleau, Ontario, Newmont Goldcorp President Tom Palmer said: “Electric underground fleet will eliminate diesel particulate matter from the undergroun...Read More
Aluminium billet premiums in Europe and Brazil fell to new lows on Friday September 27, while spot market illiquidity in Asia and the United States left the premium in each of those regions unchanged. European premiums fall to multi-year lowsBrazilian premium dampened by weak demandThai premium extends inactivity to nine monthsUS premium flat for eight weeks; contract talks ongoingPoor demand plag...Read More
A lesser volume of 3,925 tonnes flowed out of global LME warehouses at the same time, while 325 tonnes were freshly cancelled. LME aluminium stocks were 914,725 tonnes on the day.Fresh inflows of aluminium into London Metal Exchange-approved warehouses capped any gains in the light metal's three-month price at the afternoon close of trading on Friday September 27.The LME three-month aluminium pric...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Key data from the pricing sessions in China, Europe and the United States for the week ending Friday September 27. Europe The high carbon ferro-chrome price dropped at the top end of the current range after reports of deals done below that range, although most sources reported quiet business conditions.The market is expected to be relatively quiet ahead of the fourth-quarter European charge and h...Read More
Adam HamiltonArchivesSep 27, 2019 The gold miners' stocks have largely ground sideways in the last couple months, consolidating their big mid-summer gains. That drift is slowly bleeding away greedy sentiment, but this sector remains really overbought. Gold stocks' dominant driver gold is even more overbought, and still facing a massive gold-futures-selling overhang. This makes October, gold stocks...Read More
The federal court in Bel?(C)m, Brazil, has lifted its final embargo on Alunorte's new bauxite residue disposal (DRS2) under a criminal lawsuit, Norwegian aluminium producer Norsk Hydro announced on Thursday September 26.The decision by the federal court to lift the DRS2 embargo under the criminal lawsuit comes after a similar decision on September 20 to lift the DRS2 embargo under a civil lawsuit....Read More
Vale was awarded $1.2 billion plus costs and interest by a London tribunal in April, related to its 2010 ill-fated foray into the storied Simandou iron ore project in Guinea.The London Court of International Arbitration's tribunal had ruled BSGR had defrauded Vale in relation to its investment into 51% of BSGR's Guinea assets.Rio Tinto had discovered Simandou more than 20 years ago and describes i...Read More
An overview of the minor metals markets and their latest price moves.Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 370,39357,94961,489163,585508,730595,467628,168 Change from Prior Reporting Period 28,882-963-3,89357727,32325,56622,467 Traders 22068775253299174 Small Speculators LongShortOpen Interest 63,47730,776658,944 2,3885,48727,954 non reportable...Read More
The gold miners' stocks have largely ground sideways in the last couple months, consolidating their big mid-summer gains. That drift is slowly bleeding away greedy sentiment, but this sector remains really overbought. Gold stocks' dominant driver gold is even more overbought, and still facing a massive gold-futures-selling overhang. This makes October, gold stocks' weakest month seasonally...Read More
By: Ira EpsteinGold daily chart: sideways market. Should gold get under $1,492, this market could get very ugly, very fast. If it doesn't do that then what?Read More
By: Gary SavageThe Odds Are Very High That the Daily Cycle Has ToppedRead More
We've been monitoring Apple shares closely because they look very likely to rise at least 10% above their current $220 price before bulls are spent. AAPL is a powerful engine for the bull market, and a big rally in the stock would all but ensure that the broad averages get dragged higher or at least remain buoyant. The chart shows another reason why it may be premature to bet against the aging...Read More
An overview of the battery raw materials markets and their latest price moves.Read More