Base metals prices on the London Metal Exchange are down across the board by an average of 0.6% this morning, Wednesday March 28. Losses are bunched together between 0.9% for lead and 0.3% for aluminium, with copper off by 0.7% at $6,613 per tonne.Volume has been average with 7,833 lots traded as of 07:47 am London time. Although prices are lower, most of the metals seem to be trying to consolidat...Read More
K Alex Stewart, founder and chairman of global inspection and analysis organization Alex Stewart International, died peacefully on Monday March 26 at the age of 83.Stewart dedicated his life to metals sampling and assaying, and had 67 years' experience in the sector. He gained extensive experience in all aspects of sampling and assaying by working his way up from basic laboratory duties before gai...Read More
European alloy surcharges for April deliveries of grade-304 cold-rolled (CR) stainless steel sheet have risen amid further increases in nickel costs, making it the third consecutive month with a rise in the surcharge.The April alloy surcharge for 2mm grade-304 CR stainless steel sheet - based on data published by Outokumpu, Acerinox and Aperam - is ?,?1,336-1,407 per tonne ($1,659-1,748). This up...Read More
While it's no surprise that Germany has now issued all permits to Nord Stream 2, other countries along the pipeline route, Denmark in particular, could block the proposed route in its waters on security grounds...Read full newsRead More
Goldman joined the Apple skeptics this morning, warning that iPhone demand expectations for March and June quarters are already weak but early Q1 demand indicatesRead full newsRead More
PARAMARIBO, SURINAME - Only a few years ago during the depths of the mining industry downturn, Iamgold (TSX: IMG; NYSE: IAG) had on its hands with its Rosebel open-pit gold mine in Suriname an aging, high-cost operation that faced closure in 2018, as costs were projected to rise well above the prevailing gold price. But the intermediate gold producer didn't give up on the ailing asset and instead...Read More
Edmonton-based Grizzly Discoveries announced its intentions to purchase the cobalt-copper-silver "Robocop Property," located within the Fort Steele Mining District in southeastern British Columbia.In detail, the property is located east of the company's Greenwood property or approximately 45 kilometres south of the town of Fernie, immediately north of the Canada-US border. Robocop is comprised of...Read More
Barrick Gold's founder and chairman emeritus, Peter Munk, passed away Wednesday, peacefully and surrounded by his family at the age of 90.Munk, an iconic Canadian entrepreneur and philanthropist, was born in Budapest in 1927. When the Nazis invaded Hungary in 1944, he escaped with his family, ultimately arriving in Toronto in 1948 at the age of 20.Even though he didn't have social connections or a...Read More
Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) may soon make a decision about whether or not to restart operations at its La Coipa gold and silver mine in northern Chile, as it expects to receive the remaining permits to resume mining by July.Operations at La Coipa mine, located in Chile's Atacama Region, were halted in 2013, when the targeted orebody run out of riches. But the results of a pre-f...Read More
South African DRDGold approved Wednesday a deal proposed by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) to exchange some its assets for a 38% stake in the mid-tier gold miner.The transaction, valued at R1.3 billion (roughly $110 million at today's rates), also gives Sibanye the option to buy another 12.1% of DRDGold shares - enough to give it control of the firm.The assets the precious metals produc...Read More
Improvement in profitability and outperformance against the industry can be important characteristics in a stock for some investors. Below, I will assess Marlin Gold Mining Ltd's (TSXV:MLN) track record onRead More...Read full newsRead More
Wheaton Precious Metals Inc. (TSX:WPM)(NYSE:WPM) has a unique and exciting business model that allows it to reward investors with relatively low risk and a variable dividend.Read full newsRead More
Momentum Public Relations Blog: March 26 2018 Some of us know a little, some of us know a lot, but most of us haven't got the foggiest notion of what a Bitcoin or a cryptocurrency is. If you follow the news, you will have noted that media coverage is increasing. On Thursday March 15 thRead full newsRead More
Looking for the best gold stocks? These TSX-listed gold companies have seen the biggest year-to-date gains so far in 2018.Read full newsRead More
Stratabound Minerals Corp. (TSXV:SB) ("Stratabound" or "the Company") is pleased to announce that it has closed the first tranche of the non-brokered private placement offering (the "Private Placement") which was first announced on February 20, 2018.Read full newsRead More
Metallis Resources Inc. (TSXV:MTS) ("Metallis" or the "Company") announces that Geotech Ltd. has completed the 2018 airborne versatile time-domain electromagnetic survey ("VTEM Survey") over its Thunder North, Thunder South and King areas within its 100% owned Kirkham Property.Read full newsRead More
Velocity Minerals Ltd. (TSXV:VLC) ("Velocity" or the "Company") announces that it has received additional positive assay results from step-out drilling at East Zone, Rozino gold project, with all 2018 drill holes intersecting gold mineralization.Read full newsRead More
Ely Gold Royalties Inc. (TSXV:ELY,OTC:ELYGF) ('Ely Gold') through its wholly owned subsidiary, Nevada Select Royalty, Inc ('Nevada Select') is pleased to announce that it has entered into a definitive option agreement with Monitor Gold Corporation ('Monitor'), a Nevada corporation and a wholly owned subsidiary corporation of Orla Mining Ltd.Read full newsRead More
Mid-tier gold and copper miner Aura Minerals (TSX:ORA) announced that it is working towards reactivating its Aranzazu and S??o Francisco gold projects in Mexico and Brazil, respectively.During a conference call held to announce its consolidated financial statements for the years ended December 31, 2017 and 2016, President and CEO Rodrigo Barbosa said that besides making efforts to bring the mines...Read More
Adapted from white paper by SAPAccording to Harvard Business Review (HBR 2017), billions of dollars are being invested in blockchain technology, and some of the smartest people on the planet are engaged in understanding how this technology can reinvent organizations and industries. A report from PriceWaterhouse Coopers (PwC 2017) has named blockchain as a 'tech breakthrough megatrend' for CIOs, wh...Read More