"Ariana Resources (#AAU) reveals prelim prod results for Kiziltepe mine in Turkey for q ended 30 Sept-Gold prod was 6,933oz, exceeding average annualised quarterly guidance by 11pc.-Total ore processed was 55,174ts at average grade of 4.47 g/t gold.https://t.co/HbyOsnaLE8"Read full newsRead More
"Keras Resources (#KRS) up nearly 20pc after receiving notification of a decree from a meeting of the Council of Ministers of the Republic of Togo held on 18 October 2019, permitting large scale mining at the Nayega manganese projecthttps://t.co/81Y5OVs5xJ"Read full newsRead More
"Cora Gold (#CORA) completes metallurgical testwork for Sanankoro gold discovery in Mali to a level suitable for inclusion in a scoping studyIn whole ore leach tests, all the lithological groups reported recoveries ranging from 92.4pc to 96.7pc.https://t.co/VzWeF8Ulmo"Read full newsRead More
"Horizonte Minerals (#HZM) completes $25m royalty transaction with Orion Mine Finance and subsequent drawdown of funds.Orion has provided $25m for a 2.25pc royalty on Araguaia ferronickel project, Brazil.Funding to advance pre-construction work streamshttps://t.co/VBav4uRdny"Read full newsRead More
"Cobra Resources (#COBR) signs agreement for Hagstrom Drilling to prpvide RC drilling services at its Wudinna Gold Project in W. AustraliaDeal will reduce cash cost of drilling, and will also reduce cost risk of proposed exp prog,' says firmhttps://t.co/DXSzWtoqOG"Read full newsRead More
"ValueTheMarkets will host @ArmadaleCapital in a shareholder update webinar on Friday 25 October at 12pm (BST).To join visit https://t.co/VEqd7P3eYQ or phone 44 (20) 7048 4146 and provide participant pin 947223 followed by the # key.#ACP @ValueTheMarkets"Read full newsRead More
Oct 22, 2019 Guest(s): Trey Reik Managing Member, Bristol Gold Group When it comes to gold's price performance, while monetary policy is an important driver, the long-term key force remains the overall debt to gross domestic product (GDP) ratio, this according to Trey Reik, managing member of Bristol Gold Group. "In my view, gold's all about monetary imbalances. If I can reduce the whole gold th...Read More
Come on.You didn't really think he'd Make America Great Again (C), did you?Did he?Does this feel like greatness to you?Running away from Russia, Turkey, and Syria with our tail between our legs?On Wednesday, American forces called in an air strike on their own base to keep it from falling into the hands of the Turkish and Russian armies that have scrambled into the dust cloud left by our abrupt re...Read More
Oct 22, 2019 Guest(s): Doug Groh Portfolio Manager, Tocqueville Several countries around the world, including the UAE, are establishing a federal platform for gold trading, and this may signal an overvaluation of the U.S. dollar, or that countries are moving away from the dollar for gold denomination, says Doug Groh, portfolio manager of Tocqueville. "It really says a lot about the currency. The...Read More
If investors bring proper tactics to the table, gold price reactions can be exhilarating.Please click here now. Double-click to enlarge this GDX daily chart.There's nothing more satisfying than buying a market near a low and selling near a high.The key to doing that is buying near a previous low, either with very small size or with a stoploss just under that low.In the case of GDX, the time is no...Read More
The benchmark London Metal Exchange cash/three-month spread is once more trading in a contango of around $20 per tonne on Tuesday October 22 following a period of deep and sustained backwardation up until yesterday when the spread was in a $108 per tonne backwardation. The LME cash/three-month nickel spread has traded in an intermittent backwardation since January 2019. It slipped into a $39 per t...Read More
Trade unions representing workers for Chile's state-run miner Codelco have called on their members to mobilize in support of protests against the government.Union No1 for Codelco's Chuquicamata has joined Sindicato No1 for BHP's Escondida in backing protestors, whose opposition to inequality in the country has escalated into alleged looting and arson, and to violent confrontations with the militar...Read More
Europe's largest copper producer, Aurubis, has announced its annual copper cathode premium for 2020 at $96 per tonne, unchanged from last year's level, the company confirmed to Fastmarkets on Tuesday October 22. Aurubis spokesperson Malte Blomback confirmed the annual premium to Fastmarkets this afternoon, while market participants also suggested that the company would begin contractual negotiatio...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comOct 22, 2019 If investors bring proper tactics to the table, gold price reactions can be exhilarating. Please click here now. Double-click to enlarge this GDX daily chart. There’s nothing more satisfying than buying a market near a low and selling near a high.The key to doing that is...Read More
The mining and mineral exploration industry welcomed the news on Tuesday, but stressed the need to improve Canada's global competitiveness."It will be important to ensure our sector is a key aspect of federal government policy as providing a competitive investment climate is critical to the success of our industry and the contribution we make to the overall strength of the Canadian economy," Minin...Read More
The Moscow-headquartered firm increased gold production by 10% quarter on quarter and 9% year on year to 753koz. Volumes of ore mined rose by 38% quarter on quarter, driven by intensified mining activities at the Blagodatnoye mine in central Russia and the Natalka mine in Russia's far east."Polyus has had a strong third quarter, setting a new historical high in quarterly total gold output, with 75...Read More
The numbers were, however, 5.2% down year on year, while year-to-date revenues lagged by 1.2%, sliding from $85.5 million in 2018 to $84.1 million this year.Read More
"Dan's appointment is intended to accelerate operational and efficiency improvements at our North American sites, while continuing to enhance the region's safety performance," president and CEO Tom Palmer said.He also thanked White, who had held the role since the company merger in April and was previously Goldcorp's COO, for his service.Janney had previously been a technical consultant in Turkey...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce the addition of two additional revenue-generating Fortune 1000 manufacturing clients based in the United States and acquired through Venzee's previously announced partner engagement sales model. Both clients are marquee name global manufacturers using the Venzee platform for automated and...Read More
Trade unions representing workers for Chile's state-run miner Codelco have called on their members to mobilize in support of protests against the government.Union No1 for Codelco's Chuquicamata has joined Sindicato No1 for BHP's Escondida in backing protestors, whose opposition to inequality in the country has escalated into alleged looting and arson, and to violent confrontations with the militar...Read More