Vedanta Resources' Zinc International unit said it was exploring the feasibility of developing and constructing a smelter to process zinc mined from its flagship Gamsberg project in South Africa.The global mining conglomerate said in February it may accelerate expansion of its African zinc operations to take advantage of a surge in prices of the metal.Zinc prices have rallied to their highest sinc...Read More
Canada's StrikePoint Gold (TSX-V: SKP) (OTCQB: STKXF) said Wednesday it has agreed to buy fellow junior Skeena Resources' (TSX-V: SKE) historic Porter Idaho silver property located near Stewart, in British Columbia's prolific Golden Triangle.As part of the deal, Skeena will receive Cdn$1.75 million in cash plus another Cdn$1.75 million in StrikePoint common shares at a value of Cdn$0.225, based up...Read More
Canada's StrikePoint Gold (TSX-V: SKP) (OTCQB: STKXF) said Wednesday it has agreed to buy fellow junior Skeena Resources' (TSX-V: SKE) historic Porter Idaho silver property located near Stewart, in British Columbia's prolific Golden Triangle.As part of the deal, Skeena will receive Cdn$1.75 million in cash plus another Cdn$1.75 million in StrikePoint common shares at a value of Cdn$0.225, based up...Read More
SHANGHAI, May 2 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke 92 amid upbeat data on the US economy and hovered at 92.4 overnight.Most LME metals fell with stronger US dollar. LME zinc led the decline with a loss of 1.6%, copper lost 0.87% and hit a monthly low at one point.China’s official manufacturing...Read More
SHANGHAI, May 2 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke 92 amid upbeat data on the US economy and hovered at 92.4 overnight.Most LME metals fell with stronger US dollar. LME zinc led the decline with a loss of 1.6%, copper lost 0.87% and hit a monthly low at one point.China’s official manufacturing...Read More
SHANGHAI, May 2 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke 92 amid upbeat data on the US economy and hovered at 92.4 overnight.Most LME metals fell with stronger US dollar. LME zinc led the decline with a loss of 1.6%, copper lost 0.87% and hit a monthly low at one point.China’s official manufacturing...Read More
Mexico raked in $718 million in foreign investment in 2016 - up from $3 million in 2015. And no, we didn't leave out any numbers.Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Tuesday for a third day. The index ended April with a gain of 0.3%. The S&P finished slightly higher after rising 0.3% in April.Apple Inc. (AAPL) shares rose 2.3% ahead of the iPhone maker's earnings to be released after Tuesday's closing bell. Wall Street Overview Stocks were mixed...Read More
SHANGHAI, May 2 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke 92, driven by upbeat data of the US economy and hovered at 92.4 overnight.Most LME metals fell with the stronger US dollar. LME zinc led the declines with a loss of 1.6%, copper lost 0.87% and hit a monthly low at one point.China’s o...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
The latest news and price moves to start the Asian day on Wednesday May 2. Base metals on the London Metal Exchange were split at the close of trading on Tuesday May 1, with copper, zinc and lead ending the day lower due to pressure from a stronger dollar index. Read more in our live futures report.Here are how prices looked at Tuesday's close:Spot zinc concentrate treatment charges...Read More
SHANGHAI, May 2 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke 92, driven by upbeat data of the US economy and hovered at 92.4 overnight.Most LME metals fell with the stronger US dollar. LME zinc led the declines with a loss of 1.6%, copper lost 0.87% and hit a monthly low at one point.China’s o...Read More
* Dollar breaks into positive territory for year* Oil just under $75 a barrel amid Iran deal nerves* Cautious cheer from stocks as Trump extends tariffs exemptions* Pound hurt by softer UK data* Apple results in focus after reports of weak iPhone demand* Gold hits 6-week low, emerging markets knocked by strong dollarBy Marc JonesLONDON, May 1 (Reuters) - The dollar broke into positive territory fo...Read More
The U.S. dollar rose to the highest level of the year Tuesday, as a slump in both the pound and the euro highlighted the Federal Reserve's increasing isolation on rate hikes among major global central banks as growth outside the United States slows and inflation remains puzzlingly tepid despite rising commodity prices. The Fed starts its two-day interest rate meeting later today in Washington, a...Read More
Investing.com - Gold prices fell to fresh two-and-a-half month lows on Tuesday, pressured lower by a stronger dollar ahead of the Federal Reserve’s latest policy decision and the U.S. jobs report later this week.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $9.20 or 0.7% to $1,310.00 a troy ounce by 04:21 AM ET (08:21 AM GMT), the lowest l...Read More
On April 30, SQM announced that Ponce's investment vehicle Pampa Calichera and Japan's Kowa Corporation had terminated an agreement through which the Chilean has exercised power at the minerals company for the past 12 years.Read More
The latest news and price moves to start the Asian day on Wednesday May 2. Base metals on the London Metal Exchange were split at the close of trading on Tuesday May 1, with copper, zinc and lead ending the day lower due to pressure from a stronger dollar index. Read more in our live futures report.Here are how prices looked at Tuesday's close:Spot zinc concentrate treatment charges...Read More
The first quarter uptick in volatility to global markets presents a bullish case for gold markets.Precious metals streaming companies offer investors a quality contrarian investment vehicle to diversify their portfolio.A bullish case for streaming company Sandstorm Gold can be made on the basis of its strong financials, share price below intrinsic value, and qualitative strengths.Sandstorm faces a...Read More
A few days ago Detour Gold released its 1Q 2018 results; in my opinion, they were very decent.Apart from that, the company changed its mine plan for the years 2019 - 2023; as a result, Detour Gold share prices tumbled.In this article I discuss the latest developments at Detour Gold.In my last article on Detour Gold (OTCPK:DRGDF) I was quite optimistic about this company. Although I pointed out tha...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a poor 54-99-141. The TSX Venture Exchange fell eight points to 775 while polished diamond prices were flat. Bruce Counts's Lithoquest Diamonds Inc. (LDI) gained two cents to 53 cents...Read More