Approximately two months after releasing a first set of drill results from the Alamos Silver project in Mexico, Minaurum Gold (MGG.V) has now released a second batch of results, of which hole AL17-07 has returned jaw-dropping metal grades.Although the assay results of three holes were published, it's really only hole 7 which was the first ever hole drilled in the Europa-Guadelupe vein system which...Read More
Chrome ore and charge chrome import prices rose in China on Friday January 19 amid tight supply after mills failed to secure sufficient alloy supply for their steel-making needs, while domestic prices rose on New Year stockpiling. Ore and alloy prices continued to propel each other in ChinaFurther price strength predicted amid new round of stockpiling before Lunar New YearJapanese, South Korean p...Read More
Global ferro-vanadium markets experienced sharp gains once again this past week, with supply concerns continuing to support prices....Read More
VMS mineralized diamond drill core from the La Plata Project in Ecuador. Source: Toachi Mining Inc.It was the unusually high grades that initially attracted a group of seasoned Canadian mining executives to the gold-enriched La Plata gold-copper-zinc volcanogenic massive sulphide deposit in Ecuador.Laurence Curtis and colleague Nick Tintor secured an option to earn up to a 75% interest in the La P...Read More
China's monthly refined copper output reached an all-time high of 865,000 tonnes in December 2017, according to data released by the country's National Bureau of Statistics (NBS) on Monday January 22.This brought full-year production for 2017 to 8.89 million tonnes, representing an increase of 7.7% year on year from 8.44 million tonnes previously, NBS data showed.Last month's total was 16.7% highe...Read More
An Aurora Cannabis Inc. (TSX:ACB) merger with Newstrike Resources and CanniMed Therapeutics would create the biggest cannabis company in Canada by market capSmallCapPower | January 23, 2018: Newstrike Resources Ltd. (TSXV:HIP) shares soared nearly 50% on Monday following a Reuters report Friday that Aurora Cannabis Inc. (TSX:ACB) would be willing to acquire Newstrike as a way of convincing the exi...Read More
Click to EnlargeOsisko Mining Inc. [OSK-TSX] on Tuesday said new results suggest that a high grade core is developing at the Lynx 4 Zone at its 100%-owned Windfall Lake gold project located between Val-d'Or and Chibougamau in the Abitibi region of northern Quebec.The company said new results from ongoing drilling suggest that the high-grade core in the Lynx 4 Zone is similar to the Lynx 1 discover...Read More
Click to EnlargeML Gold Corp. [MLG-TSXV; MLGCF-OTC] continues to encounter massive copper sulphides at its recently acquired Stars property, which is located southwest of Houston, British Columbia.The announcement comes almost two week after company said it had intersected 311 metres of veined and variably disseminated copper sulphide mineralization consisting predominantly of chalcopyrite in the...Read More
Turkish steel producers were in negotiations for deep-sea scrap purchases while prices stabilized on Tuesday January 23, Metal Bulletin has learnt.After booking a number of deep-sea cargoes at the end of the last week, Turkish steel mills were expected to book more deals for February and March."The market has stabilized and...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Gold on the MoveSource: Rudi Fronk and Jim Anthony for Streetwise Reports January 23, 2018 (Investorideas.com Newswire) Since bottoming on December 11, 2017, at $1,242, gold has tacked on nearly $100 to its price. Rudi Fronk and Jim Anthony, cofounders of S...Read More
Comex copper prices fell to a one-month low on Tuesday January 23 morning in the US on the back of increased supply.Copper for March settlement on the Comex division of the New York Mercantile Exchange fell 7.05 cents or 2.2% to $3.1380 per lb. Copper on-warrant stock levels on the London Metal Exchange are now at their highest since October 20, 2017, after today's delivery. Over 40,000 tonne...Read More
I won’t pretend that I particularly enjoy impromptu religious sermons in public places. But regardless of my personal feelings, I believe people have the right to free expression, including religion and speech.But live and let live is apparently not the philosophy of New Jersey cops. When they saw two people preaching on the property of the New Jersey Transit system, they had to step in. Th...Read More
Metal Bulletin Research topped the base metals leaderboard in the Apex fourth-quarter 2017 contest, with an accuracy rating of 99.35%. Click on the image below to download the full report. Bunk Muscat's Ajit S Mauskar was second in the base metals table with an accuracy rating of 98.88%, Casper Burgering of ABN Amro was third with 98.66%. SP Angel's John Meyer and Sergey Raevskiy were fourth with...Read More
Base metals prices on the London Metal Exchange are for the most part stronger this morning, Tuesday January 23, with the complex up by an average of 0.3%.Three-month nickel prices ($12,860 per tonne) are up the most with a 0.9% gain, lead prices ($2,625 per tonne) are up by 0.6%, zinc ($3,427 per tonne) and copper prices (7,091 per tonne)are up by 0.2% and 0.3% respectively, while aluminium ($2,2...Read More
Most buyers of flat steel in the United Arab Emirates and in Saudi Arabia preferred to delay their purchasing this week because end-user demand was not strong and they expected discounts, sources told Metal Bulletin on Tuesday January 23.UAEHot-rolled coil (HRC) was offered at $600-605 per tonne cfr from China, and a buyer was bidding $580 per tonne cfr.India offered the product at $605-610 per to...Read More
CloseGain/LossGold $1341.00+$6.40Silver$17.05+$0.04XAU89.91+1.81%HUI202.74+2.57%GDM673.84+1.55%JSE Gold1265.07-3.70USD90.12-0.27Euro122.98+0.38Yen90.79+0.69Oil$64.47+$0.9010-Year2.646%-0.014T-Bond149.3125+0.625Dow26210.81-0.01%Nasdaq7460.29+0.71%S&P2839.13+0.22% The Metals: Gold gained $3.80 to $1338.40 in London before it dropped back to $1331.70 by midmorning in New York, but it then ext...Read More
China's domestic hot-rolled coil retreated on Tuesday January 23 amid weak demand, but mills have raised their offers to the export market on expectations of demand improving locally after the Chinese New Year. Domestic Eastern China (Shanghai): 4,070-4,090 yuan ($635-639) per tonne, down 20-40 yuan per tonne Northern China (Tianjin): 3,930-3,950 yuan per tonne, down 20 yuan per tonne HRC futures...Read More
COLORADO SPRINGS, CO, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American:GORO) (the "Company") today announced the continued expansion of the Arista Mine's Switchback vein system with thirteen additional step-out drill holes. Intercepts include 11.35 meters of 4.19 grams per tonne (g/t) gold, 114 g/t silver and 5.53% zinc; 3.69 meters of 6.82 g/t gold, 225 g/t silver an...Read More
Graceland Updates By Stewart Thomson 1. The good news for gold keeps flowing, with institutions around the world stepping up to the buy window ever-more frequently. 2. They are clearly embracing gold as a key portfolio holding for the long term. The bottom line: institutional respect for gold as a portfolio diversifier has never been stronger than it is right now.3. On that...Read More
President Trump is giving a speech at the globalist den - the Davos conference this week. Rob Kirby from Kirby Analytics tells Silver Doctors Trump's speech will be a "show stopper" that will be the ultimate slap in the face to the globalists.Saturday was the one year anniversary of Trump's inauguration. Kirby gives his review of whether Trump has stuck to his promise of anti-globalist policies. K...Read More