Darryn Quayle, the UK Department for International Trade Infrastructure group's mining specialist, said at the CRU Metals in the Future 2018 conference this week that miners needed to do things differently to get communities on board right from the start of any project, as well as redress what has been done in the past.Read More
Eco Oro said it had invested more than $250 million to develop the project, in the mountains about 400km north-east of the capital Bogota, which contained a measured and indicated resource of 2.21 million ounces of gold at 4.57g/t.Read More
It's very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US central bank policy are the main price drivers for gold.From 1960 to 1980, US recessions were generally inflationary, and the Fed raised rates during that period....Read More
Last year was a great year for copper and zinc producers. Copper price surged by 30% to US$3.27 a pound in 2017, reaching a four-year high. The copper price has gained more than 50% in value since hitting a multi-year low at the beginning of 2016.The rally for zinc has been even more spectacular, ending 2017 at a decade high of US$3,330 a tonne. The zinc price has more than doubled since it hit bo...Read More
It's very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US central bank policy are the main price drivers for gold.From 1960 to 1980, US recessions were generally inflationary, and the Fed raised rates during that period....Read More
Asia needs nuclear energy to meet its economic, energy and environmental goals, but such plans are still in the development phase in the South East region of the continent, Agneta Rising, director general of World Nuclear Association, said today. Addressing delegates at the Sustainable Energy Technology Asia 2018 conference in Bangkok, Thailand, Rising noted that nuclear power generation is growin...Read More
China has completed a "large-scale demonstration project for a new generation of uranium enrichment centrifuges", China National Nuclear Corporation (CNNC) announced yesterday. The new centrifuges have now been put into production at the Hanzhun fuel facility in Shaanxi province.Operators of the demonstration centrifuge project (Image: CNNC)The project was independently researched and developed by...Read More
Base metals prices on the London Metal Exchange closed higher across the board on Wednesday March 21 after the dollar weakened slightly. The three-month copper price staged a recovery back toward the $6,800 per tonne support level. The red metal has come under pressure in recent days following easing supply concerns. Aluminium and nickel price remained rangebound, both closing marginally higher wh...Read More
Major international mining companies active in the Democratic Republic of Congo (DRC) previously supported work on the new mining code by the country's Chamber of Commerce and are unfair to criticize the association, it said. The country's largest foreign miners, including Randgold Resources, AngloGold Ashanti, Glencore plc, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (PTY)...Read More
Comex copper prices bounced back on Wednesday March 21 ahead of the conclusion of the US Federal Reserve meeting with the dollar experiencing a bout of weakness. Copper for May settlement on the Comex division of the New York Mercantile Exchange inched up 0.75 cents or 0.3% to $3.0455 per lb. Yesterday, the contract hit a three-month low. "Today, the Fed concludes its two-day policy meeting which....Read More
Buying from Chinese manganese smelters might slow down but strong market fundamentals will support manganese prices, participants said during a panel discussion at the Asian Ferro-Alloys Conference in Hong Kong on Wednesday March 21.On the supply side, current inventories at the Chinese ports of Tianjin and Qinzhou are around 2.0-2.1 million tonnes, according to Metal Bulletin's assessment on Marc...Read More
BHP (AU:BHP) had a positive day in Australian trade after telling a Global Iron Ore and Steel Forecast conference in Perth that emerging Asia would drive steel demand.Staff reporterMajor project nearing approval21 MARCH 201821/03/2018commentsshareWestern Australia iron ore asset president Edgar Basto said the company's South Flank iron ore project was scheduled to be submitted for board approval m...Read More
Key data from the Wednesday March 21 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al), $ per kg, delivered duty-paid in EuropeTodayPreviousChange to midpoint of rangeMidpoint % change4.655.3-0.075-1Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports Titanium scrap turnings, unprocessed (0.5-2% Sn), $ per lb, cif European ports...Read More
Last year, Blackheath Resources (BHR.V) completed an additional drill hole at the Santa Helena breccia, part of the Borralha tungsten project. This hole was drilled approximately 100 meters south of hole 8A where assay results revealed an interval of 118 meters containing 0.29% WO3.Hole BO17 entered mineralization at a depth of just 5 meters and intersected a wide interval of 157 meters at 0.17% W...Read More
CRU lead, zinc and precious metals research manager Ryan Cochrane presented at the CRU Metals in the Future 2018 conference this week, talking about investment opportunities posed by the four main base metals - nickel, copper, zinc and lead.Staff reporter Ryan Cochrane and CRU see zinc prices continuing their run until the middle of the yearCRU Group21 MARCH 201821/03/2018commentsshare Mining Jour...Read More
Major international mining companies active in the Democratic Republic of Congo (DRC) previously supported work on the new mining code by the country's Chamber of Commerce and are unfair to criticize the association, it said. The country's largest foreign miners, including Randgold Resources, AngloGold Ashanti, Glencore plc, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (PTY)...Read More
Much has been made of the world's vast lithium resources during the slow realisation that the electric-vehicle (EV) story had both a supply and demand side. However, China, the world's largest consumer of lithium, has no plans to ease up on its efforts to lock in supply, regardless of how much is on offer. China's progressive attempt to gain control over its lithium supply21 MARCH 201821/03/20...Read More
Brixton Metals (BBB.V) continues its exploration activities in the Cobalt Camp in Ontario, and has now released the assay results from another six holes drilled at the Hudson Bay project. Hole 06 is the most intriguing hole as it intersected 6.7 meters of approximately 20 ounces of silver per tonne of rock as well as 0.26% copper and 0.57% ZnPb. There was no cobalt present in hole 6 (which is perh...Read More
Ongoing construction of access tunnels at the Ivanhoe Mines Kamoa-Kakula Copper Project's initial high-grade Kansoko Sud mining area in D.R. Congo. Source Ivanhoe Mines Ltd.On March 9, 2018, DRC President Joseph Kabila signed into law a new mining code that raises royalties and taxes on mining operations, while removing a stability clause in the current law that has been protecting miners from cha...Read More
Antibe Therapeutics Inc. (TSXV:ATE) announced positive results from a Phase 2b gastrointestinal (GI) safety study for its lead drug candidateSmallCapPower | March 21, 2018: Antibe Therapeutics Inc. (TSXV:ATE), a biotechnology company focused on pain and regenerative medicine, Tuesday announced positive results from a Phase 2b gastrointestinal (GI) safety study for its lead drug candidate, ATB-346....Read More