New Areva announced today it has been renamed Orano. New Areva comprises Areva's nuclear fuel cycle activities that remained after the spin-off and subsequent sale of its reactor business. New NP - Areva's former reactor business - was renamed Framatome earlier this month. Orano is focused on nuclear materials development and waste management and its activities encompass uranium mining, conversio...Read More
Sweden's Radiation Safety Authority (SSM) today submitted a positive opinion to the government on Svensk K??rnbr??nslehantering AB's (SKB's) application to build a repository for used nuclear fuel, together with a plant to encapsulate the fuel prior to disposal. However, the Land and Environment Court in Stockholm has called for further documentation on the copper capsules in which the fuel will b...Read More
The three-month copper price on the London Metal Exchange plummeted over 2% at the close on Tuesday January 23 after on-warrant stocks hit their highest since October 20, 2017. Copper prices hit their 2018 low at $6,914.50 earlier today following the delivery of 40,000 tonnes of copper into LME warehouses, with the majority of the stock into Busan while 8,100 tonnes was re-warranted across Asian l...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
Bob Moriarty ArchivesJan 23, 2018Niobium is one of those magic metals vital to the manufacture of stainless steel, blades for jet engines, pipelines and superconductor magnets. Most people know little about the metal. Including me. So when the management of Plato Gold (PGC-V) contacted me and wanted to advertise, I had to bone up on the metal. I'd heard of it but I didn’t know much about it....Read More
The point is going up against the rich and powerful is known to be a losing proposition ... for most, but not ALL, of the time, The tide has now turned when it comes to serious sexual harassment issues. The scandal took decades to surface. And, in my opinion, the same is going to be the case for the biggest financial market scandal in US history, that being the wrongful suppression of the gold/sil...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
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comJan 23, 2018The good news for gold keeps flowing, with institutions around the world stepping up to the buy window ever-more frequently. 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...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
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