Russian gold producer Arlan plansto have doubled gold output from its mine in 2020, expecting theprice for the precious metal to rise further, the firm'sdirector for development said.Read full newsRead More
Greece's Environment Ministry has appealed a court decision annulling a 1.7-million-euro ($2.06 million) fine it had slapped on mining firm Eldorado Gold.Read full newsRead More
In addition to payment-systems problems, there are the problems of the nationalized money system, which is so loose and confusingRead full newsRead More
Not the place you would think.Read full newsRead More
www.clearcreekdigital.com | Trevor Hall and Nick the Mining Book Guy discuss the opportunity spaces for junior resource companies to engage and communicate with younger investors. Nick provides a great backdrop to his approach to investment decisions and where he thinks companies might really iRead full newsRead More
China's Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative.Read full newsRead More
Bob Moriarty ArchivesJan 15, 2018The "Everything Bubble" is bursting. This is going to get ugly.I suspect it began with the top in Bitcon and the other 1300-1400 related pseudo currencies back in December. I did an interview in the first week of December where I said Bitcon was in a bubble. I believed it would do the same thing every other bubble in history did. It was going to crash and take all...Read More
Price trends in the global billet market diverged in the week ended Friday January 12 because of a number of factors.In the Asian market the mood turned bearish, following the return of Chinese suppliers to the export market. But sentiment in the Middle East and CIS regions remained largely optimistic, supported by an increase in scrap import prices as well as demand in some member-states of the G...Read More
Price trends in the global billet market diverged in the week ended Friday January 12 because of a number of factors.In the Asian market the mood turned bearish, following the return of Chinese suppliers to the export market. But sentiment in the Middle East and CIS regions remained largely optimistic, supported by an increase in scrap import prices as well as demand in some member-states of the G...Read More
An earthquake in Peru on Sunday has claimed two lives and caused an illegal mine to collapse.The epicentre of the magnitude 7.1 quake was in the southern region of Arequipa, offshore from the town of Lomas, at a depth of around 36 kilometres, the US Geological Survey said.Governor Yamila Osoria tweeted that the earthquake caused damage to buildings, including adobe houses, and caused roads to coll...Read More
The rebound in the precious metals sector continues. Friday, Gold pushed to another new high, near $1340/oz. Gold stocks led by the HUI Gold Bugs Index and GDX also made a new high with juniors and Silver right behind. The greatest traders say the move comes first and then the reason later. When it comes to Gold we are always analyzing the reason behind the moves so we can distinguish between reac...Read More
The rebound in the precious metals sector continues. Friday, Gold pushed to another new high, near $1340/oz. Gold stocks led by the HUI Gold Bugs Index and GDX also made a new high with juniors and Silver right behind. The greatest traders say the move comes first and then the reason later. When it comes to Gold we are always analyzing the reason behind the moves so we can distinguish between reac...Read More
Peninsula Energy Ltd (ASX:PEN) has achieved its third successive quarter of increased uranium production from the Lance Projects in the U.S.There were circa 38,800 pounds of uranium produced in the December quarter, 4,300 pounds more than the previous quarter.The average daily production rate improved to 430 pounds during the quarter and this has continued into January with a rate of 500 pounds.RE...Read More
Base metals prices on the London Metal Exchange continued their strong performance during Monday January 15 and closed in positive territory across the board. Prices were supported by a weakening dollar which fell to its lowest in nearly three years; copper was one of the best performers closing over $100 higher than Friday. "The supportive macro backdrop (weak dollar, positive macro data) should...Read More
Given its record gold production and strong cash flow generation, gold stock Agnico has increased its production guidance and its dividend. Production is now expected to exceed 1.68 million ounces of gold for 2017 compared to previous guidance of 1.62 million. The quarterly dividend, meanwhile, has been increased by 10 per cent to US$0.11 a share. It was not a great year for gold stocks. In fact,...Read More
Base metal prices on the London Metal Exchange were all higher during morning trading on Monday January 15, reflecting a further weakening in the dollar.Zinc's continues to set fresh multi-year highs - it peaked at $3,440 per tonne this morning, its highest since August 2007.Available LME zinc stocks continue to fall - a further 10,000 tonnes of metal were cancelled in New Orleans this morning, wh...Read More
Base metals prices on the London Metal Exchange are stronger across the board this morning, Monday January 15, with the complex up by an average of 1.2%. Copper ($7,248 per tonne) and nickel ($12,905 per tonne) lead the advance with rises of 1.9%, while tin lags behind with a 0.1% gain to $20,300 per tonne. Volume has been high with 13,854 lots traded, with 6,586 lots of that being copper. The pre...Read More
Every month consumer debt in aggregate hits a new record. Auto loans and student loans have been hitting monthly record highs for quite some time. In November credit card debt hit a record high in total and increased a record monthly amount for any one month. Mathematically this can't go on forever. In fact, there are signs - indicators not reported widely by the financial media and, predictably,...Read More
Spot prices for ammonium paratungstate (APT) climbed last week in Europe, buoyed by tightening availability of the material and strong downstream demand, as the market considered the effects of Xiamen Tungsten being temporarily denied its export license.Metal Bulletin assessed APT prices in a range of $310-318 per mtu, cif Rotterdam, on Friday January 12. This was up by 0.9% week-on-week from $307...Read More
The increases in demand for lithium battery compounds since the end of 2015 have caused a structural change in the global lithium market, making it necessary to have new reference prices with increased granularity. Industrial Minerals has therefore launched new spot price assessments for lithium carbonate and hydroxide monohydrate to keep track of the growing price volatility within the Chinese sp...Read More