Recent News

Glencore goes from crisis to crisis with possible bribery probe

May 21, 2018 / www.mining.com

By Tom WilsonIt's becoming hard to keep track of all of Glencore's legal battles in the Democratic Republic of Congo.The world's biggest commodity trader is facing the possibility of a bribery investigation by British prosecutors over its work with Dan Gertler, an Israeli billionaire and close friend of Congo President Joseph Kabila.That's on top of other disputes, like a conflict with Gertler ove...Read More

Gold Setting Up For A Reversal Higher

May 22, 2018 / seekingalpha.com

Gold is at the bottom of it's trading range.GLD gaps below it's 200 day MA for 4th time.Gold stocks ignoring the recent drop in Gold prices.US$ Index entering resistance area.Whenever Gold (GLD) prices move down, it seems to provoke fears of further weakness. Most of the talking heads on the squawk box are negative Gold and pushing their equity holdings and funds. It is disappointing that...Read More

GDX Gold Mining Stock Fundamentals 2018 / Commodities / Gold and Silver Stocks 2018

May 19, 2018 / www.marketoracle.co.uk

The major gold miners’stocks are still largely grinding sideways, mired in a bearish sentimentwasteland.  Traders tend to assume lowstock prices must be righteous, reflecting weak fundamentals rather than poorpsychology.  But once a quarter earningsseasons’ bright fundamental sunlight parts the obscuring fogs of popularsentiment.  The gold miners’just-reported Q1&r...Read More

EMX Royalty (TSXV: EMX) (NYSE: EMX) Acquires Boreal Energy Metals Shares for Two Nickel-Copper-Cobalt Projects in Sweden

May 18, 2018 / www.investorideas.com

Vancouver, British Columbia - May 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) EMX Royalty Corporation (TSXV: EMX) (NYSE American: EMX) ("EMX") is pleased to announce its acquisition of 2,020,202 common shares of Boreal Energy Metals Corp. ("BEMC"), representing an additional 4% equity stake in BEMC, and bringing EMX's aggregate interest to 9.9% of BEMC's issued and outstanding shares. E...Read More

Cobalt bulls advised to buy on dips

May 18, 2018 / resourceworld.com

Anthony Milewski, Chairman and CEO of Cobalt 27 Capital, at the company's cobalt warehouse in Rotterdam, the Netherlands. Photo courtesy Cobalt 27 Capital Corp.Analysts at Citi Research are optimistic on the outlook for cobalt.In a commodities outlook report dated May 14, 2018, Citi Research said Cobalt prices are set to rise by a further 20% over the next two years on the back of a sustained defi...Read More

Klondike Narrows Down Its Search in the Goldfields

May 15, 2018 / www.investorideas.com

May 15, 2018 (Investorideas.com Newswire) James Kwantes, editor of Resource Opportunites, profiles a company exploring in gold-rush country in the Yukon.It's early afternoon on an overcast Yukon day and CEO Peter Tallman is in show and tell mode at Lone Star, one of Klondike Gold Corp.'s (KG:TSX.V) projects in the heart of the historic Klondike goldfields. The geologist is dressed in old jeans, a...Read More

Gold bugs gone but not forgotten

May 16, 2018 / news.goldseek.com

As a recovering Gold bug I have great sympathy for what die-hard bitcoin fans are about to experience. Years and years of grinding lower with the occasional wicked spikes up that bear markets are known for.Don't get me wrong- I'm with the minarchists (e.g. Libertarians) and anarcho-capitalists in my excitement for crypto-currencies and their ability to transact anonymously not to mention their p...Read More

Skeena probes untested areas at former B.C. gold mine

May 16, 2018 / resourceworld.com

Skeena's Snip Mine 44 Portal and technical crew. Source: Skeena Resources Ltd.Skeena Resources Ltd. [SKE-TSXV; SKREF-OTC] on Wednesday May 16 released analytical results from the first eight holes of the recently initiated Phase II underground drilling program at the company's 100%-owned Snip Project in British Columbia's Golden Triangle region.Previously owned by Barrick Gold Corp. [ABX-TSX, NYSE...Read More

Oreninc Natural Resource Financing Index Falls as Action Dries Up (again)

May 16, 2018 / www.miningfeeds.com

Last week index score: 45.85 (updated) This week: 25.90Prospero Silver (TSX-V: PSL) and Fortuna Silver Mines (TSX:FVI) amended their strategic financing agreement and amended the 2018 work program in Mexico.NuLegacy Gold (TSX-V: NUG) began drilling on its Red Hill in the Cortez gold trend of Nevada.Zinc One Resources (TSX-V: Z) announced additional drill results from the Mina Grande Sur zone at it...Read More

Yamana begins gold and silver production at Cerro More mine in Argentina

May 16, 2018 / www.mining.com

Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said it poured Tuesday first gold and silver dor?(C) at its Cerro Moro mine, located in Argentina's Santa Cruz province.The Toronto-based miner, which began construction at Cerro Moro in 2015 and expects to finish building it this year, said ramp-up remained on track, with commercial production expected in the second quarter of the year.Once at ful...Read More

Miners continue to push for DRC changes as commission...

May 15, 2018 / www.mining-journal.com

A mining industry group said yesterday the commission appointed to draft regulations to effect the 2018 code had officially completed its work.The group represents significant mining development projects and more than 85% of the DRC's copper, cobalt and gold production, including Randgold Resources, Glencore, Ivanhoe Mines, Gold Mountain International/ Zijin Mining Group, MMG Limited, AngloGold As...Read More

Barrick Gold Is An Emerging Cash Cow

May 10, 2018 / seekingalpha.com

Q1 results illustrated how my long-term bullish thesis on Barrick is beginning to play out.Debt paydown, gold price appreciation, and improving operational proficiency lead to credit rating upgrades, higher earnings, and an improved free cash flow to earnings ratio.The company is finally moving past the Acacia and Pascua-Lama quagmires and is poised to pour its large and growing cash pile into gro...Read More

Canadian-made responsible mining initiative answers global demand for supply chain transparency

May 08, 2018 / www.mining.com

Manufacturers, particularly in the technology and automotive sectors, are under increasing pressure from customers to demonstrate that products are made with responsibly-sourced materials. Transparent supply chains that trace where the materials come from and what practices were used to produce them are expected by shareholders and the public. But unlike similar programs gaining momentum in other...Read More

Ivanplats to use treated wastewater at Platreef

May 08, 2018 / www.mining-journal.com

Ivanhoe executive chairman Robert Friedland said the company wanted to build some of the "greenest" mines in the world.Under the memorandum of agreement with the Mogalakwena local municipality, Platreef will receive a minimum of five million litres of treated water a day for 32 years, beginning in 2022, from the town of Mokopane's new Masodi Treatment Works.Ivanplants will provide up to US$19.6 mi...Read More

Analysis: SHFE zinc gains as risk-taking sentiment improves after US-Sino trade talks

May 08, 2018 / news.metal.com

SHANGHAI, May 8 (SMM) – SHFE zinc climbed up unexpectedly on Monday May 7 as it traded without being weighed down by its LME counterpart, and as risk-taking sentiment in the market recovered after the US-China trade negotiations.The SHFE zinc index gained 2.49% during the day on May 7 as shorts reduced their positions with a total of 25,700 lots of decline in the SHFE zinc index. Suppor...Read More

Nevsun rejects $1.5 billion offer from Lundin, Euro Sun

May 08, 2018 / resourceworld.com

Nevsun's Timok copper-gold exploration project in Serbia. Source: Nevsun Resources Ltd.Nevsun Resources Ltd. [NSU-TSX; NYSE AMERICAN] shares jumped 16.1% in early trading Tuesday May 8 after the company said it had rejected an unsolicited $1.5 billion offer from Lundin Mining Corp. [LUN-TSX; LUMI-Sweden] and Euro Sun Mining Inc. [ESM-TSX, CPNFF-OTC].Nevsun said the non-binding unsolicited proposal...Read More

This Mining Giant Will Benefit From its Diversification Into Energy

May 06, 2018 / www.fool.ca

Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) is Canada's largest diversified resource company. It is primarily engaged in the business of exploring for, acquiring, developing, and producing natural resources. The company is mostly known for its steel-making coal, copper, and zinc operations. As of end of 2017, steel-making coal accounted for 51% of revenues.In 2018, Teck is going to undergo a sign...Read More

A billionaire makes a classic investing error: Barry Ritholtz

May 04, 2018 / www.mining.com

(Bloomberg Opinion) - I try to avoid giving unsolicited advice to billionaires. They are doing just fine without me. Besides, nobody likes to hear from the cheap seats, especially when they just made a terrible, horrible, reckless investing error that poses unnecessary risk and could cost quite literally billions of dollars.I bring this up after I read the headline "This Billionaire Has Put Half...Read More

METALS--Zinc prices hit 9-month low as supplies seen rising

May 04, 2018 / www.kitco.com

* LME/ShFE arb:* GRAPHIC-2018 asset returns: (Adds official midday prices, details)By Maytaal AngelLONDON, May 4 (Reuters) - Zinc prices hit their lowest inalmost nine months on Friday, the only base metal to trade innegative territory as investors expect a narrowing of the globalmarket deficit.Three month London Metal Exchange zinc was last biddown 1.1 percent at $2,975 a tonne in official midday...Read More

Bonterra Resources discovers sixth gold zone at Gladiator

May 04, 2018 / resourceworld.com

David Morel, Assistant Geologist at Bonterra's Gladiator Gold Project in the Abitibi Gold Belt of Quebec. Photo courtesy Bonterra Resources Inc.Successful mining stock investors have an old saying: look for the three M's, that is, good Management, a good Mining project and Money or the ability to raise it. Let's see if Bonterra Resources Inc. [BTR-TSXV; BONXF-OTC; 9BR1-FSE] meets those criteria.Th...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok