All three indexes are eyeing their worst week of 2019 Dow Jones Industrial Average (DJI) futures are headed south for yet another day, with the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) following closely behind, as President Donald Trump's increased tariffs on $200 billion inChinese goods went into effect early this morning. In addition, Trump tweeted that "there is absolutely no need to r...Read More
A financial re-set could lead to the biggest political event in decades.The American financial system may be headed towards a crisis, unlike anything the U.S. has seen in the last 50 yearsOne financial guru is predicting a political event that could "reset" the financial system in ways that many Americans will never predict -- and it could lead to "a national nightmare."With growing inequality cau...Read More
"What is the hallmark of a good #investment ? President & CEO of #Sprott Rick Rule will share his expertise on the Keynote Panel at the Mining Journal Select conference on the 24-25th June 2019.#MJS #MJSelect"Read full newsRead More
Following the recommendations of the Mining Jobs Task Force report released in January 2019, the Government of British Columbia granted Geoscience BC C$5 million in one-year bridge funding to support earth science research in the western Canadian province.In a press release, the non-profit organization said the new funding will allow for the continuation of its minerals, energy and water related p...Read More
Southern Silver Exploration (TSXV: SSV) just completed an update of its independent Mineral Resource Estimate on the Cerro Las Minitas project in Durango, Mexico.In a press release, the company said that the analysis was carried out by Kirkham Geosystems and it showed, at a 175g/t AgEq cut-off, a nominal 0.97Mt increase in Indicated Mineral resources to 11.1Mt averaging 105g/t Ag, 0.1g/t Au, 0.16%...Read More
Optimal crushers, screening media and services improve production efficiency by 18% in Chinese Hunchun Zijin mine Hunchun Zijin Mining Co., Ltd. has made great strides in improving their process equipment as well as the skill level of their personnel. In this process, the company has achieved an 18% production efficiency improvement by using Metso's crushers, screening media and an Life Cycle Ser...Read More
Terrafame mine has been the first one in the world to test the Metso-designed, light-weight truck body. The new Metso Truck Body can hold almost 9 tonnes more payload, which improves the efficiency of the mine's hauling operations. As an added benefit, the rubber lining of the body cuts the perceived noise in half during loading and significantly reduces vibration."The experience we've had during...Read More
Mill pumps and pumping systems play an important role when the goal is to ramp up production. Here are eight things to consider with pumps to make sure the whole plant is ready to meet requirements when aiming for production increases.Ensure motor power availabilityA well-designed plant has enough power allocated to mill pumps. Pumps typically operate on variable speed drives, meaning that there a...Read More
Set against lush hills, deep inlets and snow-kissed mountain peaks, Vancouver is the wellspring of Canadian environmentalism - and the heart of its climate dilemma.British Columbia's premier city prides itself on its green bona fides. The province is the birthplace of Greenpeace, ushered in Canada's most successful carbon tax and is governed by a coalition that includes Green Party lawmakers. It's...Read More
For technology to truly serve the next generation, we have to get smarter about what we're putting in the classrooms.Read full newsRead More
The 142-year-old London Metal Exchange (LME) has appointed former banker Gay Huey Evans as chair of the board, the first female to have that role in its history.Huey Evans, who is a Standard Chartered, ConocoPhillips and Ita?? BBA International board member, previously worked at Citi, Barclays Capital and the UK's Financial Services Authority. She will replace Brian Bender when he retires from the...Read More
Published 23 Hours AgoUpdated7 Hours AgoReuters Leonhard Foeger | ReutersA worker holds a gold bar in the Austrian Mint (Muenze Oesterreich) headquarters in Vienna.Gold prices rose on Friday and were set to post a weekly rise as the United States raised tariffs on Chinese goods, exacerbating fears of a global economic slowdown, while palladium surged more than 5% on technical buying and short c...Read More
In the first segment of his May 8th Discovery Watch broadcast, John Kaiser takes a look at Simon Ridgway-headed Radius Gold (RDU) which we featured in our May 3rd Morning Report.The stock jumped May 1st as drill results came in from Radius' Amalia project in Mexico, but it has pulled back as results from additional holes have come out which have not intersected the same kind of mineralization as...Read More
Investing legends Mario Gabelli & Leon Cooperman answer viewer questionsRead full newsRead More
Investing legends Mario Gabelli & Leon Cooperman answer viewer questionsRead full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended down Thursday but recovered a bit after President Trump said "we'll see" about a trade deal with China. Intel (INTC - Get Report) dropped after warning that its move away from personal computer chips to logic, memory and data centers will weigh on profit margins over the next three years. Shares of Walt Disney I...Read More
Lead's three-month price on the London Metal Exchange had tumbled by 2.5% by the close of trading on Thursday May 9, reaching its lowest level since August 2016 at an intraday low of $1,830.50 per tonne.Three-month lead prices were down by just under 10% since late-February, when prices last exceeded $2,000 per tonne. The price of lead spent most of 2018 above that threshold level, and while LME s...Read More
Comex copper prices failed to recover on Thursday May 9 morning in the United States amid persistent worries over the Sino-US trade talks.The copper price for July settlement on the Comex division of the New York Mercantile Exchange tumbled 3.70 cents to $2.7375 per lb"The intense selling pressure in the copper market since the start of May is...Read More
The Chinese spot alumina price could rise over the course of 2019 despite new capacity planned this year due to new downstream aluminium projects which outpace the raw material's capacity expansion, Fastmarkets learned during LME Asia Week in Hong Kong this week. China is projected to add 5.4 million tonnes of new alumina capacity this year, a year-on-year rise of 69% from 3.2 million tonnes of ne...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday May 9 that are worth another look.Aluminium traders in Europe have been switching business to the Italian port of Trieste in the past month, due to high stock levels leading to opportunistic trading. Market sources told Fastmarkets that the port is ideal for sending material into neighboring Central and Eastern Europe, with tru...Read More