A paper published in the journal Geology predicts that scientists are close to proving that microbes have control over the precipitation of metals in near-surface environments.The authors of the study reached this conclusion based on what they have seen at the unusual Las Cruces deposit, located 8 kilometres from the city of Seville in the Spanish region of Andalusia. There, a significant part of...Read More
Canadian junior Explorex Resources (CSE:EX) (OTC:EXPXF) has placed its plans to buy the Hautalampi cobalt, nickel and copper project in eastern Finland on the back burner because it won't be able to secure the required funding in advance.The Vancouver-based miner, which in November said it intended to acquire the Finish asset, was supposed to pay the project's owner, FinnCobalt, around $1.9 milli...Read More
German auto maker giant Volkswagen has just upped its bet on electric vehicles (EVs) by overhauling its Salzitter plant to focus on production processes for battery cells for the new generation of cars, which the company plans to also start producing soon.The Wolfsburg-based company said it would invest 870 million euros (about $985 million) by 2020 to develop e-vehicle components, adding that i...Read More
by Peter EpsteinCEO Robert Mintak has 2 unconventional lithium projects in the U.S., one of which he believes is de-risked more than most lithium projects around the world due to infrastructure, permitting, jurisdiction and other key factors. While Robert can't know for sure until Standard Lithium releases a Preliminary Economic Assessment (PEA), it seems likely that cap-ex will be low compare...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25A repaired balance sheet, constrained growth ambitions, commodity price improvements, and huge proceeds from widespread portfolio "optimisation'' have made it all possible.Read More
Likely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25A strong final quarter of the year saw 2018 group production come in at 466,475 tonnes of copper and 223,041...Read More
Likely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25The following day, as she is a very light drinker, my wife declared that for her to commit to a sacrifice of...Read More
Freeport McMoRan Inc shares slid 9 percent on Thursday after the world's second-largest copper miner posted lower-than-expected quarterly profit and forecast a drop in 2019 production.A 14 percent dive in copper prices slammed the company in the fourth quarter, yet the chief executive officer said U.S. demand remains strong and underpins Freeport's plans for a major expansion in the United States....Read More
Imperial Metals has published its fourth quarter and year-end numbers for its operations. For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.At the Red Chris copper-gold mine 80 km south of Dease Lake, Q4 production was 15.6 million lb. of copper (up 15% from Q3) and 12,366 oz. of gold (up 41% from Q3). Mill throughput for 2018 averaged 29,228 t/d and annual...Read More
Indonesia, the world's top exporter of palm oil, has issued new rules requiring exporters of natural resources to receive earnings in the local banking industry, among new measures Jakarta announced last year to support the then falling rupiah.The rupiah hit its weakest since the 1998 Asian financial crisis in October 2018 due to capital outflows linked to rising U.S. interest rates, the U.S.-Chin...Read More
Political uncertainty means there's no time like the present when it comes to commodities trading, according to Goldman Sachs Group Inc.Traders are less willing to buy and sell long-dated futures because of increasing risks associated with trade wars and other geopolitical fissures springing up around the globe, Jeff Currie, head of commodities research at Goldman, said in an interview on Bloomber...Read More
Once seen as a laggard in the global mining industry, U.S. copper deposits have quietly drawn more than $1.1 billion in investments from small and large miners alike as Tesla and other electric carmakers scramble for more of the red metal."Fifteen years ago, U.S. mining was thought to be a dead industry, but now it's a profitable area for us"Four U.S. copper projects are set to open by next year -...Read More
Orinoco Gold (ASX: OGX) announced that it has just started working with AngloGold Ashanti (JSE:ANG) (NYSE:AU) on establishing an in-country joint venture entity in Brazil, an undertaking that should be completed in the first quarter of 2019.The announcement was made after both companies confirmed the original terms of an earn-in agreement they signed back in 2017.The regional exploration joint ven...Read More
Global miner Anglo American (LON: AAL) ended 2018 on a high note, posting strong fourth quarter production results on Thursday despite setbacks at its iron ore operations in both South Africa and Brazil.Output of copper, one of the miner's main commodities, reached a five-year high, with overall output for the last quarter of 2018 rising 7% as a result of operational changes that boosted efficie...Read More
Is the price correction in gold already over?Please click here now. Double-click to enlarge. I told investors to prepare for a modest and healthy correction from the $1300 area, and that's happened.Gold hasn't even reached the first Fibonacci retracement line after staging a magnificent rally from the $1173 area. That's a sign of immense technical strength.Please click here now. Double-click to en...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The success of China's economic reform programme will have a strong influence on the metals market this year. On balance, fundamentals have improved, but geo-political concerns continue to dog the market and whispers of economic slowd...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25It produced 294,700 tonnes of copper during the year, up 14% year-on-year and at the top end of the 270,000-300,000t forecast.Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25Anglo achieved a 7% year-on-year increase in total quarterly production on a copper equivalent basis, excluding the effect of the Minas-Rio stoppage.Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25"BC has the copper advantage," he said.Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25Construction had crossed the 20% mark, he told Mining Journal in Vancouver. "Our 30-strong team is now fully mobilised to either Reno or Yerrington (the host town).Read More