FPX Nickel CEO Martin Turenne explains why nickel can be considered the ultimate battery metal.He provides a nickel market update as well as a FPX Nickel (...Read full newsRead More
The very people tasked with clamping down on and regulating Zimbabwe's illegal gold industry are some of its biggest beneficiaries, according to a recent report by the Southern Africa Resource Watch (SARW).Read full newsRead More
Sudan on Thursday signed nine concession agreements for gold and copper mining with eight local and foreign companies, the state news agency SUNA said.Read full newsRead More
TriStar Gold Inc. is pleased to announce that Nick Appleyard will be presenting a corporate update in a live webinar taking place on Wednesday, June 23rd at 12pm PT / 3pm ET.Read full newsRead More
Tempus Resources Ltd is pleased to provide an update of the drillRead full newsRead More
Kavango Resources (LON: KAV) and Power Metal Resources (LSE:POW) on Monday unveiled yet more encouraging results from their South Ghanzi project in the Kal...Read full newsRead More
Crowdfunding proves fruitful once again for UK lithium juniorRead full newsRead More
Markets downbeatRead full newsRead More
All of a sudden it has become a scary time for investors as the Fed is musing about tightening monetary policy. However, it is going to take more than dot plots to cool off the oil price.The Fed cannot stand by the sidelines if it wants to cool inflationAs the debate rages whether inflation will continue its wiiing ways over deflation, the Gold/Silver Ratio has yet to pronounce a clear leader as w...Read More
"Less liquidity from the US and a firmer dollar, plus prospects of a slowdown in China as the top consumer tries to rein in overheated markets weighed on sentiment," Marex's Anna Stablum said from the LME desk (Singapore).Copper closed down 1.8% to US$9,119.75 per tonne, a circa 7% drop for the week.The gold price has also slumped below $1,800 an ounce following the US Federal Reserve's indication...Read More
The global pandemic is an eye opener, because it threatens income security and livelihoods. Besides health, financial dislocation was the worry of most. Canadians’ anxiety levels rose at the start of the second quarter of Q2 2020 following the drastic 2.2% increase in the unemployment rate to 7.8% in March 2020.The sudden drop in employment was more extensive than any of the significant rece...Read More
Bitcoin has been viewed by some young investors as “millennial gold.” Undoubtedly, the incredible technology (blockchain) powering cryptocurrencies is remarkable and exciting. That said, just because a technology shows promise does not mean investors should rush into an asset, willing to pay whatever price the market commands at any given instance.Beware of Doge!Dogecoin, Bitcoin, Ethe...Read More
Teck Resources (TSX:TECK.B)(NYSE:TECK) soared off the 2020 lows amid a surge in copper prices. Investors who missed the rally want to know if the recent pullback makes Teck Resources stock undervalued today.Copper marketTeck Resources produces metallurgical coal (steel-making coal), copper, and zinc. The rebound in commodity prices over the past year helped drive the share price up from $9 to a re...Read More
Markets took a breather last week when the Fed indicated a more hawkish stance. As a result, interest rate hikes could rather return sooner than later, which might upset investors’ mood. TSX stocks at large, too, traded weak last week on the fears of expected higher rates.Importantly, this could have significant damage to the year-long rally. According to CNBC, Moody’s economist Mark Z...Read More
The junior said it opened up the opportunity to pre-registered investors 9:00am UK time and had hit its target "within 20 minutes".Read More
Commodity prices have fallen across the spectrum - with the exception of coal - over the past seven days. The LME copper price stood at US$9,068/tonne on Monday, down 9% week-on-week.Read More
The Toronto-listed shares of Lundin Mining (TSX: LUN) fell by more than 12% on Monday after the base metals company announced a near-14% drop in expected copper output at the cornerstone Candelaria copper-gold mine in Chile.Lundin says it will be adjusting the near-term mining sequence in Phase 10 of the Candelaria open pit for the second half of the year, which will impact the volume of direct or...Read More
Gold Royalty (NYSE-AM: GROY), which went public in March and has a portfolio of 18 net smelter return royalties ranging from 0.5% to 2.0% covering 12 projects in the Americas, is acquiring Ely Gold Royalties (TSXV: ELY; US-OTC: ELYGF) in a deal valuing Ely at about $300 million.Ely Gold Royalties is focused on Nevada and has royalties on three of the state's largest gold mines- Jerritt Canyon, Gol...Read More
GoldMining (TSX: GOLD; NYSE: GLDG) has released an updated resource estimate for its 100%-owned Whistler project in the Yentna mining district of Alaska, 150 km northwest of Anchorage.The updated resource includes the Whistle, Island Mountain, and Raintree West gold-copper deposits and has delineated 118.2 million indicated tonnes grading 0.51 gram gold per tonne, 2.19 grams silver per tonne, an...Read More
A report by market researcher CRU Group forecasts that demand for zinc, copper, and nickel will continue to grow in the next two decades, particularly in China where government stimulus may drive it to levels even higher than what was predicted in pre-pandemic forecasts.The rest of the world, however, will continue to work towards recovering last year's losses, particularly because Covid-19 remain...Read More