Tlamino project. Credit: Medgold Resources Medgold has released a maiden inferred mineral resource of 7.1 million tonnes grading 3 g/t gold-equivalent for a total of 680,000 gold-equivalent oz. for the Barje prospect within the Tlamino project in Serbia.In addition, initial metallurgical test results suggest gold recoveries to concentrate of 88.2% to 90.5% based on bulk rougher flotation tests.In...Read More
The company changed name from 21C Metals mid-month to reflect its focus on its flagship East Bull project in Ontario, which has an inferred 523,000 ounce palladium-equivalent resource.Read More
The project proposal is the culmination of a process that has seen the company repeatedly sanctioned by environmental authorities related to the pellet plant and requiring the progressive reduction and eventual elimination of the deposition of tails in the sea, as it has done for the past 40 years, according to the company's 2018 annual report.In January 2018, the SMA environmental superintendent...Read More
"The reality is the sector remains unthawed. We haven't seen a whole lot of activity on the market. I think the utilities are waiting to see what happens next. "We're out of the Section 232 piece ...Read More
Today is Thursday, January 30, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,586.35. It's up 0.59% from yesterday and up 2...Read More
Today is Thursday, January 30, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of SEACOR (NYSE: CKH), Diamond Offshore Drilling (NYSE: DO), and Apache Corporation (NYSE: APA).SEACOR (NYSE: CKH)SEACOR (NYSE: CKH) is a $766.41 million company today with a one-year return of -6.49%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-value-to-free...Read More
If I were a religious man, I'd think this was a sign from God.Swarms of locusts have descended upon East Africa, destroying crops and adding further pressure to a region already faced with massive food insecurity.According to Oxfam, a large desert locust plague can contain up to 150 million individuals per square kilometer, with half a million locusts weighing approximately one tonne. One tonne of...Read More
In a January research note on battery raw materials, consultants Wood Mackenzie outlined the main themes to look for in 2020: The following is an edited version of the article. For more information visit www.woodmac.com.1. Key EV markets to start growing againIn 2019, the world's largest electric vehicle (EV) market contracted. According to the Chinese Automotive Manufacturers Association, NEV sal...Read More
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is contesting demands for a royalty of 3% of the billing value of minerals obtained from the concession hosting its San Jose mine in Oaxaca, Mexico.The company recently received a notice from Mexico's Direccion General de Minas (General Directorate of Mines) that its mining concession will be cancelled if US$30 million plus value-added-taxes (VAT) in roya...Read More
Benchmark iron ore prices fell on Jan. 29 as China - responsible for more than 70% of the world's seaborne iron ore trade - struggles to control the deadly coronavirus outbreak.The Chinese import price of 62% Fe content ore dropped more than 7% to $86.84 per dry metric tonne, according to Fastmarkets MB, after trade resumed following the Chinese lunar new year break.The number of confirmed cases j...Read More
Chinese miner MMG has once again halted copper shipments from its Las Bambas operation, one of Peru's largest copper producers, following a road blockade by a local community protesting against alleged ongoing pollution of their lands.The preventive measure, aimed at protecting trucks to and from the mine, has stopped supplies from getting through and suspended the transport of concentrates to por...Read More
In 2019, gold had its best performance since 2010, rising 18.4% in U.S. dollar terms. It also outperformed major global bond and emerging market stock benchmarks over that period. In addition, gold reached record highs in most major currencies except the U.S. dollar and Swiss franc.Gold rose most between early June and early September as uncertainty increased and interest rates fell. But investors...Read More
At this point, most people seem to understand that clean energy isn't just the future...It's the present.We need to transition to clean forms of energy and we need to do it yesterday.But when it comes to making clean tech efficient and profitable, stumbling blocks continue to pop up.Resource scarcity, insufficient battery capacity, and inconsistent production from wind and solar sources are a few....Read More
Martin Turenne is the President and CEO of FPX Nickel Corp. (FPX.V), a Vancouver-based junior nickel mining company ...Read More
It doesn't look like the relentless Tesla juggernaut is stopping any time soon...Read full newsRead More
January 27, 2020 (ACCESSWIRE via COMTEX) -- VANCOUVER, BC / ACCESSWIRE / January 27, 2020 / First Mining Gold Corp. (Read full newsRead More
By: Ira EpsteinGold 18-dma support at $1,564.80. Resistance around $1,587/8. Gold swings hard to call market..Read More
To me the fall in gold price is just a correction and nothing else. Traders will prefer not to get caught off guard in FOMC tonight. Margin calls on stocks and crude oil also resulted in traders closing long positions in gold. Technical sellers came into play once gold started falling. Silver got knocked down as it failed to trade over $18.00. The combination of gold price fall along with sell o...Read More
"@MATRIX1_FX It has to be that way ---- otherwise there would be no one to take the other side in a major bull market.These people are not experts.They are Eventualists (eventually they will get it right) & will let us all know they did -- until they are wrong again."Read full newsRead More
"Paul & Lawrence from Auramex (TSXv : AUX) present the Georgie River Prospect in the original 1800s gold-rush district of the Golden Triangle in BC, Canada.#Auramex $AUX #SmallCaps #MineralExploration #MomentumStocks #Silver #GoldenTriangle #Goldhttps://t.co/PjQd933Q0X"Read full newsRead More