"The world's biggest lithium ion battery plants 1 Tesla2 LG3 CATL4 CATL5 LG 6 LG7 BYD8 Funeng9 Panasonic 10 BYD Subscribe to @benchmarkmin Megafactory Assessment now > https://t.co/ajWevEg2wS"Read full newsRead More
Vancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces that it is in the process of implementing an important next step in its corporate strategy to create an integrated graphite products company intended to create value to its shareholders. The Company intends to proceed with a name change to "Graphite One Inc." It is also announc...Read More
Coal exports from Grupo Prodeco's port in Colombia are proceeding normally despite the possibility that a small group of unionized workers may vote to strike over pay and labor conditions, the company said on Thursday.Prodeco, a subsidiary of Switzerland's Glencore, is the third-largest producer of thermal coal in the Andean country.Only three of the 115 workers at the Puerto Nuevo port are member...Read More
The reasons behind the block are a mystery...Read full newsRead More
Saudi Arabia isn't buying the peak oil demand narrative.OPEC's largest producer continues to expect global oil demand to keep rising at least by 2040 and sees itself as the oil producer best equipped to continue meeting that demand, thanks to its very low production costs.Saudi Arabia will be the one to pump the last barrel of oil in the world, but it doesn't see the 'last barrel of oil' being pum...Read More
After nine months of intermittent production due to illegal strikes and social unrest, Barrick Gold's Tongon mine in Ivory Coast returned to normal in the last quarter of 2018, achieved its revised production target of 230,000 ounces for the year, down from 288,680 ounces in 2017.Operations at the mine, which the Canadian gold giant acquired after the merger with Randgold, had to be halted a few...Read More
Australia and New Zealand Banking Group Ltd (ANZ), whose gold bullion business is one of Asia's largest, said on Thursday it was closing its precious metals vault in Singapore.The move follows the bank's sale last year of its stake in an exchange-traded fund backed by physical gold and sources say it is part of a scaling back of ANZ's precious metals business.While ANZ is trimming, increasing regu...Read More
Chile's Chemical and Mining Society (SQM), the world's second largest producer of lithium, used in batteries that power electric cars and high tech devices, has taken measures to protect sensitive information from China's Tianqi Lithium, which recently acquired almost a quarter of the company.The deal, which took months to get approved by Chile's antitrust regulators, received the okay in October,...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
Lucara Diamond (TSX:LUC) today stated that it is on track with the works towards a feasibility study for a potential underground operation at its 100%-owned and operated Karowe diamond mine.The Karowe mine is located in northern Botswana and hosted the world's second-largest diamond, which Lucara unearthed in 2016.According to Lucara, the $14.8-million feasibility study that would allow them to ex...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
Barrick Gold Corp.'s full-year gold production was 4.53 million ounces for 2018 and full year gold sales of 4.54 million ounces, according to preliminary results announced Jan. 21.Read full newsRead More
Farhad Abasov has high hopes for Millennial Lithium's (TSXV: ML; US-OTC: MLNLF) Pastos Grandes lithium brine project in Argentina's Salta province.The CEO expects a definitive feasibility study (DFS) in the second quarter, and the project can start production as early as 2021, generating 25,000 tonnes of lithium carbonate equivalent (LCE) a year.In January, the company reported that bench-scale pr...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
One way or another, the eventual fate of the dollar is inevitable..."Super-conservative investors purchase dollars and keep them "under the pillow, which is not very safe"Russian gold could become the perfect alternative to conservative investments in the greenback, the CEO of Russia's key trading floor, Moscow Exchange (MOEX), believes."Let's offer an alternative to the US dollar in the form of R...Read More
Goldsource Mines (TSXV: GXS) closed more than 73% higher yesterday on a new, high-grade discovery at its Salbora target at the Eagle Mountain gold project in Guyana.New Pacific Metals (TSXV: NUAG) rose C26 or almost 16% as it reported 76.63m at 383g/t silver among the first batch of drilling results from its Silver Sand project in Bolivia, saying 94 of 98 holes had intercepted near-surface silver...Read More
A village in Mali, West Africa. Source: RosCan Gold Corp.RosCan Gold Corp. [ROS-TSXV] on Thursday January 24 announced positive assay results from an initial air core drilling program at its Kandiole Project in Mali, West Africa.The drilling program was completed in December 2018, and was designed to test strong gold anomalies in termite mounds with coincident gold-in-soil gold anomalies.The compa...Read More
Logging diamond drill core at the Eskay Creek Project core shack. Source: Skeena Resources Ltd.Skeena Resources Ltd. [SKE-TSXV; SKERF-OTC] on Thursday January 14 released the final assay results from a Phase one surface drilling program at the company's Eskay Creek Project, which is located in northwest British Columbia's Golden Triangle region.The program targeted the 21A, 21C, and 22 zones. Howe...Read More
Gold pour at the Aurora Mine in Guyana, South America. Source: Guyana Goldfields Inc.A group of concerned Guyana Goldfields Inc. [GUY-TSX, OTC-GUYFF] shareholders say they are unhappy with the company's announced decision to hold its annual and special meeting of shareholders on May 22, 2019. That is a full 140 days after the concerned shareholders submitted their request for the meeting on Januar...Read More
Share this articleTORONTO - Canada's main stock index increased on the back of higher crude oil prices while trading on U.S. stock markets was mixed.The S&P/TSX composite index closed up 72.45 points at 15,280.78.In New York, the Dow Jones industrial average was down 22.38 points at 24,553.24. The S&P 500 index was up 3.63 points at 2,642.33, while the Nasdaq composite was up 47.69 points at 7,0...Read More