Oil prices are still down sharply from the highs of October 2018, but the industry may still increase spending this year. The cost of developing new projects might rise along with higher spending levels.A survey of top industry executives by DNV GL suggests that capital spending on oil and gas could rise in 2019. Of the 791 senior professionals in the energy industry surveyed by DNV GL, 70 percent...Read More
* Mud from tailings dam hits Vale mine facilities* Disaster kills 58, hundreds still missing* Brazil orders Vale to halt Corrego do Feijao mine ops* Iron ore up as much as 6 pct before closing off highs* Analysts, traders see limited price impact in short termChinese iron ore futures soared to a 16-month peak on Monday after Brazil's mining agency ordered Vale SA, the world's biggest iron ore prod...Read More
* U.S. lifted sanctions on Rusal, En+ on Sunday* Rusal shares up 9 percent in Hong Kong* London aluminium prices down as much as 1.4 percent* Russian stock index rises to all-time high U.S. President Donald Trump's administration on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminium giant Rusal and its parent En+, despite a Democrat-led push to maint...Read More
Vale SA's deadly mine disaster in Brazil has created uncertainty for China's iron ore market at a time when demand for supply from the South American country is rising, multiple Chinese ore traders said on Monday.A dam holding mine waste at Vale's Corrego do Feijao mine collapsed on Friday, burying mining facilities and nearby homes in the town of Brumadinho, killing dozens and leaving the communi...Read More
The Brazilian Securities and Exchange Commission (CVM) has launched a probe into mining giant Vale SA's filings related to the mining dam collapse in the town of Brumadinho, where the collapse of a dam at the company's C??rrego do Feij??o mining complex on Friday killed at least 60, while more than 300 missing people are feared dead.According to local newspaper Valor Economico, CVM is investig...Read More
"It's been a bumpy 12 months for #mining finance. Our Mining Journal Intelligence Global Finance Report goes in-depth on current funding trends and which markets are best for miners and explorers | https://t.co/ddNLgGIoo0"Read full newsRead More
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Angola is planning to hold its first diamond auction this week, inviting around 35 companies to bid for seven stones as the world's fifth largest producer moves to make the sector more lucrative for producers and the state.The stones, selected for their rare quality and size, were produced by the Lulo project operated by Australia-listed Lucapa in the northeastern province of Lunda Norte."It's our...Read More
Vale SA investors must be asking themselves how the world's largest iron ore producer could allow an even more deadly repeat of Brazil's worst environmental disaster.The collapse of a tailings dam Friday in the state of Minas Gerais killed 58 people, with more than 300 still missing, and destroyed buildings. It's the second deadly disaster in about three years for Vale, which also co-owns the Sama...Read More
A deadly dam collapse is expected to keep Vale SA shares pressured in the short-term, as Friday's accident at the Feijao mine prompted 11.3 billion reais ($3 billion) in blocked funds and fines, leading the world's largest iron ore producer to suspend dividends.While sensing a limited impact to Vale's production, analysts highlighted risks including remediation charges, lawsuits, additional insp...Read More
"Hundreds are missing and Vale has tough questions to answer about its ability to protect workers and communities after the Brumadinho tailings disaster | https://t.co/L6djUqUsfL #Brumadinho $VALE"Read full newsRead More
PBOC fixed the yuan dramatically stronger against the dollar overnight, sending offshore yuan surging to its strongest against the dollar in six months.Read full newsRead More
Nearly half of Japan's key economic government statistics need to be reviewed with 22 discrete statistics, or roughly 40% of the 56 key government economic releases, turning out to beRead full newsRead More
Vendetta Mining (TSXV: VTT) announced that it has just received the results from an independent Preliminary Economic Assessment or PEA for its Pegmont lead-zinc project located in Queensland, northeastern AustraliaIn a press release, Vendetta explained that the PEA was developed by a team of independent consultants, including AMC Mining Consultants, GR Engineering Services, and AARC Environmental...Read More
Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) will not proceed with the construction of its C??t?(C) gold project, in Ontario, as it's waiting for improved market conditions before going ahead with the $1.15-billion investment, it said Monday.Chief executive Steve Letwin said his company had substantially de-risked the project, located in the Abitibi gold belt, and that it cont...Read More
Shares in Condor Gold (LON:CNR) climbed as much as 5.8% on Monday morning after it increased the mineral resource estimate at its 100%-owned La India gold project in Nicaragua, noting the potential for an expansion.The mineral resource update totalled 9.85 million tonnes at 3.6 grams per tonne of gold for 1.14 million of indicate ounces, a surge of 57,000 ounces from the previous update.The gro...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index ran into trouble marching through the 1100 level and soon pulled back to the low 1070s before rallying strongly into week's end. The Index closed at a 4-week high at 1097.43 for a 0.6% or 6.3 point gain. MACD fell from 6 to 0.17, while RSI which...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") is pleased to announce that it has intersected intervals of strong (>20,000 total cps on an RS-125 hand-held spectrometer) uranium mineralization at the Hurricane zone in the first two drill holes following-up last summer's intersection in drill hole LE18-01A. The Hurricane zone is a new discovery of high-...Read More
Nicolas Carter is an executive vice-president of uranium at UxC LLC, one of the nuclear industry's market research and analysis companies. Carter has 21 years of nuclear industry experience. He manages and coordinates uranium consulting projects and products, including The Ux Weekly, Uranium Market Outlook, Uranium Suppliers Annual and Uranium Production Cost Study. During his career he has provid...Read More
by Morris HubbarttJan 28, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com and I...Read More