An ominous trend, indicating US consumers are in far worse shape than assumed by conventional wisdom, has re-emerged.Read full newsRead More
The opaque diamond trade may be ripe for disruption.Lucara Diamond, which recently found the second-largest diamond in history in Botswana, is taking on industry giants such as De Beers and Alrosa PJSC with an online platform to replace the current physical auctions.The service allows Lucara to match buyers' requirements, not only saving jewelers the trouble of traveling to Botswana but also endin...Read More
China's Iron and Steel Association said on Sunday the industry faces ongoing risks from excess capacity, as well as sluggish demand and increased raw material costs that could squeeze profits.The country's sprawling steel sector, which has cut 150 million tonnes of steel production over the past three years, was "far from achieving its tasks" amid Beijing's supply-side reforms, the association sai...Read More
Following the gender session held this at this year's PDAC, where gender balance in the industry and the #MeTooMining initiative were discussed, the Responsible Mining Foundation issued a summary report related to the topic.The summary is based on a chapter of RMF's 2018 Responsible Mining Index and it presents an assessment on the performance of 30 of the most important mining companies in the wo...Read More
Following the gender session held this at this year's PDAC, where gender balance in the industry and the #MeTooMining initiative were discussed, the Responsible Mining Foundation issued a summary report related to the topic.The summary is based on a chapter of RMF's 2018 Responsible Mining Index and it presents an assessment on the performance of 30 of the most important mining companies in the wo...Read More
Researchers at the Norwegian University of Science and Technology succeeded in creating light-emitting diodes, or LEDs, on a graphene surface.According to a brief that explains their research, professors Helge Weman and Bj?,rn-Ove Fimland, and Ph.D. candidates Ida Marie H?,iaas and Andreas Liudi Mulyo were able to create a new electronic component that has the potential to become a commercial prod...Read More
Researchers at the Norwegian University of Science and Technology succeeded in creating light-emitting diodes, or LEDs, on a graphene surface.According to a brief that explains their research, professors Helge Weman and Bj?,rn-Ove Fimland, and Ph.D. candidates Ida Marie H?,iaas and Andreas Liudi Mulyo were able to create a new electronic component that has the potential to become a commercial prod...Read More
In a recent report, Fitch Ratings states that the rise in iron prices to over $90/dmt in April should provide cash flow windfalls for global iron ore producers through 2020, even though such prices are expected to eventually stabilize at the ~$75/dmt mark.The credit ratings and research division of the Fitch Group does not foresee the price of iron ore going below $70/dmt any time soon due to the...Read More
The Argentinian Chamber of Mining Entrepreneurs issued a report this week stating that it expects mining industry investments to reach $29 billion and employ about 80,000 people in 2019.According to the group, the mining sector is experiencing continued growth and has become the sixth most important sector when it comes to exports."At the Chamber we work day in and day out to create synergies with...Read More
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2019) - Outcrop Gold Corp (OCG) (Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2019) - Outcrop Gold Corp (OCG) (Read full newsRead More
A Canadian company is moving ahead with plans to reopen a gold mine in the heart of California's Castle Mountains National Monument, just across the state line from Searchlight.Read full newsRead More
Integra Resources (TSXV: ITR; US-OTC: IRRZF) plans to complete a resource update and a preliminary economic assessment (PEA) of an open-pit mine at its DeLamar project in Idaho this year, and National Bank Financial has initiated coverage of the company with an outperform rating and a 12-month target price of $1.40 per share.The junior, currently trading at 63 ? per share, acquired the project fro...Read More
There are few opportunities out there that could truly make you rich, and most of them are quite risky. Cameco Corporation (TSX:CCO)(NYSE:CCJ) is no exception, but there has been a lot of talk recently about this company being due for a huge jump in share price over the next few years — myself included.But could Cameco really make you rich? A number of things would have to happen to reac...Read More
It’s the word we all love to hear: easy. Especially when it comes to making money.But nothing in this world is free, and practically nothing comes instantly.Yet if you give it time, metal stocks Lundin Mining Corp. (TSX:LUN), Lithium Americas Corp. (TSX:LAC)(NYSE:LAC) and Newmont Goldcorp Corp. (TSX:NGT)(NYSE:NEM) could make you some crazy cash over the next five yearsLundinThis metals...Read More
The rest of the year may see turbulence in the stock markets, with an increasingly uncertain global economy fuelling investor fear. A greedy start to the year — the result of a jubilant resurgence that followed the "Christmas massacre" on the markets — is likely to give way to widespread and persistent volatility. It’s time to know what you hold and adjust in case of a downturn,...Read More
When the hedge fund algos inevitably turn the other way and unload stocks, a meaningful amount of the capital that leaves the stock market will likely rush into gold and silver. The record hedge fund net short position on the Comex will add fuel to the move in gold/silver.James Anderson of Silver Doctors/SD Bullion invited me to discuss the largest stock bubble in U.S. history and why gold is ex...Read More
At PDAC2019, we learned from Pete Dougherty, CEO of Argonaut Gold Inc. (TSX: AR), that they are a producer in Mexico, with three operating mines: the El Castillo mine and San Agustin mine in Durango, and the La Colorada mine in Sonora. The company is advancing and growing its production profile. Last quarter they hit 50,000 ounces of production and are on track for producing 200,000 ounces a year....Read More
Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's unmatched portfolio of world-class assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont Goldcorp is the only gold producer listed in the S&P 500 Index and is widely...Read More
In case you missed it, here is this week's resource big news roundup.Read full newsRead More