SINGAPORE, May 25 (Reuters) - In the relatively short space of the past decade the paper iron ore market has grown from virtually nothing to exceed the physical market, but now the industry is grappling with what comes next.While the growth in iron ore futures and exchanged-cleared swaps has been impressive, iron ore is still a long way behind other commodity markets, such as crude oil and some ag...Read More
Shares in Northern Dynasty Minerals plunged on Friday after the company announced the end of a partnership with fellow Canadian company First Quantum Minerals to develop the controversial Pebble mining project in Alaska.Vancouver-based Northern Dynasty said on Friday in a terse statement it was unable to reach an agreement on a proposed deal with First Quantum announced in December. Northern Dyna...Read More
(Bloomberg) - Billionaire industrialist Anil Agarwal plans to leave behind a legacy: an Indian resources group to rival the world's biggest.The founder and owner of Vedanta Resources Plc wants to keep building the company into a giant producer of the commodities that India needs to curb its reliance on imports, create jobs and reduce poverty. Despite its insatiable appetite for materials, India i...Read More
(Bloomberg) - Chile knows what it is to be expendable.Ghost towns that pepper the nation's north are a painful reminder of a time when it was replaced almost overnight as the world's top fertilizer producer. These days, the decaying buildings and rusty plants serve as a harbinger for miners embarking on a major expansion of lithium.Lithium prices have tripled in three years, triggering a race to...Read More
TORONTO, May 24, 2018-- Alamos Gold Inc. today reported new results from the ongoing surface and underground exploration drilling programs at the Island Gold Mine. Early results from the 2018 exploration ...Read full newsRead More
Atalaya's profits, revenues up in solid March quarterRead full newsRead More
TORONTO, May 24, 2018-- Alamos Gold Inc. today reported new results from the ongoing surface and underground exploration drilling programs at the Island Gold Mine. Early results from the 2018 exploration ...Read full newsRead More
May 24 (Reuters) - Real Gold Mining Ltd: * REN YANCHENG HAS BEEN APPOINTED AS AN EXECUTIVE DIRECTOR AND DEPUTY CHIEF EXECUTIVE OFFICER Source text for Eikon: Further company coverage:Read full newsRead More
TORONTO, May 24, 2018-- Alamos Gold Inc. today reported new results from the ongoing surface and underground exploration drilling programs at the Island Gold Mine. Early results from the 2018 exploration ...Read full newsRead More
TORONTO, May 24, 2018-- Alamos Gold Inc. today reported new results from the ongoing surface and underground exploration drilling programs at the Island Gold Mine. Early results from the 2018 exploration ...Read full newsRead More
"This week's move upward in the #nickel price due in part to this: Philippines govt passes legislation imposing a hefty tax on exports of unprocessed ore https://t.co/RY6h2bMGE8"Read full newsRead More
Carube Copper Corp. (TSXV:CUC) (theRead full newsRead More
A key communications initiative in leading Australian gold miner Northern Star Resources' (ASX: NST) A$50 million (US$38 million), 10-year investment in underground excellence is likely to be in place this year.Staff reporterNorthern Star CEO Stuart Tonkin addresses the WA Mining Club25 MAY 201825/05/2018commentsshareOne of the initial aims of the programme is to set up a 4G LTE network undergroun...Read More
Northern Empire - The Sterling Gold Project Site VisitOn April 6th, I had the opportunity to visit Northern Empire's Sterling Gold Project, located north-west of Las Vegas, Nevada. My visit was great and really gave me a good perspective of the Sterling Gold Project's scale and its potential for further resource expansion.In particular, the Crown Block stood out as having great exploration poten...Read More
Mr. Wonderful, Kevin O'Leary, and Frank Holmes recently took different side the gold (bullion) vs. gold stocks. Gold and gold stocks are two different asset classes and saying which one is better. One is a commodity (Gold) and the other is equity (Gold Stocks). It's like comparing multiple championships winning athletes, Sydney Crosby (NHL), Lebron James (NBA), and Tom Brady (Football) and saying...Read More
Cameco Corp. (TSX:CCO)(NYSE:CCJ) and Nutrien Ltd. (TSX:NTR)(NYSE:NTR) are both based in Saskatchewan, but that's pretty much where the similarity ends from the perspective of investors.Let's take a look at the two mining firms to see if on deserves to be in your portfolio today.CamecoIn early 2011, uranium traded for US$70 per pound, and Cameco was a $40 stock. Then the tsunami hit the coast of Ja...Read More
3D illustration depicting the envisaged underground mining operation at Paramount Gold's Grassy Mountain Gold Project 22 miles southwest of Vale, Oregon. Source: Paramount Gold Nevada Corp.Paramount Gold Nevada Corp. [PZG-NYSE American] will focus on securing vital permits for its 100%-owned Grassy Mountain Gold Project in Oregon after releasing the results of a pre-feasibility study on May 24, 20...Read More
South32 chief executive officer Graham Kerr has given his most frank assessment yet of the reasons behind the BHP spin-off's planned exit from its 27.5 million tonnes per annum South African domestic and export energy coal business.Barry FitzGerald*South32 CEO Graham Kerr25 MAY 201825/05/2018commentsshare His frankness in a presentation to Merrill Lynch's mega metals and mining conference in Miami...Read More
The long nuclear energy winter since Fukushima early this decade has claimed another uranium mine, with Paladin Energy reporting the 75%-owned Langer Heinrich operation in Namibia is being put on care and maintenance.Michael QuinnLanger Heinrich that latest uranium mine to fall victim to low yellowcake prices 25 MAY 201825/05/2018commentsshare The major operation will be progressively shut and cle...Read More
Northern Dynasty and First Quantum terminate Alaska framework dealNorthern Dynasty Minerals Ltd.'s [NDM-TSX; NAK-NYSE] shares sank on Friday May 25 after the company said a framework deal that could have given First Quantum Minerals Ltd. [FM-TSX] the right to earn a 50% interest in its flagship Pebble copper-gold project in Alaska has been terminated.Investors reacted to the news by sending Nor...Read More