Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Base metals prices on the London Metal Exchange were mixed during morning trading on Tuesday February 5, with most metals consolidating gains made at Monday's close while low stocks and a weaker dollar fail to prompt upward price action. Across afternoon trading on Monday, nickel, zinc and lead futures rallied to reach fresh highs, with low liquidity due to the Chinese New Year holidays contributi...Read More
No rate hike today.As roundly expected, the Federal Reserve held steady.Mr. Jerome Powell claimed his band of 12 would be "patient" with rate hikes.But we are not so concerned with the day's changing scenery, the shifting kaleidoscope.Our concern is rather the grand sweep, the long view... the perspective of the circling eagle.Today we attempt a wider glance.What holds the eternal key to growth an...Read More
Oversupply continued to push European cobalt metal prices downward in January 2019, with buyers stepping back from the spot market amid a shared negative outlook.Meanwhile, the Chinese price for cobalt sulfate ticked upward because of stockpiling before the Lunar New Year holiday, February 4-10.Price movesThe cobalt benchmark price moved below $20 per lb in late January, with persistent selling pr...Read More
Trades of small volumes led to a small fall in manganese ore prices in the week ended Friday February 1, while most producers expect to return to the market after the Chinese New Year holiday (February 4-10). Low- and high-grade manganese ore prices in China tick down Low grade fob ore index stable due to freight rate fall Tight supply supports silico-manganese price in Europe H...Read More
Hydrologists and computer scientists at 7 U.S. institutions led by Colorado School of Mines are teaming up to increase access to state-of-the-science water modeling tools. Understanding the movement and availability of water locally and across the country is of paramount importance to both economic productivity and the human health of the nation. Decades of hydrology and computer science advan...Read More
Over the last four years, Pure Gold Mining (TSXV: PGM) has doubled the indicated resource for its Madsen gold project in Red Lake, one of the highest grade undeveloped gold deposits in the world.The company released an updated resource estimate today that sees Madsen's indicated resource jump by 319,000 ounces of gold (18%) to a total of 2.06 million ounces contained within 7.19 million tonnes at...Read More
Record palladium prices and a weaker rand are lifting the gloom enveloping South Africa's platinum industry.For South African producers, the rally in palladium is partially offsetting the slump in platinum prices to near a decade low. Combined with a decline in the rand, which lowers costs for miners selling metal for dollars, that's extending a lifeline to companies such as Impala Platinum Holdin...Read More
Executives, investors and government officials meet in Cape Town this week at the African Mining Indaba, the continent's biggest gathering of one of its most essential industries.The gold sector is a hot topic this year, after two giant deals reignited interest in bullion producers, prompting speculation over who might be next. Tailings dams are also in the spotlight, after Vale SA's disaster in B...Read More
Newfoundland-headquartered gold junior Aurion Resources' (TSX-V: AU) stock soared over 27% on Tuesday after reporting new high-grade assay results from drilling at the Aamurusko prospect on its Risti project in northern Finland.Two of the first three drillholes intersected high-grade gold mineralization near surface, with 42.28 g/t Au over 4.00 m intersected in one drillhole and 24.50 g/t Au o...Read More
BlueRock Diamonds (LON:BRD) said Tuesday it had recovered an "exceptional" 8.97-carat stone at its Kareevlei mine, in the Kimberley region of South Africa.It is the second largest stone mined from Kareevlei and the third valued at more than $50,000. The other two were a 7.76 carat stone sold for $10,070 per carat in 2017 and a 10.58 carat diamond sold for $7,047/carat in 2018.The 8.97 carat stone...Read More
Brazilian miner Vale SA on Tuesday declared force majeure on some iron ore contracts after a court-ordered halt to a mine responsible for nearly 9 percent of its output following a dam burst which likely killed more than 300 people.The force majeure on some iron ore and pellets sales contracts came after a court on Monday ordered it to stop using eight tailings dams, including one affecting produc...Read More
Vale SA said it's temporarily halting some operations at its Brucutu mine, potentially causing a production loss of about 30 million metric tons of iron ore a year - a move that an analyst said could cause "incremental supply shock." Iron ore in Singapore climbed.The move is in compliance with a Brazilian court order issued to help improve safety after one of Vale's tailings dam in Minas Gerais st...Read More
A report commissioned by Brazilian miner Vale SA last year to look into the stability of the tailings dam that ruptured Jan. 25 certified it as sound but raised concerns over its drainage and monitoring systems, newspaper Folha de S. Paulo reported on Tuesday.The report by German-based T?oeV S?oeD, which Folha said it had access to, made 17 recommendations aimed at improving the stability of the s...Read More
What looks like a quiet field in a tropical landscape soon becomes a disaster area. A video made public by Brazilian television shows the exact moment when a dam at Vale's (NYSE:VALE) C??rrego do Feij??o mining complex burst and covered with mud neighbouring buildings in Brumadinho.The accident, which took place on January 25, killed over 100 people and forced dozens out of their homes. Rescue tea...Read More
Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Brazil's second largest mine, behind Vale's Caraj??s.Read full newsRead More
Commodities Analysis by Investing.com (Barani Krishnan/Investing.com) covering: Crude Oil WTI Futures, Vale SA ADR, Nickel Futures, Lumber Futures. Read Investing.com (Barani Krishnan/Investing.com)'s latest article on Investing.comRead full newsRead More
"Just aired: Our #SuperBowl commercial. When everybody plays, we all win. https://t.co/6EEhbvWMN8 #SBLIII https://t.co/bztkL9AUOT"Read full newsRead More
Petitioner Entitled to Award's Confirmation Except for Its Post-Judgment Interest RateRead full newsRead More
February 5th, 2019 - Vancouver, British Columbia - Toronto, ON - NexTech AR Solutions (the "Company" or "NexTech") (CSE: NTAR) (OTC: NEXCF)(FSE:N29) is announcing today that it is accelerating the expiry date of all outstanding common share purchase warrants dated March 29, 2018 (the Warrants) of the Company issued pursuant to a private placement (the Warrant Certificates). The proceeds from the e...Read More
After years on the sidelines, gold producers are mining world's hottest topic, as the industry gathers in Cape Town this week. Read for details.Read full newsRead More