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
Information made public by the Canadian Broadcasting Corporation states that management at Dominion Diamond Mines is worried about the profitability of its Ekati mine, located in the Lac de Gras region of the Northwest Territories, approximately 300 kilometers northeast of Yellowknife.The CBC quotes an official who said that, given such concerns, construction of a new open pit at the mine has been...Read More
RAPAPORT PRESS RELEASE, August 8, 2018, Mumbai ... Rapaport Laboratory (RapLab) is pleased to announce the use of the Vision360 diamond photography system to capture video images. The images are available for desktop and mobile viewing of diamonds graded by RapLab. A scannable QR code on the physical report and a link from the RapLab.com website enable easy access to the videos.Vision360 is an aut...Read More
Mining and metals stocks came in for more punishment on Tuesday as the trade spat between the US and China escalated amid a war of words between Washington and Beijing.On Tuesday, Donald Trump threatened to impose a 10% tariff on $200 billion of Chinese goods in retaliation for what the US president called the country's "predatory" trade practices. Beijing also ratcheted up the rhetoric accusing...Read More
Zinc concentrate treatment charges (TCs) continued its upward trend in August with smelters reluctant to accept lower offers, while lead concentrate TCs fell sharply in response to supply tightness. Fastmarkets assessed the zinc spot concentrate TCs, cif China at $170-190 per tonne on Friday August 28, rising by $5 from the previous range of $165-185 per tonne at the end of July. Offers of zi...Read More
"Arctic Star Exploration Corp. Completes Spring Exploration Program at Diagras Property, Northwest Territories, Canada -- #ArcticStar $ADD $ADD.CA $ADD.V #Timantti @ArcticStarExpl #Finland #Diamond #Mining #diamondsareforever --Read the News Release here: https://t.co/X7xqiYub0A"Read full newsRead More
Companies team up after lack of engagement by Nevsun managementRead full newsRead More
A tsunami of political correctness is washing over the entire world. It's not just the US. But it didn't just arise spontaneously in a vacuum.Continue...Read More
Harry Dent ??"?The Economic Storm Has Already Begun & The Brunt Of The Storm Might Hit By Year End#financialnews, #stockmarketnewstoday, #economicreportRead More
The gods' sense of humor is vastly underappreciated…For the past year President Trump has shimmied and crooned about the roaring stock market.He has made America Great Again... and the stock market has made America Rich Again.Sample quote, dated Jan. 5, 2018:Dow goes from 18,589 on November 9, 2016, to 25,075 today, for a new all-time Record. Jumped 1000 points in last 5 weeks, Record fastes...Read More
Base metals prices on the Shanghai Futures Exchange during Asian morning trading on Tuesday December 25 were broadly down led by nickel amid bearishness from a challenging macro-economic environment."The main factor pushing down base metals is the volatile macro-economic environment; last week the US Federal Reserve decided to raise interest rates again and there's still uncertainty over the...Read More
Jim Cramer talks with Barrick Gold CEO Mark Bristow about his company's bid for Newmont Mining.Read full newsRead More
Domestic steel prices for hot-rolled sheet in Russia's Central Federal District around Moscow went down in the week to Monday July 26, while prices for cold-rolled sheet and steel plate were unchanged, sources told Fastmarkets.Prices were under pressure from low levels of purchasing activity because buyers were expecting further price reductions, the sources added.Customers thought that mills woul...Read More
"$ETNB - 89bio Files Initial Registration Statement For U.S. IPO. Follow this and any other stock on Seeking Alpha! https://t.co/IPRSuxQnyV #stockmarket #markets #finance"Read full newsRead More
Wayne Paterson, chief executive of Admedus Ltd (ASX:AHZ), spoke to Proactive's Andrew Scott following the release of their quarterly update.It's a big week for Admedus with the launch of both CardioCel in India and CardioCel 3D in North America.CardioCel is the company's flagship product and is becoming a surgeon-preferred biomaterial for heart valve repair surgeries. Meet Reward Minerals Lt...Read More
PARIS, May 11 (Reuters) - Louis Dreyfus Company said on Friday it had completed the sale of its metals business to a Chinese investment fund for $466 million, as part of a push to revive profits by focusing on its core agricultural markets.Louis Dreyfus announced in December an agreement to sell LDC Metals to NCCL Natural Resources Investment Fund, without disclosing financial details.The metals b...Read More
Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.Wood Mackenzie senior consultant Lei Sun said: “Major crude oil importers such as China have been known to build their strategic reserves when prices are low, as seen in previous oil...Read More
By cutting out paper, improving tracking and allowing data sharing, blockchain is set to revolutionize mining as we know it. (Image: Autonomous truck at Rio Tinto'sPilbara operations Rio Tinto | Flickr.)Blockchain technology and the smart contracts it enables are the next step in the evolution of the mining and metals global supply chain, according to a paper published Thursday by global law firm...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets...Read More
Constantine Metal Resources (TSXV: CEM; US-OTC: CNSNF) has boosted the overall tonnage at its Palmer polymetallic project in southeast Alaska by 43% with a maiden resource for the project's AG zone.The AG zone, located 3 km from the main Palmer deposit, contains 4.25 million inferred tonnes grading 4.64% zinc, 0.12% copper, 0.96% lead, 119.5 grams silver, 0.53 gram gold and 34% barite, or 9.04% zi...Read More
Physical iron ore trading slowed on Tuesday April 30 ahead of the May Day holiday in China on May 1-4, while prices strengthened on news of production restrictions on mills in Tangshan.MB 62% Fe Iron Ore Index: $94.17 per tonne cfr Qingdao, up $0.12 per tonne. MB 62% Fe Pilbara Blend Fines Index: $93.20 per tonne cfr Qingdao, up $0.37 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $97.27 per ton...Read More