Vancouver-based Victory Metals has expanded its landholdings at the Iron Point vanadium project to 5,382 hectares due to the results from recent reverse circulation drilling. The property is about 35 km from Winnemucca.The results from the final 17 RC holes continued to expand the extent of vanadium mineralization. Here are some of the highlights:21 meters grading 0.43% vanadium pentoxide, includi...Read More
McEwen Mining reported its first quarter results on April 9, along with the news that it is considering the sale of its Mexican assets. The net proceeds would be used to advance other development projects and retire a portion of the company's debt.The El Gallo heap leach complex in Sinaloa state produced 5,413 oz. of gold in Q1 2019. Gold is recovered from residual leaching of the heap. The proces...Read More
Para Resources (TSXV: PBR) will drill an initial five holes totaling 3,750 feet in conjunction with a geophysical program at its Tr-Ue gold vein near Oatman, Arizona, and 1.5 miles from the company's Gold Road mill and mine.The program will begin in May 2019 and explore around the historic United Western and United Eastern gold mines.United Western operated between 1928 and 1940, producing 40,000...Read More
Apr 10, 2019 Guest(s): David Morgan The Morgan Report Despite silver and gold have a tough year in 2018, David Morgan, editor of The Morgan Report, is not giving up on the precious metals markets yet. "I don't give up, and not because I'm stubborn. I'm seeing positive things in the gold market, once you get through $1,300 and level off and get through $1,350, I'm absolutely convinced the bull ma...Read More
Chinese economic growth is probably the main driver of both physical gold demand and the global bull market in stocks.Please click here now. I'm invested in China through ETFs, bank stocks, and... gold!With the possible exception of HSBC, most analysts in the West appear to be underestimating the resilience of a billion Chinese citizens working maniacally in the private sector. I'll go even furthe...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended slightly higher after the release of the Fed's March meeting minutes. Delta Air Lines (DAL - Get Report) beat Wall Street's first-quarter earnings expectations. The stock rose 1.6%. Apple (AAPL - Get Report) ended up after the tech giant received another downgrade from analysts at HSBC.Wall S...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Wednesday April 10, with three-month lead prices down by 1.5% while zinc was the only metal trading in positive territory. Volumes were thin over the day's trading, with copper's 12,735 lots topping the complex by the close, while a marginal uptick in the dollar index back above the psychologically signifi...Read More
A pick up in demand has effected universal upward pressure on nickel premiums in the United States, with increased liquidity in the European full-plate market pushing premiums up, while all Chinese premiums were trading flat amid the closed import window.Premiums tick up in fairly brisk US tradeUS premiums moved up for both nickel briquettes and 4x4 cut-cathodes in a busy domestic spot market, wit...Read More
Fastmarkets' alumina index fob Australia dropped 2% on April 10 from the previous day, due to a slight easing of tightness in the market. The daily fob Australia alumina index fell to $402 per tonne on Wednesday April 10 from $411.29 per tonne the previous day and 3.6% lower week on week from $417.29 per tonne. Key drivers Index pushes lower after a deal for Australian alumina was concl...Read More
PDAC 2019 - The World's Premier Mineral Exploration & Mining Convention - attracted 25,843 attendees from around the world this year. It was an opportune time to meet with key personnel from a number resource companies. Here are the Corporate Presentations from resource companies that we met with: Appia Energy Corp. (CSE: API; OTCQB: APAAF)Appia is a clean energy company. Exploring and devel...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday April 10 that are worth another look.Electric vehicles will shift to using solid-state batteries using lithium metal in the long term, but requisite developments in the manufacturing process mean batteries with liquid electrodes will remain in use until at least the late 2020s, DCDB Group managing partner Emily...Read More
Fastmarkets' alumina index fob Australia dropped 2% on April 10 from the previous day, due to a slight easing of tightness in the market. The daily fob Australia alumina index fell to $402 per tonne on Wednesday April 10 from $411.29 per tonne the previous day and 3.6% lower week on week from $417.29 per tonne. Key drivers Index pushes lower after a deal for Australian alumina was concl...Read More
According to its preliminary quarterly results released yesterday, Pan produced more than 10,000 ounces for the first time.Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), is pleased to announce that it has completed a second integration of its Venzee Mesh API content distribution platform with a previously announced Product Information Management (PIM) channel partner, following the release of its next-generation API.This technology channel partner is focused on digital supply...Read More
Zambian villagers will be able to pursue mining giant Vedanta Resources in the United Kingdom in a case involving lost income due to water pollution, the UK Supreme Court decided in a ruling on Wednesday April 10. The Supreme Court dismissed an appeal from Vedanta Resources and its Zambian subsidiary Konkola Copper Mines (KCM) that would have ensured the case proceed in Zambia, a company statement...Read More
Electric vehicles will shift to using solid-state batteries using lithium metal in the long term, but requisite developments in the manufacturing process mean batteries with liquid electrodes will remain in use until at least the late 2020s, according to Emily Hersch, managing partner of DCDB Group. "The practical reality of how [solid-state technology] goes from laboratory to supply isn't so much...Read More
As much as Democrats love wagging their fingers at all of us racists, homophobes and climate-changers, their first love, borne of longstanding political tradition, is kicking fallen bankers in the nuts. It doesn't hurt that in the eyes of the Democrats and America's flourishing grievance industry, many of the perps happen to be privileged white men. Wells Fargo's bankers in particular have been...Read More
Key data from the Wednesday April 10 pricing session in Europe.Key driversThe European ferro-titanium price moved up in the past week, while scrap markets also increased amid firm fundamentals that have fueled a price rally since March. Current business conditions are expected to persist through April and into May. There were reports that a major German steelmaker booked 150 tonnes of alloy for sh...Read More
The European domestic price of mesh-quality wire rod remained flat week on week on Wednesday April 10, with continued price stability expected over the coming weeks, market participants told Fastmarkets.Fastmarkets' weekly domestic price assessment for mesh-quality wire rod in Northern Europe was unchanged at ?,?535-550 ($603-620) per tonne delivered on Wednesday."We have filled our order books fo...Read More
AFP/Getty Images Gold futures settled at their highest in nearly two weeks on Tuesday, logging a second straight finish above $1,300, as weakness in the U.S. dollar and concerns over global growth provided a runway higher for the precious metal. Gold for June delivery GCM9, -0.16% on Comex rose $6.40, or 0.5%, to settle at $1,308.30 an ounce, after closing up 0.5% on Monday. The settlement was th...Read More