The Siberian Coal Energy Company or SUEK has partnered with Zyfra Group's subsidiary VIST Group, to develop an unmanned drilling technology at the Tugnuysky coal mine, located on the border between the Buryatia and Chita regions in south-central Siberia.Officially created in 1989, the open-pit operation has an annual output of approximately 12.5 million tonnes of low-nitrogen hard coal, which is m...Read More
About 50,000 people rallied this week in the Colombian city of Bucaramanga to express their opposition to the Soto Norte gold project.The $1.2-billion project, proposed by Sociedad Minera de Santander or Minesa, is located in the north-central Santander department, just outside the P??ramo de Santurb??n, an area of the Andes mountains covered with subalpine forests above the continuous tree line b...Read More
Large diversified miners saw another 12 months of consistently increasing profit margins and cash flows in FY2018.According to Fitch Solutions, the positive numbers are a result of miners streamlining their operations, cutting debt and expenditures, increasing production efficiencies, and incorporating advanced technology in operations to further enhance productivity and reduce costs."Building on...Read More
Compelling supply and demand projections for copper in the years ahead makes the red metal one of the favourites of industry observers, who see flat-lining mine supply running into increased demand as the world continues to achieve greater electrification. Here's a look at eight active juniors with substantial copper assets in their property portfolios.AURYN RESOURCESWhile Vancouver-based junior A...Read More
Here are five Fastmarkets MB stories you might have missed on Friday May 10 that are worth another look.Primary aluminium foundry alloy premiums in Europe were steady on Friday May 10 in a quiet market, while bearish sentiment from the automobile industry continued to cap premiums. The premium for silicon 7 aluminium wheel alloys over London Metal Exchange cash prices delivered to the Ruhr region...Read More
May 10th, 2019(S14-E695)Featured GuestsDavid Morgan & Bill MurphyPlease Listen HereInterview Recap05/08/2019 MAJOR FINDING - "Off-World Rosetta Stone" decoded in FRB 121102 reveals English to ancient off-world text deciphering via a proprietary method.(05/09/2019) 2nd US Patent - "Rosetta Stone Algorithm for Deciphering Interstellar Messages"Signalhunters.net notes the US Patent Office processe...Read More
By: Ira EpsteinGold is sitting at 18-month average, sideways since 2017 -- a phenomenal base or top forming. Weekly gold, under 18-week moving average, bears in control of the market - $1,309.10 resistance:Read More
McEwen Mining Inc. (NYSE: MUX, TSX: MUX) is a gold and silver producer, with principal assets in the Americas: the San Jos?(C) mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada; and the large Los Azules copper project in Argentina, advancing towards development. We learned from Mr. Rob McEwen, who is Chief...Read More
May 10th, 2019(S14-E695)Featured GuestsDavid Morgan & Bill MurphyPlease Listen HereInterview Recap05/08/2019 MAJOR FINDING - "Off-World Rosetta Stone" decoded in FRB 121102 reveals English to ancient off-world text deciphering via a proprietary method.(05/09/2019) 2nd US Patent - "Rosetta Stone Algorithm for Deciphering Interstellar Messages"Signalhunters.net notes the US Patent Office processe...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price didn't do much of anything in Far East trading on their Friday -- and the low tick of the day, such as it was, came minutes after the London open. It chopped quietly and unevenly higher from there, with every tiny rally attempt turned back before it could get too far. The high tick, such as it was, came at noon in Ne...Read More
By: Ira EpsteinGold is sitting at 18-month average, sideways since 2017 -- a phenomenal base or top forming. Weekly gold, under 18-week moving average, bears in control of the market - $1,309.10 resistance:Read More
Underfunded FuturePension Fund Underfunding Is a Local ProblemMake the Children PayThe Strategic Investment Conference and Possible RecessionsOne difficulty in analyzing our economic future is the sheer number of potential crises. When so much could go wrong (and really right, when the exponential technologies I foresee get here), it's hard to isolate, let alone navigate, the real dangers. We...Read More
Steel billet prices were largely stable in most regions in the week ended Friday May 10, with many market sources expecting prices to fall in the near term because of declining scrap prices and weak buying interest.Fastmarkets' daily index for Northern Europe-origin HMS 1&2 (80:20) scrap was $289.83 per tonne cfr Turkey on May 10, down from $296.04 per tonne cfr Turkey on May 3.Turkey, EgyptTurkis...Read More
Erik Townsend and Patrick Ceresna welcome Charlie McElligott to MacroVoices. Erik and Charlie discuss the impact of policy change on the yield curve, the drivers of volatility in rates, and futures driven equity unwind and more.Read More
According to a new study conducted by the Food and Drug Administration, the chemicals in sunblock don't just sit on the surface of your skin. Instead, they seep into the Continue...Read More
About 50,000 people rallied this week in the Colombian city of Bucaramanga to express their opposition to the Soto Norte gold project.The $1.2-billion project, proposed by Sociedad Minera de Santander or Minesa, is located in the north-central Santander department, just outside the P??ramo de Santurb??n, an area of the Andes mountains covered with subalpine forests above the continuous tree line b...Read More
Large diversified miners saw another 12 months of consistently increasing profit margins and cash flows in FY2018.According to Fitch Solutions, the positive numbers are a result of miners streamlining their operations, cutting debt and expenditures, increasing production efficiencies, and incorporating advanced technology in operations to further enhance productivity and reduce costs."Building on...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price didn't do much of anything in Far East trading on their Friday -- and the low tick of the day, such as it was, came minutes after the London open. It chopped quietly and unevenly higher from there, with every tiny rally attempt turned back before it could get too far. The high tick, such as it was, came at noon in Ne...Read More
By: Ira EpsteinGold is sitting at 18-month average, sideways since 2017 -- a phenomenal base or top forming. Weekly gold, under 18-week moving average, bears in control of the market - $1,309.10 resistance:Read More
Is it time to be looking to buy Silver?Into the Feb 2019 highs, traders had turned verybullish on the metals, understandably so, as the metals had been rallying for anumber of months from their respective 2018 lows. Upside targets were beingincreased from the precious metals Gurus, and traders/investors were buying theshort term bullish hype. However whilst many traders had arrived late tothe part...Read More