"Hundreds OfRead full newsRead More
By day, Peruvian police and soldiers search for and destroy equipment used by illegal gold miners in a part of the Amazon rainforest where mining has transformed once-dense foliage into a desert pocked with dead trees and toxic pools. As night falls, they play cards and soccer, call family from their remote outpost or have a medic pluck burrowing parasites from their feet.Read full newsRead More
McEwen Mining Inc. (MUX) (MUX.TO) provides an update on the fatal accident involving a contractor's employee that occurred on Monday, May 13, 2019 at the Gold Bar Mine in Nevada.The formal investigation by local authorities is not complete, but preliminary analysis by McEwen Mining suggests thatRead full newsRead More
"5 Top Weekly TSXV Stocks: Q1 Results Boost Cub Energy. Here are the other top gaining junior miners on the TSXV last week: https://t.co/myMjR07BLQ #TSXV #mining #stocks #investing"Read full newsRead More
"5 Top Weekly TSX Stocks: Water Rights Float General Moly's Boat. See who were the other top gainers in the resources community on the Toronto Stock Exchange from last week at https://t.co/cBTZIC0jH2 #TSX #stocks #investing"Read full newsRead More
The London Metal Exchange (LME) nickel market was last week gripped by the most acute tightness in a decade.Time-spreads flexed into backwardation as a long-running downtrend in exchange stocks squeezed short position holders.Falling inventory and tighter spreads are normally strong bull signals in a commodity market.And in nickel's case they seem to tally nicely with the International Nickel Stud...Read More
Here's a sign of how all-dominating the trade war has become in metals markets: Copper is slumping toward a three-month low even after Zambia moved closer to nationalizing some of its mines.The lack of a reaction is even more surprising when compared with other market moves. Zambia's Eurobond yields surged to a record high and the currency hit a 3 1/2-year low.Zambian President Edgar Lungu is esca...Read More
SolGold is in talks with financiers keen to invest in its Ecuadorian copper-gold prospects and mining major BHP could increase its stake in the company, SolGold's chief executive said on Monday.In a preliminary economic assessment of the Alpala copper-silver-gold deposit in northern Ecuador released earlier, London-listed SolGold said annual copper output should be 207,000 tonnes for the first 25...Read More
Vancouver-based Victory Metals (TSX-V:VMX) has big ambitions for its flagship Nevada vanadium project, Iron Point, based on a recent expansion to 5,382 hectares, drill results, and a $3.6 million private placement.Vanadium, used in the steel industry as a strengthening agent, and listed as a strategic metal, is in the midst of a bull market, due to Chinese steel demand and the advent of Vanadium R...Read More
The major gold miners' stocks are drifting sideways with gold, their early-year momentum sapped by the recent stock-market euphoria. But they are more important than ever for prudently diversifying portfolios, a rare sector that surges when stock markets weaken. Their just-reported Q1'19 results reveal how gold miners are faring as a sector, and their current fundamentals are way better than beari...Read More
While quarterly conference calls can be company-specific, there’s huge value in paying attention to the information that management teams reveal, even if you’re not invested in their stocks.Earlier this month, Kirkland Lake Gold Ltd (TSX:KL)(NYSE:KL) revealed its first- quarter results for 2019. Executives jumped on a call with analysts to discuss what happened and why.If you’re...Read More
The world's largest miner, BHP (ASX, NYSE: BHP), has lifted its forecasts for the global adoption and sales of electric vehicles (EVs), but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure does.BHP now estimates that at least 132 million EVs will be on the world's roads in 2035, and at least 561 million by the middle of the...Read More
The creator of one of the world's largest indoor rainforests, UK-based charity The Eden project, has partnered with aluminum giant Alcoa (NYSE:AA) to build a $150 million eco-tourism attraction at the company's former Anglesea coal mine, in Australia.The parties estimate the project could create 300 full-time jobs and attract thousands of visitors if it gains the support of the community, finds f...Read More
"There's nothing more interesting than the landscape of the human face."- Irvin Kershner, Director, Star Wars: The Empire Strikes BackI want to talk about your face...It's easily the most recognizable piece of you - for better or worse, depending on said face.Your face has the highest range of muscle fiber in your body; 43 muscles are linked to your facial expressions alone. In fact, the human fac...Read More
Toronto-based Wallbridge Mining Company must be pleased with the recent drill results at its Fenelon gold project, 75 km northwest of Matagami. Several new holes have cut wide zones of mineralization with intervals of visible gold extending Area 51 by 250 metres to the northwest.The results indicate the presence of stockwork-style gold mineralization with focused high grade veins and shear zones o...Read More
ATAC Resources of Vancouver is starting the first phase of exploration at its Rau project, at the western edge of the Rackla gold property 55 km northeast of Keno City. The current program will follow up on high grade gold-copper-silver results from last year.Phase one at Rau includes ground based induced polarization (IP) and magnetic surveys over a 12 km2 area including the Bobcat target and the...Read More
Vancouver-based Osprey Gold Development is planning to drill three of its five historic gold properties in Nova Scotia. The company can acquire a 100% interest in all five of the properties.The Goldenville project in Guysborough County is Osprey's most advanced project and the province's largest historic gold producer. The project hosts inferred resources of 2.8 million tonnes at 3.20 g/t gold or...Read More
May 21, 2019 Guest(s): Alex Laugharne Principal Consultant, CRU Group In the next five to ten years, the electric vehicle (EV) revolution will likely dominate the nickel space and will be sending prices much higher, this according to Alex Laugharne, principal consultant of CRU Group. Laugharne said that nickel sulfide producers and the metallurgical laterite producers, who are most closely linke...Read More
The major gold miners' stocks are drifting sideways with gold, their early-year momentum sapped by the recent stock-market euphoria. But they are more important than ever for prudently diversifying portfolios, a rare sector that surges when stock markets weaken. Their just-reported Q1'19 results reveal how gold miners are faring as a sector, and their current fundamentals are way better than beari...Read More
A summary of base metals premiums from across the globe for the week to Tuesday May 21.Please click...Read More