Popular News

Chris Martenson's Weekly News Update

November 25, 2018 / marketsanity.com

In this week's video update, Chris discusses being on the precipice of disaster in so many different areas of world. Insect population collapse, the financial systems, and how we interact with each other on a global level.Read the latest articles at Peak Prosperity: https://www.peakprosperity.com/Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend f...Read More

Venezuela pays miner $425m in move to safeguard Citgo

November 26, 2018 / www.mining.com

Venezuela made an partial payment of a settlement designed to resolve a $1.2 billion arbitration award to a bankrupt Canadian gold miner that's laying claim to the assets of the parent of refiner Citgo Holding Inc. if it's not paid in full.Crystallex International Corp. received $425 million in November, and will suspend all enforcement efforts until at least early next year, according to Canadian...Read More

Asia's slab prices stable amid lack of offers, bids

November 27, 2018 / www.metalbulletin.com

Import prices for steel slab in Southeast Asia and East Asia were unchanged over the past week in a quiet market, with no new trades or negotiations heard.Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $460-470 per tonne cfr on Monday November 26, flat with the prior week.No bookings were reported. As a result, market participants agreed that the trada...Read More

Macassa No.4 headframe rises over Kirkland Lake

November 26, 2018 / www.mining.com

ONTARIO - The skyline of Kirkland Lake changed recently when the 65-metre-tall concrete headframe for Kirkland Lake Gold's new Macassa No.4 shaft was slip formed in just 10 days.Another significant event in the No.4 shaft construction occurred when the team of Cementation, Tesc, Anmar, Northern Equipment, Niiwin GP, Shaba Testing, Peter Bull, MDB Mining, the Ontario Provincial Police, and Kirkland...Read More

Eldorado Gold's Bolcana project has 6.5m ounces of gold

November 26, 2018 / www.mining.com

A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six km from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper, was based on 98 diamond drill...Read More

Allow Americans to 'Opt Out' of Abortion and War - Ron Paul

November 26, 2018 / marketsanity.com

The Department of Health and Human Services (HHS) recently released proposed rules allowing individuals to opt out of Obamacare's abortion and contraception mandates for moral or religious reasons. These new rules should be cheered by all who agree with Thomas Jefferson that forcing people to subsidize that which they find abhorrent is "sinful and tyrannical."Sadly, Congress continues to pass, and...Read More

Newmont's Subika underground in Ghana starts commercial production

November 26, 2018 / www.mining.com

Newmont Mining's (NYSE: NEM) Ahafo mine in western Ghana started producing gold from an open pit in 2006 and now the underground portion of the mine has launched commercial production on schedule and within budget.Starting next year, Subika underground will add an average of between 150,000 and 200,000 ounces of gold production a year over the first five years of an initial mine life of about 10 y...Read More

Zimbabwe sees no radical change for platinum, diamond ownership

November 26, 2018 / www.mining.com

* Majority ownership only applies now to diamonds, platinum* Some miners see scope for flexibility* Government to lay out frameworks to various mineralsLONDON - Zimbabwe does not plan to change its ownership rules for diamonds and platinum, its mining minister said on Monday, denting hopes among some miners the country will open up ownership as it announces mineral frameworks in coming weeks.Zimba...Read More

Chinese scientists are creating genetically edited babies

November 25, 2018 / marketsanity.com

This type of gene editing process has a wide variety of applications including use as a basic biology research tool, development of biotechnology products, and potentially to treat diseasesContinue...Read More

GLOBAL VANADIUM WRAP: China export prices drop on lull in consumer buying

November 27, 2018 / www.metalbulletin.com

Prices for ferro-vanadium and vanadium pentoxide from China slipped in the week ended Friday November 23 after sellers cut their export offers amid a lull in consumer buying and hesitance to purchasing at high levels. European prices held at all-time highs, despite talk of cheaper numbers, with sellers so far under no pressure to cut their offers.  Chinese vanadium prices tick down on bearish...Read More

Seabridge gold closes $14m private placement

November 26, 2018 / www.mining.com

Toronto, Ontario - Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) (the "Company" or "Seabridge") announced today that it has closed its previously announced non-brokered private placement of one million common shares of the Company at a price of $14.00 per share for gross proceeds of $14,000,000. No commissions were payable on this transaction. The proceeds from the financing will be used to fund gener...Read More

Goldman predicts commodities will soar in 2019 as oil, gold climb

November 26, 2018 / www.mining.com

Commodity bull Goldman Sachs Group Inc. is undaunted by the sell-off in raw materials and is forecasting returns of about 17 percent in the coming months, describing the current situation as unsustainable and touting this week's G-20 meeting in Buenos Aires as a potential turning point."Given the size of dislocations in commodity pricing relative to fundamentals - with oil now having joined metals...Read More

Jim Rickards: Expect Oil to Rebound

November 26, 2018 / marketsanity.com

My model for forecasting oil prices has three top-level factors, represented graphically by arrows pointing up, down or sideways. An up arrow is colored green and pointsContinue...Read More

Rio Tinto leads copper charge into Western Australia's Paterson region

November 26, 2018 / www.mining.com

MELBOURNE - A hive of mine exploration activity is underway in a remote corner of Western Australia's Great Sandy Desert, led by Rio Tinto Ltd , which has boosted its holdings 10-fold in the little explored Paterson province in the past year.Rio's interest in the area - flagged by its application for nearly 30 exploration licenses - has sparked a stampede into adjacent lots by other explorers, who...Read More

Saudi Arabia targets $64B in mining revenue by 2030

November 26, 2018 / www.mining.com

CAIRO - Saudi Arabia aims to raise the kingdom's mining revenues to $64 billion from $17 billion by 2030, Energy Minister Khalid al-Falih said on Monday.Mining vast untapped reserves of bauxite, phosphate, gold, copper and uranium is key to the Saudi Arabia's efforts to diversify its economy away from hydrocarbons.Studies indicate that the level of the likely geological reserves in the kingdom exc...Read More

Martin Armstrong: Central Banks Looking at Creating Their Own Cryptocurrencies - One Step Closer To Losing All Our Freedom

November 26, 2018 / marketsanity.com

The IMF has recommended that all Central banks should issue their own cryptocurrencies. Indeed, they are looking at using Block Chain to keep track of taxes and to Continue...Read More

John Rubino: Has This Become A "Short Everything In Sight" Market?

November 25, 2018 / marketsanity.com

One of the strangest things about this strangest-ever expansion has been the way pretty much everything went up. Stocks, bonds, real estate, art, oil - some of which Continue...Read More

Capstone Mining mulls selling stake in Chile-based copper-iron project

November 26, 2018 / www.mining.com

Canada's Capstone Mining (TSX:CS) is considering selling a portion of its large scale 70%-ownedSanto Domingo copper-iron project in Chile, as part of a strategic process kicked off today after the release of a positive technical report.The Vancouver-based company said the project, is located 50 km southwest of Codelco's El Salvador copper mine, said the report reveals that Santo Domingo has an aft...Read More

Nova Scotia miner starts drilling in Mali

November 26, 2018 / www.mining.com

Roscan Gold (TSX-V: ROS) announced that it is moving forward with the development of its Kandiol?(C) Project and has just started a 3,500-metre Air Core drilling program, designed to test several of the numerous gold geochemical anomalies identified at the site.Kandiol?(C) is 100%-owned by the Canadian miner and it is located in the gold prospective Birimian Rocks of West Mali, east of B2Gold's Fe...Read More

Goldcorp and IBM find way to improve predictability for gold mineralization

November 26, 2018 / www.mining.com

Goldcorp (TSX:G, NYSE:GG) and IBM Canada (NYSE:IBM) just launched IBM Exploration with Watson, a new technology that applies artificial intelligence to predict the potential for gold mineralization and is also capable of using search and query capabilities across a range of exploration datasets."The potential to radically accelerate exploration target identification combined with significantly imp...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok