Precious metal stocks are percolating. It turns out all the sector needed was a hold-me-mommy crash in stocks to re-ignite interest. This morning's 4%-plus rip in the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) has spectators taking note. And if technical developments are any indication, thenRead full newsRead More
"The S&P/TSX Venture Composite Index was up slightly, rising by 4.76, or 0.69 percent, to 696.22. https://t.co/bdz9JzgHa0 #Investing #Resource #Gold"Read full newsRead More
Bonterra Resources Inc. (TSXV:BTR, US:BONXF, FSE:9BR1) (theRead full newsRead More
Telson Mining Corporation (TSXV:TSN, OTCBB:SOHFF) ("Telson" or the "Company") is pleased to report the following assay results from veins exposed in Level 12 Decline underground development at its Tahuehueto Mine Project.Read full newsRead More
Newrange Gold Corp. (TSXV:NRG, OTC Pink:NRGOF) (Read full newsRead More
NxGold Ltd. (TSXV:NXN) (Read full newsRead More
"Velocity Closes Non-Brokered Private Placement For Gross Proceeds of $1 Million @velocitymineral https://t.co/g6fjedh4KE"Read full newsRead More
NorthIsle Copper and Gold (TSXV:NCX) ("Northisle" or the "Company") is pleased to announce that drilling has commenced on its Pemberton Hills Property located on Vancouver Island, in British Columbia.Read full newsRead More
"Great Bear Discovers Key Ultramafic Geology During Summer Mapping Program at Dixie Project, Red Lake District https://t.co/J6UeEro1ZI @GreatBearGBR #goldmining #mining $GBR"Read full newsRead More
"Orsu Metals Reports Multiple Gold-Mineralized Intercepts in Drill Holes and Trenches at Adit 5, Sergeevskoe Gold Project, Russia https://t.co/5evPC3cUoB $OSU #OrsuMetals #goldmining #goldstocks"Read full newsRead More
"Initial Prospecting at Pacton's Friendly Creek in the Egina Area of the Pilbara Identifies Gold Nuggets @PactonGold https://t.co/KMYSan6aMR"Read full newsRead More
Mining at the Gruyere project, a joint venture between Gold Road (ASX: GOR) and Gold Fields (JSE, NYSE: GFI) in Western Australia, could begin as early as next month with first gold production expected to come in the second half of next year, the companies said Monday.Overall project engineering at the 270,000 ounce-a-year project, which is already more than A$100 million over its original budget...Read More
Oct 15 (Reuters) - Kazatomprom, the world's biggest uranium producer, said it will float up to a 25 percent stake in its planned initial public offering in London and Kazakhstan, as it looks to cash in on robust demand for the rare metal.Kazatomprom accounts for 20 percent of the world's uranium production and seven years on from Japan's Fukushima nuclear disaster, the beaten down uranium sector i...Read More
Oct 16 (Reuters) - Global miner Rio Tinto Ltd said its third-quarter iron ore shipments fell about 5 percent, hurt by planned maintenance and safety pauses across all operations following a fatality.Shipments from its Australian mines fell to 81.9 million tonnes in the third quarter compared with 85.8 million in the same period a year ago, the miner said, snapping four consecutive quarters of incr...Read More
The world's biggest miner BHP on Tuesday upped its share in SolGold Plc, bolstering its position against top shareholder Newcrest Mining as it eyes SolGold's promising Cascabel copper-gold project in Ecuador.Under the deal, SolGold will issue a 100 million shares to the company, raising its stake to 11.2 percent from 6.0 percent.BHP has agreed to pay 45 pence per SolGold share, which is offered at...Read More
As mining companies begin to adopt or mature their digitalisation strategies, major efficiency and performance gains will be made during the mineral exploration process. Micromine Product Strategy Manager Mark Gabbitus will discuss this topic as a guest speaker at the inaugural Australian Geoscience Council Convention (AGCC) in Adelaide from October 15th - 19th 2018.Titled 'Exploration on the Edge...Read More
While not as exciting as the transformation in the auto market with the shift to electric vehicles, demand growth from batteries used for renewable energy storage has the potential to have a bigger impact on mining.One of the prime technologies that could grab market share from lithium ion for large scale storage systems is so-called vanadium redox flow cells.The rally in vanadium prices is only a...Read More
Gold still has a place in many portfolios. During last week's market mayhem, the metal showed exactly why. While the rest of the market was melting down, gold jumped higher. Thanks to the built-in operational leverage enjoyed by most gold producers, these stocks saw their shares do even better than the price of gold. The old adage is true; spooked investors still take solace in precious metals.Don...Read More
I chimed in on the capriciousness of copper in the late spring (Mercenary Musing, May 28, 2018).Since then, copper prices hit a 3.5 year high at $3.29/lb in early June but then lagged over the summer months. Weakness continues unabated with Friday's close at $2.86 equating to a 13% loss from its ephemeral high in June:Strong demand from China includes an all-time record for concentrate imports in...Read More
For the most part, gold has held on to the recent gains which occurred on Thursday of last week and continued into trading yesterday. Currently, gold futures basis the most active December Comex contract is trading down $2.30 and is fixed at $1,228 per ounce. Gold traded to an intraday high today of $1235.90, which is just below yesterday's high. However, gold could not hold onto its modest gains...Read More