Shares in rare earths producer Lynas Corporation (ASX:LYC) jumped more than eight percent Monday, after being allowed to continue storing waste materials at its plant in Malaysia for now.The Australian miner, one of the world's main suppliers of rare earths outside China, has been under scrutiny by the country's new government over fears that its processing plant in Kuantan is harmful to locals a...Read More
As a general rule, the most successful man in life is the man who has the best informationA decision by the Chinese government to slash production of rare earth elements (REEs) has spooked customers of the materials used in everything from cell phones to electric vehicles to smart bombs. And for those who follow the rare earths market, it's like deja vu back to 2009, when China suddenly reduced it...Read More
NEW BRUNSWICK - Montreal-based Osisko Metals has intersected multiple high grade zinc-lead-copper zones in step-out drilling at the Main zone of its Key Anacon project about 20 km south of the town of Bathurst.Drill hole KAMZ-18-10, a step-out drill hole 30 metres below the Main zone deposit, intersected 8.30 metres grading 10.47% zinc, 3.47% lead, 0.03% copper, and 92.0 g/t silver.Step-out hole...Read More
Scania Australia revealed the new XT mining and construction range next-generation trucks at Melbourne's International Mining and Resources Conference (IMARC) today, giving the industry the first opportunity to examine the extra-tough truck in the metal.The all-new extra-tough Scania XT delivers a highly robust range of solutions for a wide variety of applications and can be configured precisely t...Read More
Latin America has been generating headlines in recent times. Brazil's ongoing political ructions, which include the emergence of a dominant far-right popular political party, fears that Argentina's economy is again on the verge of collapse, and the end of Latin America's longest-running civil conflict in Colombia have brought the region firmly under the spotlight. Further attention is being garne...Read More
A combination of weaker gold and some disappointing results saw the market heavily mark down precious metals streamer Sandstorm Gold (TSX:SSL)(NYSE:SAND) during August to see its down by almost 21% since the start of 2018. This decline in value is roughly triple the 7.3% lost by gold over the same period. While higher interest rates and a firmer U.S. dollar are weighing on precious metals stocks...Read More
October brings beautiful fall colours, but in 2018 it also brought some unwanted volatility to the TSX Index.Just as trees shedding their leaves is a necessary part of nature, giving way to new life next spring, sell-offs like we've seen over the past month create new opportunities for Foolish investors.Maxar Technologies (TSX:MAXR)(NYSE:MAXR) is a technology company undergoing a pretty significa...Read More
The International Council on Mining and Metals (ICMM) and leading suppliers have announced an ambitious plan to make mining vehicles cleaner and safer during the International Mining and Resources Conference (IMARC) in Melbourne, Australia.Following two innovation summits between ICMM members and suppliers, a governance model for collaboration has been designed and working groups have been estab...Read More
Mr. Dan Stuartof Juggernaut reports DSM SYNDICATE DISCOVERS SECOND HIGH GRADE ZONE ON GOLDSTAR PROPERTY WITH SAMPLES UP TO 20.6 GRAMS PER TONNE GOLD AND 761 GRAMS PER TONNE SILVER REMAINS OPENJuggernaut Exploration Ltd. andGoliath Resources Ltd. have released channel, chip and grab sample assay results from the Gold Star property at the newly discovered 190-metre-long Goldilocks quartz vein stockw...Read More
LONDON, ON. - Fortune Minerals reports that the governments of Canada and the Northwest Territories have accepted the environmental assessment approval for the modified Tlicho all-season road. The modifications were developed with the Tlicho government through a consultation process managed by the Mackenzie Valley Environmental Impact Review Board. The Tlicho government also approved the board...Read More
An extremely robust U.S. equities markets along with dollar strength put slight pressure on gold pricing today. The roller coaster ride that defines the U.S. equities market continues to oscillate strongly with significant gains today immediately following yesterday's dynamic selloff. Yesterday the Dow Jones Industrial Average traded within a range of over 900 points. Trading to a high which was a...Read More
(Kitco News)- Optimism ishigh among delegates at the London Bullion Market Association’s 2018 preciousmetals conference, even as general investors continue to ignore the sector.In aconference poll, 682 attendees said that they see gold prices rising to $1,532an ounce by the next conference in 2019. The outlookcomes as gold prices struggled to hold on to last week’s three-month high.Dec...Read More
BOSTON - (Kitco News)- While there is no clear consensus on where gold isgoing in the near term, the one thing most participants at the LBMA 2018 preciousmetals conference can agree on that nobody is paying much attention to thespace. “Gold is almost absent in traditional assetmanagement,” said David Seif, director and economist at Point72, in a paneldiscussion at the conference Monday...Read More
Mr. Rudi Fronk reportsSEABRIDGE GOLD DRILLING SUCCESSFULLY EXPANDS IRON CAP DEPOSIT AT KSMThe first two holes completed in this summer's drilling on the Iron Cap deposit at Seabridge Gold Inc.'s 100-per-cent-owned KSM project in northwestern British Columbia, Canada, have intersected some exceptional widths of gold and copper mineralization with grades exceeding the KSM resource average. Results f...Read More
Oct 30, 2018 Guest(s): Siddharth Rajeev VP, Head of Research, Fundamental Research Corp. Several macroeconomic forces are aligned to push commodity prices higher over the next year, this according to Siddharth Rajeev, head of research at Fundamental Research Corp."I think the fundamentals remain strong. Our outlook is that in the next 12 months, commodity prices should strengthen, mainly because...Read More
Critical Elements Corporation (TSX-V: CRE) (US OTCQX:CRECF) has completed its pilot plant program at the Outotec Research Centre, where the company is successfully converting spodumene concentrate from the Rose Project into battery grade lithium hydroxide using a thermal leaching process.The company reports the pilot plant conversion process yielded extraction rates of up to 93%, surpassing the...Read More
(Kitco News) - Gold prices aremodestly down in early-afternoon U.S. trading Tuesday. A strongerU.S. dollar index that scored a new for-the-move high today is weighing on the preciousmetals markets. A rebound in the U.S. stock market so far today is also anegative element for the safe-haven gold and silver markets. December gold futures were last down $2.10 an ounce at $1,225.40. December Comex sil...Read More
Mr. Dan Stuartof Juggernaut reports DSM SYNDICATE DISCOVERS SECOND HIGH GRADE ZONE ON GOLDSTAR PROPERTY WITH SAMPLES UP TO 20.6 GRAMS PER TONNE GOLD AND 761 GRAMS PER TONNE SILVER REMAINS OPENJuggernaut Exploration Ltd. andGoliath Resources Ltd. have released channel, chip and grab sample assay results from the Gold Star property at the newly discovered 190-metre-long Goldilocks quartz vein stockw...Read More
Peoria, Ill. - In October, representatives from Caterpillar, Finning Canada and Teck Resources gathered in East Peoria, Ill., to celebrate the milestone of the 40,000th Cat large dozer rolling off the production line. Core to Caterpillar's global identity, the current Cat large dozer line includes the D9, D10 and D11 models.The legacy of the Cat large dozer began a little more than 40 years ago...Read More
BOSTON - (Kitco News)- Gold and palladium are thedarlings of the precious-metals sector, but one analyst is paying moreattention to dark horses silver and platinum.In an interview with Kitco Newsduring the London Bullion Market Association annual conference, Johann Wiebe,lead precious metals analyst at GFMS, Refinitiv, formerly the Thomson ReutersFinancial and Risk Unit, said that while gold and p...Read More