Eric Sprott and New York-based Tocqueville Asset Management, both of which already own stakes in the company, will participate.Read full newsRead More
Gold and silver prices rose on Wednesday after the US Federal Reserve said it will be leaving interest rates unchanged.Read full newsRead More
"Mining in Argentina has the potential to become an economically significant sector for both the nation and investors. https://t.co/dD3KLJ5caG @FalconGoldCorp #mining #gold #copper #investing"Read full newsRead More
Blackrock Gold Corporation (TSXV: BRC) (Read full newsRead More
"CEO Interview - Triumph Gold VP of Exploration Tony Barresi: The Deepest Drill Program in Yukon History https://t.co/NfvM764wj9 @TriumphGoldCorp #gold #yukon #exploration"Read full newsRead More
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...Read full newsRead More
With gold finally showing signs of going on a rally, speculation over the effect this could have on junior gold stocks dominated the mining news this week. In an interview with Kitco News, Randy Smallwood, CEO of Wheaton Precious Metals (TSX: WPM), said the latest move to over $1,400 an ounce could spark further investment in gold exploration and mining if it is sustained. B...Read More
Gold has finally broken out to the upside.In Asia trading on Thursday, Gold exploded through the $1360 to $1370 resistance zone and was able to hold the gains throughout the day, closing above $1395/oz.As we pen this article, Gold has to chance to break $1400/oz by the weekend. The close of the month (and quarter) next week will provide an additional clue as to the sustainability of this strength....Read More
In its continuing effort to be as tone deaf as possible, Facebook went ahead and announced that it is going to try to launch a cryptocurrency.It is going to be called Libra, it is going to be run by a subsidiary called Calibra, and if there is some kind of digital hell in our future, it will be part of it.Cryptocurrencies seem very similar on the surface, and for the most part they were up until s...Read More
Gold has finally broken out to the upside.In Asia trading on Thursday, Gold exploded through the $1360 to $1370 resistance zone and was able to hold the gains throughout the day, closing above $1395/oz.As we pen this article, Gold has to chance to break $1400/oz by the weekend. The close of the month (and quarter) next week will provide an additional clue as to the sustainability of this strength....Read More
Peninsula Energy Ltd (ASX:PEN) could benefit from President Trump's steps to protect domestic production of uranium following the US Department of Commerce's finding that the nation's reliance on imports was a national security risk.The company holds the largest defined uranium resource of any currently producing project in the US at its Lance Uranium Projects in Wyoming, US.Peninsula has a produc...Read More
Fastmarkets has standardized the names of our metals and minerals prices across our product suite for ease of use and greater transparency.The aim of this exercise is to make it as easy as possible for our licensed users to identify and use our pricing data. As of two weeks from the date of this notice, all Fastmarkets price names will follow this structure, where possible: commodity + product/gra...Read More
Premiums for nickel full plate surged in China this week following an arbitrage-driven rally that saw Fastmarkets' premium assessments for the material in Shanghai hit historic highs.Fastmarkets' assessment of the premium for nickel, 99.8% purity, full plate, cif Shanghai, climbed to $350-410 per tonne on Tuesday June 18, an increase of 69% from $210-240 per tonne a week prior and the highest sinc...Read More
Nickel's three-month price on the London Metal Exchange edged lower during morning trading on Friday June 21, pressured by a continued draw on the exchange's dwindling supply. Some 2,778 tonnes of full-plate nickel cathodes were freshly booked out of LME-registered warehouses this morning, prompting the downturn in price movement. The metal's futures price was still trading above the nearby $12,00...Read More
Fastmarkets has standardized the names of our metals and minerals prices across our product suite for ease of use and greater transparency.The aim of this exercise is to make it as easy as possible for our licensed users to identify and use our pricing data. As of two weeks from the date of this notice, all Fastmarkets price names will follow this structure, where possible: commodity + product/gra...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended down Friday, but held onto most of the week's gains following reports that President Donald Trump ordered, but then rescinded, an airstrike on military installations in Iran. Shares of Canopy Growth (CGC - Get Report) tumbled after the company posted a wider loss on better-than expected reven...Read More
Manganese ore availability in Chinese ports is tighter than high stocks suggest because market participants are avoiding selling into falling markets, which is leading to "frozen stocks," market sources report. Manganese ore prices have fallen by as much as 8% over the past month due to deteriorating sentiment, aggressive bidding and high stocks. Fastmarkets' 37% manganese ore index, cif Tianjin d...Read More
CSIRO spinout NextOre this week confirmed it had raised A$2 million of private funding to expand manufacturing and sales of its Magnetic Resonance (MR) ore sorting sensor system. WorleyParsons investment offshoot Advisian Digital has apparently increased its investment in NextOre.Investment broker and advisor RFC Ambrian, a partner in the business, said the founding shareholders had been joined in...Read More
Austrian development contractor Züblin will use Epiroc drill rigs and loaders at El Teniente, with deliveries said to be underway and set to continue into next year.Epiroc said the machines would be equipped with its Certiq telematics system for "automated and intelligent monitoring of productivity and machine performance". Read More
Fastmarkets has standardized the names of our metals and minerals prices across our product suite for ease of use and greater transparency.The aim of this exercise is to make it as easy as possible for our licensed users to identify and use our pricing data. As of two weeks from the date of this notice, all Fastmarkets price names will follow this structure, where possible: commodity + product/gra...Read More