Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company reported an intersection of 28.1m grading 12.6% copper, which included 18m at 15.62%. Ero said initial drilling beneath the main ore zones of the Vermelhos mine encountered high-grade mineralisation about 70m below the Toboggan orebody, intersecting 13.4m grading 5.86% copper, which also included 8.4m gr...Read More
Gold prices have had a nice move so far this month. Should investors consider a gold based ETF or the gold mining stocks? A look at how they performed in the last bull and bear cycle may make their decision easier.Read full newsRead More
All production vehicles are hooked up to a private 4G network for Newcrest Mining.Read full newsRead More
Gold prices have had a nice move so far this month. Should investors consider a gold based ETF or the gold mining stocks? A look at how they performed in the last bull and bear cycle may make their decision easier.Read full newsRead More
"Resource Big News Roundup: Standard Lithium Announces Positive PEA; Allante Announces Proposed Qualifying Transaction with Wealth Copper; Talisker Enters into Agreements Further Increasing Spences Bridge Gold Belt Land Position https://t.co/1ziUiTgq7L #resource #investing #stocks"Read full newsRead More
Gold is finally surging to new bull-market highs! Several years after its last bull high, gold punched through vexing resistance after the Fed continued capitulating on ever normalizing. This huge milestone changes everything for gold and its miners' stocks, unleashing new-high psychology fueling self-feeding buying. With speculators not yet all-in and investors wildly underdeployed, gold has room...Read More
I'll be the first one to tell you that I missed the first cryptocurrency boom.It's one of the worst investing decisions I never made, and I don't intend to make the same mistake again.It wasn't that I didn't know about crypto, I just didn't understand it. And rarely - if ever - do I invest in things I don't understand; sometimes to a fault.This was back in January 2011, and I had already heard rum...Read More
Jun 24, 2019 Guest(s): Mark Chalmers President and CEO of Energy Fuels While concerns surrounding uranium mining near the Grand Canyon have garnered national media attention, one producer is petitioning the government saying it is essential to avoid a national security threat. Mark Chalmers, chief executive officer of Energy Fuels Resources is the company looking to produce uranium on this conte...Read More
Jun 24, 2019 Guest(s): Joyce Choi Director, Fixed Income Product Strategy at BlackRock Despite bond yields being at multi-year lows, the Fed is expected to continue cutting rates, further bringing down the U.S. 10-year yield, said Joyce Choi, director of fixed income strategy at BlackRock"We expect more G10 central banks to be in a more rate cutting or a maintenance of rates mode. We do expect o...Read More
Gold is finally surging to new bull-market highs! Several years after its last bull high, gold punched through vexing resistance after the Fed continued capitulating on ever normalizing. This huge milestone changes everything for gold and its miners' stocks, unleashing new-high psychology fueling self-feeding buying. With speculators not yet all-in and investors wildly underdeployed, gold has room...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
Zinc's three-month price on the London Metal Exchange was up by more than 2% at the close of trading on Monday June 24, settling at just under $2,500 per tonne. Just under 10,000 lots were exchanged.Despite a slight uptick in zinc's three-month price, storage and financing costs for the metal remain sizable. Zinc's forward spreads on the LME remain tight, with the cash/three-month spread recently...Read More
The benchmark for the supply of aluminium to main Japanese ports (MJP) in the third quarter of 2019 has settled at a premium of $108 per tonne cif over the London Metal Exchange cash price. The settlement represents a 3% increase from the second-quarter benchmark of $105 per tonne, which was set at the end of March. Deals for a total of 34,500 tonnes between three major producers, two consumers an...Read More
The discount for No2 copper scrap, comprising 94-96% copper content, narrowed in the Chinese market this month while more buyers began acquiring spot units after the first batch of quotas were announced for purchases in the second half of 2019.Fastmarkets' monthly assessment of the discount for No2 copper, birch/cliff stood at $0.29-0.35 per lb on a cif China basis, as of June 24, down from $0.34-...Read More
Bob Moriarty ArchivesJun 24, 2019Aurania seems to have turned into one of those bad news/good news stories. Keith hasn’t found theLost Cities Gold mines. Yet. However, his team of crack geologists led by Dr. Richard Spencer may have stumbled across something a lot bigger and more valuable.Theymay have discovered the first Kupferschiefer copper/silver depositfound or at least recognized in th...Read More
Bob Moriarty ArchivesJun 24, 2019Gold bulls are coming out of hibernation with even billionaires talking about how much they like gold. That tends to happen just before a correction. The gold bulls get frothy around the mouth; speculators pour money into gold contracts just in time to get whacked once more so they can whine about how gold and silver are manipulated and no one saw it coming.I&rsquo...Read More
The discount for No2 copper scrap, comprising 94-96% copper content, narrowed in the Chinese market this month while more buyers began acquiring spot units after the first batch of quotas were announced for purchases in the second half of 2019.Fastmarkets' monthly assessment of the discount for No2 copper, birch/cliff stood at $0.29-0.35 per lb on a cif China basis, as of June 24, down from $0.34-...Read More
Nyrstar will write down the value of its zinc-copper-gold Myra Falls mine by an additional ?,?30 million ($34.18 million), it said on Saturday June 22, bringing total 2018 impairment on assets to ?,?130 million. Specifically, the company is impairing ?,?117.2 million on its Myra Falls and Langlois mines, with its metal smelting unit taking a ?,?11.4 million write-down. "The company has continued t...Read More
Barminco will work on the C$397 million Khoemacau "starter project" that involves underground mining of sulphide ores.Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday June 21. China Key drivers Domestic antimony price in China was flat for the third consecutive week despite sparse trading activity. Many Chinese antimony suppliers remained resolute in refusing to sell their cargoes at below 40,000 yuan ($5,822) per tonne, citing mounting difficulty in sourcing cheap ore m...Read More