Etruscus Resources (CSE: ETR) and the Tahltan Central Government (TCG) signed this week a Communications Agreement regarding the Rock & Roll property, which is located in British Columbia's Golden Triangle and within Tahltan territory.The 5,309-hectare property, which has been explored since the late 1800s, is 100% owned by Etruscus. A 2018 NI 43-101 compliant inferred resource estimates the resou...Read More
The recent rally showed quite a bit of promise.Gold stocks surged past their long-term moving averages while breadth indicators surpassed all prior bear market peaks (excluding 2016). 71% of the HUI and 81% of GDXJ closed above the 200-day moving average.GDX and GDXJ looked to be on their way to $25 and $37, with Gold approaching $1360/oz and those breadth figures on the way to hitting 90%.However...Read More
Crystal Lake Mining's (TSXV: CLM; US-OTC: SIOCF) maiden drill program has uncovered a new copper discovery consisting of more than 20 mineralized zones at its 430 sq. km Newmont Lake project northwest of Eskay Creek in B.C.'s Golden Triangle.Last fall the company drilled 550 metres across four reverse circulation holes at the project's Burgundy Ridge target, hitting copper, gold and silver mineral...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Friday for a fifth straight day Friday after the U.S. economy added far fewer jobs than expected in February.Costco Wholesale (COST) posted stronger-than-expected second-quarter earnings but missed Wall Street's revenue estimates. Shares climbed 5.1%.Marvell Technology Group (MRVL) issued...Read More
Aluminium foundry premiums in Europe and the United States remain under pressure this month due to continuing weak demand in the automotive industry. Foundry premiums in Germany fell 5% month on month and are down more than 16% from the start of 2019. In Germany, the premium for silicon 7 aluminium wheel alloys over London Metal Exchange cash prices delivered to the Ruhr region with 30-day payment...Read More
Prices for long and flat stainless steel products in Europe were stable this week, but higher prices were beginning to emerge in the market following the increase in monthly surcharges, market participants told Fastmarkets on Friday March 8.The March surcharges for grade-304 cold-rolled (CR) stainless sheets increased to ?,?1,308-1,351 ($1,474-1,522) per tonne on March 1, according to data release...Read More
Base metals prices on the London Metal Exchange were collectively lower at the close of trading on Friday March 8, with most metals ending the week down despite strong fundamentals across the complex and continued market optimism over US-China trade resolution. Losing momentum over the afternoon, the three-month nickel price fell to just over $13,000 per tonne amid continued selling pressure. ...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
While some of the big miners were promoting messages of female empowerment for International Women's Day, the numbers show they fall well behind other global businesses in representation at the top.Only BHP beats the 29% average for FTSE 100 companies' proportion of female directors (non-executive or executive), with a third of its nine-member board women. The Big Australian also recently pro...Read More
Bob Moriarty ArchivesMar 8, 2019Quaterra Resources (QTA-V) owns the site of the oldAnaconda Copper Mine near Yerington in Nevada just outside of Reno. Part of the deposit, the MacArthur deposit, contains over 1.6 billion pounds of inexpensive and easy to process oxide copper. It could be put into production for about $233 million. A 2012 PES believed there would be a cash cost of $1.89 a pound and...Read More
Mining Journal spoke to Benchmark Mineral Intelligence analyst Caspar Rawles about pricing direction, supply and other trends in the market.Read More
There was no change to the composition of miners in the ASX 100 or 200, but five miners were added to the ASX 300.They were growing gold miners Ramelius Resources and Silver Lake Resources, high-grade producer Mount Gibson Iron, uranium play Paladin Energy and contractor Macmahon Holdings.Paladin was also added to the All Ordinaries.Also making the All Ords was newly listed Coronado Global Resourc...Read More
While drilling contractors around the world have got busier in the past year or so, and fleet utilisation levels have edged higher, new machine orders have generally remained sluggish."The biggest challenge is that credit is still tight and people's capital expenditures are still small, and the mining juniors are struggling to raise funds to do drilling programs," said Mayman, who replaced Jim Dol...Read More
He highlighted the importance of innovation, collaboration and reconciliation for the industry to succeed in a guarded conversation with PDAC president Glenn Mullan.Read More
Adam HamiltonArchivesMar 08, 2019 The widely-held mega-cap stocks that dominate the US markets recently finished reporting their Q4'18 financial results. Because the tenor of stock markets changed radically last quarter, this latest earnings season is more important than usual. An extreme monster bull market suddenly rolled over into a severe near-bear correction in Q4. How major corporations fare...Read More
Gold futures finished lower on Thursday as the European Central Bank slashed its forecast for eurozone growth and extended a pledge to hold off on interest-rate hikes until at least late this year, pressuring the euro and providing a boost to the U.S. dollar. The euro EURUSD, +0.3752% fell to four-month lows after the ECB said its ultralow interest rates wouldn't rise at least until late 2019. We...Read More
PLEASE NOTE: THE COT REPORT SCHEDULE IS NOW UP-TO-DATE & ON ITS NORMAL SCHEDULE WITH THE RELEASE OF THIS REPORT. Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 202,628114,61059,730155,732269,729418,090444,069 Change from Prior Reporting Period -34,20713,471-5,6729,690-36,158-30,189-28,359 Traders 18568814952269168 Small Speculator...Read More
The widely-held mega-cap stocks that dominate the US markets recently finished reporting their Q4'18 financial results. Because the tenor of stock markets changed radically last quarter, this latest earnings season is more important than usual. An extreme monster bull market suddenly rolled over into a severe near-bear correction in Q4. How major corporations fared offers insights into whe...Read More
By: IRA EPSTEINEU cuts back its growth forecasts. ECB update. Gold under a down thrust from a strong US Dollar. Inflation around the world not an issue right now. Gold on pause of this bear leg... Gold close to support?Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More