Ganfeng Lithium, China's No.1 producer of the battery metal, has signed a new contract with Tesla to supply the electric vehicles maker with battery-grade lithium hydroxide products for three years starting in 2022.The world's top lithium miner by market capitalization did not provide details on price or volumes agreed in the deal, but said that information would be determined by Tesla's purchase...Read More
Operations at Peru's Antamina copper and zinc mine, jointly owned by Glencore (LSE: GLEN), BHP (NYSE: BHP; LES: BHP; ASX: BHP), Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) and Mitsubishi, were suspended on October 31 due to an ongoing roadblock set up by local residents who believe the mine has not lived up to its commitments to support local communities."We don't want to wait until something...Read More
Copper production in Chile, the world's top copper producer, registered in September its worst month for copper since February on the back of labour disruptions and falling ore grades at the country's aging mines.The country's output dropped 6.9% year-on-year in September to 451,128 tonnes and 3.4% from August, government statistics agency INE said on October 29.Soaring copper prices this year ha...Read More
Canadian explorer Green Battery Minerals (TSXV: GEM; US-OTC: GBMIF) is focused on advancing its flagship Berkwood graphite project in northern Quebec, about 285 km north of Baie-Comeau.Graphite is a critical mineral that makes up most of the anode in the lithium-ion batteries used in electric vehicles and energy storage technologies."With electric vehicle demand set to soar over the next several...Read More
Novo's focus is to evaluate, acquire and explore gold properties. The Company has an experienced management team in place, which has extensive expertise in identifying properties that have the best potential.Read full newsRead More
TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- The latest assay results from a regional exploration program confirm the continuity and down dip extensi...Read full newsRead More
VANCOUVER, British Columbia, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) ("Sabre Gold" or the "Company") is ...Read full newsRead More
TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 17,213 oun...Read full newsRead More
TRU Precious Metals Investors find information on TRU's capital structure, stock quote, investor deck and fact sheet here.Read full newsRead More
Management Nominees elected as directors for the ensuing year; other management motions passed, as expected Toronto, Ontario--(Newsfile Corp. - Oct...Read full newsRead More
Tres-Or Resources Ltd. is pleased to announce commencement of a nRead full newsRead More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - The Federal Reserve is on the cusp of shifting its monetarypolicies, but it won't be enough to stop the growing inflation pressures, andit is only a matter of time before investors return to gold to pr...Read More
Believe it or not, a technology used to water the Hanging Gardens of Babylon still dominates a part of our power infrastructure.Behold its first version, the revolutionary Archimedes' Screw.The concept is incredibly simple (and predates Archimedes by centuries). You turn a screw threaded through a pipe or trough and it pulls water up.Human power was replaced by motors late in the 1800s and the ext...Read More
(Kitco News) The Federal Reserve's digital dollar is a "scary" concept because it is all about having direct control over currency and economy, said Brien Lundin, executive editor of the Gold Newsletter and the New Orleans Investment Conference host.As the Federal Reserve prepares to launch a review of a possible central bank digital currency (CBDC) shortly, U.S. citizens need to be aware of all t...Read More
(Kitco News) After building support at the $1,700 an ounce level this year, gold could be the metal to follow in 2022, according to Bloomberg Intelligence."Next year will begin almost 24 months removed from the start of the pandemic, and we see the 2021 bounce in industrial metals vs. the decline in precious at greater risk of reversing," said Bloomberg Intelligence senior commodity analyst Mike M...Read More
Despite record commodity prices, Mongolian coal miner SouthGobi Resources (TSE:SGQ) announced a profit warning today. In a news release published last week, SouthGobi wrote that it expected a net loss "...primarily attributable to the continued impact caused by the COVID-19 pandemic, including, but not limited to, restrictions on the number of trucks of coal crossing the border at the Ceke Port of...Read More
Agnico Eagle Mines (NYSE:AEM, TSX:AEM) announced today reported quarterly net income of $114.5 million,or net income of $0.47 per share, for the third quarter of 2021.During the same quarter a year ago, the company had net income of $222.7 million. The company said income was down due to lower average realized metal prices andhigher production costs, partially offset by higher sales volumes. Payab...Read More
The FOMCmeeting for November began today and will conclude tomorrow. Most importantly, itwill be the statement and following press conference by Chairman Powell thatwill draw the most attention. The statement will contain information about whenthe Federal Reserve will begin tapering their $120 billion monthly assetpurchases. The press conference will clarify any ambiguities found within thestateme...Read More
Mr. Tom Larsen reportsELORO INTERSECTS 100 AG EQ/T (INCLUDING 38.71 G AG/T, 0.88%ZN AND 0.51%PB) OVER 188.5 M IN THE SANTA BARBARA BRECCIA PIPE AT ISKA ISKA SILVER-TIN POLYMETALLIC PROJECT, POTOSI DEPARTMENT, BOLIVIAEloro Resources Ltd. has provided an update on its Iska Iska silver-tin polymetallic project in the Potosi department, southern Bolivia. To date, the company has completed 34,409 metr...Read More
Gold's day-to-day gains are being capped at $1,800 an ounce as markets wait for the Federal Reserve highly anticipated tapering announcement on Wednesday. Close attention is also being paid to what Fed Chair Jerome Powell will say about inflation.Prior to the central bank's meeting, gold has settled into a fairly narrow trading range between $1,780 and $1,800 an ounce. At the time of writing, Dece...Read More