Mr. Glen Williams reportsSPROTT ASSET MANAGEMENT ENTERS AGREEMENT WITH NORTH SHORE INDICES, INC. TO ACQUIRE LICENSING RIGHTS TO THE INDEX TRACKED BY THE NORTH SHORE GLOBAL URANIUM MINING ETF Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc., has entered into a definitive agreement with North Shore Indices Inc. to acquire an exclusive licence to use the North Shore Global Uranium...Read More
Whata great way to start November with Equities making new all-time highs, the U.S.creating more jobs than expected, and the dreaded Fed meeting behind us. Itappears on the surface that the Fed was much more accommodative thananticipated, considering when Bernake tapered, Equities fell 5% that week. Goldfutures are back at $1815 and need to clear two more three-star majorresistance levels 1825-182...Read More
Company Website: https://newfoundgold.ca/VANCOUVER, British Columbia -- (Business Wire)New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG, NYSE American: NFGC) is pleased to provide an update regarding its QA/QC Program at Queensway and to announce its plans to proceed with Chrysos whole-core PhotonAssayTM methods for the assaying of core samples from its 100%-owned Queensway Project (...Read More
Mr. Marcel Robillard reportsPUMA EXPLORATION DISCOVERS NEW VISIBLE GOLD-BEARING ZONE AT WILLIAMS BROOK GOLD PROPERTY Puma Exploration Inc.'s continuing surface trenching and stripping programs have uncovered a new 100-metre-long high-density quartz veining zone with visible gold (VG) at its Williams Brook gold project located in New Brunswick, an emerging new gold district of Atlantic, Canada. A l...Read More
Fastmarkets' copper concentrate treatment charge/refining charge (TC/RC) indices were largely stable this past week. More tonnages are available on tender for shipment next year, while smelters' buying has been relatively limited ahead of annual negotiations. For clean concentrate, a 90,000-tonne Cozamin tender for 2022 production was due to be awarded later on Friday November 5, with winning ter...Read More
Mr. Michael HudsonreportsHANNAN RADIOMETRIC DATING CONFIRMS MIOCENE PORPHYRY BELT AT THE PREVISTO COPPER-GOLD PROJECT, PERU Hannan Metals Ltd. has confirmed that uranium-lead zircon dating on four porphyry intrusive centres within an area of 140 kilometres by 50 kilometres has defined a previously unrecognized Miocene metallogenic belt associated with significant BLEG (bulk leach extractable gold)...Read More
Base metals prices on the London Metal Exchange mostly edged higher at the close on Friday November 5, after a week of volatility across the complex.The aluminium three-month price stabilized after falling 3.8% on Thursday. It closed at $2,556.50 per tonne, from $2,554 per tonne the previous day.The metal was once again the most traded with 21,689 lots traded on LMESelect by the 5pm close."Maybe [...Read More
An overview of the energy transition raw materials markets and their price moves in the week to Friday November 5.Susan Zou, Yingchi Yang and...Read More
An overview of the energy transition raw materials markets and their price moves in the week to Friday November 5.Susan Zou, Yingchi Yang and...Read More
This week ends with the last big news announcement of the week,nonfarm jobs number. Whatever the initial reaction is, the action promises tobe wild. With gold, silver and platinum in an uptrend within aconsolidating market, today's job could be enough to break those markets out ofthis pattern. We are long and expect the breakout to come to the upside,continuing the bullish pattern.However, there a...Read More
Fastmarkets opened a consultation on October 1, inviting feedback on its IOSCO-audited non-ferrous materials methodologies in line with our annual methodology review process.The consultation, which closed on October 31, sought to ensure that the specifications and methodology for our audited alumina, aluminium, cobalt, copper, lithium and manganese ore prices continue to reflect the physical marke...Read More
Wheaton Precious Metals (NYSE:WPM) said today it recorded $269 million in revenue during the third quarter, down 12% from the same period a year ago. Wheaton said a large build-up of payable ounces produced but not yet delivered at the Salobo Mine and a 4% decrease in the average realized gold equivalent price were responsible for the drop. The company noted that it's first nine months was a recor...Read More
Bob Moriarty ArchivesNov 5, 2021Over the last year I have written many pieces and done a number of interviews saying that I believed we were going to have a major market crash in late October. Obviously I was dead wrong. I did get it right that the markets topped in late August, early September just as they did in 1929 but we didn’t have the similar very late October crash that I foresaw. In...Read More
Key data from Fastmarkets' pricing sessions in China, Europe and the United States on Friday November 5.China The bearish sentiment triggered by decreasing ferro-silicon futures continued to weigh on the Chinese spot ferro-silicon price, leaving market participants with a strong wait-and-see attitude. The high cost of electricity fees, a postponed steel mill tender, along with thin deals and inqui...Read More
New York, Nov 5 (Reuters) - The dollar jumped on Friday to hit its highest level in more than a year, after data showed stronger U.S. job growth than expected in October, but retreated a bit in late trading as risk appetite improved and stocks rallied.Nonfarm payrolls increased by 531,000 jobs last month, above the 450,000 forecast, as the latest surge in COVID-19 infections subsided. read more...Read More
Adam HamiltonArchivesNov 05, 2021Another quarterly earnings season is upon us, led by the biggest US stocks. These massive American companies dominate virtually all portfolios, so how they are actually faring fundamentally is important. Do big US stocks' underlying corporate earnings justify their record-high prices fueled by the Fed's epic money printing? Despite fantastic sales and profits in Q3...Read More
Fastmarkets' copper concentrate treatment charge/refining charge (TC/RC) indices were largely stable this past week. More tonnages are available on tender for shipment next year, while smelters' buying has been relatively limited ahead of annual negotiations. For clean concentrate, a 90,000-tonne Cozamin tender for 2022 production was due to be awarded later on Friday November 5, with winning ter...Read 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) - Australia's largest hybridrenewable microgrid, and the first in the country to power a mine predominantlywith wind- generated electricity, was officially opened at the Agnew gold mineowned by Gold Fiel...Read More
Kitco MEDIA ? Recapping Key M&A News And Trends For Precious Metals StocksBy Cory FleckContributing tokitco.com Follow @KitcoNewsNOWFleck@kereport.comwww.kereport.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals I...Read More
Shares were offered on November 4 at 0.85 pence, a discount of around 21% from the closing price on November 3. The shares are expected to be admitted to trading on AIM around 18 November 2021. Read More