Plans to build the UK's first new deep coal mine in three decades will be subject of a public inquiry following pressure for climate change advisers who said the project would "increase global emissions".Prime Minister Boris Johnson's government had halted the development of West Cumbria Mining's Woodhouse colliery project in northwest England in October, while it decided whether to call in th...Read More
Gold Royalty Corp. (NYSEA:GROY) and GoldMining Inc. (TSX:GOLD; NYSEA:GLDG) have successfully raised US$90 million through Gold Royalty's initial public offering of 18 million units priced at US$5 per unit. The common shares and warrants began trading on the NYSE American on March 9, 2021.Gold Royalty plans to use the proceeds to implement its growth and acquisition strategy and for general working...Read More
New transactions concluded for containerized steel scrap cargoes sold to Bangladesh fetched lower prices over the past week, sources told Fastmarkets.Buyers in Bangladesh, Pakistan and India have been successful in the past week in their attempts to reduce import prices for containerized scrap. "Asian mills appear to be winning in this round of buying," a trading source in the United States said.A...Read More
As part of its partnership with Natural Resources Canada, the Centre for Excellence in Mining Innovation (CEMI) is pleased to launch the Canadian Mineral Processing Ecosystem Innovation Portal at www.cmpip.ca.This is a moderated platform that will support the community of innovators and end-users in mineral processing. The portal will help create a cleaner, more productive, and globally competiti...Read More
Falling Japanese scrap prices have led to a resurgence in interest for such cargoes, with multiple transactions heard concluded in the week ended Friday March 12. A transaction was concluded at $440 per tonne cfr Vietnam for a bulk Japanese H2 cargo, while another transaction was heard concluded at $445 per tonne cfr northern Vietnam for the same grade of material.Offer for bulk Japanese H2 cargoe...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalRex ready to rollSPONSOREDrex mineralsDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesTurn the clock forward to the present day and the mood is positively buoyant; higher metals prices and in...Read More
An abrupt downturn in sentiment and the resulting bearish effect on demand have caused spot prices for containerized ferrous scrap in the key import market of Taiwan to fall, with traders attempting to liquidate positions quickly, sources told Fastmarkets during the week to Friday March 12.Fastmarkets' daily price assessment for containerized steel scrap, HMS 1&2 (80:20), United States material im...Read More
Fastmarkets' benchmark copper concentrates index continued its downward momentum in the week to Friday March 12, reflecting buying from traders and smelters at progressively lower levels. Fastmarkets' copper concentrates treatment and refining charge (TC/RC) index, cif Asia Pacific fell to $26 per tonne / 2.6 cents per lb on Friday, down by 14% from a week prior. Chinese smelters are...Read More
Copper prices may be soaring, but the market is not yet factoring in key future demand from decarbonization and the new energy transition, the chairman and chief executive of Freeport-McMoRan said. Richard Adkerson, who has been at Freeport since 1989 and watched multiple pricing cycles evolve, said the natural comparative period for the currently soaring copper price is 2010-11, when the market p...Read More
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NEW YORK, March 10, 2021 /PRNewswire via COMTEX/ --NEW YORK, March 10, 2021 /PRNewswire/ -- Gold prices rebounded about 2% on Tuesday, surpassing the key...Read full newsRead More
Victory Resources Corporation is pleased to announce that it hasRead full newsRead More
Empress Royalty Corp. reports that the Company's common shares arRead full newsRead More
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DRead full newsRead More
Kirkland Lake Gold (TSX:KL)(NYSE:KL) is a senior gold mining, development, and exploration company. The company’s diversified portfolio of assets are located in the stable mining jurisdictions of Canada and Australia with a significant pipeline of high-quality exploration projects. The production profile of the company is anchored by two high-grade, low-cost operations.Valuable hidden assets...Read More
Warren Buffett is one of the successful investors in modern times. His investment philosophy is widely followed worldwide, although his track record isn’t entirely perfect. In his annual letter to Berkshire Hathaway shareholders in 2021, the GOAT of investing owned up to one huge mistake. Even the best experience failures.Buffett’s conglomerate purchased aerospace-parts manufacturer Pr...Read More
0:00?EUR< - Introduction0:35?EUR< - Debt Day of Reckoning1:54?EUR< - US Debt and Servicing5:42?EUR< - Petrified of Markets9:27?EUR< - Shorting Markets10:45?EUR< - Market fundamentals have changed.13:36?EUR< - Sentiment and opportunity17:00?EUR< - Gold Portfolio18:22?EUR< - Mergers & Acquisitions19:28?EUR< - Uranium Sector24:45?EUR< - Taking Profits25:40?EUR< - Institutional Money26:45?EUR< - Elect...Read More
The Debt Bomb has a shorter fuse than anyone thinks. Right now, all U.S. financial cans are being kicked down the road. One tipping point is that debt is putting real pressure on the economy. They keep saying the U.S. fiscal picture will improve at some point, but when? We've been waiting an awful long time. David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganR...Read More
Silver and gold demand remains much higher than pre-COVID times. The precious metals industry cannot keep up with demand. Miles Franklin Andy Schectman explains why premiums are so high and his perspective regarding the best value products in silver and gold right now.IN THIS INTERVIEW:0:00?EUR< Intro1:02?EUR< #SilverSqueeze?EUR< update3:39?EUR< Interest rates & gold9:35?EUR< Silver delivery updat...Read More