Gold producer Equinox Gold (TSX: EQX; NYSE: EQX) has announced the results of a feasibility study on an expansion of its 12,700 tonne-per-day Castle Mountain heap leach mine in California into an operation with a 45,350 tonne-per-day heap leach facility and a 3,200 tonne-per-day milling and leaching plant.Based on an initial capital cost of US$510 million (which includes the purchase of a mining f...Read More
Fortune Bay (TSXV: FOR) has released an updated pit-constrained resource estimates for the Box and Athona deposits, 2 km apart, at its past-producing Goldfields project in northern Saskatchewan. The latest resource figures are based on verified historical drill data and incorporate new geological and mineralization models for the property.The indicated resources total 22.6 million tonnes at 1.34 g...Read More
Fluctuating global prices and erratic downstream secondary aluminium consumption have market participants in Europe wondering how to manage risk through periods of volatility. Fastmarkets' assessment of the aluminium pressure die-casting ingot DIN226/A380, delivered Europe was at ?,?2,010-2,040 ($2,391.04-2,426.72) per tonne Friday March 19, down from ?,?2,040-2,090 per tonne the week before....Read More
In 2020, a total of 18,750 tonnes of cobalt were consumed in the batteries of newly-sold passenger EVs globally, an increase of 29% year-over-year, a new report by Adamas Intelligence reveals.According to the market analyst, the increase in cobalt use was the result of a surge in passenger BEV and PHEV sales in the second half of the year, particularly in China and Europe.When it comes to manufact...Read More
The S&P/TSX Venture Composite Index rose 1.38% to finish the trading week at 995.80. Spot gold declined by US$17 per oz., or 0.98%, to US$1,744.90 per ounce.Great Bear Resources jumped $1.64 to $17.14 per share. Drilling by the company on a mostly untested, 250-metre northwest section of the LP fault at its flagship Dixie project in Red Lake, Ontario, returned high-grade intervals as well as low...Read More
The S&P/TSX Composite Index fell 0.53% to 18,854 during the Mar. 15-19 trading week. The S&P/TSX Global Mining Index slipped 2.68% to 103.66, and the S&P/TSX Global Base Metals Index dropped 5.98% to 158.12. Spot gold declined by US$17 per oz., or 0.98%, to US$1,744.90 per oz., and the S&P/TSX Global Gold Index rose by 3.07% to 294.71.Aura Minerals jumped $2.29 to $14.80 per share. The company ap...Read More
Gold stocks are down, but not out. Can they rebound sans a soaring gold price?Read full newsRead More
US and China officials met in AlaskaRead full newsRead More
"Watch FPX CEO @MartinTurenne provide commentary on the recent #nickel pronouncements by Tsingshan @Junior_Stock Does the Fall in the Nickel Price Spell Doom for the Nickel Market? https://t.co/mdBJ5h59kB"Read full newsRead More
Satori Resources is about to start drilling at the Tartan Lake gold mine project near Flin Flon.Read full newsRead More
RENO, Nev. - The last patented lode gold mine left in Northern Nevada is now being offered by Sierra Sotheby's International Realty for nearly $40 million. Located in the Spring Valley mining District of Nevada'sRead full newsRead More
Gold Mountain Mining Corp. is pleased to announce that after compRead full newsRead More
Idaho Champion Gold Mines Canada Inc. is pleased to announce theRead full newsRead More
Gold is set to experience one of its greatest and most powerful bull markets in history.Forget the run-up in prices back in 2011 - that was just an appetizer.And forget the bull market of the 1970s.The 2021 gold market is positioned to blow all others out of the water.There's little doubt you've heard gold analysts in the past calling for $5,000... $10,000... or even $50,000 gold prices.Heck, I re...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 23 that are worth another look.China released its 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 on March 12 following the annual meetings of the National People's Congress...Read More
Father and son team investment managers Bruce and Jamie Murray pick their two best stocks to buy-two each, that is.What started out as a bull-market correction became a full-bore recession carried on the back of COVID-19, which has since swung back forcefully into a productive and profitable future in the making.Such is the optimistic and forward-looking view of Toronto investment management firm...Read More
An imbalance between supply and demand and the increases in freight costs boosted global aluminium premiums in the week to Tuesday March 23, with the Rotterdam duty-unpaid price at a multi-year high and the United States Midwest premium reaching its highest since October 2018.Swift increase in Rotterdam amid bullish spot marketUS Midwest continues to rise on tight supplySouth Korea premium chases...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 23.Please click...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 23 that are worth another look.China released its 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 on March 12 following the annual meetings of the National People's Congress...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 23, 2021 US stocks, bonds, and real estate are in the late stages of a financial market inflation cycle.A new cycle is beginning, and it is the inflation of Main Street America. Please click here now. In just a few short months, inflation has become the biggest concern for most mon...Read More