Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF)(WKN:A2H9TN) provides shareholders with a pit constrained gold Mineral Resource Estimate for Renforth's wholly owned Parbec Property.Read full newsRead More
Laurion Mineral Exploration has filed its annual audited financial statements for the year ended December 31, 2019 and its related management's discussion and analysis.Read full newsRead More
Barrick Gold CEO Mark Bristow joins Squawk Box after the company reports earnings, to speak about the spike in demand for gold during the coronavirus crisis.Read full newsRead More
In the first week of May, gold prices continue to hover near $1,705, hinting at a strong probability that the yellow metal could advance towards $1800 over the coming months. Crashing oil prices and the global coronavirus pandemic have created an opportunity for stronger Gold demand amid increased economic uncertainty and market volatility. Tuesday’s trading session saw gold prices head for...Read More
The Eva Copper Project is in Outback Queensland, Australia, pictured. (Stock image). Copper Mountain Mining has improved the economics of its Eva copper project in Queensland, Australia, with an updated feasibility study showing a longer mine life, increased production and lower cash costs.Compared with a feasibility completed in 2018, the new study has increased the mine life by three years to...Read More
Aurizona crusher Credit: Equinox. Equinox Gold has released the results of a preliminary economic assessment (PEA) on an underground development within its Aurizona mine site in northeastern Brazil.The early-stage study suggests a feed contribution of 2,800 t/d from the Piaba underground to the existing 8,000 t/d plant at the site. This incremental operation would deliver an additional 740,500...Read More
BGAN PTT Solution Credit: Inmarsat. Inmarsat, a world leader in global mobile satellite communications, and Cobham Satcom, a company focused on providing dependable communications and internet access, have launched a comprehensive new Broadband Global Area Network (BGAN) push-to-talk (PTT) solution to connect remote workers using vehicles across the globe.The solution provides real-time data tr...Read More
Image by Silvercorp Metals Inc. Silvercorp Metals (TSX: SVM) has achieved its fiscal 2020 production guidance for all metals at all operations, the company announced Thursday.After an extended shutdown of activities at its operations in China due to covid-19, the company was able to ramp up to full capacity in March in full compliance with government measures.For the year, the company beat its si...Read More
Image by ae?"??? ?(TM)^ from Pixabay. The back story on how China came to dominate the lithium-ion battery to electric vehicle (EV) supply chain by building capacity in metal refining, battery-grade chemicals production and cathode and anode making is being told via new data from Benchmark Mineral Intelligence. The data demonstrate China's share of global total production in 2019 for each stage...Read More
Mining stock specialist Mike Kachanovsky says now is the time to buy heavily discounted precious metals stocks and capture a rebound in this sector that is long overdue.Mining stock specialist Mike Kachanovsky says: "the best way to play this setup is to consider buying a few of the large silver producers."It seems that the concept of prudent investing ended with the financial crisis of 2008. Ther...Read More
Here are five Fastmarkets stories you might have missed on Thursday May 7 that are worth another look.The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.Mining companies are looking to trading houses and specialist funds for credit since lower metal prices and enforced shutdowns ha...Read More
The Commodity Futures Trading Commission (CFTC), a US commodities regulator, is analyzing what led the crude oil price to move into negative territory last month, including an assessment of market participant activities and whether position limits and other regulations might need to change.The move could add impetus to the CFTC's proposal to impose federal position limits in 25 energy, metals and...Read More
The mining industry is set to undergo a paradigm shift in the aftermath of the Covid-19 pandemic that will include a reshaping of corporates, including through "dynamic" mergers and acquisitions, the chief executive officer of Barrick Gold Corporation said.Mark Bristow, whose Africa-focused miner Randgold Resources merged with Canada-based gold and copper giant Barrick last year, said it was a gre...Read More
Here are five Fastmarkets stories you might have missed on Thursday May 7 that are worth another look.The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.Mining companies are looking to trading houses and specialist funds for credit since lower metal prices and enforced shutdowns ha...Read More
Given the current price of around $1,700/oz, Paragon's John Deniz conceded the expectation was "not a big call".Read More
Mining companies are looking to trading houses and specialist funds for credit since lower metal prices and enforced shutdowns have restricted cashflow. Peru, Mexico, Bolivia, Ecuador, the Democratic Republic of Congo and South Africa are among major mining nations to order mine closures as part of countrywide lockdowns designed to protect against the spread of the Covid-19 disease. Cashflow-limit...Read More
The injured workers were taken to the nearby Moranbah Hospital by ambulance services shortly after 3pm on Wednesday suffering severe upper body burns.Read More
Here are five Fastmarkets stories you might have missed on Thursday May 7 that are worth another look.The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.Mining companies are looking to trading houses and specialist funds for credit since lower metal prices and enforced shutdowns ha...Read More
By: Ira EpsteinHow many small to medium sized companies go bankrupt? Restaurants in some areas will not open until late June. How will they survive?The retreat in gold is mild..Read More
It is still a range trade for gold and silver. Crude oil is rising. Copper is firm. There are buyers of physical gold ready to pay a higher premium on corrections. There are investors of gold using every small correction to invest. Gold prices are range trading. Gold bears are not holding ground. Short term silver traders are booking profit on every rise. Long term investors and physical dealers...Read More