Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has spent over US$385 million (A$500 million) in the past year to continue developing the Greater Tom Price iron ore operations in Western Australia's Pilbara region.The world's second-largest iron ore producer kicked off the Western Turner Syncline Phase 2 expansion in early 2020 and intends to employ more than 1,000 people at peak construction.The cash i...Read More
Nighthawk Gold (TSX: NHK) has updated the mineral resources for its Indin Lake gold property in the Northwest Territories, 200 km north of Yellowknife. The latest numbers incorporate two-thirds of the drill assays from the 2020 exploration program (due to a delay in result turn-around times) and also include adjustments to economic parameters.Within the footprint of the Colomac Centre mineralized...Read More
This week's episode features IBK Capital president and CEO Michael F. White in conversation with Northern Miner group publisher Anthony Vaccaro at the Global Mining Symposium online conference. Michael describes how the junior mining sector has made a complete turnaround following the Covid-19 pandemic, and notes how the lack of exploration in the past decade will result in growing demand and...Read More
Buoyed by higher pricesRead full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals pricesRead full newsRead More
Comet Resources Limited (Comet or the Company) (ASX: CRL) is pleased to announce that it has contracted Airborne Geo Exploration Pty Ltd (AirGeoX) to complete an aeromagnetic survey of its Barraba Copper Project located in north-east NSW.Read full newsRead More
NV Gold Corporation is pleased to announce that the Company has cRead full newsRead More
Goldcore Resources Ltd. announces that the board of directors havRead full newsRead More
Outback Goldfields Corp . is pleased to announce the start of a lRead full newsRead More
It’s hard to like gold right now.The price of the precious metal continues to pinball around in an erratic, but mostly downward fashion. This comes despite numerous tailwinds that should have been very strong catalysts for gold in the near-term.Nonetheless, in this article, I’m going to dive into what I think investors should keep an eye on for gold, as well as my top pick in this sect...Read More
Over the last few decades, semiconductors have become more and more a part of everyday life. From computer chips, to cellphones, to electric vehicles and video games, they've become more integrated with your day to day than you may have realized. Something else you may or may not have noticed is the chip shortage that is currently underway. There is a massive push for more semiconductors.Also c...Read More
Well just like Gamestop and the Wallstreet Bets crowds beat a few hedge funds at their own game, the same Reddit mob and traders took on silver. That week they rallied some of the major silver producers like First Majestic TSX-FR and then started making a run on the metal itself. This rings music to the ears of both silver and gold bugs alike because silver being the smallest market in the world i...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 3 that are worth another look.A crackdown on industrial activity in Tangshan, China's steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry.Glencore has appointed BMO...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 3.Please click...Read More
Nickel's futures price on the London Metal Exchange plummeted by over 6% at the 5pm close on Wednesday March 3 following the news that Norilsk Nickel expects to stabilize flooding issues at two of its mines next week. The Russian company, the world's largest palladium and high-grade nickel producer, suspended operations at Oktyabrsky and Taimyrsky mines due to flooding from natural groundwater las...Read More
McClellan Financial Publications, IncPosted Mar 3, 2021Feb 26, 2021Liquidity is bullish for the stock market.It is even more bullish for small cap stocks and other types of issues which are more sensitive to liquidity.That is why indicators like the A-D Line are so useful for gauging the health of the liquidity pool.There are more small cap stocks than large ones, and so they have a bigger voice i...Read More
The European ferro-chrome market was supported over the week to March 2 on tight supply and strong demand from China where the market has been buoyed following a rise in tender prices, sources said.Fastmarkets' price assessment for ferro-chrome, high carbon, 6-8.5% C, basis 65-70% Cr, max 1.5% Si, delivered Europe rose by $0.03 per lb Cr (2.5%) to $1.15-1.35 per lb Cr on Tuesday, from $1.12-1.32 p...Read More
Fastmarkets rounds up the latest logistical issues affecting supplies of metal, ores and alloys from African countries, in the period ended Friday February 26.February 26South African manganese miners have started to raise prices in line with rising costs, including those incurred amid severe weather.Fastmarkets' manganese ore index, 37% Mn, cif Tianjin, rose by $0.12 week on week to $4.77 per dry...Read More
The precious metal has been dented by the prospect of US fiscal stimulus boosting the economy and inflation, prompting an earlier than expected interest rate rise.It was worth around $1,710/oz at the time of writing.Wall Street closed lower but the FTSE 100 was up almost 1% as it continued its recovery.Down Under, Australia's 3.1% rise in fourth quarter GDP cemented a strong recovery, ANZ Research...Read More