Gold prices on Monday held near a two-week high scaled in the previous session a...Read full newsRead More
Gold prices on Monday held near a two-week high scaled in the previous session a...Read full newsRead More
Newrange Gold Corp. (TSXV:NRG, OTC:NRGOF, Frankfurt: 6C) recently completed and interpreted Induced Polarization and Resistivity (IP) survey at the Company's Pamlico Project in Nevada successfully generated several targets worthy of drill testing.Read full newsRead More
1. The decline of the American empire continues relentlessly. The citizens look towards their government for guidance and all they see is maniacal debt worship. Monkey see...monkey do:2. New statistics show that credit card debt of millennials now rivals total student loan debt. 3. Please click here now. The nation's so-called "leaders" now appear to function mainly as debt clock op...Read More
With investors such as Warren Buffett and Charlie Munger starting to make defensive moves and Jim Cramer turning away from fossil fuels, change is in the air. This side of the border, a Canadian interest rate cut may be on the way – a move that will stimulate the TSX and likely boost bank stocks, but may also spook investors. With the possibility of a bear market around the corner, talk is i...Read More
The Kami open-pit iron ore mine is located to the south of Labrador City and Wabush in the province of Newfoundland and Labrador. Credit: Alderon Iron Ore Alderon Iron Ore (TSX: IRON) has entered into a letter of intent with China's Tunghsu Group pursuant to which Tunghsu will acquire a 26% to 38% interest in the Kami Mine Limited Partnership (Kami LP) for consideration of between $15 million to...Read More
When the price of uranium approached US$60 per pound, investors viewed Cameco (TSX:CCO)(NYSE:CCJ) as full of potential. Strong demand for nuclear energy created a quick, cheap, and arguably safe means to meet the growing power needs of countries.Then in 2011, the Fukushima disaster happened, and demand for nuclear power and, by extension, the uranium that Cameco mines, all but disappeared ove...Read More
Nelligan joint venture project 60 km southwest of Chibougamau, Quebec. The project is owned 51% and operated by IAMGOLD, and 49% owned by Vanstar Mining Resources. (Image courtesy of Vanstar Mining Resources).IAMGOLD's (TSE: IMG) total attributable proven and probable reserves decreased by 6% to 16.7 million ounces at the end of 2019 from 17.9 million ounces of gold at the end of 2018. According...Read More
Platosa operations. Credit: Excellon. Excellon Resources (TSE:EXN) has released exploration results from its Evolucion and Platosa properties in Durango, Mexico, reporting high-grade intercepts at both assets.At Platosa, host to an operating underground mine, drilling from surface intersected 6.6 metres of 1,757 g/t silver-equivalent at the NE-1S Manto, nearby existing mine workings. Excellon has...Read More
Imagine waking up, surrounded by doctors clad in space suits and respirators.Every time you breathe out it's a hazard, and everything you touch must be sterilized or destroyed.That's the reality of this coronavirus (COVID-19) outbreak.China's 2020 New Year's celebrations were called off. Tens of thousands of flights were cancelled, office buildings and schools were locked, and billions of dollars...Read More
Optimine for Outokumpu. Credit: Sandvik. Outokumpu, a leader in stainless steel manufacturing, has selected Sandvik's OptiMine digital platform as the underground operations management system to improve productivity at its Kemi chrome mine in Finland."One of the key elements of digitalization at Kemi mine is improving the situational picture. By visualizing mine operations and conditions in real...Read More
Image: Adapted from Goldcorp videoThe gold price jumped to a fresh near 7-year high on Tuesday as worries about the global economic impact of the coronavirus mutated into expectations of massive monetary stimulus to counteract the damage done in China and elsewhere. Gold thrives when policy is loose and money is cheap, and usually moves in the opposite direction of interest rates. China is expecte...Read More
1. The decline of the American empire continues relentlessly. The citizens look towards their government for guidance and all they see is maniacal debt worship. Monkey see...monkey do:2. New statistics show that credit card debt of millennials now rivals total student loan debt. 3. Please click here now. The nation's so-called "leaders" now appear to function mainly as debt clock op...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 18 that are worth another look.Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil fell during the week to February 18 amid a slowdown in domestic trading while downstream sectors gradually return to work.Increasing aluminium inventories pressured China's aluminium price amid, generally, uninterrupted...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 18.Click on...Read More
London Metal Exchange three-month base metals prices, with the exception of lead, traded down at the close on Tuesday February 18, with any residual optimism capped by negative movements in global equities markets and restrictions in Chinese markets due to the novel coronavirus (2019-nCoV) outbreak.LME nickel futures were the worst hit, trading down 2.2% to close at $12,815 per tonne on the previo...Read More
Bob Moriarty ArchivesFeb 18, 2020Another low market cap junior we just added asan advertiser announced on Friday that they closed a private placement for $1.48 million and are preparing a drill program for their lead Nevada gold project on the Cortez trend.Fremont Gold (FRE-V) comes with a stable of five gold projects in the Carlin district of Nevada. They are giving Pilot Gold 9.9% of their share...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 18, 2020The decline of the American empire continues relentlessly. The citizens look towards their government for guidance and all they see is maniacal debt worship.Monkey see...monkey do:New statistics show that credit card debt of millennials now rivals total student loan debt. Pleas...Read More
Gold futures rose more than 1% above US$1,600 an ounce and gold was worth $1,600.60/oz on the spot market at the time of writing.Palladium surged to a new record and was trading earlier at $2,536/oz on the spot market.Base metals, bar lead, sank on the London Metal Exchange yesterday.The S&P500 closed lower, as did European and Australasian indices except the Shanghai Composite Index, which ma...Read More
"We have been very thoughtful and deliberate about the construct of our portfolio over many years now clearly the world trend is towards decarbonisation and we've been active advocates for this andRead More