Today, August 7, 2019, gold broke out past $1,500 USD per ounce. It's still got a ways to go to break past it's old 2011 high of $1900 but in other currencies this metal is really shining. In CAD the price hit a new all time high of $2011. In AUS the price hit $2224 and in New Zealand the price hit $2330 per ounce. Silver is also starting to makes some moves but still has a long way to go to catch...Read More

I was reading a recent article the other day about how central banks are buying gold at a record pace. Infact the amount of gold purchased in 2018 by central banks over the most recent four quarters was higher than any calendar year since 1971. That was when Richard Nixon pulled the U.S. off the gold standard monetary system at a time when gold was worth $35 a troy ounce. Over the 12 months throug...Read More

Steel and aluminium market participants were disappointed with the outcome of their efforts to convince President Donald Trump's administration to extend the Section 232 tariffs to downstream product imports, which have surged into the United States in the past year."I try to maintain a positive outlook at all times, and it's clear we have convinced the Department of Commerce that 232 has created...Read More

So far the first six weeks into 2019 has been a pretty impressive go when it comes to the metals and a lot of the mining stocks in general.While gold is up over $1,300 US and holding around $1,310, palladium has surpassed the price of gold by a long shot with asks in the $1,410 US range. I was reading somewhere that some experts are calling for $2,000 US palladium this year.Quite a bit of news abo...Read More

We've been following Guyana Goldstrike GYA for well over a year now and for a lot of good reasons. It's not only the company we tend to follow but also the country of Guyana itself and what's happening with some of the other juniors that are in the country. Reason being, what's happens to one company can effect another. But getting back to Guyana Goldstrike, it's one of the few juniors that has be...Read More

London Metal Exhchange three-month base metals prices absorbed any residual optimism from the People's Bank of China's 1.2 trillion yuan ($174 billion) boost to liquidity to close the day little-changed on Tuesday February 4. "Much of the dip-buying interest seen in the early Asian trading session on Tuesday February 4 appears to be a false dawn," Fastmarkets analyst Andy Farida said. "The LM...Read More

One of the biggest plays this year in junior mining is going to be seen in the Golden Triangle area of northen British Columbia. Due to harsh winters and lots of snowfall, the only time you can actually do any kind of field work is from about June onward and work until the end of October when winter sets in again. So in reality any miners hopeing to get anything done have only about four months to...Read More

Bob Moriarty ArchivesFeb 4, 2020Prime Mining (PRYM-V) has picked up an existing gold mine in Sinaloa Mexico with a production history going to the 18th Century.Guadalupe de los Reyes is estimated to have produced 500,000 to 600,000ounces of gold and 40 million ounces of silver. Prime is buying the project for $6 million and a 1% NSR. The 6300 square km property comes with a 43-101 resource of 535,...Read More

Port of Shanghai, the world's biggest port by container throughput, and other major ports in China will waive the extra storage fees incurred during the logistics lockdown imposed in relation to the novel coronavirus outbreak. Shanghai International Port Co, the operator of Port of Shanghai, said on February 1 that cargo holders do not have to pay for their use of container storage space from Janu...Read More

Quite a few market analysts and stock gurus state that the market has topped out and could be ready for a crash any day. Thursday the market fell over 700 points. Lots of others state that we got a few more good years of a rally. Both side have compelling reasons for a continuation and a crash so it is hard to know what's going happen. Actually to be truthful, no one really has a clue though. One...Read More

I get emails once in a while asking what stocks I recommend and while I don't recommend any stocks or equities, I will tell people what I am buying and why I am buying them if I'm asked. I've gotten some good insight from some readers in the past and I hope to have past the same onward to them.Right now almost all mining stocks are out of favor because of pot stocks, blockchain, crypto stocks and...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday February 4 that are worth another look.As international exchanges continue to encourage trade in their ferrous contracts, Fastmarkets asks market experts for their views on progress in steel price risk management over the past year and the outlook for 2020.Port of Shanghai, the world's biggest port by container throughput, and o...Read More

Lithium. Known as the new oil. The next generation of power. The price of lithium has shot up over 100% just this year alone. For explorers it's created a new type of gold rush trying to find a mineable deposit. But what is lithium and where does it really come from?Lithium is one of the lightest of all the metal elements known to man and it's being explored for the world over. Sith new lithium Io...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 4, 2020Are gold miners poised to begin a long period of outperformance against gold?I’ve argued that most gold stocks peaked against gold bullion in 2006.GDX $31 and GDXJ $46 are my “launchpad” numbers for a major new bull run, a run that could last for decades.Please...Read More

Worldwide silico-manganese output rose by 13% year-on-year to 18 million tonnes in 2019, driven by increased production in Asia, according to the International Manganese Institute (IMnI).The Asia and Oceania region produced 85% of the world's silico-manganese supply at 15 million tonnes, up by 17% year-on-year, while all other regions reduced their production, according to data in the institute's...Read More

Hebei Steel, China's second-largest steel mill, has set its price for silico-manganese for February delivery at 7,200 yuan ($1,027) per tonne, market participants told Fastmarkets on Tuesday February 4.This was up by 600 yuan per tonne from the mill's January tender price, they added.The price from Hebei Steel, which is for cargoes delivered to warehouse, includes value-added tax and should be pai...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report an intersection of strong radioactivity in the first drill hole of the winter program at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Hi...Read More

Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) announced today that the Company's wholly owned subsidiary, A2Z MS Military Solutions, Ltd., has been awarded a contract with an Israel-based, NASDAQ-listed defense technology company (the "Client").A2Z has been contracted by the Client to perform electrical safety checks as well as other service functions across the...Read More

Resolution is raising about A$4.5 million to fund the work at its 64North exploration project, with the new shares being priced at 5c each.Read More

Swiss miner-trader Glencore produced 46,300 tonnes of cobalt in 2019, up 10% from 42,200 tonnes in 2018, mainly due to the ramp up in operations at Katanga in the Democratic Republic of Congo. Cobalt production at Glencore's African copper assets, which includes Katanga and Mutanda, totaled 42,200 tonnes - contained in hydroxide - in 2019, up 10% from 38,400 tonnes a year earlier. The scale down a...Read More