...just say no (to negative rates)Read full newsRead More
"NEWS: FPX Nickel re-affirms anticipated timing for completion of updated PEA on Baptiste #nickel deposit in Q3/Q4 2020https://t.co/pHKl4d5NGz"Read full newsRead More
Vancouver, BC - May 7, 2020 - Surge Exploration Inc. Read moreRead full newsRead More
Global finance chiefs welcome green recovery from Covid-19, as proposed by economists Stiglitz and Stern Climate positive policies offer superior economiRead full newsRead More
Paul Brink, president and CEO of Franco-Neveda joins BNN Bloomberg to discuss their Q1 earnings and how the company has managed to increase their dividend amid COVID-19 uncertainty.Read full newsRead More
...just say no (to negative rates)Read full newsRead More
Power plant with green field, renewable energy source in Thailand. Stock image. With both the population and the workforce aging, the mining sector needs to reposition itself to secure social licenses and attract the in-demand millennial talent pool, BDO said in a recent report.According to Sherif Andrawes, BDO's Global Head of Natural Resources, stakeholders are demanding stronger engagement, tr...Read More
The Iron Cap deposit (pictured) was recently incorporated into the KSM project economics. Image from Seabridge Gold. Seabridge Gold (TSX: SEA, NYSE: SA) has filed an NI-43-101 technical report for its KSM project in northern British Columbia, confirming the potential for a "dramatic improvement" in project economics by incorporating the recently expanded, higher-grade Iron Cap deposit into mine p...Read More
Tucano gold mine. (Image courtesy of Great Panther Mining). Great Panther (TSX:GPR; NYSE-A:GPL) has announced revenue for the first quarter of 2020 of $48.1 million, an increase of 188% over Q1 2019, reflecting primarily the acquisition of Tucano mine in Brazil. The company reported production of 34,725 gold equivalent ounces, over double the 14,860 ounces it churned out in Q1 2019.Adjusted EBIT...Read More
The Golden Statue of Prometheus near the Rockefeller Center in New York. Credit: Pixabay Gold prices saw a slight decline on Friday even as it was revealed the US job market experienced its worst downturn in history. According to latest data released by the US Bureau of Labor Statistics, employers cut an unprecedented 20.5 million jobs during the month of April, sending unemployment rate to 14.7%...Read More
Ship to shore. File image. UPDATED FRIDAY, MAY 8 @ 2pm EST.Copper rallied again on Friday after a rebound in Chinese imports of the metal indicated the country's manufacturing and construction sector may be emerging faster than anticipated from the covid-19 slump.Copper trading in New York rose by more than 2% to $2.43 a pound ($5,355 a tonne) in early afternoon trade, on track to close at an eig...Read More
Chile saw a 4.5% year-on-year increase in copper production during March despite some difficulties faced by the industry due to the Covid-19 pandemic, Chilean copper commission Cochilco said on Thursday May 7.The country produced 494,700 tonnes of copper content in March compared with 473,300 tonnes in the corresponding month of 2019. Most of the major local mines increased output during the afore...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
With the exception of that for zinc and nickel, deliverable base metals stocks at Shanghai Futures Exchange-approved warehouses all fell in the week ended Friday May 8.Copper registered the largest decline in inventories in percentage terms, with total SHFE stocks declining to 204,219 tonnes on Friday; this marks a decrease of 26,737 tonnes (11.6%) from the 230,956 tonnes recorded on April 30. ...Read More
Chile saw a 4.5% year-on-year increase in copper production during March despite some difficulties faced by the industry due to the Covid-19 pandemic, Chilean copper commission Cochilco said on Thursday May 7.The country produced 494,700 tonnes of copper content in March compared with 473,300 tonnes in the corresponding month of 2019. Most of the major local mines increased output during the afore...Read More
Adam HamiltonArchivesMay 08, 2020 With the stock markets near a critical juncture during the most-extreme economic dislocations of our lifetimes, big US stocks' fundamentals have never been more important. After plummeting in a brutal stock panic on the catastrophic economic damage caused by governments' draconian lockdowns to fight COVID-19, stocks have skyrocketed in a monster rally. Are these g...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Slowed global economic activity in the March quarter resulted in demand for crude oil and related corn-based ethanol products retreating, which contributed to softer-than-expected potash pricing.The Saskatchewan-based company reported an adjusted loss for the March quarter of US$69 million, or 12c per share. The net result compared with a $41 million net profit in the same period last year.Nu...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort275,57125,56740,010120,045401,681435,626467,258Change from Prior Reporting Period -11,811914-4,4385,143-6,850-11,106-10,374Traders20350785858292158 Small Speculators (C) GoldSeek.com LongShortOpen Interest 54,71723,085490,343 633-99-10,473 non reportable positionsChange from t...Read More