Galena provides a leading lightSPONSOREDgalena miningBHP will acquire 77 million shares at 22.15p a share, a 13% premium to the Friday closing price of 19.58p. Shares in SolGold opened strongly today, up more than 13% at 22.2pThe investment takes BHP's holding in SolGold to 282.7 million shares, and it will obtain 19.25 million options exercisable at 37p for five years as part of the investment.Ga...Read More
Seaborne coking coal prices were steady on Monday November 25, as participants stayed on the sidelines to gauge direction following last week's increase.Fastmarkets indicesPremium hard coking coal, fob DBCT: $134.66 per tonne, down $0.10 per tonnePremium hard coking coal, cfr Jingtang: $145.39 per tonne, unchangedHard coking coal, fob DBCT: $120.70 per tonne, unchangedHard coking coal, cfr Ji...Read More
Seaborne iron ore concentrate and pellet prices rose last week amid a general rebound in the market. ConcentrateFastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao rose by $6.58 per tonne to $100.55 per tonne last Friday November 22. The daily Fastmarkets index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao averaged $98.30 per tonne last week, up $4.80 per tonne from an av...Read More
Another wave of optimism regarding United States-China trade talks has boosted broader markets and weakened havens, but the base metals have not taken much notice yet. Asian equities are stronger led by a 1.3% rise in the Hang Seng.Base metalsThree-month base metals prices on the London Metal Exchange were mixed this morning, Monday November 25. Nickel was the main mover with a 0.7% fall to $...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. Index futures responded to news on U.S./China trade negotiations confirming that China plans to increase penalties on Chinese companies that steel intellectual property.TDAmeritrade has agreed to its purchase by Schwab in an all-stock deal valued at $26 billion. Each TDAmeritrade will swa...Read More
After a month-long consultation period, Fastmarkets MB has discontinued its fortnightly publication of the mercury 99.99%, in-whs global locations, $/flask assessment.Global mercury trade has reduced since the 2017 Minamata Convention on mercury - a legally binding international agreement aimed at tackling mercury pollution - came into force. The Convention has reached more than 100 party ratifica...Read More
Key data from the pricing sessions in Asia and Europe in the week to Friday November 22.ChinaKey driversThe price of antimony, MMTA standard grade II, ddp China, dipped for the third consecutive week on November 20 after some suppliers continuous cut their offer prices to attract sales in an attempt to generate cash before the year-end.Trading activity remained limited, with the market in a stalem...Read More
Scottsdale, Arizona November 25, 2019Editor's note: We hate to bear poor tidings this Saturday, but tax season is just around the corner. How can you reduce your tax bite? Today, "Rich Dad" Robert Kiyosaki shows you two strategies. Hint: the rich use them to take advantage of the tax code.Dear Reader,In the big picture of personal finance, there are four financial forces that cause most people to...Read More
Today we confront a rather distressing possibility - that this world may be in far better condition than we have previously supposed.Details, grim details, to follow.But we begin with a diagnosis:The stock market is evidently down with a spell of altitude sickness...The air at 28,000 proved too thin for the Dow Jones Industrial Average.The index has retreated to the 27,800 elevation. There it pres...Read More
The European ferro-silicon spot price jumped by more than 7% in the past week, breaking a three-week run of stability on increased trading activity. Ferro-silicon lumpy basis 75% Si (scale pro rata), delivered Europe rose to ?,?950-1,000 ($1,047-1,102) per tonne on Friday November 22, compared with ?,?900-920 per tonne the week before. Most buying interest was reported on an inter-merchant ba...Read More
Kirkland Lake Gold's (TSX: KL; NYSE: KL) proposed $4.9 billion all-share acquisition of Detour Gold (TSX: DGC) and its open-pit mine in northeastern Ontario will add 15.4 million oz. gold, or eight years, to Kirkland Lake's mineral reserve base and lift the company's annual gold production to 1.5 million ounces.Kirkland Lake Gold's Macassa mine in northern Ontario and Fosterville mine in Australia...Read More
BHP Billiton (NYSE: BHP) is spending US$22 million to boost its stake in SolGold (TSX: SOLG; LON: SOLG) to 14.7% from 11.1%, making it one of the two largest shareholders in the Ecuador-focused junior exploration company. Newcrest Mining (ASX: NCM) owns 14.8%.BHP is acquiring 77 million shares at 22.15 pence per share - a 13% premium to SolGold's closing share price on Nov. 22.Under the deal, BHP...Read More
An overview of the latest news from active diamond explorers, developers and miners in Canada, and Canadian-listed companies working abroad.Adia ResourcesThis spring, Adia Resources completed an initial diamond drilling program and ground gravity survey at its Lynx project near Oxford House, Man. While the company had planned to drill eight holes totalling 3,000 metres, a late start and mechanical...Read More
The Guigues kimberlite pipe in northern Quebec, 10 km from Notre- Dame-du-Nord, was discovered by De Beers in 1983. But despite its long history, it has never seen modern microdiamond testing.Tres-Or Resources (TSXV: TRS) is hoping to change that this year with a five-hole drill program. The junior, which acquired the pipe in 2003, says advances in knowledge about diamond indicator mineral chemist...Read More
US takes long-term position on mineral supplySPONSOREDverisk maplecroftMacarthur's high-grade iron project set to rollSPONSOREDArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesFor most people in Dalio's line of business, gold is either too exotic, too unpredictable, or simply too primitive to be given a prominent pla...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) has completed its 2019 bulk sampling program at Star Diamond's (TSX: DIAM) Star-Orion South diamond project, 60 km east of Prince Albert, in central Saskatchewan.Using novel technology - a trench cutter sampling rig normally used in civil engineering projects that has been adapted for use at the project - the company has collected 8,271 wet tonnes of material. Each...Read More
"$NEM found a buyer for RL: Newmont Goldcorp Successfully Reaches Agreement to Sell Red Lake -- $375 Million in Cash Plus Up To $100 Million in Contingent Payments #gold https://t.co/9TivUjYzvW"Read full newsRead More
"@GrantMBeasley Big asset and prime location in the US. Backed by chemical giant and ALB competitor LANXESS. Exciting technology innovation. Smart guys behind that one. Will start the big pilot plant soon. Attractive valuation, takeover play."Read full newsRead More
Livent's subsidiary FMC - Minera del Altiplano pitched into a trust fund that allowed for the building of a 600.3-kilowatt solar farm in the Andes.Read full newsRead More
"$QGEN - Qiagen NV: The Possibility Of A Takeover Means Upside Potential, But There Is A Certain Risk. Subscribe to Seeking Alpha for more: https://t.co/6oyZSSrf7T #investing #stocks #trading"Read full newsRead More