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Rockfire Resources (#ROCK) reveals updated corporate presentation, which can be found here -

November 27, 2019 / www.rockfireresources.com

The Company's objective is to create a successful, value-driven and growth-oriented business to maximise shareholder wealth. The means of achieving this will be to focus its exploration effort on world-class mineralised domains with the aim to discover and develop economic deposits of gold, copper and silver.Read full newsRead More

Thor Mining (#THR) jumps 10pc as it reveals company update covering Molyhil, Bonya, EnviroCopper, Pilot Mountain, a...

November 27, 2019 / twitter.com

"Thor Mining (#THR) jumps 10pc as it reveals company update covering Molyhil, Bonya, EnviroCopper, Pilot Mountain, and Pilbara Gold.More to follow - https://t.co/0g5tpr2TV2"Read full newsRead More

Troilus Commences New 2,500 Metre Exploration Drill Program Southwest of Main Mineral Resource Areas...

November 27, 2019 / twitter.com

"Troilus Commences New 2,500 Metre Exploration Drill Program Southwest of Main Mineral Resource Areas https://t.co/a7WKutPBhG @TroilusGold #ResourceNews #GoldNews $TLG"Read full newsRead More

Checking in on Gold & Silver Sentiment

November 28, 2019 / www.miningfeeds.com

The precious metals sector remains in a correction. The miners have shown some positive signs but are not ready to move yet because the metals likely have more correction ahead.Technical support levels can provide us with low risk buy opportunities but combine that with sentiment data and we increase our odds of success.One reason why the sector is stuck in a correction is because the net speculat...Read More

The link between Hong Kong's protests and gold

November 26, 2019 / www.kitco.com

Nov 28, 2019 Guest(s): Chen Lin Founder, ChenPicks.com While the U.S.-China trade conflict has been driving gold higher, Chen Lin said the riots in Hong Kong could also spur precious metals to new heights.Lin spoke to Kitco at the Metals Investor Forum held earlier this month. Chen Lin is a newsletter writer for CHEN's Stock Picks.Chen said Mainland China takes advantage of Hong Kong's free trad...Read More

Checking in on Gold & Silver Sentiment

November 28, 2019 / www.miningfeeds.com

The precious metals sector remains in a correction. The miners have shown some positive signs but are not ready to move yet because the metals likely have more correction ahead.Technical support levels can provide us with low risk buy opportunities but combine that with sentiment data and we increase our odds of success.One reason why the sector is stuck in a correction is because the net speculat...Read More

RERUN: Gold price's real drivers are not even here yet

November 26, 2019 / www.kitco.com

Nov 28, 2019 Guest(s): Jeff Clark Producer, BIG GOLD Ballooning debt has not yet exploded, and the debt to GDP ratio keeps expanding, and this eventually will drive gold prices much higher than current levels, said Jeff Clark, senior precious metals analyst at GoldSilver.com. "There are a lot of catalysts that have pushed gold to where they are now. We broke through that $1,400 ceiling and now t...Read More

IN CASE YOU MISSED IT: 5 key stories from November 28

November 29, 2019 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Thursday November 28 that are worth another look.Electric vehicles are "the best thing to happen to the nickel market since the invention of stainless steel," Nornickel's marketing director told Fastmarkets in an interview, and his company's high-quality sulfide ore deposits in Norilsk give the Russian mini...Read More

LIVE FUTURES REPORT 28/11: LME base metals prices capped by low volumes

November 29, 2019 / www.metalbulletin.com

Base metals prices traded on the London Metal Exchange were little changed at the close on Thursday November 28, with low trading volumes across the board by the 5pm kerb.Just more than 6,500 lots of copper changed hands, a far cry from almost 14,000 lots as of the same time on Wednesday, in holiday-thinned trading - the US markets are closed for Thanksgiving.The three-month copper price was cappe...Read More

INTERVIEW: Sulfide ore puts us in prime position for battery demand - Nornickel

November 29, 2019 / www.metalbulletin.com

The emphasis on traditional mining and high-quality domestic sulfide ore deposits in Norilsk will give Russian mining company Nornickel a competitive edge in meeting growing battery demand, the company said in an interview with Fastmarkets. "I couldn't say it is primarily driving our business model but electric vehicles (EVs) are the best thing to happen to the nickel market since the invention of...Read More

Copper miner Antofagasta follows Freeport benchmark in annual concentrate deals

November 29, 2019 / www.metalbulletin.com

Chilean copper miner Antofagasta Minerals has begun to settle annual copper concentrate supply contracts with treatment and refining charges (TC/RCs) set at $62 per tonne / 6.2 cents per pound, sources from the company and its smelting customers told Fastmarkets.The deals, which were concluded with smelters in Japan and China and are for 2020 supply, consolidate a benchmark set by US miner Freepor...Read More

COBALT HYDROXIDE SNAPSHOT: Lower offers, Mutanda closure encourage more spot buying

November 29, 2019 / www.metalbulletin.com

Key data from the Wednesday November 27 pricing session in Shanghai and London. Key drivers Sellers further cut their offers for cobalt hydroxide payables - the percentage of the metal price paid to procure intermediates - in doing so, encouraging larger tonnage purchases than in recent weeks.Market sources reported improved interest for January...Read More

Markets scale new heights ahead of Thanksgiving

November 28, 2019 / www.mining-journal.com

Market indices in Australia, Toronto and the US all achieved new highs.US third quarter GDP was revised upwards while signs of a slowdown in China were seen as a possible push towards reaching a trade deal.However US futures and Asian markets were mixed today as concerns over trade tensions reignited after US president Donald Trump signed a bill supporting Hong Kong protestors, Bloomberg reported....Read More

IN CASE YOU MISSED IT: 5 key stories from November 28

November 29, 2019 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Thursday November 28 that are worth another look.Electric vehicles are "the best thing to happen to the nickel market since the invention of stainless steel," Nornickel's marketing director told Fastmarkets in an interview, and his company's high-quality sulfide ore deposits in Norilsk give the Russian mini...Read More

End in sight for global diamond glut, says Zimnisky

November 28, 2019 / www.mining-journal.com

Speaking during the Guangzhou International Jewellery and Diamond conference, Zimnisky said the market glut was on track to correct as long as global demand for diamonds did not significantlyRead More

Contractor NRW to buy BGC

November 28, 2019 / www.mining-journal.com

For its outlay, NRW will acquire a business that's forecast to generate revenue of about $850 million in the current financial year and earnings (EBITDA) of about $100 million.To fund the deal NRW is undertaking a $120 million raising via a fully underwritten placement pricing new shares at between $2.65 and $2.85 each - with a bookbuild to decide final pricing.As well as adding BGC Contracting's...Read More

DAILY SCRAP REPORT: Limited demand for rebar is key concern for Turkish scrap market

November 29, 2019 / www.metalbulletin.com

Turkish mills skipped the day without any deep-sea scrap bookings on Thursday November 28, but the steelmakers are expected to book more scrap for January shipments soon, sources told Fastmarkets.The most recent transaction took place on Tuesday - involving a steel mill in the Marmara region booking a European cargo, comprising 25,000 tonnes of HMS 1&2 (75:25), 5,000 tonnes of shred...Read More

Michigan upholds Aquila's Back Forty permits

November 28, 2019 / www.mining-journal.com

The decision by a three-person panel was the final word in the contested case challenge to the mining permit that started in April 2018.The Menominee Indian Tribe of Wisconsin appealed the court's initial decision, but the EGLE panel voted unanimously in support of the prior ruling, determining that "the proposed mining operation will not pollute, impair, or destroy the air, water, and other natur...Read More

MORNING VIEW: Metals give muted response to Trump's support for Hong Kong protestors

November 29, 2019 / www.metalbulletin.com

United States President Donald Trump's signing of bills to support Hong Kong's protestors may undermine or delay progress in US-China trade talks; this seems to have become a headwind for equities this morning, Thursday November 28, but so far, with the exception of nickel, it has not dragged down base metals prices on the Shanghai Futures Exchange.Most of the Asian equity markets we follow and pr...Read More

IN CASE YOU MISSED IT: 5 key stories from November 28

November 29, 2019 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Thursday November 28 that are worth another look.Electric vehicles are "the best thing to happen to the nickel market since the invention of stainless steel," Nornickel's marketing director told Fastmarkets in an interview, and his company's high-quality sulfide ore deposits in Norilsk give the Russian mini...Read More

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