"Canadian gold-mining giant Barrick Gold has agreed to sell its 90 percent share in the Massawa gold project to fellow Canadian company Teranga Gold for up to US$430 million. https://t.co/fHaPDWABvh #Investing #Resource #Gold"Read full newsRead More
"2019 Gold Stocks and Investment Report. What do market experts and analysts predict for the future of the gold market?What are some stocks to watch and invest in? Get our FREE gold outlook report to learn more! https://t.co/26ZJANOyjc #gold #marketoutlook #investing"Read full newsRead More
"INTERVIEW - Willem Middelkoop, founder of the Commodity Discovery Fund:Read full newsRead More
"#CORA continues to push forward further exploration at the #Sanankoro #Gold Discovery, with 2 more rigs added to the drilling programmeStock bumping along in its range of 5-6, following recent pullback from above 8https://t.co/vslECqedV3"Read full newsRead More
"#SAV's announcement with the map of its new 25-year mining concessionStock up 2% in response reflecting ongoing wider weaknesshttps://t.co/cR8QIiFqR4"Read full newsRead More
"As battery prices fall, the electrification of transportation is becoming more attractive, a snowball effect that could see the #EV #battery market be worth $116 billion annually, not including investment in the supply chain. @EnergyMetals #GEMC #Cobalt https://t.co/HbfAPTuCxp"Read full newsRead More
Gold continues to show its strength and prove the doubters wrong. After finishing October above $1,500, gold prices dropped like a pet rock in November down below $1,450, giving bulls yet another reason to doubt themselves. Technically, it needed to hold ~$1,460 at the end of November or risk falling even further. And hold it did, rallying on the last day of the month to hold that level, and sur...Read More
Dec 12, 2019 Guest(s): Jim Rickards Best-selling Author The direction the Federal Reserve is taking today with their monetary policy does not inspire confidence and erodes the value of money, said best-selling author James Rickards. "You can have a fiat money standard if people have confidence. There are a couple of ways to destroy confidence. One, too much debt, and the other one is inflation....Read More
The three-month nickel price on the London Metal Exchange was higher at the close of trading on Thursday December 12, breaching nearby resistance despite its largest single inflow since 2016. Nickel's outright price on the LME closed at $14,100 per tonne this afternoon, a climb of 1.5% from Wednesday's closing price of $13,850 per tonne. Turnover in nickel was high over the day, with just over 9,4...Read More
Benchmark alumina prices for spot cargoes stabilized around $280 per tonne on Thursday December 12 while participants focus on business for 2020.Fastmarkets calculated the benchmark daily alumina index, fob Australia, at $279.46 per tonne on Thursday, little changed from $279.40 per tonne on the previous day. The index was above $280 per tonne on December 9 for the first time since November 14. Ke...Read More
Key data from the price assessment on Thursday December 12 in Shanghai.Fastmarkets assessed the price of alumina metallurgical grade, ddp China at 2,330-2,450 yuan ($331-348) per tonne on December 12, down 1% from the previous week's 2,350-2,480 yuan per tonne.Key drivers: Cargoes continued to be imported to China in significant numbers after the import arbitrage window opened late in Se...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday December 12 that are worth another look.Middle Eastern steel producers need to diversify their product lines to survive weakening demand in the region, according to Saeed Ghumran Al-Remeithi, the chief executive officer of the United Arab Emirates' biggest steelmaker, Emirates Steel.China's domestic stainless steel prices dropp...Read More
Alrosa said in a statement the disposal was approved by the board earlier this week.Read More
The disaster killed about 260 people living downstream of the Brucutu mine in Minas Gerais, with about a dozen still unaccounted for.The 81-page report, compiled by independent counsel to the company and made public on Thursday, found the incident took place without warning. The little bulging of the dam wall sensors did pick up was not enough over the prior 12 months to trigger an alarm."None of...Read More
Benchmark alumina prices for spot cargoes stabilized around $280 per tonne on Thursday December 12 while participants focus on business for 2020.Fastmarkets calculated the benchmark daily alumina index, fob Australia, at $279.46 per tonne on Thursday, little changed from $279.40 per tonne on the previous day. The index was above $280 per tonne on December 9 for the first time since November 14. Ke...Read More
The new appointments are Paula Cousins, who will become Weir's chief strategy and sustainability officer, and Garry Fingland, who maintains his present position as chief information officer.Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") has announced the completion of functional integration to more than 225 global retail destinations, growing revenue-generating integrations at a faster rate than planned.The Company remains on track to achieve its ambitious 2019 goal of connecting to all of the 250 largest retailers around the world, as identifi...Read More
South Africa miners including Sibanye-Stillwater and Impala Platinum told Mining Journal on Thursday their mines were back up and running after a devastating stage 6 rolling blackout forced someRead More
Key data from the price assessment on Thursday December 12 in Shanghai.Fastmarkets assessed the price of alumina metallurgical grade, ddp China at 2,330-2,450 yuan ($331-348) per tonne on December 12, down 1% from the previous week's 2,350-2,480 yuan per tonne.Key drivers: Cargoes continued to be imported to China in significant numbers after the import arbitrage window opened late in Se...Read More
Gold's post breakout reaction back from its early September peak has evolved into a steady downtrend as we can see on its 6-month chart below. The approach of the rising 200-day moving average below suggests that this reactive downtrend will have run its course before much longer leading to a second upleg. However, gold's COTs have shown no improvement as this downtrend has unfolded, which is a...Read More