Key data from the pricing sessions in Asia and Europe in the week ended Friday November 30.China The price of antimony, MMTA standard grade II, ddp China continued lower for the fourth consecutive week in the week on November 29 in response to a few suppliers lowering their offers again to entice buying interest for the sake of cash generation.Several antimony suppliers cut their offers again last...Read More
Dear Rich Lifer,Some people love the hustle and bustle of the first big day of the holiday shopping season. They love to wake up early, pour a stiff cup of joe, grab their warmest jacket and head out before the crack of dawn to line up, camp out, and get the best deals and doorbusters on Black Friday.Some people, though, are more inclined to sleep in, stay cozy, watch the big football game and enj...Read More
Belgian battery-materials manufacturer Umicore has completed its purchase of cobalt refining and cathode precursor activities in Kokkola, Finland, from Freeport Cobalt for $203 million. The purchase is on a debt and cash-free basis and includes about $50 million of net working capital. It is anticipated that the acquisition will be earnings accretive from 2020 and value accretive from 2021, Umicor...Read More
Dear Rich Lifer,There are many wonderful things to be thankful for this holiday season: family, friends, our homes and jobs, the delicious food...but what about our health?Did you know that the average American gains up to five pounds in the period between Thanksgiving and Christmas? While there are many factors that can lead to this weight gain, overeating is easily a key factor.Throughout the ho...Read More
Aspiring precious metals developer Velocity Minerals (TSXV: VLC) recently tabled engineering study results and the latest drill assays from its 70%-owned Rozino gold deposit in southeastern Bulgaria.Rozino, the most advanced of Velocity's four Bulgarian gold projects, is advancing to the prefeasibility study (PFS) level.A 2018 preliminary economic assessment (PEA) modelled an open-pit operation wi...Read More
In the latest megadeal sweeping the gold sector, Zijin Mining Group is buying Continental Gold (TSX: CNL; US-OTC: CGOOF) for $1.4 billion in cash.The Chinese gold miner is on an acquisition spree. In early November, it said it would buy copper-gold assets in Serbia from Freeport McMoRan (NYSE: FCX) for up to US$390 million, and it bought Nevsun Resources for US$1.86 billion just over a year ago.Th...Read More
SilverCrest Metals (TSX: SIL; NYSE-AM: SILV) has found a high-grade zone outside the resource area at its Las Chispas project in Sonora, Mexico, 220 km northeast of Hermosillo.The discovery hole - 19-118 - returned 9 metres grading 44.3 grams gold per tonne and 4,551.3 grams silver per tonne for 7,873 equivalent grams silver tonne, starting from 304 metres downhole.Another hole, 19-123, cut 6 met...Read More
Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesUS takes long-term position on mineral supplySPONSOREDverisk maplecroftThe unexpected switch from Chinese to European EV leadership is a result of declining government financial incentives for consumers to buy EVs in...Read More
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