Rockfire Resources (LSE:ROCK) sat at 1.9p on Thursday after revealing more positive signs from its Plateau gold deposit in Queensland, Australia, where a s...Read full newsRead More
"The success of companies like Barrick and Newmont Goldcorp and the excitement surrounding GoldQuest's epic discovery attract junior resource companies who have begun to explore and develop projects in the #DominicanRepublic.https://t.co/CHbW8m7yDQ @PrecipitateGold #gold"Read full newsRead More
"Rockfire Resources (#ROCK) announce further assay results from drilling the new discovery zone at its Gold Deposit in Queensland, Australia.New zone though to form part of the near-surface expression of a large gold system hit in BPL025More to followhttps://t.co/1Q8wRAxfYj"Read full newsRead More
"Avesoro Resources (#ASO) enters working capital loan agreement with Avesoro Jersey for up to $8.5m.Money will cover business's near-term cashflow needs.https://t.co/nOn4zgiRgP"Read full newsRead More
"IronRidge Resources (#IRR) receives final assay results from drilling at the Ewoyya Lithium Project. The results returned high-grade intersections, including the most significant drill intersection reported to date.https://t.co/RawjISk8yR"Read full newsRead More
"INTERVIEW - Lawrence Roulston, managing director at WestBay Capital: "The smart money is getting in there and getting positioned, and once the smart money is in there, the broader investor base is going to start getting into the market.Read full newsRead More
The gold miners' stocks have largely been consolidating high following last summer's powerful upleg. That resilience has left sentiment relatively bullish, with traders mostly expecting this sector to soon start surging again. But the jury is still out on whether gold stocks will be lucky enough to evade a bigger correction. Major downside risks still abound, primarily in gold which dominates gold...Read More
You take the same bus you always do to get to work. Only this time, something is different. Instead of swiping a card, you simply look at a camera. You walk into the same store where you always shop. This time, instead of a simple greeting, an employee addresses you by name. They then tell you that you've got a discount because you've been such a loyal customer. You've been attending the same ch...Read More
The gold miners' stocks have largely been consolidating high following last summer's powerful upleg. That resilience has left sentiment relatively bullish, with traders mostly expecting this sector to soon start surging again. But the jury is still out on whether gold stocks will be lucky enough to evade a bigger correction. Major downside risks still abound, primarily in gold which dominates gold...Read More
Aluminium foundry alloy premiums continued to falter, with the US premium hitting a record low, due to bearish macroeconomics and weak fundamentals.Fastmarkets assessed the aluminium wheel alloy silicon 7 ingot/T-bar premium, dlvd dup over P1020A Midwest US at 7-10 cents per lb on Friday December 13, down from 8-11 cents per lb in the previous monthly assessment.The previous all-time low was 8-10...Read More
Nickel ended firmly above $14,000 per tonne in London Metal Exchange trading on Friday December 13 while copper stepped back after peaking earlier at its highest since May.The three-month nickel price closed at $14,170 per tonne, not far back from an intraday high of $14,270 per tonne. Turnover was at its highest since October 14 at around 11,800 lots by the close. The metal shrugged off inflows o...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday December 13. China The low-grade manganese ore indices rose week on week after buyers accepted slightly higher offer prices for limited quantities of material available for January delivery. The high-grade manganese ore index also moved up amid low liquidity. Some market participants expect mi...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 13. China The Chinese spot domestic ferro-chrome price continued lower with smaller smelters making aggressive offers to destock and generate cash approaching the end of the year. Sentiment further weakened amid anticipation that major stainless steel mills' alloy tender prices...Read More
In a note on Friday, Jefferies listed mining among the sectors most negatively impacted by the UK election, based on a dramatic rise in the value of the pound following the result.Read More
Chinese copper smelter Jiangxi Copper and Zambian blister copper producer Chambishi (CCS) have signed a 2020 supply contract at a refining charge (RC) of $128 per tonne cif China, Fastmarkets learned. This RC number, which some in the market set contracts for other blister brands against, is significantly lower than last year's $165 per tonne and reflects anticipated tightness in the supply o...Read More
Aluminium foundry alloy premiums continued to falter, with the US premium hitting a record low, due to bearish macroeconomics and weak fundamentals.Fastmarkets assessed the aluminium wheel alloy silicon 7 ingot/T-bar premium, dlvd dup over P1020A Midwest US at 7-10 cents per lb on Friday December 13, down from 8-11 cents per lb in the previous monthly assessment.The previous all-time low was 8-10...Read More
Adam HamiltonArchivesDec 13, 2019 The gold miners' stocks have largely been consolidating high following last summer's powerful upleg. That resilience has left sentiment relatively bullish, with traders mostly expecting this sector to soon start surging again. But the jury is still out on whether gold stocks will be lucky enough to evade a bigger correction. Major downside risks still abound, prim...Read More
Cobalt buyers returned to the market this week but prices fell further towards $15 per lb while sellers sought to offload stock ahead of the end of the year. Spot trade has been thin for the past few weeks so sellers offered aggressively, accepted cheaper bids and found competition for larger-tonnage business in their attempts to lock in sales before the start of 2020. The price of cobalt, standar...Read More