"Israel-based Shefa Gems (#SEFA) reveals sample results exceeding previous highest grades in Zone 2 of its Kishon Mid-Reach project.'The results are very encouraging and tie into our expectations for the significant potential in the Kishon Mid Reach.'https://t.co/DrTirSLBVd"Read full newsRead More
"Ariana Resources (#AAU) continues busy week of newsflow with drilling results at Kiziltepe mine in TurkeyInfill drilling results from the Derya Vein include 16m @ 2.04 g/t Au + 14 g/t Ag, 2m @ 9.88 g/t Au + 4 g/t Ag, and 2m @ 5.80 g/t Au + 70 g/t Ag.https://t.co/PJZtjG2uK5"Read full newsRead More
"Horizonte Minerals (#HZM) on the up after releasing FS for Vermelho nickel-cobalt project in Brazil.Confirms asset as a 'large, high-grade resource, with a long mine life and low-cost source of nickel sulphate for the battery industry'https://t.co/Sb7dm3DI4m"Read full newsRead More
"Ariana Resources (#AAU) announces conditional agreement to acquire 100% of Dogu Akdeniz a subsidiary of KEFI Minerals for ?90,000Subsidiary holds a Net Smelter Return on Ariana's Kizilcukur Project and additional exploration assets in Turkey.https://t.co/6dF2paf0aA"Read full newsRead More
"Battery materials firm Strategic Minerals (#SML) jumps 6.2pc after revealing that sales revenues in Sept quarter were 26.3pc higher YoYCash sat at $0.8m as at 30 Sept and regular demand has resumed at Cobre magnetite operation (excluding major client)https://t.co/f8xoV4NU1t"Read full newsRead More
"SolGold (#SOLG) advances as it Ecuador Gov and indigenous groups agree deal for immediate end to the recent protests following talks brokered by the UN and the Catholic Church.Firm employs c.700 people, of which 98% are Ecuadoreanhttps://t.co/tR5OAZ7ymT@SolGold_plc"Read full newsRead More
"Kavango Resources (#KAV) enjoys a 6.3pc boost as it starts drilling at the first ofthree targets on the Kalahari Suture Zone in Botswana-Objective is to verify geological model aimed at finding a Norilsk-style magmatic sulphide ore body.https://t.co/vgQwcWjLFs@KavangoRes"Read full newsRead More
"Ariana Resources (#AAU) provides strong update on Salinbas project-Ardala operational licence renewed for 5 years-All licences comprising Salinbas now secured as operational licences-Drilling expected to recommence from Q2 2020.https://t.co/M6n6eBzijG@ArianaResources"Read full newsRead More
"Anglo Asian Mining (#AAZ) announces YTD Q3 2019 total production of 60,122 gold equivalent ounces, down from 61,761 in YTD Q3 2018Made $8.5m in the quarter, down from $9.3m in H1 2019Had $19.1m in net cash as at 30 September, up from $15.2m at 30 Junehttps://t.co/QALShsTYFD"Read full newsRead More
After opening marginally up and edging up further in early trades, the TSX slipped into negative territory Thursday morning. The downward trend was the result of economic data from either side of the border due to uncertainty about the approval of the deal and worries about U.S.-China trade dispute. However, materials shares and mining stocks remained in demand following news from several Canadian...Read More
The Federal Reserve is up to its old tricks under a new name. Any name really, just definitely not the old name.It just announced that it is reversing course and buying $60 billion a month of government-backed debt.But don't call it quantitative easing! Don't confuse this with stimulus!The Fed is adamant that this is completely different. It doth protest too much, methinks.Here's what's going on....Read More
Oct 18, 2019 Guest(s): Jon Lamb Portfolio Manager, Orion Resource Partners Silver has been lagging gold, but if gold can hold current price levels, then the white metal can start to outperform, this according to Jon Lamb, portfolio manager of Orion Resource Partners. "I think silver takes off if gold continues to stabilize at these levels, I think you'll see more interest in silver. Gold miners...Read More
An increase in copper concentrate treatment and refining charges (TC/RCs) so far this month reflects a drop in the number of spot deals ahead of annual contract negotiations that are set to start during the annual London Metal Exchange Week gathering. With major smelters well stocked, bids are close to the new quarterly price floor set by the China Smelters Purchase Team (CSPT). Traders, meanwhile...Read More
Three-month prices of base metals traded on the London Metal Exchange, with the exception of tin and lead, were buoyed by a weaker US dollar to close up at the afternoon kerb on Friday October 18.The LME three-month copper price finally began to make gains, closing up 1.1% at $5,806 tonnes from yesterday's $5,739 per tonne close. Much has been made of copper futures' lack of reaction to tightening...Read More
The alumina price on a fob Australia basis has stabilized just below $280 per tonne in the week ending Friday October 18, after a flurry of deals over the past week. Fastmarkets calculated the benchmark daily alumina index, fob Australia at $278.25 per tonne on Friday, down from $277.14 per tonne on Thursday. It has hovered between $277 and 278 per tonne over the past week. Key drivers: ...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announces that its wholly owned subsidiary, Select Sands America Corp., has recently sold its 457-acre Bell Farm property for $700,000 USD subject to a 20-year deed restriction to any sand mining on the property. The Company will retain the exclusive rights to lift the deed restriction within the 20 year restrict...Read More
Rio Tinto's copper and aluminium production dropped due to unexpected shutdowns during the third quarter.The company's Yarwun alumina refinery in Australia shut over the third quarter for 35 days; the shutdown has since ended.Total alumina production was down by 7% during the third quarter at 1.8 million tonnes.At $278.25 per tonne, the Fastmarkets Alumina index, fob Australia has sunk to around t...Read More
Adam HamiltonArchivesOct 18, 2019 The gold miners are likely to report blowout profits in this spinning-up Q3'19 earnings season. Higher production, stable costs, and much-higher gold prices should combine for some super-impressive results. That's going to leave the still-undervalued gold miners much more attractive fundamentally, supporting bigger capital inflows and much-higher stock prices. Q3...Read More
The court found the former head of the government inspection body had been actively involved in anti-Amulsar activities prior to his federal appointment which raised reasonable doubts about his objectivity. The court ruled Artur Grigoryan failed to recuse himself from considering the matter when required to do so and declared his directive invalid."This ruling is yet another confirmation that unla...Read More
An increase in copper concentrate treatment and refining charges (TC/RCs) so far this month reflects a drop in the number of spot deals ahead of annual contract negotiations that are set to start during the annual London Metal Exchange Week gathering. With major smelters well stocked, bids are close to the new quarterly price floor set by the China Smelters Purchase Team (CSPT). Traders, meanwhile...Read More