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Gitennes to Drill Deepest Hole at Snowbird High Grade Gold Project as Part of Phase III Diamond Drill Programme...

October 31, 2019 / twitter.com

"Gitennes to Drill Deepest Hole at Snowbird High Grade Gold Project as Part of Phase III Diamond Drill Programme https://t.co/xtkmMrzwNz #ResourceNews #Gold $GIT $GILXF"Read full newsRead More

GoldSpot Signs 4-year Deal with MERC, Collaborating on a $104 Million MERC-led R&D program

October 31, 2019 / bit.ly

GoldSpot Discoveries Corp. is pleased to announce it has commenced a four-year collaboration with the Metal Earth project.Read full newsRead More

Petra Diamonds (#PDL) launches artisanal small scale mining initiative in the free state town of Koffiefontein in S...

October 31, 2019 / twitter.com

"Petra Diamonds (#PDL) launches artisanal small scale mining initiative in the free state town of Koffiefontein in South Africahttps://t.co/wNCFlfGvKH"Read full newsRead More

Silver Spruce Completes Melchett Lake Due Diligence Field Program

October 31, 2019 / bit.ly

Silver Spruce Resources is pleased to announce the completion of its field due diligence program on the Melchett Lake Zn-Au-Ag project.Read full newsRead More

Thor Mining (#THR) trading up 8.5pc on the release of its latest quarterly results. Plans for Dec quart include: -...

October 31, 2019 / twitter.com

"Thor Mining (#THR) trading up 8.5pc on the release of its latest quarterly results. Plans for Dec quart include:-Second phase drilling at Bonya-Ongoing talks with potential Molyhil partners,-Ongoing talks with potential US investors at Pilot Mountainhttps://t.co/C67f9w6tJ7"Read full newsRead More

Renforth Commences Fall Exploration and Drilling Programs at Malartic West, New Alger

October 31, 2019 / bit.ly

Renforth Resources Inc. (CSE:RFR, OTC:RFHRF) offers shareholders the following updateRead full newsRead More

Junior Mining Equities on Downtward Trend Admist A Rising Gold Price

November 01, 2019

Last week saw the junior gold miners continue their downward trend despite gold prices demonstrating further gains in the metals space. The yellow metal continues to hover around the US$1,500 per ounce level for almost six weeks, with some volatility during this period that saw prices rise and fall briefly to US$1,535 and US$1,471 per ounce, respectively. The stable trend in the price of gold and...Read More

Gold Stocks' Winter Rally 4

November 01, 2019 / www.miningfeeds.com

The gold miners' stocks have surged in 2019, blasting higher after gold's first bull-market breakout seen in several years. That powerful summer rally left them really overbought, necessitating a correction to rebalance exuberant sentiment. That grinding consolidation lower has set them up nicely for their winter rally, this sector's seasonally-strongest time of the year. These seasonal tailwinds...Read More

I Don't Have to Tell You Things Are Bad

October 26, 2019 / www.outsiderclub.com

Chile, Paris, Hong Kong, Indonesia, Haiti.On the surface, these places have little in common. But recent news headlines have tied them all together under one common theme.Unrest.Look at news coming out of any of these places in the past few months. You'll see that frustrated citizens have taken to the streets in the tens of thousands for a variety of reasons.In some places, the reasons are economi...Read More

How to invest in mining when juniors are still uncompetitive

October 31, 2019 / www.kitco.com

Nov 01, 2019 Guest(s): Kai Hoffman CEO, Soar Financial Group Junior miners still cannot compete with broad equities at the moment, and until the markets look elsewhere for returns, generalist investors can turn to mid-cap or senior producers, said Kai Hoffmann, CEO of Soar Financial Group. "Start at the top, it depends on the risk profile. Of course, the highest rewards are in the junior stocks...Read More

Max Keiser: China secretly hoarding gold and will unleash crypto backed by metal and destroy USD

October 31, 2019 / www.kitco.com

Nov 01, 2019 Guest(s): Max Keiser China's big move for the 21st century is to pull a "trap door" on the U.S. by launching a gold-backed crypto currency that will devalue the U.S. dollar to "zero," this according to Max Keiser, host of the Keiser Report. "[China] is rolling out a cryptocurrency, a lot of the details have not been divulged. I can tell you that the cryptocurrency that China's roll...Read More

Gold Stocks' Winter Rally 4

November 01, 2019 / www.miningfeeds.com

The gold miners' stocks have surged in 2019, blasting higher after gold's first bull-market breakout seen in several years. That powerful summer rally left them really overbought, necessitating a correction to rebalance exuberant sentiment. That grinding consolidation lower has set them up nicely for their winter rally, this sector's seasonally-strongest time of the year. These seasonal tailwinds...Read More

Copper concentrate TC/RCs rise on resumption of deliveries from Las Bambas

November 02, 2019 / www.metalbulletin.com

Copper concentrate treatment and refining charges (TC/RCs) rebounded slightly amid a lack of spot deals while annual contract negotiations kicked off during the annual London Metal Exchange Week gathering this week.Fastmarkets' copper treatment and refining charges index cif Asia Pacific was at $56.3 per tonne/5.63 cents per lb as of Friday November 1, compared with $55.9/ 5.59 cents a week earlie...Read More

LIVE FUTURES REPORT 01/11: LME aluminium price ends week strongly, hits six-week high

November 02, 2019 / www.metalbulletin.com

Aluminium closed at its highest in six weeks on the London Metal Exchange on Friday November 1 while copper also continued its recovery. The three-month aluminium closed at $1,786 per tonne this afternoon after peaking earlier at $1,790 per tonne. More than 18,000 lots changed hands by the close, the highest one-total since July. Still, market participants must factor in costlier financing conditi...Read More

ALUMINA ROUND-UP: Fob Australia price at 4-week high; more trades in Fastmarkets-LME contract

November 02, 2019 / www.metalbulletin.com

The alumina price on a fob Australia basis rose to $285 per tonne in the week ending Friday November 1, its highest since early October, thanks to continued import demand from China. Fastmarkets calculated the benchmark daily alumina index, fob Australia at $285.18 per tonne on Friday, down only slightly from $285.42 per tonne on the previous day. Before Thursday, it had not traded above $285 per...Read More

Copper concentrate TC/RCs rise on resumption of deliveries from Las Bambas

November 02, 2019 / www.metalbulletin.com

Copper concentrate treatment and refining charges (TC/RCs) rebounded slightly amid a lack of spot deals while annual contract negotiations kicked off during the annual London Metal Exchange Week gathering this week.Fastmarkets' copper treatment and refining charges index cif Asia Pacific was at $56.3 per tonne/5.63 cents per lb as of Friday November 1, compared with $55.9/ 5.59 cents a week earlie...Read More

GLOBAL CHROME SNAPSHOT: UG2 chrome ore slides again in China after suppliers cut offers

November 02, 2019 / www.metalbulletin.com

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday November 1.China Imported UG2 chrome ore prices dropped by 4% because of lower offers from suppliers. Conditions had been stagnant in recent weeks. Turkish lumpy chrome ore prices softened in response to weak demand. In light of the lower chrome ore offers at the start of the week, Tsingshan Group.....Read More

China's MMG exiting ASX

November 01, 2019 / www.mining-journal.com

The company expects its CHESS Depositary Interests to be suspended on December 2 before being delisted on December 4. Hong Kong will remain its home bourse.Read More

Xylem downgrades full-year earnings guidance

November 01, 2019 / www.mining-journal.com

The manufacturer and supplier, which produces pumps and water handling and waste management systems for mines and quarries, among a host of other industry segments, posted revenues of $5.2 billion last year."Solid demand and disciplined execution in our largest markets drove margin expansion and delivery on our earnings commitments," said company CEO and president Patrick Decker."Steady revenue gr...Read More

ALUMINA ROUND-UP: Fob Australia price at 4-week high; more trades in Fastmarkets-LME contract

November 02, 2019 / www.metalbulletin.com

The alumina price on a fob Australia basis rose to $285 per tonne in the week ending Friday November 1, its highest since early October, thanks to continued import demand from China. Fastmarkets calculated the benchmark daily alumina index, fob Australia at $285.18 per tonne on Friday, down only slightly from $285.42 per tonne on the previous day. Before Thursday, it had not traded above $285 per...Read More

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