"VIDEO: Power Metal reveals initial drilling plans and third-party interest at Botswana project https://t.co/hcmsxiWXM2 #POW @PowerMetRes @VNS_Global"Read full newsRead More
"REPORT: Horizonte Minerals- Accelerating plans to bring the Araguaia ferronickel project into productionHere, we have taken a deep dive into Araguaia's development, its attractive economics, and its exciting stage two potentialhttps://t.co/yUW6bwXDsK#HZM @HorizontePLC"Read full newsRead More
"Shefa Gems (#SEFA) has announced the passing of its chief executive Avi Taub.Our condolences go out to both Shefa and Mr Taub's familyhttps://t.co/DN1kLhcEGo"Read full newsRead More
"Power Metal (#POW) update on MFC project in Botswana-Five targets from Q2 survey selected for drilling.-Project interest from third parties-Preference is to complete initial drilling before any agreement, says firmhttps://t.co/apn6U373wS"Read full newsRead More
"KEFI Minerals (#KEFI) receives all Gov permits and independent consultant reports required for closing project equity financing at Tulu Kapi-Only matter outstanding is for the Ethiopian Gov to resolve 'certain internal administrative matters'.https://t.co/jkTIFsdtWd"Read full newsRead More
"Oriole Resources (#ORR) enjoys a 6pc lift on Turkey update:- YTD cashflows from Turkish investments have exceeded G&A in same period;-1.2pc NSR confirmed at the Muratdere project -Deal signed with Turkish firm for Hasan??elebi and Do??ala projectshttps://t.co/1ADINyQkl4"Read full newsRead More
"Rainbow Rare Earths (#RBW) up 6pc following double update. Highlights:-CEO and chairman have bought c.5.5m shares at 3p each-Exp programme to run in parallel to current mining with updated JORC-compliant resource statement targeted in early 2020https://t.co/DKZWcYO2ao"Read full newsRead More
Over the past six months, the market has essentially stalled. The S&P 500 is at 3,005 now, just about 2.5% higher than it was in April.In that time:We've had the Fed reverse course on interest rates.The trade war with China has escalated.We've careened from one foreign policy blunder to another.We got the Mueller Report, but we're seeing impeachment proceedings over a Ukraine scandal.The manufactu...Read More
Oct 30, 2019 Guest(s): Bruno Kaiser Head of Metals & Mining, Desjardins Passive funds have taken over the entire investment universe, not just the metals and mining industry, and this trend of ETFs and quantitative funds has been responsible for the slowdown of financing activity in the junior mining space, this according to Bruno Kaiser, head of Metals and Mining at Desjardins. "My theory is th...Read More
Oct 30, 2019 Guest(s): Nick Hodge Founder, The Outsider Club Junior gold miners have lagged the bullion for a few key reasons, primarily due to poor investor perception of the sector, this according to Nick Hodge, founder of The Outsider Club. "One, they don't believe the rally. I equate junior investors to beaten dogs, they saw the first ascent in 2016 and that immediately got taken away from t...Read More
The three-month price of lead on the London Metal Exchange was lower at the close of trading on Wednesday October 30, falling by more than 2% against tight forward spreads, while aluminium futures closed at their highest level since September 24.Lead's outright price closed at $2,208 per tonne on Wednesday afternoon, softening from an intraday high of $2,256.50 per tonne. A little more than 3,500...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday October 30.Please click...Read More
Three-month base metals traded on the London Metal Exchange mostly failed to make gains in the morning session on Wednesday October 30 amid low volumes traded across the complex, with a weaker dollar index, down by 0.04% at 97.65, failing to stimulate investors' appetites.The global macro picture continues to exert a hold over the metals market while United States-China trade tensions rumble on, a...Read More
Bob Moriarty ArchivesOct 30, 2019A couple of months ago I had the privilege of participating on a webcast with U.S. Global Investors’ Frank Holmes. Frank and I go way back—I’ve been writing about his gold funds since I started 321gold several years ago—so you can probably guess that the topic of the webcast was opportunities in gold investing. I found the discussion timely...Read More
Keith WeinerPosted Oct 30, 2019We talk a lot about the falling interest rate, the too-low interest rate, the near-zero interest rate, the zero interest rate, and the negative interest rate. Hat Tip to Switzerland, where Credit Suisse is now going to pay depositors -0.85%. That is, if you lend your francs to this bank, they take some of them every year. Almost 1% of them.A bank deposit comes with a...Read More
Adriatic said the funds would allow it to complete a bankable feasibility study. The funds are being raised by issuing new shares priced at $1 each.Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday October 30 that are worth another look.The GFG Alliance will consolidate all of its steel businesses into one global group named Liberty Steel Group by the end of this year and align them with a strategy for carbon-neutral operations by 2030.Japanese copper producer Pan Pacific Copper (PPC) has offered its Chinese customers co...Read More
Chinese aluminium producer Xinfa Group has material and production lines prepared for restarting operations at its Jiaokou alumina refinery in Shanxi province, market sources told Fastmarkets on Wednesday October 30.Xinfa's Jiaokou alumina refinery, which has a 2.8 million-tonne-per-year alumina capacity, was ordered to be closed due an investigation of its chemical leakag...Read More
Tsingshan Group has kept its ferro-chrome tender price for November delivery unchanged at a time when upstream chrome ore prices have been under pressure. The eastern China-headquartered stainless steel mill announced on Wednesday October 30 that its November high carbon ferro-chrome tender price will remain at 6,396 yuan ($906) per tonne, unchanged from October. The latest tender price from Tsing...Read More
By: Ira EpsteinGold's move yesterday did a lot of damage to the chart, no more uptrend short-term -- rebuilding pattern:Read More