Three-month base metals prices on the London Metal Exchange were broadly up during the morning trading session on Tuesday September 22, ignoring the downtrend in US equity markets, which the metals have been prone to following of late.Dow Jones Futures were subject to a sharp sell-off on Monday, dragging LME base metals prices down with them that same day, but the emergence of dip-buying has led t...Read More
Base metals prices on the London Metal Exchange have rebounded this morning, Tuesday September 22, after weakness in equities on Monday dragged them lower. At the time of our Morning View report on Monday, the LME metals were up by an average of 0.2%, but they ended the day down by an average of 1.6% after concerns escalated about second waves of Covid-19 spreading across Europe. But an across-the...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt standard grade,...Read More
Swiss stainless steelmaker Schmolz + Bickenbach has had its proposal to change the company name approved by shareholders, it said in a press release on Monday September 21.The change of name from Schmolz + Bickenbach AG to Swiss Steel Holding AG was accepted by the shareholders, with 97.92 % of the votes represented. The board of directors had proposed the name of Swiss Steel Group AG.The company...Read More
Fastmarkets is proposing to introduce fallback measures to its two Chinese vanadium fob price assessments amid a significant drop in spot liquidity in China's vanadium export market.Since the second half of 2019, Chinese exporters' interest in shipping vanadium products abroad has been stifled because Chinese prices have been much higher than their European counterparts, which has persisted so far...Read More
Ecuador's highest court has ruled that communities have the right to hold referendums on whether or not proposed large and medium-scale mines can move forward, but said the public can only vote on mining rights not yet granted and not on licenced projects.The constitutional court's decision follows a petition by the government of Cuenca, a city in the country's highlands, to propose questions to a...Read More
Erik BucklandThis week's episode features veteran mining recruiter Erik Buckland, senior client manager at Lincoln Strategy International. Eric says that the difficulty of crossing jurisdictions during the coronavirus pandemic has made it more difficult for mining companies to fill jobs, especially in the United States. He also explains how rare earth projects, with help from the defence industry...Read More
Eskay Mining (TSXV: ESK) has reported assay results for drill hole TV20-35, completed at the TV target within the Corey area in B.C.'s Golden Triangle, which hit 11 metres of volcanogenic massive sulphide (VMS) mineralization, grading 210 grams silver per tonne and 1.23 grams gold per tonne (4.11 grams gold-equivalent per tonne), starting at 194 metres. The section includes higher-grade intervals,...Read More
As Canada looks to responsibly develop its mining and minerals industry as part of its economic recovery plan from the Covid-19 pandemic, the government has announced a $4.5-million investment in E2Metrix to help mining operations recycle wastewater and operate more sustainably. The Quebec-headquartered company specializes in the treatment of wastewater.Wastewater for mining operations can often c...Read More
The world's top gold miners sought to reassure investors on Monday that they're not going on a spending spree despite surging gold prices boosting their shares and free cash flow.Read full newsRead More
In this interview, Andrew O'Donnell is joined by the President and CEO of FPX Nickel, based in Vancouver, Canada. The key topics they discuss are ?EUR? Carbon Ne...Read full newsRead More
Sep 21, 2020 (Baystreet.ca via COMTEX) --Analysts remain bullish on gold. UBS for example believes gold could run even further and remain high “for...Read full newsRead More
(Bloomberg) -- Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics. Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group's Americas c...Read More
Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals pricesRead full newsRead More
Noble Mineral Exploration Inc. is pleased to announce that a diamRead full newsRead More
The world's top gold miners sought to reassure investors on Monday that they're not going on a spending spree despite surging gold prices boosting their shares and free cash flow.Read full newsRead More
Volatility is back with a bang. Overvaluation has introduced a new level of risk to the pandemic-driven markets. Gold and tech stocks have seen certain names run by bulls to unsustainable levels. The past few weeks have seen tech stocks pulling back. This week, it was the turn of precious metals to see the beginning of a broader correction.Not quite a stock market crashMonday saw the S&P/TSX C...Read More
Empty trucks, empty technology, and empty promises.(And hookers, read on)That's exactly what Hindenburg Research accused Nikola Motors (NASDAQ: NKLA) of in a scathing short report last week called Nikola: How to Parlay An Ocean of Lies Into a Partnership With the Largest Auto OEM in America.The high-flying electric car company - which has seen 200% gains in the last six months - was called an "int...Read More
Sep 23, 2020 Guest(s): Charlie Morris CIO, ByteTree Asset Management The gold market is seeing some significant selling pressure as it breaks below critical psychological support at $1,900 an ounce; however, one fund manager said that prices are still holding a healthy premium above fair value. In an interview with Kitco News, on the sidelines of the Denver Gold Forum, Charlie Morris, chief inve...Read More