U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade.Index futures were virtually unchanged following release of the Weekly Initial Jobless Claim report at 8:30 AM EDT. Consensus was an increase to 217,000 from 215,000 last week. Actual was 209,000.Walt Disney added $1.42 to $136.28 after Credit Suisse upgraded the stock to Buy and raised it...Read More
South Korea has stepped up radiation checks on Japanese ferrous scrap imports amid rising political and economic tensions, increasing the likelihood of weaker demand and port congestion in South Korea."South Korean inspectors have been boarding every single vessel transporting Japanese ferrous scrap and taking long periods of time to carry out very strict radiation checks," a source at a Japanese...Read More
August 8, 2019 - Vancouver, BC - It is with profound sadness that ATAC Resources Ltd. ("ATAC") announces the passing of Julia Lane, its Vice President of Exploration. Julia and 24 year old Shawn Kitchen, the pilot of the Alkan Air flight, were casualties in a fatal aircraft accident on August 6, 2019. The C208 Caravan aircraft, operated by Alkan Air of Whitehorse, was lost during a routine service...Read More
Sebnem Duzgun, professor and Fred Banfield Distinguished Endowed Chair of Mining Engineering at Colorado School of Mines, has been awarded funding from the U.S. Department of Energy to apply new machine learning techniques to geothermal exploration.Duzgun will receive $500,000 over 18 months for her project, which was one of 10 nationwide recently selected for DOE funding. Specifically, Duzgun an...Read More
Thickened tailings deposition for closureSPONSOREDsrk consultingNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsMackenzie took to the public stage in London in late July to publicise his company's respons...Read More
Under the cloud of slumping base metal prices, advanced-stage developer Nevada Copper (TSX: NCU) says it remains on schedule at its wholly-owned Pumpkin Hollow copper project near Yerington in west-central Nevada. The planned underground copper mine is slated for start-up by year-end, with a proposed second-stage, open-pit phase aiming to come online in 2023. The development project is touted by t...Read More
U.S. firms have been atop the industry pursuing precious metals across the globe.The Northern Miner presents its top-10 list of U.S.-based, mid-tier and junior precious metals companies.1. Coeur MiningMarket cap: US$1.3 billionCoeur Mining (NYSE: CDE) is a diversified precious metals producer and owns the silver-gold complex of mines in Chihuahua, Mexico; the Rochester open-pit silver-gold mine in...Read More
SINGAPORE - Nickel prices shot up on Thursday, with London nickel set for its biggest one-day gain in a decade and Shanghai nickel touching a record high amid worries that major supplier Indo...Read full newsRead More
* Nickel price rose to 16-mth high on talk of earlier export banRead full newsRead More
SINGAPORE - Nickel prices shot up on Thursday, with London nickel set for its biggest one-day gain in a decade and Shanghai nickel touching a record high amid worries that major supplier Indo...Read full newsRead More
The Environmental Protection Agency said it would withdraw its option to veto the proposed Pebble mine, which opponents say would endanger the Bristol Bay salmon fishery.Read full newsRead More
The Environmental Protection Agency said it would withdraw its option to veto the proposed Pebble mine, which opponents say would endanger the Bristol Bay salmon fishery.Read full newsRead More
(Bloomberg) -- The largest exchange-traded fund that tracks gold miners attracted the most speculators in the latest sign of growing interest in the precious metal.VanEck Vectors Gold Miners ETF's call and put options open interest, a tally of outstanding contracts, is hovering near an all-time highRead full newsRead More
Searchlight Resources Inc. ("Searchlight" or the "Company") (TSXV:SCLT) is pleased to announce that it intends to complete a private placement of flow-through and non-flow-through units (the "Private Placement").Read full newsRead More
SINGAPORE - Nickel prices shot up on Thursday, with London nickel set for its biggest one-day gain in a decade and Shanghai nickel touching a record high amid worries that major supplier Indo...Read full newsRead More
This week started off just swell, with the biggest drop of 2019 shaving about 3% off the markets.Goodbye nearly $1 trillion.What a shocker, though. Who could have seen it coming?Everyone. The answer is everyone. Quite frankly, anyone surprised should be ashamed.We knew there had been no progress, only tepid platitudes about how important reaching a trade agreement is for both nations.We knew that...Read More
Weak demand and bearish macroeconomic factors continued to pressure primary aluminium foundry alloy premiums lower in Europe and the United States on Friday August 9.Fastmarkets assessed the aluminium wheel alloy silicon 7 ingot premium ddp Germany at $335-355 per tonne on Friday, down from $340-355 per tonne on July 11. The premium fell for the second straight month, with market participants...Read More
Aug 09, 2019 Guest(s): Mark Cuban Owner, Dallas Mavericks "I hate gold. Gold is a religion," Mark Cuban, owner of the Dallas Mavericks, told Kitco News in an exclusive interview at the Three Sharks In A Castle Symposium. "I do not see it as an alternative to currency." Cuban said that while there may be some fundamental value to gold, "everything else is a collectible," he said, adding that gold...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Zinc's three-month price on the London Metal Exchange fell by 3% at the close of trading on Friday August 9, dropping its lowest price September 2016, while nickel futures held at newly elevated levels despite a 1.6% decline (over the day?). Turnover across the exchange was fairly light over the day's trading, with nickel volumes leading the complex at just over 10,500 lots exchanged by the close....Read More