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Ero Copper boosts production target on back of solid Q2

August 12, 2019 / www.mining-journal.com

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumEro Copper ended the second quarter with an improved cash balance of US$35.7 million, and increased its full-year production guidance for 2019 by 2,000t of copper to between 38,000t-40,000t.The company's C1 cash costs per pound of copper were $1.04 in the second quarter. For gold, from the company's NX gold mine, C1 cash...Read More

Arizona copper project advances

August 12, 2019 / www.mining-journal.com

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe six-year review was conducted by the US States Forest Service.The publication of the DEIS triggers a further public consultation process over a 90-day period, which will inform the final environmental impact statement (EIS) and the next steps in the permitting process for the project.Quality emerges at Galan's bl...Read More

Metals mixed as cross currents hit sentiment

August 12, 2019 / www.metalbulletinresearch.com

Under the cloud of the continuing US/China trade dispute, which has no end in sight and is weighing on global economic activity, market sentiment is subdued. But numerous events are buffeting prices - with nickel supported by short-covering and fresh buying against concerns about present and future supplies, while copper mine supplies may be affected by strikes at ports in Peru. Zinc and tin, rema...Read More

Tech Talk for Monday August 12th 2019

August 12, 2019 / www.timingthemarket.ca

U.S. equity index futures moved lower this morning. S&P 500 futures were down 16 points in pre-opening trade. Index futures responded partially to a decline in second half earnings estimates for S&P 500 companies by Goldman Sachs and Citigroup due to possible impact of a trade war between the U.S. and China.Canfor (CFP $8.80) is expected to open higher after Jim Pattison's company offered...Read More

Why Gold Stocks Rallied During the Great Depression

August 12, 2019 / www.armstrongeconomics.com

QUESTION: Hi MartyCan you enlighten us on what happened back in history to gold mining shares in terms of why shares did not collapse during the crash of 1929 compared to what happened to mine shares in 2008?What happened to the shares held by the public in 1933 when FDR confiscated gold?So you were safe holding the shares!GGANSWER: You must realize that gold was money under the gold standard. Yo...Read More

Top 10 US-based mid-tiers to juniors, non-coal and precious metals

August 12, 2019 / www.northernminer.com

The Northern Miner presents its top-10 list of U.S.-based mid-tier to junior companies, excluding coal and precious metals, according to market cap.1. Intrepid PotashMarket cap: US$432 millionIntrepid Potash (NYSE: IPI) is a diversified minerals company based in Denver, Colo., that delivers potassium, magnesium, sulphur, salt and water products for the agricultural and oil and gas industries. It i...Read More

Editorial: Is the US-China trade war the new normal?

August 12, 2019 / www.northernminer.com

Stocks swooned last week after U.S. President Donald Trump declared in a tweet on Aug. 1 that he would slap a 10% tariff on a further US$300 billion of Chinese imports to the U.S. starting on Sept. 1. (This does not include the US$250 billion already tariffed at 25%.)The U.S. Chamber of Commerce, representing the interests of 3 million American businesses, claimed the threat of more tariffs "wil...Read More

US markets down, Aug. 5-9: Franco-Nevada; Kirkland Lake; Pretium

August 12, 2019 / www.northernminer.com

President Trump's declaration on Aug. 1 that he would impose a 10% tariff on a further US$300 billion of Chinese imports to the U.S. starting on Sept. 1, and his description of China a few days later as a "currency manipulator," hammered markets and sent gold prices soaring over US$1,500 per ounce. New York spot gold closed at US$1,496.20 per oz., up US$56.20 per oz. or 3.90%, while the Dow Jones...Read More

$1 billion missing in gold hedges

August 12, 2019 / www.mining-journal.com

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingNot always a popular topic, and one that can trigger strong views, hedging was one of the high...Read More

#nickel Indonesia to speed up enforcement of mineral ore export ban:

August 12, 2019 / detik.com

Indeks berita terbaru hari ini dari peristiwa, kecelakaan, kriminal, hukum, berita unik, Politik, dan liputan khusus di Indonesia dan InternasionalRead full newsRead More

Gov't takedown of illegal gold mining in Peru shows promise, but at a cost

August 12, 2019 / dlvr.it

Subscribe To Our NewsletterJoin our mailing list to receive the latest news and updates from our team.Read full newsRead More

Three injured as crowd sacks Burkina gold mine

August 12, 2019 / dlvr.it

Three gold mine workers were injured by a furious crowd after a clandestine miner was shot dead at the site in central Burkina Faso, sources said Friday.Read full newsRead More

MGX Minerals Drills High-Grade Gold Mineralization at Fran Gold Project, British Columbia

August 12, 2019 / bit.ly

MGX Minerals Inc. ("MGX" or the "Company") (CSE:XMG)(FKT:1MG)(OTCQB:MGXMF) is pleased to report drill results from the 2018/2019 exploration program at its 13,905 hectare Fran Gold Property ("Fran" or the "Property") located in the Omineca mining division of north-central British Columbia, just 30km southwest of the Mount Milligan Gold-Copper mine.Read full newsRead More

US Stocks Volatile in Q2

August 13, 2019 / www.miningfeeds.com

The U.S. stock markets are becoming more unstable, fueling mounting anxiety about what's likely coming. After surging to new all-time-record highs in late July, stocks plunged in a sharp pullback as the US-China trade war escalated. Stock markets' resiliency in the face of bearish news is partially determined by how companies are faring fundamentally. The big U.S. stocks' just-reported Q2'19 resul...Read More

Scaramucci Talks Gold Price and Market Volatility; Weighs In on a Gold Standard 2.0 (Part 2)

August 12, 2019 / www.kitco.com

Aug 13, 2019 Guest(s): Anthony Scaramucci Former White House Communications Director Gold is a near-term safe haven asset, said Anthony Scaramucci, but the hedge fund manager and former White House Communications Director sees potential in other assets on a longer-term basis. "It's a near-term safe haven but long-term it really doesn't solve people's problems," Scaramucci told Kitco News. "I wou...Read More

US Stocks Volatile in Q2

August 13, 2019 / www.miningfeeds.com

The U.S. stock markets are becoming more unstable, fueling mounting anxiety about what's likely coming. After surging to new all-time-record highs in late July, stocks plunged in a sharp pullback as the US-China trade war escalated. Stock markets' resiliency in the face of bearish news is partially determined by how companies are faring fundamentally. The big U.S. stocks' just-reported Q2'19 resul...Read More

GLOBAL ALUMINIUM WRAP: Sao Paulo premium breaks 3-month stasis; premiums elsewhere flat

August 14, 2019 / www.metalbulletin.com

Aluminium premiums were flat across most regions in the week ended Tuesday August 13, except in Brazil, where the P1020A premium for S??o Paulo delivery ticked higher after three months with no changes. S??o Paulo premium ticks up on dissipating discounts Rotterdam premiums flat, trades thin US Midwest premium unchanged on seasonality MJP steady amid Japanese holidays.Delivered premium up in Brazi...Read More

WEEKLY BASE METAL PREMIUMS REPORT: 13/08

August 14, 2019 / www.metalbulletin.com

A summary of base metals premiums from across the globe for the week to Tuesday August 13. Please click...Read More

LIVE FUTURES REPORT 13/08: LME zinc price passes $2,300/t in 2.6% recovery; nickel nears $16,000/t

August 14, 2019 / www.metalbulletin.com

Zinc's three-month price on the London Metal Exchange was higher at the close of trading on Tuesday August 13, appreciating by around 2.6% and settling above the $2,300 per tonne level in a continuing recovery, while strong buying in nickel saw its outright price closed in on the $16,000 per tonne resistance level. Volumes traded in zinc were low over the day's trading, with 7,700 lots exchanged b...Read More

The Flagification Of Gold

August 13, 2019 / www.321gold.com

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 13, 2019 Please click here now.Double-click to enlarge this chart. Another glorious day for gold investors is underway. Please click here now. Double-click to enlarge. The only better-looking chart than gold right now is... silver! Years ago, I coined the term “flagification&rdq...Read More

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