Management of Sirios (TSXV:SOI) is pleased to announce that the engineering firm BBA has been retained to undertake the Company's maiden mineral resource estimate on its Cheechoo gold project located in Eeyou Istchee James Bay, Quebec.Read full newsRead More
Publisher's Note: Mr. James Dines is widely known as the "original goldbug" and we're turning to him today for a look at the fundamental forces at play behind the latest rise in gold and silver.Read on for an excerpt from the latest issue of The Dines Letter and hear from him about what he's calling a "Super Major Bull Market."To Your Wealth,Nick HodgeExperience is the worst teacher; it gives th...Read More
The three-month price of tin on the London Metal Exchange was higher at the close of trading on Wednesday September 11, settling at its highest level since June 21, while a steady downturn across the rest of the complex saw copper fall through its nearby $5,800 per tonne support level.Tin futures traded at an intraday high of $17,750 per tonne, climbing by more than 12% since falling to a four-yea...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday September 11.Please click...Read More
Zambian copper production will drop by 11.6% this year after a series of tax reforms have led to production cost hikes, an industry body said in a statement on Wednesday September 11.Estimated output will fall by 100,000 tonnes this year, according to Zambia Chamber of Mines (ZCM) chief executive officer Sokwani Chilembo, who added that it would essentially remove Zambia from the global top 10 cop...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday September 11 that are worth another look.Australian multi-metal miner Blackstone Minerals considers Vietnam a reliable and equitable jurisdiction for nickel production and export once the Indonesian ore export ban comes into effect in January 2020, chief executive officer Scott Williamson told Fastmarkets last week.Zambian cop...Read More
Meanwhile, Citigroup has forecast the gold price may rise above US$2,000 an ounce in the next two years, Bloomberg reported.Gold hit a six-year high of $1,557.11/oz on the spot market earlier this month but was last trading about $1,490/oz, as markets await looming European and US central bank decisions.Back at Bullfrog, CEO David Beling said: "We are extremely pleased with the dual listing t...Read More
Vancouver, BC - Norra Metals Corp. (TSX-V:NORA) is pleased to announce a private placement offering for the sale of up to 15,000,000 units (each, a "Unit") at the issue price of $0.05 per Unit for gross proceeds of up to $ 750,000. Each Unit shall comprise of one common share and one-half of one share purchase warrant, where each whole warrant (a "Warrant") may be exercised to purchase a fur...Read More
Zambian copper production will drop by 11.6% this year after a series of tax reforms have led to production cost hikes, an industry body said in a statement on Wednesday September 11.Estimated output will fall by 100,000 tonnes this year, according to Zambia Chamber of Mines (ZCM) chief executive officer Sokwani Chilembo, who added that it would essentially remove Zambia from the global top 10 cop...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received an additional purchase order from its first US customer to equip their fleet of yellow school buses with its Uniden (R) UV350, bringing the total order to over $1MM. Furthermore, the county will begin trialing the UV350 in additional first responder vertic...Read More
"I think the gold price will continue to improve, at least in terms of increased investment demand, because there is chaos across the globe," he told Mining Journal during the Precious Metals SummitRead More
The recent rise in ferro-vanadium and vanadium pentoxide (V2O5) import interest in China will likely add further downward pressure on the Chinese domestic market, market sources told Fastmarkets during the Ferro-alloynet International Vanadium Conference on Tuesday September 10. Some Chinese domestic traders have turned to importing vanadium products into China, stimulated by the continued wide pr...Read More
Stewart Thomson, Graceland Updates 1. Is the gold price reaction over? 2. Well, since the rally began in the $1170 area, corrections have not lasted very long. 3. After rallying to the $1566 area, gold has pulled back to about $1500. Please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2019/09/2019sep10gold1.png Double-click to enlarge. Strong...Read More
The financials included contributions from the Atlantis Group books, which Master bought at the back end of last year, to help deliver a modest 4% lift in revenues to US$70 million.Read More
An overview of the minor metals markets and their latest price moves.Read More
Zambian copper production will drop by 11.6% this year after a series of tax reforms have led to production cost hikes, an industry body said in a statement on Wednesday September 11.Estimated output will fall by 100,000 tonnes this year, according to Zambia Chamber of Mines (ZCM) chief executive officer Sokwani Chilembo, who added that it would essentially remove Zambia from the global top 10 cop...Read More
Turkish steel mills stayed out of the deep-sea scrap market and continued to push for lower prices on Wednesday September 11, sources told Fastmarkets.There have been no bookings confirmed since a steel mill in the Izmir region booked a Baltic Sea cargo of 25,000 tonnes of HMS 1&2 (80:20) at $240 per tonne cfr late on Monday.The steel mills...Read More
Australian multi-metal miner Blackstone Minerals considers Vietnam a reliable and equitable jurisdiction for nickel production and export once the Indonesian ore export ban comes into effect in January 2020, chief executive officer Scott Williamson told Fastmarkets last week. With estimated refined production capacity of 10,000 tonnes per year, the company plans to develop its newly-acquired Vietn...Read More
Few times have I come across an investment that you can call a "no-brainer."You know the ones I mean.They're the positions in your portfolio that are as close to a win-win situation as you can get in the market.These investments not only thrive during the best of times, but they'll also perform and make you a tidy profit during the worst.Today, with investors and pundits alike fretting about reces...Read More
China's hot-rolled coil prices dropped on Wednesday September 11 after buying interest thinned further.DomesticEastern China (Shanghai): 3,690-3,700 yuan ($519-520) per tonne, down 10-20 yuan per tonneNorthern China (Tangshan): 3,600-3,620 yuan per tonne, down 10-20 yuan per tonneSources in both eastern and northern China said trading was sparse during the day amid softening futures.A Tianjin-base...Read More