North American market futures were looking positive but European futures were pointing to a negative start at the time of writing.Economic bellwether copper closed up 0.45% on the London Metal Exchange yesterday.Mining equities gained in London yesterday, led by Glencore's (LSE: GLEN) rise of 3.81%.In Toronto, junior GoWest Gold (TSXV: GWA) had a good day out, gaining 80.77% as it reported reachin...Read More
The company drilled 2,357m in 16 diamond drill holes at the near-surface Tom North exploration target with highlights including 22.5m grading 6.13% zinc and 0.95% lead. The results confirmed the target has potential to be mined in an openpit, which the company believes will improve overall preliminary assessment (PEA) economics of the project."With these positive first drill assays now in, we look...Read More
The umbrella name will be adopted by the ASX-listed vehicle, which merged with Barminco last year, and will sit above its mining and investment business units such as Barminco, African Underground Mining Services, and its logistics and supply arms. The Ausdrill legacy will continue as its Australian surface drilling operations. Herpetologists and naturalists might recognise the new name...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") announces a non-brokered private placement to raise $3.0M consisting of 7.5 million units at a price of $.40 cents per unit with one strategic investor. Each unit will consist of one common share and one half warrant exercisable at $.60 per share for a period of two years.Marc Seelenfreund, CEO of Siy...Read More
The company said last week it was putting Campo Morado, in Guerrero state, back on care and maintenance for reasons including a decline in zinc prices and concerns about the health and welfare of itsRead More
Cobalt prices have risen by more than 25% since Glencore announced it would close its Mutanda mine and in doing so bring forward expectations of a shortfall in cobalt supply. But with other projects ramping up or in the pipeline, stockpiles to be worked through, and a short-term approach to raw materials procurement, Chinese battery-related buyers are skeptical they will be affected by tightness i...Read More
By: Ira EpsteinGold in a drift. Long-term, nothing bearish. The miners are different..Read More
Aug. 16th, 2019(S14-E709)Featured GuestsGerald Celente &Bill MurphyNote: Guest order via seniority.Please Listen HereInterview RecapBill Murphy of GATA.org returns with GATA.org's latest report on the stunning 3 month PMs rally.Once silver breaches $21 is breached, the next leg could send silver sky-high.The cost of living relative to typical domestic income per capita has increased sharply.T...Read More
Ahead of Fastmarkets' Battery Materials Europe conference in Amsterdam, find out what our industry experts think are the key drivers in the market and what's on the horizon. Fastmarkets will host a free web seminar on Wednesday September 18 at 3pm London time to discuss recent market moves in the battery raw materials sector. Click here to register for the webinar. Date Wednesday September 18, 201...Read More
Demand for deep-sea scrap in Turkey remained sluggish because of the weak markets for finished long steel and billet, sources said on Tuesday August 20.There were only a few mills in the market looking to book scrap this week, while many other mills were quiet, and had halted or cut production, the sources said."I heard that three steel mills were looking for deep-sea material today," a Turkish mi...Read More
Concerns about weak economic data, geopolitical headwinds and the risk of a slow slide toward global recession are dominating market sentiment; short-term relief may come from more concerted central bank stimulus, but the real cure will only likely come from a new trade deal.Equities and bond markets will no doubt react positively to easier monetary policy, but the metals are unlikely to be hoodwi...Read More
The largely synchronized moves in gold, copper and oil have been disrupted in part by the trade war and U.S. monetary policy. Blu Putnam, Chief Economist at CME Group, explains. More insights Read more stories like this on OpenMarkets. And for trader tools and resources visit: https://activetrader.cmegroup.comRead More
Cobalt prices have risen by more than 25% since Glencore announced it would close its Mutanda mine and in doing so bring forward expectations of a shortfall in cobalt supply. But with other projects ramping up or in the pipeline, stockpiles to be worked through, and a short-term approach to raw materials procurement, Chinese battery-related buyers are skeptical they will be affected by tightness i...Read More
Ahead of Fastmarkets' Battery Materials Europe conference in Amsterdam, find out what our industry experts think are the key drivers in the market and what's on the horizon. Fastmarkets will host a free web seminar on Wednesday September 18 at 3pm London time to discuss recent market moves in the battery raw materials sector. Click here to register for the webinar. Date Wednesday September 18, 201...Read More
Millrock Resources Inc. (TSX-V: MRO) is a project generator company, focused on gold and copper in Alaska, USA, and Sonora, Mexico. We learned from Gregory Beischer, President and CEO of Millrock Resources, that their key projects currently are the large copper porphyry project, called Batamote, in Sonora, Mexico, and the Chisna project in Alaska. Of particular note is a new strategic acquisition...Read More
I am getting old. Perhaps I drank too much on vacation - those umbrella drinks at the tiki bar were brutal in hindsight. An honest Scotch is a better, more pure libation. Scotch will tell you right up front what it is about. There is no pussyfooting around like you'll find in pink drinks near the water.There is something about toes in the sand and girls in bikinis that makes the mind go soft. Perh...Read More
Gold Standard Ventures Corp. (NYSE AMERICAN: GSV, TSX: GSV) is an advanced stage gold exploration company focused on district scale discoveries on its Railroad-Pinion Project, located within the prolific Carlin Trend in Nevada. We learned from William Gehlen, manager of corporate development of Gold Standard Ventures Corp., that currently they are advancing three high-grade deposits, within the Ra...Read More
Prices for most flat steel products imported into the United Arab Emirates and Saudi Arabia decreased on lower offers heard in the week ended Tuesday August 20, with demand yet to recover after the Eid al-Adha religious holiday last week.The market was expected to improve later in the month, when the holiday season comes to an end.UAEOffers on imports of hot-rolled coil (HRC) from China and Japan...Read More
The principal flat steel suppliers to Russia's Central Federal District around Moscow kept their prices unchanged this week despite a slowdown in demand, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel hot-rolled sheet, domestic, cpt Moscow, Russia, was unchanged at 45,100-45,500 roubles ($676-681) per tonne on Monday August 19, including 20% VAT. "Mills are citing pla...Read More
The European Commission (EC) proposed some adjustments to the existing safeguard measures for steel product imports in Europe to the World Trade Organization (WTO) on August 14, Fastmarkets has learned.The definitive safeguard mechanism already in place increases the level of tariff-free quotas for each product category by 5% annually. The first liberalization took place on July 1, 2019, which was...Read More