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Tudor outlines new zone at Treaty Creek

February 01, 2019 / www.mining.com

Vancouver's Tudor Gold Corp has outlined what it calls "Goldstorm," a new zone at the Treaty Creek property in the Golden Triangle. Treaty Creek, in which Tudor has a 60% interest and is the operator, borders Seabridge Gold's KSM project to the southwest and Pretium Resources' Brucejack mine to the southeast.Drilling northeast of the Copper Belle zone, Tudor originally thought that the zone was an...Read More

New Pacific Reports First Results From 2018 Drill Program at Silver Sand, Bolivia

February 01, 2019 / silverseek.com

Near Surface Silver Mineralization Intercepted in 94 out of 98 holes; Numerous Significant Intercepts include 76.63 metres grading 383 g/t VANCOUVER, British Columbia - January 22, 2019 -- New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) ("New Pacific" or the "Company") is pleased to announce the first batch of drill results from its wholly-owned Silver Sand Project in Potos?- Department, Bo...Read More

Vale says alarms didn't go off on time in Brumadinho due to 'speed' of sludge

February 01, 2019 / www.mining.com

Residents of Brumadinho, Brazil, where a mining dam ruptured last week leaving at least 110 dead, 238 missing and an environmental disaster of epic proportions, claim a law-enforced alarm didn't go off on time to save lives, local media report.According to O Globo, one of the most respected Brazilian publications, mining giant Vale (NYSE:VALE) acknowledged that warning sirens at its C??rrego do...Read More

BATTERY RAW MATERIALS MARKET REPORT 01/02: Cobalt sulfate holds premium after metal plummets in January

February 02, 2019 / www.metalbulletin.com

An overview of the battery raw materials markets and their price moves from the past week.Read More

LIVE FUTURES REPORT 01/02: LME base metals prices end week higher in mixed trading; Al holds below $1,900/t

February 02, 2019 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were mixed at the close of trading on Friday February 1, with most futures prices ending the week higher amid continued weakness in the US dollar index and LME stock drawdowns. Despite consolidating 0.5% lower over the afternoon, copper's three-month price remains well supported above $6,100 per tonne. While on-warrant material is now above 100,000 t...Read More

Dow and S&P Hold on to Slim Gains While Amazon Drags Nasdaq Into the Red - TheStreet

February 02, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Friday after the U.S. created more jobs than expected in January. Amazon.com Inc. (AMZN)   fell 5.4% after the online retailing giant reported fourth-quarter earnings and revenue that topped Wall Street's forecasts but issued first-quarter guidance that was below expectations.Exxon Mobi...Read More

LME outlines terms of electronic nickel trial; introduces TAS functionality

February 02, 2019 / www.metalbulletin.com

The London Metal Exchange has outlined the terms in which it will conduct its electronic price discovery trial of nickel, introducing a trade-at-settlement (TAS) functionality and setting out a scheduled start date of March 18, the exchange said in a notice to members on Friday February 1. The electronic trial will last for three months and will end on June 18, 2019. Closing prices for nickel will...Read More

BATTERY RAW MATERIALS MARKET REPORT 01/02: Cobalt sulfate holds premium after metal plummets in January

February 02, 2019 / www.metalbulletin.com

An overview of the battery raw materials markets and their price moves from the past week.Read More

There Are Lies, Damned Lies, Statistics and The Employment Report

February 01, 2019 / investmentresearchdynamics.com

Last month the Government's Bureau of Lies And Statistics served up an employment report purporting 312,000 new jobs in December. This despite massive seasonal retail lay-offs in the latter half of the month. The BLS happily counts those jobs when hired in October but forgets to remove them when are dismissed at the end of the holiday shopping season. As John Williams (Shadow Government Sta...Read More

Brazilian justice freezes $3.44 bln from Vale's resources after dam failure

February 02, 2019 / www.metalbulletin.com

Courts in Brazil have ruled that up to 12.6 billion Reais ($3.44 billion) of Vale's assets and resources will be frozen after the rupture of a tailings dam at Vale's C??rrego do Feij??o iron ore mine, the miner stated on Friday February 1.The federal prosecutors' office, state prosecutors and the state government of Minas Gerais, where Feij??o is located made most of the complaints. Additionally,...Read More

Silver Outperforming Gold

February 02, 2019 / www.321gold.com

Adam HamiltonArchivesFeb 01, 2019 Silver recently started outperforming gold again, a watershed event. For long years this white metal has mostly lagged the yellow one, relentlessly battering silver sentiment. But gold surging into year-end 2018 finally sparked some life into moribund silver. This is a bullish sign, as silver has soared in the past once rising prices reach critical mass in attract...Read More

Unlisted Peru producer collapses

February 01, 2019 / www.mining-journal.com

Craig Crosbie and Michael Fung of PwC were appointed as administrators on December 19. Laguna was producing zinc and gold from the small-scale El Toqui mine in Peru.Read More

First Quantum resumes copper output at Las Cruces mill

February 02, 2019 / www.metalbulletin.com

First Quantum Minerals has resumed copper production at its Las Cruces mill in Spain after a land slippage last week, by processing lower-grade stockpiled ore.The stockpiled ore was expected to provide feed for the next several months while the company, which is based in Toronto, Canada, obtains the necessary regulatory approval to begin mining at Phase 6, an area that was not affected by the land...Read More

COT Gold, Silver and US Dollar Index Report - February 1, 2019

February 01, 2019 / news.goldseek.com

COT SPECIAL PUBLICATION SCHEDULE -- The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC expects to publish this report on Friday, February 1, 2019. After this, the...Read More

Silver Outperforming Gold

February 01, 2019 / news.goldseek.com

Read More

BATTERY RAW MATERIALS MARKET REPORT 01/02: Cobalt sulfate holds premium after metal plummets in January

February 02, 2019 / www.metalbulletin.com

An overview of the battery raw materials markets and their price moves from the past week.Read More

NRW Holdings acquires RCR mining business

January 31, 2019 / www.mining-journal.com

RCR called in administrators in November last year after its lenders refused the company more money to service contracts. It collapsed owing creditors more than $500 million.NRW doubled its revenue in FY18 to more than $750 million, and posted a net profit of $42 million (up nearly 50% year-on-year), on the back of its successful acquisition of Queensland mining and civil contractor Golding in Sep...Read More

MINOR METALS MARKET REPORT 01/02: Bismuth continues to move higher; weak demand pressures selenium lower

February 02, 2019 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves. Read More

Walkabout clears Lindi Jumbo RAP hurdle

January 31, 2019 / www.mining-journal.com

After a two-year survey involving over 1,000 people, it was agreed the total mining area compensation payable was US$2 million, with Walkabout having negotiated for a staged payout over six months.The market was pleased with the news, with Walkabout's shares rising 4.17% Thursday to A10c (US7.27c).The company noted compensation costs were more than estimated in the definitive feasibility study, du...Read More

METALS-Aluminium drops on Hongqiao restarts; weak Chinese data weighs

February 01, 2019 / www.kitco.com

(Updates with closing prices)By Eric OnstadLONDON, Feb 1 (Reuters) - Aluminium prices dropped onFriday, pressured by concern over excess supply after the topproducer said it would resume some output, while some basemetals were weighed down by weak Chinese factory data.Other metals climbed, however, with zinc hitting its highestlevel in nearly seven months.China Hongqiao Group , the world's top alu...Read More

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