Carube Copper (TSXV: CUC) announced this week that it acquired a 100% interest in 300 mineral claims covering the Stewart Brook gold project area in Guysborough County, Nova Scotia.The claims were acquired through staking directly from the government, cover 46 square kilometers and are located along strike of Atlantic Gold's Cochrane Hill deposit. Three historical gold districts are within 5 kilom...Read More
Carube Copper (TSXV: CUC) announced this week that it acquired a 100% interest in 300 mineral claims covering the Stewart Brook gold project area in Guysborough County, Nova Scotia.The claims were acquired through staking directly from the government, cover 46 square kilometers and are located along strike of Atlantic Gold's Cochrane Hill deposit. Three historical gold districts are within 5 kilom...Read More
"The copper and silver mineralization is in sandstone and shale, and is especially concentrated where these rocks contain layers of carbon in the form of fossilized plant fragments"Aurania Resources (TSXV: ARU) reported finding high-grade copper and silver over an area measuring six kilometres by three kilometres in the Kirus target area of the Lost Cities - Cutucu project in southeastern Ecuador....Read More
"The copper and silver mineralization is in sandstone and shale, and is especially concentrated where these rocks contain layers of carbon in the form of fossilized plant fragments"Aurania Resources (TSXV: ARU) reported finding high-grade copper and silver over an area measuring six kilometres by three kilometres in the Kirus target area of the Lost Cities - Cutucu project in southeastern Ecuador....Read More
(Updates with closing prices)By Peter HobsonLONDON, April 10 (Reuters) - Zinc touched a two-week low onWednesday on concerns that Chinese smelters will ramp up output,but prices were supported by a shortage of immediately availablematerial on the London Metal Exchange (LME).Benchmark zinc on the LME closed 0.4 percent up at$2,873 a tonne after slipping to $2,842, its lowest since March26.Deficits...Read More
It is the perceived value of the gold that drives its price.There is a "finite" amount of gold available at any given point in time.With a relatively static supply and growing demand, what are the main factors that drive the price of gold?By Scott Bauer At a Glance With more than 3,000 metric tons mined in 2018, gold prices are still moved by supply. How much depends on several other fac...Read More
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Gold _ Silver Spot Gold shorts at 1301/03 stopped above 1305 to target 1308/09 then minor resistance at 1312/13. A break above 1314 is a buy signal initially targeting 1319/20.Good support at 1303/01 but below 1299 risks a slide to minor support at 1294/92. Important support at 1284/82. Longs need stops below 1279. Silver topped exactly at our selling opportunity at 1532/35 with stops above 1540....Read More
Ecuador-focused miner SolGold (LON, TSX:SOLG) said drilling at its Cascabel copper-gold project in the country's north has revealed previously unknown mineralization, further increasing the size of one of the biggest copper discoveries of recent years.Together with the high-grade find, over 1.5% copper equivalent, the company has also detected mineralization within the inferred resource area at t...Read More
Ecuador-focused miner SolGold (LON, TSX:SOLG) said drilling at its Cascabel copper-gold project in the country's north has revealed previously unknown mineralization, further increasing the size of one of the biggest copper discoveries of recent years.Together with the high-grade find, over 1.5% copper equivalent, the company has also detected mineralization within the inferred resource area at t...Read More
Ecuador-focused miner SolGold (LON, TSX:SOLG) said drilling at its Cascabel copper-gold project in the country's north has revealed previously unknown mineralization, further increasing the size of one of the biggest copper discoveries of recent years.Together with the high-grade find, over 1.5% copper equivalent, the company has also detected mineralization within the inferred resource area at t...Read More
Driven by need, tens of thousands of women are risking death, disease and sexual violence to scrape a living in the country's informal mining sectorRead full newsRead More
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Published 23 Hours AgoUpdated6 Hours AgoReuters Mariya Gordeyeva | ReutersGold hit a near two-week high on Wednesday, supported by softer U.S. economic data and as the European Central Bank reinforced an accommodative monetary policy, with focus turning to the minutes from the U.S. Federal Reserve's March meeting.Spot gold was up 0.2 percent at $1,306.88 an ounce, its highest since March 28. U.S....Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average tumbled on fears of a U.S.-EU trade war and the IMF's prediction of continued slowing global economic growth. Apple (AAPL - Get Report) climbed after analysts at Wedbush raised the tech giant's price target to $225 from $215 and maintained their outperform rating on the stock. Walt Disney (DIS - Get...Read More
A summary of base metals premiums from across the globe for the week to Tuesday April 9.Please click...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Tuesday April 9, with a dip in the dollar index below the psychological level of 97 doing little to prompt rallies, while stock inflows continue push prices lower. Despite trading comfortably above $6,500 per tonne for much of the day, copper's three-month price closed $13 per tonne shy of the psychologica...Read More
When it comes to investing in precious metals, everyone's thought goes straight to gold. However, you may be surprised to find out that at this point, gold might not be the best precious metal to invest in this year.Right now, gold costs $2,298 per ounce, making it relatively expensive. Furthermore, considering that the sales in China and India have gone down, you could say that gold is slowly (bu...Read More
Soci?(C)t?(C) Generale will close its proprietary and over-the-counter (OTC) commodities business including its metals trading, as part of a global cost cutting exercise involving 1,600 job losses, the company said on April 9.The French bank is a category I London Metal Exchange dealer and plans to continue this activity through its brokerage arm Newedge Group, informed sources confirmed to F...Read More
"They may try to run this poor thing straight up and over a cliff. Recall the 2000 top was in March but they briefly ran it back in Sep 00. Ditto in Oct 07. When warning signs are ignored, the endings are abrupt. Maintain safety nets, but don't assume stupidity has limits." - John HussmanBefore I saw that quote from Hussman on Twitter, I was contemplating how the trading patterns this year in bond...Read More