Recent News

Lara grants Capstone option to buy copper project in Brazil

February 05, 2019 / www.mining.com

Lara Exploration (TSXV: LRA) announced this week that it signed a Definitive Agreement granting Capstone Mining (TSX:CS) an exclusive option to earn up to a 70% interest in the Planalto copper project, located in the Caraj??s province in northern Brazil.In a press release, the companies stated that under the terms of the agreement, Capstone has to pay Lara $200,000 following the receipt of a drill...Read More

Lara grants Capstone option to buy copper project in Brazil

February 05, 2019 / www.mining.com

Lara Exploration (TSXV: LRA) announced this week that it signed a Definitive Agreement granting Capstone Mining (TSX:CS) an exclusive option to earn up to a 70% interest in the Planalto copper project, located in the Caraj??s province in northern Brazil.In a press release, the companies stated that under the terms of the agreement, Capstone has to pay Lara $200,000 following the receipt of a drill...Read More

UPDATE 2-German state ready to buy company stakes to protect core industry

February 05, 2019 / www.kitco.com

* EconMin says new strategy is key to national prosperity * Proposes investment fund to support core industries * Identifies Siemens, Thyssenkrupp, Deutsche, carmakers(Adds quotes, background)By Paul Carrel and Michelle MartinBERLIN, Feb 5 (Reuters) - Germany's government could takestakes in key domestic companies to prevent foreign takeovers,its Economy Minister said on Tuesday, presenting a mark...Read More

UPDATE 2-UK's FTSE 100 at near-3-month high, BP shines on strong 2018

February 05, 2019 / www.kitco.com

* FTSE 100 up 2 pct * FTSE 250 up 0.8 pct * BP jumps 5.1 pct after Q4 results * Ocado reverses course to be up * Indivior tanks on warning of mkt share losses (Adds analyst comments, updates to closing prices)By Muvija M and Shashwat AwasthiFeb 5 (Reuters) - British blue-chip shares surged to theirhighest in nearly three months on Tuesday as heavyweight BPdoubled its annual profit and miners ralli...Read More

Gold

February 05, 2019 / seekingalpha.com

We can certainly point to the drastic appreciation of gold over the last 20 years.Sovereign debt must be a factor in gold's ascendance, too.Apparently, gold purchases are driven more by central bank policy than by economic factors per se.What do 72 countries - including developed nations such as Canada, Australia, Japan, and Sweden; emerging giants such as Argentina, Brazil, Mexico, Nigeria, I...Read More

BlueRock finds another exceptional diamond at South African mine

February 05, 2019 / www.mining.com

BlueRock Diamonds (LON:BRD) said Tuesday it had recovered an "exceptional" 8.97-carat stone at its Kareevlei mine, in the Kimberley region of South Africa.It is the second largest stone mined from Kareevlei and the third valued at more than $50,000. The other two were a 7.76 carat stone sold for $10,070 per carat in 2017 and a 10.58 carat diamond sold for $7,047/carat in 2018.The 8.97 carat stone...Read More

BlueRock finds another exceptional diamond at South African mine

February 05, 2019 / www.mining.com

BlueRock Diamonds (LON:BRD) said Tuesday it had recovered an "exceptional" 8.97-carat stone at its Kareevlei mine, in the Kimberley region of South Africa.It is the second largest stone mined from Kareevlei and the third valued at more than $50,000. The other two were a 7.76 carat stone sold for $10,070 per carat in 2017 and a 10.58 carat diamond sold for $7,047/carat in 2018.The 8.97 carat stone...Read More

A Super Bowl blitz of strippers hit Atlanta - 'Everyone's looking at it like it's a gold mine'...

February 05, 2019 / twitter.com

"A Super Bowl blitz of strippers hit Atlanta - 'Everyone's looking at it like it's a gold mine' https://t.co/zGxt5hpF2H"Read full newsRead More

good natured (R) Joins RangeMe Platform for Retailers Seeking Plant-based Product Alternatives

February 05, 2019 / kincommunications.com

Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that its plant-based products and packaging are now available on RangeMe, an innovative technology platform being adopted by leading North American retailers including Albertsons, Whole Foods, Target, CVS, HEB, Publix, Safeway, Sam's Club and Wegmans.Modeled after modern matchmakin...Read More

Stocks Rise Ahead of Alphabet Earnings - TheStreet

February 05, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Monday. The blue-chip index last week posted gains for the sixth straight week.Clorox Co. (CLX)  rose 5.7% after it posted stronger-than-expected fiscal second-quarter earnings and confirmed its full-year profit outlook.Papa John's International Inc. (PZZA)  soared 9% aft...Read More

MINING INDABA: Ford, Huayou Cobalt in blockchain project to monitor DRC cobalt supplies

February 05, 2019 / www.metalbulletin.com

Automaker Ford Motor Co, China's Huayou Cobalt and South Korean battery supplier LG Chem have joined forces in a blockchain project to monitor cobalt supplies from the Democratic Republic of Congo (DRC), an executive at Ford said. Using technology by IBM and overseen by responsible-sourcing group RCS Global, Ford and its partners are working to ensure that the cobalt used in lithium-ion batteries...Read More

MINING INDABA: Ford eyes EV collaboration, not offtake, mine stakes

February 05, 2019 / www.metalbulletin.com

Automaker Ford Motor Co has no current plans to take stakes in mining assets or secure direct offtake agreements with mining firms in order to produce batteries for electric vehicles, although it hasn't ruled it out entirely. Ted Miller, senior manager for energy storage strategy and research at the Michigan, US-based company, said Ford had "considered all options" and ultimately opted for a more...Read More

LIVE FUTURES REPORT 04/02: LME base metals prices surge; many hit multi-month highs

February 05, 2019 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were predominantly higher at the close on Monday February 4, with nickel, zinc and lead surging while aluminium closed above $1,900 per tonne. The three-month nickel price rallied to its highest since August 2018 above $13,000 per tonne.According to LME data, one dominant position remains in place at 50-79% across total LME nickel stocks, tom/next an...Read More

The Fed Blinked - Gold And Silver Are Going Higher

February 05, 2019 / investmentresearchdynamics.com

Price inflation has been badly misrepresented by CPI figures and have been averaging closer to about 8% annually since gold topped in Sept 2011. Since then the purchasing power of the dollar has declined by about 43%, so that in 2011 dollars the gold price is $740. No one seems to have noticed, leaving gold extremely cheap. - Alasdair Macleod, "Ten Factors To Look For In Gold In 2019"The following...Read More

GLOBAL CHROME WRAP: UG2 prices climb in China amid currency moves

February 05, 2019 / www.metalbulletin.com

The stronger currencies of China and South Africa pushed prices of UG2 chrome ore higher last week. UG2 chrome ore tick up alongside stronger yuan and randAlloy prices hold steady in ChinaAlloy prices weaken in Japan and South Korea European price range widens Alloy prices climb in US UG2 chrome ore prices rose in China on Friday February 1 due to the strengthening of the yuan and the ra...Read More

Trade log February 2019: Ferro-vanadium and V2O5

February 05, 2019 / www.metalbulletin.com

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China. To view the latest price assessments, follow the links below: Europe - Ferro-vanadium, delivered duty-paid in Europe, $ per kg V - Vanadium pentoxide, in-warehouse Rotterdam, $ per lb V2O5 China - Ferro-vanadium, 78% min, fob China, $ per kg V - Vanadium pentoxide, 98% min, fob C...Read More

MINING INDABA: Ford, Huayou Cobalt in blockchain project to monitor DRC cobalt supplies

February 05, 2019 / www.metalbulletin.com

Automaker Ford Motor Co, China's Huayou Cobalt and South Korean battery supplier LG Chem have joined forces in a blockchain project to monitor cobalt supplies from the Democratic Republic of Congo (DRC), an executive at Ford said. Using technology by IBM and overseen by responsible-sourcing group RCS Global, Ford and its partners are working to ensure that the cobalt used in lithium-ion batteries...Read More

MINING INDABA: Ford eyes EV collaboration, not offtake, mine stakes

February 05, 2019 / www.metalbulletin.com

Automaker Ford Motor Co has no current plans to take stakes in mining assets or secure direct offtake agreements with mining firms in order to produce batteries for electric vehicles, although it hasn't ruled it out entirely. Ted Miller, senior manager for energy storage strategy and research at the Michigan, US-based company, said Ford had "considered all options" and ultimately opted for a more...Read More

DAILY SCRAP REPORT: Prices up on new booking; more expected

February 05, 2019 / www.metalbulletin.com

Turkish deep-sea scrap import prices went up on Monday February 4 after a new cargo booking was heard, sources told Fastmarkets.A cargo came to light on Monday which was reported to have sold on Friday, but after the submission deadline for that day's indices.A steel mill in the Izmir region booked a European cargo comprising...Read More

TURKEY FERROUS SCRAP: Mills raise buy prices again on higher import costs

February 05, 2019 / www.metalbulletin.com

Domestic scrap prices in Turkey have increased over the past seven days, in line with higher costs for imported scrap, sources said on Monday February 4.Fastmarkets' weekly price assessment for domestic auto bundle (DKP-grade) scrap was TRY1,595-1,690 ($306-324) per tonne delivered on February 4, rising from TRY1,500-1,660 per tonne last week.https://www.metalbulletin.com/My-price-book.html?Price=...Read More

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