Sierra Metals (TSX: SMT) is one step closer to expanding its Yauricocha mine in Peru.This week, the miner reported the approval of the Environmental Impact Assessment Study for the expansion of the tailings deposition facility at the polymetallic mine.The positive answer follows an initial negative issued in December 2016 by Peru's National Environmental Certification Service to Sierra's subsidia...Read More
Sierra Metals (TSX: SMT) is one step closer to expanding its Yauricocha mine in Peru.This week, the miner reported the approval of the Environmental Impact Assessment Study for the expansion of the tailings deposition facility at the polymetallic mine.The positive answer follows an initial negative issued in December 2016 by Peru's National Environmental Certification Service to Sierra's subsidia...Read More
Sierra Metals (TSX: SMT) is one step closer to expanding its Yauricocha mine in Peru.This week, the miner reported the approval of the Environmental Impact Assessment Study for the expansion of the tailings deposition facility at the polymetallic mine.The positive answer follows an initial negative issued in December 2016 by Peru's National Environmental Certification Service to Sierra's subsidia...Read More
A new lithium technology could change the face of lithium production forever.Andrew Carnegie didn't invent the Bessemer converter, but used it to amass an incredible fortune producing steel at lower costs. What one simple machine can do for increasing production and lowering costs is staggering (think of the cotton gin).The lithium industry has been plagued with inefficiency and expensive producti...Read More
Elliott wave view in Gold suggests that rally from August 16, 2018 low ($1160.37) is unfolding as an Elliott Wave Impulse structure. Rally to $1326.53 ended wave (3). Wave (4) pullback is in progress as a double three Elliott Wave structure. Down from $1326.53, wave W ended at $1302.4 and wave X ended at $1318.17. Internal of wave W takes the form of a zigzag Elliott Wave structure. Wave...Read More
* GRAPHIC-2019 asset returns:* Market watching U.S.-China trade talks (Updates with closing prices)By Pratima DesaiLONDON, Feb 14 (Reuters) - Copper prices climbed on Thursdaytowards two-month highs hit last week as import data from topconsumer China suggested robust demand, while markets awaitedthe outcome of high-level Sino-U.S. trade talks in Beijing.Benchmark copper on the London Metal Exchang...Read More
In the eyes of investors, lustrous futures await Goldcorp, Eldorado Gold, and Yamana Gold.Read full newsRead More
Legendary gold mine investor and founder of Franco-Nevada Corp., Pierre Lassonde, appears on the radio program this week.He discusses the current state of the gold mining industry and whether or not he thinks now is a good time to increase gold share holdings.Michael Oliver shares his analytical view of the gold markets.Legendary gold mine investor Pierre Lassonde appears for the first time on the...Read More
Three manias in a generation (2000, 2008, 2019) all end badly.Current price earnings ratio (30.02) is higher than 1929.Gold priced in yen near all-time high.Follow David McAlvany and get email alertsRead More
"$NGW $NXGWF These latest developments are expected to give @NextGreenWave a leg up on its competition in the world's largest #cannabis market.https://t.co/CJd697R6Ld #cannabisnews #investors #cannabisstocksSponsored content-visit link for disclosure"Read full newsRead More
"Newcrest Mining (ASX:NCM) has entered an agreement to sell its S?(C)gu?(C)la gold project to Roxgold (TSX:ROXG,OTCMKTS:ROGFF) for US$30 million. https://t.co/Xxcf5rFuLK @NewcrestMining #roxgold #gold"Read full newsRead More
The bodies of five people are recovered, but dozens remain missing since Saturday, an official says.Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Wednesday amid optimism that U.S. and Chinese negotiators could reach a trade deal before another round of tariffs kicks in.Activision Blizzard Inc. (ATVI) rose 7% after the video game maker unveiled a stock buyback and cost-cutting program that offset a weaker-than-expected profit outlook.J...Read More
The process to exclude steel and aluminium from the Section 232 import tariffs applied by the United States is having some interesting consequences.One of these is that, in the event of a national security issue -which Section 232 was designed to address - the US would theoretically rely on Japan for its imports of steel and Saudi Arabia for its imports of aluminium.That is because those countries...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Wednesday February 13, with a late-afternoon appreciation in the US dollar index contributing to dampened buying sentiment while LME volumes remain low. Copper futures continued to trade in positive territory throughout the afternoon, despite falling over 3% from last week's high of $6,289.50 per tonne on...Read More
Well-stocked US tin customers ordered little material in the week ended Tuesday February 12, while in Europe available tin did not necessarily meet customers' specifications and most Chinese market participants were still away for the Lunar New Year public holiday, all factors keeping global premiums flat. US solder-makers said to be facing weak demand, buying less tin Europe still grapples...Read More
Senior government official, privatisation secretary Salim Mattar, made the comments at an event in Brazil on Wednesday, Bloomberg reported. "Vale is a state company. Pension funds controlled by the government control Vale," he said."We're here to reprivatise Vale."Shares in the company had lost a third of their value in late January, dropping from BRL56.15 to 42.74, in the wake of the fatal C&oacu...Read More
Low prices for copper in the international markets could reduce the availability of copper scrap, European producer Aurubis said in a results statement for the October-December 2018 quarter, published on Wednesday February 13.The multi-metal company expected the copper scrap market to be fundamentally stable, it said. But the current low metal prices could lead to reduced copper scrap supplies and...Read More
Trafigura is set for crunch talks with holders of Nyrstar bonds and the company's bankers, as the world's largest global zinc producer faces ?,?340 million ($385 million) of looming debt repayments and a crumbling share price.Nyrstar, which was formed in 2007 by the merging of Zinifex and Umicore's smelting divisions, and which smelted roughly 8% of the world's total refined zinc last year at...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More