In his latest Discovery Watch interview, John Kaiser who runs Kaiser Research Online sees some encouraging signs from recent developments the Nevada Exploration (NGE) South Grass Valley Project. Meanwhile, hopes of a clear path towards finding a large world-class resource at the Westhaven Ventures (WHN) Shovelnose project suffered a setback this week, even as the main story of a high-grade discov...Read More
Barrick Gold Corp.'s new chief executive officer, Mark Bristow, said his company is seeking solutions to a dispute over mining taxes in Zambia."We're engaged with the government in a constructive way," he told reporters at a press conference in the Ivory Coast's economic capital, Abidjan. "We don't believe that threatening one's partner is a constructive way to go about solving problems."Mining co...Read More
There's a ton for traders to consider this morning on Wall StreetDow Jones Industrial Average (DJI) futures are trading above fair value this morning, as stocks try to end the busy four-day trading week on a positive note. Either way, it's setting up to be another action-packed day on Wall Street, with traders digesting renewed negotiations around the government shutdown, a leading Wall Street Jou...Read More
A tailings dam at a Brazilian iron ore operation owned by local mining giant Vale (NYSE:VALE) burst Friday, releasing a river of sludge that covered nearby buildings and forced the evacuation of hundreds of locals.By Saturday morning, 34 bodies had been recovered, and the death toll was expected to rise sharply as rescuers continued searching for hundreds that are still missing.Vale reported the d...Read More
Canadian junior Explorex Resources (CSE:EX) (OTC:EXPXF) has placed its plans to buy the Hautalampi cobalt, nickel and copper project in eastern Finland on the back burner because it won't be able to secure the required funding in advance.The Vancouver-based miner, which in November said it intended to acquire the Finish asset, was supposed to pay the project's owner, FinnCobalt, around $1.9 milli...Read More
Canadian junior Explorex Resources (CSE:EX) (OTC:EXPXF) has placed its plans to buy the Hautalampi cobalt, nickel and copper project in eastern Finland on the back burner because it won't be able to secure the required funding in advance.The Vancouver-based miner, which in November said it intended to acquire the Finish asset, was supposed to pay the project's owner, FinnCobalt, around $1.9 milli...Read More
The electrification of cars and surge in renewables is driving a copper rush.Read full newsRead More
The electrification of cars and surge in renewables is driving a copper rush.Read full newsRead More
(Updates with closing prices, aluminium technicals)By Eric OnstadLONDON, Jan 25 (Reuters) - Zinc prices hit their highest inthree months on Friday on worries that weak refined output inChina could send the global market into deficit.Lead also hit a three-month peak after inventories dwindled,while the wider industrial metals market was boosted by asliding dollar."The big question in zinc is s...Read More
"@PalisadeRadio @bulldogholmes @USFunds @MineLifeReport @AlexMiningGuy @GoldspotD @renegadestyle @GH0ST_0P Frank Holmes 2018 VRIC top picks scoreboard (overall return -36.44%) - https://t.co/WAPvIeaF8U"Read full newsRead More
"@PalisadeRadio @bulldogholmes @USFunds @MineLifeReport @AlexMiningGuy @GoldspotD @renegadestyle @GH0ST_0P Frank Holmes 2018 VRIC top picks scoreboard (overall return -36.44%) - https://t.co/WAPvIeaF8U"Read full newsRead More
Gold could revisit the high of $1,286 hit earlier this week, as the repeated bounce from sub-$1,280 may have weakened the bearish view put forward by the contracting triangle breakdown. Hourly chart As seen above, sellers are struggling for a convincing break below $1,280. Further, the 14-hour RSI is showing a diamond breakout. Put simply, the indicator is possibly hinting it an impending b...Read More
German auto maker giant Volkswagen has just upped its bet on electric vehicles (EVs) by overhauling its Salzitter plant to focus on production processes for battery cells for the new generation of cars, which the company plans to also start producing soon.The Wolfsburg-based company said it would invest 870 million euros (about $985 million) by 2020 to develop e-vehicle components, adding that i...Read More
"CORRECTED-UPDATE 1-Barrick explores options for Zambian copper mine under pressure from taxes https://t.co/EEARxtyG3U"Read full newsRead More
China officially added gold to its reserves last month for the first time in two years and has been shrinking its holdings of US Treasuries. The Russians have also made similar moves.There have also been efforts to limit exposure to the US dollar by setting up alternative payments systems and financial channels that don't rely on the greenback.Gold offers countries some measure of independence...Read More
Who need stocks and bonds? A new study finds something even more valuable: LEGOs! They're more valuable than gold.Read full newsRead More
Who need stocks and bonds? A new study finds something even more valuable: LEGOs! They're more valuable than gold.Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Thursday as prospects dimmed for a near-term resolution to U.S.-China trade talks following comments from the U.S. Commerce Secretary.Ford Motor Co. (F) rose 3.12% even after the automaker's adjusted fourth-quarter earnings missed estimates and it reported a loss of $116 million in the peri...Read More
Lead outperformed the other base metals on the London Metal Exchange on Thursday January 24, closing 2.2% higher, while both zinc and tin also gained amid continued falls in LME stocks. For lead, on-warrant metal remains at its lowest since 2009 at just above 41,000 tonnes. And in tin, persistent outflows and fresh cancelations are propelling the price higher; the exchange's total tin inventory is...Read More
Comex copper prices sank once again on Thursday morning in the United States, with persistent bearish overtones and short-covering hampering the red metal.The copper price for March settlement on the Comex division of the New York Mercantile Exchange dipped 0.60 cents to $2.6485 per lb. "Although we acknowledge that market participants prefer to adopt a cautious stance toward copper for now,...Read More