Mr. Wonderful, Kevin O'Leary, and Frank Holmes recently took different side the gold (bullion) vs. gold stocks. Gold and gold stocks are two different asset classes and saying which one is better. One is a commodity (Gold) and the other is equity (Gold Stocks). It's like comparing multiple championships winning athletes, Sydney Crosby (NHL), Lebron James (NBA), and Tom Brady (Football) and saying...Read More
Cameco Corp. (TSX:CCO)(NYSE:CCJ) and Nutrien Ltd. (TSX:NTR)(NYSE:NTR) are both based in Saskatchewan, but that's pretty much where the similarity ends from the perspective of investors.Let's take a look at the two mining firms to see if on deserves to be in your portfolio today.CamecoIn early 2011, uranium traded for US$70 per pound, and Cameco was a $40 stock. Then the tsunami hit the coast of Ja...Read More
Northern Empire - The Sterling Gold Project Site VisitOn April 6th, I had the opportunity to visit Northern Empire's Sterling Gold Project, located north-west of Las Vegas, Nevada. My visit was great and really gave me a good perspective of the Sterling Gold Project's scale and its potential for further resource expansion.In particular, the Crown Block stood out as having great exploration poten...Read More
Mr. Wonderful, Kevin O'Leary, and Frank Holmes recently took different side the gold (bullion) vs. gold stocks. Gold and gold stocks are two different asset classes and saying which one is better. One is a commodity (Gold) and the other is equity (Gold Stocks). It's like comparing multiple championships winning athletes, Sydney Crosby (NHL), Lebron James (NBA), and Tom Brady (Football) and saying...Read More
Framatome has signed a contract to design, fabricate and supply fuel assemblies using enriched reprocessed uranium to French utility EDF between 2023 and 2032. Framatome noted the project is subject to administrative and regulatory authorisations.The fuel assemblies - to be produced at Framatome's facility at Romans-sur-Is??re in the Dr??me region of France - will incorporate uranium that has been...Read More
Tin prices on the London Metal Exchange traded at their lowest figure since January, closing 1.3% lower on Friday May 25, while nickel and lead prices consolidate gains to end the week higher. Falling below $20,000 per tonne for the first time since January, tin's three-month price continues to drift lower, recording a weekly price fall just short of 4%. The metal's cash/three-month spread ha...Read More
CanAlaskaUranium Ltd (CVE:CVV) updated on partner Cameco's summer work plans at the 36,000 hectare West McArthur uranium project, which includes borehole EM (electromagnetics) surveys.Cameco has a three year three year program at the 5km long Grid 5 target area.Work to date has been focused around the northeastern part of what's called the C 10 corridor, where several ground-defined conductive res...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Comex copper prices declined on Friday May 25 ahead of the holiday weekend, with a surging dollar sinking the entire base metals complex. Copper for July settlement on the Comex division of the New York Mercantile Exchange dipped 2.30 cents or 0.7% to $3.0730 per lb. The red metal has been unable to set any sustainable price direction this week. "The...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Key data form the pricing session in the week ending Friday May 25. China China domestic ferro-chrome prices were stable week on week with thin deals in the spot market while market participants waited for the release of June tender prices to provide market direction. Some small ferro-chrome plants in...Read More
Key data form the pricing session in the week ending Friday May 25. China China domestic ferro-chrome prices were stable week on week with thin deals in the spot market while market participants waited for the release of June tender prices to provide market direction. Some small ferro-chrome plants in...Read More
3D illustration depicting the envisaged underground mining operation at Paramount Gold's Grassy Mountain Gold Project 22 miles southwest of Vale, Oregon. Source: Paramount Gold Nevada Corp.Paramount Gold Nevada Corp. [PZG-NYSE American] will focus on securing vital permits for its 100%-owned Grassy Mountain Gold Project in Oregon after releasing the results of a pre-feasibility study on May 24, 20...Read More
South32 chief executive officer Graham Kerr has given his most frank assessment yet of the reasons behind the BHP spin-off's planned exit from its 27.5 million tonnes per annum South African domestic and export energy coal business.Barry FitzGerald*South32 CEO Graham Kerr25 MAY 201825/05/2018commentsshare His frankness in a presentation to Merrill Lynch's mega metals and mining conference in Miami...Read More
Representatives from Chinese manganese alloy smelters held another meeting on Thursday May 24 to discuss manganese ore prices, according to market sources. It was the third such meeting since early March, when smelters agreed not to pay more than $8 per dry metric tonne unit (dmtu), on a cif basis, for low-grade manganese ore, sparking a protracted decline in prices. During the discussions on Thur...Read More
The long nuclear energy winter since Fukushima early this decade has claimed another uranium mine, with Paladin Energy reporting the 75%-owned Langer Heinrich operation in Namibia is being put on care and maintenance.Michael QuinnLanger Heinrich that latest uranium mine to fall victim to low yellowcake prices 25 MAY 201825/05/2018commentsshare The major operation will be progressively shut and cle...Read More
Northern Dynasty and First Quantum terminate Alaska framework dealNorthern Dynasty Minerals Ltd.'s [NDM-TSX; NAK-NYSE] shares sank on Friday May 25 after the company said a framework deal that could have given First Quantum Minerals Ltd. [FM-TSX] the right to earn a 50% interest in its flagship Pebble copper-gold project in Alaska has been terminated.Investors reacted to the news by sending Nor...Read More
The Orefinders Resources McGarry Mine Project in the Abitibi Gold Belt, northeastern Ontario. Source: Orefinders Resources Inc.Orefinders Resources Inc. [ORX-TSXV; OTC-ORFD] on Friday May 25 said its shareholders have approved a plan that will see the spin-out of its Ontario silver-cobalt assets into a new company, Power Ore Inc.Orefinders shares advanced on the news, rising 5% or $0.005 to 10.5 c...Read More
Oil prices are climbing back to alarming levels. And consumers are just now really starting to feel it at the pump.How much was gas the last time you fueled up?AAA reports the national average for gasoline right now is $2.95 per gallon. But that's just the average. In some places, premium is already over $5 a gallon. And as we begin the summer driving season this weekend, it's likely gas prices ar...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More