It was music to gold bug ears.We've all heard the seemingly shocking or outrageous price targets for Gold. So it's not new.But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot.Gundlach's comment was included in every piece of Gold literature that recently crossed my desk. No doubt, if Gold starts breaking to the upside, Gundlach's...Read More

Precious metal streaming companies, such as Wheaton Precious Metals Corp. (TSX:WPM)(NYSE:WPM), hold massive appeal and opportunity for investors that are looking to enter the volatile, yet lucrative precious metals market.New and seasoned investors may realize that there are significant differences between a streamer and a miner, but they may not understand how that difference can translate into m...Read More

Argentinian lithium producer Orocobre (TSX: ORL) recently reported lower than expected lithium production in its third fiscal quarter because weather interfered with its evaporation rates of its lithium brines. This reveals two problems with lithium brine production: reliability and geography. Another source of lithium is rising to met these problems, hard rock lithium mining. One analyst pointe...Read More

It was music to gold bug ears.We've all heard the seemingly shocking or outrageous price targets for Gold. So it's not new.But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot.Gundlach's comment was included in every piece of Gold literature that recently crossed my desk. No doubt, if Gold starts breaking to the upside, Gundlach's...Read More

Growth in world uranium inventories is slowing as the supply sector is responding to a gradual recovery in uranium demand, according to speakers at the World Nuclear Fuel Cycle (WNFC) conference held in Madrid on 18-19 April. Uranium resources remain plentiful, but the investment needed to bring resources into production depends heavily on the market, the conference heard.TradeTech's Treva Klingbi...Read More

Russia's floating nuclear power plant Akademik Lomonosov has left Baltiysky Zavod shipyard in Saint Petersburg, where its construction began in 2009. Housing two 35 MW KLT-40S nuclear reactors, similar to those used in Russia's nuclear-powered ice breakers, Akademik Lomonosov left the shipyard on 28 April and is now heading to its permanent base in Russia's northernmost city of Pevek.Akademik Lomo...Read More

Base metals on the London Metal Exchange were mixed at the close of trading on Monday April 30, with nickel dropping 1.5% from Friday. Nickel recorded a high-low range of $270, reaching a high of $13,940 per tonne during morning trading. With consolidation now firmly in place, nickel's three-month price is continuing to slide lower below the $14,000 per tonne support level. Despite this, sentiment...Read More

Net substitution of copper in 2017 fell for the sixth year in a row to 225,000 tonnes, down from 245,000 tonnes the previous year, according to figures released by the International Copper Association (ICA) on Monday April 30. Findings of the 2018 Global Copper Substitution survey, conducted by specialist consultancy MetalsPlus, reveal that total substitution accounted for 0.8% of the market last...Read More

Comex copper prices bounced-back from a multi-week low on Monday April 30 morning in the US, with investors preventing another wave of selling despite the dollar climbing once again.Copper for July settlement on the Comex division of the New York Mercantile Exchange inched up 1.15 cents or 0.4% to $3.0810 per lb. On Friday, the contract fell to its lowest point since April 6 on a bout of technical...Read More

Softening demand and delayed tenders from Chinese stainless steel mills weighed on prices and activity for the country's ferro-chrome and chrome ore markets. Strong imports of chrome ore into China added to bearishness Falling ferro-chrome prices weigh on charge chrome and UG2 Stability for South Korean and Japanese markets Trades show drop in European ferro-chrome US prices firm slightly on limit...Read More

The Chinese ferro-silicon market has rebounded in the week to Friday April 27, ending a steady run of losses since early March, because of supply worries and renewed buying from traders; prices in Europe and the US have gone the other way, however, due to slack demand for alloy on a prompt basis. China pares losses, eyes more gains as China futures jumps Europe, US suppliers cut offer prices...Read More

Israeli businessman and Democratic Republic of the Congo (DRC) mining magnate Dan Gertler is suing former partner Glencore for just shy of $3 billion in unpaid royalties, Glencore said late on Friday April 27.Gertler's Ventora Development Sasu alleges Glencore DRC subsidiaries Mutanda Mining and Kamoto Copper Co (KCC) owe approximately $695 million and $2.28 billion respectively in royalties that...Read More

It took the company a few months to find a replacement for Giulio Bonifacio, but Nevada Copper (NCU.TO) has now announced Matthew Gili has been appointed as new CEO of the company, starting on May 1st.Gili might not be very well known, but his credentials appear to be very strong. He's coming over from Barrick Gold (ABX, ABX.TO) where he was the Executive General Manager for the Cortez district in...Read More

Bill Beament says Northern Star Resources shareholders should be gearing up for a surge in free cashflow as the company reaches its targeted run-rate of 600,000 ounces per annum of gold.Kristie Batten* Bill Beament says Northern Star's free cashflow will soar30 APRIL 201830/04/2018commentsshareGold sold in the March quarter was 119,976oz at all-in sustaining costs of A$1,075 per ounce, taking...Read More

Core Gold (CGLD.TO) has now closed the US$1.6M bridge loan provided by Credipresto, a company related to Javier Reyes, one of its directors. The proceeds were already advanced to the company in January 2018, and the deal has now been 'officialized'. Credipresto was also awarded 800,000 share purchase warrants in Core Gold, with a strike price of C$0.365 per warrant.Core Gold will very likely publi...Read More

A gravity survey site at Belmont's Kibby Basin lithium project in the Monte Cristo Valley Groundwater Basin in Esmeralda County, Nevada. Source: Belmont Resources Inc.Belmont Resources Inc. [BEA-TSXV] said Monday April 30 that it has entered into a consulting contract with Nevada Water Solutions of Reno to file for water rights to support future potential groundwater (brine) development for the e...Read More

Syrah Resources (ASX: SYR) is aiming for the low end of 2018 production guidance of 160,000-180,000 tonnes of graphite, with 75% of that output expected in the second half of the year after a slow first quarter at the new Balama operation in Mozambique.Michael Quinn Big second half expected from Balama operation.30 APRIL 201830/04/2018commentsshare First quarter production totalled 11,200t, with i...Read More

Cobalt Power Group Inc. (TSXV:CPO), a cobalt explorer, jumped after announcing the acquisition of Western Cobalt Corp.Sean Mason | April 30, 2018 | SmallCapPowerMore consolidation in the cobalt patch powered shares of a cobalt explorer Monday. Here's some small stocks making big moves Monday, April 30, 2018 (as of 4 pm EST):Cobalt Power Group Inc. (TSXV:CPO) shares rose 10% to $0.215 on Monday...Read More

The milling facility at Pan American's Huaron Mine in Peru. Source: Pan American Silver Corp.Pan American Silver Corp. [PAAS-TSX, NASDAQ] said operations at its Huaron Mine in Peru have been suspended since April 24, 2018, as a result of road blockades instituted by members of the nearby Huayllay community.The announcement came after the close of trading Friday, April 27, 2018.Pan American said t...Read More

Spot demand for cobalt slowed in late April while availability of the material increased, leaving metal prices to move only slightly higher at the end of the month.Metal Bulletin's benchmark low-grade cobalt assessment closed the week at $43.70-44.45 per lb, in-warehouse, on Friday April 27, stable with the midweek assessment, and up from $43.55-44.45 per lb at the end of the previous week. Prices...Read More