Gold sold in the March quarter was 119,976oz at all-in sustaining costs of A$1,075 per ounce, taking year-to-date sales to 387,254oz at AISC of $1,053/oz.The company narrowed full-year guidance to 540,000-560,000 from 525,000-575,000oz, with AISC guidance left unchanged at $1,000-1,050/oz.June quarter production is expected to jump to 150,000oz of gold."They say the journey is better than the arri...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for March Personal Income was an increase of 0.4% versus a gain of 0.4% in February. Actual was an increase of 0.3%. Consensus for March Personal Spending was an increase of 0.2% versus a g...Read More

The Ross Beaty-chaired company said on Friday that its Huaron operations had been suspended since Tuesday due to road blockades by the Huayllay community.Read More

According to Atlas Copco's financial figures for the three months to March 31, Epiroc enjoyed an 18% growth in orders received compared with the same period in 2017.It also had an 11% jump in revenues to 8.2 billion Swedish krone (US$945 million) and a 7% rise in operating profit to SEK1.5 billion. The reported operating profit includes SEK95 million in one-time costs related to the split and the...Read More

Matilda, which has offices in Toowoomba, Mackay and Perth, has a fleet of 83 pieces of mining equipment with an average age of 9,300 hours, compared to Emeco's average of 25,000 hours.Read More

Toronto, Ontario - April 30, 2018 - Amarillo Gold Corporation ("Amarillo" or the "Company") (TSX.V:AGC) today announces its financial results for the fourth quarter ("Q4") and year ended December 31, 2017. This press release should be read in conjunction with the Company's consolidated financial statements and Management's Discussion & Analysis ("MD&A") for the year ended December 31, 201...Read More

CALGARY, Alberta, April 30, 2018 (GLOBE NEWSWIRE) -- Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSX-V:CUU) (OTC:CPFXF) is pleased to provide analytical results for eight of the re-sampled trenches on its 100% owned Mineral Mountain copper project located near Florence, Arizona (see news release dated February 8, 2017). The balance of the trenching results will...Read More

Zenith Energy (ASX: ZEN) managing director Hamish Moffat said the company had achieved a high strike rate in securing three big new build-own-operate (BOO) contracts with Newmont Mining, Dacian Gold and Gascoyne Gold since its 2017 IPO and listing, as well as contract extensions. With Newmont's power plant at Tanami in central Australia to be commissioned early in 2019, Zenith will have more than...Read More

April 30, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce drill results from its wholly owned Hudson Bay project located in the Cobalt Camp, Ontario, Canada.Highlights from 8 drill holes Drill hole HB18-23 intersected 2.00m of 1.38% cobalt, 63.00 g/t silver from 133m depthDrill hole HB18-23 intersected 23.00m of 55.55 g/t silver, 1.16% copper from...Read More

World silico-manganese supplies rose by 41.9% year on year in March to 1.37 million tonnes due to soaring Chinese production feeding strong demand from domestic steel mills, according to the International Manganese Institute (IMnI). In the first quarter of 2018, world supply of the alloy rose 36.9% year on year.In March alone, output was up 8.9% compared with February. The institute said global de...Read More

Base metals prices on the London Metal Exchange were for the most part little changed this morning, Monday April 30. Lead, zinc, tin and copper were slightly firmer, with the latter at $6,815 per tonne, while aluminium and nickel were slightly weaker. With Chinese and Japanese markets closed, volume has been light with 2,195 lots traded as at 07.36 am London time. This follows a generally weak day...Read More

RBC analyst Tyler Broda changed the miner's rating to "outperform" Monday from the previous "top pick", with the target price also lowered to £4.10 (US$5.63) per share from the previous £4.60/share.Read More

It said in a statement over the weekend that a series of work stoppages in the March quarter, caused by industrial action by mining contractor employees, which then spread to other operations, would affect its ability to reach the mine's guidance.However, the company was "making a determined effort to recover most of the lost output", with operations back at full capacity. These efforts inclu...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

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

Sluggish demand continued to put pressure on the antimony market in the week to Friday April 27, with little spot business taking place in Europe and China. Metal Bulletin assessed the MMTA standard grade II antimony, in-warehouse Rotterdam price at $8,150-8,300 per tonne on Friday, unchanged from the mid-week assessment when prices had also stayed stable. The trioxide grade antimony pri...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 latest metal markets news and price moves to start the North American day on Monday April 30.Base metals prices on the London Metal Exchange were mixed during morning trading on Monday April 30, with aluminium and nickel continuing to dip from recent highs.Here's how base metals prices looked at 12:10 London time:Read our live futures report here.South Korea's Public Procurement Service h...Read More

Good morning from Metal Bulletin's office in Singapore as we bring you the latest news and pricing stories on Monday April 30.Base metal prices on the London Metal Exchange were broadly up during Asian morning trading on Monday, following the release of positive Chinese economic data and an easing in geopolitical tensions.The Shanghai Futures Exchange is closed on April 30 and May 1 due to public...Read More

You need to own gold; and you need to own shares in companies that find and mine it. I lay out seven reasons below, in what I'm calling the "Seven Pillars of Gold."Each "pillar" reinforces the argument for holding gold.There's some overlap between each of the pillars. In fact, it's fair to say that many of the reasons to own gold actually segue back and forth, bumping into each other. But it's pos...Read More