Strong demand from India is continuing to support the cadmium market, with the price for higher-grade material reaching fresh highs this week, even with the end of the fiscal year approaching, market sources told Metal Bulletin.But many companies are said to be putting off payments for the next couple of weeks.Metal Bulletin assessed the 99.99% cadmium quotation at 155-175 cents per lb on Friday M...Read More
Global copper production will spike over the next decade as rising prices and increasing demand from the electric vehicles sector encourage project development, a new reports shows.According to analysts at BMI Research, output for the red metal worldwide will grow an average annual rate of 3.6% over 2018 – 2027 thanks to a number of major projects come online, particularly in Peru and Aust...Read More
Australia's Newcrest Mining (ASX: NCM) said that its Wafi-Golpu joint venture with Harmony Gold in Papua New Guinea will need a further $200 million cash injection to get built under improved plans.The updated feasibility study, released Monday, foresees a larger, $2.8-billion gold and copper project with mine wastes being piped into the ocean. Building the proposed mine had been previously expec...Read More
Zimbabwe's new government has changed its empowerment ownership laws for the diamond and platinum sectors, in an effort to re-engage international lenders, curb spending and attract investors to revive the country's battered economy.The new rules, Reuters reports, limit majority ownership by state entities to only diamond and platinum operations and not the entire mining sector as in previous...Read More
https://www.reuters.com/MELBOURNE/VANCOUVER (Reuters) – Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.Mine developers say interest from Japanese and Korean firms is particularly strong as they compete with rivals from Chi...Read More
SHANGHAI, Mar 19 (SMM) – Prices of residential property in most Chinese cities continued to decline in February 2018, SMM learned.Data from the National Statistics Bureau covered 70 large and middle-sized cities and showed that prices of newly-built housing in 15 cities remained firm in February while prices in 12 cities dropped 0.1-0.6% month on month. On a yearly b...Read More
Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,589.39, down 121.94 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 15 cents, or 1.37 per cent, to $10.80 on 9.6 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.53 per cent, to $3.77 on 7.98 million shares.Neovasc Inc. (TSX:NVC). Medical de...Read More
Rathdowney Resources Ltd. (TSXV: RTH) is a Canadian company whose primary focus is developing and permitting its flagship, 100%-owned Olza zinc-lead-silver development project in Poland. Rathdowney is committed to creating value for its shareholders and advancing Olza by having invested +C$25M into exploration and development activities. We learned from Roger Blair, Vice President of investor rela...Read More
Drilling at a producing gold mine in Colombia is extending the depth of the mine. Red Eagle Mining Corp. (R:TSX; RDEMF:OTCQX; R:BVL) just announced that drilling at the San Ramon Gold Mine, part of the Santa Rosa Gold Project in Colombia, has returned 4.75 meters at 20.3 grams gold per tonne. This drilling was below the already delineated resource and is "extending the vertical extent of known go...Read More
Ed Yardeni, President of Yardeni Research, Inc. and author of Predicting the Markets, A Professional Autobiography, joins Jim for a lively discussion.1:52 Interest rates, then and now4:11: "The bond market has been rigged"7:22 Inflation is the big risk12:08 Has macroeconomics succeeded?James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-...Read More
Key gold assets in the Timmins, Ontario, area have been acquired by a new owner. GFG Resources Inc. (GFG:TSX.V; GFGSF:OTCQB) and Rapier Gold Inc. (RPR:TSX.V) recently announced they have completed a transaction where GFG acquired all of the shares of Rapier, both issued and outstanding.According to GFG, "the Arrangement was an integral part of the Company's recent land consolidation west of the p...Read More
Washington's gratuitous raising of tensions with Russia that we have been witnessing for many years is so reckless and irresponsible that we need some relief Continue...Read More
Continue...Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector. During this time, he has become one of the most successful portfolio managers in the resource sector, such as his 2009 Fund Partnership (KC50 Fund, LLC) which has outperfor...Read More
Wall Street is a scam. I've said it probably a thousand times. It's something I know from experience. Over the past 15-plus years, I've tried just about every investing strategy in existence.Continue...Read More
Big gold and silver miners have a problem: They're evaporating. Each year they take more metal out of the ground than they discover, which brings them ever-closer Continue...Read More
By Ira EpsteinDollar and US stock markets sink. Gold rallies a bit.https://www.iraepstein.com/ Read More
HARARE – Zimbabwe has changed its empowerment law to limit majority ownership by state entities to only diamond and platinum mines and not the entire mining sector as in previous legislation, according to a government notice.The Indigenisation and Econmic Empowerment Act was designed to increase black Zimbabweans' share of the economy but were opaque and open to abuse, to the detriment o...Read More
SHANGHAI, Mar 19 (SMM) – Prices of residential property in most Chinese cities continued to decline in February 2018, SMM learned.Data from the National Statistics Bureau covered 70 large and middle-sized cities and showed that prices of newly-built housing in 15 cities remained firm in February while prices in 12 cities dropped 0.1-0.6% month on month. On a yearly b...Read More
RAPAPORT...The Diamond Dealers Club (DDC) has signed a memorandum of understanding(MoU) with the Shanghai Diamond Exchange (SDE) in an ongoing effort to facilitatebusiness opportunities. The SDE delegation's visit to the New York-based DDC is the Chinese bourse's first in more than 10 years, and will be the start of a series ofcollaborations between the groups. "As a member of a bourse or an excha...Read More
Posted: Mar 19, 2018JK: Discovery Watch Mar 19, 2018 with Jim Goddard and John KaiserPublished: Mar 19, 2018HSC: Discovery Watch Mar 19, 2018: Crazy Volume In Novo SharesDiscovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects wil...Read More