TSX: CDVwww.cardinalresources.com.au Mr. Archie Koimtsidis reports:West Perth, WA / February 5, 2018 / JMN Wire / Cardinal Resources Limited (ASX: CDV) ("Cardinal" or "the Company") is pleased to announce results of its Preliminary Economic Assessment ("PEA", NI 43?EUR?101) / Scoping Study ("SS", JORC 2012) for the Namdini Gold Project ("Namdini") in Ghana, West Africa.HighlightsThe PEA confirms N...Read More
Framatome is the best partner for Lightbridge for developing, licensing and commercialising nuclear fuel assemblies based on its technology, the company's president and CEO Seth Grae told World Nuclear News. Speaking shortly after the companies announced their Enfission joint venture, he said they intend Enfission to become a major player in the international nuclear industry.The Enfission joint v...Read More
Getting the right timeframe and adopting the correct investment planning approach are key differentiators between good and bad mining, according to Alcoa Corp's top executive. Companies have different approaches to mining, with some having very positive results and others relatively poor ones, Alcoa chief executive officer Roy Harvey said. "It gets back to how you think about those timescales invo...Read More
Base metals prices on the London Metal Exchange were mostly higher at the 5pm close on Monday February 5 although lead again bucked the trend.The three-month copper price rallied to a high of $7,220 per tonne earlier, hitting a fresh three-week peak. Despite retreating slightly this afternoon, the metal still closed $125 per tonne higher than Friday's close. "A previously strong flow of material i...Read More
Peruvian copper production increased by 3.9% in 2017, with higher volumes from MMG's Las Bambas and Chinalco's Toromocho offsetting the small declines at other major mines. The country produced a total of 2.45 million tonnes of copper last year, compared with 2.35 million tonnes in 2016, Peru's energy and mines ministry, MEM, said its website on Sunday February 4. Meanwhile, the average coppe...Read More
Tungsten prices have climbed higher in both Europe and China in the past week on tightening availability of raw material ahead of the week-long national holiday in China beginning on February 15. China's tungsten prices rebound amid low availability European APT, ferro-tungsten prices increase on tightening raw material supply, currency fluctuations The approaching Chinese New Year is...Read More
Chinese ferro-silicon prices have edged down in line with tender purchase prices in the past week, with the European market easing amid reports of deals heard below the current range. China tracks lower tender purchase prices ...but supportive factors seen European price range eases US market firms while available supply thins Chinese domestic ferro-silicon prices were lower week on...Read More
Getting the right timeframe and adopting the correct investment planning approach are key differentiators between good and bad mining, according to Alcoa Corp's top executive. Companies have different approaches to mining, with some having very positive results and others relatively poor ones, Alcoa chief executive officer Roy Harvey said. "It gets back to how you think about those timescales invo...Read More
Shares in Australian zinc tailings processor New Century Resources halted trading on the Australian Stock Exchange (ASX) on Monday February 5, with the company set to announce offtake partners for the next three years of production.New Century has reduced the number of potential backers of the project to just a handful of international trading houses, several sources with knowledge of the matter s...Read More
Tightening supply in China pushed up chrome ore and domestic and imported charge chrome prices in the week to Friday February 2, while the European market dipped and the US price range widened. Tight supply, transport disruptions push up domestic Chinese ore and alloy marketsCharge chrome import prices jump on rand appreciationPrices edge up in JapanEuropean market slips amid thin tradingUS marke...Read More
Cobalt prices continued their steady ascent last week, while opportunities to pick up more cheaply-priced units ran thin. But slower spot activity ahead of the Chinese New Year holiday and buyers' reluctance to overstock at high prices served to limit the pace of the rally, market sources noted. Metal Bulletin assessed low-grade cobalt prices at $37.25-38.50 per lb, in-warehouse, on Friday Fe...Read More
Drilling at the Bolo Project northeast of Tonopah, Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin out comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX], released an update February 5 on exploration at its Bolo gold project northeast of Tonopah, Nevada. Shares of Allegiant, which is owned 16.7% by Columbus, rallied on th...Read More
By selling its stake in the U.S.-based company, Aphria Inc. (TSX:APH) seems to be trying to avoid issues with Canadian regulators as well as the TSXSmallCapPower | February 5, 2018: Aphria Inc. (TSX:APH) on February 2, 2018, announced a deal to divest its holding in Arizona-based marijuana company Copperstate Farms to Liberty Health Sciences Inc. (CSE:LHS) for a total consideration of $20 million...Read More
Chinese silicon export prices rose again in the pricing session last week due to continuing dollar weakness and tightening spot availability. The weakening dollar has forced Chinese silicon exporters to frequently refresh their quotations in the past week to keep their order book balanced. The dollar index was recently at 89.07, down on Friday but up slightly from a low of 88.43 on January 25. Met...Read More
The Turkish scrap import market was still silent at the beginning of this week, with the country's steel mills still in negotiations with suppliers, sources said on Monday February 5.The steel producers in Turkey had returned to the deep-sea scrap market at the end of last week for three deep-sea cargoes from the United States and the UK.Two steel mills booked US cargoes at...Read More
South Africa urgently needs to get investment back on the agenda, according to the deputy chairman of Anglo American South Africa. Speaking during the annual Mining Indaba in Cape Town, Norman Mbazima said that while South Africa may have one of the world's most endowed mining jurisdictions, it has not been able to bring this endowment to account. "We need to attract capital for South Africa's min...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Aura Silver (TSXV: AUU) Reports Complete Significant Grab Sample Assay Results Taken Over Past Four Years on Greyhound Project, NUUp to 103 Grams Au per Tonne Manotick, Ontario - February 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Aura Silver Res...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Vatic (TSXV: VCV) (FSE: V8V) Qualifies for Graduation to Tier 2 of the TSX Venture Exchange Vancouver, British Columbia - February 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Vatic Ventures Corp. (TSXV: VCV) (FSE: V8V) (the "Company" or "Vatic") i...Read More
Comex copper prices diverged from equity markets and returned to positive territory on Monday February 5, with the global environment remaining solid for the base metals group. Copper for March settlement on the Comex division of the New York Mercantile Exchange gained 3.75 cents or 1.2% to $3.2250 per lb. The red metal dipped to a one-week low on Friday following a heavy selloff in equity markets...Read More
Teenagers already live in a dystopia. Their lives are controlled by the government and their parents. If legal adults were treated like American teenagers, that government would be considered one of the most oppressive on Earth.The government requires 6-16-year-olds to attend a government institution that subjects them to unconstitutional searches. Here, in public schools, they must ask permissio...Read More