Recent News

Japan has found a 'semi-infinite' deposit of rare earth minerals, enough to supply the world for centuries to come

January 01, 1970 / business.financialpost.com

Deep sea mud off the coast of Japan contains enough rare earth metals to supply the world for centuries to come, a new study reveals.The study published this week in Scientific Reports says the deposit, which lies within the Japanese exclusive economic zone, contains 16 million tons of rare-earth oxides, enough to meet the demand for yttrium for 780 years, europium for 620 years, terbium for 420 y...Read More

Annual elementary school rankings out today-Calgary outperforms Edmonton

January 01, 1970 / www.fraserinstitute.org

The Report Card on Alberta's Elementary Schools 2018 reports a variety of relevant, objective indicators of school performance. These indicators are used to calculate an overall rating for each school. On the basis of this rating, the schools are ranked. The Report Card brings all of this information together in one easily accessible public document so that anyone can analyze and compare the perfo...Read More

Classic Minerals kicks off gold quest at Forrestania

January 01, 1970 / finfeed.com

Classic Minerals (ASX:CLZ)announced this morning that it has kicked off reverse circulation (RC) drillingat its Forrestania Gold Project in Western Australia. CLZ will be drilling withthe view to uncover a new gold system at the recently uncovered Van Uden Westprospect, and to enhance known mineralisation at the Lady Lila and Kat Gapprospects. The targets areas have beenuntouched for some 18 years...Read More

Argent produces commercial grade zinc and lead concentrates

January 01, 1970 / finfeed.com

ArgentMinerals Limited (ASX:ARD) has achieved a significant new milestone for theKempfield polymetallic project. ARD reports the successful separation ofprimary material into potentially marketable commercial grade zinc and leadconcentrates that also contain silver and gold.The extraction of zinc and lead into separate concentrates marks asignificant advance towards project development, as the com...Read More

Excellent cobalt anomalism seen at Classic Minerals' Fraser Range Project

January 01, 1970 / finfeed.com

Classic Minerals (ASX:CLZ) today updated the market on its FraserRange nickel-cobalt project in WA. While CLZ is primarily concentrating its attention on goldexploration at its flagship Forrestania Gold Project, it has also completed areview of its Fraser Range dataset. The review identified 'excellent cobaltanomalism' at the project's Rubys Reward prospect, including up to 1399ppmcobalt. The...Read More

Caeneus completes RC drilling at Pilbara nickel-copper-cobalt deposit

January 01, 1970 / finfeed.com

Caeneus Minerals (ASX:CAD) this morning provided an explorationupdate regarding its 80% owned Pardoo Project in WA's Pilbara region. CAD reported that it has completed a 10 hole RC programmeat the Pardoo Highway nickel-copper-cobalt deposit that it owns in a joint venturewith Arrow Minerals (ASX:AMD). The Highway deposit has been a focus for past explorersprimarily attempting to identify the sourc...Read More

How U.S.-Russia tensions could revive Canada's struggling uranium mines

January 01, 1970 / business.financialpost.com

Just months after Saskatoon-based Cameco Corp. laid off hundreds of workers and shuttered the largest high-grade uranium mine in Canada, the market for the radioactive metal used in nuclear power generation is suddenly in flux, as tensions between the U.S. and Russia flare.Last week, in response to new U.S. sanctions, Russian lawmakers proposed measures that would halt enriched uranium exports to...Read More

Global Silver Scrap Supply Falls To 26-Year Low

January 01, 1970 / silverseek.com

Global silver scrap supply fell to its lowest level in 26 years.  World silver recycling in 2017 dropped by nearly 50% since its peak in 2011.  According to the 2018 World Silver Survey, global silver scrap supply declined to 138 million oz (Moz) compared to 261 Moz in 2011.  While the lower silver price is partly responsible for the large drop in silver recycling, there are other m...Read More

Lithium Australia to produce lithium-ion cathode powder

January 01, 1970 / finfeed.com

Lithium Australia NL (ASX:LIT) has finalised its acquisitionof advanced cathode material production technology, acquiring 99.7% of theequity in Brisbane-based technology company - the Very Small Particle Company (VSPC).Cathode powder producer, VSPC, has spent 14 years andapproximately A$30 million developing some of the world's most advancedmanufacturing techniques for the production of cathode ma...Read More

Dateline Resource strikes lucky: discovers near-surface gold

January 01, 1970 / finfeed.com

Colorado-based gold explorer, DatelineResources (ASX:DTR), today revealed its discovery of near-surface visible goldmineralisation at Mineral Hill, which forms part of its Lucky Strike tenements.This newly exposed vein holdssignificant potential - initial exploration activities have unveiled geological similaritiesto the Lucky Strike vein, trending in the same direction.Encouragingly, this recentl...Read More

Canada a world leader in environmental performance

January 01, 1970 / www.fraserinstitute.org

Canadians care about the state of their environment. Over the past few years, several reports have presented Canada as an environmental laggard, ranking it near the bottom of the list of OECD countries. But we regard the methodologies behind these studies as flawed: they unfairly represent Canada's environmental performance in some respects and do not always use the most meaningful and relevant pe...Read More

Gold Seeker Closing Report: Gold and Silver Gain Roughly 1% and 3%

January 01, 1970 / news.goldseek.com

 CloseGain/LossGold $1357.70+$16.70Silver$17.56+$0.51XAU92.08+2.42%HUI207.17+2.19%GDM688.77+2.23%JSE Gold1313.95+48.88USD89.25-0.87Euro124.02+1.04Yen91.76+0.97Oil$65.61$1.1410-Year2.652%+0.006T-Bond148.65625-0.5625Dow26252.12+0.16%Nasdaq7415.06-0.61%S&P2837.54-0.06%  The Metals: Gold climbed up to $1355.40 in midmorning New York trade before it pared back a bit into midday,...Read More

Goldman, Citi final bidders for Scotiabank's metals business: sources

January 01, 1970 / business.financialpost.com

LONDON — The field of prospective bidders for ScotiaMocatta, the metals trading arm of Canada’s Bank of Nova Scotia, has narrowed to two, three banking and industry sources said on Wednesday.The two – Goldman Sachs Group and Citi – are undertaking due diligence checks, the sources said.The sources said Japanese trading house Sumitomo and Australian bank ANZ (Australia and N...Read More

Canada falls out of top 10 freest countries, U.S. up six spots to 17th

January 01, 1970 / www.fraserinstitute.org

The Human Freedom Index (HFI) presents a broad measure of human freedom, understood as the absence of coercive constraint. This third annual index uses 79 distinct indicators of personal and economic freedom in the following areas:Rule of LawSecurity and SafetyMovementReligionAssociation, Assembly, and Civil SocietyExpression and InformationIdentity and RelationshipsSize of GovernmentLegal System...Read More

Gold Seeker Closing Report: Gold and Silver Fall Roughly 1%

January 01, 1970 / news.goldseek.com

 CloseGain/LossGold $1348.00-$9.70Silver$17.30-$0.26XAU89.91-2.36%HUI202.24-2.38%GDM678.63-1.46%JSE Gold1327.01+13.06USD89.28+0.03Euro124.17+0.15Yen91.65-0.11Oil$65.51-$0.1010-Year2.618%-0.034T-Bond149.40625+0.9375Dow26392.79+0.54%Nasdaq7411.16-0.05%S&P2839.25+0.06%  The Metals: Gold gained $8.30 to $1366.00 in Asia before it dipped back under unchanged in London and then c...Read More

Bucking trend, Leagold ready for shopping spree as gold prices climb

January 01, 1970 / business.financialpost.com

Conventional wisdom suggests 'buy low, sell high' is the best strategy. But as gold prices surge to new peaks daily, and some companies hang back from acquisitions, Leagold Mining Corp.'s chief executive Neil Woodyer believes he's found a loophole to this age-old adage: In about a one-year timespan, he has built a Latin America-focused intermediate by snapping up assets that larger companies cast...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Over 1% and 2% on the Week

January 01, 1970 / news.goldseek.com

 CloseGain/LossOn WeekGold $1349.60+$1.60+1.31%Silver$17.41+$0.11+2.29%XAU90.31+0.44%+2.66%HUI203.36+0.56%+3.27%GDM682.82+0.45%+3.11%JSE Gold1313.09-13.92+1.19%USD89.10-0.18-1.73%Euro124.24+0.07+1.68%Yen91.97+0.32+1.71%Oil$66.41+$0.63+4.80%10-Year2.659%+0.041-0.08%Bond148.84375-0.5625+0.17%Dow26616.71+0.85%+2.09%Nasdaq7505.77+1.28%+2.31%S&P2872.87+1.18%+2.23%  The Metals: G...Read More

Gold Seeker Closing Report: Gold and Silver Fall Roughly 1%

January 01, 1970 / news.goldseek.com

 CloseGain/LossGold $1342.00-$7.60Silver$17.18-$0.23XAU87.47-3.15%HUI195.77-3.73%GDM663.35-2.82%JSE Gold1300.17-12.92USD89.36+0.26Euro123.83-0.41Yen91.91-0.06Oil$65.56-$0.5810-Year2.691%+0.032T-Bond148.15625-0.59375Dow26439.48-0.67%Nasdaq7466.51-0.52%S&P2853.53-0.67%  The Metals: Gold fell $11.70 to $1337.90 in late morning New York trade before it bounced back higher in th...Read More

Gold Seeker Closing Report: Gold and Silver End Slightly Lower, Dow Drops Markedly

January 01, 1970 / news.goldseek.com

 CloseGain/LossGold $1336.80-$5.20Silver$17.11-$0.07XAU86.56-1.03%HUI194.03-0.89%GDM656.14-1.09%JSE Gold1239.40-60.77USD89.23-0.13Euro123.97+0.14Yen91.97+0.06Oil$64.50-$1.0610-Year2.724%+0.033T-Bond147.34375-0.78125Dow26076.89-1.37%Nasdaq7402.48-0.86%S&P2822.43-1.09%  The Metals: Gold dropped $7.50 to $1334.50 in Asia before it bounced back to $1348.90 by a little after 9AM...Read More

Mongolia slaps $155M tax bill on Turquoise Hill's mine; NGO claims company owes more

January 01, 1970 / business.financialpost.com

Turquoise Hill Resources Ltd. and parent Rio Tinto Group’s ambition to build one of the world’s largest copper and gold mines, called Oyu Tolgoi, in Mongolia’s Gobi Desert, has hit a number of stumbling blocks in recent weeks.Last week, Jean-Sebastien Jacques, the chief executive of Rio Tinto, flew to Mongolia’s capital city to meet with prime minister Ukhnaagiin Khurelsuk...Read More

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