Recent News

Australia, Malaysia to meet over rare earths on June 20

June 04, 2019 / www.mining.com

Australian and Malaysian government officials are due to meet later this month, a state mining spokeswoman confirmed and the plan for Lynas Corp's controversial rare earths waste storage in the country is likely to be at the top of the agenda.Bill Johnston, Western Australia's minister for mines, will meet Hon Yeo Bee Yin, Malaysia's energy minister, in Perth on June 20, a ministry spokeswoman tol...Read More

Russian banks mull exporting more gold on central bank discount

June 04, 2019 / www.mining.com

Russian banks are considering increasing gold exports after the central bank said it would only buy at a discount, a move that could potentially pressure global bullion prices.The Bank of Russia made the change to its pricing policy this year, saying it would buy from dealers at a level slightly below the benchmark London gold price. It's part of a broader policy push to stimulate growth in the ma...Read More

Stock Futures Rise, Tech Eyes Recovery

June 04, 2019 / www.schaeffersresearch.com

A Chinese official suggested respectful trade talks should continue with the U.S.Futures on the Dow Jones Industrial Average (DJI) are moving on trade headlines once again, this time trading above fair value. Traders are responding to a report that China's Commerce Ministry said the U.S. and China should resolve the trade dispute through respectful conversations, while there are also rumors that C...Read More

Vedanta's Zambia court hearing adjourned for a week

June 04, 2019 / www.mining.com

A court hearing following Zambia's decision to name a provisional liquidator to run Vedanta Resources' Konkola Copper Mines (KCM) business was adjourned for a week on Tuesday without tackling Vedanta's demands to be involved, the company said.Vedanta Resources, part-owner of the Mumbai-listed Vedanta group of companies, is KCM's majority shareholder while Zambian state mining company ZCCM-IH holds...Read More

The AAII Sentiment Signal on Our Contrarian Radar

June 04, 2019 / www.schaeffersresearch.com

S&P returns tend to outperform the norm after individual investors hit this type of pessimistic extremeBy last Thursday morning, when the latest weekly sentiment survey results from the American Association of Individual Investors (AAII) were released, the S&P 500 Index (SPX) was well on its way to ending the month of May on a loss of over 5% -- not quite as gruesome as the 9.2% plunge that rattle...Read More

METALS-Escalating trade war keeps copper pinned at five-month lows

June 04, 2019 / www.kitco.com

* GRAPHIC-2019 asset returns: (Updates with closing prices, rare earths update)By Zandi ShabalalaLONDON, June 4 (Reuters) - Copper prices hovered near afive-month low on Tuesday as an escalation of the U.S.-Chinatrade war reinforced concern about demand for industrial metalswhile the weaker dollar provided some suppport.China on Tuesday warned that its companies operating in theUnited States could...Read More

Venezuelan ministers say Pem??n tribe supports Mining Arc, NGOs disagree

June 04, 2019 / www.mining.com

The Venezuelan Ministers of Mining Ecological Development, V?-ctor Cano, and Indigenous Peoples Aloha N????ez met with 15 captains from the Pem??n tribe and, according to state media, reiterated that it is illegal to carry out mining activities in National Parks.According to official outlets, the Indigenous leaders from the southeastern Gran Sabana municipality presented Cano and N????ez with comp...Read More

Venezuelan ministers say Pem??n tribe supports Mining Arc, NGOs disagree

June 04, 2019 / www.mining.com

The Venezuelan Ministers of Mining Ecological Development, V?-ctor Cano, and Indigenous Peoples Aloha N????ez met with 15 captains from the Pem??n tribe and, according to state media, reiterated that it is illegal to carry out mining activities in National Parks.According to official outlets, the Indigenous leaders from the southeastern Gran Sabana municipality presented Cano and N????ez with comp...Read More

We are pleased to announce that @FrontierLithium will be presenting on the #MJSelect stage this month! Frontier Lit...

June 04, 2019 / twitter.com

"We are pleased to announce that @FrontierLithium will be presenting on the #MJSelect stage this month! Frontier Lithium is a Canadian junior mining company with the largest land position in the Electric Avenue, the PAK Deposit. #MJS https://t.co/DDClNBMhNC"Read full newsRead More

Canada's Monarca to acquire San Jos?(C) project in Mexico

June 04, 2019 / www.mining.com

Monarca Minerals (TSXV: MMN) entered into an option agreement to acquire a 100% interest in the 5,580-hectare San Jos?(C) project located in Chihuahua, northern Mexico.To go ahead with the deal, Monarca will pay a total of $150,000 to the mining concession owners and the agreement includes a 2% Net Smelter Return royalty upon reaching commercial production.In a media statement, the Canadian miner...Read More

Canada's Monarca to acquire San Jos?(C) project in Mexico

June 04, 2019 / www.mining.com

Monarca Minerals (TSXV: MMN) entered into an option agreement to acquire a 100% interest in the 5,580-hectare San Jos?(C) project located in Chihuahua, northern Mexico.To go ahead with the deal, Monarca will pay a total of $150,000 to the mining concession owners and the agreement includes a 2% Net Smelter Return royalty upon reaching commercial production.In a media statement, the Canadian miner...Read More

Canada's Monarca to acquire San Jos?(C) project in Mexico

June 04, 2019 / www.mining.com

Monarca Minerals (TSXV: MMN) entered into an option agreement to acquire a 100% interest in the 5,580-hectare San Jos?(C) project located in Chihuahua, northern Mexico.To go ahead with the deal, Monarca will pay a total of $150,000 to the mining concession owners and the agreement includes a 2% Net Smelter Return royalty upon reaching commercial production.In a media statement, the Canadian miner...Read More

UPDATE 2-South Africa's rand slumps after GDP shocker, stocks up

June 04, 2019 / www.kitco.com

* Q1 GDP down 3.2% on quarterly basis * Central bank mandate news also weigh * Stocks lifted by heavyweights (Updates prices, adds stocks)JOHANNESBURG, June 4 (Reuters) - South Africa's rand slumpedon Tuesday after data showed the worst quarterly economiccontraction in a decade at the start of 2019, while stocksgained.The rand was also hammered by news that South Africa'sgoverning party has agreed...Read More

Deal signed to clean up Anaconda copper mine site

June 04, 2019 / www.mining.com

Solutions will be implemented to solve long-standing environmental issues associated with waste dumps left behind at the Anaconda copper mine site after the company of the same name shut down operations in 1978 and following Arimetco's takeover and abandonment of the site in 1999.This is according to Quaterra Resources (TSXV: QTA), a Canadian miner that owns the 51-square-mile Yerington copper pro...Read More

Deal signed to clean up Anaconda copper mine site

June 04, 2019 / www.mining.com

Solutions will be implemented to solve long-standing environmental issues associated with waste dumps left behind at the Anaconda copper mine site after the company of the same name shut down operations in 1978 and following Arimetco's takeover and abandonment of the site in 1999.This is according to Quaterra Resources (TSXV: QTA), a Canadian miner that owns the 51-square-mile Yerington copper pro...Read More

UPDATE 2-Inflation's decline puts pressure back on ECB

June 04, 2019 / www.kitco.com

(Adds market reaction, analyst)By Jan Strupczewski and Balazs KoranyiBRUSSELS/FRANKFURT, June 4 (Reuters) - Euro zone inflationfell more than expected last month, adding to worries about weakprice pressure and reinforcing the case for more stimulus by theEuropean Central Bank.With growth slowing as a global trade war heats up, majorcentral banks appear to have given up plans to tighten policyand i...Read More

Gold production declines at Wharf Mine

June 04, 2019 / dlvr.it

Production and sales were down about 20 percent last year at the only active, large-scale gold mine in the Black Hills, according to reports filed with state regulators.Read full newsRead More

African Gold Mining Landscape Posturing for Changing Future; Players in the Game

June 04, 2019 / dlvr.it

May 30, 2019 (Investorideas.com via COMTEX) -- Point Roberts, WA and Delta, BC - May 30, 2019 (Investorideas.com Newswire) Investorideas.com, a global...Read full newsRead More

$VSR Snapshot | #VanstarMiningResources with $IMG #IAmGold @vanstar_vsr For full 2 pager ??"^???".. #GoldStock...

June 04, 2019 / twitter.com

"$VSR Snapshot | #VanstarMiningResources with $IMG #IAmGold @vanstar_vsr For full 2 pager ??"^???"..#GoldStock #Vanstar $VSR #tsxv #smallcaps #Stockstotrade #stockstowatch #MomentumStocks #Goldmine #Goldstock. #GoldMining #Goldhttps://t.co/VWcdmsd1UE"Read full newsRead More

Insights: Believe it or not, Canadian stocks are winning the trade war

June 04, 2019 / www.canadianinsider.com

For Canadian investors who have had to endure years of underperformance versus US stocks, there has been a surprising twist over the past few months. Canadian stocks are broadly beating US stocks as the Sino-American trade war heats up. We discuss this development and more in our latest edition of Insights. You can read the newsletter here and no registration is required. Read More

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