Using gold-flecked trees to reveal a shiny secret below ground has been part of mining lore - and actual biogeochemical study - since at least the 1940s. But it's never been a particularly practical way to prospect. Now, the tree-testing method in Australia is holding up against surface and groundwater analysis in at least a few samples and has major exploration firm, Marmota Ltd., picking up whe...Read More
(Corrects date in 8th paragraph to 2019 from 2008)By Balazs KoranyiFRANKFURT, May 29 (Reuters) - Super low rates are a boon forbanks rather than a hindrance, European Central Bank (ECB) VicePresident Luis de Guindos said on Wednesday, setting the tonefor a debate on whether lenders should be compensated.Banks have long complained that negative rates weigh ontheir profits, hurting the ECB's efforts...Read More
Golden Share Resources (TSXV: GSH) has acquired the Basking project in Ontario, Canada.In a press release, the miner said that Basking, which is made up of four small non-contiguous claim blocks totaling 34 single cell mining claims, was acquired through map staking.The project is located near the western edge of the James Bay Lowlands and about100 kilometres north-northwest of the Ring of Fire ni...Read More
Golden Share Resources (TSXV: GSH) has acquired the Basking project in Ontario, Canada.In a press release, the miner said that Basking, which is made up of four small non-contiguous claim blocks totaling 34 single cell mining claims, was acquired through map staking.The project is located near the western edge of the James Bay Lowlands and about100 kilometres north-northwest of the Ring of Fire ni...Read More
Golden Share Resources (TSXV: GSH) has acquired the Basking project in Ontario, Canada.In a press release, the miner said that Basking, which is made up of four small non-contiguous claim blocks totaling 34 single cell mining claims, was acquired through map staking.The project is located near the western edge of the James Bay Lowlands and about100 kilometres north-northwest of the Ring of Fire ni...Read More
CanAlaska Uranium (TSXV: CVV) will soon begin a drill program at its 70%-owned West McArthur uranium project.In a press release, the miner said that the program is intended to locate high-grade uranium hosted in faults along the C10 horizon, the major regional fault structure.According to CanAlaska, two previous drill holes intersected high-grade uranium - up to 5% U3O8 - just west of the project...Read More
CanAlaska Uranium (TSXV: CVV) will soon begin a drill program at its 70%-owned West McArthur uranium project.In a press release, the miner said that the program is intended to locate high-grade uranium hosted in faults along the C10 horizon, the major regional fault structure.According to CanAlaska, two previous drill holes intersected high-grade uranium - up to 5% U3O8 - just west of the project...Read More
Summer underperformance is dictated by how stocks behave to prior to MayStocks are performing wonderfully this year; the S&P 500 Index (SPX) is on pace for a double-digit percent gain through May, for just the second time since 2000. We are, however, heading into the most bearish part of the year. The next three months, June through August, is the only three-month stretch to average a loss over th...Read More
"Shareholders Are Thrilled That The California Gold Mining (CNSX:CGM) Share Price Increased 195% https://t.co/EJWSsP94kf"Read full newsRead More
Only the chirping of birds and insects break the silence at a gold mining site in the Eastern Region of Ghana, right at the foot of the Atewa forest reserve.Caterpillar excavators stand still, as the two Ghanaian companies operating them wait for a new mining permit a process that has been in the works for months.But a fresh pile of sludge spilt over a patch of vegetation suggests the mine is be...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce its targeting strategy for the upcoming Summer 2019 Hurricane Extension drilling program on its 100% owned Larocque East property (the "Property"). The primary objective of the drilling will be to evaluate the potential for expansion of the Hurricane zone east of the current drilling pattern. Targets have b...Read More
The London Metal Exchange three-month nickel price continued its decline to fall 1.9% since the close on Friday May 24 to end the afternoon kerb at $12,120 per tonne on Tuesday May 28.The LME three-month nickel price surged by 4% to a kerb close of $12,355 per tonne on May 24 with a spate of short covering in anticipation of the UK and US bank holidays on May 27 driving the price up to a $12,450-p...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended near the day's lows Tuesday as investors returned from the long holiday weekend to comments from President Trump that the United States is "not ready to make a deal" with China. Shares of Italian-American carmaker Fiat Chrysler Automobiles (FCAU - Get Report) and France's Renault rose after Fi...Read More
European lead and zinc smelter Recylex has again been granted a reprieve from debtors regarding repayments of loans its German subgroup took out to finance asset investment, but will also be on the hook for a ?,?26.7 million ($29.9 million) fine from the European Union, the company said on May 24.A group of German banks loaned Recylex's German subgroup, which includes zinc-oxide manufacturers Norz...Read More
Fastmarkets proposes to move the weekly publication day of five price assessments - two nickel pig iron (NPI) prices, two laterite nickel ore prices and one nickel sulfate price - from Tuesday to Friday.The proposed specifications are listed in full below:Assessment: Laterite nickel ore 1.8% cif China $/tonne Quality: Loose mud. 1.8% Ni, 15-20% Fe, Water content 30-35%, Si:Mg ratio <2Quantity:...Read More
Bitcoin's most recent rally above $8,800 is creating a captivating battle between crypto bears and bulls. After breaking through the $8,000 mark in mid-May for the first time since last summer, bitcoin endured a sudden drop of nearly $1,000, proving once again that peak ascendancy won't happen in a single swoop. Now, the digital currency is battling through $8,800 barrier once again. Data compil...Read More
Manganese ore prices have been sliding for seven consecutive weeks and fell to 18-month lows over the past week amid buyer caution in China. 37% and 44% ore hit lowest levels since late 2017Alloy prices flatline across Asia and EuropeFurther price cuts predicted in ores and alloysUS alloy markets dormant Manganese ore prices continued their seven-week slide on Friday May 24 amid increasingly caut...Read More
European lead and zinc smelter Recylex has again been granted a reprieve from debtors regarding repayments of loans its German subgroup took out to finance asset investment, but will also be on the hook for a ?,?26.7 million ($29.9 million) fine from the European Union, the company said on May 24.A group of German banks loaned Recylex's German subgroup, which includes zinc-oxide manufacturers Norz...Read More
Fastmarkets proposes to move the weekly publication day of five price assessments - two nickel pig iron (NPI) prices, two laterite nickel ore prices and one nickel sulfate price - from Tuesday to Friday.The proposed specifications are listed in full below:Assessment: Laterite nickel ore 1.8% cif China $/tonne Quality: Loose mud. 1.8% Ni, 15-20% Fe, Water content 30-35%, Si:Mg ratio <2Quantity:...Read More
Benchmark cobalt prices edged lower again at the end of last week after some sellers cut their offers to secure larger tonnage inquiries after an early start to the quieter summer period. Fastmarkets MB assessed the standard-grade cobalt price at $16-16.55 per lb, in-warehouse, on Friday May 24, down from $16.20-16.75 per lb on May 22. Buying from consumers has tailed off in the past few weeks, an...Read More