The South Australian Minister for Energy and Mining granted Havilah Resources (ASX: HAV) three mineral leases and two miscellaneous purposes licenses for the Kalkaroo copper-gold project, located northeast of Adelaide in South Australia.In a press release, Havilah said the decision secures the company's right to mine Kalkaroo. However, the firm still needs to obtain permission to mine which requir...Read More
Max Resource (TSXV: MXR) reported this week the first assays from its 10-week exploration program underway at the North Choc?? copper-gold project, located 80 kilometres southwest of Medell?-n, Colombia.Among the highlights of the campaign, Max said that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold and, of those seven samples, three returned values of >10,00...Read More
Max Resource (TSXV: MXR) reported this week the first assays from its 10-week exploration program underway at the North Choc?? copper-gold project, located 80 kilometres southwest of Medell?-n, Colombia.Among the highlights of the campaign, Max said that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold and, of those seven samples, three returned values of >10,00...Read More
Max Resource (TSXV: MXR) reported this week the first assays from its 10-week exploration program underway at the North Choc?? copper-gold project, located 80 kilometres southwest of Medell?-n, Colombia.Among the highlights of the campaign, Max said that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold and, of those seven samples, three returned values of >10,00...Read More
Max Resource (TSXV: MXR) reported this week the first assays from its 10-week exploration program underway at the North Choc?? copper-gold project, located 80 kilometres southwest of Medell?-n, Colombia.Among the highlights of the campaign, Max said that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold and, of those seven samples, three returned values of >10,00...Read More
Mid-tier Canadian miner B2Gold (TSX:BTO)(NYSE: BTG) on Friday dismissed reports indicating it was mulling the acquisition of an idled gold mine in Zimbabwe, emphasizing it was not currently interested in any mergers or acquisitions.Chief executive Clive Johnson reiterated B2Gold's long-term growth strategy by saying that in addition to developing its existing pipeline of projects, the company co...Read More
Mid-tier Canadian miner B2Gold (TSX:BTO)(NYSE: BTG) on Friday dismissed reports indicating it was mulling the acquisition of an idled gold mine in Zimbabwe, emphasizing it was not currently interested in any mergers or acquisitions.Chief executive Clive Johnson reiterated B2Gold's long-term growth strategy by saying that in addition to developing its existing pipeline of projects, the company co...Read More
Mid-tier Canadian miner B2Gold (TSX:BTO)(NYSE: BTG) on Friday dismissed reports indicating it was mulling the acquisition of an idled gold mine in Zimbabwe, emphasizing it was not currently interested in any mergers or acquisitions.Chief executive Clive Johnson reiterated B2Gold's long-term growth strategy by saying that in addition to developing its existing pipeline of projects, the company co...Read More
* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, May 24 (Reuters) - Nickel spiked to its highestlevel in over two weeks on Friday as bearish investors coveredpositions, while other industrial metals gained on a weakerdollar and hopes for a U.S.-China trade deal.World stocks edged higher and oil prices also recovered frombruising falls this week after U.S. President...Read More
Chile's Codelco, the world's No. 1 copper producer, has dismissed reports of a predicted 40% drop in production over the next two years due to declining ore grades and the switch of its flagship Chuquicamata mine to underground from open pit.Instead, the miner says it is following a detailed plan that will allow it to keep copper output at current levels of around 1.7 million tonnes a year over th...Read More
Chile's Codelco, the world's No. 1 copper producer, has dismissed reports of a predicted 40% drop in production over the next two years due to declining ore grades and the switch of its flagship Chuquicamata mine to underground from open pit.Instead, the miner says it is following a detailed plan that will allow it to keep copper output at current levels of around 1.7 million tonnes a year over th...Read More
A new report projects the cannabis market in the United States will reach $22.7 billion in sales by 2023. The estimates in the Brightfield Group report imply a compound annual...Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended sharply lower Thursday as the trade war between the U.S. and China intensified. NeoPhotonics (NPTN - Get Report) cut its second-quarter guidance amid lower revenue expectations resulting from the U.S. ban on business with Huawei Technologies. Best Buy (BBY - Get Report) beat Wall Street's first-quarter...Read More
Aluminium's three-month price on the London Metal Exchange was the only metal to trade in positive territory at the close of trading on Thursday April 23, climbing by just under 1% to near $1,800 per tonne. News that operations would fully resume at Norsk Hydro's Alunorte alumina refinery in Brazil sent the light metal's futures price spiraling to a three-year low of $1,765.50 per tonne, however i...Read More
Base metals prices on the London Metal Exchange were lower during morning trading on Thursday May 23, with continued trade friction between the United States and China fueling risk-off sentiment while tight nearby spreads failed to attract fresh inflows. "Today has started in much the same mode with the metals losing ground in the Asian session," Kingdom Futures director and chief executive Malcol...Read More
Energy storage in mobility and stationary storage applications will increase annual copper demand by 2.3 million tonnes by 2029, according to an analyst at research and consulting firm IDTechEx.Na Jiao said that total cumulative copper demand in energy storage over the next decade will be just over nine million tonnes. Energy storage - and battery technology in particular - is often seen as having...Read More
Tighten up the belts! President Donald Trump's China tariffs are coming! The Trump administration's new duties on Chinese imports -- part of an effort to combat China's allegedly unfair trade practices -- are expected to ricochet back onto American consumers, according to a new study from the Federal Reserve Bank of New York's research department. The researchers es...Read More
The Chinese domestic cobalt sulfate price hit a fresh low for 2019 mid-week amid persistent selling pressure among producers who are mostly struggling to break even, sources said.Fastmarkets' assessment of the price for Chinese cobalt sulfate fell to 44,500-45,500 yuan ($6,444-6,589) per tonne on Wednesday May 22, down from 46,000-48,000 yuan per tonne previously. This placed the assessment at its...Read More
The Turkish steel producers have broken their silence in the deep-sea scrap markets with prices increasing sharply, sources said on Thursday May 23.Four steel mills booked deep-sea cargoes from various sources late on Wednesday and on Thursday.A steel mill in the Marmara region booked a US cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $310 per tonne and 5,000 tonnes of shredded at $315 per...Read More
The United States' reduction of tariffs on Turkish steel imports to 25% from 50% last week will only partially reopen the US market to Turkish mills, who should avoid raising prices if they are to successfully regain a share in that market, several sources told Fastmarkets this week. The US has lowered its tariffs on steel imports from Turkey to 25% effective Friday May 17. Duties had been at...Read More