Africa-focused Firestone Diamonds (LON:FDI) has put plans to extend the life of its 75%-owned Liqhobong mine in Lesotho on the back burner, saying that current market conditions don't support the project.The company, which reported 2019 interim results on Thursday, managed to limit its losses in the six months to December 31, 2018, despite a global price slump for smaller, lower-value diamonds.Fi...Read More

(Updates with closing prices)By Peter HobsonLONDON, March 28 (Reuters) - Copper prices rose on Thursdayas the threat of disruption at a mine in Peru underlined fearsthat the market is undersupplied, while investors waited fornews from U.S.-China trade talks starting in Beijing.Benchmark copper on the London Metal Exchange (LME)did not trade but was bid 0.4 percent higher at $6,360 a tonneat the cl...Read More

The Federal Government of Australia today launched the Critical Minerals Strategy 2019, aimed at putting emphasis on what politicians call "the industries of the future." In their view, these sectors include agritech, aerospace, defense, renewable energy and telecommunications."We have some of the world's richest stocks of critical minerals and while the market for some of our minerals such as lit...Read More

The Federal Government of Australia today launched the Critical Minerals Strategy 2019, aimed at putting emphasis on what politicians call "the industries of the future." In their view, these sectors include agritech, aerospace, defense, renewable energy and telecommunications."We have some of the world's richest stocks of critical minerals and while the market for some of our minerals such as lit...Read More

The Federal Government of Australia today launched the Critical Minerals Strategy 2019, aimed at putting emphasis on what politicians call "the industries of the future." In their view, these sectors include agritech, aerospace, defense, renewable energy and telecommunications."We have some of the world's richest stocks of critical minerals and while the market for some of our minerals such as lit...Read More

* London's FTSE outperforms as pound falters on Brexit woes * European banks lower as bond yields slide * Swedish banks hit by money laundering scandal * Sentiment tempered by disappointing U.S. GDP numbers * U.S.-China trade talks in focus(Updates to closing)By Susan MathewMarch 28 (Reuters) - European shares pared early gains tofinish lower on Thursday as optimism around some progress inU.S.-Chi...Read More

Canada's Walker River Resources (TSXV: WRR) announced this week that it signed a letter of intent with Smooth Rock Ventures (TSXV: SOCK) to enter into an exploration agreement with option to form a joint venture on the Garfield Flats project, located in Mineral County, Nevada.Smooth Rock can earn an undivided 50% interest in the property by funding $600,000 in exploration expenditures. Walker, o...Read More

Canada's Walker River Resources (TSXV: WRR) announced this week that it signed a letter of intent with Smooth Rock Ventures (TSXV: SOCK) to enter into an exploration agreement with option to form a joint venture on the Garfield Flats project, located in Mineral County, Nevada.Smooth Rock can earn an undivided 50% interest in the property by funding $600,000 in exploration expenditures. Walker, o...Read More

Canada's Walker River Resources (TSXV: WRR) announced this week that it signed a letter of intent with Smooth Rock Ventures (TSXV: SOCK) to enter into an exploration agreement with option to form a joint venture on the Garfield Flats project, located in Mineral County, Nevada.Smooth Rock can earn an undivided 50% interest in the property by funding $600,000 in exploration expenditures. Walker, o...Read More

A steady rally since mid-August 2018.The Fed gives gold the green light.A stable dollar is supportive of gains.Two levels to watch on the upside.Franco-Nevada Corporation and the royalty model.Gold has been shining in 2019, and there are signs that the precious metal will continue its lustrous price activity over the coming weeks and months. Both fundamental and technical factors are supportive of...Read More

(Recasts, updates prices)By Saikat Chatterjee and Tom FinnLONDON, March 28 (Reuters) - Sterling sank to a one-week lowon Thursday as the prospects for a swift agreement on Brexitfaded with the British parliament failing to agree on a wayforward.The pound struggled against a resurgent dollar and tookanother leg down after a British government source said that aso-called "meaningful" vote...Read More

Joint venture partners AngloGold Ashanti (JSE:ANG) (NYSE:AU) and Independence Group (IGO) have approved a $79.3 million underground expansion at their Tropicana gold mine in Western Australia.The project, dubbed the Boston Shaker, is expected to contribute higher-grade mill feed, resulting in an improved gold production profile and enhanced cash flow.Once the underground portion is operative,...Read More

Now Sibanye will wind down Driefontein's operations within 10 years, with plans to cut thousands of jobs as it shuts unprofitable shafts.South Africa's gold industry employs just over 100,000 people, less than a fifth of the number that used to drive the apartheid economy.With most of the nation'Read full newsRead More

Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has entered into a letter of intent with Puriflor Enterprise Inc. ("Puriflor") regarding Puriflor's acquisition of an extraction and processing facility, and the formation of a joint venture between Quadron and Puriflor, whereby Quadron will acquire a one third interest in the Pu...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average declined after the U.S. trade deficit fell more than expected but Wall Street's worries about a U.S. recession remained. Lennar Corp. (LEN)  climbed 3.9% even after the homebuilder reported weaker-than-expected first-quarter earnings. Centene (CNC)  fell 5% after it said it would acquire smalle...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 27. Please click...Read More

Aluminium's three-month price on the London Metal Exchange was up by 1.3% at the close of trading on Wednesday March 27, closing once again at more than $1,900 per tonne although the volumes traded remained moderate, topping the complex at just over 12,000 lots changing hands.The light metal's three-month price fell to less than $1,900 per tonne at Tuesday's close, after trading above that mark si...Read More

Improving end-user demand boosted the US premium for 4x4 nickel cut cathode in the week ended Tuesday March 26, but European market participants were bearish leading to a flat market, and China was quiet due to a closed import window. US cut cathode premium moves up again European traders deterred by LME nickel contango China's trade mostly domestic, partly to avail of recent tax cuts U...Read More

There was a point in the early 1990s when lunchtime London wine tipplers above a certain pay-grade would boast of being in the ABC club: "anything but Chardonnay." Now it seems central bank reserve managers have founded a rather less bibulous fraternity of their own, the ABD club: "anything but (U.S.) dollars." A snobbish revulsion to a grape that produces the finest white burgundies was larg...Read More

Here are five Fastmarkets MB stories you might have missed on Wednesday March 27 that are worth another look.The new London Metal Exchange cash-settled alumina contract will help the exchange to retain its top spot as the global reference for the aluminium industry, according to LME business development analyst Antonio Masiero. While the market moves away from pricing alumina as a percentage of th...Read More