In his April 4th Discovery Watch broadcast, John Kaiser bemoans the continued grinding lower of junior resource stocks. He closely tracks the state of the junior resource area on his website KaiserResearch.com, and he does not like what he sees. Looking at the average traded price and traded value of the junior resource stocks on the TSX Venture exchange, he notes that the traded value of resourc...Read More
Giant mines currently under construction will churn out an additional 1 million tons of copper through 2023, but that won't be enough to fully close an expected gap between supply and demand in the next few years.Industry analysts and executives descending on Santiago this week for the Cesco conference, one of the industry's biggest events, are in bullish spirits: a key indicator of the market for...Read More
Cordoba Minerals (TSXV: CDB) is planning a 1,000 metre drill program at its Alacran copper-gold deposit, part of its San Matias copper-gold project in Colombia. Based on its results, the company may double the drill program.The miner will initially drill a single, 700 metre hole about 300 metres west of the Alacran targeting a potential copper-gold porphyry beneath the known deposit. It will then...Read More
A group of minority shareholders in Brazilian iron ore maker Vale SA have proposed an alternative board member to challenge the independent members within the group of 13 candidates presented by the company's board, newspaper Valor Economico reported.Broker Vic DTVM and fund Geracao Futuro Lpar proposed Patricia Bentes as an independent member and proposed the election be held using a cumulative v...Read More
"We need a change of course at the Bank of Italy if we think about what happened in the last years...The gold belongs to the Italians, not to the bankers..."Read full newsRead More
Komatsu Ltd. has developed its first battery-powered digger as it follows the auto industry in transitioning away from combustion engines.Asia's top construction equipment maker designed a 4.7-ton mini excavator that uses the same battery as its electric forklifts, Komatsu said in a statement on Monday. A fully charged battery allows two-to-six hours of operation, it said.Komatsu's "zero-emission"...Read More
One of China's top commodity traders, Tewoo Group, is selling copper at below market rates as it grapples with a liquidity crunch, according to people with knowledge of the matter. The company, which is owned by the local Tianjin government, is offloading some refined copper stocked in bonded zones as it unwinds financing deals with some banks, said the people, who asked not to be identified as th...Read More
Australian thermal coal prices plummeted last week, dropping to a 10-month low after succumbing to a series of blows including concern over imports by China and a lower contract price with Japan.But while one should always be wary of trying to catch a falling knife, there are some signs that the rapid decline in prices in recent months has moved the market into oversold territory.The weekly price...Read More
Indonesia's first plant to produce battery-grade nickel chemicals is on track to start operations by 2020, though the project still needs an environmental permit that could take up to eight months to be approved, the developer told Reuters.China's Tsingshan Group and partners including GEM Co Ltd are building a $700 million high pressure acid leaching (HPAL) plant at the PT Indonesia Morowali Indu...Read More
Global miner Anglo American (LON: AAL) will abandon plans to expand its Los Bronces copper mine in Chile if any potential damage to the nearby glaciers and ground water is identified.The company, which is preparing an environmental impact assessment for the $3 billion project, says all data collected so far proves it can go ahead with the expansion without causing any harm to the environment.The...Read More
"Sirios Resources Inc. (TSXV:SOI) is a junior exploration company with five gold assets in James Bay, Quebec, Cheechoo which is adjacent to Goldcorp's Eleonore gold mine, being the most advanced project. https://t.co/uWJWAUUxR3 #SiriosResources #gold #investing"Read full newsRead More
Students at the University of British Columbia's Norman B. Keevil Institute of Mining Engineering are partnering with tech company Riivos Inc. to design their Mine and Plant Feasibility Study capstone projects.The projects are part of their required courses and in order to complete them, the students are using a Riivos-built mining financial technology software that allows them to quickly and easi...Read More
Smart Social Media Automation. Automatically share RSS feeds to Facebook, Twitter, LinkedIn, Pinterest and more.Read full newsRead More
Africa-focused Firestone Diamonds (LON:FDI) has dug up a 72-carat yellow, whole makeable diamond at its Liqhobong Mine in Lesotho, the second one over 70-carat it has found this year.The stone, recovered over the weekend together with a 22 carat makeable white stone, followed by an 11 carat fancy light-pink diamond found at the asset."Makeable" diamonds are those whose shape allows to cut one la...Read More
Australian rare earths miner Lynas Corp (ASX: LYC) is considering initial ore processing in the home country, where its Mount Weld mine is located, as Malaysia has stepped up pressure on the company to fulfill new, tougher requirements to have its processing licence renewed.Malaysian Prime Minister Mahathir Mohamad said on Friday that parties interested in buying Lynas had agreed to extract radioa...Read More
Wildflower & Water Critters Hike10 a.m. to noon April 7, 2019Continues Saturdays and Sundays through May 12, 2019Jepson Prairie, 4845 Cook Lane, DixonJepson Prairie Preserve is one of California's best remaining examples of a vernal pool ecosystem and native grassland prairie. Dry and dormanRead full newsRead More
Stories from this compilation are excerpted from weekly newspapers from around the region.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index finished hammering out a bottom at the 1120-1125 level (completing what looks like a triple bottom) in the first day or two of last week. The INK Canadian Insider Index then raged 23 points higher by week's end for a gain of 2%, closing at 1146.95, just off its highs. A mere t...Read More
"$SLB - Schlumberger Sees Decline In 2019 Upstream Capex In North America, But Investment Flows In Some International Markets https://t.co/yetlhAecqq"Read full newsRead More
Nicola Mining (TSXV: NIM) has finished a 39-hole reverse circulation drill program at its past-producing 101-sq.-km New Craigmont copper-magnetite project, testing waste material at the project's 3060-Portal.Highlights from the program include 0.91% copper and 6.44% iron, or 1.08% copper equivalent, over 4 metres from surface, and 0.28% copper and 7.1% iron, or 0.47% copper equivalent, over 8 metr...Read More