The Minerals Council of Australia, Australasian Institute of Mining and Metallurgy and METS Ignited have called on mining and mining supply companies in the country to do more to attract young Australians to build the workforce for the future.Staff reporterMETS Ignited CEO Ric Gros introducing the survey results at the MCA Minerals Education SummitMCA Twitter17 MAY 201817/05/2018commentsshareMETS...Read More
One of the most disappointing things I face as a college professor is the lack of understanding most students have regarding capitalism. The simple fact is, despite its importance to our daily lives, relatively few people have a strong grasp of what causes economic growth and why markets are so central to continuously rising standards of living.In my teaching, I have encountered several myths or...Read More
The following are sponsored investor presentations from the Northern Miner's Canadian Mining Symposium held at Canada House in London, U.K., on April 24-25, 2018, by executives from four Canadian-based companies active in base metals and uranium exploration and development around the globe.CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF)First Cobalt (TSXV: FCC; US-OTC: FTSSF)Fortune Minerals (TSX: FT;...Read More
CloseGain/LossGold $1290.40-$2.10Silver$16.37+$0.09XAU81.93+0.20%HUI177.77-0.11%GDM622.01-0.19%JSE Gold1016.71-24.50USD93.40+0.16Euro118.04-0.42Yen90.83+0.05Oil$71.49+$0.1810-Year3.097%+0.025T-Bond140.90625-0.15625Dow24768.93+0.25%Nasdaq7398.30+0.63%S&P2722.46+0.41% The Metals: Gold gained $4.30 to $1296.80 in Asia before it dropped back to $1286.50 in London and then bounced back higher i...Read More
By Dominic Frisby, Money Week2018 has been a noisy year so far: stocks have been up, then down, then up, but ultimately gone nowhere.Precious metals are a little lower than where they started. Bonds are quite a bit lower. Crypto currencies are a lot lower.Oil supply and demand chart (Money Week)There's been babble and squawk about all of them.But one normally clamorous asset has quietly ground...Read More
North Korean's moving away from peace talks after hints of regime change moves by the Americans should limit the fall in gold and silver today. Long term investors will also be using the fall in gold and silver to start investing. American are known to press for regime change. North Koreans are rightly cautious. Our view: I never expected Americans to go for peace talks in the Korean peninsula....Read More
Rescuers searching for Polish miners trapped almost a kilometer underground since a tunnel collapsed 11 days ago have found the body of the last missing man, taking to five the death toll in the incident, coal company JSW said on Wednesday.The Zofiowka mine in southern Poland was hit by an earthquake on May 5, initially trapping seven miners. Two were rescued early last week."The (last) miner's bo...Read More
While India saw a 12% decrease in demand for gold jewelry in Q1 2018, Chinese demand grew 7%, and Shanghai Gold Exchange saw April's demand for gold up 28% from 2017.Read full newsRead More
Rather than just "hodling" and hoping that Bitcoin appreciates, investors can earn a fiat-based yield on their BTC by employing what is referred to as a call overwrite technique...Read full newsRead More
Despite mining contributing about 6 per cent of Australia's GDP, a study by YouthSight revealed that 59 per cent of young people in the country know nothing at all about mining careers.The results from the study were made public today at the MCA Minerals Education Summit in Melbourne and also through a press release issued by the industry-led, government-funded think tank METS Ignited, the Minera...Read More
The Toronto-based start-up has developed a patent-pending process for converting large components of the cannabis plant into an aqueous solution as a base for producing fermented beverages.Read full newsRead More
Mr. Jeff Chisholm reportsPAN ORIENT ENERGY CORP.: 2018 FIRST QUARTER FINANCIAL & OPERATING RESULTSPan Orient Energy Corp. has released 2018 first quarter consolidated financial and operating results. The company has filed its unaudited consolidated financial statements as at and for the three months ended March 31, 2018, and related management's discussion and analysis with Canadian securities...Read More
Australian lithium miner Kidman Resources said on Thursday it has entered into a binding agreement to supply lithium hydroxide to electric car maker Tesla Inc.The deal is for an initial three-year term on a "fixed-price take-or-pay basis" from the first product delivery, and contains two three-year term options, the company said in a statement.Kidman said it was also in talks with other strategic,...Read More
European leaders sought unity on Wednesday toward threatened U.S. import tariffs on steel and aluminium, balancing the views of those most fearful of a trade war and those determined not to be bullied into concessions.U.S. President Donald Trump has imposed import duties of 25 percent on steel and 10 percent on aluminium on grounds of national security, but granted EU producers a temporary exempti...Read More
Tom Brady, chief economist at Newmont Mining, says the gold market has been heavily driven by investors since 2016, and it will takeRead full newsRead More
"BMO today reporting further production curtailments on NPI plants imposed by Chinese government for environmental reasons. Bullish #nickel"Read full newsRead More
"Great insight from Vale, calling for incentive pricing of at least $17k/tonne required for new #nickel production to come online. Also noting that Class 2 nickel is readily convertible to battery grade, suggesting the bifurcation narrative is flawed https://t.co/03srIQd1Pi"Read full newsRead More
Mr. Walter Coles Jr. reportsSKEENA DRILLING INTERSECTS MORE HIGH-GRADE GOLD AT SNIPSkeena Resources Ltd. has released analytical results from the first eight holes of the recently initiated phase 2 underground drilling program at the company's 100-per-cent-owned Snip gold project located in the Golden Triangle of British Columbia.The 2018 phase 2 diamond drill program totalling 11,000 metres is be...Read More
South Africa's Tharisa strengthened its claim as an early mover in a hoped-for Zimbabwean mining renaissance on Wednesday by buying a slice of the chrome-rich Great Dyke region.Zimbabwe has attracted intense interest from miners with a promise of favourable terms as it seeks to reboot its economy after veteran leader Robert Mugabe was ousted last year.Tharisa, which mines platinum group metals and...Read More
Mr. Jean Martineau reportsQ1-2018: DYNACOR REPORTS NET INCOME OF US $1.6 MDynacor Gold Mines Inc. has released its unaudited condensed consolidated financial statements and the management's discussion and analysis (MD&A) for the three-month period ended March 31, 2018. These documents have been filed electronically with SEDAR and will be available on the corporation's website.(All figures in t...Read More