Two underground mine workers succumbed to smoke inhalation sickness following exposure to blasting gasses at Golden Star's Prestea underground gold mine in Ghana on December 29.In a statement, Golden Star said it suspended operations at Prestea to allow for the initial investigation of the incident. The mine has now resumed full operation. Mine management and the Inspector of Mines are conducting...Read More
Gold prices hit over 3-month highs onTuesday, supported by technical factors after the precious metalbroke through strong resistance last week.FUNDAMENTALS* Spot goldrose 0.2 percent to $1,305 an ounce at0114 GMT, having hit its highest since Sept. 26 at $1,307.63earlier in the session.* Gold benefited from technically driven momentum afterclosing above its 100-day moving average last week and bre...Read More
Oil prices had their highest January opening since 2014 on Tuesday, supported by ongoing supply cuts led by OPEC and Russia as well as strong demand.Read full newsRead More
The following issues have been halted by IIROC:Company: Marlin Gold Mining Ltd.TSX-V Symbol:MLNReason:At the Request of the Company Pending NewsHalt Time... | d?cembre 22,2017Read full newsRead More
On December 31, residents of Jerada, in northeastern Morocco, braved the winter cold and stayed on the streets late into the night in what was the ninth day of continued rallies in demand for jobs, social development and government intervention in what the call "the mines of death." This time, protesters showed up dressed as miners, had their faces and hands blackened and were carrying black loave...Read More
There are very few sellers leftThere were very few sellers left in January 2016 when the devastating "forever bear" was about to end. Six months later and a 150% rebound in the large caps and 200% rise in the juniors (GDXJ) provided sellers an opportunity. They drove the miners and juniors down by 40% to 45% in less than five months. However, both GDX and GDXJ have been able to hold above that low...Read More
I experienced a real eye-opener this past week. The lease on my fiance's Audi A3 terminates soon. I was scanning the "pre-owned" inventory at the two largest Audi dealers in Denver expecting to see some good deals on 2013/2014 Audi A4's that had come off lease. Instead, I was shocked to see at both dealers a large selection of 2016/2017 A4s with less then 20k miles. Some under 10k miles. I even sa...Read More
Lithium carbonate concentrated from Sturgeon Lake oilfield brine in Alberta using MGX’s rapid recovery process. Source: MGX Minerals Inc.MGX Minerals Inc. [XMG-CSE; OTCQB-MGXMF] said Tuesday January 2 that it has completed a site survey in preparation for 3-D geophysics at the company's Paradox Basin petrolithium project in Utah. The purpose of the geophysical survey is to outline subsurface...Read More
Drilling at ML Gold's Palmetto property in Esmeralda County, Nevada, on the Walker Lane Gold Trend. Source: ML Gold Corp.ML Gold Corp. [MLG-TSXV; MLGCF-OTC] said Tuesday January 2 that it has commenced winter drilling on its recently acquired Stars property, which is located southwest of Houston, British Columbia. The company said the property lies within a highly prosperous porphyry belt that pas...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Jack Chan's Weekly Precious Metals Market UpdateSource: Jack Chan for Streetwise Reports January 2, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting buy signals for both gold an...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Copper Outlook at Critical Juncture and Implications for the Silver PriceSource: Clive Maund for Streetwise Reports January 2, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund delves into the reasons behind copper's recent rise and what that...Read More
Nothing should happen to your body without your consent.Seems pretty straightforward. Yet our society is predicated on ignoring consent.Recently we have heard all about famous and powerful people ignoring consent when it comes to sexual advances.But consent is just as important when it comes to labor, for instance. Completely forced labor is slavery.Taxes also amount to a less intense form of forc...Read More
"I believe there is a good chance that the precious metals will be an outstanding asset class in 2018 – Gold could outperform Bitcoin in the year ahead."https://www.peterlbrandt.com/2018-gold-outlook/Read More
Published on: Jan 2, 2018 | by finfeedAmerican Pacific Borate & Lithium Ltd (ASX:ABR) has finished 2017 strongly, by publishing a compelling Scoping Study for its flagship Fort Cady Project in California.In an update to shareholders, ABR said its Scoping Study is targeting steady state production of 246,000 tonnes per annum of boric acid and 54,000 tonnes per annum of SOP - a premium type of s...Read More
The European Union has taken over the chairmanship of the Kimberley Process for 2018, a decade after it last directed the initiative. Federica Mogherini, who is an Italian politician and the High Representative of the bloc for Foreign Affairs and Security Policy, will be heading the operation. Kimberley is a process started in 2003 following the United Nations General Assembly's Resolution 55/56....Read More
Brazil's Vale (NYSE:VALE), the world's largest iron ore and nickel miner, said in a securities filing on Tuesday that on January 8, 2018, it will conclude the sale of a fertilizer unit to US-based Mosaic Co. (NYSE:MOS) with adjustments. The changes will reduce the price tag of the sale by $1.35 billion. The South American miner revealed that it wants to retain control of the TIPLAM port terminal,...Read More
International diamond trading network Rapaport Group released a report that states that, following a better-than-expected holiday season, polished diamond prices stabilized in December 2017.Even though the company's RapNet Diamond Index, known as RAPI, slid 1.7% for 3-carat diamonds in the last month of the year, it edged up 0.3% for 1-carat diamonds, 1.2% for 0.30-carat diamonds, and 0.6% for 0.5...Read More
Two underground mine workers succumbed to smoke inhalation sickness following exposure to blasting gasses at Golden Star's Prestea underground gold mine in Ghana on December 29.In a statement, Golden Star said it suspended operations at Prestea to allow for the initial investigation of the incident. The mine has now resumed full operation. Mine management and the Inspector of Mines are conducting...Read More
Legendary Dome Mine Timmins Ontario (Wiki Photo)https://www.northernontariobusiness.com/The final day of 2017 marked the end of an era at a Timmins mine. More than 100 years after the Dome underground mine started, work permanently ceased on Dec. 31.Goldcorp Porcupine Gold Mines (PGM) announced the closure, which directly affects about 140 people, in August. To mark the end of the historic operati...Read More