Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
"INTERVIEW - Rick Rule of Sprott: "In the equities we are suggesting to people that at the beginning of a gold bull market you want to buy the best of the best stocks." Listen to the interview at https://t.co/f83FUA6kMQ for more from Rule. @RealRickRule #NOIC2019 #gold #investing"Read full newsRead More
"High-grade and large-scale deposits, relatively underexplored, mining-friendly policies and established infrastructure, make the island nation of Fiji emerge as the next frontier for new discoveries. https://t.co/jlpdZ8ucwb @AWETSXV #fiji #exploration #resources #investing"Read full newsRead More
Bonterra Resources Inc. is pleased to provide an update on recently completed activities and exploration plans moving into the winter season.Read full newsRead More
Juggernaut Exploration Ltd. is pleased to report the discovery of a strong new Volcanogenic Massive Sulfide (VMS) target on the Gold Crest property.Read full newsRead More
"Shefa enters a convertible loan agreement over the provision of US$200,000 with a shareholder of the company for working capital purposes and to fund the continued development of its Kishon Mid-Reach project.https://t.co/S7JMjgZvWz"Read full newsRead More
Nov 06, 2019 Guest(s): Cal Everett President, CEO & Director, Liberty Gold With gold prices at $1,500 an ounce and most junior exploration companies still not getting capital from investors, what's needed is not another gold price rally but a major exploration in North America to bring investors back into the space, this according to Cal Everett, CEO of Liberty Gold. "It usually takes a world-cl...Read More
On Wednesday, the Federal Reserve cut its key rate by another 0.25%, dragging it down to a range of 1.5-1.75%.And that really better do the trick, because Fed Chairman Jerome Powell signaled the central bank will now be taking a breather.Indeed, language from the Fed's statement that had previously stated the FOMC would "act as appropriate to sustain the expansion," was replaced by new language st...Read More
The three-month lead price on the London Metal Exchange was lower at the close of trading on Wednesday November 6, settling at its lowest level since early October, while tin's outright price was the only positive move over the day's trading.Lead's futures price on the LME closed at $2,115 per tonne in the afternoon, its lowest closing price since October 1, while turnover was moderate at just und...Read More
Following a month-long consultation period and several months of pre-consultation research, Fastmarkets will launch a fortnightly price assessment for non-exchange-deliverable equivalent-grade (EQ) copper cathode premiums/discounts starting from Tuesday November 19.The cif Europe and cif China price assessments will support Fastmarkets' current benchmarks in Grade A exchange-deliverable markets.De...Read More
* Barrick's five-year plan sees flat output * Shares rise 2% in Toronto * Dividend up 25% q-on-q (Updates with detail, quotes)By Arundhati Sarkar and Zandi ShabalalaBENGALURU/LONDON, Nov 6 (Reuters) - Barrick Gold Corpon Wednesday reported higher third-quarterprofits that beat analysts' estimates and raised its dividendwhile reiterating a five-year production plan.The world's second largest gold p...Read More
Discounts for full-plate nickel cathodes in China swung back into premiums in the week to Tuesday November 5 and a newly-opened arbitrage import window refreshed spot appetite for material in the region, while buyers in Europe and the United States remained firmly on the sidelines. Asian nickel once more traded at a premium while an open arbitrage window enlivened spot activity in the regionEurop...Read More
Bob Moriarty ArchivesNov 6, 2019I know of no sector in the resource space as hard to get a handle on as that of the Rare Earths or REOs, AKA REEs. In the last twenty years I have only come across one investor who actually understood which companies had red meat and which were pushing tofu. Since 321gold is a tofu free zone, I’ve been hesitant to even start writing about the sector.Months ago...Read More
The latest ferro-tungsten and ammonium paratungstate (APT) transactions, bids, offers and assessments in Europe, Vietnam and China, with blue tungsten oxide (BTO) and yellow tungsten oxide (YTO) deals taken into consideration.To view the latest price assessments, please follow the links below:China- APT 88.5% WO3 min, fob main ports China, $/mtu WO3Europe- APT 88.5% WO3 min Europe, cif Rotterdam d...Read More
Uncertainties surround the timing and location of the US and China signing a long-awaited "phase one" trade deal this year."Sentiment has cooled in global markets, but it undoubtedly remains positive," IG market analyst Kyle Rodda said this morning.He said the ASX was "something of a laggard" relative to global stock markets and 6,770-6,775 was the technical line-in-the-sand to watch, with a break...Read More
First Quantum has agreed to supply South Korean copper smelter LS Nikko with copper concentrates from its Cobre Panama project over a period of 15 years, sources with direct knowledge of the matter confirmed with Fastmarkets. The Canadian miner will ship 122,000 tonnes per year of copper concentrates from Cobre Panama to Korea under an offtake contract decided two years ago that was finally signed...Read More
CEO: "Dr. Shane Beattie is a Leader in Lithium-Ion Battery Development"Appointment Follows Testing of Graphite One Material by Major U.S. Multinational EV ManufacturerVancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announced today the appointment of Dr. Shane D. Beattie as its Chief Technology Officer ("CTO") effective immediately. Dr. Beatt...Read More
Keras' manganese project at Nayega in the west African country will start out shipping ore to smelter end users, but the company intends to produce manganese sulphate for the fertiliser and batteryRead More
Chinese refined copper demand will not grow next year, according to the industry's most prominent statistical body. Refined copper demand will remain flat at the 2019 level of 12.09 million tonnes, the International Wrought Copper Council (IWCC) forecast on Monday November 4. China is the world's largest user of copper, consuming 50% of global output, and any slowdown in demand for the...Read More
Maptek has more than 320 employees and generates more than A$100 million a year of sales. The 40-year-old business has enjoyed strong growth in the past three years on the back of its broad global customer base, and sales and support network, and new product releases.Peter Johnson told Mining Journal earlier this year: "Overall it's a very exciting time to be working in this space. We enjoy very p...Read More
The ASX-listed company (ORI) saw revenue growth across all its regions and divisions in the 12 months to the end of September this year, compared with the previous year. "Volumes are growing and our market-leading technology solutions are gaining traction with customers. Our growth drivers are starting to deliver," managing director Alberto Calderon said.Orica said it "anticipates higher earnings...Read More