Three-month base metals prices on the London Metal Exchange were mixed this morning, Wednesday March 13, with copper, aluminium, nickel and zinc down by an average of 0.2%, while lead was up by 0.6% and tin was little changed. Three-month copper was recently quoted at $6,451 per tonne, off by 0.3% compared with Tuesday's close at $6,468 per tonne.Volume was slightly below average with 6,482 lots t...Read More

It turns out retirement is a relatively new concept. Consider these numbers from The Evolution of Retirement by Dora L. Costa:In 1880, over 75% of men over 64 remained in the workforce.By 1900, that number had dropped to about 65%.By 1950, just 47% of men over 64 continued to work.By 1998, fewer than 20% of men over 64 were in the labor force.You see, retirement wasn’t always considered desi...Read More

Comprehensive surface geochemical surveys, combined with previous and additional geophysics, and scout drilling, identifies several new target opportunities and provides additional definition on previously identified target opportunitiesELKO, Nevada, March 13, 2019 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, today is pleased to announce the completi...Read More

Key data from the Wednesday March 13 pricing session in Europe. Key drivers  The recent rally in the European ferro-titanium price shows no sign of ending, with buying inquiries reported from within Europe and beyond, such as the United States. Renewed consumer demand for second-quarter delivery settlements has combined with short covering for both prompt and longer term demand amid a potenti...Read More

“Dad, I got a raise!”I’ll never forget the look in my son’s eyes when he came home from Dunkin Donuts that evening. He was proud of himself, confident, and looking forward to having a bit more spending money in his pocket.David is a hard working young man. At his first job, he was willing to get up at the crack of dawn to help open the store, even on Saturday when most of h...Read More

Import prices for stainless steel in East Asia softened over the past week due to a slowdown in trading activity, amid thin buying interest and a weakening nickel market.Fastmarkets MB's weekly import price assessment for benchmark 304 stainless 2mm trimmed cold-rolled coil in East Asia was $2,050-2,150 per tonne cif on Wednesday March 13, widening downward by $10 per tonne from $2,060-2,150 per t...Read More

The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday March 13:Aluminium scrapCommercial pure cuttings: ?970-1,000 per tonne from ?980-1,020Aluminium ingotLM24 pressure diecasting ingot: ?1,360-1,410 per tonne...Read More

Canadian Prime Minister Justin Trudeau made a visit to the annual convention of the Prospectors & Developers Association of Canada (PDAC) in Toronto on March 5, 2019, for a sit-in interview conducted by outgoing PDAC president Glenn Mullan.Below is a full transcript of the 20-minute interview, edited for clarity. Topics that Trudeau and Mullan discussed included technological innovation, sustainab...Read More

Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) has unveiled a preliminary economic assessment (PEA) for its Ivana uranium-vanadium deposit at its 100%-owned Amarillo Grande project in Rio Negro, Argentina highlighted by low operating costs."For the last three months we've been busy finalizing our PEA," Blue Sky president and CEO Niko Cacos says in an interview with The Northern Miner. "It's a very po...Read More

After riding out a decade of political and market instability, Ecuador-focused junior Salazar Resources (TSXV: SRL) has emerged with funds and a new focus to explore its portfolio of early-stage projects in the country.The company is helmed by Fredy Salazar, an Ecuadorian geologist with more than 30 years of experience, including a stint working for Newmont Mining (NYSE: NEM) in the country. Over...Read More

Canada's federal government used the opportunity of the annual convention of the Prospectors & Developers Association of Canada in Toronto in early March to unveil its 44-page Canadian Minerals and Metals Plan (CMMP), which is intended to guide federal and provincial mining policy in the years ahead.In some ways, the CMMP follows in the steps of the Whitehorse Mining Initiative, which was signed i...Read More

Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) has added measured and indicated ounces at its Touquoy, FMS and Cochrane Hill gold projects with results from its 2018 drill campaign.The company added 88,000 oz. gold at Touquoy which, net of mine depleting, represents a 17% increase. The deposit now contains 11.3 million measured and indicated tonnes grading 1.23 grams gold for 445,000 oz. gold.It boosted...Read More

Imperial Metals ' (TSX: III) deal with Newcrest Mining (ASX: NCM) to sell a 70% stake in its Red Chris mine in British Columbia averts a "liquidity crunch" for the Vancouver-based company and will improve execution at the mine, CIBC says.The transaction prompted the bank to upgrade Imperial Metals to a neutral rating from underperformer and lift its 12-18 month target price on the stock from 60 ?...Read More

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesI have, of late, received a few barbs...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsPresident and CEO Michael McPhie said with the increased interest in copper and other metals used in sustainable energy sources, the company believed Manto Negro stood out "as a unique opportunity to create value" for shareholders."The company is also considering options for the future of the...Read More

Toronto's Hudbay Minerals has reached an agreement with United Copper and Moly to buy out UCM's 7.95% interest in the Rosemont copper project 50 km southeast of Tucson. The purchase includes termination of all UCM's remaining earn-in and offtake rights.The price of the deal is $45 million in cash now plus three annual installments of $10 million beginning on July 1, 2022.The arrangement simplifies...Read More

Atlantic Gold has added measured and indicated ounces at its Touquoy, FMS and Cochrane Hill gold projects with results from its 2018 drill campaign.The company added 88,000 oz. gold at Touquoy which, net of mine depleting, represents a 17% increase. The deposit now contains 11.3 million measured and indicated tonnes grading 1.23 grams gold for 445,000 oz. gold.It boosted its FMS project 47% to 676...Read More

Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.Among the reports key findings are that sustainability pressure turns into competitive advantage. After stakeholder p...Read More

Can mining be green?That's certainly the ambition of some of the biggest companies in the sector. Rio Tinto Group last year became the first major miner to stop digging up coal altogether. Glencore Plc, historically one of the commodity's most vocal boosters, has promised to cap production at current levels."We have a portfolio free of coal and oil and gas," Rio's Chief Executive Officer Jean-Seba...Read More

The World Gold Council has issued quite a few interesting papers recently. In this edition of the Gold News Monitor, we discuss the most provocative ones. Such as the money worthiness of gold compared to Bitcoin. Or the ongoing gold repatriation trend as Romania recently joined the fray. What kind of learnings can the precious metals investors draw here?Cryptocurrencies Are No Substitute for GoldI...Read More