Scientists from Rice University, Argonne National Laboratory and Northwestern University discovered that when heated in a furnace and place on a gold surface, boron atoms dissolve into a bath of gold and when the materials cool down, they resurface in the form borophene.Borophene is the atom-flat form of boron.Illustration by Luqing Wang | Rice University.In a press release, the researchers explai...Read More
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"Precious Metals Weekly Round-Up: Gold Takes a Tumble, the US Dollar Regained Momentum and Equities Became Stronger. https://t.co/uesKnfk3Sb #preciousmetals #gold #investing"Read full newsRead More
Non-profit organization Geoscience BC is planning a new airborne survey to help identify mineral potential on northern Vancouver Island, in the western Canadian province of British Columbia.According to the NGO, every time its team runs projects like this one, new investment comes into the region at hand as the data is used to inform mineral exploration and development decisions by the mining sect...Read More
Polish miner KGHM and a union representing workers at its Sierra Gorda copper mine in Chile have come to an agreement over contract talks, the head of the union told Reuters, heading off the threat of a strike.Maykel Ocayo, president of Sierra Gorda's 520-member Union 1, told Reuters in a message that workers had voted on Saturday in favour of accepting an offer from the company with a roughly two...Read More
The major silver miners have rallied higher on balance in recent months, enjoying a young upleg. That's a welcome change after they suffered a miserable 2018. Times are tough for silver miners, since silver's prices have languished near extreme lows relative to gold. That has forced many traditional silver miners to increasingly diversify into gold. The major silver miners' recently-released Q4'18...Read More
Vancouver's Teck Resources and Japanese partner Sumitomo Metal Mining and Sumitomo Corp. have closed their $1.2-billion transaction giving Sumitomo a 30% indirect interest in the Quebrada Blanca copper project.The Quebrada Blanca property is 240 km southeast of Iquique at an elevation of 4,400 metres.Teck received the final permit to go forward with a $4.7-billion expansion at the mine and mill in...Read More
Gold has been asleep at the wheel for seven or eight years.Even its most ardent supporters are questioning their allegiance. I've talked to brokers who've gotten out of the space entirely. The cannabis commissions are easier, more plentiful, and the stocks have actually been going up.There's really been no reason for anyone to pay attention to gold after it did its thing post-2008. Free money from...Read More
The former Nanticoke Generating Station site, located on the northern shore of Lake Erie, has been transformed into a 44-megawatt clean energy facility that hosts 192,431 solar panels across 260 acres.The project has just been completed by PCL Construction, a company that was commissioned to design, engineer and build it, as well as supply the photovoltaic solar panels and racking system. Behind t...Read More
ArcWest Exploration (TSXV: AWX) closed today the 100% acquisition of the Sparrowhawk property near Smithers, in the western Canadian province of British Columbia.In a press release, the Vancouver-based miner explained that it decided to go ahead with the purchase because the property is adjacent to two significant porphyry copper-gold deposits, including Glencore Canada's Bell and Granisle mines a...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) will sell a portfolio of 18 royalties on assets not owned by Alamos to Metalla Royalty and Streaming (TSXV: MTA; MTAFF) for $8 million in Metalla shares.The portfolio includes a 2% net smelter returns royalty (NSR) on Agnico Eagle Mine's El Realito gold deposit, adjacent to its La India mine in Sonora, Mexico, plus 1.5% and 1% NSRs on Monarch Gold's Wasamac gold p...Read More
Vancouver-based UEX Corporation has shared the third set of assays from the winter drill program at its West Bear cobalt-nickel property in the eastern part of the Athabasca Basin.The company said that 14 of the 20 assays exceeded the cobalt equivalent grade of 0.023% or more.Highlights from the results include hole WBC-063, which intersected 4.5 metres averaging 0.11% cobalt and 0.49% nickel from...Read More
The major silver miners have rallied higher on balance in recent months, enjoying a young upleg. That's a welcome change after they suffered a miserable 2018. Times are tough for silver miners, since silver's prices have languished near extreme lows relative to gold. That has forced many traditional silver miners to increasingly diversify into gold. The major silver miners' recently-released Q4'18...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed higher Monday following news of a surge in China's manufacturing output and signs of progress in the U.S.-China trade talks. Shares of Lyft (LYFT declined sharply on the ride-sharing company's second full day of trading on the Nasdaq, after its massive IPO last week. Amazon.com (A...Read More
Peninsula Energy Ltd (ASX:PEN) has achieved successful outcomes from the mining phase of a low pH uranium production field demonstration at its Lance Projects in the US state of Wyoming.A key objective of the mining phase was to lower the local mining zone pH to the targeted level of around 2.0 standard units (SU) without compromising the ability to move lixiviant through the mining zone.This tech...Read More
Base metals prices on the London Metal Exchange were predominantly higher at the close of trading on Monday April 1, supported by strength in both the Chinese and United States' manufacturing data despite continued market concerns over the health of the global economy. Despite reported strength from the manufacturing sector, US retail sales were weaker than expected in February at -0.4%, down from...Read More
The US copper price built on Friday's momentum with the base metals complex receiving a boost from strong Chinese manufacturing data on Monday April 1.The copper price for May settlement on the Comex division of the New York Mercantile Exchange rose by 1.25 cents to $2.9520 per lb. Overnight, the Chinese official manufacturing purchasing managers' index (PMI) rose to 50.5 in March, beating the exp...Read More
"The reason nobody really knows what caused the financial crisis is that no one asked Ben Bernanke, Chairman of the Federal Reserve at the time, or Hank Paulson, the Treasury Secretary at the time, exactly why they were lying about why those banks supposedly needed a bailout" - John Titus, "The $1 Trillion Devil in the DetailsMany people believe what happened in 2008 is settled history. Or, they j...Read More
Copper concentrate treatment and refining charges (TC/RCs) for Asia Pacific continued to drop in the second half of March in the absence of Las Bambas output, while Chinese smelters are prepared to accept significantly lower spot TCs for the second quarter this year. Fastmarkets' spot copper concentrate index for Asia Pacific was calculated at $66.7 per tonne/ 6.67 cents per lb on March 25, d...Read More
Beowulf said on Monday it would double its holding in the company to 31.3% and raise £750,000 at 5.5p, a 21% discount to the previous closing price.The announcement sent its share price down 14% to 6p.CEO Kurt Budge said the capital raise was needed to keep the company's diversification plan going as it struggles to get a licence for its iron ore project in Sweden."Given the current adverse...Read More