Toronto's Anaconda Mining has boosted its management team with the appointment of Kevin Bullock as CEO. With more than 30 years of capital markets and senior mining experience, he was a founder of Volta Resources. Dustin Angelo will retain the title of company president.Champion Iron of Montreal has named David Cataford its CEO. He joined the company in 2014 as VP engineering and was named COO in...Read More

Apr 04, 2019 Guest(s): Keith Neumeyer A major bid, most likely from central banks, is coming onto the market for gold and is affecting silver in a positive way, said Keith Neumeyer, CEO of First Majestic Silver. "I want to see silver really break through $17.50 to $18.00 [an ounce]. I think that's kind of the key number. We did test that level in early 2018 and it failed and it got all the way...Read More

Not-so-good news about higher costs and capex estimates in an updated prefeasibility study this week for Alacer Gold Corp.'s (TSX: ASR; ASX: AQG) Gediktepe project in Turkey were partly offset by good news of a 117% jump in the project's indicated resource.Gediktepe's Ardich deposit is about six km northeast of Alacer's 80%-owned ????pler open-pit mine and is the company's highest priority develop...Read More

New assays from four holes Anaconda Mining (TSX: ANX) drilled as part of its metallurgical drill program at its Goldboro gold project in Nova Scotia confirm the continuity of several high grade zones over as much as 40 metres.The drilling focused on the project's EG gold system. Highlights from the program include 42.85 grams gold over 3.8 metres from 66 metres downhole including 316.76 grams gold...Read More

 There's a time for gold stocks to rally... and a time for consolidation and retracement. Please click here now. We have joy, we have fun, we have gold price seasonality in the sun?To view seasonality on the daily gold chart, please click here now. Double-click to enlarge.The COMEX price of gold is determined mainly by commercial bank traders and hedge funds reacting to physical market supply...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finishes up Thursday after White House economic adviser Larry Kudlow said "good headway" had been made in trade talks between the U.S. and China. Tesla  (TSLA - Get Report)  fell sharply after the electric carmaker reported disappointing first-quarter deliveries. Constellation Brands (STZ - Get...Read More

Antofagasta Minerals, a subsidiary of London-headquartered Antofagasta plc, has secured $1.3 billion in financing for the expansion of its Los Pelambres refined copper unit, 300km north of Santiago in Chile.Antofagasta Minerals aims to increase its annual copper concentrate production at the unit by 40,000 tonnes during the first year of operations, ramping up to an extra 70,000 tonnes p...Read More

Base metals prices on the London Metal Exchange were lower across the board at the close of trading on Thursday April 4, with an uptick in the dollar index capping upward moves while a marginal uptick in LME stocks this morning also provided a headwind to price action. The dollar index reached a high of 97.34 over the day's trading, spurring unfavorable conditions for commodity investment. The ind...Read More

Comex copper prices failed to hold onto Wednesday's increase with a stronger US dollar weighing on the base metals complex on Thursday April 4. The copper price for May settlement on the Comex division of the New York Mercantile Exchange dipped 3.85 cents to $2.9100 per lb. Hopes of an imminent trade deal between the United States and China boosted sentiment across commodities markets, including t...Read More

"At the exact time that the one asset is supposed to defend against reckless Fed monetary policies should be going higher, it's going the opposite way...and you're telling me this isnt' a manipulated market?"The current period reminds of 2008. The price of gold was overtly manipulated lower ahead of the de facto collapse of the financial system. It's highly probable the Central Banks are once...Read More

Manganese ore exports from South Africa increased by 14% year on year to reach a record 1.61 million tonnes in March, shipping data shows.The total also represents a 13% increase compared with February 2019. The vast bulk of material went to China, which accepted just over 1 million tonnes, also a 14% year-on-year increase and an 11% month-on-month...Read More

Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company"), announces that it intends to complete a non-brokered private placement offering (the "Offering") to raise gross proceeds of up to CA$2,000,000.The Corporation plans to issue up to 6.67 million units (the "Units") at a price of CA$0.30 per Unit. Each Unit consists of one common share and one tra...Read More

Fastmarkets is extending the consultation period for its proposal to revise the frequency and specification of its copper concentrate treatment & refining charges (TC/RC) index until April 19.With regard to the frequency, responses to the original consultation agreed that the market is in need of a weekly index.In terms of the specification, the consultation on the base and range of concentra...Read More

Rainbow is in production but struggling, and Mkango is funded through the bankable feasibility study stage but will only own 25% of its main project if all goes well.Read More

Metals traders in Switzerland are feeling the brunt of a pullback from trade financing activities by banker Credit Suisse, after a 2018 deal turned sour and left the bank less keen to be exposed to the high-risk, low-margin commodities business.The Zurich-based bank is a principal supplier of financing to Switzerland's commodities trading community, from crude oil to copper concentrates to alumini...Read More

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With the annual Minor Metals Trade Association (MMTA) conference kicking off on Tuesday April 9 in Edinburgh, Scotland, Fastmarkets looks at the price moves in the minor metals complex since last year's conference. There is a general bearish mood in the minor metals complex heading into the conference this year in contrast to last year's multi-year highs set in most of the markets. Most of the min...Read More

Cobalt market participants have been keeping an eye out for potential non-industrial buying, such as stockpiling from China's State Reserve Bureau (SRB), since global metal prices slid to two-year lows at the beginning of this year.A spotlight has been cast on the Chinese bureau ever since it carried out extensive research into major Chinese producers' products and output in the first quarter of t...Read More

Participants in the long steel market in the European Union were hoping for price stability through April after recent sluggish demand and cautious buying activity, sources within the sector told Fastmarkets this week."The Spanish market is weak in price terms but consumption is improving," one trader said. "European mills have been more aggressive [in terms of price] so there has not been much im...Read More

(Updates with closing prices)By Peter HobsonLONDON, April 4 (Reuters) - Copper prices fell on Thursdayas weak German factory data underlined concerns about theoutlook for demand and a big inflow of metal into London MetalExchange (LME) warehouses suggested supply was adequate.Other industrial metals also slipped despite positivesignals from U.S.-China trade talks. Benchmark copper on the LME close...Read More