The Association for Mineral Exploration opened up its Remote Roundup - its first virtual conference in the event's 38-year history - with special guest speakers that included a keynote talk from Robert Friedland, founder and executive co-chairman of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF).Speaking from Singapore, where the mining entrepreneur (and previously frequent traveller) noted he has been "...Read More
Roxgold (TSX: ROXG; US-OTC: ROGFF) has released assay results for reverse circulation and diamond tail drilling completed at the Koula deposit within its Seguela development project in C??te d'Ivoire.The drill highlights included 14 metres of 42.9 grams gold per tonne starting at 61 metres; 11 metres of 46.2 grams gold per tonne from 48 metres; and 18 metres of 22.1 grams gold per tonne from 175 m...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineThe game of "re-branding and re-shipping" Australian coal was revealed in an almost casual remar...Read More
Following the announcement last month of the sale of Premier Gold Mines (TSX: PG) to Equinox Gold (TSX: EQX; NYSE-AM: EQX), Premier has released an updated preliminary economic assessment for its McCoy-Cove property in Nevada. The past-producing asset will be part of i-80 Gold, a U.S.-focused spin-out with shares of this new company distributed to Premier's existing shareholders.The latest PEA sug...Read More
China's domestic prices for steel scrap surged last week amid replenishment by steel mills and a tightening supply of raw materials. Fastmarkets' assessment for steel scrap heavy scrap domestic, delivered mill China was at 3,230-3,240 yuan ($498-500) per tonne on Friday, up by 110-230 yuan per tonne from 3,000-3,130 yuan per tonne a week earlier. Steel mills actively bought scrap in the past coupl...Read More
The next three to six months will be crucial to the future of the vast Oyu Tolgoi copper-gold mine in Mongolia, as the companies behind the operation engage in talks to find a way to improve the government's financial benefits from an ongoing underground expansion.Based on a definitive estimate for the development of the new mine level, announced by Rio Tinto (LSE: RIO; NYSE: RIO; ASX: RIO) last m...Read More
Twelve miners trapped in an underground mine still alive, but fate of ten others unclear.Read full newsRead More
BMO believes copper prices are running out of steam, but Jefferies disagreesRead full newsRead More
Rover Metals Corp. is pleased to announce that it is meeting allRead full newsRead More
TSXV:NRG ) Newrange Gold Corp. is pleased to provide the followinRead full newsRead More
Blue Star Gold Corp. is pleased to announce that Mr. Darren LindsRead full newsRead More
Joe Biden is set to be inaugurated tomorrow. What does this mean for investors?Well, for one thing, more stimulus. Additionally, interest rates are expected to stay at all-time lows for some time. All the debt that has fueled the stimulus packages of this past year will need to be paid back. Furthermore, expectations of additional extreme levels of stimulus on the horizon make the case that low in...Read More
Here are five Fastmarkets stories you might have missed on Tuesday January 19 that are worth another look.Rabobank will close its commodity trade finance desks in London, Shanghai and Sydney after reviewing the embattled sector last summer.Brazilian flat steel distributors...Read More
A summary of base metals premiums from across the globe for the week to Tuesday January 19.Please click...Read More
The London Metal Exchange and its clearing house are revisiting a proposal to transition to a different way of calculating its clearing methodology. The exchange announced its discussion paper on the topic on Tuesday January 19. The last attempt was made in 2017 and was rejected by LME members because it would make the provision of credit lines expensive and result in the rapid withdrawal of...Read More
Bob Moriarty ArchivesJan 19, 2021Sterling Metals used to be Latin American Minerals with an interesting gold project with excellent numbers in Paraguay. After LAT spent millions of dollars advancing the project in the landlocked South American country, the locals decided they should get the benefit, not Latin American. So in September of 2018the company pretty much gave away the project. Actually...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 19, 2021 Should precious metals investors diversify into other market sectors, like stocks, bonds, and real estate? There’s no simple answer to this question, but generally speaking, an investor who is patient and buys the major support zones for gold will tend to do well with ot...Read More
A summary of base metals premiums from across the globe for the week to Tuesday January 19.Please click...Read More
An overview of the chrome ore and alloy markets on Tuesday January 19 and their latest price moves.China The upward momentum in Chinese domestic spot ferro-chrome prices continued after many smelters in Inner Mongolia downsized their operations, pushing the market to a two-and-half-year high.In response to supply tightness, the imported charge chrome market also soared, with buyers scrambling...Read More
In London, the FTSE 100 closed slightly lower and market futures were mixed.Metals and mining stocks gained in Toronto, where rising investor interest in battery mineral equities continues.Graphite One Inc (TSXV: GPH) jumped 42.3% as it announced the US government had designated its Graphite Creek flake project in Alaska a high-priority infrastructure project.The company is advancing towards...Read More