Ascot Resources and IDM Mining say the merger will create aRead full newsRead More
This is the 3rd video in a series of 4 that concludes in a trend forecast for the Silver price 2019. Silver Price Trend Forecast 2018 ReviewGold - Silver RatioSilver Price Trend Analysis 2019Silver Price Trend Forecast Conclusion for 2019 The whole of this analysis was first been made available to Patrons who support my work.So for immediate First Access to ALL of my analysis and trend forecasts (...Read More
"Bloomberg out with a bullish take on 2019 metals price performance. "Our analysis of demand : supply for copper, ali, #nickel & zinc show the ratio improving above par & for the longest period in the database since 1995." https://t.co/Ydx235Vca0"Read full newsRead More
Dozens of massacres and a sprawling organized crime structure are behind a recent alliance between the governments of Venezuela and Turkey to extract, refine and market the "blood gold" that leaves the Amazon and supplies cross-border illegal economies. During a recent visit to Venezuela, President Recep Tayyip Erdogan ratified the leading role of Turkey in ...Read full newsRead More
Kirkland Lake Gold (TSX: KL; NYSE; KL) has drilled high grade and visible gold mineralization on the down plunge extensions of the Swan zone at its Fosterville gold mine in Victoria, Australia.The company says results from 47 new drill holes, totaling more than 17,000 metres of underground drilling outside the current measured and indicated Swan resource, are confirming its geological model. It h...Read More
"New British Columbia Geological Survey report highlighting the crucial role played by the BC mining industry in a low-carbon economy. FPX's Decar #nickel project highlighted in this handy map of BC mines/projects https://t.co/DRT1H0MJgB"Read full newsRead More
BUTTE, Mont. (AP) - One man's trash is another man's gold.Read full newsRead More
"FPX Chairman Peter Bradshaw has received the @AME_BC 2018 Gold Pan Award for exceptional meritorious service to mineral exploration.Read full newsRead More
"Philippines #nickel production will fall to 215kt in 2018 from 370kt in 2017. In 2019, nickel output will fall to 150kt.https://t.co/W3P9vqTHxj"Read full newsRead More
"Vale reduces 2019 #nickel production guidance and announces investments to sustain its Sudbury and New Caledoniaoperations https://t.co/jdgEeJ8mYY"Read full newsRead More
Delrey Metals (CNSX: DLRY) has acquired two B.C. vanadium projects by issuing 5.5 million shares to BC Vanadium, a private company.The Star and Porcher vanadium properties cover a combined 67.4 sq. km in northwest B.C., near the small logging community of Oona River on Porcher Island. The properties host iron-titanium-vanadium mineralization in titaniferous magnetite. Historic samples from the pro...Read More
Despite its best efforts, the "most likely scenario" is that in 2021, mining operations will cease in Flin Flon, Man., an internal memo to employees at Hudbay Minerals (TSX: HBM; NYSE: HBM) says.While the company has extended the life of its 777 mine from 2019 to 2021, the memo notes, its efforts to find new sources of ore from 777 "did not turn out as we hoped."That means that the Flin Flon mill...Read More
Assays from holes drilled into the southwestern part of the Marathon deposit intersected intervals of high-grade gold over wide intervals at open-pit depths, Marathon Gold Corp. (TSX: MOZ) reports.Highlights include 17.39 grams gold over 5 metres from 213 metres downhole including 1.9 metres of 42.76 grams gold in drill hole MA-18-343, and 19.63 grams gold over 2.3 metres from 67 metres downhole,...Read More
Shallow infill and step-out drilling - 250 metres south of the main deposit at Liberty Gold's (TSX: LGD) flagship Goldstrike project in Utah - suggests that oxide gold-bearing feeder structures follow multiple orientations that cross-cut the main deposit trend, the company says.Exploration results from the Peg Leg area at the past-producing mine also indicate that the zone has starter-pit potentia...Read More
By Steve St. AngeloWhile the debate on the dynamics of the gold market continues, at least the top gold miners production cost provides us with a floor price. Or rather, a basic minimum price level. I get a good laugh when I read analysts suggesting that the gold price will fall back to $450-$700. For the gold price to fall back to $450, then we would need to lose 95+% of global gold mine...Read More
"First Glencore, now Norilsk calling into question recent estimates on Indonesian HPAL #nickel plants. New report an absolute must-read for all market participants (scroll to bottom) https://t.co/NP2KMmxRqL"Read full newsRead More
"Macquarie and @woodmackenzie skeptics on cost and pace of new HPAL builds in Indonesia. Doubts cast on plans for deluge of new #nickel supply https://t.co/o1xAMTRkD7"Read full newsRead More
* LME Zinc price, spreads and stocksLONDON - The London zinc market is experiencing unprecedented tightness this week.As of Monday's close, the London Metal Exchange's (LME) benchmark cash-to-three-months spread CMZN0-3 was valued at a backwardation of $97 per tonne.The cash premium is now higher than the last spike in October 2017 with the only historical comparison the years 2006-2007, when LME...Read More
IDM Mining (TSXV: IDM; US-OTC: IDMMF) has added a third underground drill at its Red Mountain underground gold-silver project, east of Stewart, British Columbia. The company has increased its drill program by 5,400 metres; it will now drill 13,000 metres across 54 holes.With its 2018 drilling, the company is testing various zones at Red Mountain including the northern and western extensions of the...Read More
QUEBEC - They don't call it "Windfall" Lake for nothing. The latest windfall from the property was made by Osisko Mining of Toronto. Drilling returned 83.9 g/t gold over 5.3 metres - an almost unheard of length for such a high grade.And that's not all. The same hole, OSK-W-18-1731 in the Lynx zone, also returned 89.3 g/t gold over 2.4 metres.Other holes were almost as promising: OSK-W-18-1728-W1 r...Read More