Cobalt hit a fresh 10-year high on Thursday as the Democratic Republic of Congo government continued to make noises about deeming the battery raw material 'strategic'.Staff reporterChina Moly and its Tenke Fungurume copper-cobalt mine is one of the mine's likely to be hit by the DRC mining code changesChina Moly16 MARCH 201816/03/2018commentsshareThe LME cash price rose to US$87,250 per tonne...Read More
(Bloomberg) - The news, when it came late Friday night from a government ministry in Minsk, was grim: the ceiling of a potash mine in Belarus had collapsed more than half a kilometer underground, trapping two workers.Halfway around the world, the reaction to the headlines was swift and dramatic. Shares of some of the largest potash producers soared in New York and Toronto on speculation that the...Read More
The latest news and price moves to start the Asian day on Wednesday March 14.Lead was the strongest performer on the London Metal Exchange on Tuesday March 13, closing 2.2% higher at the 5pm close. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Early starts to the multitude of labor negotiations due at Chilean copper mines this year could mitigate the r...Read More
Ontario is helping to enhance attractions in Schreiber and Terrace Bay to attract more tourists and boost the local economies.In Terrace Bay, the province, through the Northern Ontario Heritage Fund Corporation (NOHFC), will help the municipality create a waterfront staging area that will promote access to Lake Superior, Slate Islands Provincial Park and the Trans-Canada Water Trail. This includes...Read More
• Jumps to fresh multi-day tops on fresh USD selling. • The bullish move runs out of steam on fading safe-haven demand. Having dropped to an intraday low level of $1313, gold caught some strong bids and surged to multi-day tops during the early NA session. A fresh wave of US Dollar selling emerged following the release of latest US inflation figures a...Read More
MONTR??AL, QU??BEC-(Marketwired - March 8, 2018) - Osisko Gold Royalties Ltd ("Osisko") (TSX:OR)(NYSE:OR) is pleased to announce that it has signed a term sheet (the "Term Sheet") with Victoria Gold Corp. ("Victoria") to acquire a 5% net smelter return ("NSR") royalty (the "Royalty") for C$98 million (the "Royalty Purchase") on the Dublin Gulch property (the "Property") which hosts the Eagle Gold...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Who Needs Drill Rigs When Roadwork Reveals MineralizationSource: Streetwise Reports March 1, 2018 (Investorideas.com Newswire) Road repairs exposed significant new mineralization at surface at a copper-gold project in Argentina that one analyst has called o...Read More
Commander Resources (TSX-V: CMD) announced today that Fjordland Exploration (TSX.V: FEX) will fund a $1.2 million exploration program on the company's South Voisey's Bay nickel-copper-cobalt project, located in northeastern Canada.The 29,400-hectare property is located in central Labrador, 80 kilometres south of Vale's Voisey's Bay Nickel mine. It covers parts of the Pants Lake Gabbro Complex.In a...Read More
After spending almost an entire day at underground refuge stations, 55 workers at The Mosaic Company's (NYSE:MOS) K2 potash facility in Saskatchewan made it safely to surface. Following a small underground fire, the workers were asked to stay at the safe spaces where they had access to drinking water and food items. In the meantime, staff just outside of the mine were running air monitoring tests....Read More
U.S. President Donald Trump has spoken to world leaders about his planned tariff hike on steel and aluminum and is not considering any exemptions to the measure, Commerce Secretary Wilbur Ross said on Sunday."I know he's had conversations with a number of the world leaders," Ross said in an interview with ABC's "This Week.""The decision obviously is his, but as of the moment as far as I know he's...Read More
By Frank HolmesDisney's Black Panther is in theaters right now, breaking all kinds of box office records and wowing audiences. The film features a fictional, highly-advanced African country known as Wakanda, whose vast wealth and prosperity are derived almost exclusively from the mining of a rare, fantastical metal called vibranium.In its own colorful way, Black Panther does an excellent job dra...Read More
TSX: IVNwww.ivanhoemines.com Mr. Robert Friedland reports:Kakula now contains Indicated Mineral Resources of 174 million tonnes at 5.62% copper, plus additional Inferred Mineral Resources of 9 million tonnes at 3.66% copper, at a 3% cut-off.At a 1% cut-off, Kakula's Indicated Mineral Resources have increased by 58%, now totalling 585 million tonnes at 2.92% copper.Kakula's strike length now e...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Genesis Metals Continues to Prove Up Chevrier Mineralization; Further Drilling About to StartSource: Critical Investor for Streetwise Reports February 27, 2018 (Investorideas.com Newswire) The Critical Investor provides an update on this company's new geolo...Read More
Strengths ? The best performing metal this week was palladium, up 0.11 percent as hedge funds boosted their net bullish in the metal. Gold traders are split between bullish and bearish on the yellow metal after the U.S. dollar rose this week. In the prior week traders were bullish and positive sentiment sent $529 million into the VanEck Gold Miners ETF. ? According...Read More
Institute for Supply Management says tariffs a 'big mistake'Markets also digest Fed Chairman Powell's Senate testimonySebastien Page, head of asset allocation at T. Rowe Price, says "we're entering a period of turbulence."U.S. stocks plunged and Treasuries climbed Thursday after U.S. President Donald Trump promised to impose substantial tariffs on foreign metals, drawing a rebuke from a manufactur...Read More
Adam HamiltonArchivesFeb 23, 2018 Gold is faring quite well today technically, though you sure wouldn't know it from the rampant bearish sentiment. Gold's price is in a strong uptrend over a year old, high in both its current upleg and young bull market. Gold isn't far from breaking out to its best levels since September 2013, a really big deal. The stock markets even finally sold off after years...Read More
(IDEX Online) - Sales of fine jewelry and fine watches rose by 8.8 percent in the U.S. market in December 2017, when compared to the same month a year ago, as the graph below illustrates. Sales were an estimated $18.1 billion, according to preliminary data from the U.S. Commerce Department as the holiday season came to a climax. Strong 2017 Jewelry Sales Results Alth...Read More
As a general rule, the most successful man in life is the man who has the best informationThe global economy is booming again after years in the doldrums, commodities are back in a big way, and metals prices are for the most part, way up. In our last article showing how commodities are the place to be in 2018, we looked at five drivers: inflation, the low dollar, economic growth, the relative...Read More
*This speech was delivered at the Vancouver Resource Investment Conference on January 21-22, 2018Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking...Read More
commodities chartsMCX Comodities charts and detail :Free Commodities Charts, Quotes, Commodities Analysis & Commentary for Futures and Options Traders.The term commodity is specifically used for an economic good or service when the demand for it has no qualitative differentiation across a market.[3] In other words, a commodity good or service has full or partial but substantial fungibility; th...Read More