A tailings dam at a Brazilian iron ore operation owned by local mining giant Vale (NYSE:VALE) burst Friday, releasing a river of sludge that covered nearby buildings and forced the evacuation of hundreds of locals.By Saturday morning, 34 bodies had been recovered, and the death toll was expected to rise sharply as rescuers continued searching for hundreds that are still missing.Vale reported the d...Read More
Canadian junior Explorex Resources (CSE:EX) (OTC:EXPXF) has placed its plans to buy the Hautalampi cobalt, nickel and copper project in eastern Finland on the back burner because it won't be able to secure the required funding in advance.The Vancouver-based miner, which in November said it intended to acquire the Finish asset, was supposed to pay the project's owner, FinnCobalt, around $1.9 milli...Read More
Canadian junior Explorex Resources (CSE:EX) (OTC:EXPXF) has placed its plans to buy the Hautalampi cobalt, nickel and copper project in eastern Finland on the back burner because it won't be able to secure the required funding in advance.The Vancouver-based miner, which in November said it intended to acquire the Finish asset, was supposed to pay the project's owner, FinnCobalt, around $1.9 milli...Read More
The electrification of cars and surge in renewables is driving a copper rush.Read full newsRead More
The electrification of cars and surge in renewables is driving a copper rush.Read full newsRead More
(Updates with closing prices, aluminium technicals)By Eric OnstadLONDON, Jan 25 (Reuters) - Zinc prices hit their highest inthree months on Friday on worries that weak refined output inChina could send the global market into deficit.Lead also hit a three-month peak after inventories dwindled,while the wider industrial metals market was boosted by asliding dollar."The big question in zinc is s...Read More
"@PalisadeRadio @bulldogholmes @USFunds @MineLifeReport @AlexMiningGuy @GoldspotD @renegadestyle @GH0ST_0P Frank Holmes 2018 VRIC top picks scoreboard (overall return -36.44%) - https://t.co/WAPvIeaF8U"Read full newsRead More
"@PalisadeRadio @bulldogholmes @USFunds @MineLifeReport @AlexMiningGuy @GoldspotD @renegadestyle @GH0ST_0P Frank Holmes 2018 VRIC top picks scoreboard (overall return -36.44%) - https://t.co/WAPvIeaF8U"Read full newsRead More
Gold could revisit the high of $1,286 hit earlier this week, as the repeated bounce from sub-$1,280 may have weakened the bearish view put forward by the contracting triangle breakdown. Hourly chart As seen above, sellers are struggling for a convincing break below $1,280. Further, the 14-hour RSI is showing a diamond breakout. Put simply, the indicator is possibly hinting it an impending b...Read More
German auto maker giant Volkswagen has just upped its bet on electric vehicles (EVs) by overhauling its Salzitter plant to focus on production processes for battery cells for the new generation of cars, which the company plans to also start producing soon.The Wolfsburg-based company said it would invest 870 million euros (about $985 million) by 2020 to develop e-vehicle components, adding that i...Read More
New Caledonia's SLN nickel company says this month's strike has created a serious situation for the already troubled business.Read full newsRead More
"CORRECTED-UPDATE 1-Barrick explores options for Zambian copper mine under pressure from taxes https://t.co/EEARxtyG3U"Read full newsRead More
China officially added gold to its reserves last month for the first time in two years and has been shrinking its holdings of US Treasuries. The Russians have also made similar moves.There have also been efforts to limit exposure to the US dollar by setting up alternative payments systems and financial channels that don't rely on the greenback.Gold offers countries some measure of independence...Read More
Who need stocks and bonds? A new study finds something even more valuable: LEGOs! They're more valuable than gold.Read full newsRead More
Who need stocks and bonds? A new study finds something even more valuable: LEGOs! They're more valuable than gold.Read full newsRead More
SD Friday Wrap: This rant has got it all, and it's GUARANTEED TO MAKE YOU MAD, so enter at your own risk...It sucks being early.And I'm always early.It's the story of my life: Always early, rarely wrong.It sucks because you get laughed at.It sucks because people look at you like you're from outer space.It sucks because people are oh-so-quick to slap the "conspiracy theorist" label on you.Case in p...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Thursday as prospects dimmed for a near-term resolution to U.S.-China trade talks following comments from the U.S. Commerce Secretary.Ford Motor Co. (F) rose 3.12% even after the automaker's adjusted fourth-quarter earnings missed estimates and it reported a loss of $116 million in the peri...Read More
GoldSeek Radio's Chris Waltzek talks to Bill Murphy of the Gold Anti-Trust Action Committee and La Metropole Cafe. (http://www.gata.org/ http://www.lemetropolecafe.com/)Please Note that the video is not included in this version, but will be in the future.Read More
The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling b...Read More
By: Ira EpsteinStrong US Dollar has taken gold and silver out of their respective uptrends:Read More