Vancouver-based Silver Range Resources (TSX-V:SNG) announced today that it has optioned its Gold Chief property in Nevada to CrocanCapital Corp.Crocan is interested in acquiring a 100% interest in the project. To do so, the firm would have to provide aggregate cash payments of $160,000 and aggregate issuances of 650,000 Crocan shares by November 2, 2021.Under the terms of the agreement, Silver Ran...Read More
Mr. Ralph Shearing reportsTELSON RETAINS GLENCORE TECHNOLOGY FOR ALBION PROCESS TESTINGTelson Mining Corp. has retained Glencore Technology to conduct Albion Process leach testing of newly processed flotation tailings and historic tailings to increase recoveries of gold and silver, plus zinc flotation testing focused on Jameson Cell technologyto increase zinc recoveries and zinc concentrate grade...Read More
Mr. Ralph Shearing reportsTELSON RETAINS GLENCORE TECHNOLOGY FOR ALBION PROCESS TESTINGTelson Mining Corp. has retained Glencore Technology to conduct Albion Process leach testing of newly processed flotation tailings and historic tailings to increase recoveries of gold and silver, plus zinc flotation testing focused on Jameson Cell technologyto increase zinc recoveries and zinc concentrate grade...Read More
Vancouver-based Zinc One Resources (TSXV: Z) announced today that following a drill program at unreported holes in the Mina Grande Centro zone of the Bongar?? Zinc Mine in north-central Peru, the northern and western perimeters of mineralization previously mined were delineated.In a statement, Zinc One said 24.1% zinc was intercepted over a length of 28 metres.Mina Grande Centro is part of one of...Read More
* LME zinc stocks at lowest in a decade * Shanghai zinc stocks near decade lows* Aluminium hits lowest since last August (Adds closing prices, details)By Maytaal AngelLONDON, Nov 15 (Reuters) - Zinc rallied on Thursday,supported by sliding stockpiles and signs China may be takingsteps to de-escalate its trade dispute with the United States.London Metal Exchange (LME) zinc stocks fellto a decade lo...Read More
* Silver moves up from multi-year lows of previous session * Further gains likely if gold holds above $1,210 - analyst (Updates prices and adds comments)By Sumita LayekBENGALURU, Nov 15 (Reuters) - Gold held steady on Thursdayas opposition within Britain's Conservative Party to a draft EUexit deal hit sterling and lifted the dollar,making bullion less attractive for holders of other currencies.Spo...Read More
Gold hit lows in mid-August, and the recovery seems to be failing.The dollar is a bullish beast.Interest rates are rising, and other commodities are falling.Risk-off threatens the prices of all assets.DUST can turn to gold if December 2018 turns out to be the fourth consecutive year of a low.Gold was trading around its $1200 per ounce pivot point on the active month December futures contract on CO...Read More
Gold three-month 25 delta risk reversals (XAU1MRR) flipped to gold puts (bearish bets) for the first time since Oct. 10. It is currently trading at -0.125 in favor of gold puts as opposed to 0.875 in gold calls on Nov. 6. The investor sentiment has clearly turned bearish in the last eight days, adding credence to the drop in the metal's price from $1,236 to $1,200. At press time, the yellow me...Read More
Botswana Diamonds (LON:BOD) has bought Russian diamond miner Alrosa's 50% stake in their Sunland Minerals joint venture (JV) and the company said it is close to bringing a new partner into the project.In a statement, the company described the unnamed new investor as "a large diamond producer with new ideas and keen to find new kimberlites in Botswana," adding that the potential new partner will ac...Read More
Botswana Diamonds (LON:BOD) has bought Russian diamond miner Alrosa's 50% stake in their Sunland Minerals joint venture (JV) and the company said it is close to bringing a new partner into the project.In a statement, the company described the unnamed new investor as "a large diamond producer with new ideas and keen to find new kimberlites in Botswana," adding that the potential new partner will ac...Read More
* Sterling tumbles a cent after Brexit deal hopes crumble* Asia rose overnight on U.S.-China trade hopes * Oil nudges higher for second day after 12-day losingstreak* Dollar gets going after soft start, Wall Street seenedging high * Bunds rally, Italian bond yields dip as budget remains infocus By Marc JonesLONDON, Nov 15 (Reuters) - Sterling tumbled and the rest ofEurope's share markets groaned o...Read More
"Find out how #disruption could change the #mininginvestment landscape in part 1 of our #miningdisrupted series: https://t.co/UwTZQtEkOM #FutureOfMining https://t.co/mDPlfbhKp8"Read full newsRead More
Gold is rolling sideways around $1,210, having rallied off the key rising trendline support yesterday. The metal could rise well above the immediate resistance of $1,212 if the US retail sales miss estimates by a big margin. Gold's sharp recovery from the recent low of $1,196 has neutralized the immediate bearish outlook. Notably, the strong rebound from the trendline connecting the Aug.16 a...Read More
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) got a boost Thursday after the company announced the board of directors had approved a $1.3 billion expansion of its Los Pelambres copper mine in Chile.The awaited upgrade of Los Pelambres will add 60,000 tonnes of copper a year to the company's overall production once in full operation. Annual production is expected to increase from 40,000 tonn...Read More
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) got a boost Thursday after the company announced the board of directors had approved a $1.3 billion expansion of its Los Pelambres copper mine in Chile.The awaited upgrade of Los Pelambres will add 60,000 tonnes of copper a year to the company's overall production once in full operation. Annual production is expected to increase from 40,000 tonn...Read More
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) got a boost Thursday after the company announced the board of directors had approved a $1.3 billion expansion of its Los Pelambres copper mine in Chile.The awaited upgrade of Los Pelambres will add 60,000 tonnes of copper a year to the company's overall production once in full operation. Annual production is expected to increase from 40,000 tonn...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average tumbled on Wednesday, the fourth straight day of triple-digit losses for the blue-chip index. Apple Inc. (AAPL) and Goldman Sachs Group Inc. (GS) were the Dow's leading laggards.Macy's Inc. (M) fell 7% even after the retailer posted stronger-than-expected third-quarter earnings and raised...Read More
Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama slipped 1% month on month in October, according to the latest data from major Japanese trading house Marubeni Corp. The data, which was published on Wednesday November 14, also shows that total aluminium stocks at the three ports came to 317,300 tonnes at the end of last month. On a y...Read More
Nickel premiums in China, the United States and Europe remained unchanged over the week amid limited activity, an unstable import window in Shanghai and participants' absence from the market. An open but unstable import window kept premiums in Shanghai flat Subdued activity in the US nickel market maintains premiums European nickel market quiet with long-term in focusShanghai nickel premiums uncha...Read More
Base metals prices on the London Metal Exchange were predominantly higher at the close of trading on Wednesday November 14, boosted by a steady rebound in global benchmark crude oil futures and a marginal retreat in the dollar index.Following a decline in the oil price this morning due to increasing concerns over a global slowdown economic growth, it bounced 1.47% over the course of the...Read More