BENGALURU - Palladium is more valuable than gold for the first time since 2002, with prices soaring by around 50 percent in less than four months to record levels - just as gold failed to capitalize on some seemingly bullish scenarios.A sustained supply deficit coupled with robust demand and rising interest from speculators have pushed prices of palladium - used mainly in emissions-reducing cataly...Read More
Australia's Lucapa Diamond (ASX:LOM) has begun commercial production at its 70%-owned Mothae mine in Lesotho, which it acquired in early 2017.The operation will add to the Perth-based company annual output, until now on depending on just one mine - Lulo, in Angola.The commercial recoveries are being processed through a 1.1 million tonne-per-year plant, which is a key milestone in Lucapa's develo...Read More
Australia's Lucapa Diamond (ASX:LOM) has begun commercial production at its 70%-owned Mothae mine in Lesotho, which it acquired in early 2017.The operation will add to the Perth-based company annual output, until now on depending on just one mine - Lulo, in Angola.The commercial recoveries are being processed through a 1.1 million tonne-per-year plant, which is a key milestone in Lucapa's develo...Read More
Zimbabwe's government is letting two new private companies mine diamonds in the country and may even allow foreign investors to hold majority stakes in local operations on condition that part of their output is reserved for domestic downstream industries.Mines minister Winston Chitando said any company or person with title for diamonds would have to go into partnership with the four companies allo...Read More
Altamira Gold Corp. (TSXV: ALTA) reported that it has submitted an application to expand to 300,000 hectares its land position at the Firminho project, located within the Alta Floresta Belt in Mato Grosso, west-central Brazil.Such expansion would be reached by adding new claims that occupy over 70,000 hectares and lie on the northern margin of the belt close to the contact with the sediments of th...Read More
Altamira Gold Corp. (TSXV: ALTA) reported that it has submitted an application to expand to 300,000 hectares its land position at the Firminho project, located within the Alta Floresta Belt in Mato Grosso, west-central Brazil.Such expansion would be reached by adding new claims that occupy over 70,000 hectares and lie on the northern margin of the belt close to the contact with the sediments of th...Read More
Altamira Gold Corp. (TSXV: ALTA) reported that it has submitted an application to expand to 300,000 hectares its land position at the Firminho project, located within the Alta Floresta Belt in Mato Grosso, west-central Brazil.Such expansion would be reached by adding new claims that occupy over 70,000 hectares and lie on the northern margin of the belt close to the contact with the sediments of th...Read More
How you can transform lagging indicators into leading indicators. From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of the trading world's constant need to stay ahead of the curve since the first exchange opened its door over 200 years ago.After all, every trader is always looking for an edge... Some way to predict what will happen next... And hopefully...Read More
(Updates with closing prices)By Eric OnstadLONDON, Dec 5 (Reuters) - Copper fell to its lowest level ina week on Wednesday after comments by U.S. President DonaldTrump stoked more worries about trade tensions with top metalsconsumer China.Most other industrial metals were in the red due to concernabout growth in China and after the country's currency slipped.Markets were unconvinced when China exp...Read More
Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More
Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More
Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More
Gold enters December in reasonable shape.The price holds $1200 despite new highs in the dollar index.The Fed Chairman gives a speech that is bullish for the yellow metal.The low came early in 2018; open interest tells us no one expects a significant move.Golden prospects for 2018 - NUGT will magnify results on a rally.Nearby February gold futures on the COMEX division of the CME settled at the $12...Read More
"Vale reduces 2019 #nickel production guidance and announces investments to sustain its Sudbury and New Caledoniaoperations https://t.co/jdgEeJ8mYY"Read full newsRead More
Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More
Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More
Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More
Australian rare earths miner Lynas Corp (ASX: LYC) said Wednesday it was considering legal actions against the Malaysian government over the new conditions imposed on the company to renew its licence for a processing plant on the country's east coast.The miner, one of the world's main suppliers of rare earths outside China, said it was disappointed with the government's intention to impose new req...Read More
"$PYPL - PayPal Holdings, Inc. (PYPL) CEO Dan Schulman Presents at Goldman Sachs US Financial Services Conference 2018 (Transcript) https://t.co/eSXOOnuACC"Read full newsRead More
"$AMT - American Tower Corporation's (AMT) Management Presents at UBS 46th Annual Global Media and Communications Conference 2018 - (Transcript) https://t.co/eJYy8dXs4Y"Read full newsRead More