Junior Mining News

By analyst By Frik Els Cobalt briquettes, Nikkelverk, Norway. Image: Glencore Glencore’s investor day on Tuesday painted a positive picture not just of the Swiss miner and commodities trader’s business but also had good news for the mining industry as a whole. Glencore commissioned CRU to measure the impact the global shift away from internal […]

By Brian Maher This post Bitcoin Goes Legit appeared first on Daily Reckoning. Dear Reader, Bitcoin takes its next step to $50,000… $1 million… or 1 cent… The Chicago Board Options Exchange (CBOE) opened bitcoin futures to trading this weekend. The Chicago Mercantile Exchange (CME) plans to open its own bitcoin futures next Monday, Dec.

By analyst By Frik Els After an initial dip zinc prices rose on Tuesday after top producer of the metal Glencore held its output forecast steady for next year. On the LME, zinc was exchanging hands for $3,170 a tonne on Tuesday up more than 1% from the previous close, bringing gains for 2017 to

By analyst By Frik Els Shares in Toronto-listed Katanga Mining, added another 25% in value on Tuesday after announcing it has restarted its giant copper-cobalt operation in the Democratic Republic of the Congo. On Monday trading in the company’s shares were briefly halted on the TSX after investors piled into the US$2 billion stock, but

By Pater Tenebrarum An Astonishing Statistic As the final FOMC announcement of the year approaches, we want to briefly return to the topic of how the meeting tends to affect the stock market from a statistical perspective. As long time readers may recall, the typical performance of the stock market in the trading days immediately

Source: Streetwise Reports 12/12/2017 As two Guyana projects begin commercial gold production, a new mineral resource estimate is in the works for a third project. The Republic of Guyana is an English-speaking, democratic, South American country tucked between Venezuela and Suriname. In 2016, Guyana produced 690,000 ounces of gold as two mines began commercial production:

Source: Streetwise Reports 12/12/2017 A flagship Nevada project is showing results and the company anticipates commencing commercial production in the first quarter of 2018. In a Dec. 11 press release, Rye Patch Gold Corp. (RPM:TSX.V; RPMGF:OTCQX) summarized the Florida Canyon mine’s production results for the month of November: Placed 8,059 ounces of gold on the

By analyst By Valentina Ruiz Leotaud As of today, Minera Don Nicolas starts production at its gold-silver project in the Macizo del Deseado, located in the southern Argentinian province of Santa Cruz. Local firm Compañía Inversora de Minas (Ciminas) put down an initial investment of $250 million with the hope of transforming this project into

By Big Al This article submitted by Tim Howe asks a very important question about our feelings toward President TrumpBig Al says: “As I mentioned earlier to OOTB Jerry, it would appear that our side is starting to look a bit stronger”! Why would we abandon Trump? He’s doing what he said he would By

By analyst By Valentina Ruiz Leotaud The chairman of the Senate Environment and Public Works Committee, John Barrasso, sent a letter today to the Energy Secretary, Rick Perry, and the Nuclear Regulatory Commission Chairwoman, Kristine Svinicki, informing them that he is expanding a 2010 investigation into the Obama administration’s approval of the sale of Uranium