Metals Markets
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Raymond James adjusts forecasts as uranium outperforms zinc, copper in Q3
Analysts at Raymond James are lowering their forecasts for zinc and copper prices. For the fourth quarter, the analysts have changed their zinc price forecast to US$1.20 per lb. from US$1.40 per lb., and for 2019 they have trimmed their…
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Gold stocks undervalued, says Haywood Securities
The mining team at Haywood Securities says now is a good time to invest in undervalued gold stocks. “In the first nine months of 2018 the price of gold has declined 9%, while gold equities have declined about 20% (GDX…
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Editorial: Gold, copper declines start to bite
The dog days of summer are upon us in North America, and this year for the mining industry the biggest dogs are gold and copper — the two leading precious and base metals, which have seen precipitous price drops in…
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US Dept. of Commerce launches investigation of uranium imports
If the U.S. Trump administration extends its trade war to uranium it would be bullish for equities with U.S.-based assets, Haywood Securities commented in a uranium sector update. U.S. Commerce Secretary Wilbur Ross’s announcement yesterday that he is starting an…
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INTERVIEW: Agnico’s Sean Boyd says Meliadine on track to produce in Q2 2019
Special from The Northern Miner, July 18, 2018. Agnico Eagle Mines hosted a site visit in late June to its advanced-stage Meliadine gold project in Nunavut, which is expected to start production in the second quarter of 2019 — about three…
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R&D: Manganese X Accepts National Research Council Proposal to Potentially Upgrade Manganese Ore to Produce Battery Grade Material
Montreal – Manganese X Energy Corp. is pleased to report that it recently received from the National Research Council (“NRC/CNRC”) a research proposal: “The potential of ore upgrading and purification techniques to produce battery grade material (high purity 99.999%).” The proposed project…
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GOLD: Moneta intercepts 47.00 m @ 2.08 g/t in a new mineralized shoot at Southwest Zone
TORONTO – Moneta Porcupine Mines Inc. is pleased to announce the results from seven additional diamond drill holes completed on the South West Deposit (“South West”) located within the Company’s Golden Highway Project, located 110 km east of Timmins. Highlights: Step-out…
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GOLD: Winter Drilling Strengthens Model for Large-Scale Intrusive Hosted Gold System at Éléonore South
TORONTO – Eastmain Resources Inc. is pleased to announce the receipt of assay results from 32 drill holes totalling 5,449 m completed during the winter drilling campaign at the Éléonore South Joint Venture (ESJV) Property (Eastmain-Goldcorp-Azimut). This phase completes the H2/2017-H1/2018 diamond…
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GOLD: American Creek commences drilling on Treaty Creek property in B.C.’s Golden Triangle
Cardston, Alberta – American Creek Resources Ltd. is pleased to report the commencement of a significant drill program on the Treaty Creek Project, immediately adjacent to and in the same hydrothermal system as Seabridge Gold’s KSM property (largest gold deposit in…
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GOLD: ATAC Resources intersects 23.59 M OF 9.50 g/t gold at Conrad
Vancouver – ATAC Resources Ltd. is pleased to announce results of the first three holes drilled from the Conrad Deposit step-out diamond drilling program within the Osiris Project, located at its Rackla Gold Property, Yukon. Highlights New near-surface mineralization discovered…
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COPPER: Kintavar Exploration bets on Mitchi copper project in Quebec
Noranda was poking around southern Quebec in the 1970s when it drilled into what it believed was a skarn deposit grading around 0.5% copper, and walked away because it was too low grade. That ground, now known as the Mitchi…
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ENVIRONMENTAL: Provincial environmental assessment review of IDM Mining’s Red Mountain gold project advances to final stage
VANCOUVER – IDM Mining Ltd. is pleased to announce that the temporary voluntary suspension of the 180-day time limit for the application review of the Red Mountain Gold Project has been lifted by the BC Environmental Assessment Office (“EAO”) and the Project is…
