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RSS Market Wire – Mining & Metals

  • Fairmont Signs Letter of Intent to Option Lac Bouchette Quartz Property
    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 23, 2014) - Fairmont Resources Inc. (TSX VENTURE:FMR) ("Fairmont") is pleased to announce that it has signed a binding Letter of Intent (LOI) with two prospectors (the "Optionor") to acquire a 100% interest in the 435 hectare Lac Bouchette Quartz Property (the "Property") (see map
  • Red Moon Potash-Drilling Update
    ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - July 23, 2014) - Red Moon Potash Inc. ("the Company" - "Red Moon") (TSX VENTURE:RMK) announces that it has successfully completed the first of two holes at its Captain Cook salt/potash exploration program in Western Newfoundland. CC #4 was drilled to a total depth of 536 metres an
  • CJC recoupe 3,54 g/t sur 12,00 mètres et 3,58 g/t Au sur 8,55 mètres incluant 5,12 g/t Au sur 4,05 mètres sur le projet Sakami
    MONTRÉAL, QUÉBEC--(Marketwired - 23 juillet 2014) - Métaux Stratégiques du Canada (« Métaux Stratégiques » ou « la Société ») (TSX CROISSANCE:CJC)(FRANCFORT:YXEN)(OTCBB:CJCFF) et Matamec Explorations inc. (« Matamec ») (TSX CROISSANCE:MAT)(OTCQX:MHREF) sont très heureuses d'annoncer les résultats des sondages PT-14-81 à PT-14-83 effectués, lors la derni

RSS Zero Hedge

  • Krugman’s Latest Debt Denial: Why His Two Magic Numbers Don’t Cut It
    Submitted by David Stockman via Contra Corner blog, Professor Krugman is at it again—–conjuring fairy tales about a benign long-term fiscal outlook. Notwithstanding that the public debt has surged from 40% to 75% of GDP during the six short years since 2008, he claims there is no reason to fret and that there is no debt spiral anywhere in the future. In part
  • No Thanks, Call Me When You're Dead
    By: Chris Tell at: It's no secret that Mark and I work with a lot of start-ups. In this capacity we align closely with various accelerators, incubators, venture capitalists, bankers and the attendant flotsam and jetsam in the early stage capital markets. All of the above mentioned folks are typically focusing on working to
Global Markets

Why Versatility Makes Silver So Attractive

Spread betters have turned to silver in recent months in the hope that “the poor man’s gold” will experience a price rise soon. Capital Spreads said in February…

Sharp up-tick in Silver Jewelry Exports

(Reuters) – Steep growth in India’s silver exports is outpacing its other trade in precious metals as world demand picks up, albeit for cheaper jewellery options. Shipments are…

RSS American Metals Market

  • Schumer backs US ferrosilicon firms
    Sen. Charles Schume has urged the Commerce Department to consider allegations from companies including Globe Specialty Metals Inc. that Russian suppliers of ferrosilicon "misreported critical facts" during the agency’s anti-dumping investigation.
  • Columbus to target higher-value marts: SDI
    Steel Dynamics Inc. (SDI) will look to boost results when it takes control of the Columbus, Miss., mini-mill by expanding output of value-added products and continuing efforts to push into profitable energy and automotive markets, company executives said.
  • Mart sees scrap prices holding steady in Aug.
    Domestic ferrous scrap prices could trend sideways in August as early speculation points to a market that is in relative balance.

RSS Mining Journal

  • Quebec diamond project to SNC-Lavalin
    Stornoway Diamonds Inc has agreed to outsource C$425 million (US$395 million) worth of engineering, procurement and construction management (EPCM) services at its Renard diamond project to SNC-Lavalin.
  • KPMG sees growth momentum in mining
    Major global accounting firm KPMG has bought Western Australia-based, mining-focused management consultancy firm Momentum Partners in a deal reportedly worth about A$5 million (US$4.7 million) and expected to close next month.
  • Young-Davidson in full underground mode
    AuRico Gold Inc has announced an eighth consecutive quarter of record gold production at its Young-Davidson mine in Ontario as it made a full transition to underground mining.


RSS Financial Times – Mining

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NASDAQ4473.697  chart+17.681
S&P 5001987.01  chart+3.48
VDR.V0.035  chart0.00
2014-07-23 17:15
Silver Production

Thermal Fragmentation Mining

Rocmec Mining Corporation out of Vaudreuil-Dorion, Quebec, has designed and patented a revolutionary technology, designed specifically…

Egypt to revitalise mining sector

Precious Metals from the emerging democracy signals a will to move beyond the political process.…

Mineral output plunges 18.85% in Jan-Sept

By Czeriza Valencia MANILA, Philippines – Total mineral production value in the first nine months of…

Pan American Silver Suspends Argentina Mine Project

By Shane Romig BUENOS AIRES–Pan American Silver Corp. (PAAS, PAA.T) has shelved work on its…

RSS Wall Street Journal

  • Czech Central Banker Concerned Over Eurozone Deflation Risks
    Tame price rises in the European single currency bloc are causing headaches for the Czech National Bank as it struggles to push inflation back to its 2% target by using a nonstandard policy of keeping the koruna weak after cutting interest rates to near-zero levels, the central bank's governor said Tuesday.
  • BBVA Says Catalunya Acquisition Shows Confidence
    Banco Bilbao Vizcaya Argentaria said the €1.2 billion ($1.62 billion) acquisition of Catalunya Banc speaks to their confidence in the recovery of Spain's economy.
  • Chinese Stock Buyers Lift Borrowing Costs
    As China's investors rush to snap up cheap stocks, they're turning to the bond markets for funding and lifting the cost of borrowing.

RSS Metal Bulletin

RSS Silver Blog of the Week

  • Here They Come Again
    Just yesterday, I was optimistic that prices would soon rally again through $1320. After seeing the overnight action, I've changed my mind. read more
  • Something doesn't smell right about this recovery
    My wife and I watched Margin Call the other night. As the film wound down to a close, Jeremy Iron’s character (not sure if he was Blankfein or Dimon) explained to Sam, who thought it was wrong of them to sell the toxic mortgages to their clients,  that crises like this were normal. That particular scene has led me to conclude that the movie was allowed to be
  • Guest Post: "What The Media Won't Report About MalAir Flight MH17", by Dr. Ron Paul
    As usual, Dr. Paul cuts to the heart of the debate, not bothering to mess around with niceties and political correctness. read more

RSS Reuters – Materials


Mining North America

Potentially ‘the Largest Silver Discovery’ of the Century

BY STEPHAN BOGNER Toronto-based Vendome Resources Corp. (TSXV: VDR) is an exploration company with three active projects in the world-class Sierra Madre del Sur Precious Metal Belt mining district…

Vendome Provides Additional High Grade Results (>1000gpt) from the San Javier Mine Stockwork Vein System (Mexico)

Vendome Provides Additional High Grade Results (>1000gpt) from the San Javier Mine Stockwork Vein System (Mexico)

TORONTO, ONTARIO–(Marketwire – Feb. 2, 2012) - Vendome Resources Corp. (TSX VENTURE:VDR)(FRANKFURT:9VR) (“Vendome” or the “Company”) is pleased to announce additional high grade grab samples from the San Javier…

RSS Mineweb

RSS Canadian Mining Journal

  • COMMENT: New standards for responsible mining proposed by IRMA
    The Initiative for Responsible Mining Assurance (IRMA), has released a draft Standard for Responsible Mining for public comment. The draft is a proposed set of principles to improve social and environmental performance in the mining sector.
  • DIAMONDS: Dominion updates Ekati mine plan
    NORTHWEST TERRITORIES – Dominion Diamond Corp. of Whitehorse, NT, has shared its updated mineral resources and new mine plan for the Ekati diamond mine at Lac de Gras. The Misery Satellite estimate is now inferred, rather than being an...
  • FLEET MANAGEMENT: Wenco adds offices in three US states
    RICHMOND, British Columbia – With new offices in the United States, Wenco International Mining Systems now offers improved in-country sales, service, and support to American clients of its mine fleet management and high precision...
  • MERGER: Aecom to pay $4B for URS Corp.
    CALIFORNIA – Engineering design firm Aecom Technology Corp. has offered US$4 billion in cash and stock to acquire URS Corp., an engineering and construction services company. Aecom has offered the equivalent of US$56.31 per URS share,...

RSS Economic times

Silver Production

Thermal Fragmentation Mining

Rocmec Mining Corporation out of Vaudreuil-Dorion, Quebec, has designed and patented a revolutionary technology, designed specifically for precious metal miners.  “Thermal Fragmentation…

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RSS Futures Mag

  • How long will gold hold for?
    Gold climbed 9.4% this year, but the rally is set to reverse as the economy improves and interest rates increase.
  • Credit Suisse to exit commodities
    The bank is seeing its largest losses since 2008 with a $2.6 billion fine to settle a U.S. tax investigation.
  • Soybean meal sees a turnaround
    Soybean meal exports may rise to close to 64 million tons in 2014-15 from about 61 million tons in the season through September this year.
  • Expected rain threatens crop quality
    Wet weather means wheat harvests in Europe will continue to be delayed in the next 10 days, causing quality declines as well as potential losses.
  • Beans get hot
    Grains across the board have been “feeling the heat.”