Prime unveils updated mineral resource estimate for Los Reyes, 2020 plans In motion
Canadian-based Prime Mining Corp has updated its mineral resource estimate for its Los Reyes Oxide Gold and Silver Project located near Cosalá, Mexico. Crucially, it underscores Prime’s commitment to and belief in the project as it demonstrates that the oxide resource is far larger than historic estimates. The project, shelved by previous investors in the […]
Faith in purchasing power and savings in fiat currencies and sovereign debt Is challenged, according to Rick Rule
The 10-year economic recovery was more driven by low interest rates than an increase in productivity. Low oil prices will affect the roll out of electric vehicles and distress faced by sovereign governments may hamper their ability to subsidize conversion in the near-term. Mid tier, single-asset producers will surprise to the upside and continue […]
“Low carbon product is of interest to battery manufacturers” – Giyani Manganese
Giyani Metals focusses on production of high purity electrolytic manganese metal for batteries. Chinese Manganese is typically not of the grade that is required for batteries and converting it into a selenium free manganese metal is very expensive. With European interest in promoting the trade of raw materials used in batteries, Giyani is […]
TOMRA: Automating chrome mining processes to reduce wasted energy and water in South Africa.
Chrome sorting process separates the waste at the beginning of the process to reduce water, energy and chemical use later in the process. TOMRA’s process uses half the energy of competing processes. Chrome spot price may increase based on demand out of China, who is now out of lockdown. Links waste reduction to profits giving […]
Ore trader cautions that it’s going to be a “very tough year”
China has become more dependent on South Africa for its chrome and manganese requirements China has sufficient stocks to last a few months Depending on how long South Africa remains in lock-down will determine the impact on prices However, Jonathan stresses that this was always going to be a challenging year for China, irrespective of […]
Many western countries have refused to let nature take its course – Jim Rogers on why he’s buying gold
The world was long overdue for a recession and the bubble has now popped Rogers believes governments are making a grave mistake, printing money in an attempt to prop up the economies Asked where he feels there are investment opportunities, Rogers confirms aside from precious metals, he is holding US dollars, as well as […]
Chinese rare earth sector seemed very prepared for COVID19
The Chinese rare earth sector seemed prepared for COVID19. In fact, some market participants assert that the fact that the Chinese rare earth market was relatively unaffected by the virus is evidence that the authorities not only knew about the virus and covered it up, but took active measures to protect their markets by increasing […]
Effects of Covid19 on Rare Earths
The Effects of COVID19 on Rare Earths is a brief presentation designed to highlight the impact of COVID19 on the rare earth market. Initially the effects of COVID19 on rare earths was not obvious as the Chinese New Year which is generally characterised as a period of fewer trades. Moreover, the fact that there were […]
Lara Smith speaks to DRC Mining Week about Investment Opportunities in Africa
Click the article to read it on the DRC Mining Week website
Features of a top gold asset – Prime Mining Corp (PRYM: TSXV, PRMNF: OTC)
For anyone who invested in Prime Mining Corp. (PRYM: TSXV, PRMNF: OTC) at the beginning of the year, they would have more than doubled their investment. With gold prices well above $1600/oz, its highest level since 2013, the Company’s share price realized gains of 67%. Despite these enviable returns, we strongly believe in Prime Mining’s […]