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EYEBROW

29 September 2017
Test edition
Test edition

Summary of this Test edition

EYEBROW

26 September 2017

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Dumont back as nickel-cobalt opportunity

Quebec nickel-cobalt project taking calls from interested parties

First Cobalt aims to 'blanket the camp'

Canada cobalt company to spend C$7m on Cobalt Camp drilling

Fission Uranium to focus on R1515W, PFS

Athabasca Basin explorer to focus on land-based zone in latest exploration programme

Iron ore heading for $50/t

Dane Davis says Chinese conditions will soon push iron ore prices down $20/t

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Finance > Capital-markets

Markets more positive

Geopolitical tensions helped lift the gold price closer towards US$1,300 an ounce today as North Korea announced it had successfully launched another missile.

Staff reporter

Finance > Capital-markets

Markets more positive

Geopolitical tensions helped lift the gold price closer towards US$1,300 an ounce today as North Korea announced it had successfully launched another missile.

Staff reporter

Markets more positive

Galaxy Resources rises on offtake agreements

Among gold equities, Australian-based miner St Barbara (AU:SBM) barely changed as it held its AGM - its stock remains near a one-year high.

In North America, Goldcorp (CN:G) closed down more than 1% while Newmont Mining (US:NEM) was up slightly in New York.

Most market indices around the globe moved higher in the past 24 hours, with the S&P500 higher and the FTSE 100 up more than 1% but the S&P/TSX Composite Index closed slightly lower.

In Australia, the benchmark S&P/ASX200 managed to surge back over the 6,000-point benchmark, helped by star performer Galaxy Resources (AU:GXY) gaining 8.64%.

The lithium miner shot up on news of signing long-term offtake agreements with multiple customers for 100% of its planned lithium concentrate production from Mt Cattlin from 2018, starting at higher headline pricing than in 2017.

Other lithium stocks also gained, with Pilbara Minerals (AU:PLS) rising more than 5% and Altura Mining up 2.5%.

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