Other Commodities
Copper can kill up to 99.9% of all germs
The results of TransLink's study on British Columbia Provincial Transportation show that copper is effective at killing bacteria on surfaces that are frequently touched. Based on sample tests carried out in the means of transport and in a laboratory, the study …
Endeavour Silver with strong financial results
Endeavor Silver (NYSE: EXK; TSX: EDR) announced today that gross revenues in 2020 were $ 140.3 million, up 15% from $ 121.7 million in 2019, through the sale of 3.5 million ounces of silver and 35,519 ounces of gold at average realized prices of $ 21.60 per …
Peru reports strong decline in mining activities in January
The National Institute of Statistics and Informatics of Peru announced today that the domestic mining and hydrocarbon sector declined 8.49% in January 2021. This contraction was due to lower activity in the metallic mining subsector (-7.12%), caused by lower …
Silver Viper hits high grade precious metals vein
Silver Viper Minerals (TSX-V: VIPR) today announced high-grade drill results from ongoing exploration on the La Virginia silver-gold project in Mexico. The Company said drill hole LV21-289 intersected 130 meters (80.08 meters estimated true width) of …
Venezuelan oil exports increase in February
Venezuela's oil exports surged over 700,000 barrels per day (bpd) in February, their highest level in a decade, driven by more sales of fuel cargoes to new customers in Asian markets, according to Refinitiv Eikon's tanker tracking data and documents. A growing …
Chinese communist part announces plans to reduce rare earth exports to the US
China is considering restricting exports of rare earths, which are vital for U.S. defense companies like Lockheed Martin to manufacture advanced weapons and F-35 fighter jets, the Financial Times reported Tuesday. Industry executives said government officials …
Snowstorms in Texas highlight the necessity of fossil fuels
The message that we have to electrify everything that currently uses fossil fuels to generate energy has become the dominant message of the energy transition. Solar, wind, and energy storage - perhaps with the help of hydropower and some nuclear power - can …
Is the current oil boom just the start for a commodity run?
Commodities have risen in recent months and have outperformed stock indices in anticipation of an economic recovery, loose monetary policy and rising inflation. The broad-based commodity bull market - led by a 50 percent rise in oil prices over the past three …
Colombia is auctioning gold and copper mining projects
Mining companies interested in applying for potential exploration and development permits in Colombia should register for several rounds starting Feb. 11 this year, the government said Tuesday as it continues its efforts to diversify mineral production. For a …
Hopes for Stimulus package lets copper prices rise
Copper prices rose again on Tuesday as investors weighed the prospect of a quick stimulus package in the US. On the Comex, copper for delivery in March rose 1.5% to $ 3,723 a pound ($ 8,190 a ton). Should it close at this level, it would be the highest level …