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1178 days ago

Canada and Australia lead the pack in drilling projects for December

They both have over 60 gold drilling projects, and 83 total reported projects as of the past month. Canada and Australia had increases in copper, lead-zinc, and nickel projects. Platinum group metals had the largest increase from one to seven projects with four located in Canada. Gold projects increased 14% in December.

#Commodities
DRILLING PROJECTS CANADA

1178 days ago

Mining and drilling projects have sharply increased in 2020

Key facts for 2020: 270 projects drilled, 197 gold projects, 73 other projects, 254 companies reported new projects, and 2,874 new drill holes were reported. The primary target for the top drillers has been to find more gold as showed with Musgrave's effort, an Australia firm. Musgrave reported 95 holes followed by Gibb River Diamonds reporting 81 holes. Source: MI

#Commodities
GOLD AND MINING EFFORTS WERE UP THIS YEAR

1178 days ago

A blizzard means Japan's power prices are boiling over - hit record

Spot price for Jan. 13 (Wed.) inched 2.9% higher to 154.6 yen/kWh, the highest ever. Meanwhile, six regional utilities expect reserve ratios to fall to 4% today, which is roughly the level when they begin to request supplies from rivals

#Commodities
A blizzard means Japan's power prices are boiling over

1179 days ago

Metals & mining pulled $10.2B in follow on capital on the ASX in 2020

Gold and mining IPOs were on the rise in 2020 and more is to come as prices begin to rise in commodities. 2020 saw 28 metals and mining IPOs which raised $200M. Low interest rates has pushed investors to favor equities like mining over banking.

#Commodities

1180 days ago

Food Price inflation accelerates for seventh consecutive month

Is it time to worry about food inflation? The Food and Agriculture Organization's Food Price Index rose for a seventh consecutive month in December, led by dairy products and vegetable oils. The FAO Food Price Index averaged 107.5 points last month versus 105.2 points in November. The benchmark, which tracks global food prices of cereals, oilseeds, dairy products, meat, and sugar, averaged 97.9 points for 2020, a three-year high, and a 3.1% rise from 2019 levels. Source: www.zerohedge.com 

#Commodities
FAO Food price inflation index
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