A new strategic partnership on raw materials has been announced between Canada and the European Union. This follows the June 14 summit in Brussels between Ursula von der Leyen (President of the European Commission) and Canadian Prime Minister Justin Trudeau. The leaders also reaffirmed their ambitious commitments on fighting climate change and protecting the environment.The mining industry in Cana...Read More
Nutrien (TSX: NTR; NYSE: NTR), has decided to increase potash production by 500,000 tonnes this year on the back of newly imposed trade sanctions on Belarus.The boost, which will bring total annual sales volumes to 13.8 million tonnes, comes on top of the half a million tonne output increase the world's biggest fertilizer company announced on June 7.Western economies, including the European Union...Read More
As a fourth-generation explosives expert, Anthony Konya has mine blasting is in his blood. "My great-great grandfather was a well blaster in Hungary," Konya says. "They used to lower him down into a well in a bucket. He'd plant the dynamite, light the safety fuse and hope someone would pull him up before it went off." But technology has since improved those methods significantly, he noted.As...Read More
A year ago we were all waiting for the other shoe to drop. Covid cases were starting to swing up and we were heading into a tough summer.Nine months ago we hit a whole new level, now with an even bigger swing in cases in the works with a huge, steaming pile of political mayhem tossed on top.Three months ago, depending on the state, vaccines rolled out to all adults. We finally got to the point whe...Read More
FPX Nickel CEO Martin Turenne explains why nickel can be considered the ultimate battery metal.He provides a nickel market update as well as a FPX Nickel (...Read full newsRead More
The very people tasked with clamping down on and regulating Zimbabwe's illegal gold industry are some of its biggest beneficiaries, according to a recent report by the Southern Africa Resource Watch (SARW).Read full newsRead More
Sudan on Thursday signed nine concession agreements for gold and copper mining with eight local and foreign companies, the state news agency SUNA said.Read full newsRead More
TriStar Gold Inc. is pleased to announce that Nick Appleyard will be presenting a corporate update in a live webinar taking place on Wednesday, June 23rd at 12pm PT / 3pm ET.Read full newsRead More
Tempus Resources Ltd is pleased to provide an update of the drillRead full newsRead More
Kavango Resources (LON: KAV) and Power Metal Resources (LSE:POW) on Monday unveiled yet more encouraging results from their South Ghanzi project in the Kal...Read full newsRead More
Crowdfunding proves fruitful once again for UK lithium juniorRead full newsRead More
Markets downbeatRead full newsRead More
All of a sudden it has become a scary time for investors as the Fed is musing about tightening monetary policy. However, it is going to take more than dot plots to cool off the oil price.The Fed cannot stand by the sidelines if it wants to cool inflationAs the debate rages whether inflation will continue its wiiing ways over deflation, the Gold/Silver Ratio has yet to pronounce a clear leader as w...Read More
"Less liquidity from the US and a firmer dollar, plus prospects of a slowdown in China as the top consumer tries to rein in overheated markets weighed on sentiment," Marex's Anna Stablum said from the LME desk (Singapore).Copper closed down 1.8% to US$9,119.75 per tonne, a circa 7% drop for the week.The gold price has also slumped below $1,800 an ounce following the US Federal Reserve's indication...Read More
The global pandemic is an eye opener, because it threatens income security and livelihoods. Besides health, financial dislocation was the worry of most. Canadians’ anxiety levels rose at the start of the second quarter of Q2 2020 following the drastic 2.2% increase in the unemployment rate to 7.8% in March 2020.The sudden drop in employment was more extensive than any of the significant rece...Read More
Bitcoin has been viewed by some young investors as “millennial gold.” Undoubtedly, the incredible technology (blockchain) powering cryptocurrencies is remarkable and exciting. That said, just because a technology shows promise does not mean investors should rush into an asset, willing to pay whatever price the market commands at any given instance.Beware of Doge!Dogecoin, Bitcoin, Ethe...Read More
Teck Resources (TSX:TECK.B)(NYSE:TECK) soared off the 2020 lows amid a surge in copper prices. Investors who missed the rally want to know if the recent pullback makes Teck Resources stock undervalued today.Copper marketTeck Resources produces metallurgical coal (steel-making coal), copper, and zinc. The rebound in commodity prices over the past year helped drive the share price up from $9 to a re...Read More
Markets took a breather last week when the Fed indicated a more hawkish stance. As a result, interest rate hikes could rather return sooner than later, which might upset investors’ mood. TSX stocks at large, too, traded weak last week on the fears of expected higher rates.Importantly, this could have significant damage to the year-long rally. According to CNBC, Moody’s economist Mark Z...Read More
The junior said it opened up the opportunity to pre-registered investors 9:00am UK time and had hit its target "within 20 minutes".Read More
Commodity prices have fallen across the spectrum - with the exception of coal - over the past seven days. The LME copper price stood at US$9,068/tonne on Monday, down 9% week-on-week.Read More