By Gary SavageMar 23, 2020https://blog.smartmoneytrackerpremium.com/Read More
".@LundinGold $LUG has suspended operations at its Fruta del Norte #gold mine after a rapid change in #Ecuador's #COVID19 situation. https://t.co/6RRs082kRu #investing #coronavirus"Read full newsRead More
'I have not seen a credible plan for net zero without nuclear as part of the mix,' Natural Resources Minister Seamus O'Regan told a nuclear conferenceRead full newsRead More
Boosts revenues across all MediaCentral digital titlesLeverages MediaCentral's 4.5 million monthly digital readersMediaCentral gains access to Largest Retail Affiliate Marketing Program TORONTO, ON., March 24, 2020 - Media Central Corporation Inc. (CSE: FLYY, FSE: 3AT) ("MediaCentral" or the "Company") is pleased to announce the launch of its Affiliate Marketing Program (the "Affiliate Program") a...Read More
"I ran dealer desks for over 20 years... And I never recall a BWIC on a weekend."Read full newsRead More
The CSE welcomed FSD Pharma Inc. (CSE:HUGE) to open the market on March 6th at the CSE Media Centre. It was a pleasure to have them celebrate this Market Ope...Read full newsRead More
Here is what's new today on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content all the time.1. Insiders buy as auto stock crashes - INK ResearchInvestors have been pricing in a lot of fear into auto stocks. Insiders at Martinrea International (MRE) appear to be signalling that the pessimism is probably overdone.Buybacks halted 2 When the everything...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") has joined the Chicago-based COVID-19 Innovation Coalition to offer advanced Supply Chain services, technical resources, and relevant logistics expertise to suppliers and health care providers facing unprecedented demand amid the Novel Coronavirus outbreak.The COVID-19 Innovation Coalition is a network of entrep...Read More
US Fed promised to pumpRead full newsRead More
MONTREAL - A $1-billion deal to combine two Montreal companies with West African gold mining operations was met with sharply divergent reactions from their shareholders on Monday. Stock in Endeavour Mining Corp. closed at $20.05, down $1.60 or 7.4 per cent, on the Toronto Stock Exchange after it announced the deal to acquire Semafo Inc. - the stock traded as low as $17.50, down 19.2 per cent, earl...Read More
Gold is traditionally a safe haven asset during times of trouble. As investors flee riskier assets like stocks, massive amounts of capital gets diverted into bonds, precious metals, and cold hard cash. This downturn has been a bit different.Over the last few months, gold prices have been roughly flat. Gold mining stocks, meanwhile, have been crushed. Even the highest quality miners are being press...Read More
The market crash over the past month already erased more than 35% off the TSX Index.Ongoing volatility should be expected and investors could see additional downside. The coronavirus continues to spread and governments are ramping up strict measures in order to ensure that people adhere to social distancing requirements.Households and businesses need cash and it will take some time for government...Read More
Syrah's Battery Anode Material plant in Louisana, USA. Image from Syrah. Syrah Resources (ASX: SYR) announced on Tuesday that will suspend its Battery Anode Material plant in Vidalia, Louisiana, to assess and manage potential operational risks from covid-19.According to the company, this will delay the distribution of purified natural graphite samples for qualification with potential customers.Th...Read More
File image.Iron ore prices gained on Tuesday, trading at $83.97 a tonne according to Fastmarkets MB, and making up some lost ground after a sharp retreat at the start of the week. The steelmaking raw material has shown surprising resilience - averaging above $90 for 62% Fe fines imported into China so far this year - in the wake of the covid-19 outbreak that began in the central part of the countr...Read More
Casa Berardi mine. Image courtesy of Hecla Mining Company Hecla Mining (NYSE:HL) announced Tuesday it is suspending operations at Casa Berardi until April 13, 2020 to comply with the Government of Quebec's orders."The Government of Quebec ordered the mining industry to reduce to minimum operations as part of the fight against the covid-19 virus, so we are suspending our Casa Berardi operations,"...Read More
Waihi operation, New Zealand. (Image from OceanaGold) OceanaGold (TSX: OGC, ASX: OGC) has announced that the Waihi gold operation in the North Island of New Zealand will temporarily suspend the ongoing development of the Martha underground mine and go into care and maintenance for four weeks in response to covid-19 measures put in place by the New Zealand government. The miner is working with the...Read More
The gold price rallied again in spectacular fashion on Tuesday, as panicked investors scramble for hard assets on the back covid-19 closures of mines and refineries and unprecedented monetary action by the US central bank.On the Comex market in New York, gold for delivery in April, the most active contract, closed the session at $1,660 an ounce, up $93 an ounce compared to Monday's close. Earlier...Read More
The Dow Jones Industrial Average rose 11.37%, its biggest one-day percentage gain since 1933, Reuters reported.The S&P 500 closed up 9.38%, the FTSE 100 rose 9.05%, Japan's Nikkei 225 gained 7.13% and the S&P/TSX Composite Index was up 11.96%.The gold price has zig-zagged higher in the past 24 hours.It's leapt up from below US$1,600 an ounce on the spot market to head towards $1,700/oz bef...Read More
Iron ore prices slumped to levels not seen since early February on Monday, with benchmark 62% Fe fines closing at $80.20/tonne."We are not yet looking at a glut of seaborne iron ore. But risks are escalating, and the balance is tilting towards a bigger hit to iron ore demand than supply," said Wood Mackenzie research director Paul Gray.Gray said his firm's analysis showed prices should gravitate t...Read More
Rio will curtail production at Richards Bay Minerals by midnight on Thursday. The titanium operation was previously suspended for five weeks late last year due to security issues.Read More