Malaysia is set to begin issuing bauxite mining licenses in early 2020, four years after it imposed a ban in response to environmental concerns.The Southeast Asian nation produced very little bauxite prior to 2014, but when Indonesia, China's biggest supplier, imposed a ban on exports of unprocessed minerals in January 2014, China turned to Malaysia to fill the bauxite gap.At the time, Indonesia w...Read More
WoodMac's best case scenario is that demand from this sector would be delayed to later this year. "As a result, we believe that there is now a significant downside risk to our forecast of 0.Read More
$5.7 billion...That's how much money Tesla (NASDAQ: TSLA) short sellers lost in just two days.To put that in perspective, that is more money than the Dallas Cowboys - America's most valuable sports team - are worth.On Monday, people betting against the electric car giant lost $3.1 billion. That same day, Elon Musk, the charismatic CEO of the company, made himself $4.4 billion.Tuesday was like a la...Read More
Adamera Minerals (TSXV:ADZ, OTC:DDNFF) Begins 2020 with Renewed OptimismRead full newsRead More
By: David HaggithHaving predicted last year that a recession would begin in the summer of 2019 and that it would likely start with a major repo crisis, I am now proven wrong by 2019's fourth-quarter GDP. If the repo crisis that started in the final week of summer had actually been the start of a recession, we would have seen fourth-quarter GDP go negative. Instead, it came in at 2.1% growth.I fi...Read More
Jordan Roy-Byrne CMT, MFTALast week we noted that the risks in precious metals were primarily technical. Sentiment and technicals urge caution over the short-term. The net speculative position in Gold has remained high for months while the 21-day daily sentiment index (DSI) hit 81%. Since the sector peak five months ago, Silver and the gold stocks have corrected in price while Gold has made a...Read More
BEIJING - China's copper smelters will reduce output by more than 15% in February from last month due to the coronavirus outbreak, research house Antaike said, warning zinc production c...Read full newsRead More
BEIJING - China's copper smelters will reduce output by more than 15% in February from last month due to the coronavirus outbreak, research house Antaike said, warning zinc production c...Read full newsRead More
Starcore International Mines announces start of surface exploration drilling program of 3000m on the Santa Elena target in Quer?(C)taro MexicoRead full newsRead More
Burkina Faso's gold production probably fell slightly last year due partly ...Read full newsRead More
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"#Nickel for the 21st Century - FPX Nickel Corp. Recent presentation by FPX's CEO Martin Turenne at the Vancouver Resource Investment Conferencehttps://t.co/Y95VR0Mg35"Read full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") today announced that it has signed commercial agreements to supply custom designed plant-based packaging with two US food producers who distribute throughout the United States. The Company estimates the agreements will deliver between $1.7 million to $2.0 million (Canadian dollars) in organic growth on an...Read More
Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has received a $600,000 purchase order for its 4G rugged PoC handset devices.Marc Seelenfreund, CEO of Siyata Mobile, commented, "This is an exciting win for Siyata as it demonstrates the strong continual market demand for our Push-to-Talk over Cellular (PoC) rugged handsets. Our r...Read More
Tesla's stock doubles year-to-dateRead full newsRead More
Canada's Quebec province. Stock image. The Mining Association of Canada (MAC) released its annual Facts & Figures report on Tuesday, saying it is time is for the industry to fulfill its potential as a dominant mining nation. The resource-rich country ranks among the top five countries in the global production of 15 minerals and metals. The industry was valued at $105 billion in 2018, and mine...Read More
The TSX hides some surprisingly rich yields that are just right for income investors buying in February. Steel and banking are two unlikely areas that abound in rich dividends, showcasing some of the most rewarding stocks on the TSX. Today, we’ll take a brief overview of a pair of stocks that pay +6% yields for a diversified mix of passive-income assets drawn from the cream of Canadian busin...Read More
The precious metals producer said yesterday it had received the US$11.Read More
Principal analyst Farid Ahmed said this week original equipment (OE) manufacturers in the US and China, which accounted for about 40% of the world's automotive manufacturing capacity, experienced production contractions during 2019, with pressure expected to persist in these key markets.Global OE demand shrank last year, with China down 8% and the US down 14%. Global OE demand is forecast to rever...Read More
Is it the end of oil?It's about time, isn't it?Watching WTI prices fall below $50 per barrel for the first time in over a year, even the best of us can get that bearish twinge of concern.But this isn't 2014.You probably remember that painful crash just as much as I do. Prices collapsed nearly 75%, from over $100 per barrel all the way down to around $26 per barrel.All it took was a global pandemic...Read More