Fitch says it's also unclear if producers will be able to make up lost output.Read full newsRead More
Copper dropped overnight to below $2 a pound only to rally 11.6% in New York trade Thursday.Read full newsRead More
Principal Financial Officer Andew Swiger bought shares of the embattled oil giant on Thursday. It is the second big Exxon Mobil stock buy this week.Read full newsRead More
"Read full newsRead More
Rhodium is having a moment as the most expensive traded metal, but which other metals make up the most expensive metals, and where are they mined?Read full newsRead More
Stocks gave up an early rally and turned slightly lower Friday after New York became the latest major state to mandate nearly all workers stay home to limit the spread of the coronavirus.Read full newsRead More
"QMX Gold Closes Previously Announced $6.8 Million Bought Deal with Strategic Investments by Eric Sprott and O3 Mining https://t.co/oC4SqzvHOj @QMX_Gold @ResourceNews #GoldNews $QMX"Read full newsRead More
PMR Red Lake Neighbour Discovery#gold #copper #VMS #redlake #preciousmetals #discovery #pmr...Read full newsRead More
"Pan African Resources (#PAF) says it has rolled outRead full newsRead More
Volkswagen will raise the amount of nickel used in it electric car battery cells...Read full newsRead More
Based on insider sentiment, the US market is approaching fair-valued territory. However, we still do not have a signal that a durable floor has been built. We quickly explain what we are watching in this week's Insights. We also layout our basic framework for economic outcomes in wake of the COVID-19 crisis. Click here to read.Read More
MONTREAL, March 17, 2020 /CNW Telbec/ - MONARCH GOLD CORPORATION ('Monarch' or the 'Corporation') (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is ...Read full newsRead More
The mid-tier gold miners' stocks have been annihilated with COVID-19 fears infecting traders' sentiment. They crashed with gold getting hammered on extreme gold-futures selling! With blood in the streets, the buy-low opportunities are phenomenal. The fundamentally-superior mid-tier gold miners have epic upside potential during gold's next upleg. This key sector just reported outstanding Q4'19 resu...Read More
There are a number of “rules” being thrown at investors during this stock market crash. Unfortunately, depending where you look, a lot of these rules seem to contradict one another. Where one analyst says buy now with stocks so low, another says you should be selling to hold onto cash, while still another recommends staying put and not doing anything until the markets rebound.While the...Read More
The price of gold dropped back below US$1,500 in recent days after hitting a multi-year high near US$1,700 per ounce. Gold bulls now wonder if this might be the opportunity they are waiting for to add gold stocks to their Tax-Free Savings Account (TFSA) portfolios.Gold rallyThe gold rally of 2019 began in late May amid concerns that the trade dispute between the United States and China would exten...Read More
The price of gold has finally started to see some appreciation, as uncertainty in equity markets begins to creep into market sentiment. At the time of writing, US$1,600/ounce gold has aided in a decent valuation bump for many gold producers compared to a year ago. Investors expect to see higher margins over the long term should these new levels hold.The impact of ETFsWhat is interesting to note is...Read More
Las Bambas copper mine in Apur?-mac, Peru. (Image courtesy of Minera Las Bambas). Producers across South America, where the bulk of the world's copper is produced, have halted or cut back operations and slowed construction projects due to restrictions caused by coronavirus.Hong Kong-listed MMG said on Thursday that operations at its Las Bambas mine, with expected production in the 360kt range for...Read More
Altonorte anodes port of Antofagasta, Chile. Image: Glencore Copper was trending lower again on Friday, a day after staging a spectacular comeback from levels last seen during the global financial crisis more than a decade ago.Copper trading in New York was pegged at $2.132 a pound ($4,700 a tonne) in afternoon trade, on track for a weekly decline of nearly 14% and the lowest close since early 20...Read More
Cerro Moro gold-silver mine in Argentina. (Image courtesy of Yamana Gold) Yamana Gold (TSX: YRI; NYSE: AUY) announced on Friday a temporary, partial demobilization of its workforce at its gold-silver Cerro Moro mine in Santa Cruz Province, Argentina, in response to the government's declaration of mandatory social isolation to combat the spread of covid-19.Until March 31, the day the mandatory sel...Read More
AbCellera has already identified 500 potential antibodies that could potentially used to treat Covid-19 patients. A Vancouver biotech company that specializes in antibody discovery has partnered with American pharmaceutical company Eli Lilly and Co. (NYSE:LLY) to develop a new drug for the treatment and prevention of the Covid-19 virus.The private biotech developed what it calls a rapid pandemic...Read More