Vale SA investors must be asking themselves how the world's largest iron ore producer could allow an even more deadly repeat of Brazil's worst environmental disaster.The collapse of a tailings dam Friday in the state of Minas Gerais killed 58 people, with more than 300 still missing, and destroyed buildings. It's the second deadly disaster in about three years for Vale, which also co-owns the Sama...Read More
A deadly dam collapse is expected to keep Vale SA shares pressured in the short-term, as Friday's accident at the Feijao mine prompted 11.3 billion reais ($3 billion) in blocked funds and fines, leading the world's largest iron ore producer to suspend dividends.While sensing a limited impact to Vale's production, analysts highlighted risks including remediation charges, lawsuits, additional insp...Read More
"Hundreds are missing and Vale has tough questions to answer about its ability to protect workers and communities after the Brumadinho tailings disaster | https://t.co/L6djUqUsfL #Brumadinho $VALE"Read full newsRead More
PBOC fixed the yuan dramatically stronger against the dollar overnight, sending offshore yuan surging to its strongest against the dollar in six months.Read full newsRead More
Nearly half of Japan's key economic government statistics need to be reviewed with 22 discrete statistics, or roughly 40% of the 56 key government economic releases, turning out to beRead full newsRead More
Vendetta Mining (TSXV: VTT) announced that it has just received the results from an independent Preliminary Economic Assessment or PEA for its Pegmont lead-zinc project located in Queensland, northeastern AustraliaIn a press release, Vendetta explained that the PEA was developed by a team of independent consultants, including AMC Mining Consultants, GR Engineering Services, and AARC Environmental...Read More
Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) will not proceed with the construction of its C??t?(C) gold project, in Ontario, as it's waiting for improved market conditions before going ahead with the $1.15-billion investment, it said Monday.Chief executive Steve Letwin said his company had substantially de-risked the project, located in the Abitibi gold belt, and that it cont...Read More
Shares in Condor Gold (LON:CNR) climbed as much as 5.8% on Monday morning after it increased the mineral resource estimate at its 100%-owned La India gold project in Nicaragua, noting the potential for an expansion.The mineral resource update totalled 9.85 million tonnes at 3.6 grams per tonne of gold for 1.14 million of indicate ounces, a surge of 57,000 ounces from the previous update.The gro...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index ran into trouble marching through the 1100 level and soon pulled back to the low 1070s before rallying strongly into week's end. The Index closed at a 4-week high at 1097.43 for a 0.6% or 6.3 point gain. MACD fell from 6 to 0.17, while RSI which...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") is pleased to announce that it has intersected intervals of strong (>20,000 total cps on an RS-125 hand-held spectrometer) uranium mineralization at the Hurricane zone in the first two drill holes following-up last summer's intersection in drill hole LE18-01A. The Hurricane zone is a new discovery of high-...Read More
Nicolas Carter is an executive vice-president of uranium at UxC LLC, one of the nuclear industry's market research and analysis companies. Carter has 21 years of nuclear industry experience. He manages and coordinates uranium consulting projects and products, including The Ux Weekly, Uranium Market Outlook, Uranium Suppliers Annual and Uranium Production Cost Study. During his career he has provid...Read More
by Morris HubbarttJan 28, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com and I...Read More
While the outlook for silver remains poor, the white metal has rallied significantly since hitting its lowest price since January 2016 to be trading at US$15.74 an ounce. Even after that strong rebound, silver is still down by 10% over the last year. There is, however, speculation that silver - along with gold - has entered a new bull market and will move higher over the course of 2019, making now...Read More
Hi there, Fools. I'm back to highlight three stocks that were recently upgraded by Bay Street. While it's always best to take professional ratings with a healthy dose of skepticism, newly upgraded stocks can often be a good starting point for further research.Remember, it's the investment thesis behind the upgrade - not the upgrade itself - that should matter to us most.So, without further ado, le...Read More
The price of gold surged above US$1,300 per ounce last week, hitting a high not seen in seven months, and investors are wondering if the rally is just getting started.Let's take a look at the current situation in the market and see if this might be a time to add one of the industry's largest players to your portfolio.Sustainable recovery?Gold bulls are finally seeing some relief after a seven-year...Read More
Higher gold, which sees the yellow metal recently breaking through the psychologically important US$1,300 an ounce mark and claims that it has entered a new bull market is a boon for gold miners. The VanEck Vectors Gold Miner ETF - where the world's 10 largest listed gold miners make up around 60% of its holdings - has gained almost 12% over the last three months. Not all gold miners have benefite...Read More
As gold continues to firm it is pulling its poorer cousin silver higher. The yellow metal has gained 2% since the start of 2019, recently breaking through the psychologically important US$1,300 an ounce barrier. For the same period, silver has gained 5% to be trading at around US$15.75 per ounce. And this, along with the gold-to-silver ratio requiring 82 ounces of silver to purchase a single ounce...Read More
Rainbow has been in production since late 2017, but said the extra cash from The Lind Partners was needed to keep the ramp-up going.Read More
Exploring the Pegmont lead-zinc project in Queensland, Australia. Source: Vendetta Mining Corp.Vendatta Mining Corp. [VTT-TSXV] shares were active Monday January 28 after the company announced the results an independent Preliminary Economic Assessment for its Pegmont lead-zinc project in Queensland, Australia.Vendetta is a Canadian junior exploration company, engaged in acquiring, exploring and de...Read More
Mariano Lamothe, Undersecretary of Mining Development and Undersecretary of Mining Policy of Argentina.There is no getting around the fact that Argentina faces a number of economic challenges; however, under President Mauricio Macri, in office since 2015, a number of policies have been put in place to attract foreign investment in the mining sector. This has resulted in Argentina's mining sector c...Read More