Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
In honor of Valentine's Day, when lovers all over the world are pledging to give one another their hearts, I wanted to spend some time discussing the heart.Not in that intangible, loving sense, but literally giving someone your heart...In December of 1967, South African surgeon Christiaan Barnard made medical history when he inserted the heart of a dead man into the living body of another.It was t...Read More
News out this week is that there is strong interest in cannabis among senior citizens.Upon reading this news, a very prominent investor and friend emailed me. (I won't say his name, but you would know who it is if I did.)His email read simply: Too late.What he means is that if the elderly are now hip to weed... it's too late to make any profits. Akin to Joe Kennedy and the shoeshine boy, or your m...Read More
Wolfden Resources, headquartered in Thunder Bay, Ont., has the results of diamond drilling at its 100% owned Orvan Brook property near Bathurst. The property is only 15 km from the active Caribou zinc-lead mine.A longitudinal section of the Orvan Brook deposit. (Image: Wolfden Resources)The company drilled 10 holes - four on the West lens and six on the East lens - for a total 0f 2,649 metres late...Read More
Toronto-based Nighthawk Gold Corp. continues to explore its Indin Lake gold property. Work done in 2018 included 2,153 grab and channel samples that led to the discovery of new high grade gold showings.Gold showings and targets at the Indin Lake gold property. (Image: Nighthawk Gold)The company also drilled the first ever holes at the Swamp target. This is a newly defined and laterally extensive g...Read More
The Mining Association of BC (MABC) is commending the provincial government for its Budget 2019 commitment of $20 million, over three years, in additional funding for the Ministry of Energy, Mines and Petroleum Resources.MABC has advocated for an adequately resourced system that functions with clarity, consistency and co-ordination. This advocacy was echoed in the recommendations from the Mining J...Read More
First Mining Gold (TSX: FF; US-OTC: FFMGF) says positive interim metallurgical test results for its Springpole gold project, located 110 km northeast of Red Lake, Ontario, could increase the project's gold recovery 13.2% to 90.6% and silver recovery 11.9% to 95.1%.M3 Engineering and Technology and ALS Metallurgy completed the flotation testwork on material from Springpole. They then performed...Read More
The world's two biggest gold miners both announced mega-mergers over the past 5 months or so. These huge deals briefly garnered some interest in the usually-forgotten gold-stock sector, and fleeting praise from Wall Street analysts. But gold-stock mega-mergers are bad news for gold-miner shareholders on all sides. They reveal the serious struggles of major gold miners, and really retard futu...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed higher Tuesday, coming off its eighth straight weekly gain. The Nasdaq edged higher - it has closed higher for six straight sessions.Walmart Inc. (WMT) rose 2.23% to $102.22, after the world's largest retailer posted adjusted earnings in its fourth quarter of $1.41 a share, beating analysts' f...Read More
Seasonal financial analyst Don Vialoux says his 'best buy' for the coming months is the base metals sector, and the easiest way to play the sector is through exchange-traded funds, he adds. He picks three global base metals ETFs and two copper ETFs, a metal he is especially bullish on.Copper inventory and prices are low. A US-China trade agreement could create a surge in demand for the 'red metal'...Read More
Wide contangoes on the London Metal Exchange were supporting global aluminium premiums on Tuesday February 19, with premiums in Europe, the United States and Japan all rising. Contango on LME offsets slow demand for duty-unpaid metal in Europe.Market participants in Asia expect higher premiums on wide spreads.US Midwest premium increases week-on-week in liquid market.Brazil aluminium premiums mixe...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 19.Please click...Read More
A consortium of metals and mining industry participants has teamed up with a blockchain technology firm to develop a platform to improve supply chain management and create efficiencies in the sector.Following its series on the role of blockchain in commodities trade finance, Fastmarkets looks next at the digitization of supply chain management.A consortium of metals and mining industry participant...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 19, 2019As US markets re-open after the holiday, the world’s “queen of assets” continues her glorious ascent to higher prices.Please click here now. Double-click to enlarge this magnificent short term gold chart.The rise above $1332 ushers in my new short-term target:...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday February 19 that are worth another look.The London Metal Exchange has released the fees for its new cash-settled futures contracts to be launched on March 11, three of which - an aluminium premium contract, an alumina futures contract and a cobalt contract - are settled against Fastmarkets MB price benchmarks. Hot metal rem...Read More
Chinese exporters were seen raising vanadium offer prices amid stronger sentiment following the market's return from the Chinese New Year holidays, sources told Fastmarkets.Chinese vanadium export offers tick up European ferro-vanadium market flat on inactivity European vanadium pentoxide (V2O5) prices firm following stronger Chinese sentiment US ferro-vanadium prices widen amid activity incr...Read More
A consortium of metals and mining industry participants has teamed up with a blockchain technology firm to develop a platform to improve supply chain management and create efficiencies in the sector.Following its series on the role of blockchain in commodities trade finance, Fastmarkets looks next at the digitization of supply chain management.A consortium of metals and mining industry participant...Read More
The London Metal Exchange has released the fees for its new cash-settled futures contracts which will be launched on March 11, three of which are settled against Fastmarkets MB benchmarks.The cash-settlement fee for the aluminium premiums contracts will be $0.35 per leg, per side of the trade, per lot, the LME said on Tuesday February 19. The aluminium premiums suite includes a duty-unpaid Eu...Read More
Heath laughs at this now, but it underlines the oddity of his company, which has two royalties on producing mines and sends half of its cashflow back to investors. That will see a C0.15c (US0.Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce it is supplying various departments of the RCMP (Royal Canadian Mounted Police) in the Atlantic region of Canada, with its UCP100 in-vehicle cellular device and accessories.The UCP100 is the Company's first 3G in-vehicle cellular device made available in 2013 through cellular...Read More
The Turkish scrap import market continued to be quiet on Tuesday February 19 because of the slow rebar and billet sales in the country, sources told Fastmarkets.The mills in the country were still struggling to sell rebar and billet in both the domestic and export markets, so they were delaying their raw material purchases, Fastmarkets heard."Turkish producers were expecting to sell some rebar to...Read More