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At least 60 miners were in the two disused shafts when they were flood on Tuesday, according to the government.Read full newsRead More
"Mondias Natural Products Inc - A new agriculture/natural health product company expanding across Canada! Read more here: https://t.co/p5cDqkVBRi $NHP #NHP#momentumstocks #hotstocks #smallcap#mondias#mondiasnaturalhealth"Read full newsRead More
"Resource Big News Roundup: Energy Fuels is Producing and Shipping Vanadium; Pasinex Announces 2018 Production Results and 2019 Guidance for Pinargozu; Margaret Lake Acquires Kiyuk Lake Gold Property https://t.co/KfiZF7Cuh5 #resource #investing"Read full newsRead More
For the first time ever, scientists from Los Alamos National Laboratory had a peek inside the structure of the Ram's Horn, a 263 gram, 12-centimeter tall wire gold specimen considered one of the few of its kind.Using neutron characterization techniques, the researchers were able to take a look to try to better understand how the shiny object was formed."Almost nothing other than the existence of t...Read More
This week, Panoramic Resources (ASX:PAN) sent out the first shipment of bulk nickel/copper/cobalt concentrate from its Savannah mine in Western Australia to Lianyungang, China.The shipment is making the news because its contents were produced after Panoramic was able to reopen the mine, which had been placed on care and maintenance in May 2016. The miner was waiting for a recovery in the nickel pr...Read More
A rebound in the oil sector in recent weeks has investors wondering which energy stocks might offer some attractive upside potential on an extended recovery.Let's take a look at Cenovus Energy (TSX:CVE)(NYSE:CVE) to see if it deserves to be on your buy list.Tough runFalling oil prices, pipeline bottlenecks, and some ill-timed management decisions have hammered Cenovus in recent years, resulting in...Read More
After overpromising and failing to deliver for almost a decade, intermediate gold miner Gran Colombia Gold Corp. (TSX:GCM) appears to finally have found its footing. Not only has it made substantial improvements to the operations of its flagship Segovia properties, but it has also bolstered its balance sheet and simplified its capital structure. Those positive developments saw Gran Colombia gain 4...Read More
Gold has been on a tear since late 2018, gaining over 3% for the year to date and buoying gold miners. The growing optimism surrounding the outlook for the yellow metal makes now the time for investors to bolster their exposure to gold. One intermediate gold miner that, according to some pundits, appears attractively valued is Yamana Gold (TSX:YRI)(NYSE:AUY).Intermediate miner focused on South Ame...Read More
When investors think of investing in gold they think of bullion, large established gold miners and precious metals streamers. While many of these can be worthwhile means of bolstering exposure to the yellow metal, it is the smaller junior miners and explorers that offer the potential to obtain outsized returns. Since the start of 2019, junior miner Lundin Gold Inc. (TSX:LUG) has soared by 17%. Reg...Read More
Nemaska Lithium (TSE: NMX) announced on Monday it has terminated a multi-year supply agreement with Livent Corporation that would cost the Quebec company up to $20m to settle.The deal with Livent, spun out of US lithium major FMC Corp last year, saw Nemaska provide up to 8,000 tonnes per year (28,000 tonnes in total during the term of the contract) of lithium carbonate starting in April this year....Read More
* Investors bet on progress at Sino-U.S. trade talks * Nikkei rises to 2019 high, China blue chips bounce * European car stocks fall 0.4 percent on U.S. fears * Oil prices hits highest for year as supply tightens (Updates prices throughout)By Karin StroheckerLondon, Feb 18 (Reuters) - Hopes for progress in Sino-U.S.trade talks and expectations of policy stimulus from centralbanks lifted world stoc...Read More
The results of the survey by the London Bullion Market Association of analysts' predictions for the gold price in 2019 is another example of just how unpredictable financial markets have become.The LBMA, a standards setting body for the industry, says the average forecast by the 30 analysts polled calls for a modest 1.8% gain in the price this year. However, two-thirds of the analysts see gold rea...Read More
Copper's three-month price on the London Metal Exchange ended higher on Monday February 18 thanks to the downtrend in stocks and the potential for a thawing of US-Chinese trade relations.According to LME data, there are now two dominant warrant holding positions across 50-79% of LME stock and tom/next positions respectively."We are constructive on our outlook for copper prices in the next three mo...Read More
Copper concentrate treatment charges fell further in mid-February on expectations of tighter supply later this year, which could be reversed now that an Indian court's ruling to restart Sterlite Copper's 400,000 tonnes per year smelter has been overturned.Fastmarkets's copper concentrates treatment charges and refining charges (TCs/RCs) index declined to $74.20 per tonne/ 7.42 cents per lb for the...Read More
Base metals prices on the London Metal Exchange were mostly lower during morning trading on Monday February 18, with the three-month copper and tin prices rising while continued uncertainty over US-Chinese trade relations dampens investor sentiment. Climbing just short of 1% over the morning, the three-month copper price is trading back above the nearby $6,200 per tonne threshold, while total volu...Read More
On January 31st, Amazon reported an expected "beat" for Q4 revenue and net income. After the headline report hit the tape, the stock soared $59 to $1777 from the closing price ($1718) minutes earlier. But then the stock began plunging. It closed the after-hours session at $1635, down $142 from the earnings headline spike and down $83 from the NYSE close. The Company guided Q1 revenues down below t...Read More
Low grade ore prices rose strongly over the week ended Friday February 15 when some consumers accepted offer prices for March delivery that were increased over the Chinese New Year break. Low-grade ore prices rise strongly High-grade ore price increase Ferro-manganese prices in China and US increase Alloys in Europe fall Silico-manganese prices in China, US and India drop...Read More
The exploration company handed over the keys to Red Rock Resources chairman Andrew Bell and investor Paul Johnson.Read More
Fastmarkets' UG2 chrome ore price strengthened in China on Friday February 15 ahead of stainless steel production restarts after Lunar New Year, while alloy prices in Europe and the United States fell. UG2 records modest gainFerro-chrome prices hold in ChinaAlloy prices tick up in Japan, South KoreaAlloy prices weaken in Europe UG2 chrome ore prices edged up in China on Friday on anticipation of...Read More