While quarterly conference calls can be company-specific, there’s huge value in paying attention to the information that management teams reveal, even if you’re not invested in their stocks.Earlier this month, Kirkland Lake Gold Ltd (TSX:KL)(NYSE:KL) revealed its first- quarter results for 2019. Executives jumped on a call with analysts to discuss what happened and why.If you’re...Read More
The world's largest miner, BHP (ASX, NYSE: BHP), has lifted its forecasts for the global adoption and sales of electric vehicles (EVs), but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure does.BHP now estimates that at least 132 million EVs will be on the world's roads in 2035, and at least 561 million by the middle of the...Read More
The creator of one of the world's largest indoor rainforests, UK-based charity The Eden project, has partnered with aluminum giant Alcoa (NYSE:AA) to build a $150 million eco-tourism attraction at the company's former Anglesea coal mine, in Australia.The parties estimate the project could create 300 full-time jobs and attract thousands of visitors if it gains the support of the community, finds f...Read More
"There's nothing more interesting than the landscape of the human face."- Irvin Kershner, Director, Star Wars: The Empire Strikes BackI want to talk about your face...It's easily the most recognizable piece of you - for better or worse, depending on said face.Your face has the highest range of muscle fiber in your body; 43 muscles are linked to your facial expressions alone. In fact, the human fac...Read More
Toronto-based Wallbridge Mining Company must be pleased with the recent drill results at its Fenelon gold project, 75 km northwest of Matagami. Several new holes have cut wide zones of mineralization with intervals of visible gold extending Area 51 by 250 metres to the northwest.The results indicate the presence of stockwork-style gold mineralization with focused high grade veins and shear zones o...Read More
ATAC Resources of Vancouver is starting the first phase of exploration at its Rau project, at the western edge of the Rackla gold property 55 km northeast of Keno City. The current program will follow up on high grade gold-copper-silver results from last year.Phase one at Rau includes ground based induced polarization (IP) and magnetic surveys over a 12 km2 area including the Bobcat target and the...Read More
Vancouver-based Osprey Gold Development is planning to drill three of its five historic gold properties in Nova Scotia. The company can acquire a 100% interest in all five of the properties.The Goldenville project in Guysborough County is Osprey's most advanced project and the province's largest historic gold producer. The project hosts inferred resources of 2.8 million tonnes at 3.20 g/t gold or...Read More
May 21, 2019 Guest(s): Alex Laugharne Principal Consultant, CRU Group In the next five to ten years, the electric vehicle (EV) revolution will likely dominate the nickel space and will be sending prices much higher, this according to Alex Laugharne, principal consultant of CRU Group. Laugharne said that nickel sulfide producers and the metallurgical laterite producers, who are most closely linke...Read More
The major gold miners' stocks are drifting sideways with gold, their early-year momentum sapped by the recent stock-market euphoria. But they are more important than ever for prudently diversifying portfolios, a rare sector that surges when stock markets weaken. Their just-reported Q1'19 results reveal how gold miners are faring as a sector, and their current fundamentals are way better than beari...Read More
A summary of base metals premiums from across the globe for the week to Tuesday May 21.Please click...Read More
The majority of London Metal Exchange base metals prices continued to trade up during the afternoon session on Tuesday May 21, with the complex largely following the equities markets on their upward trajectory.LME base metals prices largely ignored relatively thin trading volumes, shrugging off the potential suppressing influence of a strengthening US dollar, with the Dow Jones index climbed...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended higher Tuesday after the Commerce Department eased restrictions on China's Huawei Technologies. Home Depot (HD - Get Report) rose slightly after beating first-quarter earnings expectations but missing on same-store sales growth. Kohl's (KSS - Get Report) missed Wall Street's first-quarter earnings expe...Read More
News that Hydro's Alunorte alumina refinery will return to full capacity, after the production embargo was removed, did little to stop the recent increase in alumina prices.Fastmarkets' benchmark alumina price settled at $366.25 per tonne on May 21, up from $362.88 per tonne day on day and a 6% increase from $345.01 per tonne on May 10 when the index fell to its lowest since August 24, 2017. "Alun...Read More
Reuters report in which the news service discovered that almost all of the solar cell production at Tesla's solar factory in Buffalo, New York is being sold overseas, primarily to a large Asian buyer. Tesla's Solar City business was given $750 million in State subsidies to build the plant in NY in exchange for employing at least 1,460 people and spending $500 million per yer in the State over...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMay 21, 2019“Buy in July to watch your gold stocks fly!”That’s a time-tested mantra from “Goldlion”, who picks the junior mining stocks for my Graceland Juniors newsletter. Sadly, this is not July.It’s the month of May, and May is part of the soft demand...Read More
Steve Savilleemail: sas888_hk@yahoo.comPosted May 21, 2019The price of platinum has pulled back from an early-April high of US$920 to$833, meaning that it has 'corrected' by almost 10% in a little more than amonth. Over the same period the price of the Physical Platinum ETF (PPLT)has dropped from around US$86 to US$78.79. Both platinum and PPLT are now trading very close to their respective 200-da...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday May 21 that are worth another look.The United States' removal of Section 232 tariffs on Mexican steel products is likely to underpin a slow recovery in Mexico's ferrous scrap market, market participants said. News that Hydro's Alunorte alumina refinery will return to full capacity, after the production embargo was removed, did l...Read More
The raising, which will be conducted in two parts, has an issue price of A6.5c per share, a 7.1% discount to yesterday's close. A single-tranche placement will raise up to $20.Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce the completion of the integration of its Mesh API intelligent content distribution platform with Shopify.Venzee's channel partners can now connect their clients directly to Shopify through Venzee Mesh API to automate the distribution of complete, accurate, and consumer-relevant product at...Read More
A summary of base metals premiums from across the globe for the week to Tuesday May 21.Please click...Read More