U.S. equity index futures were lower this morning. S&P 500 futures were down 25 points in pre-opening trade.Index futures were virtually unchanged following release of the Weekly Jobless Claims report at 8:30 AM EDT. Consensus was an increase to 215,000 from 212,000 last week. Actual was 211,000Best Buy added $1.97 to $71.14 after reporting higher than consensus first quarter earnings. Target...Read More
China's domestic stainless steel prices widened upward over the past week amid continued strong demand fromend users. The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,000-14,300 yuan ($2,027-2,070) per tonne including value-added tax for the week ended Wednesday May 22, widening up 200 yuan per tonne from a week earlier......Read More
I recently paid my family's full annual car insurance premium up front. It was painful to see it all go at once but worth it knowing I would have paid more if I stretched out the monthly payments. Shopping around for the best price on auto insurance is one of life's many mundane but necessary tasks. Lucky for you, I recently switched providers and did a whole lot of research beforehand to figure o...Read More
The United States' reduction of tariffs on Turkish steel imports to 25% from 50% last week will only partially reopen the US market to Turkish mills, who should avoid raising prices if they are to successfully regain a share in that market, several sources told Fastmarkets this week. The US has lowered its tariffs on steel imports from Turkey to 25% effective Friday May 17. Duties had been at...Read More
The Thursday, May 23 issue of The Guardian, a large British news organization, includes a story on contamination by poly- and perfluoroalkyl substances (PFAS) on and around some US military bases. Titled "A Trail of Toxicity," the piece features Mines professor Chris Higgins, who was recently awarded an EPA grant to continue his research on the subject. From The Guardian:Chris Higgins, a professo...Read More
From Forbes: "Dr. Juan Lucena leads Humanitarian Engineering (HE) at Colorado School of Mines. The program brings together engineering and social science professors to transform the ways engineers are taught to think, define and solve problems with communities. ...'We don't presume that we know more than countries we want to serve,' said Lucena. That intellectual humility sets apart the Mines prog...Read More
The increased polarity and hardening of political stances in the U.S. - combined with the flip last election to Democratic Party control of the U.S. House of Representatives, and its committees - is bearing fruit that's potentially poisonous to miners in the form of highly restrictive legislation proposed by Rep. Ra??l Grijalva's (D-Ariz.), who chairs the House Natural Resources Committee, and co-...Read More
Hot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resourcesWhite Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corp"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingHowever, by 2012, this second leg was wobbling....Read More
Hot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resourcesWhite Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corp"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingHe describes Xanadu's Kharmagtai copper district...Read More
Canada-based B2Gold Corp. is considering buying an idled Zimbabwean gold mine - if it can be exempted from a law that requires producers to sell all the metal to the country's central bank, people familiar with the situation said.If a transaction with owner Metallon Corp. is concluded, B2Gold will invest $150 million to $200 million developing the Shamva gold mineSecuring an exemption may open the...Read More
QMX Gold Corp. of Toronto has asked Hon. Sergio Marchi to join its board of directors. He has held a number of positions in both the private and public sectors, most recently as president and CEO of the Canadian Electricity Association. He is also a former federal Cabinet minister.Toronto's Barkerville Gold Mines has named Sean Masse the VP of operations. He was formerly mine manager at the New Af...Read More
Zambia's Chamber of Mines on Thursday delivered further signs of a major global undersupply of copper about to hit the market by announcing that the country's output of the metal could be as much as 100,000 tonnes lower than last year.The industry lobby group attributed the expected drop in production to changes to mining taxes introduced in January, which is driving companies to cut output."The n...Read More
Chile's Chemical and Mining Society (SQM), the world's second largest producer of lithium, expects demand for the key component in the batteries that power electric vehicles and cell phones to grow at "double-digit rates" this year.Reporting quarterly earnings, the Chilean miner said that despite prices being affected by new supply entering the market, the commodity will remain strong due to risin...Read More
Dunnedin Ventures (TSXV: DVI) announced that it has closed the acquisition of 100% of the Mohave copper-molybdenum-silver porphyry project in Mohave County, Arizona, from Bluestone Resources.Mohave is a 10-square-kilometre property located in the mineral producing Basin and Range Province of Arizona and 33 kilometres west of Freeport McMoran's Bagdad copper porphyry mine.According to Dunnedin, lim...Read More
State-controlled China Communications Construction Co (CCCC) and iron ore miner Vale SA have agreed to set up a steel mill in Brazil's northern state of Par?? with a $450 million investment, the state's government said on Thursday.Vale confirmed in a separate statement that it had signed a protocol of intentions to support the financial structure of the flat-rolled steel laminating venture by issu...Read More
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"Constantine Finalizes Lease Agreement on Johnson Tract Property, Alaska and Provides Details for Spinout of Gold Assets into HighGold Mining https://t.co/iDq1NOS1hn"Read full newsRead More
"Peak (@PEAKPOSITIONING) (#CSE: $PKK) Files Q1 2019 Results Marking 4th Consecutive Quarter of Revenue Growth [https://t.co/c4GRNcu9pr]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #investment #fintech #finance #technology #tech #moneymoves"Read full newsRead More
Precious metal miners led the declines on Canada's main stock index on Tues...Read full newsRead More
"American Manganese (@AmerManganese) (#TSXV: $AMY | #OTC: $AMYZF) Begins Testing of the Final Stages of the RecycLiCo Pilot Plant [https://t.co/gCsuSmp2vY]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #BatteryRecycling #CleanTech #LithiumIon"Read full newsRead More