The Goodman School of Mines at Laurentian University and the Core Foundation signed a memorandum of understanding this week aiming to promote the school's education and research activities in Peru, Chile and Brazil.Osman Abou-RabiaThe Core Foundation is a non-profit organization dedicated to create new knowledge, discovery and innovation in Latin America."Countries like Peru need our strong...Read More
An overview of the noble alloys markets and the reasons for any price moves.Read More
After weeks of carping at each other, representatives of Barrick Gold Corp. and Newmont Mining Corp. met on Tuesday. Just what happened remains unclear.A spokesman for Newmont called the meeting "productive and a good starting point." Barrick didn't immediately comment. The talk came a day after Newmont's board rejected Barrick's hostile takeover bid, and the target company's CEO said he'd be will...Read More
Infill and stepout drilling on the southern portion of the property also demonstrated resource expansion potential. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release that further drill results from Dark Star showed an intersection of thick, near-surface intervals of oxide gold. "We are extremely pleased with the potential we are unlocking at Dark Star," CEO and Dire...Read More
The $6.02 million water rights transaction entered into in September 2018 is now closed. Quaterra Resources Inc. (QTA:TSX.V; QTRRF:OTCQX) announced in a news release its subsidiary Singatse Peak Services LLC closed the sale to an agricultural company of certain primary groundwater rights tied to its Yerington, Nev., property for $6.02 million, a transaction that is nondilutive to shareholders.Af...Read More
As Lion One moves forward with getting its low-cost, fully permitted Fiji gold mine into production, Dr. Quinton Hennigh joins the team as an advisor. Lion One's Tuvatu Gold ProjectThe mention of Fiji conjures pictures of pristine tropical beaches and pristine water. Fiji Water has become one of the top selling brands of imported water in the United States, and is intertwined, unexpectedly, with...Read More
The Global Mineral Professionals Alliance (GMPA) announced the launch of the Global Action on Tailings initiative, aimed at dealing with the challenges around mine waste, particularly tailings.The GMPA is an organization comprised of the Australasian Institute of Mining and Metallurgy; the Canadian Institute of Mining, Metallurgy and Petroleum; the Peruvian Institute of Mining Engineers; the Insti...Read More
China's largest steel mill, Hebei Steel, has cut its monthly purchase price for silico-manganese for the third consecutive time amid lower spot prices. The mill has offered to buy silico-manganese at 7,780 yuan ($1,160) per tonne for March delivery. The price includes delivery costs and payment through an acceptance draft, according to market sources in China. The latest tender is about 120 yuan l...Read More
Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.Privateer Gold is the owner of the Surespan gold property, which is made up of crown granted mineral claims and mineral tenures that cover approximately 13 square kilometres...Read More
This is the twenty-first century equivalent of the Nazis taking out the books from university libraries and burning them. Can you think of Continue...Read More
Import prices for stainless steel in East Asia increased over the past week, as the nickel uptrend prompted steelmakers in the region to raise their offers again.Fastmarkets MB's weekly import price assessment for benchmark 304 stainless 2mm trimmed cold-rolled coil in East Asia was $2,060-2,150 per tonne cif on Wednesday March 6, up $30-50 per tonne from a week earlier. Fastmarkets MB's weekly im...Read More
Prices for hollow steel sections in the domestic European market were largely stable on Wednesday March 6 but producer-led increases could take effect soon, market sources told Fastmarkets.Fastmarkets' domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week on Wednesday at ?,?630-650 ($713-736) per tonne delivered."Higher p...Read More
Steel beam prices in the domestic Northern European market have narrowed while prices in Southern Europe moved upward this week on higher offers and improved demand, sources told Fastmarkets on Wednesday March 6.Fastmarkets' weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe narrowed by ?,?10 per tonne to ?,?610-635 ($690-719) per tonne delivered on Ma...Read More
Wall Street heard updates on the U.S. trade deficit and private-sector payrolls todayEarly morning reports that President Donald Trump was pushing for a U.S.-China trade deal to boost the equities market ahead of the 2020 presidential election did little to lift stocks today. Instead, traders reacted to a round of uninspiring economic data, including a bruising update on the U.S. trade deficit and...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
Booking and Delta stocks may be ready to jump higherTravel names Delta Air Lines, Inc. (NYSE:DAL) and Booking Holdings Inc (NASDAQ:BKNG) are making notable moves, just two of multiple travel stocks in focus today. Below, we'll dive into how DAL and BKNG have been faring on the charts, and see why history indicates now may be a good time to bet on the shares' next leg higher.Delta Moving Average...Read More
The drugmaker has more than doubled todayThe Dow is lower today, dragged down by lackluster economic data. However, three stocks making notable moves higher today are drugmaker Bio-Path Holdings Inc (NASDAQ:BPTH), wearable tech firm Fitbit Inc (NYSE:FIT), and tech name Zayo Group Holdings Inc (NYSE:ZAYO). Here's a quick look at what's got the shares of BPTH, FIT, and ZAYO soaring today.BPTH R...Read More
The recent rally showed quite a bit of promise.Gold stocks surged past their long-term moving averages while breadth indicators surpassed all prior bear market peaks (excluding 2016). 71% of the HUI and 81% of GDXJ closed above the 200-day moving average.GDX and GDXJ looked to be on their way to $25 and $37, with Gold approaching $1360/oz and those breadth figures on the way to hitting 90%. Howeve...Read More
By: Ira EpsteinApril Gold - continuation of thrust to the downside. Some big dumping of positions in this market. Where the market is looking to gain traction is near its 100DMA and..Read More
By Avi GilburtWhile there is some religious significance in Roman culture, the Ides of March is best known as the date on which Julius Caesar was assassinated in 44 BC at a meeting of the Roman Senate.At the time, a seer named Plutarch (some claim that the seer was named Spurinna) had warned that something would happen to Caesar by that date. For those that know their Shakespeare, on his way to...Read More