VANCOUVER, BC / ACCESSWIRE / January 11, 2022 / Usha Resources Ltd. (Read full newsRead More
Teck Resources had received a strike notice from the union which represents most Highland Valley Copper miners. BNN Bloomberg's Jameson Berkow reports.Read full newsRead More
It's mid January, 2022. I wrote this column this week for one of Canada's major newspapers, the National Post, and thought I'd read it for those of you who w...Read full newsRead More
Indonesia has played a key role in global markets as a bulk materials supplier, but President Joko Widodo has pledged to eventually stop exports of all raw commodities to turn the country into a major manufacturing hub for electric transportation.Read full newsRead More
Teck Resources had received a strike notice from the union which represents most Highland Valley Copper miners. BNN Bloomberg's Jameson Berkow reports.Read full newsRead More
It's mid January, 2022. I wrote this column this week for one of Canada's major newspapers, the National Post, and thought I'd read it for those of you who w...Read full newsRead More
BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car.Read full newsRead More
Nickel prices surged to their highest since 2011 on Friday as a supply deficit ate into stockpiles and investors looked ahead to rising demand from electric vehicles.Read full newsRead More
If there is anyone still confused why ESG, and the entireRead full newsRead More
Gold and silver prices edged lower after a breakout on Wednesday. The US dollar continues to move lower, which provided some support for the yellow metal. However, U.S. Treasury yields declined following a softer than expected U.S. PPI figure. The wholesale price inflation numbers follow stronger than expected consumer price index data this week. Gold has struggled to break and retain above the $...Read More
Futures for TSX registered modest gains on Wednesday on higher prices. Investors remain cautious ahead of the Federal Reserve's latest meeting amid growing concerns about a tighter U.S. monetary policy. Gold prices continue to climb as rising Omicron virus cases supported its safe-haven appeal. Gold is 0.1% higher this morning, as it is trading trading slighlty below the $1,800 level. Other...Read More
Gold prices dropped 4.4% in 2021 against a strengthening dollar and new economic measures to combat the fallout of the global pandemic. Interest from investors continued throughout the year largely fueled by market volatility and economic uncertainty. Gold has traditionally served as a safe haven against inflation, but that wasn't the case this year. Consumer prices soared 6.8% in the 12 months t...Read More
The past week, gold prices continued to pick up overall, trading roughly at $1,785. A few days later, the price reached nearly $1,815 before falling again to $1,790 on Dec 21. But by midday December 22 gold was again on the rise, and is currently trading around $1,805. A clear resistant line is forming but gold doesn’t seem to stay below it. If the trend persists, $1,800 may be the new supp...Read More
Gold prices rose on Friday, marking their first weekly gain in five supported by a weakened US dollar. Bullion’s safe-haven allure was also driven by inflationary risks. Spot gold rose 0.7% to $1,812.03 per ounce by 8:18 a.m. ET, on course for about a 1.6% rise this week. U.S. gold futures rose 0.9% to $1,813.30. The rise for bullion came following the Fed announcing plans t...Read More
Futures for Canada's main stock index rose this week supported by gold prices that jumped to one-week high. Awaiting Bank of Canada's interest rate decision, the dollar and U.S. Treasury yields slipping were all contributing factors to stabilizing gold prices. As markets remain volatile at the end of 2021, it will be a while before gold prices are able to gain any traction. Gold ETF edged higher...Read More
After a month of trying to break through the support line of $1,800, gold continues to go sideways following the recent declines. Multiple factors are at play here, including a strengthening U.S. dollar, volatile stock prices and new variants of a mutating COVID virus, among other factors. For the time being, the biggest winners seem to be pharmaceutical stocks and cryptocurrencies, although vola...Read More
Amid the COVID-19 pandemic, we saw a fall in demand for silver as supply chain disruptions crippled the industrial sector. As it accounts for roughly 60% of the global silver consumption this had a severe impact on silver demand and silver prices. Investment interest was the only supporting pillar with the metal gaining on its safe-haven demand. As businesses resumed and we started seeing signs o...Read More
Mining companies enjoyed a boosted performance as gold prices continued to rise this week as well. This lifted Canada's main stock index on Wednesday after data showed inflation in October rose in line with the market and central bank expectations. At 9:45 a.m. ET (1445 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 23.97 points, or 0.11%, at 21,741.13. C...Read More
Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) (Read full newsRead More
The four locomotives, scheduled for delivery in late 2023, will be supplied by Progress Rail, a unit of Caterpillar, and Wabtec Corp.Read full newsRead More