The Attawapiskat, Fort Albany, and Neskantaga First Nations in the James Bay lowlands of Ontario, Canada have declared a moratorium on "any development in or to facilitate access to the Ring of Fire mining area," stating that their territories and rights stand to be seriously and permanently desecrated by massive-scale mining in the minerals-rich region in the province's north.The Ontario governme...Read More
Lift-off for Highfield ResourcesSPONSOREDhighfield resourcesKodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperCapella to bring new life to Norway's historic copper sectorSPONSOREDcapella minerals ltdHot Chili rises to the topSPONSOREDhot chiliAdvice dispensed last week by two of the big names in the world of investment banking highlights the sharp divide between experts...Read More
The S&P/TSX Venture Composite Index rose 1.86% to finish the trading week at 960.84. Spot gold fell US$3 per oz., or 0.17%, to US$1,730.30 per ounce.Rusoro Mining rose 2 ? to 8 ? per share. At the end of March, the French Supreme Court overturned a decision by the Paris Court of Appeal that had annulled part of the damages portion of the arbitral award granted to Rusoro in its decade-long dispute...Read More
The Dow Jones Industrial Average rose 0.24% to finish the week at 33,153.21 and the S&P 500 fell 0.77% to 3,913.10. Spot gold dropped US$3 per oz., or 0.17%, to US$1,730.30 per ounce. AngloGold Ashanti jumped US$1.95 to US$22.98. Interim CEO Christine Ramon said on March 31 that the company does not need to pursue mergers and acquisitions and won't add scale for its own sake, dampening specul...Read More
Broad division in investment banking communityRead full newsRead More
Copper production down on 2020Read full newsRead More
Ready Set Gold Corp. is pleased to announce the results of the fiRead full newsRead More
ALX Resources Corp. is pleased to announce that its exploraRead full newsRead More
Investors focus on growth and ignore diversification while investing for the long term – – and not just sectoral diversification. Your portfolio should also be prudently balanced with aggressive and defensive stocks. Aggressive stocks will fetch higher returns in bull markets, while defensives will provide stability in downturns. Here are three such TSX stocks that offer decent growth...Read More
In less than 24 hours, the attack will be on.The target: gold.Gold prices are set to post their worst quarterly losses since at least 2016.And the gold haters are set to have a field day with new fodder.Spot gold was trading at just around $1,685 an ounce this morning. That's about $200 (10.5%) lower from where gold started in January - and represents one of the largest first-quarter fumbles for g...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 7 that are worth another look.Indian suppliers exhausted their second-quarter quota for shipments of hot-rolled coil into Europe on the first day of the new three-month period, according to data released by the European Commission (EC).https://www.metalbulletin.com/Article/3983087/Home/India-exhausts-EU-HRC-quota-on-first-d...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday April 7.Please click...Read More
The London Metal Exchange three-month lead price closed at its highest in a month on Wednesday April 7, while the rest of the base metals complex consolidated following a bullish pricing session on Tuesday. Lead's futures price, often the laggard on the LME, was the standout performer on Wednesday with a 1.3% rise to $1,993.50 per tonne at the 5pm close. This is its highest closing price since Mar...Read More
Bob Moriarty ArchivesApr 7, 2021Anyone that is a regular visitor to 321gold.com is well aware I am a contrarian. I’ve been an investor for fifty-five years. In my experience you can be a contrarian or you can be a victim. You need not know anything about investments or the stock market, or interest rates or any of the hoopla touted by everyone else as drivers of investing. However some under...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 7 that are worth another look.Indian suppliers exhausted their second-quarter quota for shipments of hot-rolled coil into Europe on the first day of the new three-month period, according to data released by the European Commission (EC).https://www.metalbulletin.com/Article/3983087/Home/India-exhausts-EU-HRC-quota-on-first-d...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday April 7.Key drivers The titanium markets in Europe were steady over the week, with the Easter holiday quietening trading activity while some market participants, particularly steelmakers, are still absent, trade sources said.More trading activity is due next week after market participants return in full following the holiday break....Read More
Disruptions in Brazil, the world's second biggest supplier of seaborne iron ore, were initially caused by the collapse of tailings dams, compounded by the rapid spread of the COVID-19 virus and aRead More
The latest data for the global manganese ore market for the week ended April 6, 2021.Read More
Chrome alloy prices declined over the week to Tuesday April 6 in response to market expectations that tight ferro-chrome supply in China would ease, sources said.Following signs of easing available supply in the domestic market, major stainless steel mills all lowered their ferro-chrome prices for April-delivery.As a result, Fastmarkets' ferro-chrome contract 6-8% C, basis 50% Cr, ddp China fell b...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:?EUR? Impressive advances in ore and alloy prices persisted in March, with most markets posting significant price gains. Strengthening demand from steelmakers along with supply shortages and depleted inventories in numerous markets, as well as freight and transportation...Read More