Spot prices for imported ferrous scrap in China were stable on Friday April 16 even with Chinese steel mills continuing to seek out cargoes of HRS101, the Chinese grade for plate and structural scrap.The highest bids heard for such cargoes were $500-501 per tonne cfr northeastern China, though mills that are not actively seeking material or those that harbor bearish sentiment are bidding at $485-4...Read More
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) hopes to develop Canada's next gold camp at its 100%-owned Indin Lake gold project in the Northwest Territories, about 220 km north of Yellowknife, says Keyvan Salehi, the company's president and CEO. The property has "the right land position and geological setting and structures to host significant gold deposits and has the potential to become a major go...Read More
Skeena Resources (TSX: SKE; US-OTC: SKREF) released an updated resource estimate for the company's flagship Eskay Creek gold-silver project. Located in the Golden Triangle district of northwestern British Columbia Eskay Creek is a past-producing underground mine first discovered in 1988, that Skeena initially optioned from Barrick Gold (TSX: ABX; NYSE: GOLD) in 2017, before acquiring 100% ownershi...Read More
China has given domestic and international banks permission to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices after months of declines.China is the world's biggest gold consumer, gobbling up hundreds of tonnes of the precious metal worth tens of billions of dollars each year, but its imports plunged...Read More
About 150 tonnes of gold worth $8.5 billion at current prices is likely to be shipped following the green light from Beijing.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
Figure 1 Location of Tintina Concession TORONTO, April 13, 2021 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd (TSXV: QGR, OTC: QGLDF, FRA: QX9G) ("Q-Gold" or the "Company") is pleased to announce that it has signed a binding Letter of Intent ("LOI") with Quantum Energy and Gas, LLC ("Quantum") to acquire 90% of the rights on the mining title for the highly prospective Tintina concession (the "Mining Ti...Read More
China has given domestic and international banks permission to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices after months of declines.China is the world's biggest gold consumer, gobbling up hundreds of tonnes of the precious metal worth tens of billions of dollars each year, but its imports plunged...Read More
FireFox Gold Corp. is pleased to report that it has encountered cRead full newsRead More
Empress Royalty Corp. is pleased to announce the execution of theRead full newsRead More
The CRA has probably been in the headlines more times in 2020 than the past five years put together. The department has been on the frontline, battling the financial repercussions and consequences of the pandemic. The CERB and CRB programs, along with other benefit payments targeting the financial victims of the pandemic, were the primary reason why the CRA was highlighted last year, but there hav...Read More
China's crude steel, hot metal and finished steel production all rose sharply year on year in March and the first quarter of 2021, according to data released by National Bureau of Statistics (NBS) on Friday April 16.March productionCrude steel: 94.02 million tonnes, up by 19.1% from March 2020Hot metal: 74.75 million tonnes, up by 8.9% year on yearFinished steel: 119.87 million tonnes, up by 20.9%...Read More
When it comes to analyzing gold and gold prices there seems to be no limit to the explanations of cause and effect. The number of things presumed to be fundamental, or which are correlated to gold, has grown exponentially as gold receives more attention in the media and from the public. The state of confusion that exists regarding gold and gold prices is exacerbated by the contradictions and confl...Read More
My research team and I continue to believe the Cannabis/Alternative sector is poised for a big trend in 2021 and 2022. Over the past few years, this sector has continued to trend lower after the hype of 2016~2018 – back when everyone was getting into the Cannabis industry as multiple US states authorized recreational and medical use. After the 2018 peak, followed by the early 201...Read More
The gold miners’ stockssuffered a rocky start to 2021, rolling over into an extended correction aftera young upleg prematurely failed. Theresulting deeper lows left sentiment overwhelmingly bearish, with thiscontrarian sector deeply out of favor. But over the last five weeks or so, gold stocks have powered higheragain in another young upleg. This onehas a far-stronger founda...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.In both Europe and the United States, the prices of most flat steel products have pushed to record highs in the weeks to Monday March 22. They remain slightly below their mid-2008 peaks in China, but are at multi-year highs there too.This illustrates in part the heavier consequences of the Covid-19 pandemic for steelmakers in...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese seamless linepipe prices have jumped by $120 per tonne over the past month because of rising costs. With iron ore prices remaining elevated, scrap costs on the rise, and activity at steel mills curbed by environmental measures, steel billet has become difficult to source, bolstering the prices for seamless linep...Read More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More
With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More