The Corporation will undertake an extensive 42,500-metre drilling program on Beaufor. Monarch will incorporate artificial intelligence technologie...Read full newsRead More
""The economy" isn't shut down. Far from it. Walmart & Dollar General & Amazon open.It just so happens that big-box mass merchandisers & online retailers responsible for flooding USA with crap from Communist China open.Meanwhile, family-owned shops, the backbone of USAclosed"Read full newsRead More
"GR Silver Mining Provides an Update on Gold and Silver Exploration Results at the San Marcial Project https://t.co/91nE21MFws"Read full newsRead More
A deadly virus spreads around the globe, killing and infecting millions.Read full newsRead More
There’s no denying that it’s a frothy market and metals investing is still dogged by uncertainty. But there are growth opportunities to be had despite many commodities still being undervalued. Some of them have huge upside potential.But which ones belong in your stock portfolio? Four metals. Four exemplary stocks. Let’s explore the options for investors seeking upside today in so...Read More
The yellow metal has been a proven winner in the market turmoil this year. While TSX stocks at large corrected 30% in just 20 trading days, gold and allied assets stayed notably stronger amid the pandemic crash. Some of the hardest-hit sectors, like aviation and hospitality, are still down about 50%, despite the recent bounce back. However, TSX gold miner stocks have surged almost 60% so far this...Read More
The coronavirus has hit the world in a way nobody could have ever expected. Economies have been shut down, throwing millions of people put out of work and forcing governments to act quickly to try to minimize the impact. One TSX industry that will see a big impact from this is gold stocks.There isn’t much that a lot of these governments can do. Plus, it’s unprecedented that so many peo...Read More
Cigar Lake underground uranium mine, Saskatchewan, Canada. Source: Cameco.com Cameco has announced that it is resuming production at the uranium hexafluoride (UF6) plant within its Port Hope conversion facility and its Blind River refinery in Ontario. The two operations are planned to restart the week of May 18 and ramp-up to full production by the week of May 25.On April 8, the company announce...Read More
It's hard to remember a time when U.S.-China relations were worse than they are now. I mean, it's bad. Really bad.The calls to punish China for its mishandling of the coronavirus are growing - in number, scale, and intensity.And China is responding with threats, propaganda, cyberattacks, and military muscle.The rising tensions are unmistakable. They could even lead to an all-out war.I know becau...Read More
Nordberg HP900 cone crusher Credit: Metso Metso has introduced the Nordberg HP900 series cone crusher for the aggregate and mining markets.The HP900 is designed to bring operators increased performance at reduced capital costs and is an upgrade to the well-known HP800 cone crusher that has more than 175 installations with approximately 80% of the parts compatible between the two models. HP900 co...Read More
Image from Team 1305. On April 3, Vale (NYSE: VALE) launched a covid-19 challenge in Canada to help generate innovative solutions during the pandemic by offering financial support of up to C$1 million. Nearly 1,800 solutions were submitted globally and over 300 came from Canada."The participation on this initiative was incredible, exceeding my expectations and is a great example of how open inn...Read More
Aurora gold mine, Guyana. (Image courtesy of Guyana Goldfields) Gran Colombia Gold (TSE: GCM) has announced that it has signed a definitive agreement for a business combination with Gold X Mining. The company has also submitted a proposal to acquire Guyana Goldfields in an all-share deal, which, on April 27, announced a $105-million cash-and-stock sale to China-focused Silvercorp Metals.The...Read More
Dixie Lake drilling in Ontario's Red Lake District - Image courtesy of Great Bear Resources. Great Bear Resources (TSX: GBR) announced on Monday that it has intersected the deepest and highest-grade interval to date on its flagship Dixie gold Project in the Red Lake district of Ontario.The company said that drilling intersected deep extensions of the Dixie Limb around 740 metres below surface and...Read More
Here are five Fastmarkets stories you might have missed on Monday May 11 that are worth another look.A second wave of Covid-19 infections will hit the global commodities markets even harder than the initial outbreak, market sources told Fastmarkets on May 11.The London Metal Exchange will not rush back into trading on the open outcry ring and is happy with the effectiveness of the current ele...Read More
Singapore energy trader ZenRock engaged in "dishonest practices", according to court filings made by HSBC to seek to remove the company's management and appoint auditor KPMG in charge. Court documents seen by Fastmarkets detail what HSBC describes as "a series of highly dishonest transactions," where ZenRock used the same cargo of crude oil to obtain at least two, but potentially several, lots of...Read More
The three-month lead price on the London Metal Exchange continued to climb into the closing session on Monday May 11, climbing by more than 1.6% to its highest level in three weeks, while steady buying in zinc futures kept the galvanizing metal's forward price above nearby support levels. The lead price closed at $1,671.50 per tonne on Monday afternoon, its highest closing price since April 20, wh...Read More
Here are five Fastmarkets stories you might have missed on Monday May 11 that are worth another look.A second wave of Covid-19 infections will hit the global commodities markets even harder than the initial outbreak, market sources told Fastmarkets on May 11.The London Metal Exchange will not rush back into trading on the open outcry ring and is happy with the effectiveness of the current ele...Read More
The latest data for the global manganese ore market for the week ended May 11, 2020.Read More
Capitan is in a district near a town called Penoles where the Jesus Maria, San Raphael and Capitan mines were previously operated, although the plan is not to restart the former mines.Read More
The diversified miner made the response among a series of answers to shareholder questions which were posed in writing this year, due to the COVID-19 restrictions on its annual general meeting last week. Anglo American said its thermal coal operations in South Africa constituted a "strong and attractive" business but the company had been reducing its thermal coal production footprint f...Read More