Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
TORONTO, June 18, 2020 /CNW/ - Orion Mine Finance announced today an update in respect of its beneficial ownership of common shares of Lundin Gold...Read full newsRead More
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developmentsRead full newsRead More
Income investing has been a staple for decades. In recent years, the dividend-growth strategy has grown in popularity as record-low interest rates make bonds and GICs much less attractive. As a result, several retail investors adopt this investing strategy as a means to build strong and sustainable income. There are two types of dividend-growth stocks: Canadian Dividend Aristocrats and up-and...Read More
The past few years of trade disputes and lumber tariffs might suggest otherwise, but Norbord (TSX:OSB)(NYSE:OSB) could be a big deal. Norbord might not be a growth stock just yet, but the case for a lumber industry breakout is growing steadily stronger.While long-term positions are more favourable to low-risk investors with broad financial horizons, it’s an interesting exercise to peruse sho...Read More
Geoverse offers more reliable and secure wireless connectivity (Stock Image) Geoverse, a provider of private LTE and 5G solutions, has announced that its existing GeoCore network service platform can now support licenced wireless spectrum.This solution combines low-band licenced 600 MHz and 700 MHz spectrum with CBRS (Citizens Broadband Radio Service) to form a high-performance and reliable priv...Read More
Earlier this week, the Federal Reserve loaded a new round of fodder into its money cannon, blasting $250 billion into the private sector to buy up corporate debt.Just throw that onto the $3 trillion the Fed had already conjured up since February.Indeed, on February 26, the size of the Federal Reserve's balance sheet was $4.16 trillion. But as of June 10, it had soared to $7.17 trillion, meaning $3...Read More
View to the south of the historic C-D pit at Liberty Gold's Black Pine gold project in Idaho. Credit: Liberty Gold Reverse-circulation drilling at Liberty Gold's Black Pine project in Idaho has discovered a third zone of oxide gold mineralization - D-3 - underneath the historic drilling boundary.The new zone is currently defined by three holes: two of these, LBP125 and LBP129 are 450 metres apa...Read More
Janice Lake property. Image from Transition Metals Corp Rio Tinto (ASX, LON, NYSE: RIO) has started exploration at Forum's Janice Lake sedimentary copper/silver project in northern Saskatchewan, Canada.The major is earning up to an 80% interest in the project from Forum Energy Metals, which has optioned the property from Transition Metals.Crews have begun construction of the 50 person camp on t...Read More
Simandou deposit, Guinea. (Image courtesy of Rio Tinto.) Chinese steel company Baowu is at the head of a group of steelmakers seeking to develop the massive Simandou iron mine in Guinea, taking over from Aluminum Corp. of China (Chalco) as it seeks to secure supply of the raw material, Caixin Global reported Tuesday.The state-owned giant wants to develop the iron ore mine after acquiring shares...Read More
Image courtesy of Fosterville South Exploration Australia-focused gold miner Fosterville South Exploration (TSXV: FSX) is spinning off two gold projects to create a new company to be listed on the TSX Venture Exchange.On Tuesday, the company's board of directors unanimously approved a spin-out transaction whereby Fosterville will distribute shares of a new company - Leviathan Gold - to its shareh...Read More
The coronavirus hurt gold mining stock Agnico Eagle's production and drove up its costs. But cash flow is healthy and it should earn significant free cash flow in the second half.Agnico Eagle expects its quarterly gold production to return to Q4 2019 levels.Given the COVID-19 pandemic, Agnico's first quarter was challenging. Gold production and unit costs were negatively impacted in March as the c...Read More
Here are five Fastmarkets stories you might have missed on Tuesday June 23 that are worth another look.A recent resurgence of Covid-19 infections in Beijing led to some jitters in China's steel sector in the initial stages of the outbreak, but market participants do not expect this second wave to leave much of an impact on the industry.The aluminium duty-paid market in Europe is set to come under...Read More
Hong Kong's Noble Group notched a $206 million loss in the first quarter of 2020, with the company citing the breaking of supply chains due to the Covid-19 outbreak as the key reason for the slump, the trading group announced on Tuesday June 23."Q1 was dominated by the impact of the Covid-19 pandemic, which has had far-reaching implications for every business and sector, including ours," Noble cha...Read More
The LME three-month copper price maintained slim gains made during the day, closing up 0.4% on Tuesday June 23, with high turnover buoyed by US financial stimulus optimism, while stock outflows added further price support. The London Metal Exchange three-month copper price held above the $5,900 per tonne psychological level to close at $5,905 per tonne this afternoon, up from $5,880.50 per tonne o...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJune 23, 2020With a new tail wind of significant ETF tonnage growth, gold bullion continues to sport the best charts of all the major asset classes.Pleaseclick here now. Double-click to enlarge.The $1800 area is significant resistance and gold arrived at this resistance zone as its weak pr...Read More
Here are five Fastmarkets stories you might have missed on Tuesday June 23 that are worth another look.A recent resurgence of Covid-19 infections in Beijing led to some jitters in China's steel sector in the initial stages of the outbreak, but market participants do not expect this second wave to leave much of an impact on the industry.The aluminium duty-paid market in Europe is set to come under...Read More
The total debt of the company will remain at just under $2 billion, but at a lower average interest rate and longer average due date.Read More
The Covid-19 pandemic and its effects on steel production, mining and manufacturing activity, consumption, trading and logistics have dominated the noble alloys markets in the first half of 2020.Among the complex, the molybdenum market fell the furthest in percentage terms, with ferro-molybdenum prices down by 14% and oxide prices down by 13% in both Rotterdam and Busan.Supply concerns in South Am...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry, is pleased to announce that it has restructured the royalty agreement ("Restructured Royalty Agreement") with its portfolio company QVI Inc. ("QVI"), which is now in operation at its newly opened cannabis-infused product manufacturing facility...Read More