LaSalle Exploration Corp. is pleased to report the discovery ofRead full newsRead More
It took just nine odd months for stocks to fully recover from the pandemic crash. Even if you missed the epic rally, it’s no big deal. TSX stocks might continue to rally, as the pandemic will not be as dreadful as it was this year. Here are three top stocks for beginners to bet on in 2021.B2GoldGold and gold miner stocks witnessed a huge downward pressure last month when the vaccine news bro...Read More
Warren Buffett is one of the most revered investors of modern times — and for good reason. The Oracle of Omaha has consistently beaten the S&P 500 Index for close to six decades and his words of wisdom has allowed investors to create massive wealth in the long-term.All of Warren Buffett’s investment moves are closely watched to gauge the way he thinks about where the markets are he...Read More
Warren Buffett shocked the world when he revealed his stake in gold miner Barrick Gold (TSX:ABX)(NYSE:GOLD) after years of slamming gold and not being the biggest fan of the capital-intensive mining stocks. Gold is an unproductive asset, and it won’t pay you over prolonged periods of time.Although Barrick does have an attractive dividend policy, with a juicy, growing 1.56% dividend yield at...Read More
Unless you've been living beyond the hinterlands, you've been blitzed by 5G ads by now, I'm sure.The biggest beneficiaries of 5G tech so far? The marketing staff of phone makers and carriers.Here's the thing though. The numbers are in, and 5G - for lack of a better term - kinda sucks.Here's the thing about THAT though - it's good for us.The marketing blitz for 5G from the big names in the business...Read More
There is an old saying in the investing world in regards to figuring out which way the economy is going to go. That saying is that a person should always watch the price of copper because copper is the first metal to fall in price when there is a recession coming and the first to rise in price when times are getting good. Of course this saying goes back to when everything was related to housing be...Read More
Dec 10, 2020 Guest(s): Thomas Kaplan CEO, Electrum Group For the first time in 20 years, Thomas Kaplan, CEO of Electrum Group, has launched a new public silver producer. In an exclusive interview with Kitco News, Kaplan talks about his silver and gold projects and his outlook for the precious metals.In November, The Electrum Group went public with Gatos Silver (NYSE: GATO, TSX: GATO), which rais...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 10 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) was close to concluding negotiations with automotive producers to raise its prices for steel under annual contracts in 2021 by 30-45% across different products, commercial director Luis Martinez said...Read More
The London Metal Exchange three-month nickel price rallied 4% and four metals in the base metals complex - tin, nickel, copper and zinc - set new 2020 highs during trading on Thursday December 10 on rising expectations for the approval of a Covid-19 vaccine in the United States. The three-month nickel price was at $17,430 per tonne on Thursday at 5pm, 4.35% higher than its Wednesday evening price...Read More
Hydro will be looking to strengthen its position in low-carbon aluminium as part of its 2025 strategic direction, the producer said during its capital markets day on Thursday December 10. The producer said over the past year it has seen increased demand for its low-carbon brand products, Hydro CIRCAL and Hydro REDUXA, and greater demand is expected also in 2021. "We have generated cash, cut costs...Read More
Bob Moriarty ArchivesDec 10, 2020I got a call yesterday about something else but was told something that concerned me greatly. Along with the rest of the industry, I have believed that as the summer drill programs ended in the US and Canada that assay labs would soon catch up. Well, it is not going to happen. Like many others I was under the impression the labs had just not geared up for all the i...Read More
New York-based BlackRock, which has about US$7.Read More
The mandate is to identify and support further innovation in the sector, provide training for workers to adapt to new technologies, and establish regulatory excellence, environmental management and low-carbon approaches."We're at a crucial point in time when it comes to growing the mining sector in BC," said the newly reconfirmed Energy, Mines and Low Carbon Innovation minister Bruce Ralston durin...Read More
Vancouver, BC, Canada, December 10, 2020 - LEAF Mobile Inc. (TSX.V: LEAF), announces that the special meeting of its shareholders, originally scheduled for December 11, 2020, will be cancelled.However, LEAF still intends to proceed with its previously announced acquisition of all of the outstanding securities of ESG (the "Acquisition"). LEAF intends to obtain minority shareholder approval by wa...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 10 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) was close to concluding negotiations with automotive producers to raise its prices for steel under annual contracts in 2021 by 30-45% across different products, commercial director Luis Martinez said...Read More
Key data from Fastmarkets' pricing session in London on Wednesday December 9. Key drivers Higher offers from China brought replacement costs up rapidly. Traders in Europe reported difficulty finding material, especially for antimony max 100 ppm Bi, below $6,400 per tonne for prompt delivery. Offers for delivery in...Read More
Ferrous scrap prices in the United States are facing more upside in January, in a market where supply is trying to catch up with demand. The strength of the ferrous scrap market has caught nearly everyone off-guard, with earlier predictions that the market had another $30-40 per gross ton to rise following the close of the November trade proving to be well below the actual settlements.&n...Read More
The Turkish deep-sea scrap import market was quiet on Thursday December 10, although prices remained firm, sources told Fastmarkets.A steel mill booked a European cargo at $377-378 per tonne cfr on an HMS 1&2 (75:25) basis, which raised the daily scrap indices by more than $12 per tonne on Wednesday, but the market was quiet on Thursday.There was talk of a sale from the United States at $400 per t...Read More
A recent sharp increase in Bangladeshi long steel prices has provided some much-needed respite to mill margins at a time of soaring import scrap costs, sources told Fastmarkets on Thursday December 10.Prices for Bangladeshi domestic rebar had been marooned at 55,000-55,500 taka ($638-643) per tonne since September, but prices were heard 5,500-6,000-per-tonne higher at 61,000 taka per tonne on Thur...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 10 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) was close to concluding negotiations with automotive producers to raise its prices for steel under annual contracts in 2021 by 30-45% across different products, commercial director Luis Martinez said...Read More