Here are five Fastmarkets MB stories you might have missed on Friday February 14 that are worth another look.China's domestic hot-rolled coil prices continued to fall on February 14 on low demand, though participants in the export market are holding out for a rebound once the novel coronavirus (2019-nCoV) outbreak comes under control.The LME Week Asia 2020 seminar has been postponed and the LME As...Read More
North American markets are closed for public holidays today.Base metals all finished the week lower on the London Metal Exchange."The entire complex finishes in the red in part due a build-up in exchange inventories in Shanghai," Marex Spectron's Dee Perera said.She said copper inventories in the Shanghai Futures Exchange warehouses jumped 27%, to levels not seen since March 2019.Gold is on the ri...Read More
In this week's Insights, our insider of the week has led AltaGas (ALA) up the INK Edge charts and into the INK Canadian Insider Index. Meanwhile, the Index and inflation expectations are showing some early signs of regaining momentum as Washington intervenes relentlessly to prop up asset prices ahead of November. Finally, we highlight our most popular video on social media over the past week.Clic...Read More
Bob Moriarty of 321gold profiles an exploration junior with a high-grade project in the Juneau gold belt. There are a ton of tiny juniors out there who are taking advantage of a more favorable financing market to cash up and get cranking. One, with a tiny market cap of about $5 million at the time, contacted me a few weeks back with an interesting story. They wanted to advertise and were coming o...Read More
Here are five Fastmarkets MB stories you might have missed on Friday February 14 that are worth another look.China's domestic hot-rolled coil prices continued to fall on February 14 on low demand, though participants in the export market are holding out for a rebound once the novel coronavirus (2019-nCoV) outbreak comes under control.The LME Week Asia 2020 seminar has been postponed and the LME As...Read More
Here are five Fastmarkets MB stories you might have missed on Friday February 14 that are worth another look.China's domestic hot-rolled coil prices continued to fall on February 14 on low demand, though participants in the export market are holding out for a rebound once the novel coronavirus (2019-nCoV) outbreak comes under control.The LME Week Asia 2020 seminar has been postponed and the LME As...Read More
RAPAPORT... Revenue from Angola's national diamond-trading company, Sodiam, rose 6% in 2019 as the company sold a higher volume of rough goods.Proceeds for the year came to $1.3 billion from the sale of 9 million carats of rough diamonds, compared with 8.4 million carats in 2018, the government said in a Facebook post last week. That offset a 10% drop in the average price to $137 per ca...Read More
RAPAPORT... A drop in the recovery of large stones and a decline in the average price achieved for rough from the Let??eng mine led to a decline in sales for Gem Diamonds in 2019.Proceeds fell 32% to $182.1 million, the miner said last week, with sales volume slumping 11% to 111,291 carats. The average price plunged 23% to $1,637 per carat, while production went down 10% to 113,974 carats for...Read More
RAPAPORT... Star Rays revealed its intention to be the first Indian diamond company to become carbon-neutral, arguing that greener credentials will help attract consumers to the product.The Mumbai-based manufacturer aims to reduce travel, produce less plastic waste, and clean up its energy use, and is taking advice from a consultancy firm specializing in the area."Singlehandedly we can't chan...Read More
(IDEX Online) - Jewelry exporters in India are seeking to extend lines of credit as the coronavirus hits one of their biggest markets, according to reports on the Business Standard website.An estimated $2 billion of payment receivables are currently stuck with jewelry importers in China, which is effectively in lockdown. The country accounts for almost 30 percent of India's total jewelry trad...Read More
(IDEX Online) - Botswana is set to conclude negotiations with De Beers on a diamond sales agreement that replaces the current 10-year deal, which expires in January. As part of the new agreement, the government of Botswana wants an increase in the volume of diamonds cut and polished in the country. The bump in business will create jobs and boost the country's economy. "We are lookin...Read More
Spotlight-shy Daniel and Marinette Sedin, and Henrik and Johanna Sedin, have been behind so many worthy but unpublicized causesRead full newsRead More
TORONTO, Feb. 14, 2020 (Canada NewsWire via COMTEX) -- Mistango River Resources Inc. (mis:CSE)(mis:Read full newsRead More
TORONTO, Feb. 14, 2020 (Canada NewsWire via COMTEX) -- Mistango River Resources Inc. (mis:CSE)(mis:Read full newsRead More
An evidence-based and unbiased free cannabis education resource for medicinal and adult-use cannabis consumers.Read full newsRead More
Website: www.osinoresources.com Primary ticker: TSXV:OSI Stage of development: Exploration Primary minerals: Gold Project to promote: Karibib Project / Twin ...Read full newsRead More
Spotlight-shy Daniel and Marinette Sedin, and Henrik and Johanna Sedin, have been behind so many worthy but unpublicized causesRead full newsRead More
"High Grade Gold Intersections Discovered by Seahawk Ventures Inc. 2019 Diamond Drill Program https://t.co/yMI90FbZXo @SeahawkVentures #ResourceNews #Gold $CHV"Read full newsRead More
As far as this analyst is concerned, there are two major problems with mining stocks.The first is the dependence on a commodity that nobody can predict, never mind control. There are a million things that can impact the price of gold, copper, or iron ore. General economic demand can sink a commodity, but so can a big, new mine putting the supply-and-demand curves all out of whack. None of this is...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) has enjoyed a nice rally since the middle of last year and investors are wondering if the bounce is the beginning of an extended recovery.Let’s take a look at the current situation in the gold market and try to decide whether this might a good time to add Barrick Gold to your portfolio.Global uncertaintyGold is widely viewed as a safe haven asset and cash of...Read More