(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
Blockchain image from Pixabay. Glasgow-based start-up Hypervine, announced Monday the start of a project, co-funded by the European Space Agency (ESA), to develop services using space-based data to improve efficiencies for extractive industries.Hypervine, through its blockchain ledger, enablessatellite-sourced information to guarantee accuracy, so quarry companies gainbetter oversight of their...Read More
Change always moves faster than we think.Many of our readers know that all too well as they took advantage of the early days in the marijuana boom.The same goes for the rapid adoption of renewables, especially solar, as it moved from a costly form of virtue signaling to the cheapest form of electricity generation in the nation.We're rapidly approaching another inflection point where a small segmen...Read More
BHP's Escondida mine is the world's largest copper producer located in Northern Chile. (Image courtesy of BHP) BHP (NYSE, ASX, LON: BHP) the world's biggest miner, released results for the second half of 2019 on Monday, announcing an interim dividend for shareholders of 65 cents per share - its second-highest on record. The declared dividend is 10 cents higher than last year, but lower than th...Read More
Mine trucks at Newmont's Porcupine mines. (Image courtesy of Newmont Goldcorp | Flickr) Colorado-based gold miner Newmont (NYSE: NEM, TSX: NGT) has reported gold mineral reserves of 100.2 million attributable ounces for 2019, the largest ever in company history. This represents a 53% increase over the 65.4 million ounces recorded in 2018 following the completion of two major transactions and thr...Read More
Here are five Fastmarkets stories you might have missed on Monday February 17 that are worth another look.Seaborne iron ore prices were up on Monday amid the gradual return of workers after the extended lunar new year holiday in China.The European Commission has initiated a review of existing safeguard measures into a number of imported steel products, it said on Saturday February 15.The market of...Read More
The three-month copper price on the London Metal Exchange was higher at the close of trading on Monday February 17, topping gains across the base-metals complex despite low trading volumes, while zinc gathered momentum over the afternoon but remained rangebound.Copper's outright price on the LME closed at $5,812 per tonne in the afternoon, its highest level since January 24 and breaching nearby re...Read More
Bob Moriarty ArchivesFeb 17, 2020There 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 out with a private placement so I bought into it. The market quickly unders...Read More
The market of last resort has just re-ignited copper's cash-and-carry trade in China for the first time since 2018.Shanghai Futures Exchange copper futures have been trading in a deep contango following the delivery of 106,959 tonnes of copper cathodes onto the SHFE over the past two weeks - the biggest fortnightly inflow on records stretching back to 2003."Recently, the February to March carry is...Read More
European markets closed higher yesterday, as did Shanghai's Composite Index which gained 2.28%.The World Health Organisation put the number of confirmed cases yesterday at 71,429 globally, with more than 1,770 deaths, with its tally now including both laboratory and clinically diagnosed cases.The world's biggest miner by market capitalisation, BHP (ASX: BHP), today reported a 29% jump in attributa...Read More