China's looming presence as a new buyer in the Asian seaborne scrap market has sparked concerns of tight supply in the region, including in Taiwan, sources told Fastmarkets this week. Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $448-450 per tonne on Friday January 8, narrowing upward by $3 per tonne fro...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 8. China Seaborne prices for both low- and high-grade ore soared after miners successfully raised their February offer prices following recent increases in the portside ore market. Bullishness in the alloy sector and yuan appreciation spurred buyers' purchasing appetite. Portside...Read More
January 8, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce the second round of drill results from its fall/winter exploration program at the Langis Mine Project located in the Cobalt Camp of Ontario. The assays for this round are from 14 holes totaling 1673.85m of NQ size core. Drill holes follow a fan-type array with depths ranging from 55m to 176...Read More
China's domestic battery-grade lithium carbonate market hit a 14-month high in the first trading week of the year after the price rose by 8% week on week on Thursday January 7 on soaring offer prices and heightened buying appetite.China's battery-grade lithium carbonate price hit a 14-month high due to continued tight supply and producers hiking up prices further. Chinese industrial-grade lithium...Read More
Intermediate miner Torex Gold (TSX: TXG) has released its 2020 operating highlights - last year, the company produced 430,480 gold oz., 130,640 of which were generated in the fourth quarter. The company's EL Limon Guajes mining complex in Mexico beat the revised production guidance of 390,000 to 420,000 gold oz. for 2020."We delivered another solid operational result to close out 2020, a guidance...Read More
With a strong outlook for the mining sector and few recent discoveries, companies are turning to low-risk under-explored frontiers in their search for new deposits and future mines. Below, we present eight companies focused on B.C., the Yukon and the Northwest Territories.Ascot ResourcesAscot Resources' Red Mountain project in B.C.'s Golden Triangle. Credit: Ascot Resources.Ascot Resources (TSX: A...Read More
Canadian mineral exploration and development company Buchans Resources has entered into a collaboration agreement with Boliden Mineral AB, a European-based mining and metals producer. Under the agreement, Boliden will evaluate Buchans' wholly-owned Buchans volcanogenic massive sulphide (VMS) base metals property in central Newfoundland, 56 km southeast of Deer Lake. The agreement is "a little l...Read More
After beating its production guidance for 2020 and reporting a record fourth quarter, Copper Mountain Mining (TSX: CMMC) is guiding a further 22% increase in production this year.The B.C.-based miner's 75%-owned Copper Mountain mine, 20 km south of Princeton, B.C., produced 77.6 million lb. of copper last year, compared with guidance of 70 to 75 million lb. copper. The mine also produced 29,227 oz...Read More
Outgoing U.S. President Donald Trump's administration is moving to loosen mining regulations and green light new mineral projects before leaving office this month, with successor Joe Biden unable to reverse some of the changes.Read full newsRead More
Chilean regulators have threatened Albemarle Corp with legal action, demanding that by week ?s end the world ?s top lithium miner present a plan for turning over data on its reserves of the ultralight battery metal, according to filings obtained by Reuters.Read full newsRead More
Hedge funds increased bets against major gold miners, filings reviewed by Reuters showed, as COVID-19 vaccines weakened expectations for the yellow metal after a year of record gains.Read full newsRead More
Hedge funds increased bets against major gold miners, filings reviewed by Reuters showed, as COVID-19 vaccines weakened expectations for the yellow metal after a year of record gains.Read full newsRead More
The sales figures for all major electric car manufacturers for the full year 2020 are on the table. 100% more e-cars were sold compared to the same period last year. But even more significant for the future is that vehicles with electric motors have overtaken pure combustion engines in new deliveries. The disruptive replacement is in full swing. However, shortages are emerging in the raw materials...Read More
Extreme Vehicle Battery Technologies (ACDC) has revealed the specifications for the impending launch of its IoniX Pro Home Smart Wall.Read full newsRead More
We have been hard at work negotiating deals in select gold and silver exploration companies. In our hedge funds, we have been investing in private placements...Read full newsRead More
Gold79 Mines Ltd. announces that Minaurum Gold Inc. and its whollRead full newsRead More
Rokmaster Resources Corp. is pleased to announce the resumption oRead full newsRead More
Amex Exploration Inc. wishes to provide an update on its exploratRead full newsRead More
Those with Registered Retirement Savings Plans (RRSP) ought to consider following what Warren Buffett has recently done. The Oracle of Omaha has recently added exposure to one of the best Canadian stocks out there right now: Barrick Gold (TSX:ABX)(NYSE:GOLD).Here’s why I think this is one of the best portfolio additions for those with RRSPs right now.Hedging is more important...Read More
Market crashes are the times when fortunes are lost and made. A lot of an investor’s relative success (or losses) in a market crash are tied to predicting the timing of the crash and recovery. To make educated guesses, investors often observe the moves that institutional investors market giants like Warren Buffett are making. This helps them deduce (with reasonable accuracy) in which directi...Read More