The Canadian company is Colombia's largest underground gold and silver producer. (Image courtesy of Gran Colombia Gold.) Gran Colombia Gold (TSX: GCM) announced on Tuesday that it produced a total of 18,129 ounces of gold in May, about 98% of gold production in the same month last year. The largest underground gold and silver producer in Colombia reported total gold production for the first five...Read More
Weekly Reports |Jun 16 2020While last week was another of little activity in uranium markets, attention turned to progress on global decarbonisation and nuclear power's role therein.-No virus impact on reactors-Nuclear build plans slowing-US electricity could be 90% carbon-free by 2035By Greg PeelWhile the effects of the pandemic on global energy demand are still being measured and forecasted, no...Read More
Here are five Fastmarkets stories you might have missed on Tuesday June 16 that are worth another look.Swedish stainless steel producer Sandvik is to cut 429 jobs from its Sandvik Materials Technology division later this year because of the negative impact on business of the Covid-19 pandemicFerrous scrap prices have ticked up slightly in Mexico, although overall steel production and industrial ac...Read More
The unveiling of the US Federal Reserve's corporate bond purchase program late in the European trading day on Monday June 15 revived investor confidence in commodities on Tuesday, boosting LME three-month base metals prices. Donald Trump's administration is currently considering a potential infrastructure bill valued at nearly $1 trillion, fueling risk-on sentiment across the LME base metals compl...Read More
China has released a minimal amount of quotas in its eighth announcement in 2020 to allow importers to source copper and aluminium scrap from overseas, Fastmarkets understands. An extra 1,570 tonnes of copper scrap and 5,840 tonnes of aluminium scrap could be allocated for import into the country this year, the environmental ministry said on Tuesday June 16.So far...Read More
"Despite the recent correction, the S&P 500 has recouped most of its losses since the start of the crisis; the FTSE emerging market index and Africa index are substantially improved; the BovespaRead More
Wage would not comment on the specifics of the various Australian SOP projects, which include Agrimin's Lake Mackay, Reward Minerals' Lake Disappointment and Salt Lake Potash's Lake Way projects, butRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce that the Company has launched its complete portfolio of 4G cellular signal boosters at Amazon.com which includes the Uniden (R) U60C 4G Home/Office Cellular Signal Booster Kit, Uniden (R) U65C 4G Home/Office Cellular Signal Booster Kit, Uniden (R) U65P 4G Home/Office Ft....Read More
Here are five Fastmarkets stories you might have missed on Tuesday June 16 that are worth another look.Swedish stainless steel producer Sandvik is to cut 429 jobs from its Sandvik Materials Technology division later this year because of the negative impact on business of the Covid-19 pandemicFerrous scrap prices have ticked up slightly in Mexico, although overall steel production and industrial ac...Read More
Prime minister Scott Morrison said yesterday that delays in approvals under the Environment Protection and Biodiversity Conservation Act 1999 cost industry A$300 million alone in 2019.Read More
The electric vehicle (EV) sector will continue to find support in the medium term despite the overall impact of Covid-19 on global automotive output in 2020, according to battery materials manufacturer Umicore. The Belgian company anticipates a 25% decline in total global automotive production this year, but while the coronavirus and its impact on the global economy have clouded the outl...Read More
Here are five Fastmarkets stories you might have missed on Tuesday June 16 that are worth another look.Swedish stainless steel producer Sandvik is to cut 429 jobs from its Sandvik Materials Technology division later this year because of the negative impact on business of the Covid-19 pandemicFerrous scrap prices have ticked up slightly in Mexico, although overall steel production and industrial ac...Read More
China has released a minimal amount of quotas in its eighth announcement in 2020 to allow importers to source copper and aluminium scrap from overseas, Fastmarkets understands. An extra 1,570 tonnes of copper scrap and 5,840 tonnes of aluminium scrap could be allocated for import into the country this year, the environmental ministry said on Tuesday June 16.So far...Read More
Turkish steel producers continued to stay away from the deep-sea scrap import market, but the current firm prices could soon start to rise if demand for rebar grows, sources said on Tuesday June 16.After booking nine deep-sea cargoes, totalling 250,000 tonnes last week, the Turkish steel producers have been quiet since the start of this week.They are still expected to book more cargoes,...Read More
Markets were stronger across the board this morning, Tuesday June 16, reversing the weakness seen at the end of last week and during early trading on Monday.The Federal Reserve's action to extend buying to a wider base of corporate debt suggests the central bank will "do whatever it takes" to support market sentiment, and indeed markets, if it can. Base metals prices on both the London Metal Excha...Read More
KENORA - The Ontario government is investing more than $2.3 million in seven broadband projects that will support rural and Indigenous communities in Northern Ontario. This funding will connect northerners to reliable broadband infrastructure that will allow people to stay in touch with family and friends, access public services and work and run a business from anywhere.Broadband investments made...Read More
Share this articleTORONTO - RNC Minerals has changed its name and stock ticker.The Toronto-based mining company now known as Karora Resources Inc. will have its stock trade beginning Wednesday under new symbols.Shares and warrants will trade under the symbols KRR and KRR.WT respectively.RNC says the new name more accurately reflects its business focus on growing gold production in Western Austral...Read More
The electric vehicle (EV) sector will continue to find support in the medium term despite the overall impact of Covid-19 on global automotive output in 2020, according to battery materials manufacturer Umicore. The Belgian company anticipates a 25% decline in total global automotive production this year, but while the coronavirus and its impact on the global economy have clouded the outl...Read More
CBLT Inc. (TSXV: CBLT) is a natural resource company, targeting cobalt in ethical traceable mining jurisdictions. We learned from Peter Clausi, CEO of CBLT, that they were able to finance the Company on a non-dilutive basis, by selling off some of their cobalt assets for very high profits. Near term plans include acquiring silver properties in North America, either past producers or grassroots gre...Read More
Gold has been a great investment for the last five years. It has gone from $1,320 an ounce to $1,779 an ounce with just a few hiccups.At the moment, the price of gold is a bit off its all-time high and sits at $1,731.It's not as cheap as it was, but it is far from a mania...I've yet to hear a taxi driver or waitress tell me to buy gold. The strip mall stores are closed, there are no "buy gold" com...Read More