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CHINA GALLIUM SNAPSHOT: Price jumps amid continued rise in offers; buying interest recedes

August 14, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in China on Wednesday August 12. Key driversProducers in China continued to increase their offer prices this week after noticing that previously raised offers were accepted by buyers last week.But the continued rise in spot prices this week stifled some buying interest, according to market sources.Reduced supply in the spot market was cited as one of the...Read More

MORNING VIEW: Metals consolidate while traders await developments on US-China trade, US stimulus

August 14, 2020 / www.metalbulletin.com

Markets across the board were in consolidation mode this morning, Thursday August 13, with metals and Asian-Pacific equities mixed, while pre-market major western equity index futures were weaker. Traders seem to be waiting to see if US Congress can agree on a pandemic recovery fund and how the United States-China trade talks go this weekend when they review the phase one trade deal. High volumes...Read More

INTERVIEW: Greatpower chief says trading background gives it edge

August 14, 2020 / www.metalbulletin.com

Greatpower Technology Co's background in trading has made it more flexible in its operations and sensitive toward prices as a producer of nickel and cobalt, which will benefit it in the longer term, its president, Aaron Cao, said in a recent interview with Fastmarkets."Due to our trader origins, there were some obstacles when we initially transitioned to becoming a producer because downstream cons...Read More

China's stainless steel prices keep rising despite weaker demand

August 14, 2020 / www.metalbulletin.com

China's domestic and export prices for stainless steel maintained their upward trend over the past week despite lower demand than the preceding week.Nickel losses since last Friday sapped demand for stainless steel products, market sources said.The three-month nickel contract on the London Metal Exchange ended Tuesday August 11's official trading session at $14,185 per tonne, down by $248 per tonn...Read More

Brixton Metals Announces Closing of its $5.5M Private Placement

August 13, 2020 / brixtonmetals.com

August 13, 2020 - Brixton Metals Corporation. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has closed its previously announced non-brokered private placement of units and flow-through common shares of the Company for gross proceeds of C$5,501,682 (the “Private Placement“) with a lead order from Palisades Goldcorp Ltd., a strategic institutional...Read More

Endeavour Mining eyes dual listing in London or New York

August 13, 2020 / www.northernminer.com

Endeavour Mining (TSX: EDV), a Toronto-listed gold mining company with assets in West Africa, is assessing whether to dual list on either the London or New York exchanges as it looks to attract new investors following its recent acquisition of SEMAFO (TSX: SMF), its smaller rival in the region."We are going to move to one or the other," Sebastien de Montessus, Endeavour's director and CEO, said...Read More

Iamgold reports positive drill results at Monster Lake, Nelligan

August 13, 2020 / www.northernminer.com

Iamgold (TSX: IMG; NYSE: IAG) has reported the results of six drill holes completed at its 75%-owned Monster Lake joint venture project, 50 km southwest of Chibougamau, Quebec. The holes were drilled to the northeast and along strike of the Monster Lake structural corridor, which hosts an existing resource at the 325-Megane zone, and tested three additional shear zones within the 4-km long prospec...Read More

New South Wales approves Vickery coal mine expansion

August 13, 2020 / www.northernminer.com

The Independent Planning Commission of Australia's New South Wales government approved a US$607-million extension of Whitehaven Coal's (ASX: WHC) Vickery coal mine near Boggabri, in the state's northwest.The approval, however, was done with 184 conditions aimed at mitigating environmental and social impacts.Whitehaven was granted planning approval for Vickery in September 2014 but has yet to const...Read More

Shandong Gold calls on Canadian gov't to approve TMAC purchase

August 14, 2020 / www.northernminer.com

Shandong Gold Mining, one of China's top bullion miners, said its acquisition of a Canadian junior that owns the massive Hope Bay property in Nunavut should be approved for economic reasons.In May, the Chinese state-controlled miner signed a US$149 million deal to buy struggling TMAC Resources (TSX: TMR). The company, which went public in 2015, had seen its shares fall from a peak of C$10.77 in 20...Read More

Credibility shortage counts against Margaux

August 13, 2020 / www.mining-journal.com

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsMargaux is a TSX Venture Exchange company searching for a multi-million-ounce gold camp in northern British Columbia.Read More

RT @TheNationalUAE: US accuses Iran of raiding a ship in the Gulf @Joyce_Karam reports

August 13, 2020 / www.thenational.ae

Centcom releases video of helicopter troops storming vessel believed to be sailing under Liberian flagRead full newsRead More

Yes, gold prices will shine again. The best UK mining shares I'd buy now

August 14, 2020 / dlvr.it

The gold prices plunged yesterday. But this correction won't last for a long time, I think. Here're the best UK mining shares I'd buy now. The post Yes, gold prices will shine again. The best UK mining shares I'd buy now appeared first on The Motley Fool UK.Read full newsRead More

The Rally In Gold Mining Stocks May Barely Have Started

August 13, 2020 / dlvr.it

Suddenly gold investing is front and center again on Wall Street.Read full newsRead More

Straightup Resources Samples Up to 24.8 g/t Au at Belanger

August 13, 2020 / bit.ly

Straightup (CSE:ST) is pleased to announce the receipt of sample results from a recent visit to the Belanger PropertyRead full newsRead More

Brixton Metals Announces Closing of its $5.5M Private Placement

August 13, 2020 / bit.ly

Brixton Metals Corporation is pleased to announce that it has cRead full newsRead More

Brigadier Commences Preparations for Inaugural Exploration Program at Picachos

August 13, 2020 / bit.ly

Brigadier Gold Limited (TSXV:BRG) (FSE: B7LM) (theRead full newsRead More

These 2 Fired Up Small-Cap TSX Stocks Could Make You a Fortune

August 14, 2020 / www.fool.ca

Small-cap TSX stocks have notably outperformed their larger counterparts in the recent rally. Canadian shares at large have soared almost 50%, while the small-cap index has gained over 80% in the last four months. Let’s discuss two small-cap TSX stocks that have thrashed peers.Top TSX stock: Major Drilling GroupThe $500 million Major Drilling Group (TSX:MDI) offers mining and contract drilli...Read More

3 Recession-Resistant Stocks to Buy and Hold

August 14, 2020 / www.fool.ca

The resurgent virus and the uncertainty gripping the economy indicate that we are heading toward a recession. With an expected slowdown in the economy, it’s time to invest in stocks that are highly recession-resistant and offer steady growth. Here are three such names you can consider buying now.Kinross Gold As the threat of recession looms large, don’t forget to invest in the shares o...Read More

Buy Alert: The Top Tech and Gold Picks to Beat the Market

August 14, 2020 / www.fool.ca

In many ways, the gyrations of financial markets right now make no sense. I am still shocked by the speed and scale of the recovery we’ve seen in stock markets in Canada and around the world. That said, investors who have stayed invested and ridden their long-term strategy out have performed quite well.In this article, I’m going to discuss two stocks I see as outperforming over the nex...Read More

Gold: Hold Out for Both Marshmallows

August 11, 2020 / www.outsiderclub.com

Gold prices fell over the last couple days and today in particular.If you search for gold news right now it is all you'll find. Headlines about a bursting bubble or correction are all over.Correction? That's a pretty broad term to toss around considering it doesn't account for the "why" of it all, but sure, if you want to call it that then go ahead.Bubble? Certainly not. It isn't even close. Tha...Read More

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