Local geologists hope Black Hills test drilling reveals a major gold discovery and boosts their geology consulting business.Read full newsRead More
Gold has been one of the best performing commodities in over a year, with the global gold price rising from close to $1,300 per ounce in the beginning of 2019 to about $1,630 per ounce in February 2020. The rise in price in 2019 was led by rising trade tension between US-China...Read full newsRead More
Cannabis SolutionsRead full newsRead More
SINGAPORE - Copper prices rose on Tuesday, after hitting a three-year low in the previous session, on signs of improving demand in top consumer China as factories slowly come back online foll...Read full newsRead More
Methane can be captured from human and animal waste and energy and heatingRead full newsRead More
LaSalle Exploration Corp. (TSXV:LSX) is pleased to announce that field exploration is set to begin in March on the Blakelock Gold Property.Read full newsRead More
What a year it’s been for uncertainty. Tension in the Middle East flared up just as the trade war was ending. And then the coronavirus erupted no sooner than the threat of war had been nipped in the bud. The TSX Index was down 10% at the start of the week. It’s certainly a tough time to stay bullish.However, great TSX stocks are selling for a fraction of their worth. Contrarians facing...Read More
Publisher's Note: Today, Mr. James Dines, "The Original Goldbug," brings you news of a major trend in the gold market that has flown under the radar for many investors.Read on for an excerpt from The Dines Letter and to hear about China's major moves in the gold market.Call it like you see it,Nick Hodge"Problems are messages." -Shakti GawainChina has been continuing its farsighted worldwide quest...Read More
Rescuers in Brumardinho, Brazil, following the collapse of the dam at the Corrego do Feij??o iron ore mine. Photo by Diego Baravelli, Wikimedia Commons. After the disasters of Mariana and Brumadinho, Vale (NYSE: VALE) said on Wednesday that will install an audit committee to improve company's corporate governance.The committee will assist the Board of Directors in supervising the internal audit a...Read More
Image from Wikimedia Creative Commons. ABN AMRO released on Wednesday a report that questions gold's traditional role as a safe-haven asset and predicts lower gold and silver prices for the rest of the year. In its report, the Dutch bank said it sees gold prices averaging $1,523 an ounce this year, up from its previous forecast of $1,490 but down significantly from current prices. The bank's pr...Read More
Building a bull market. Shanghai construction. File image. Copper and iron ore prices have held up surprisingly well as markets in the West belatedly come to grips with the coronavirus pandemic and China shifts focus from containment to rebuilding its economy following more than two months of inactivity. On Wednesday BMO Capital Markets held a conference call with PRC Macro, a consulting firm fo...Read More
Training underground (Credit: Nokia).Nokia will deploy its private LTE digital automation platform at Norcat's underground centre in Sudbury, Ontario, to establish an underground global mining innovation centre. Nokia is collaborating with Norcat and Canada's Centre for Excellence in Next Generation Networks (CENGN) to deploy the network connectivity. Nokia's automation cloud will enable secur...Read More
1.The US government is taking Corona very seriously, but only as it relates to the stock market. 2. Instead of trying to save burning stock market investors from an ongoing sleigh ride into the financial abyss, the government needs to start mobilizing the nation's armed forces... for the biggest mass disinfectant program in the history of America.3. Trump is gambling (with millions of l...Read More
Treasury Metals' Goliath gold project in Ontario.Credit: Treasury Metals. Treasury Metals (TSE: TML) and Platinex (CNSX: PTX) have entered into a non-binding agreement to consolidate their adjoining properties in northern Ontario's prospective Shining Tree district.Under the agreement, Treasury would transfer its wholly owned 50.5-sq.-km Shining Tree Fawcett East property to Platinex in exchan...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 11 that are worth another look.The enlargement of the quarantine zone in Italy to a nationwide reach has already started to affect steel output, with at least two long steel mills announcing production stoppages, sources told Fastmarkets on March 11.The first deal for second-quarter aluminium ingot supply to Japan has been...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 11.Please click...Read More
The London Metal Exchange three-month nickel price declined at the close of trading on Wednesday March 11, weakening against continued risk-aversion, while lead futures failed to hold above $1,800 per tonne. Nickel's outright price on the LME closed at $12,420 per tonne this afternoon, falling from an intraday high of $12,905 per tonne, while turnover was high with more than 9,500 lots exchanged b...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 11 that are worth another look.The enlargement of the quarantine zone in Italy to a nationwide reach has already started to affect steel output, with at least two long steel mills announcing production stoppages, sources told Fastmarkets on March 11.The first deal for second-quarter aluminium ingot supply to Japan has been...Read More
Jack ChanPosted Mar 11, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Speculation on gold is at a new high, but what's more important is, a new speculative bottom is now established. That will...Read More
Chile recorded a 0.4% year-on-year increase in copper production during January, as higher output from Escondida and Collahuasi offset declines from Codelco, Anglo American Sur and BHP's Spence, according to copper commission Cochilco.The country produced 459,100 tonnes of copper content in the first month of 2020, compared with 457,100 tonnes a year earlier, the commission said on Tuesday March 1...Read More