Bob Moriarty ArchivesSep 15, 2020GSP Resources (GSPR-V GSRCF-OTCBB)put out a press release on the 8th of September that was at the very least poorly worded and confusing. They announced the start of a drill program at their Alwin copper mine adjacent to Teck’s Highland Valley Mine. When I read the press release I got into contact with the company to clarify what I thought they were doing.In...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 15, 2020 Competition is supposed to be healthy, but when governments compete to see who can borrow the most money while paying their lenders little or nothing... that’s not healthy at all. Please click here now. Double-click to enlarge this daily gold chart.The next key Fed meet...Read More
Norwegian ferro-silicon producer Finnfjord Smelteverk will stop ferro-silicon production for two weeks from this weekend because of planned maintenance to its three furnaces, a source told Fastmarkets.The amount of production that will be lost is unclear, although output was down by about 3,500 tonnes when it carried out maintenance on one furnace in the third qu...Read More
An overview of the chrome ore and alloy markets and their latest price moves.Japan & South Korea A bullish Indian market continues to support imported ferro-chrome prices in Japan and South Korea.Despite elevated offers from Indian suppliers, spot demand remained...Read More
Mining Journal: How did you end up working in the natural resources sector? Henry Steel: I am fortunate in that I knew what interested me early on.Read More
Chilean copper producer Codelco has agreed a 36-month labor deal with the union representing supervisors at the El Teniente copper mine, the state-owned company said on Monday September 14.Codelco said the 36-month labor contract renewal deal includes no pay rises to enable the company to secure unit profitability and to generate resources for Chile to tackle social and health issue...Read More
Jack ChanPosted Sep 14, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio remains on BUY signalGLD is testing the breakout point.$HUI broke resistance.Next major resistance at 525.GDX has...Read More
Montr?(C)al, Qu?(C)bec - September XX, 2020 - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF/ FRA: WK3D) is proud to announce the launch of the new "Uniden (R) Hero Series" line of cellular signal boosters dedicated to first responders in the USA, who rely on cellular connectivity on the front line to save lives and protect our communities. The "Uniden (R) Hero Series" comprises of 3 devices, the Uni...Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to provide an update to the on-going drill program at the Hughes silver-gold project in Tonopah, NV. To date, ten holes have been completed and two are in progress with two core rigs in full operation. Approximately 5,200 m have been drilled in completed holes. All holes drilled to date ha...Read More
Here are five Fastmarkets stories you might have missed on Tuesday September 15 that are worth another look.BHP has flagged inconsistent profits caused by volatile commodity prices as a key risk to its business.Rio Tinto is to launch its first closed-loop recycling program, offering customers in North...Read More
China-based minor metals producer Vital Materials has agreed to acquire the ceramic target business division of Samsung Corning Advanced Glass (SCG) - a joint venture between Samsung Display and Corning Incorporated - Vital told Fastmarkets on September 15.SCG's ceramic target business - in Gumi, South Korea - is an indium tin oxide, (ITO), indium zinc oxide (IZO) and indium gallium zinc oxide (IG...Read More
The Turkish steel mills continued to hold back from deep-sea scrap purchases on the second working day of this week amid softening demand for finished long steel products, sources said on Tuesday September 15.Mills in Turkey booked seven deep-sea cargoes, totalling around 230,000 tonnes, early last week before withdrawing from the market on September 10.The most recent deep-sea bookings put scrap...Read More
Rio Tinto is to launch its first closed-loop recycling program, offering customers in North America a new scrap take-back solution and the production of high-quality alloys made with recycled content. The service, which will be available from next year, complements the company's production of low-carbon aluminium and is designed to give its customers greater choice while they look to meet increasi...Read More
Base metals prices were for the most part firmer this morning, Tuesday September 15, supported by some good Chinese economic data. China's industrial production climbed by 5.6% year on year in August, after a 4.8% rise in July, while retail sales rose by 0.5% year on year in August, after a 1.1% fall in July.Asian-Pacific equities were mixed, however, with gains in China, Hong Kong and South Korea...Read More
Share this article CORPUS CHRISTI - Uranium Energy Corp applauds the U.S. Department of Commerce or negotiating an amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation that reduces America's dependence on Russian natural uranium concentrates up to 75% from prior levels. An initialed draft agreement between the DOC and Russia's State Atomic Ene...Read More
Key data from the Tuesday September 15 pricing session in London.Key driversCobalt metal prices edge higher; cheaper offers fade with some sellers setting their new target prices closer to $16 per lb citing a well-underpinned market on news that China's State Reserve Bureau will begin stockpiling metal. Lack of clarity...Read More
Lithium market experts welcomed news that Argentina has struck a deal with private investors to restructure a large chunk of its debt because it will help provide a steadier environment for investors in the country.But miners of the key battery raw material continue to face short-term challenges due to low lithium prices. Argentina, alongside Chile and Bolivia, is part of the so-called lithium tri...Read More
Domestic prices for hot-rolled coil in Northern Europe were fairly stable day on day on Tuesday September 15, with sentiment in the market remaining positive, sources have told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?476.98 ($565.72) per tonne on Tuesday, up by ?,?0.53 per tonne from ?,?476.45 per tonne on Monday.The index was...Read More
China's auto output and sales have posted annual increases over the past five consecutive months, which points to a steady recovery from the Covid-19 pandemic, the China Association of Automobile Manufacturers (CAAM) says.The country produced 2.12 million units of vehicles in August, up by 6.3% from a year earlier, while sales rose 11.6% year on year to 2.19 million units, CAAM reported last Thurs...Read More
The US Department of Commerce has announced an affirmative preliminary countervailing duty (CVD) determination on prestressed concrete steel wire strand from Turkey, according to a Tuesday September 15 statement. "Today, US Secretary of Commerce Wilbur Ross announced the affirmative preliminary determination in the countervailing duty investigation of imports of prestressed concrete steel wire str...Read More