Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe convenience of one provider with pay-as-you-need flexibilitySPONSOREDmicromineNot many investment analysts were publishing buy tips during the worst of the 2008 global financial cri...Read More
Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) - a developer of formulations made with medicinal mushrooms and mushroom-infused products - has acquired...Read full newsRead More
MONTREAL - A $1-billion deal to combine two Montreal companies with West African gold mining operations was met with sharply divergent reactions from their shareholders on Monday. Stock in Endeavour Mining Corp. closed at $20.05, down $1.60 or 7.4 per cent, on the Toronto Stock Exchange after it announced the deal to acquire Semafo Inc. - the stock traded as low as $17.50, down 19.2 per cent, earl...Read More
Endeavour Miningsaid on Monday it will acquire Toronto-listed Semafoin a C$1 billion ($690.7 million) deal to create the biggest gold producer in Burkina Faso, increasing its focus on the country despite rising insecurity.The combined group will produce 1 million ounces of gold a year, EndeavourRead full newsRead More
ImagineAR.com is a mobile augmented reality platform that can be used to instantly create mobile activations and engagements anywhere in the world. Businesse...Read full newsRead More
"From Staff Graphic Designer to Resident Homeless Reporter: The Story Behind One of the Straight's Longest-Serving Journalists [https://t.co/LoivzF9Wgo]Media Central (@mediacentralc) (#CSE: $FLYY) #investing #stocks #stockmarket #trading #investors #capitalmarkets #news"Read full newsRead More
Shares of Roche Holding AG Read full newsRead More
"It's not the things they think of that fascinate me ...............It's that they get away with doing it.......................(credit = Zerohedge)"Read full newsRead More
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Gold is traditionally a safe haven asset during times of trouble. As investors flee riskier assets like stocks, massive amounts of capital gets diverted into bonds, precious metals, and cold hard cash. This downturn has been a bit different.Over the last few months, gold prices have been roughly flat. Gold mining stocks, meanwhile, have been crushed. Even the highest quality miners are being press...Read More
The market crash over the past month already erased more than 35% off the TSX Index.Ongoing volatility should be expected and investors could see additional downside. The coronavirus continues to spread and governments are ramping up strict measures in order to ensure that people adhere to social distancing requirements.Households and businesses need cash and it will take some time for government...Read More
Syrah's Battery Anode Material plant in Louisana, USA. Image from Syrah. Syrah Resources (ASX: SYR) announced on Tuesday that will suspend its Battery Anode Material plant in Vidalia, Louisiana, to assess and manage potential operational risks from covid-19.According to the company, this will delay the distribution of purified natural graphite samples for qualification with potential customers.Th...Read More
File image.Iron ore prices gained on Tuesday, trading at $83.97 a tonne according to Fastmarkets MB, and making up some lost ground after a sharp retreat at the start of the week. The steelmaking raw material has shown surprising resilience - averaging above $90 for 62% Fe fines imported into China so far this year - in the wake of the covid-19 outbreak that began in the central part of the countr...Read More
Casa Berardi mine. Image courtesy of Hecla Mining Company Hecla Mining (NYSE:HL) announced Tuesday it is suspending operations at Casa Berardi until April 13, 2020 to comply with the Government of Quebec's orders."The Government of Quebec ordered the mining industry to reduce to minimum operations as part of the fight against the covid-19 virus, so we are suspending our Casa Berardi operations,"...Read More
I'll start by saying that I'm not one to panic...I didn't go out and hoard toilet paper, hand sanitizer, canned goods, and bottled water. You know why? Because I always keep a steady supply of those things. I sleep safer - regardless of what's happening - if I know that I can survive weeks in any event.Snow storm? Power outage? Global pandemic? At least I know I can make it long enough to let thin...Read More
Waihi operation, New Zealand. (Image from OceanaGold) OceanaGold (TSX: OGC, ASX: OGC) has announced that the Waihi gold operation in the North Island of New Zealand will temporarily suspend the ongoing development of the Martha underground mine and go into care and maintenance for four weeks in response to covid-19 measures put in place by the New Zealand government. The miner is working with the...Read More
The gold price rallied again in spectacular fashion on Tuesday, as panicked investors scramble for hard assets on the back covid-19 closures of mines and refineries and unprecedented monetary action by the US central bank.On the Comex market in New York, gold for delivery in April, the most active contract, closed the session at $1,660 an ounce, up $93 an ounce compared to Monday's close. Earlier...Read More
The last few weeks have been not been nice to investors of any kind. Stocks in particular have been hit extremely hard and during the sell off it seemed that anything with a bid would be sold including the metals. For a while it seemed that gold's safe haven status was gone. However in the last few days gold has been gaining back all that it lost especially in currencies other than the US dollar....Read More
Weekly Reports |Mar 24 2020The virus is having its impact on the uranium industry, sending the spot price under US$24/lb for the first time since July 2018-Virus impacting on electricity producers-And on mining operations-And on project development-And on credit availabilityBy Greg PeelThe US government considers power plants part of the nation's critical infrastructure, and to that end electricit...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 24 that are worth another look. India is entering a 21-day lockdown period to help prevent the spread of the novel coronavirus (2019-nCoV) pandemic, but the production of essential commodities will continue.Freeport-McMoRan has declared force majeure on near-term sales agreements for its Cerro Verde mine in Peru, according to...Read More