First Solar - the world's leading manufacturer of solar power modules - is continuing operations at its main sites in the United States, Malaysia and Vietnam despite Covid-19 virus restrictions on industrial activity in all three countries.First Solar is focused on the cadmium telluride photovoltaic market, a subdivision of the thin-film solar industry. The US-headquartered company said on Th...Read More
Fastmarkets is proposing to increase the pricing frequency of its cobalt hydroxide payable indicator, min 30% Co, cif China, to twice weekly from weekly.The cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end), is currently published weekly, on Wednesdays.Following an initial consultation with the market, and a review of typical...Read More
Key data from the Friday March 27 pricing session in Shanghai.Key drivers The cobalt metal price took a break from its persistent downturn amid the supply disruptions following the 21-day lockdown in South Africa, which started midnight on Thursday March 26. Producers have attempted to raise offers while traders continued to destock...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 62 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for February Personal Income was an increase of 0.4% versus a gain of 0.6% in January. Actual was a gain of 0.6%. Consensus for February Personal Spending was an increase of 0.2% versus a...Read More
The price of stainless steel in the European domestic market increased this week with producers anticipating shortages following the closure of all production sites in Italy, sources told Fastmarkets on Friday March 27. On March 21, the Italian government issued a decree closing all non-essential production operations in the country, including steelmaking. Following this, many mills elsewhere in E...Read More
Prices in Southeast Asia's steel billet market have plunged over the past week, tracking losses seen in the bellwether Turkish ferrous scrap import market amid the fallout from the Covid-19 pandemic. Fastmarkets' daily price assessment for steel billet, import, cfr Southeast Asia, which mainly looks at 120-150mm 5sp grade billet sold into Manila, was $380-385 per tonne on Friday March 27, down $5...Read More
Trevali Mining (TSX: TV; US-OTC: TREVF) has temporarily suspended operations at its Caribou mine near Bathurst, New Brunswick.The company noted that the global zinc market has deteriorated and that the situation has been exacerbated by the outbreak of COVID-19.Market conditions, along with high concentrate treatment charges (TCs), make the mine uneconomic, the company said, adding that it is not o...Read More
Steppe Gold (TSX: STGO) is on track to produce 60,000 oz. gold this year at cash costs of US$500 per oz. from its heap leach mine in Mongolia, after starting ore processing on March 25.The junior has mined, crushed and stacked 533,000 tonnes of mineralized material at a grade of 2 grams gold per tonne on its leach pad at the mine, 660 km east of Ulaanbaatar.Steppe Gold is completing a feasibility...Read More
Few sectors of the global economy are flourishing in these uncertain times like Australian gold mining. A combination of factors ... Read More The post The top five WA gold stocks likely to be on the radar of the majors appeared first on Stockhead.Read full newsRead More
TORONTO - Centerra Gold Inc. is suspending open pit mining at its Oksut project in Turkey in an effort to slow the spread of COVID-19. The suspension of work at the project starting March 31 is for an initial period of two weeks. However, the gold miner says operations at its Kumtor mine in the Kyrgyz Republic and its Mount Milligan operation near Prince George, B.C., continue for the time being....Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
More than a third of British electricity was generated by renewables in 2019Read full newsRead More
"Gold Rush Days: The 126th Annual Celebration Of Mining, Americana And The Wild West Comes to Colorado https://t.co/78BzJ2r4Y8"Read full newsRead More
Canada's central bank made yet another unscheduled rate cut Friday to bring its key interest target down to a crisis-level low, and the federal government upped its financial lifeline to businesses in a two-pronged effort to further combat the economic shock from COVID-19.Read full newsRead More
LAURION Mineral Exploration (TSXV:LME) is pleased to announce the appointment of Mr. David Lewis, P. Geo., as Exploration Manager for the Ishkoday ProjectRead full newsRead More
Otso Gold Corp. is pleased to announce that it has closed $3,705,032 in 10% convertible unsecured debentures of the Company.Read full newsRead More
It’s a tale as old as the stock market itself. During a stock market crash, or really any type of disaster, there is one place where investors look to keep their money safe: gold.Gold and now gold stocks have become a safe haven for investors looking to keep their finances from the ruins during times of market volatility. But this time, it could be a bit different. It’s now not 100% cl...Read More
Teck Resources Inc. (TSX:TECK.B)(NYSE:TECK) got crushed with practically every other stock in the sector over the past months. Slowing economic conditions have hit commodities hard. Teck is sitting at a price of just over $10 a share at the time of this writing, which is fairly low historically. Is now a good time to buy Teck as a contrarian play?The situationEven before the coronaviru...Read More
The inevitable market crash has finally happened. Experts have been telling us about it for the last couple of years. The COVID-19 outbreak has finally brought it front and centre.For a long-term investor with cash to invest, the market crash might be a blessing in disguise. But it is desperate times for those who are looking for short-term gains.All stocks don’t respond in the same manner t...Read More