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GLOBAL SILICON SNAPSHOT: Prices down in China, Europe, wider in US

March 31, 2020 / www.metalbulletin.com

Key pricing data from the pricing sessions in the United States, Europe and Asia for the week ended March 30.China The price narrowed, declining on reduced demand from overseas secondary aluminum plants and automakers, many of which have suspended operations to contain the spread of Covid-19. Chinese exporters stopped making offers, instead asked prospective...Read More

Tech Talk for Monday March 30th 2020

March 30, 2020 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 19 points in pre-opening trade.Johnson & Johnson advanced $5.34 to $128.50 after announcing plans to develop a vaccine against COVID-19.Abbott Labs (ABT $74.56) is expected to open higher after announcing plans to launch a rapid test for COVID-19.Canada Goose gained $0.30 to $20.52 after Wells Fargo upgraded the st...Read More

Maersk to suspend services on Asia-Europe network in Q2

March 31, 2020 / www.metalbulletin.com

Maersk Line, the world's biggest container shipping company, will be suspending its North Europe (AE2) and Mediterranean (AE20) services on the Asia-Europe network during the second quarter of 2020. "Due to market demand reductions in Europe caused by the Covid-19 pandemic, Maersk endeavors to balance our network to match reduced demand," the Danish carrier said in an advisory on Friday March...Read More

Ferro-vanadium downtrend continues on weak consumer demand amid virus uncertainty

March 31, 2020 / www.metalbulletin.com

Ferro-vanadium prices continued to move down last week in Europe and China on weakening consumer demand due to the impact of the Covid-19 pandemic on business operations. Measures imposed to limit the spread of the coronavirus outside of China continues to pressure China's export price for ferro-vanadium, which ticked down for the second consecutive week on Thursday March 26. Fastmarkets assessed&...Read More

U.S. Gold Corp. Announces $2.0 Million Registered Direct Offering

March 30, 2020 / www.usgoldcorp.gold

ELKO, Nevada, March 30, 2020 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) today announced that it has entered into a securities purchase agreement with certain institutional investors, providing for the purchase and sale of 357,143 shares of common stock at a price of $5.60 per share in a registered direct offering, resulting in total gross...Read More

AT A GLANCE: JFE Steel faces zero profit for first time in history

March 31, 2020 / www.metalbulletin.com

Major Japanese steelmaker JFE Steel is facing the prospect of recording zero profit for the year ending March 2020 for the first time in its history due to global economic tensions and rising raw materials prices, it warned on Friday March 27.This has led the company to plan to shut one blast furnace in its East Japan Works and restructure its remaining operations in Japan, it said.In brief JFE St...Read More

China ferrous scrap prices plunge on destocking

March 31, 2020 / www.metalbulletin.com

China's domestic prices for steel scrap decreased over the past week on bearish sentiment and destocking by sellers, market participants said. Fastmarkets' weekly assessment of steel scrap heavy scrap domestic, delivered mill China, was 2,530-2,660 yuan ($357-375) per tonne for the week ended March 27, down from 2,630-2,740 yuan per tonne a week earlier.Steel prices dropped over the past week lead...Read More

Argonaut Gold to merge with Alio Gold in all-share deal

March 30, 2020 / www.northernminer.com

Argonaut Gold (TSX: AR) and Alio Gold (TSX: ALO; NYSE-A: ALO) announced a friendly all-share at-market merger that will create a larger company with a production base of over 235,000 gold-equivalent oz. this year.Under a definitive agreement approved by the boards of both companies, each Alio common share will be exchanged for 0.67 of an Argonaut common share, giving Argonaut and Alio shareholders...Read More

TMAC releases Hope Bay study

March 30, 2020 / www.northernminer.com

TMAC Resources (TSX: TMR) has released key results from a prefeasibility study completed for its wholly owned Hope Bay gold project in Nunavut.This latest study envisions a new 4,000 tonne per day plant to replace the current 2,000 tonne per day facility by 2024. With total capital costs for the expansion estimated at $683 million, including $184 million for a new conventional processing plant, th...Read More

Premier offers US$205M for Centerra's stake in Greenstone Gold Mines

March 30, 2020 / www.northernminer.com

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is offering to purchase the remaining 50% interest it doesn't already own in the Greenstone Gold Mines Partnership (GGM) from Centerra Gold (TSX: CG) for US$205 million.GGM's principal asset is the Hardrock gold project (formerly known as the Trans-Canada property), in northwestern Ontario, 275 km northeast of Thunder Bay.The acquiring party, at the opti...Read More

Seabridge to acquire 3 Aces gold project in Yukon

March 30, 2020 / www.northernminer.com

Seabridge Gold (TSX: SEA; NYSE: SA) is acquiring the 3 Aces gold project in southeastern Yukon from Golden Predator Mining (TSXV: GPY) for 300,000 Seabridge shares and an immediate cash payment of $263,000 as reimbursement for project expenses.Golden Predator will receive further payments of $1 million on the confirmation of a 2.5 million oz. gold resource at 3 Aces, with another $1.25 million pay...Read More

B of A models 2020 nickel demand

March 30, 2020 / www.northernminer.com

Bank of America forecasts global nickel demand could drop by 2.8% year-on-year in 2020, which could result in a nickel surplus of nearly 150,000 tonnes."Nickel demand has had a comparatively weak start to the year, suggesting fundamentals were already handicapped before the current health emergency," the BofA commented in a research note. "This was heavily influenced by subdued stainless steel pro...Read More

Tale of two curves: costs and COVID-19

March 30, 2020 / www.mining-journal.com

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 ESG bar has just been raised... Who will get over it?SPONSOREDstrategia worldwideThe first curve is one that didn't exist until a month ago, it's the one measuring the rate of incre...Read More

#Nickel for the 21st Century - FPX Nickel Corp. Recent presentation by FPX's CEO Martin Turenne at the Vancouver...

February 05, 2020 / twitter.com

"#Nickel for the 21st Century - FPX Nickel Corp. Recent presentation by FPX's CEO Martin Turenne at the Vancouver Resource Investment Conferencehttps://t.co/Y95VR0Mg35"Read full newsRead More

People have been panning for gold in a Welsh forest despite the coronavirus lockdown

March 30, 2020 / dlvr.it

'We have been receiving reports of people taking advantage of the current situation'Read full newsRead More

Panning for gold is the latest way that people are 'taking advantage' of the coronavirus lockdown

March 30, 2020 / dlvr.it

Police say they will carry out patrols in the Dolgellau area after receiving reportsRead full newsRead More

$TTNP - Titan Pharmaceuticals, Inc. (TTNP) CEO Sunil Bhonsle on Q4 2019 Results - Earnings Call Transcript....

March 30, 2020 / twitter.com

"$TTNP - Titan Pharmaceuticals, Inc. (TTNP) CEO Sunil Bhonsle on Q4 2019 Results - Earnings Call Transcript. https://t.co/0xcUk41RQq #markets #trading #stockmarket"Read full newsRead More

Fission Uranium (@FissionUranium) (#TSXX: $FCU | #OTCQX: $FCUUF) Announces Financial Results for 2019 [...

March 26, 2020 / twitter.com

"Fission Uranium (@FissionUranium) (#TSXX: $FCU | #OTCQX: $FCUUF) Announces Financial Results for 2019 [https://t.co/h8JEh43OTz]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #miningstocks #mining #resources #cleanenergy #uranium"Read full newsRead More

$CCW will have a major update soon on Northern Ontario's most significant grassroots high-grade Silver discovery in...

March 26, 2020 / twitter.com

"$CCW will have a major update soon on Northern Ontario's most significant grassroots high-grade Silver discovery in at least 40 years!???(C)??'? #Staytuned$CCW #Canadacobaltworks #Silver #Cobalt #Gowganda #Silvermine #Cobaltmine #TSXV #MomentumStockshttps://t.co/my4g4pk75G"Read full newsRead More

Getchell Gold Corp. Continuing to Advance Gold Assets in Nevada

March 30, 2020 / bit.ly

Getchell Gold Corp. announced that its near term strategy to advance its assets is not impacted by the COVID-19 Corona virus.Read full newsRead More

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