China's domestic rebar prices decreased further on Tuesday March 31 amid declining futures, though the pessimism among market participants decreased following the release of a higher manufacturing purchasing managers' index (PMI) as well as that for the steel sector. Eastern China (Shanghai): 3,420-3,440 yuan ($482-485) per tonne, down 10-20 yuan per tonneNorthern China (Beijing): 3,340-3,370 yuan...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 21 points in pre-opening comments. The Canadian Dollar was virtually unchanged at U.S. 70.27 cents following release of Canada's GDP at 8:30 AM EDT. Consensus was a gain of 0.2% versus an increase of 0.3% in December. Actual was a gain of 0.1%.Conagra gained $1.53 to $29.76 after issuing positive fiscal fourth quarter...Read More
PRIVATE BLOG - Gold for the Close of the 1st QuarterPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has produced a battery-grade cobalt sulphate for the second time in a row but using a different feed source, the company says.The second set of tests yielded battery grade cobalt sulphate assaying 21.4% cobalt derived from a cobalt alloy feed, and was produced at the company's hydrometallurgical refinery in Ontario, 600 km from Canada's border with the U.S.,...Read More
In early March, BHP (NYSE: BHP; LON: BHP) Chairman Ken MacKenzie said the mining giant was in a strong position should COVID-19's impact on the market create M&A opportunities."On balance, the business is in very good shape," Reuters reported MacKenzie as saying during the Australian Financial Review summit in Sydney on March 10. "I'm not sure if there will be any opportunities that will come from...Read More
Glencore (LON: GLEN) is postponing a decision on whether to proceed with a cash dividend of 20 ? per share totalling US$2.6 billion in 2020 due to the COVID-19 pandemic."When the board is in a better position to consider COVID-19's updated impacts, the economic outlook, and the company's prospects, expected alongside release of the group's interim results in Q3 2020, it will then decide what level...Read More
This episode features a keynote speech by Pretium Resources president and CEO Joe Ovsenek at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto. Ovsenek discusses the history of the Brucejack mine from concept to production over more than 20 years. He also warns miners to beware of royalty deals at the early stage of mine development, and mentions how the company hop...Read More
Raymond James has updated its metal price forecasts for the year due to the COVID-19 pandemic.Its new full-year forecast for gold in 2020 is US$1,594 per oz., down from its previous forecast of US$1,638 per oz., while its silver price forecast stands at US$16.19 per oz., down from US$19.20 per oz.The brokerage is maintaining its 2021/2022 gold price forecast at US$1,600 per oz. and forecasts silve...Read More
So far, most cases on the U.S. West Coast are linked to a strain first identified in Washington state.Read full newsRead More
Mining operations in the Philippines' southern province of Surigao del Norte, home to most of the country's nickel mines, will be suspended from April 1 as part of efforts to prevent the spread of the coronavirus, two mining companies said on Tuesday.Read full newsRead More
The world was badly in need of laughter, and China just delivered.Read full newsRead More
'We have been receiving reports of people taking advantage of the current situation'Read full newsRead More
Mark Twain said that history does not repeat itself, but it rhymes. It's certainly true in both life and financial markets. Let's explore how the receRead full newsRead More
1933 Industries announces its second quarter 2020 financial results for the period ended January 31, 2020.Read full newsRead More
Kirkland Lake Gold Ltd:Read full newsRead More
Asterion Cannabis Inc has entered into an exclusive Definitive Association Agreement to finalize development, construction, maintenance and financing for the first ($400 million) phase of its facilities.Read full newsRead More
The rapid development of AD represents 'enlightened self-interest' on climate change and coronaviruses There is a causal relationship between climate chaRead full newsRead More
/CNW/ - Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) (US-OTC: SRBCF) (Read full newsRead More
"#Colibri's five Sonora properties are located in or near a free-trade zone, which facilitates cross-border movement and general business$CBI #AU #Cbi #Gold #Sonora #exploration #mexicomining #Colibri #MomentumStockshttps://t.co/zbMO2tIIjz"Read full newsRead More
Tuesday saw gold explorer ECR Minerals (LSE:ECR) report a " number of expressions of interest " in its portfolio of Australia assets amid the outbreak of C...Read full newsRead More