Steel billet prices in most major regions around the world climbed in the week to Friday April 17, tracking gains seen in the bellwether Turkish ferrous scrap import market. Scrap prices in the world's largest importer of the steelmaking raw material have increased by close to $50 per tonne since plunging to April 2's three-and-a-half-year low of $208.10 per tonne. CIS, Turkey, EgyptTrading activi...Read More
South American countries have taken varying approaches to containing the spread of COVID-19, ranging from leaving it to states and cities to handle the virus to implementing aggressive lockdowns and curfews that have forced mining companies to reduce or shutter their operations.While all have moved in recent weeks to deal with the disease, some countries are seeing more success than others.Argenti...Read More
As existing deposits and mines are advanced, companies are looking for new frontiers to secure their long-term production and growth. The northern portion of this continent, with favourable geology, relative under-exploration and mining-friendly policies is an attractive destination for those willing to venture outside of more established mining camps. Below, we present eight companies with assets...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesHow mining companies can reduce equipment purchasing cost and improve qualitySPONSOREDtechnical auditBut the share-price bounce enjoyed by the big two of global mining reinforced a crit...Read More
Russian miner Nordgold (LSE: NORD) says it will build a new power plant at its Lefa mine in Guinea as part of efforts to reduce its greenhouse gas emissions.The gold producer, which acquired the mine in 2010, has commissioned the construction of the new 33 MW power plant to manufacturing service group SUMEC, a key member of China National Machinery Industry Corporation (SINOMACH).Nordgold said the...Read More
Brazil's Vale (NYSE: VALE), the world's top iron ore producer, has once again lowered its production forecast for 2020 due to a mix of factors including heavy rain, unplanned outages at a major operation, regulatory delays linked to last year's dam failure at Brumadinho, and ongoing disruptions to logistics caused by the coronavirus.Vale now expects to produce between 310 million and 330 million t...Read More
Most economic activities were halted in Mexico in late March due to the COVID-19 pandemic, but the deputy secretary of work at the national level for the Confederation of Mexican Workers, Javier Villarreal, is asking the federal government to include mining in its list of essential services so that operations can resume in May.The union leader, speaking to the newspaper El Universal, said activiti...Read More
The Dow Jones Industrial Average rose 2.21%, or 523.12 points, to 24,242.49 during the April 13-17 trading week, and the S&P 500 advanced 3.04%, or 84.74 points, to 2,874.56. Spot gold finished at US$1,686.50 per oz., a 0.05% increase, after touching a high of nearly US$1,740 per oz. on April 17.Yamana Gold's shares climbed US54 ? to US$4.26. The company announced it would resume operations at the...Read More
Nickel prices jumped to their highest in more than a month on Monday after mining company Vale slashed its annual output target for the stainless steel ingredient due to the impact of the coronavirus pandemic.Read full newsRead More
Resolute Mining Ltd:Read full newsRead More
The Mellach facility was in the province of Styria.Read full newsRead More
(Kitco News) - SSR Mining Inc.'s (NASDAQ, TSX: SSRM) three operations combined to produce over 107,000 gold-equivalent ounces during the January-M...Read full newsRead More
Zoom is the leader in modern enterprise video communications, with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars across mobile, desktop, and room systems. Zoom Rooms is the original software-based conference room solution used around the world in board, conference, huddle, and training rooms, as well as executive offices and classrooms. Founded in 2011, Zoom...Read More
OCS.ca is the only legal online retailer of recreational cannabis in Ontario. The Ontario Cannabis Store offers a variety of products including dried flower, pre-rolls, oils, edibles, vapes, extracts, CBD and THC capsules and accessories. For adults 19 years of age or older.Read full newsRead More
"$CBL $MAC $SPG - COVID-19 Crisis: Geographical Risk Assessment Of The Retail REITs Industry. https://t.co/Yj2o8hGI96 #business #markets #investing"Read full newsRead More
"The traffic in commercial areas is decreasing and local shops are struggling to survive. To regain their position..in the current economic landscape local businesses must imperatively adopt a digital shift#ComingSoon #FlipNPik #Geecko #MomentumStockshttps://t.co/9t7NIWGfmu"Read full newsRead More
"@271_916 @Education4Libs Very interesting.But is someone feeding it to us ?It's almost like we've gone from Vaudeville,to Movies, to TV --- situation TV --- then reality TV --- and now,the whole thing has become a movie & we're all in it."Read full newsRead More
Metals stocks come in a range of shapes and sizes. As such, they satisfy a variety of buying strategies. There is something for every investor in this field. The biggest names offer sturdy passive income. Smaller names offer steep positive momentum. Then you have the safe-haven assets of gold and, to a lesser extent, silver. The green economy is booming, meanwhile, and driving demand for copper, l...Read More
As the price of gold continues to hit multi-year highs, investors have been increasingly looking to take positions in gold stocks. Gold is a proven hedge against recessions and bear markets. The stock market crash of 2020 is no different. Thus far, the S&P/TSX Global Gold Index is up 17.21% in 2020. It is far outperforming the 15.84% loss posted by the S&P/TSX Composite Index. It is t...Read More
Raw material fed into the sorting process Image from Tomra. With a positive outlook for the quartz market, the challenge for mining companies servicing this sector lies in the purity of this mineral. Customers in the metallurgical and engineered stone industries require a reliable supply of quartz at a consistent purity.Tomra's patented multi-channel laser sorting technology seeks to unlock the...Read More