There is just one problem: there are simply not enough bonds available in the open market for the central bank to buy.Read full newsRead More
China boosted copper imports in March, but still faces challenges as key suppliers are cutting output.Read full newsRead More
Illegal gold mining led to deforestation of thousands of hectares of forests inside indigenous reserves in the Brazilian Amazon, according to new satellite image analysis by the Monitoring of the Andean Amazon Project (MAAP). Mongabay had exclusive access to the report prior to its release.Read full newsRead More
At a time when dividend increases are few and far between, Newmont delivered a doozy: a 79% increase to its quarterly payout.Read full newsRead More
The bulls are out in force with more gold industry observers coming around to the belief that the precious metal ... Read More The post Bulls are expecting gold prices to charge appeared first on Stockhead.Read full newsRead More
Utility and other stakeholders file agreement on the details of a new program that would give millions of Californians the option of getting part of their natural gas from renewable sourcesLOS ANGELES –April 17, 2020--Southern California Gas Co. (SoCalGas) today announced it and other important stakeholders have agreed on details of a proposed plan to offer renewable natural gas to cust...Read More
Find the right cannabis to match your vibe! Read up on how cannabis can complement your lifestyle and keep up to date with the fast-paced Cannabis World!Read full newsRead More
"Durango Resources (#TSXV: $DGO | #OTCQB: $ATOXF) Granted Drill Permit Extension at Windfall, Quebec [https://t.co/isw4zA1LEL]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #gold #goldstocks #miningstocks #miningrocks"Read full newsRead More
"Conscience Capital (@v_dgtl) (#TSXV: $DGTL.P) Completes Qualifying Transaction with Hashoff LLC [https://t.co/MwQsM5hLyN]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #machinelearning #AI #artificialintelligence #tech #technology"Read full newsRead More
Kerr Mines Inc. (TSX:KER) announces its plans for the first phase of its 2020 resource and reserve expansion program at the Copperstone MineRead full newsRead More
Gold prices dropped nearly 2% to a near two-week low on Tuesday as investors scuttled for cash to cover losses in other asset classes driven by a crash in oil markets as the coronavirus outbreak wrecks economies. Spot gold slipped 1.3% to $1,671.68 per ounce, having earlier hit a low since April 9 at $1,659.68. U.S. gold futures settled 1.4% lower at $1,687.80. Gold price witnessed a low of $1,57...Read More
Gold stocks have been among the strongest performers on the TSX during the market crash. The yellow metal has long been a bastion of safety. But some names have exploded during the health crisis.A growing trend in gold dividends has enjoyed some extra exposure amid the extreme frothiness of the markets. The following four names are among the top Canadian gold stocks to buy for this type of passive...Read More
Gold stocks are safe havens. When economies and stock markets are spiraling downward, gold and gold stocks tend to shine. As the ultimate store of value, the price of gold is expected to rally big in this economic downturn. In fact, the price of gold has already rallied 15% in 2020 and 36% since the beginning of 2019.The SPDR Gold Trust ETF (NYSE:ETF) also shows rapidly increasing investor interes...Read More
Image courtesy of Pixabay The Society for Mining, Metallurgy & Exploration (SME) announced Friday it will present the International Conference on Ground Control in Mining (ICGCM), to be held July 28-30, 2020 in Canonsburg, Pennsylvania.The three-day symposium will be attended by practitioners from across the globe.Dr. Syd S. Peng created the ICGCM in 1981 to provide a forum to promote communicati...Read More
I remember talking to my fellow editors at the start of the year, with everyone lamenting that there was nothing really new going on in the market. At least nothing that would really change the slow upward burn. How quaint.This is like the old trope about the cursed monkey paw that grants wishes - be careful what you wish for because they'll bring unforeseen ruin as well. We certainly have to kee...Read More
Bloom Lake Mine. Image by Champion Iron. Champion Iron (TSX: CIA) has announced it will gradually ramp up operations at the Bloom Lake mine in Quebec after the provincial government declared mining to be a "priority service."On March 24, Champion announced the ramp down of operations following restrictions imposed by Quebec, now lifted. "The company continues to work with the surrounding First N...Read More
Rio remains the industry leader in technology. Image from Rio Tinto. Mining companies' will be able to weather the year despite the covid-19 pandemic, owing to having vastly streamlined their operations, cut debt and expenditures, and increased production efficiencies, Fitch Solutions forecasts in its most recent report. Fitch anticipates most metal prices faring worse than in 2019 and the glo...Read More
PHIL Rear Eject Body Credit: Philippi-Hagenbuch Philippi-Hagenbuch, a global leader in off-highway truck customization, has announced production of its patented Rear Eject Body will begin in Brazil in the second quarter of this year. The company's line of Rear Eject Bodies offers an ideal solution for challenging hauling applications in construction, mine reclamation, and underground hauling sett...Read More
Tesla CEO Elon Musk at groundbreaking ceremony at the Tesla Shanghai Gigafactory in January 2019. Credit: Tesla. China on Thursday announced changes to purchase incentives for electric and hybrid cars, locally referred to as new energy vehicles (NEV), which earlier this month was extended for two years until the end of 2022. Under the modified policy, subsidies are reduced year-on-year through t...Read More
The London Metal Exchange three-month aluminium price rose by 0.3% during trading on Friday April 24 to close at $1,514 per tonne, on low turnover of 9,132 lots during the day.Global LME aluminium stocks remained high, with 1,175,175 tonnes on warrant on Friday, and total stocks at 1,317,925 tonnes.Fastmarkets analyst Andy Farida noted in his Aluminium Today report that speculative sentiment remai...Read More