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 (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 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 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 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 $1.25 million pay...Read More
Bank of America forecasts global nickel demand could drop by 2.8% year-on-year in 2020, which could result in a nickel surplus of nearly 150,000 tonnes."Nickel demand has had a comparatively weak start to the year, suggesting fundamentals were already handicapped before the current health emergency," the BofA commented in a research note. "This was heavily influenced by subdued stainless steel pro...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe ESG bar has just been raised... Who will get over it?SPONSOREDstrategia worldwideThe first curve is one that didn't exist until a month ago, it's the one measuring the rate of incre...Read More
"#Nickel for the 21st Century - FPX Nickel Corp. Recent presentation by FPX's CEO Martin Turenne at the Vancouver Resource Investment Conferencehttps://t.co/Y95VR0Mg35"Read full newsRead More
'We have been receiving reports of people taking advantage of the current situation'Read full newsRead More
Police say they will carry out patrols in the Dolgellau area after receiving reportsRead full newsRead More
"$TTNP - Titan Pharmaceuticals, Inc. (TTNP) CEO Sunil Bhonsle on Q4 2019 Results - Earnings Call Transcript. https://t.co/0xcUk41RQq #markets #trading #stockmarket"Read full newsRead More
"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 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. announced that its near term strategy to advance its assets is not impacted by the COVID-19 Corona virus.Read full newsRead More
Emgold has completed the acquisition of 100% ownership of 21 patented and 60 unpatented mineral claims of the New York Canyon Property.Read full newsRead More
Best results include 0.5m core length grading 1584g/t silver and 5.56g/t gold from hole LV20-219Read full newsRead More
"Many #gold companies are taking action in the face of #COVID19 - read our list to see what explorers and producers are doing. https://t.co/f5YZXGQoNW #mining #investing #coronavirus"Read full newsRead More
The coronavirus outbreak has not spared anyone. It’s not just growth stocks; defensive stocks such as utilities and consumer staples have also been equally weak in the last few months. However, in my view, the last reliable resort to take shelter in these uncertain times is the traditional safe haven: gold.The TSX Composite has fallen more than 25% so far this year, while gold has rallied mo...Read More
Havieron project. (Image: Greatland Gold.) Australia's largest gold producer, Newcrest Mining (ASX: NCM) confirmed Wednesday that it has now reached its Stage 2 farm-in milestone at the Havieron project. Newcrest has earned a 40% interest in the project and gave notice to Greatland Gold that it is proceeding to Stage 3. The Havieron Project is operated byNewcrest under a farm-in agreement with G...Read More
Publisher's Note: We've been cranking out the content for you during this pandemic. Infection rates, deaths, markets... and governments' response to it are still changing in real time. All members of our paid services have been receiving briefs like these from our editors.I did one for you last week that you can find here. And because developments are happening so rapidly, I thought it best to sen...Read More