Cleveland-Cliffs (NYSE: CLF) is buying "substantially all" of Luxembourg-based ArcelorMittal's (NYSE: MT) operations in the United States in a US$1.4 billion deal that will make it North America's largest flat-rolled steel producer.Under the transaction, Cleveland-Cliffs will pay about US$505 million in cash and US$873 million in common and non-voting preferred shares.The boards of both companies...Read More
Lundin Mining (TSX: LUN) has withdrawn its 2020 production, cash cost and capital expenditure guidance for its Chapada copper and gold mine in northern Brazil after a power outage caused damage to all four of the operation's SAG and ball mill motors.The company said that the operation, 270 km northwest of the capital Brasilia, suffered a power outage on the morning of Sept. 27. When power was res...Read More
Central Asia Metals (LSE: CAML) has been fined ?,?65,000 (US$75,757) for a tailings breach at its Sasa zinc-lead mine in North Macedonia on Sept. 14 that leaked an estimated 8,000 cubic metres into the Kamenica River.The company estimates that 3,000 cubic metres of the spill into the 14-km-long river consists of the dam wall, with the fines and water making up the remaining 5,000 cubic metres. The...Read More
China's domestic ferrous scrap prices dropped at more rapid pace over the past week than the preceding week on a weakening finished steel market, though demand for the steelmaking raw material was stable.Fastmarkets' weekly price assessment for steel scrap heavy scrap domestic, delivered mill China was at 2,590-2,740 yuan ($379-401) per tonne last Friday September 25, down by 80-100 yuan per tonne...Read More
New Horizon beckons for gold minerSPONSOREDhorizon mineralsOceanaGold, leading social performance in gold miningSPONSOREDoceanagoldRox eyes amazing Grace potentialSPONSOREDrox resourcesTrident aims to fill valuable nicheSPONSOREDtrident royaltiesThe return of inflation, courtesy of heavy-duty government stimulus, is expected to benefit most minerals, according to leading investment bank, Morgan St...Read More
Old Man Winter is coming. Read full newsRead More
NEW YORK, Sept. 22, 2020 /PRNewswire via COMTEX/ --NEW YORK, Sept. 22, 2020 /PRNewswire/ -- With government spending skyrocketing and the value of the U.S....Read full newsRead More
Top Gold Stocks To Watch Sep 25, 2020 (GoldStocks.com via COMTEX) --In 2020, investors have had a great focus on gold stocks. Gold companies are generally...Read full newsRead More
TORONTO, Sept.28, 2020(GLOBE NEWSWIRE) -- FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF, Frankfurt:8FD) is pleased to announce that the Company's shares...Read full newsRead More
(Kitco News) - Bullish sentiment in the gold market remains healthy even as prices have fallen two a two-month low, according to one research firm.Read full newsRead More
Rio Silver Inc. (TSXV:RYO) wishes to confirm that the company's mRead full newsRead More
Straightup Resources (CSE:ST) is pleased to announce that, further to its news release dated September 9, 2020, Clark Exploration and Consulting has commenced compilation and reinterpretation work of all of the available historical data on the Company's Belanger gold property located in the Red Lake District, Ontario.Read full newsRead More
Renforth Resources Inc. is pleased to inform shareholders that ReRead full newsRead More
Brigadier Gold Limited is pleased to announce the first ever diamRead full newsRead More
FenixOro Gold Corp is pleased to announce that the Company's shRead full newsRead More
Searchlight Resources Inc. is pleased to announce the staking ofRead full newsRead More
The markets continue to remain volatile due to uncertainties surrounding COVID-19. Several countries in Europe have reported an increase in the number of daily coronavirus cases. There is a chance that fears of a dreaded second wave of infections might come true and impact Canadians as well.This does not bode well for the stock market, which is already trading at a premium, according to the Warren...Read More
We are undergoing somewhat uncertain economic times right now. With one market crash behind us — and one more on the horizon — financial experts are still debating whether the typical definition of a recession applies to Canada right now or if we need to redefine it because of pandemic’s disruptions. Some optimists are even discarding the warnings signs that are indicating anothe...Read More
Gold has had an incredible run in 2020 and even dating back to 2019. There has been a massive amount of uncertainty in markets, so naturally, a safe-haven asset like gold stocks will see an increase in demand.This year, however, the economic environment got even more accommodating for gold. With interest rates so low and massive amounts of cash added to the U.S. money supply, the intrinsic value o...Read More
Warren Buffett is widely known as the world’s greatest investor. He’s earned the respect of many by earning incredible long-term returns consistently over many decades.In addition, he employs a relatively simple strategy that’s generally easy to replicate. At the root of it, all you have to do is find undervalued stocks and buy and hold for the long term.Although many investors r...Read More