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Trade log April 2020: Selenium

April 03, 2020 / www.metalbulletin.com

The latest selenium transactions, bids, offers and assessments in Europe reported to Fastmarkets.Unless otherwise stated, all prices are per lb and on an in-warehouse Rotterdam basis. Delivered prices are netted back.To view the latest price assessment for selenium, 99.5% Se min, in-whs Rotterdam, click here.To see all Fastmarkets'...Read More

European Q2 ferro-chrome benchmark still under review - Merafe

April 03, 2020 / www.metalbulletin.com

The European charge and high-carbon ferro-chrome benchmark settlement remains under review for the second quarter of 2020, a leading ferro-chrome producer said. Merafe Resources, which operates the Glencore-Merafe Chrome Venture in South Africa with trader-miner Glencore provided an update on Thursday April 2 of the impact of the Covid-19 pandemic on its operations. The benchmark is settled every...Read More

INFOGRAPHIC: Decoding the latest trends in Asia's ferrous scrap market

April 03, 2020 / www.metalbulletin.com

Changes in the Asian ferrous scrap trade flows have seen imports in Taiwan and Vietnam shrink in 2019, but both territories raised their intake of Japanese material after exporters in Japan lowered their prices to generate more sales abroad on weakening domestic demand.Vietnam's scrap imports fell 1.1% to 5.58 million tonnes last year, but Japan-origin volumes to the country rose by 41.4% to 2.19...Read More

New Gold closes US$300M partnership with Ontario Teacher's Pension Plan

April 02, 2020 / www.northernminer.com

New Gold (TSX: NGD; NYSE-AM: NGD) has closed a strategic partnership with the Ontario Teachers' Pension Plan (OTPP) to acquire a 46% free cash flow interest in the company's New Afton mine for an upfront cash payment of US$300 million. The proceeds are to be used to reduce the company's debt and increase its financial flexibility."The partnership agreement is a great deal and a great outcome and f...Read More

Alberta lithium startups aim to ease transition to clean energy economy

April 02, 2020 / www.northernminer.com

Not so long ago, in situ oilsands production was little more than a dream in the eye of Alberta's petroleum producers. Years of government and industry-funded research cracked that nut with the development of steam assisted gravity drainage (SAGD) that has created a multibillion-dollar industry paying dividends to both producers and governments for two decades.A new group of entrepreneurs and tech...Read More

Mexico mining suspension to hit silver supply

April 02, 2020 / www.northernminer.com

Mexico, the world's largest silver producer, has become the latest country to enforce a suspension of non-essential activities in response to the outbreak of the coronavirus pandemic, after confirmed cases in the country climbed above 1,000, with 29 deaths.The government decree, effective until April 30, is expected to have a significant impact on the supply of silver at a time when demand for sil...Read More

Executive chairman John Thornton sells 50% of his shares in Barrick

April 02, 2020 / www.northernminer.com

John Thornton, Barrick Gold's (TSX: ABX; NYSE: GOLD) executive chairman, has sold half his stake in the company "due to personal portfolio considerations."Thornton sold 2.63 million shares following the publication of the company's 2019 annual results. The gold major noted that he sold the shares that he had bought using his personal funds and the shares were not subject to holding restrictions.Th...Read More

Growth dictates investment returns

April 02, 2020 / www.mining-journal.com

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 worldwideAmong ASX-listed resources companies, stocks with rising prices outpaced the number with falling pri...Read More

Mining Agenda: Miners seek 'robots in the wild'

April 02, 2020 / www.mining-journal.com

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 worldwideA dilemma, artificial intelligence and robots unleashed are among the themes identified in Accenture...Read More

Bill #Gates Slams White House, Insists US Needs "National Social Isolation Policy" To Combat COVID-19

April 02, 2020 / www.zerohedge.com

Sorry, Bill. Seems like you have a lot of good ideas, but we don't live in the world from the Jetsons.Read full newsRead More

"US #Labor Market Is In Free-Fall" - 10 Million Americans Have Filed For Unemployment In Past 2 Weeks #jobs

April 02, 2020 / www.zerohedge.com

We've lost 46 jobs for every confirmed case of COVID-19 in the US...Read full newsRead More

RT @chigrl: China loves cheap oil >>#Chinese buyers snap up U.S. #oil purchases at widest discounts ever

April 02, 2020 / www.reuters.com

China has increased U.S. crude purchases with some buyers snapping up cargoes at the widest discounts ever as sellers seek to offload excess supplies in Asia, six trade sources said on Wednesday.Read full newsRead More

First Mining Provides Update on its Springpole Gold Project Activities

April 03, 2020 / dlvr.it

March 31, 2020 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / March 31, 2020 / First Mining Gold Corp. (Read full newsRead More

First Mining Provides Update on its Springpole Gold Project Activities

April 02, 2020 / dlvr.it

March 31, 2020 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / March 31, 2020 / First Mining Gold Corp. (Read full newsRead More

The powerful 2008 lessons that apply to Gold today

April 02, 2020 / dlvr.it

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

RT @1933Industries: 1933 Industries CEO Discusses Q2 Financial Results and Updated 2020 Outlook: Click Here:

April 02, 2020 / youtu.be

Capital 10X interviews 1933 Industries (CSE: TGIF) CEO Chris Rebentisch to dig deeper into the company's Q2 financial results and see how they are adapting t...Read full newsRead More

RT @MarketWatch: Treasury yields slide as jobless claims surge to record of 6.6 million

April 02, 2020 / on.mktw.net

U.S. Treasury yields bounced off their lows on Thursday as a surge in oil prices spurred by hopes of coordinated production cuts between Saudi Arabia and Russia helped to lift inflation expectations, a bugaboo for bondholders.Read full newsRead More

Ariana Resources takes a strong step forward at Kiziltepe satellite gold deposit

April 02, 2020 / miningmaven.com

A busy period for newsflow at Ariana Resources (LSE:AAU) continued on Thursday as the firm revealed that the latest round of work at one of its major satel...Read full newsRead More

Gold extends gains amid coronavirus worries

April 03, 2020

Gold prices remained stable on Wednesday as investors sought safe-haven assets after fears of a economic downturn due to increasing lockdowns and other global restrctions to combat the coronavirus pandemic. As oil prices took a plunge due to on-going price wars between OPEN and non-OPEC members and port shutdowns that brought tankers and refineries to a halt, investors are turning to real assets...Read More

Gold Stocks Crash, V-Bounce!

April 03, 2020 / www.miningfeeds.com

Gold miners' stocks have endured epic volatility in this past month, literally crashing before blasting back higher in a violent V-bounce. That preceding wicked capitulation flush savagely forced the weak hands out, paving the way for gold stocks' next major upleg. The resulting fierce rebound signals it is already underway, with plenty of speculators and investors now chasing the huge gains this...Read More

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