The three-month zinc price on the London Metal Exchange declined during morning trading on Thursday August 22, with the metal falling by around 1.9% against moderately high turnover, while a fresh cancelation in aluminium did little to stop a slight downturn in the metal's outright price. Despite reaching an intra-morning high of $2,287 per tonne, the galvanizing metal has shed some $50 per tonne...Read More
Domestic stainless steel prices in China dropped slightly over the past week on soft demand and high inventories.Fastmarkets' price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China in the country's major market of Wuxi was 15,000-15,400 yuan ($2,125-2,181) per tonne including value-added tax for the week ended Wednesday...Read More
Base metals prices on the Shanghai Futures Exchange consolidated during morning trading on Thursday August 22 while market participants await further direction from the release of manufacturing data later.The highly anticipated minutes from the US Federal Open Market Committee (FOMC)'s July meeting came out on Wednesday, but the release did little to stimulate much trading, eliciting only a small...Read More
Recent large-scale production suspensions by antimony producers in central China's Hunan province have partly offset the negative effects of the recent announcement of an auction for the entire antimony stock held in the defunct Fanya Metal Exchange, market sources told Fastmarkets. Fastmarkets assessed the price for antimony, MMTA standard-grade II, ddp China at 36,500-37,500 yuan ($5,168-5,...Read More
Cobalt metal prices in China softened this week amid lackluster demand, but tight availability of certain domestic brands of the blue metal has limited the downward move.Fastmarkets assessed the price of cobalt 99.8% Co min, exw China at 260,000-280,000 yuan per tonne ($14.78-15.91 per lb, minus China value-added tax) on Wednesday August 21, widening downward by 10,000 yuan per tonne from 270,000-...Read More
U.S. equity index futures moved higher this morning. S&P 500 futures were up 4 points in pre-opening trade.Index futures were virtually unchanged following release of the Weekly Initial Jobless Claims report. Consensus was 216,000 versus revised 221,000 last week. Actual was.209,000Canadian Imperial Bank of Commerce (CM $99.50 Cdn) is expected to open higher after releasing higher than consens...Read More
Dear Rich Lifer,Over the weekend, I shared some of the pros and cons of buying a vacation home.Not only do you need to be able to cover the upfront costs of buying a second home, you also have ongoing yearly expenses to cover as well.And unless you intend on renting out the property for a good chunk of the year, forget about seeing a significant return on your investment.But, a few readers asked i...Read More
The National Ground Water Association's Groundwater Foundation has named Reed Maxwell, Professor of Hydrology at Colorado School of Mines, its 2020 Henry Darcy Distinguished Lecturer in Groundwater Science.The lecture series was established in 1986 to foster interest and excellence in groundwater science and technology. Each year, a panel of scientists and engineers invites an outstanding groundwa...Read More
Three years into exploring the Las Chispas district in Sonora, Mexico, SilverCrest Metals' (TSXV: SIL; NYSE-AM: SILV) Las Chispas project is picking up speed. The company secured financing shortly after Mexico's environment ministry gave SilverCrest the green light to develop the project.The Las Chispas property consists of 28 concessions totalling 14 square kilometres. The project is located 180...Read More
The Northern Miner is proud to offer its first academic scholarship as part of the Young Mining Professionals Toronto branch (YMP) scholarship program.The Northern Miner joins fellow partners Barrick Gold, Agnico Eagle Mines, IAMGOLD, Yamana Gold, Anaconda Mining and Orefinders Resources to fund a series of $1,000 to $10,000 scholarships totalling $44,000 for Canadian university students (undergra...Read More
Midland Exploration (TSXV: MD) will start drilling its wholly-owned Willbob gold project in Quebec in early September.Willbob is in the Labrador Trough, 65 km west of the town of Kuujjuaq, Que., and contains 1,488 claims covering 683 square kilometres. While the area has seen heavy exploration for base metals from the 1950s to 1970s, little exploration has been done for gold before Montreal-based...Read More
Probe Metals (TSXV: PRB) has intersected gold mineralization on its wholly-owned Val-d'Or East property, located 1.5 km west of the New Beliveau deposit in Quebec.Results from 22 followup drill holes totalling 6,210 metres in the Courvan area, released on Aug. 20, identified new gold mineralization with intercepts grading up to 6.8 grams gold per tonne at over 5 metres, including one metre of 25....Read More
Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingThe switch by car manufacturers to more planet- friendly electric powered vehicles opens new o...Read More
"FPX Nickel is very proud to support this research initiative toward developing a carbon neutral mine at our Decar #nickel project in British Columbia https://t.co/O3NQvh71DU"Read full newsRead More
"CROP (@CROP_cse) (#CSE: $CROP | #OTC: $CRXPF) Extends Closing of Commercial Real Estate Purchase Deal by Elite Ventures for Tonopah, Nevada Property [https://t.co/8BxkVcqZ87]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #cannabis #business"Read full newsRead More
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August 20, 2019 (ACCESSWIRE via COMTEX) -- NEW YORK, NY / ACCESSWIRE / August 19, 2019, 2018 / Harmony Gold Mining Co. Ltd. (NYSE: HMY) will be discussing...Read full newsRead More