Seaborne coking coal prices were largely steady on Thursday August 29 after the most-recent transactions sent fob Australia and cfr China prices for premium products in opposite directions.Fastmarkets indicesPremium hard coking coal, fob DBCT: $149 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $167.54 per tonne, unchanged Hard coking coal, fob DBCT: $134.01 per to...Read More
The iron ore market will be watching the rollout of China's policies and Chinese buyers' procurement strategies in the winter months to see what lies ahead for the steelmaking raw material, which has faced substantial price volatility this year. The winter heating season in China has become a crucial period for iron ore buyers and suppliers, with environmental protection a key aspect of China's 13...Read More
Markets remain nervous on Thursday August 29, especially since the next wave of US tariff increases on Chinese goods are set to come into effect on September 1 and the US yield curve is showing the deepest inversion since 2007, with the 30-year yield falling to a historic low on Wednesday. Apart from nickel and to a lesser extent lead, most base metals prices remain in low ground, seemingly becaus...Read More
Export prices for Chinese stainless steel declined week on week despite the higher cost of nickel after suppliers lowered their asking prices in response to poor demand, market sources said.Concerns about Indonesia potentially bringing forward its ban on unprocessed nickel ore exports continued to provide support for nickel prices.The three-month nickel contract on the London Metal Exchange has av...Read More
U.S. equity index futures moved higher this morning. S&P 500 futures were up 29 points in pre-opening trade. Index futures responded to news that China won't immediately respond to recent tariff hikes announced by the U.S.Equity index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for second estimate of second quarter real GDP was growth at a 2.0%...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 8 points in pre-opening trade. Autodesk dropped $18.21 to $132.00 after lowering third quarter guidance. Hewlett Packard Enterprises added $0.50 to $13.43 after reporting higher than consensus fiscal third quarter earnings. Tiffany gained $2.33 to $85.00 after reporting higher than consensus second quarter earnings. B...Read More
Dear Richer Lifer,The first few days of retirement are invigorating and strange. Should you set an alarm? Should you get to the gym early, or sleep in and enjoy a few days of extra rest?Your schedule is fluid and you find yourself relishing all the extra time on your hands. Want to go play golf mid-morning? Sounds great. Have lunch at 3pm? Sure, why not! That hobby you have been wanting to pursue?...Read More
ELKO, Nevada, Aug. 29, 2019 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce that Edward Karr, U.S. Gold Corp's President & CEO will be participating and presenting at the 21st Annual Rodman and Renshaw Global Investment Conference in New York City.The conference will be held on September 8-10, 2019 at the Lotte New York Palac...Read More
Sable Resources (TSXV: SAE) says agreements potentially worth up to $12.6 million with Osisko Gold Royalties (TSX: OR) will finance exploration across its projects for the next four years.Osisko is taking a 9.86% stake for $2.08 million in the junior grassroots explorer - acquiring 16 million units at 13 ? per unit - a 12% premium to Sable's 30-day, volume-weighted average price per share.Each uni...Read More
Orion Mine Finance is handing over US$25 million in cash in exchange for a 2.25% royalty on Horizonte Minerals' (TSX: HZM; AIM: HZM) Araguaia project in Brazil, one of the largest undeveloped ferro-nickel projects in the world.The royalty applies only to the first 426,429 tonnes of contained nickel within the final ferronickel product that will be produced and sold from the project, which lies sou...Read More
Mineral companies large and small are active throughout Mexico. Precious metals remain the target of choice for explorers, developers and mine operators alike. Here are eight firms advancing assets in Mexico.Excellon ResourcesUnderground drilling in the Platosa mine. Credit: Excellon Resources.In central Mexico's Durango state, Excellon Resources (TSX: EXN) owns and operates the La Platosa undergr...Read More
Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningPeel cracks Cobar codeSPONSOREDpeel miningGold prices are potentially influenced by so many disparate economic forces that getting one's head around them all is beyond the intellectual reach of most...Read More
"We are pleased to announce that @StratalisGroup George Hemingway will be speaking at Future of #Mining EMEA! George share his expertise at 'Three Keys to Conquering Uncertainty' #futureofmining #FOMEMEARegister here:https://t.co/8QxIc65unA"Read full newsRead More
"@GrantMBeasley Sad, chart looks horrible. Guess they need to find a strategic investor with deep pockets like $ML.V. Beside that the while lithium space needs to find a bottom."Read full newsRead More
"@AminZadeh14 @ralphmowt @IKN_Mark Historically a falling GS ratio is a very positive for miners. Means that the speculative and risk capital is flowing into the Silver market which leads to more inflows in the mining space."Read full newsRead More
Biome Grow (BIO.C) is growing in all the right places, as evidenced by its latest financial statements. Equity Guru has the latest.Read full newsRead More
Several leading contributors to MoneyShow.com are optimistic about the outlook for gold and highlight their favorite ideas in the sector.Read full newsRead More
"Scottie Resources Announces Encouraging Surface Exploration Results from its Scottie Gold Mine and Summit Lake Properties in BC's Golden Triangle https://t.co/v1lTT1e5J3"Read full newsRead More
Several leading contributors to MoneyShow.com are optimistic about the outlook for gold and highlight their favorite ideas in the sector.Read full newsRead More
"Vapen (@VAPENClear) (#OTCQX: $VAPNF | #CSE: $VAPN) Announces Baby Bash Powered by Vapen Product Collaboration [https://t.co/ihwOHOrJ4j]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #cannabis #pot #business #potstocks #marijuanastocks #CBD"Read full newsRead More