One of the crucial insights in currency trading that many investors fail to grasp is that currencies don't go to zero, and they don't go through the roof. That's a generalization, but an important one. Here are the qualifications:This observation applies to major currencies only - not to currencies of corrupt or incompetent countries like Venezuela or Zimbabwe. Those currencies do go to zero throu...Read More
Thickened tailings deposition for closureSPONSOREDsrk consultingNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsLast week saw two deals of reasonable scale in the precious metals space. The first was mid-...Read More
Thickened tailings deposition for closureSPONSOREDsrk consultingNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsMy beloved son and heir, now in his early teens is, to his credit, showing some interest and...Read More
Low cobalt prices and higher taxes under the new mining code in the Democratic Republic of the Congo have combined to make Glencore's (LON: GLEN) Mutanda cobalt and copper operation uneconomic, the company says.Mutanda - the world's largest cobalt mine - will transition to care and maintenance by year-end. Last year the mine produced 27,000 tonnes cobalt (20% of the world's supply of the metal) an...Read More
Semafo (TSX: SMF) has cut 2019 production guidance for its Mana mine in Burkina Faso by 40,000 to 50,000 oz. gold, following a pit-wall failure in the northern part of the Wona pit on August 2.The intermediate gold producer now expects the mine will produce between 130,000 and 140,000 oz. gold this year, down from its earlier guidance of 170,000 to 190,000 oz. gold.According to Semafo's 2019 mine...Read More
Sales of electric vehicles in Canada are up 30 per cent this year. Bloomberg Intelligence's Nick Albanese looks at what's behind the increase.Read full newsRead More
Thousands of Turks including opposition lawmakers staged a peaceful and unusuall...Read full newsRead More
Thousands of Turks including opposition lawmakers staged a peaceful and unusuall...Read full newsRead More
Searchlight Resources Inc. (TSXV:SCLT) is pleased to announce that the TSX Venture Exchange has accepted the option agreement with GEM Oil Inc. a private Saskatchewan company, to earn a 100% interest in two claims located near Creighton, Saskatchewan and 10 kilometres northwest of the city of Flin Flon, Manitoba.Read full newsRead More
Golden Predator Mining Corp. (TSXV:GPY, OTCQX:NTGSF) (the "Company" or "Golden Predator") announced today that it has commenced site improvements and an accelerated exploration/development drilling program at its fully licensed 100%-owned Brewery Creek Mine near Dawson City, Yukon. Read full newsRead More
Aug 08, 2019 Guest(s): Todd Gordon Founder, TradingAnalysis.com The Fed's dovish position is likely to send gold several hundred dollars an ounce higher in six months, this according to Todd Gordon, founder of TradingAnalysis.com. "I don't think this is the birth of a new gold market. I do see upside though, into the $1,500s, $1,600s, potentially $1,700 but unfortunately I think at that point th...Read More
The three-month nickel price on the London Metal Exchange continued its uptrend at the close of trading on Thursday August 8, cooling from an intraday high of $16,690 per tonne to close just short of $16,000 per tonne, while lead's continued rise saw its outright price close at more than $2,000 per tonne.Nickel futures closed at $15,880 per tonne on Thursday afternoon, holding near their highest l...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished higher Thursday after global bond yields eased from multiyear lows following stronger-than-expected export data from China, sending investors back to risk markets. Lyft (LYFT) shares climbed after the ride-sharing company posted a narrower-than-expected second-quarter loss and raised its full-year re...Read More
Scrap metal cargoes from Japan have been refused entry into South Korea over the past two weeks after the country's customs started asking for certificates to prove radiation levels, sources told Fastmarkets. South Korea has also stepped up radiation checks on Japanese ferrous scrap imports, with inspectors reportedly boarding "every single vessel transporting Japanese ferrous scrap... to carry ou...Read More
Weekly Reports |Aug 06 2019Traders are the only ones playing the uranium market at present as the August summer break begins.-Court appeal against Yeelirrie rejected-Utilities remain on sidelines-Uranium prices going nowhereBy Greg PeelNews from the Australian uranium market last week is that the Western Australian Court of Appeal has dismissed an attempt to overturn state approval for the Yeelirr...Read More
Shigemoto Toma joined Anglo American in Singapore last week as a senior base metals trader to expand the company's physical and financial trading book and help its shift towards being a miner-trader.Toma has joined the copper trading team, Anglo confirmed on Thursday August 8.Toma, who had been part of Macquarie's base metals trading team since February 2018, had mostly focused on aluminium...Read More
Australian gold major Newcrest Mining (ASX: NCM) was up 3% in afternoon trade to its highest point since 2011.Meanwhile investors have shown strong reactions to miners' results as the reporting season continues.Canada-based miner B2Gold (TSX: BTO) shot up to an all-time high yesterday before closing up 11.45%, as it announced better-than-expected results including record quarterly consolidate...Read More
Shigemoto Toma joined Anglo American in Singapore last week as a senior base metals trader to expand the company's physical and financial trading book and help its shift towards being a miner-trader.Toma has joined the copper trading team, Anglo confirmed on Thursday August 8.Toma, who had been part of Macquarie's base metals trading team since February 2018, had mostly focused on aluminium...Read More
The total resource is 100.6 million tonnes grading 4% lead, 97 grams per tonne silver, 1.9% zinc and 0.2% copper, an increase of 13% since the December 2018 estimate.Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to announce CEO and Founder, Traci Costa, will be participating in the year-long Canaccord Genuity Advisory Program for Women Entrepreneurs. Out of the numerous nominations and applications, the five women selected will receive one-on-one mentorship from Canaccord's advisory group, as wel...Read More