Price trends in the global steel billet market changed direction in the week ended Friday February 22 amid limited interest from buyers in most outlets as well as a drop in imported scrap prices in Turkey.Turkish producers wanted demand to pick up for rebar and billet, in both the domestic and export markets, before they would buy more scrap, which resulted in the lack of trading activity.As a res...Read More

Price trends in the global steel billet market changed direction in the week ended Friday February 22 amid limited interest from buyers in most outlets as well as a drop in imported scrap prices in Turkey.Turkish producers wanted demand to pick up for rebar and billet, in both the domestic and export markets, before they would buy more scrap, which resulted in the lack of trading activity.As a res...Read More

Here are five Fastmarkets MB stories you might have missed on Friday February 22 that are worth another look.Coal trading has become too risky, a trader said on Thursday February 21 following news that customs authorities in Dalian, a major city in northeastern China, had slashed the yearly coal import quota for ports under their jurisdiction by 25%.Zinc smelters have submitted bids...Read More

Here are five Fastmarkets MB stories you might have missed on Friday February 22 that are worth another look.Coal trading has become too risky, a trader said on Thursday February 21 following news that customs authorities in Dalian, a major city in northeastern China, had slashed the yearly coal import quota for ports under their jurisdiction by 25%.Zinc smelters have submitted bids...Read More

A jump in the reserve grade and tonnage at Fosterville in Australia - already one of the highest grade and most profitable gold mines in the world - will help increase Kirkland Lake Gold's (TSX: KL; NYSE: KL) total gold production this year to between 920,000 and 1 million oz., up from its previous guidance of 740,000 to 800,000 oz. in December.The company revised its consolidated production guida...Read More

Regional exploration last year on its Indin Lake gold property, 200 km north of Yellowknife in the Northwest Territories, turned up high-grade gold in grab samples from three areas, including 174.50 grams gold per tonne at Fishhook, the southernmost project on its 899 sq. km land package, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) reports.Fishhook consists of several historical gold showings spannin...Read More

The gold miners' stocks surged strongly last week, blasting to new upleg highs. The mounting gains are naturally driving more interest in this small contrarian sector, shifting sentiment towards bullish. Despite their accelerating rally, gold stocks still remain fairly low technically and deeply undervalued relative to gold. So their strengthening upleg likely has plenty of room to run consi...Read More

Investors in Cameco Corp (TSX:CCO)(NYSE:CCJ) enjoyed a nice rally in the stock price in 2018 as deliberate production shut ins by producers and emerging new demand helped reduce excess supply and pushed equilibrium prices higher during the year. Could we see further share price gains this year?A combination of company specific and market factors will decide the fate of Cameco’s equity valuat...Read More

It has been a tough time for investors in intermediate gold miner Eldorado Gold (TSX:ELD)(NYSE:EGO). The miner, which recently completed a 5:1 share consolidation, has lost 18% over the last year compared to gold, which has been flat over that period. There are signs that it won't be plain sailing for the beaten-down miner, as it wrestles with a range of operational, geopolitical, and financial ri...Read More

Hello again, Fools. I’m back to call attention to three stocks that popped last week. Why? Because after a given stock soars over a short period, one of two things usually happens: it keeps on flying as short-term oriented traders look to pounce on the momentum; or it pulls back sharply as cautious investors look to lock in profits.Fundamentals count most over the long run, of course. But kn...Read More

Firmer gold has attracted considerable attention for gold miners with investors combing the industry looking for bargain-basement opportunities. One that’s been gaining attention is Kinross Gold Corp. (TSX:K)(NYSE:KGC), which has spiked by almost 9% since the start of 2019. This has garnered considerable interest from some pundits, who are claiming that it’s poised to deliver value for...Read More

In general, I have an aversion to commodity companies. They are price takers, meaning that no matter how good the company is, it can be thrown to the wolves if the global order changes and commodity prices fall. They are extremely volatile in nature, and are as likely to destroy wealth as to create it.That said, not every commodity is doing poorly at the moment. Although oil continues to be a drag...Read More

While silver has followed gold higher in recent weeks to be up by 3% since the start of 2019 and trading at around US$16 an ounce, many primary silver miners have failed to rally. Pan American Silver Corp. (TSX:PAAS)(NASDAQ:PAAS), which recently completed the takeover of Tahoe Resources Inc., is down by 3% over the same period, creating an opportunity to acquire the world's premier silver miner at...Read More

The gold miners' stocks surged strongly last week, blasting to new upleg highs. The mounting gains are naturally driving more interest in this small contrarian sector, shifting sentiment towards bullish. Despite their accelerating rally, gold stocks still remain fairly low technically and deeply undervalued relative to gold. So their strengthening upleg likely has plenty of room to run consi...Read More

PI Financial's Chris Thompson and Philip Ker say investors should watch for a potent reversal and widening of the gold-to-silver ratio to historic highs (roughly 86:1) which will favour accumulating select silver-focused stocks over gold stocks.2019 should be a good year for Canadian gold and silver stocks. Investor sentiment for precious metals mining stocks improved in 2018's fourth quarter, led...Read More

Bob Moriarty ArchivesFeb 25, 2019An old friend of mine from Gold Standard, Ltd, named Jonathan Awde contacted me recently and wanted me to look into a company he had helped form named Barksdale Capital (BRO-V) with a Tier 1 copper project in the south of Arizona. That sorta rolls off your tongue, doesn’t it? And sounds pretty rich.Readers may be familiar withSouth32, a billion dollar mining...Read More

Titan and Core have budding gold assets in Peru and Ecuador, respectively, with the merger deal contingent on Titan's raising of a minimum of A$20 million in new equity (at the time of deal closure),Read More

Alrosa sold 121 rough stones totalling 1,950ct to 31 firms.It did not provide any other details but said there was participation from firms in the UAE, India, Belgium, Israel, Hong Kong, Russia and the US.Member of the management board and director of the United Selling Organization at Alrosa Evgeny Agureev said the company had been cooperating with the Dubai Diamond Exchange on industry issues si...Read More

Ausdrill has a potential war chest of about A$375 million to make some bolt-on acquisitions in the surface mining contracting space or build its own surface mining arm should it choose to.Read More

The case was one of three class actions filed against Northern Dynasty and some of its officers and directors, following a Read More