Chilean copper miner Antofagasta Plc is evaluating building a new concentrator plant at its Centinela mine that would cost around $3 billion, the chief executive of the company was quoted telling a local daily on Sunday.Antofagasta's copper production rose 3 percent to 725,300 tonnes last year, allowing the company to weigh potential expansion projects and upgrades, Ivan Arriagada said, according...Read More
A group of activists from the Ixtacamaxtitl??n municipality, located in the Puebla state of central Mexico, presented a letter to the country's president, Andr?(C)s Manuel L??pez Obrador, where they state that Minera Gorri??n's Ixtaca project represents "a threat to their lives."Gorri??n is a subsidiary of Canada's Almaden Minerals (TSE: AMM) and the Ixtaca deposit is said to be one a multimillion...Read More
A group of activists from the Ixtacamaxtitl??n municipality, located in the Puebla state of central Mexico, presented a letter to the country's president, Andr?(C)s Manuel L??pez Obrador, where they state that Minera Gorri??n's Ixtaca project represents "a threat to their lives."Gorri??n is a subsidiary of Canada's Almaden Minerals (TSE: AMM) and the Ixtaca deposit is said to be one a multimillion...Read More
A group of activists from the Ixtacamaxtitl??n municipality, located in the Puebla state of central Mexico, presented a letter to the country's president, Andr?(C)s Manuel L??pez Obrador, where they state that Minera Gorri??n's Ixtaca project represents "a threat to their lives."Gorri??n is a subsidiary of Canada's Almaden Minerals (TSE: AMM) and the Ixtaca deposit is said to be one a multimillion...Read More
An alarm warning of an imminent mining dam rupture was issued on Sunday morning near Brumadinho, the same Brazilian community where the collapse of a dam at Vale's (NYSE:VALE) C??rrego do Feij??o mining complex on Friday killed at least 40 and left over 400 more feared dead.The alert of "dangerously high water levels" at another dam that is part of the same mining complex in south-east Braz...Read More
A rupture in a tailings dam at Vale's Feij??o mine in the city of Brumadinho, in the state of Minas Gerais in south-east Brazil, has flooded the company's administrative facilities and part of the nearby Vila Ferteco community. "There is no confirmation about injured people at the site," Vale said on Friday January 25. "[The company's] top priorities right now are preserving and protecting the liv...Read More
Fresh restrictions on production planned for China's steelmaking hub of Tangshan in the northern region do not appear to have had any effect on steel prices, market sources told Fastmarkets MB.Local authorities intend to extend production limits imposed on heavy industries beyond the winter heating season - which concludes at the end of March - to the April-September period to preserve air quality...Read More
Stabilizing prices this month have lifted the gloom from China's steel sector, resulting in the emergence of optimism for the market after the Chinese New Year.Toward the end of 2018, most market participants had been pessimistic about Chinese steel prices, particularly those for flat steel, with the key automotive industry experiencing its first sales decline since the 1990s last year."Market par...Read More
Consumption of ferrous scrap in the United Kingdom will continue to increase over the coming years amid an expansion in the UK operations of international metals group Liberty House, Fastmarkets MB's research team believes. UK scrap demand in 2018 is on course to rise for the first time in four years after Liberty restarted a second electric arc furnace (EAF) at its site in Rotherham, northern Eng...Read More
Support the stream: https://streamlabs.com/tommycr ?Hola bienvenidos a mi canal! ?Te gusta Clash Royale y los videojuegos en general? pues esta es tu nueva casa, si tu lo deseas! Suscribete e intentare entretenerte. ?Sigueme en mis redes sociales! :DTwitter: https://twitter.com/TommyConstanti7Twitter de Tribe Gaming: https://twitter.com/TribeGamingDise??ador de Miniaturas: https://twitter.com/Ad...Read More
Trawling through the lists of possibly undervalued stocks, the following three TSX index tickers display some deep discounts against their projected cash flow values, as well as some low multiples. But are they a buy? Let's review the data and check what their track records look like, as well as any trailing dividend yields that might be calculable.Transcontinental (TSX:TCL.A)A common sight on the...Read More
The Canadian market is finally starting to see some upward movement again. A few of you may have actually achieved the "buy low" part of the "buy low, sell high" equation, and are excited to see that your investments are currently paying off.If you didn't get in on dirt cheap stocks, there's not only still a chance to make some money, but also to get some guaranteed funds in your pocket. That's ri...Read More
Looking through some areas of the TSX index can be a daunting task if it's a healthy balance sheet that you're after. Energy, tech, REITs and more - every industry has a few big-name tickers with benighted health stats. One of the first things a low-risk portfolio owner learns to do when they start out investing in the stock market is how to sidestep these red flag stocks and find healthy tickers...Read More
Despite gold firming since November 2018 to be trading at over US$1,280 an ounce, its poorer cousin silver continues to languish at under US$16 per ounce. This is weighing on silver miners particularly when the stagnant outlook for the white metal is accounted for. However, that shouldn't deter investors from buying Fortuna Silver Mines Inc. (TSX:FVI)(NYSE:FSM).Solid operational performanceThe mi...Read More
By: Dave KranzlerFirst it was the loudly broadcast convening of the Working Group on Financial Markets - aka "the Plunge Protection Team" - by the PPT's el Jefe, Steven Mnuchin. This was followed the "mouse that roared" speech from Fed head, Jerome Powell, hinting that the Fed would moon-walk away from rate hikes.Today was trial Hindenburg launched by the Wall St Journal suggesting that the...Read More
By: Ira EpsteinSinking US Dollar after opening of US Government causes sharp rally in all metals:Ira Epstein reviews the days trading in the metal markets. For more information and access to Ira's free offers for commodity traders, visit https://www.iraepstein.com. Read More
Courtesy of: Visual Capitalist If you could travel back in time to the 19th century, it would be very difficult to convince anyone that railroad investments were not the future of the stock market. Governments were offering subsidies and land grants to stimulate rapid industry growth - and in the period of 1868-1873, just after the American Civil War, an astonishing 33,000 miles of new railroa...Read More
The Extraordinary Power of the Political ArenaWe Live in Interesting TimesBaltimore, New York, Boca Raton, and Back Home to Puerto Rico"To be absolutely certain about something, one must know everything or nothing about it." Henry Kissinger, former US Secretary of StateThis month I've discussed some possible pathways for 2019. But beyond that, for the past year or so, I have been talking about w...Read More
Are you sick of your gold just sitting there when it was supposed to have long since made you rich? Have you been fantasizing about a world in which your gold really does make you rich?Continue...Read More