FDX stock has gained 14% year-to-date alreadyThe shares of FedEx Corporation (NYSE:FDX) are down 3% in electronic trading, after the company's President and COO David Bronczek unexpectedly stepped down. Bronczek had just been named a director two weeks ago, and will now be replaced by Raj Subramaniam. Credit Suisse weighed in on the shake-up, noting that is creates "more questions than answers."...Read More
A new lithium technology could change the face of lithium production forever.Andrew Carnegie didn't invent the Bessemer converter, but used it to amass an incredible fortune producing steel at lower costs. What one simple machine can do for increasing production and lowering costs is staggering (think of the cotton gin).The lithium industry has been plagued with inefficiency and expensive producti...Read More
Africa-focused gold miner Centamin (LON:CEY) (TSX:CEE) said Friday that drilling activities at its Doropo licence in C??te d'Ivoire resulted in more than double the mineral resources estimated for the area, which remains largely underexplored, with numerous targets identified.The Doropo mineral resource grew to 2.13m ounces at 1.31 grams per tonne of gold in the indicated category, up 58% from la...Read More
Africa-focused gold miner Centamin (LON:CEY) (TSX:CEE) said Friday that drilling activities at its Doropo licence in C??te d'Ivoire resulted in more than double the mineral resources estimated for the area, which remains largely underexplored, with numerous targets identified.The Doropo mineral resource grew to 2.13m ounces at 1.31 grams per tonne of gold in the indicated category, up 58% from la...Read More
Africa-focused gold miner Centamin (LON:CEY) (TSX:CEE) said Friday that drilling activities at its Doropo licence in C??te d'Ivoire resulted in more than double the mineral resources estimated for the area, which remains largely underexplored, with numerous targets identified.The Doropo mineral resource grew to 2.13m ounces at 1.31 grams per tonne of gold in the indicated category, up 58% from la...Read More
Africa-focused gold miner Centamin (LON:CEY) (TSX:CEE) said Friday that drilling activities at its Doropo licence in C??te d'Ivoire resulted in more than double the mineral resources estimated for the area, which remains largely underexplored, with numerous targets identified.The Doropo mineral resource grew to 2.13m ounces at 1.31 grams per tonne of gold in the indicated category, up 58% from la...Read More
Monarch Gold (TSX: MQR) resumed diamond drilling at its wholly-owned Croinor Gold property, where activities were suspended following a winter freeze that affected Quebec's Val-d'Or region.In a press release, the Canadian company said the purpose of the current 1,750-metre campaign is to finish the 2018 drilling program and to drill high potential targets.Monarch said that before it was suspended,...Read More
Monarch Gold (TSX: MQR) resumed diamond drilling at its wholly-owned Croinor Gold property, where activities were suspended following a winter freeze that affected Quebec's Val-d'Or region.In a press release, the Canadian company said the purpose of the current 1,750-metre campaign is to finish the 2018 drilling program and to drill high potential targets.Monarch said that before it was suspended,...Read More
Monarch Gold (TSX: MQR) resumed diamond drilling at its wholly-owned Croinor Gold property, where activities were suspended following a winter freeze that affected Quebec's Val-d'Or region.In a press release, the Canadian company said the purpose of the current 1,750-metre campaign is to finish the 2018 drilling program and to drill high potential targets.Monarch said that before it was suspended,...Read More
Silver One Resources (TSXV: SVE) reported this week that it started drilling at its Pe??asco Quemado project located in northern Sonora, Mexico.In a press release, Silver One explained that the 1,000-metre diamond drilling program is based on the strength of the soil geochemical anomalies near to a historically defined manto or replacement-style silver resource."The property hosts geological simil...Read More
Silver One Resources (TSXV: SVE) reported this week that it started drilling at its Pe??asco Quemado project located in northern Sonora, Mexico.In a press release, Silver One explained that the 1,000-metre diamond drilling program is based on the strength of the soil geochemical anomalies near to a historically defined manto or replacement-style silver resource."The property hosts geological simil...Read More
Silver One Resources (TSXV: SVE) reported this week that it started drilling at its Pe??asco Quemado project located in northern Sonora, Mexico.In a press release, Silver One explained that the 1,000-metre diamond drilling program is based on the strength of the soil geochemical anomalies near to a historically defined manto or replacement-style silver resource."The property hosts geological simil...Read More
Iron ore producer Fortescue Metals Group (ASX:FMG) revealed Friday that one of its massive driverless trucks collided with another at one of its Western Australia mines earlier this week. There were no injuries.The truck, said the company, was traveling at low speed and crashed into another that was parked at its Christmas Creek iron ore mine in the Pilbara region.One of the trucks was traveling a...Read More
Eight employees of Brazilian mining giant Vale (NYSE:VALE) were arrested on Friday as part of an ongoing criminal investigation into the deadly dam disaster in the town of Brumadinho, which killed at least 166 people with over a hundred still missing.Four people from the German consulting group T? 1/4 v S? 1/4 d, the company that certified the safety of Vale's dams, were also detained.All of the V...Read More
Western Australia's historic mining town of Coolgardie, 550 kilometres east of Perth, was put on the map by one of the world's biggest gold rushes back in 1892. Read full newsRead More
Spot gold was steady at $1,312.56 per ounce as of 0419 GMTSomber U.S. retail sales fanned concerns of slowing economic momentum in the world's largest economy, while an unexpected increase in the number of Americans filing claims for unemployment benefits last week and a second straight monthly decline in producer prices in January dimmed investor sentiment.Published 23 Hours AgoUpdated20 Hours Ag...Read More
Q4 2018 was good for New Gold.The 2019 production guidance is a slight disappointment.The 2019 cost guidance is a big disappointment.New Gold share price will most probably remain below the $1 level for a better part of 2019.After the positive operational results were reported back on January 8, New Gold (NGD) share price improved notably. The new wave of optimism was initiated by 77,202 toz gold...Read More
Employers want to analyse information about staff but leaks and misuse are raising concernsRead full newsRead More
The market for pig iron exports from the Commonwealth of Independent States (CIS) strengthened further during the week ended Thursday February 14 because buyers in the United States, the key outlet, started to accept higher offer prices.Fastmarkets' price assessment for CIS exports of high-manganese pig iron was $335-340 per tonne fob Black Sea on February 14, up from $325-335 per tonne fob Black...Read More
Domestic prices for cold-rolled coil (CRC) in Europe have been largely stable over the past seven days but are expected to rise soon, sources told Fastmarkets this week.Transaction prices are expected to slowly rise, supported by upward momentum in hot-rolled coil feedstock prices, according to market participants, after some European steelmakers - including ArcelorMittal...Read More