Here are five Fastmarkets MB stories you might have missed on Friday January 11 that are worth another look.Manganese ore prices have started 2019 by continuing a slide that began last December, weighed down by weak downstream demand in China, where market participants are reluctant to buy amid price risk fears.The pig iron market in the United States was confused by a heavy drop in the...Read More
The year 2018 was a memorable year of great transitions. They involved changes in the political arena. They saw enormous changes in the debt picture, for both the USGovt and the major Western corporations. They saw a struggle to terminate the QE bond monetization, laced with hype-inflation. They offered staggering damage to California, whose effects are easily 100 times greater than the World Tr...Read More
Buying activity in the major global steel billet markets was sluggish last week due to the post-holiday period. Customers and sellers were assessing the conditions in the market and prices softened further, because some of them placed lower bids and offers amid the lack of support for finished long steel.AsiaThe Southeast Asian billet market was largely stable in the week ended Friday January 11 o...Read More
The year 2018 was a memorable year of great transitions. They involved changes in the political arena. They saw enormous changes in the debt picture, for both the USGovt and the major Western corporations. They saw a struggle to terminate the QE bond monetization, laced with hype-inflation. They offered staggering damage to California, whose effects are easily 100 times greater than the World Tr...Read More
Buying activity in the major global steel billet markets was sluggish last week due to the post-holiday period. Customers and sellers were assessing the conditions in the market and prices softened further, because some of them placed lower bids and offers amid the lack of support for finished long steel.AsiaThe Southeast Asian billet market was largely stable in the week ended Friday January 11 o...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 11 that are worth another look.Manganese ore prices have started 2019 by continuing a slide that began last December, weighed down by weak downstream demand in China, where market participants are reluctant to buy amid price risk fears.The pig iron market in the United States was confused by a heavy drop in the...Read More
Iron ore prices fell sharply in the second half of November after climbing through October, with prices for higher-grade material pioneering the decline.Fastmarkets MB daily benchmark for 65% Fe fines dropped by 22% by Monday November 26 after peaking on October 29. The 62% Fe iron ore index declined by 16% over the period, as some Chinese steelmakers started to seek larger volumes of cheaper ores...Read More
The steel scrap sector in the United States still depends on exports to Turkey, a member of the Fastmarkets research team said during the ferrous session at the Bureau of International Recycling (BIR) conference in London.This dependence persists despite the changes in the international markets created by the US' imposition of its Section 232 tariffs on imports of steel products, metals analyst Le...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 11 that are worth another look.Manganese ore prices have started 2019 by continuing a slide that began last December, weighed down by weak downstream demand in China, where market participants are reluctant to buy amid price risk fears.The pig iron market in the United States was confused by a heavy drop in the...Read More
This video is made in partnership with Ulta! | Winter is definitely blowing through, so we pooled together our favorite winter skin care products to show you guys our current routine! ??,,?,? Dry, flaky and sensitive skin is at it's worst during these months because of the epic lack of hydration. We're not only sharing with you guys our new skincare routine and product, but also the discounts ??~?...Read More
Gold miners' exchange-traded funds are surging with gold powering higher. These mounting gains are naturally fueling growing interest in the leading gold-stock investment vehicles. Traders looking to deploy capital are wondering which major gold-stock ETF is superior, offering the best balance between upside potential, component fundamentals, and risks. GDXJ takes the crown, besting its larg...Read More
Investors in gold stocks woke up this morning to a newsflash that has taken many by surprise: senior gold miner Goldcorp (TSX:G)(NYSE:GG) is getting acquired by Newmont Mining (NYSE:NEM) in an all-stock deal worth US$10 billion. Goldcorp shareholders should get 0.3280 Newmont share and US$0.02 for each Goldcorp share held. The new company, called Newmont Goldcorp, will become the largest gold m...Read More
Gold miners' exchange-traded funds are surging with gold powering higher. These mounting gains are naturally fueling growing interest in the leading gold-stock investment vehicles. Traders looking to deploy capital are wondering which major gold-stock ETF is superior, offering the best balance between upside potential, component fundamentals, and risks. GDXJ takes the crown, besting its larg...Read More
Peninsula Energy Ltd (ASX:PEN) is on track to achieve its production guidance of 90,000 to 110,000 pounds U3O8 (triuranium octoxide) at the Lance Uranium Projects in Wyoming, US for the financial year ending June 30, 2019.The company's production during the December 2018 quarter was 20,364 pounds of U3O8, slightly below the quarterly guidance range of 22,500 to 27,500 pounds U3O8 set in May 2018.&...Read More
Bob Moriarty ArchivesJan 14, 2019As promised, Benchmark has begun to deliver assay results from their Lawyer’s Gold and Silver project located in the heart of the Golden Triangle.I fear most readers will miss the silver numbers. That would be a shame because the 819 grams per ton silver are almost as valuable as the gold. In any case it was a home run hole for the company.(Click on image to...Read More
Kirsten Marcia is the founder of DEEP and its President and CEO.The FEDs announced Friday support for a new geothermal energy power facility that is being led by DEEP Earth Energy Production Corp. (DEEP).The energy project is the first of its kind in Canada as its taps into a new energy resource and is located near Estevan in southeastern Saskatchewan.Geothermal energy harnesses heat from the eart...Read More
Goldcorp's Eleonore Mine in northern Quebec. Source: Goldcorp Inc.Consolidation in the global gold mining sector continued Monday January 14 with news that Goldcorp Inc. [G-TSX; GG-NYSE] and Newmont Mining Corp. [NEM-NYSE] have agreed to merge in an all-stock deal worth $10 billion.The combined company, called Newmont Goldcorp, will have operations in the Americas, Australia and Ghana, producing b...Read More
Share this articleVANCOUVER - Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) has provided a summary of exploration results from the 2018 exploration program on their 100% owned Justin Gold Project in the Yukon Territory. Work completed in 2018 included the collection of 19 channel and 28 chip samples from 5 trenches, 16 rock samples, 7 till samples and 240 soil samples with...Read More
The tides have turned, dear investor.The great wave of optimism that drove global markets over the past few years has all but receded. Now, pessimism and fear have begun to flow in. And that changes everything, particularly for safe haven assets like gold.Most of the time, gold is a good place to park extra money. That's because prices are generally stable over the long term.Back in 2011, gold pr...Read More
Share this articleVANCOUVER - Denver-based Newmont Mining Corp. and Goldcorp Inc. of Vancouver have agreed to combine their gold companies in a deal worth about US$10 billion.The companies announced today that Newmont will exchange 0.328 of a share and two cents for each of Goldcorp's outstanding common shares.The deal has the unanimous support of the directors of both companies but requires regu...Read More