Umicore will build its first cathode materials production plant in Poland, and hopes to start supplying automotive-sector customers in Europe by 2020. Belgium's Umicore has chosen the city of Nysa in Poland as the location where it will build its first production plant to manufacture cathode materials for the European automotive market. Given the intention to start deliveries in 2020, the three pr...Read More
June 4, 2018 (Investorideas.com Newswire) James Kwantes, editor of Resource Opportunities, speaks with Ken Armstrong, the CEO of one of the more active diamond companies globally.Vancouver-based North Arrow Minerals Inc. (NAR:TSX.V) is one of the more active diamond exploration companies globally, with a portfolio of projects focused on Canada. Its most advanced-stage project is the large Naujaat...Read More
June 4, 2018 (Investorideas.com Newswire) Matthew Gili, CEO of Nevada Copper, speaks to Maurice Jackson of Proven and Probable about the company's plans to go into production.Maurice Jackson: Today we will highlight the next mid-tier production company. I'm speaking of Nevada Copper Corp. (NCU:TSX; NEVDF:OTC.MKTS), North America's next copper producer. Joining us for a conversation is Matthew Gili...Read More
Vancouver, British Columbia - June 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or "Tudor Gold") today announced that the work completed so far on the Copper Belle Zone located within the Treaty Creek property, in the "Golden Triangle", of north-western British Columbia is most encouraging. Another 8 to 16 holes to depths of greater t...Read More
Toronto, Ontario - June 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") reports that Mr. Allan Folk has resigned as Interim CEO, effective June 1, 2018. Mr. Folk will remain as Director of the Company. The Board of Directors would like to thank Mr. Folk for his contributions to date and the Company looks forward to his continued...Read More
Vancouver, British Columbia - June 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Megastar Development Corp. ("Megastar", the "Company" or "MDV") (TSX-V: MDV; Frankfurt: M5QN) is pleased to announce that further to signing a Definitive Option Agreement to acquire 100% undivided interest in the Rama de Oro project, located in the state of Oaxaca, Mexico (see press release dated May 10, 2018)...Read More
Vancouver, British Columbia - June 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Maritime Resources Corp. (TSXV: MAE) ("Maritime") is pleased to announce the second set of drill results from the 2018 drill program. The drill program was designed to test the near surface gold potential of the J, K, L & M3 veins outlined from surface trenching program last fall. (see News Release MAE 17-12,...Read More
Offer prices for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia's Central region around Moscow, the principal steel-consuming region in the country, have started to go down after rising repeatedly since January.Metal Bulletin's weekly assessment of the price for Russia-origin 4mm HR sheet was 46,100-46,200 roubles ($741-742) per tonne cpt Moscow on Monday June 4, including VAT. This na...Read More
Via Sovereignman.comBangkok Thailand- We've all seen the headlines: the middle class in the United States (and much of Europe for that matter) has been in decline for years.CNN May 18, 2018: "Almost half of US families can't afford basics like rent and food"Marketwatch June 2, 2018: "50 million American households can't even afford basic living expenses"Wall Street Journal February 13, 2018 : "US...Read More
The market for hot-rolled coil (HRC) and cold-rolled coil (CRC) in the Commonwealth of Independent States continued to be poor over the past week because of unfavorable circumstances in most key outlets.Metal Bulletin's weekly price assessment for CIS-origin HRC exports was $535-555 per tonne fob Black Sea on Monday June 4, down from $545-560 per tonne a week earlier."The Middle East has [its seas...Read More
Demand for flat steel in Turkey will remain moderate through June, but prices are believed to have bottomed during May, market participants told Metal Bulletin."Local demand is not good, but exports are good. I don't think prices will fall - they have bottomed already," one market participant said on Friday June 1."Our prices are low compared with global prices. In the United States, hot-rolled co...Read More
The finalization of Section 232 tariffs last week has prompted some developers to award building and steel contracts more quickly than usual, likely in an effort to avoid even higher steel costs in the future, one northeastern structural steel fabricator said. Developers awarded "quite a few" contracts immediately in the wake of news that President Donald Trump won't exclude Canada, Mexico and the...Read More
The purchasing managers' index (PMI) for the eurozone manufacturing sector fell to a 15-month low in May 2018 as the slowdown in the region's growth continued, data supplier IHS Markit said on Friday June 1.The final rating for May was 55.5, down from 56.2 in April, making it the fifth consecutive rating fall this year. However, this follows a record high in December 2017.A figure higher than 50 i...Read More
CloseGain/LossGold $1291.80-$1.30Silver$16.40+$0.01XAU82.18-1.04%HUI176.94-1.23%GDM620.48-0.10%JSE Gold1007.04-7.73USD94.05-0.18Euro116.98+0.39Yen91.13+0.29Oil$64.75-$1.0610-Year2.943%+0.041T-Bond143.96875-0.84375Dow24813.69+0.72%Nasdaq7606.46+0.69%S&P2746.87+0.45% The Metals: Gold dipped $2.70 to $1290.40 in Asia before it rallied up to $1297.70 in London, but it then dr...Read More
TIMBER!! That is the standard cry in the forest industry among loggers who cut down giant trees, the warning to step aside for the great impact. GET READY FOR THE SIMULTANEOUS BANKING CRISIS IN THE THREE BIGGEST EUROPEAN ECONOMIES: GERMANY, FRANCE, ITALY. The United States and the London Centre will not be able to avoid the crisis.Try that again. TIMBERRRR !! An event of monumental importance an...Read More
By Nicholas LePan, GoldSeek.comIn 2012, the government of Saskatchewan published a report "Saskatchewan Gold: Mineralization Styles and Mining History" which outlined that the majority of the province's gold deposits are Orogenic Gold Deposits "OGD", more of which SSR Mining (TSX: SRRM) hopes to find with its current exploration efforts by chasing a shear zone that extends from the Santoy Orogen...Read More
By Frank HolmesStrengths? The best performing metal this week was palladium, up 2.39 percent. In terms of gold, traders and analysts were bullish on the yellow metal this week after being split in the previous week, according to the Bloomberg weekly survey. The bullishness is driven by uncertainty over the future leadership of Italy and Spain, which could lead investors to gold. H...Read More
VANCOUVER, British Columbia, June 04, 2018 (GLOBE NEWSWIRE) -- Blue Sky Uranium Corp. (BSK.V) (MAL2.F) (BKUCF), ("Blue Sky" or the "Company") is a member of the Grosso Group and is the 100% owner of approximately 459,000 hectares (1,134,000 acres) of uranium and vanadium concessions in Argentina in the southern provinces of Chubut and R?o Negro, Argentina.AchievementsThe Company's flagship proje...Read More
Gold moved lower in May and it's also down in June, but the price action is far from being spectacular. The overall volatility is still very low and the situation in the precious metals sector is simply extremely boring. But with May now being over and with a new month, new factors are likely to come into play and the odds are that this month will be anything but boring. Especially, if we see th...Read More
By Avi GilburtBubbles in Nasdaq, bubbles in financial assets, bubbles in cryptos . . . bubbles are being reported everywhere. Moreover, more and more analysts are pointing to some financial crisis after another as each day goes by. Whether it is because of the cessation of QE, or because of the issues in Italy, or trade wars, etc., we are clearly not lacking for any reasons as to why this market...Read More