We learned from Sam Spring, President and CEO of Kincora Copper Ltd. (TSXV: KCC), that in third quarter of 2019, Kincora made the strategic decision to secure a district-scale position in the Macquarie Arc of the Lachlan Fold Belt, NSW, Australia. Kincora Copper's flagship project, called Trundle, sits within the same mineralized system as Northparkes Copper and Gold Mine, which is Australia's sec...Read More
Southern Empire Resources (TSXV: SMP) is set to acquire all of the issued and outstanding common shares of MAS Gold (TSXV: MAS).The terms of the deal are that each shareholder of MAS Gold will receive one common share of Southern Empire for every 8.5 common shares of MAS Gold. On completion, Southern Empire will issue a total of 5.83 million Southern Empire shares to the shareholders of MAS Gold.B...Read More
Chakana Copper (TSX-V: PERU) (OTC: CHKKF) just received its long-awaited permit which will allow it to drill some of the most exciting copper-gold targets in the space.I caught up with David Kelley to go over the Soledad copper-gold silver project, which Chakana has an exiting option on that will allow it to retain 100% of the project. We talked about the excellent grades to date, when to expect d...Read More
AVZ Minerals managing director Nigel Ferguson believes it is the "disruptor" EMEA EV battery hopefuls are waiting for and that can certainly cement the DRC's central place in regional new-energy supply chains.To that end, AVZ is working as fast as it can in a COVID-19 constrained world to put in place start-up financing for its 60%-owned Manono Lithium and Tin Project on the mid-Proterozoic intrac...Read More
LONDON, 13 July 2020 - Comment and data from BullionVault features today in a report on the rising price of silver from major US investment news-site MarketWatch."The number of private individuals seeing stability and diversification with precious metals has never been greater," the report quotes Adrian Ash, director of research, adding that client holdings of the grey precious metal have now grow...Read More
Gold Springs Resource Corp's Geologists Randy Moore (Vice President Exploration and Senior Geologist) and Henry Black ...Read More
EB Tucker and Metalla CEO, Brett Heath present at Sprott 2020 Natural Resource Symposium.Read More
Craig Parry, IsoEnergy's President & CEO discusses why there is no better time to invest in uranium.Read More
IsoEnergy's CEO, Craig Parry and VP Exploration Steve Blower discuss current uranium market dynamics, IsoEnergy's strategy ...Read More
(Bloomberg) -- Zimbabwe's biggest gold mines are being snapped up by Mauritius-based Sotic International Ltd. as the price of bullion soars to the highest in more than eight years.Landela Mining Ventures Ltd., which is controlled by Sotic, bought two of Zimbabwe's gold mines this year. The newcomer isRead full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index gained 15.15 points and rose 1.6% to close at 971.87.MACD jumped 2.48 points higher to 1.01. RSI rose 2.76 points to 61.04. Should it move much higher then RSI breaks a strong resistance area that has held it in check most of the last few months.Support is at 900 and...Read More
Every weekend I publish the list of stocks that were the big movers up and down the INK Edge rankings in the INK Chat stock ideas channel. Over the past week, two junior gold producers, Calibre Mining ( CXB) and Galiano Gold (GAU), are the top movers up the INK Edge rankings. Click here for the full discussion and report.INK Edge July 11 movers via INK ChatIf you have not yet registered for INK...Read More
Despite the Federal Government's efforts to diversify the economy, earn more foreign exchange and create jobs, reports of illegal goldRead full newsRead More
An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns.Read full newsRead More
Brazilian steel slab export prices narrowed downward in the week ended Friday July 10 because the country's quota for steel imports into the United States has approached its limit.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, narrowed downward by $10 for the second consecutive week on Friday, to $375-380 per tonne, from $375-390 per tonne a week earlier.Past of...Read More
European steel association Eurofer is urging the Global Forum on Steel Excess Capacity (GFSEC) to intensify efforts to tackle global steel overcapacity. The forum, comprising the G20 group of developed nations and the Organisation for Economic Cooperation & Development (OECD), held its most recent meeting on July 8-9, with steel stakeholders meeting earlier this week, on July 7. Eurofer has called...Read More
Market participants in the US ferrous supply chain attending aFastmarkets webinar on June 30 expected prices to be largely stable in the coming months, but benchmark indicators continue to track downward as an uneven reopening of the United States economy clouds the outlook. About 62% of respondents to a poll held during the webinar - titled "Sunny days ahead?" - expected hot-rolled coil...Read More
In light of the recent turmoil in the oil market, the Fastmarkets research team has closely examined the correlations between the price of oil and the prices for ferrous scrap and finished steel products, to discover nuanced relationships and their changes over time.It is common for steel market participants to refer to high correlations between oil prices and the prices for scrap and steel. Among...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Price uptrend stumbles, but expected to resumeAs we expected, Chinese export and domestic steel prices moved upward in June, settling within the 2% range of our forecasts. Rebar prices trended downward in the second half of the month while heavy rains and floods in parts of the country meant that some construction sites had...Read More