IAMGOLD Watershed Property Surrounds Cot?(C) Gold DepositVancouver, British Columbia, Canada, September 29, 2020. Ely Gold Royalties Inc. (TSX-V:ELY, OTC-QX:ELYGF) ("Ely Gold" or the "Company") has agreed to purchase, a 1% net smelter returns royalty (the "Watershed Royalty") fromSanatana ResourcesRead full newsRead More
Chicago, IL - September 29, 2020 - Venzee Technologies Inc. (TSX-V:VENZ) ("Venzee" or the "Company") reports continued steady addition of retail channels - outpacing internal growth targets and meeting client demand for digital integration across the valuable "last-mile" of global retail.According to Venzee CEO John Abrams, "Our ability to monetize our brand clients is directly tied to how quickl...Read More
NEW YORK, Sept. 22, 2020 /PRNewswire via COMTEX/ --NEW YORK, Sept. 22, 2020 /PRNewswire/ -- With government spending skyrocketing and the value of the U.S....Read full newsRead More
(Updates prices and dollar impact, adds comment) By Pratima Desai LONDON, Sept 29 (Reuters) - Copper prices softened onTuesday as inventories in London Metal Exchange-registeredwarehouses jumped, but losses were capped by a weaker dollar asthe market awaited manufacturing data from top consumer China. Benchmark copper on the LME was down 0.1% at $6,568a tonne by 1558 GMT. Prices of the metal used...Read More
It's the first, and a breakthrough in detecting the virus. Natasha Pace reports.Read full newsRead More
It's the first, and a breakthrough in detecting the virus. Natasha Pace reports.Read full newsRead More
Jon Case, portfolio manager at CI Investments, joins BNN Bloomberg to discuss the open letter to global gold companies advocating for change in their governance and operations.Read full newsRead More
Jon Case, portfolio manager at CI Investments, joins BNN Bloomberg to discuss the open letter to global gold companies advocating for change in their governance and operations.Read full newsRead More
NEW YORK, Sept. 22, 2020 /PRNewswire via COMTEX/ --NEW YORK, Sept. 22, 2020 /PRNewswire/ -- With government spending skyrocketing and the value of the U.S....Read full newsRead More
Here are five Fastmarkets stories you might have missed on Monday September 28 that are worth another look....Read More
The three-month price of zinc on the London Metal Exchange was the standout performer at the close of trading on Monday September 28, rallying during afternoon trading to push firmly above the $2,400-per-tonne threshold.Tin, meanwhile, continued to recover after slipping below nearby support during the morning trading session.Zinc's outright price on the LME closed at $2,432 per tonne on Monday af...Read More
Here are the key takeaways from Fastmarkets' International Aluminium Conference that took place on Monday September 21-Wednesday September 23. Low-carbon aluminium Low-carbon aluminium is a huge talking point in the market right now and the conference dedicated a day to sustainability. Sustainability directors from Rio Tinto, Norsk Hydro, UC Rusal and Alcoa participated in a panel discussion discu...Read More
Jack ChanPosted Sep 28, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.COT data favors overall lower gold prices.COT data favors overall lower silver prices.Our ratio gave a very timely SELL sig...Read More
Sentiment was buoyed by renewed hopes of US fiscal stimulus, and improvements in industrial companies' profits in China, ahead of the country's Golden Week holiday which begins on October 1.There was keen interest in lithium stocks following Tesla's news it planned to build a lithium hydroxide chemical plant in Texas; and Piedmont Lithium confirmed a spodumene sales agreement with the EV manufactu...Read More
It's the second time in a year Vale has had to suspend Viga's concentration plant.It estimated impact of the latest temporary stoppage was about 11,000 tons of iron ore fines per day.Vale said the B7 dam was suspended on September 24 in compliance with a court decision regarding a public civil action filed by the municipality of Jeceaba.It said as a result, Viga's concentration plant was also susp...Read More
Here are the key takeaways from Fastmarkets' International Aluminium Conference that took place on Monday September 21-Wednesday September 23. Low-carbon aluminium Low-carbon aluminium is a huge talking point in the market right now and the conference dedicated a day to sustainability. Sustainability directors from Rio Tinto, Norsk Hydro, UC Rusal and Alcoa participated in a panel discussion discu...Read More
Seaborne prices for both low and high-grade manganese ore in China were rangebound in the week to Friday September 25, although moving in slightly divergent trends amid a persistently poor market sentiment following continued weakness in both the portside ore and alloy futures markets, sources said.Fastmarkets' manganese ore index, 37% Mn, cif Tianjin was $4.27 per dry metric tonne unit (dmtu) on...Read More
Canada-based base metals producer Lundin Mining has halted ore processing operations at its Chapada copper-gold mine in Midwestern Brazil after a power outage damaged mill motors, the company said on Sunday September 27. Interruption of power services to the mine occurred on Sunday. When power was restored, the protection system of Chapada's main electrical substation failed, according to the comp...Read More
Here are five Fastmarkets stories you might have missed on Monday September 28 that are worth another look....Read More
The slowdown of the roll-out of fifth generation technology (5G) is continuing to weigh on the tantalum market with the concentrate price falling to a year-to-date low on Friday September 25. Fastmarkets assessed the price of tantalite, basis 25% min Ta2O5, cif China at $56-57.75 per lb on Friday, down from $57-59 per lb a week earlier and down from its year-to-date high of $65-68 per lb in May. T...Read More