Recent News

China's Aggression Can't Be Ignored

June 26, 2020 / www.outsiderclub.com

Over the past few years, China has gotten increasingly aggressive...It's launched large-scale cyberattacks against rival governments and private companies, stealing vital information. It's attempted to seize control of the South China Sea - a body of water it shares with half a dozen neighboring countries.It's sent its navy and air force to harass those same neighbors, instigating conflicts with...Read More

Barrick Niugini to lay off 2,650 Papua New Guinea gold mine workers

June 25, 2020 / dlvr.it

TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More

Precious Metals Update Video: What a day, Gold at a key resistance zone: $1,800..

June 25, 2020 / news.goldseek.com

By: Ira EpsteinSilver was a miserable failure trying to join the party. Gold as lots of resistance here but it does not mean that it will not break to the upside:Read More

Precious Metals Update Video: What a day, Gold at a key resistance zone: $1,800..

June 25, 2020 / news.goldseek.com

By: Ira EpsteinSilver was a miserable failure trying to join the party. Gold as lots of resistance here but it does not mean that it will not break to the upside:Read More

#Gold exploration companies are flocking to the mining district in the hopes of making the next big discovery.

June 25, 2020 / bit.ly

Gold exploration companies are turning to the Red Lake district.Read full newsRead More

RT @GreenlaneBiogas: Michigan utility vows to reach net-zero emissions in its #naturalgas business by 2050 [

June 25, 2020 / www.bridgemi.com

The energy company's natural gas business has joined its electricity business in vowing to eliminate net carbon emissions by 2050. Here are four takeaways from Bridge's interview with the company'sRead full newsRead More

$FENX $FDVXF @FENXGold Exploration Update and Announces Completion of First Tranche Warrant Exercise

June 25, 2020 / bit.ly

FenixOro Gold Corp is pleased to provide an update on the Phase 1Read full newsRead More

RT @FENXGold: $FENX #GOLD

June 25, 2020 / www.newsfilecorp.com

Toronto, Ontario--(Newsfile Corp. - June 25, 2020) - FenixOro Gold Corp (CSE: FENX) (FSE: 8FD) is pleased to...Read full newsRead More

INK Ultra Money: Rosenberg likes gold and healthcare on the way to stagflation

June 25, 2020 / www.canadianinsider.com

David Rosenberg is back on Real Vision today with a bullish take on gold and healthcare. As for the rest of the market and the economy, that is a different story. He also sees a zombification of corporate America, a theme we discussed last week. Corporate zombies are on the roam For those who are upbeat on the prospects of both the resource and public sectors in the years ahead, check out our v...Read More

Summa Silver to Begin 7,500m Summer Drill Program at the Hughes Silver Project, Nevada with Multiple Drill Ready Targets

June 25, 2020 / kincommunications.com

Vancouver, BC- Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that is has finalized plans for a 7,500 metre summer drill program at it's Hughes Property in Central Nevada. The program will be surface based and consist of both reverse circulation (RC) and core drilling in approximately 15 holes beginning in early July.The Company's historica...Read More

FinCanna Announces Extension and Repricing of Previous Convertible Debenture Financing and an Increase in the Convertible Debenture to Raise $2.5 million

June 25, 2020 / kincommunications.com

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry, announces amendments to the terms of its outstanding Convertible Debentures and Warrants and announces a new Convertible Debenture Financing.Amendments to Outstanding Debentures and WarrantsThe Company has received Debenture and Warrant Holder...Read More

IN CASE YOU MISSED IT: 5 key stories from June 24

June 25, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday June 24 that are worth another look.The threat of Section 232 tariffs on aluminium imports from Canada into the United States has, like the great white shark following the Brody family in the universally panned film, 'Jaws: The Revenge,' returned - akin to a truly awful horror movie franchise.The Materials Services trading arm of...Read More

GLOBAL NICKEL WRAP: Lackluster physical appetites keep global nickel premiums flat

June 25, 2020 / www.metalbulletin.com

Nickel premiums in all regions traded flat in the week ended Tuesday June 23, with demand for the metal being weak in all global markets.Negative arbitrage between the London Metal Exchange and Shanghai Futures Exchange kept China trade subduedUptick in European briquette inquiries on SHFE deliverability from October failed to result in higher premiumSubdued spot trade steadied US nickel premiums....Read More

RESEARCH: Key takeaways from the latest Base Metals Market Tracker

June 25, 2020 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: Poised for a technical breakoutFears over a second wave of Covid-19 continue to grow, forcing prices of aluminium and the other base metals to take a pause. Our base-case scenario is that countries will respond more efficiently to contain the virus spread, so economic activity and metal demand should continue to r...Read More

Markets down after gloomy IMF outlook

June 25, 2020 / www.mining-journal.com

The IMF said the pandemic had a more negative impact on activity in the first half of 2020 than anticipated.It's projected global growth at -4.9% for this year, and -8% in advanced economies, both 1.9 percentage points below the forecasts in its April World Economic Outlook.It also expected a cumulative loss to the global economy from the pandemic crisis of more than US$12 trillion over 2020 and 2...Read More

IN CASE YOU MISSED IT: 5 key stories from June 24

June 25, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday June 24 that are worth another look.The threat of Section 232 tariffs on aluminium imports from Canada into the United States has, like the great white shark following the Brody family in the universally panned film, 'Jaws: The Revenge,' returned - akin to a truly awful horror movie franchise.The Materials Services trading arm of...Read More

IN CASE YOU MISSED IT: 5 key stories from June 24

June 25, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday June 24 that are worth another look.The threat of Section 232 tariffs on aluminium imports from Canada into the United States has, like the great white shark following the Brody family in the universally panned film, 'Jaws: The Revenge,' returned - akin to a truly awful horror movie franchise.The Materials Services trading arm of...Read More

JAPAN SCRAP: Sharp drop in export prices leads to fresh deals

June 25, 2020 / www.metalbulletin.com

Export prices for Japanese steel scrap fell heavily over the past week with exporters reducing rates to stimulate fresh bookings, market sources told Fastmarkets on Wednesday June 24.Asian buyers shunned Japanese scrap offers last week, citing the fact that prices were too high, and instead concentrated on booking material from other sources such as the United States West Coast.Fastmarkets' price...Read More

DAILY STEEL SCRAP REPORT: Weakening rebar markets keep mills away from deep-sea bookings

June 25, 2020 / www.metalbulletin.com

The Turkish deep-sea scrap import market remained quiet on Wednesday June 24, with mills continuing to push for lower prices due to weakening finished long steel demand, sources told Fastmarkets.Seel producers in the country have been staying away from deep-sea scrap purchases since the beginning of last week, when demand for rebar, especially in the local market, started to weaken.Prices for...Read More

MORNING VIEW: Metals holding up well; continuing spread of Covid-19 in some regions could threaten supply

June 25, 2020 / www.metalbulletin.com

Broader markets were consolidating this morning, Wednesday June 24, underpinned by better economic data, but conversely held back by concerns about how the spread of the Covid-19 is accelerating in some regions; the spread in some mining countries is now a potential threat to supply.Tuesday's flash June purchasing managers' index (PMI) data shows the global economy is recovering at a better rate t...Read More

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