The metals and equity indices were mixed this morning, Monday August 3, with numerous crosscurrents affecting the markets.Data this morning showed China's Caixin manufacturing purchasing managers' index (PMI) climbed to 52.8 in July from 51.2 a month earlier, while Japan's manufacturing PMI rebounded to 45.2 from 42.6 over the same comparison. But the continuing spread of the Covid-19 in the world...Read More
A summary of Belgian battery materials company Umicore's results for the first six months of 2020, as stated in its half-year report published on Friday July 31.In brief Revenues from the Energy & Surface Technologies division were down by 8% year-on-year in the first half of 2020, to ?,?557 million ($656 million), due to the effect of the Covid-19 pandemic on sales of electric vehicles (EVs). Ear...Read More
The Covid-19 pandemic has hampered global trade in an unprecedented way, with countries across the world imposing trade restrictions in their attempts to contain the spread of the virus, and with production and consumption being scaled back due to the weakened economic activity.As a result, world trade volumes showed a decrease of nearly 17% in the first five months of 2020, according to the lates...Read More
The cobalt alloy grade, in-whs Rotterdam trade log, including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed...Read More
The cobalt standard grade, in-whs Rotterdam trade log, including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt standard grade, in-whs Rotterdam at $13.90-14.35/lb on Monday August 3, 2020. ...Read More
China's domestic bismuth price has maintained its strong market level in a tight spot market, after picking up in mid-July, trading sources said.Fastmarkets' weekly price assessment for bismuth 99.99% Bi min, in-whs China was at 37,000-38,500 yuan ($5,306-5,521) per tonne on Friday July 31, up by 1,500 yuan per tonne or 4.1% from 36,000-36,500 yuan per tonne a week earlier. Market participants ha...Read More
The latest forecast from Fastmarkets' team of analysts is ready to view.As we enter the summer season across the northern hemisphere, almost half a year has passed since the Covid-19 pandemic began to seriously affect Europe and the United States.One would not really be able to tell that such a dramatic event had occurred by looking at stainless steel prices, however, because they are more or less...Read More
The global equity markets have been highly volatile this year amid the uncertainty created by the pandemic. The outbreak of COVID-19 had led to a slowdown in economic activities across the world. So, the central banks in the United States and Canada had lowered the interest rates to boost the economy. The lower interest rates have also reduced the yields on bonds and debts, thus making them less a...Read More
Are you looking to increase your dividend income today? Well, I’m here to tell you that dividend growth stocks are not a thing of the past. Many gold stocks are awash in cash these days. Read on for the gold stock with the strongest dividend growth profile and the best investment case to buy.Today, the world is in the midst of the crisis of a lifetime. The coronavirus pandemic has touched ev...Read More
The Association for Mineral Exploration (AME) is accepting submissions for AME MinEx Talks.AME MinEx Talks are formatted as short, inspirational TED Talks-style of approximately 12-15 minutes in length, aiming to leave the audience inspired and ready for dialogue.Topics still available for submission are:Social LicenseModern Financing/Finance TrendsEnvironmental, Health & Safety InnovationTechnolo...Read More
Mining interoperability. Credit: RPMGlobal. RPMGlobal has partnered with the University of Western Australia's (UWA) Energy and Resources Digital Interoperability Industry 4.0 (ERDi i4.0) Testlab and Enterprise Transformation Partners (ETP) to help advance standards-based interoperability for the mining industry.Under the partnership, RPMGlobal will collaborate on the AMIRA P1208 Enabling Inter...Read More
Rothsay automation layout. Credit: RCT Redpath Australia has selected RCT, a company specializing in autonomous solutions, as its technology partner at Silver Lake Resources' development-stage Rothsay underground gold project.RCT will install its ControlMaster guidance automation technology, which features the company's latest Auto Dump feature, onto three Sandvik LH203 underground loaders...Read More
Rio Tinto has completed a 10-hole bulk sample at Star Diamonds' Star-Orion South project in Saskatchewan using a Bauer trench butter rig. Credit: Rio Tinto Star Diamond has begun to receive results from Rio Tinto's bulk-sampling program at the Star-Orion South project in central Saskatchewan.Rio has so far processed material from four of the 10 trenches excavated from the Star kimberlite at the...Read More
Goldlund Project (Credit: First Mining Gold). Treasury Metals and First Mining Gold reported high-grade intercepts from drilling at the Goldlund project in northwestern Ontario, completed to define the mineralization in the eastern portion of the existing resource.In June, Treasury announced that it was acquiring the Goldlund project from First Mining - the transaction is expected to close by...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 4, 2020 The main theme for gold and silver investors right now is what I call the “SHO” theme; space helmets on! Simply put, as I predicted several years ago, gold (and silver) are becoming accepted as a major asset class for wealth building.Institutional money managers a...Read More
Castillo, which is already listed on the ASX and is seeking to capitalise on growing demand for copper, is looking to progress exploration projects in Australia and Zambia.Read More
Equipment, parts and service revenue was down a hefty 30%, year-on-year, in the June quarter, to DKK3,846 million (US$608 million), while orders slumped 32% yoy to DKK3,348 million (US$529 million) and EBITA fell 73% yoy to DKK131 million (US$20.7 million).While the company said it dedicated "a lot of attention [during the quarter] to assessing and managing the pandemic's impact on our business &h...Read More
My cousin started out on a hard road. He was in the middle of a pack of nine siblings with an absent father and a single mom who worked as a secretary at the local Macy's. They never had enough money, and I remember my grandfather converted the single garage of their duplex into a bedroom for the three boys.After dropping out of college and washing out of Ranger training, my cousin started working...Read More
Fremont's Griffon project in Nevada's prolific Cortez Trend is being drilled for the first time since the 1990s. Drilling at GriffonFremont Gold Ltd. (FRE:TSX.V; FRERF:OTCQB; FR2:FSE) went public in 2017 with the goal of making a new gold discovery in Nevada. Founded by geologists that have a track record of making multi-million-ounce gold discoveries, Fremont believes that the drill program unde...Read More
Omineca Mining & Metals aims to locate the bedrock sources of placer gold it encountered on bulk sampling in 2012. In a news release, Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) (OMM:TSX.V; OMMSF:OTCMKTS) provided an update on its flagship Wingdam gold project in British Columbia's Cariboo, a historical mining district.The Saskatchewan-based mining company noted it is completing wor...Read More