Cobalt prices held on to their recent gains on Monday February 3, finding support because of the limited supplies of readily available material.Fastmarkets' inaugural daily price assessments on February 3 for cobalt standard grade, in-whs Rotterdam, and cobalt alloy grade, in-whs Rotterdam, were unchanged at $16.50-16.90 per lb and $17.40-17.80 per lb respectively. The previous assessments were on...Read More
Fastmarkets MB today launched daily publication for its benchmark price assessments for standard and alloy-grade cobalt, in-whs Rotterdam. Folllowing a consultation period in 2019, Fastmarkets has launched daily price assessments for cobalt standard grade, in-whs Rotterdam, $/lb and cobalt alloy grade, in whs Rotterdam $/lb. The increase in frequency is intended to provide greater transparenc...Read More
Despite mining's contribution to almost every aspect of modern life, the industry is still seen as one that takes more than it gives, which has brought it to the reputation crisis it faces today, Anglo American's (LON: AAL) chief executive officer, Mark Cutifani, said on Monday."We need to connect the future of mining with next-generation societal values," Cutifani told delegates at African Mining...Read More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Call us on 9059949657 to Register for Business Systematization Training.Topics CoveredHow to Become Financially Independent?BUSINESSMAN VS ENTREPRENEUR Mastering Selling Skills is to become an EntrepreneurHow to EARN 2-3 Lakhs in 8 months TimeIf you are committed to change your mindset and start a new business, then register for this free training. Call me at 9059949657Read More
Are gold miners poised to begin a long period of outperformance against gold?2. I've argued that most gold stocks peaked against gold bullion in 2006. GDX $31 and GDXJ $46 are my "launchpad" numbers for a major new bull run, a run that could last for decades.3. Please click here now. Schroders fund manager James Luke believes the miners peaked in 2005.4. He argues that the comp...Read More
Gold has rallied sharply since the start of 2020 gaining 2% to be trading at around US$1,550 per ounce. There are signs that the yellow metal will make further gains during 2020, particularly as uncertainty grows and economic as well as geopolitical risks worsen.Rising fearA key risk weighing on stocks and supporting gold is the coronavirus outbreak. This is because there are very real concerns th...Read More
The TSX Index had a big year in 2019, with strong gains coming from a number of sectors.This has made it a bit more difficult to find deals in the Canadian stock market, but there are a few top companies that didn’t participate in the rally last year and appear cheap right now for buy-and-hold investors.Let’s take a look at one oversold dividend stock that might be an interesting pick...Read More
Unlisted funds raised 12 times the amount for farmland versus mining investments. Image: Soligorsk, Belarus , Adobe stock. According to a new report by private capital tracker Preqin, fundraising for mining and metals investment slowed dramatically in 2019, falling to an eight year low. Aggregate capital raised to invest in farmland was 12 times that of mining, doubling from 2018 to $3.6 billio...Read More
Barrick's Kibali mine, Democratic Republic of Congo. Image from Rangold Resources. Global gold production is likely to keep falling, Barrick Gold (NYSE: GOLD TSE: ABX) boss Mark Bristow said on Tuesday. Bristow spoke at African Mining Indaba in Cape Town, the continent's biggest gathering of one of its most vital industries. In mid-January, the world's second-largest gold miner announced pr...Read More
The ????pler mine in eastern Turkey. Image by Alacer Gold Alacer Gold (TSX: ASR) (ASX: AQG) on Tuesday released its operating and financial results for the full-year ended December 31, 2019. The company had an "exceptional" year in 2019, generating more than $215 million in unlevered cash flow.With its operating foundation set as an intermediate producer, Alacer's focus for 2020 is to continue to...Read More
SQM evaporation ponds in Atacama, northern Chile. (Image courtesy of SQM.) Shares in lithium producers soared on Tuesday with the sector getting caught up in the investor enthusiasm for electric vehicle pioneer Tesla.Tesla's stock value has doubled since December, and the company is now worth more than Detroit's big three automakers - GM, Ford and Fiat Chrysler - combined. Only Toyota surpasses T...Read More
Are gold miners poised to begin a long period of outperformance against gold?2. I've argued that most gold stocks peaked against gold bullion in 2006. GDX $31 and GDXJ $46 are my "launchpad" numbers for a major new bull run, a run that could last for decades.3. Please click here now. Schroders fund manager James Luke believes the miners peaked in 2005.4. He argues that the comp...Read More
Bob Moriarty ArchivesFeb 4, 2020Prime Mining (PRYM-V) has picked up an existing gold mine in Sinaloa Mexico with a production history going to the 18th Century.Guadalupe de los Reyes is estimated to have produced 500,000 to 600,000ounces of gold and 40 million ounces of silver. Prime is buying the project for $6 million and a 1% NSR. The 6300 square km property comes with a 43-101 resource of 535,...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 4, 2020Are gold miners poised to begin a long period of outperformance against gold?I’ve argued that most gold stocks peaked against gold bullion in 2006.GDX $31 and GDXJ $46 are my “launchpad” numbers for a major new bull run, a run that could last for decades.Please...Read More
Resolution is raising about A$4.5 million to fund the work at its 64North exploration project, with the new shares being priced at 5c each.Read More
Today is Tuesday, February 4, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,550.80. It's down -1.65% from yesterday and up...Read More
Today is Tuesday, February 4, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of VAALCO Energy (NYSE: EGY), Enerplus Corporation (NYSE: ERF), and Energy Transfer LP (NYSE: ET).VAALCO Energy (NYSE: EGY)VAALCO Energy (NYSE: EGY) is a $128.45 million company today with a one-year return of 17.11%. Let's look at its price-to-earnings (P/E) ratio, its enterpris...Read More
Joe Kennedy - a famous rich guy and father of JFK - used to tell the story of how he got out of the market before the 1929 crash when a shoeshine boy gave him some stock tips. He figured that when the shoeshine boys have tips, the market is too popular for its own good.Bernard Baruch, another Wall Street big shot, described the scene before the crash:Taxi drivers told you what to buy. The shoeshin...Read More
Stewart Thomson 1. Are gold miners poised to begin a long period of outperformance against gold?2. I've argued that most gold stocks peaked against gold bullion in 2006. GDX $31 and GDXJ $46 are my "launchpad" numbers for a major new bull run, a run that could last for decades.3. Please click here now. Schroders fund manager James Luke believes the miners peaked in 2005.4...Read More