German chemical conglomerate BASF, Russian miner Nornickel and Finnish state-owned energy company Fortum have signed a letter of intent for a battery recycling cluster in Harjavalta, Finland, serving the electric vehicles (EV) market. The joint venture aims to foster the production and use of responsibly produced recycled raw materials in the battery market, using closed-loop recycling to re-use t...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday March 6. China The UG2 chrome ore price hit its lowest level since April 2016 in its third consecutive week of decline. Spot Chinese ferro-chrome prices steady due to the market awaiting March tender prices from...Read More
US non-ferrous scrap export volumes in January increased by only 1% compared with a year previous, according to data from the US Department of Commerce. Volumes totaled 233,878 tons in January, up from 231,593 tons in January 2019.Of the six scrap metal categories tracked by Fastmarkets - aluminium, used beverage cans (UBCs), copper, lead (other than lead-acid batteries), nickel and zinc - UB...Read More
The Chinese government has announced a fourth quota for copper scrap imports, which importers must apply for to bring scrap material into China.A total of 3,520 tonnes of copper scrap will be allowed to enter into China under the latest quota, according to a release on Saturday March 7 from the China Solid Waste & Chemicals Management Bureau, which is part of the Ministry of Ecology and Environmen...Read More
Colombia, Ecuador and Peru all host prospective geological settings for mineral exploration. While they remain under-explored by modern-day standards, South America's reputation as an established mining destination gives a head start to companies looking to develop projects in these countries. Auryn ResourcesA geologist collects a sample at the Totora target on Auryn Resources' Sombrero copper pro...Read More
Hey guys and gals,GOLDEN SHOT GUIDE: https://imgur.com/a/QD8CakNTony Richardson channel: Sign up for the best guides on the market www.patreon.com/golfclashtommyBECOME A MEMBER: https://www.youtube.com/channel/UCUKg...-CHECK OUT OUR NEW WEBSITE-https://www.golfclashtommy.comThis is the guide and tutorial for the Golden Shot, difficulty level is Hard. I show you 9 shots which includes 6 hole in one...Read More
Here is a Mashup of Harris Jayaraj Hit Numbers featuring two amazingly talented artists, Priyanka & Allan Preetham.Vocals - Rajaganapathy & Priyanka NkMusic / Mix & Master - Allan PreethamShot & Edited - Sanjay SooriyaThanks to Holiday INN - OMR fortheir Hospitality. Thanks to Vivek Anna.Enjoy " Harris Jayaraj Hits Mashup - Rajaganapathy ft.Priyanka NK & Allan Preetham "Stay tuned here for more: h...Read More
Central banks around the world are panicking as their interest rate plans have completely derailed in light of the coronavirus outbreak. The virus that causes COVID-19 broke out in Wuhan, China, earlier in 2020.At writing, cases of the virus in China have increased, and there have been outbreaks in Northern Italy, Korea, and Iran. Forty banks have already cut interest rates due to the pandemic, an...Read More
Buying a basketful of the top TSX dividend stocks is a smart play right now. Indeed, a bear market could already be underway, with sentiment taking a downward turn.The next few months will determine whether the record bull run is finally at an end. In the meantime, getting defensive is a strong move.Here are two top stocks to buy now as pundits turn bullish on dividend stocks.Buying the best Canad...Read More
The March edition of our On the Move newsletter is now available. The monthly publication tracks management and board appointments across Canada's mining and mineral exploration industry.To view a copy of the newsletter, click here.Keep us up to date on your company's latest appointments and achievements by emailing us at [email protected] or sign up for the free newsletter.Read More
Red Chris mine, British Columbia. (Image courtesy of Newcrest Mining) Newcrest Mining (ASX: NCM) has lowered its gold production forecast for the full year due to reduced output following the sale of its interest in the Gosowong mine in Indonesia.Australia's largest listed gold miner cut gold production outlook to between 2.1 million ounces and 2.2 million ounces for fiscal 2020, from 2.38 milli...Read More
Brucejack mine, British Columbia. Image courtesy of Pretivm ResourcesPretium Resources has released updated resources and reserves for the Valley of the Kings zone at the Brucejack mine in British Columbia as well as an updated life of mine plan. Most notable is the 36% drop in the reserve grade for this zone down to 8.8 g/t gold, versus the prior estimate of 13.8 g/t.The resulting mine plan upd...Read More
The plant at First Quantum Minerals' Cobre Panama mine. Credit: First Quantum Minerals Royalty and streaming company Franco-Nevada just had its best year ever, reporting revenue of $844.1 million on the sale of 516,438 gold-equivalent oz.Net income for the year was $344.1 million, or $1.83 per share.The final quarter of 2019 was also the company's best quarter ever, with revenue of $258.1 million...Read More
Aurizona gold mine, Brazil. (Image courtesy of Equinox Gold.) Equinox Gold (TSX: EQX NYSE: EQX) and Leagold Mining Corporation announced Tuesday they have completed their business combination, merging to create one of the world's top gold producing companies operating entirely in the Americas. The deal, announced in December, adds Leagold's four mines in Mexico and Brazil to Equinox's port...Read More
1.The US government is taking Corona very seriously, but only as it relates to the stock market. 2. Instead of trying to save burning stock market investors from an ongoing sleigh ride into the financial abyss, the government needs to start mobilizing the nation's armed forces... for the biggest mass disinfectant program in the history of America.3. Trump is gambling (with millions of l...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 10, 2020The US government is taking Corona very seriously, but only as it relates to the stock market. Instead of trying to save burning stock market investors from an ongoing sleigh ride into the financial abyss, the government needs to start mobilizing the nation’s armed forc...Read More
"Today had all the making of a classic relief rally across the global macro space until a spate of negative headlines threatened to morph the bounce from one of respite to that of the dead cat variety," Marex Spectron's Dee Perera said from the LME desk.European markets closed lower but Australasian and North American indices finished higher, with the S&P 500 gaining 4.9%.Futures were mixed.Me...Read More
Revenue for the quarter amounted to RUB64.6 billion (US$910 million), with sales of gem-quality diamonds up by 52% quarter on quarter to US$880 million.Read More
Today is Tuesday, March 10, 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 $1,657.73. It's down -0.95% from yesterday and up 2...Read More
Today is Tuesday, March 10, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Cactus (NYSE: WHD), Baker Hughes (NYSE: BKR), and Liberty Oilfield Services (NYSE: LBRT).Cactus (NYSE: WHD)Cactus (NYSE: WHD) is a $1.037 billion company today with a one-year return of -60.23%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-value-to-free-cash-f...Read More