Jersey-based Royal Road Minerals (TSXV: RYR) announced the closing of the acquisition of Northern Colombia Holdings from Compa???-a Kedahda, an affiliate of AngloGold Ashanti (JSE: ANG) (NYSE: AU).In a press release, Royal Road explained that NC Holdings, through its subsidiaries, owns Exploraciones Northern Colombia, which holds or has rights to a title package comprised of mining concession agre...Read More
* GRAPHIC-2019 asset returns:* Manufacturing PMIs highlight problems ahead (Updates with official prices, ISM data and dollar impact)By Pratima DesaiLONDON, June 3 (Reuters) - Copper prices touched five-monthlows on Monday, pressured by the escalating trade disputebetween the United States and China and concerns over the damageto manufacturing activity and demand for industrial metals.Benchmark co...Read More
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - May 30, 2019) - Investorideas.com, a global investor news source covering mining stocks releases a snapshot looking at the recent developments in the African Gold mining sector, specifically in Tanzania. In Tanzania, revenues fromRead full newsRead More
A tree-testing method for gold discovery in Australia is holding up against surface and groundwater analysis in at least a few samples and has major...Read full newsRead More
The third wave of digitalization is taking the mining industry by storm. Not everyone is riding on top of the highest wave, but instead trying to settle on their surfboards and figuring out how to go forward. For example, do age, connectivity and heterogeneity of the fixed plant assets restrict the speed, and what is there to gain? Are autonomously optimized equipment, high asset availability an...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index initially made an attempt to move above 1100 but quickly renewed its downward slide. The Index closed at its lowest point since late January, falling 0.9% or 10.6 points to 1078.56.MACD fell 0.9 to -2.93. RSI fell 1.35 to 27.33. And here, we note...Read More
Here are five Fastmarkets MB stories you might have missed on Friday May 31 that are worth another look.Troubled UK long steel producer British Steel entered compulsory liquidation on May 22. Fastmarkets examines the reasons behind the company's recent struggles, from uncertainty about Brexit and a slump in orders to rising costs for raw materials. Brazil-based miner Vale said fragments of th...Read More
The global steel billet market featured mixed price movements during the week ended Friday May 31, with trading slow in most billet-consuming countries.Middle Eastern markets and some in Africa and Asia were quiet due to the traditional slowdown during the Islamic holy month of Ramadan. The forthcoming rainy season was another actor behind weak demand in Asia.The optimism seen in the Black Sea mar...Read More
The global steel billet market featured mixed price movements during the week ended Friday May 31, with trading slow in most billet-consuming countries.Middle Eastern markets and some in Africa and Asia were quiet due to the traditional slowdown during the Islamic holy month of Ramadan. The forthcoming rainy season was another actor behind weak demand in Asia.The optimism seen in the Black Sea mar...Read More
Here are five Fastmarkets MB stories you might have missed on Friday May 31 that are worth another look.Troubled UK long steel producer British Steel entered compulsory liquidation on May 22. Fastmarkets examines the reasons behind the company's recent struggles, from uncertainty about Brexit and a slump in orders to rising costs for raw materials. Brazil-based miner Vale said fragments of th...Read More
Here are five Fastmarkets MB stories you might have missed on Friday May 31 that are worth another look.Troubled UK long steel producer British Steel entered compulsory liquidation on May 22. Fastmarkets examines the reasons behind the company's recent struggles, from uncertainty about Brexit and a slump in orders to rising costs for raw materials. Brazil-based miner Vale said fragments of th...Read More
CLICK HERE TO SEE WHAT CITY TOMMY SOTOMAYOR WILL BE IN NEAR YOU & PURCHASE TICKETS FOR THE ANTI PC TOUR! https://www.tjskoc.com/preordertickets/click here to join the new Good Morning Sotonation Channel! https://www.youtube.com/channel/UCC-R...click here to subscribe to the new TNN Raw Channel https://www.youtube.com/channel/UCPg8...CLICK HERE TO SEE WHAT CITY TOMMY SOTOMAYOR WILL BE IN NEAR YOU &...Read More
We have written for over a year about the historical importance of the shift in Federal Reserve policy. We've noted that over the past 65 years in 11 of 13 rate cut cycles the gold stocks have enjoyed tremendous gains. The historical data shows an average gain of over 170% and median gain of almost 150%.As of last Tuesday morning, the market showed an 84% chance of a rate cut by the Fed meeting in...Read More
Gold is catching a new tailwind that could push the price of the yellow metal above the early 2019 highs. If that happens, the gold miners appear cheap right now.Let’s take a look at the reasons behind the recent rebound in gold and try to determine if big players such as Barrick Gold (TSX:ABX) (NYSE:GOLD) deserve to be on your buy list today.Gold priceGold enjoyed a strong rally from US$1,2...Read More
Retirees and other income investors have a wide selection of quality dividend stocks to choose from on the TSX Index right now.Let’s take a look at three companies that might be interesting picks today.Bank of Nova Scotia (TSX:BNS)(NYSE:BNS)Bank of Nova Scotia’s stock price is back down to $69 per share, which isn’t too far off the December 2018 low around $67 and well off the 20...Read More
For as long as stock exchanges have existed, precious metals have been a benchmark for security. Now, as uncertainty mounts in the markets, and even the most stable of asset classes prove vulnerable to an increasingly fearful sentiment among investors, it would appear that gold and silver could yet again provide the safe haven that stockholders inevitably turn to.Though gold prices were wavering l...Read More
We have written for over a year about the historical importance of the shift in Federal Reserve policy. We've noted that over the past 65 years in 11 of 13 rate cut cycles the gold stocks have enjoyed tremendous gains. The historical data shows an average gain of over 170% and median gain of almost 150%.As of last Tuesday morning, the market showed an 84% chance of a rate cut by the Fed meeting in...Read More
"U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash"U.S. Treasury Secretary Steven Mnuchin on Thursday led a secret meeting of top U.S. financial regulators on the risks to global markets from the recent surge in corporate borrowing..."No details were provided on the gist of the discussion, though according to the statement the panel heard an 'update from Craig Phillips,...Read More
"Despite extensive efforts by Gascoyne to optimise operations by targeting improved mined grade, resource reconciliation, and increased material movements, Gascoyne has continued to experience issuesRead More
The price of gold rose this morning to its highest levels in over two months, as trade disputes between the United States and China continue to mount and fears grow that Trump's tariffs on Mexico will slow the global economy.At last look, gold for August delivery was trading up 0.79% today at $1,321.50 per ounce.Following warnings that it would begin blacklisting foreign companies from the country...Read More