ALX Uranium (TSXV: AL) announced this week that it has signed a binding option agreement with Orano Canada to earn up to a 51% participating interest in the Close Lake uranium project located in the eastern Athabasca Basin area of northern Saskatchewan, Canada.In a media statement, ALX said the execution of the agreement confirms a five-year deal according to which the company has to fund explorat...Read More
* SPDR gold holdings fall to six-month low * Asian shares fall, European markets splutter * Gold to find support at $1,264, resistance at $1,284 (Updates prices)By Sethuraman N RApril 24 (Reuters) - Gold prices edged up from the previoussession's four-month low as a dollar rally relented and equitiessoftened on Wednesday.Spot gold was up 0.1 percent at $1,273 an ounce by1248 GMT after hitting its...Read More
* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, April 24 (Reuters) - Copper and other base metalsrecovered on Wednesday from the previous day's losses, buoyed byhopes for a U.S.-China trade deal and stronger economic growthin top metals consumer China.The White House said that top U.S. officials will travel toBeijing for trade talks next week, with one leading offi...Read More
Prior data on when the SPX tests its previous high Stocks have been on a tear since bottoming last Christmas Eve. The all-time high on the S&P 500 Index (SPX) now looms just overhead. A lot of market technicians see that as potential resistance. In other words, they believe there's an increased chance of a pullback or at the very least a pause in the rally. This week I'm looking at prior instances...Read More
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Chile-focused copper miner Antofagasta posted a 22.6 percent jump in first-quarter copper production and maintained its full-year output outlook, despite the possibility that China may ease stimulus measures which could hurt prices.Antofagasta said on Wednesday production in the quarter was bolstered by better quality ore and higher output, mainly at its Centinela mine, and kept its annual output...Read More
Chile-focused copper miner Antofagasta posted a 22.6 percent jump in first-quarter copper production and maintained its full-year output outlook, despite the possibility that China may ease stimulus measures which could hurt prices.Antofagasta said on Wednesday production in the quarter was bolstered by better quality ore and higher output, mainly at its Centinela mine, and kept its annual output...Read More
A video of Santiago Urdinola, head of private firm Minesa and former president of the Colombian Mining Association (ACM), has been leaked on Twitter and Facebook where he is shown saying the only perceptions that matter are those of regulators in Bogot??, not local communities.Urdinola's comments, recorded during an undated company meeting, are in relation to Minesa's application for an environm...Read More
We experienced the dangers associated with a stalled INK Indicator last year. Will it all happen again? Will we see a move up in stock prices in the first part of the year, only to see those gains evaporate in the fall?We tackle that question and more in the latest Canadian Insider Insights. Click here to read this week's newsletter (registration not required).Read More
CHEYENNE (AP) - A former gold and copper mining area in Wyoming could get a new lease on life with help from former U.S. Interior Secretary Ryan Zinke, who recentlyRead full newsRead More
Published 23 Hours AgoUpdated6 Hours AgoReuters Neil Hall | Reuters Gold steadied on Wednesday, crawling up slightly from the lowest in nearly four months hit during the previous session, with bullion pressured by a robust dollar as U.S. stocks took a breather following a strong rally.Spot gold was up 0.2 percent at $1,274.24 per ounce, a day after hitting its lowest since Dec. 26 at $1,265.90.U....Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to announce Traci Costa, CEO and Founder of Peekaboo Beans, will be presenting today, April 24, 2019 at E-Series Vancouver, hosted by Forum for Women Entrepreneurs.E-Series is a three-day educational program that educates women on the important topics that entrepreneurs in Canada need in...Read More
Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended higher Tuesday , with positive earnings reports pushing the S&P 500 and the Nasdaq to record closing highs. Coca-Cola (KO - Get Report) posted stronger-than-expected first-quarter earnings as organic sales growth and operating margins showed solid improvements from last year. United Technologies (UTX - Get Report) clim...Read More
A summary of base metals premiums from across the globe for the week to Tuesday April 23.Please click...Read More
Europe's return to the metals market after the Easter bank holiday has failed to precipitate any significant consumption, while a further slew of weak European and United States economic data destabilized London Metal Exchange three-month contracts by the close on Tuesday April 23. The entire complex traded down by close of play but no metal was harder-hit than nickel. The metal's LME three-month...Read More
Comex copper prices were dragged lower on Tuesday April 23 morning in the United States, with a surging dollar and concerns over Chinese growth weighing on the base metals complex.The copper price for May settlement on the Comex division of the New York Mercantile Exchange inched down by 2 cents to $2.8815 per lb. The red metal has been unable to set a clear price direction over the past few weeks...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the period ended Tuesday April 23. The European high-carbon, low-carbon and low phosphorous ferro-chrome and Turkish lumpy chrome ore cfr Chinese ports prices were due to be assessed on Friday April 19. As this was a UK public holiday, these prices were rolled over from the previous pricing day, as per our methodology. Th...Read More
The decline in the Chinese ferro-vanadium export price came to a halt last week after finding support from a firm domestic market and improved sentiment. Meanwhile, the European ferro-vanadium market continued its downward trend amid aggressive competition among sellers. Chinese ferro-vanadium price stabilizes on firm offersEuropean ferro-vanadium price slides again due to aggressive offersChinese...Read More
The ferro-silicon markets in China and the United States were stable in the week ended Friday April 19, with both seeing limited trading activity over the period.China Tightness developing after several producers in Northern China halted their operations a few weeks ago. With the expectation of tight supply, some domestic producers in China lifted their offers while buyers took a watchful stance d...Read More