The world's largest miner, BHP (ASX, NYSE: BHP), has lifted its forecasts for the global adoption and sales of electric vehicles (EVs), but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure does.BHP now estimates that at least 132 million EVs will be on the world's roads in 2035, and at least 561 million by the middle of the...Read More
The creator of one of the world's largest indoor rainforests, UK-based charity The Eden project, has partnered with aluminum giant Alcoa (NYSE:AA) to build a $150 million eco-tourism attraction at the company's former Anglesea coal mine, in Australia.The parties estimate the project could create 300 full-time jobs and attract thousands of visitors if it gains the support of the community, finds f...Read More
The creator of one of the world's largest indoor rainforests, UK-based charity The Eden project, has partnered with aluminum giant Alcoa (NYSE:AA) to build a $150 million eco-tourism attraction at the company's former Anglesea coal mine, in Australia.The parties estimate the project could create 300 full-time jobs and attract thousands of visitors if it gains the support of the community, finds f...Read More
The SMH fund garnered massive two-day inflows last week, even as semiconductors struggledLast week's round of reignited tariff tensions pushed trade-sensitive chip stocks back into the bearish crosshairs. The VanEck Vectors Semiconductors ETF (NYSEARCA:SMH) started the week with a big sell-off, losing 4.6% amid Monday's broad-based rout for its largest one-session percentage drop --and its first d...Read More
". @AlexaCapital Co Founder Gerard Reid is a leading global expert in the areas of energy and mobility and we are pleased to welcome him on stage at #MJSelect this June. Gerard will be joining a panel of experts on: Which #BatteryMetal has the strongest outlook? #MJS"Read full newsRead More
Scientists at Northwestern University have experimentally replicated a medieval gold purification method employed by West Africans in the 10th and 11th centuries.The researchers followed a technique initially described in a 2014 paper by archaeologist Sam Nixon, in consultation with Thilo Rehren, a specialist on ancient materials and technologies. Their description of the method was based on a ser...Read More
Scientists at Northwestern University have experimentally replicated a medieval gold purification method employed by West Africans in the 10th and 11th centuries.The researchers followed a technique initially described in a 2014 paper by archaeologist Sam Nixon, in consultation with Thilo Rehren, a specialist on ancient materials and technologies. Their description of the method was based on a ser...Read More
Scientists at Northwestern University have experimentally replicated a medieval gold purification method employed by West Africans in the 10th and 11th centuries.The researchers followed a technique initially described in a 2014 paper by archaeologist Sam Nixon, in consultation with Thilo Rehren, a specialist on ancient materials and technologies. Their description of the method was based on a ser...Read More
Rare earths miner Lynas Corp (ASX: LYC) said Tuesday it intended to relocate its contentious processing plant from Malaysia to one of two preferred sites in Western Australia, where its Mt Weld mine is located.The company, the world's only major producer of rare earths outside China, said the A$500 million-plan ($346 million) aims to boost production, appease Malaysian regulators and fend off tak...Read More
A report from Bloomberg on Thursday had indicated that Iamgold was exploring a sale of the company, garnering at least some interest from speculators who chase buyout rumors.Read full newsRead More
McEwen Mining Inc. (MUX) (MUX.TO) provides an update on the fatal accident involving a contractor's employee that occurred on Monday, May 13, 2019 at the Gold Bar Mine in Nevada.The formal investigation by local authorities is not complete, but preliminary analysis by McEwen Mining suggests thatRead full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index.The INK Canadian Insider Index started the week with a successful test of 1100 before bounding as high as 1121.71 intraday. The Index finished the week at 1114.99 for a gain of 5.15 points. MACD improved 3.38 to 1.38, while RSI rose 20% or 7.7 points to 42.9.Support rests at 1100 an...Read More
Canada's Pure Gold Mining (TSX-V: PGM) has begun trading on the main market of the London Stock Exchange under the ticker PUR, in a move aimed at lifting the company's international profile ahead of its transition to producer from developer.The Vancouver-based miner, which is advancing a high-grade gold project in Ontario, believes a dual listing will give it access to a much broader pool of inte...Read More
Canada's Pure Gold Mining (TSX-V: PGM) has begun trading on the main market of the London Stock Exchange under the ticker PUR, in a move aimed at lifting the company's international profile ahead of its transition to producer from developer.The Vancouver-based miner, which is advancing a high-grade gold project in Ontario, believes a dual listing will give it access to a much broader pool of inte...Read More
Canada's Pure Gold Mining (TSX-V: PGM) has begun trading on the main market of the London Stock Exchange under the ticker PUR, in a move aimed at lifting the company's international profile ahead of its transition to producer from developer.The Vancouver-based miner, which is advancing a high-grade gold project in Ontario, believes a dual listing will give it access to a much broader pool of inte...Read More
Last week's Commitments of Traders report revealed that commercial traders had gone massively short, while speculators went aggressively long.On Thursday and Friday, gold fell from $1,294 to $1,277.Meanwhile, gold seasonality has another couple of negative months to run.Just when it looked like gold futures - which still, unfortunately, dictate the price of physical precious metals - were read...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks fell broadly Monday, with the tech-heavy Nasdaq faring the worst of the three major indexes on fallout from the blacklisting of China's Huawei. Google (GOOGL - Get Report) suspended business with Huawei and prevented the company from accessing critical portions of its Android mobile phone platform. Sprint (S - Get Report)...Read More
Aluminium's three-month price on the London Metal Exchange dropped by nearly 2% at the close of trading on Monday May 20, falling below its nearby $1,800 per tonne support level on the news that Norsk Hydro's Alunorte alumina refinery in Brazil has been allowed to resume full operations. Brazilian authorities ended the final production embargo on the facility earlier this afternoon and Alunor...Read More
Norsk Hydro's Alunorte alumina refinery will ramp up to full production capacity after the federal court in Belem, Brazil, ended the final production embargo on the facility under the criminal lawsuit on Monday May 20. The court removed a production embargo under a civil lawsuit on Wednesday May 15, as Fastmarkets reported last week. The refinery has been running at 50% capacity since March 2...Read More
Market participants saw little immediate change to aluminium premiums in Europe on Monday May 20 following the US government's removal of its 10% Section 232 tariff on aluminium imports from Canada and Mexico at the end of last week. Fastmarkets assessed the Rotterdam P1020 duty-unpaid in-warehouse premium at $85-90 per tonne Monday, unchanged from last Friday. The duty-paid premium was...Read More