Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Before it ceased operation in 1942, the Octave mine produced over $310 million worth of gold, and that was from just 30% of the vein. Now it is for sale.Read full newsRead More
Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them after a rally in prices this year drew closer attention to the sector's footprint.Read full newsRead More
Idaho Champion Gold Mines Canada Inc. is pleased to report the coRead full newsRead More
Upon the resumption of trading in the Company's common shares on the Canadian Securities Exchange (theRead full newsRead More
The market is making new highs. It probably recovered and rallied sooner than a lot of investors thought it would. After all, we’re not exactly out of the woods with the novel coronavirus pandemic. It’s just that it’s around the holiday season and the commencement of vaccine distribution that there’s optimism in the market.There are risks. For example, how much of the popul...Read More
With two weeks to go in 2020 investors are wondering if a Santa Claus rally will extend the Q4 surge in stock prices.Is a Santa Claus rally or a Santa crash on the way?The Santa Claus rally in 2020 started in early November. Over the past six weeks stock markets soared to record highs, driven by COVID vaccine optimism and relief on US election fears. Euphoric buying of tech Initial Public Offering...Read More
In the living room the voice-clock sang, Tick-tock, seven o'clock, time to get up, time to get up, seven o'clock! as if it were afraid that nobody would. The morning house lay empty. The clock ticked on, repeating and repeating its sounds into the emptiness.Seven-nine, breakfast time, seven-nine!In the kitchen the breakfast stove gave a hissing sigh and ejected from its warm interior eight pieces...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 17 that are worth another look.Usiminas increased its output and domestic sales volumes over the past 45 days from first-quarter and 2019 volumes, the Brazil-based flat steel producer said in a filing to Brazilian securities and exchange commission CVM.The Shanghai...Read More
Alcoa is halting plans to curtail its San Cipri??n aluminium smelter in Spain after a Spanish court ruled in favor of the workers on Thursday December 17."The workers' representatives filed a lawsuit with the High Court of Justice of Galicia... In the court's ruling, it declared the collective dismissal process 'null...Read More
Bob Moriarty ArchivesDec 17, 2020WINNIPEG, MB / ACCESSWIRE / December 16, 2020 / Winston Gold Corp. ("Winston Gold" or the "Corporation") (CSE:WGC)(OTCQB:WGMCF) is pleased to announce that it is now crushing and milling low-grade material from its wholly-owned Winston Gold Mine through the leased Paradine Mill Facility, near Radersburg, Montana.Approximately 90 tons of low-grad...Read More
The London Metal Exchange three-month aluminium and tin prices set new year-to-date highs during trading on Thursday December 17, while the whole complex is continuing to hold high prices on hopes of a positive outcome in negotiations for a United States economic stimulus package to deal with the Covid-19 pandemic. The aluminium price hit a new 2020 high of $2,096 per tonne at around 2pm on Thursd...Read More
POSCO will pay A8.2c per share in its Black Rock investment. The investment was expected after the two companies signed a strategic alliance back in June.Read More
Jakob Stausholm will become the new chief executive officer of mining major Rio Tinto at the start of next year, the company announced on Thursday December 17.Currently chief financial officer, Stausholm joined Rio Tinto in 2018, having previously held senior positions at shipping company AP Moeller-Maersk and at oil producer Shell. The appointment comes as Rio Tinto faces a series of corpora...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce it has completed a non-brokered private placement consisting of the issuance of 36,363,636 units of the Company at a price of $0.055 per unit, for aggregate gross proceeds of $2,000,000 as announced by the Company on December 1, 2020 and updated on December 11, 2020.The Company is very ple...Read More
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") is pleased to announce it has completed the sale and leaseback of its cultivation and production facilities in Olympia, WA and Georgetown, MA (the "Transaction") with an affiliate of Innovative Industrial Properties, Inc., (NYSE: IIPR) ("IIP").This previously announced transaction generated proceeds of US$33 mil...Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce additional high-grade silver-gold intersections from the Hughes Property in central Nevada. These results spanning across 3.5 km confirm the considerable geologic potential of the project while the new Ruby Discovery represents a 1.3 km step-out from the historic...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 17 that are worth another look.Usiminas increased its output and domestic sales volumes over the past 45 days from first-quarter and 2019 volumes, the Brazil-based flat steel producer said in a filing to Brazilian securities and exchange commission CVM.The Shanghai...Read More
Forecasts for growth in electric vehicle (EV) use set the scene for increased cobalt demand, but they have become the backdrop for increased volatility in prices.The mismatched timing of increased supply for, and demand from, the growing EV sector has seen cobalt prices swing to highs of nearly...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 17 that are worth another look.Usiminas increased its output and domestic sales volumes over the past 45 days from first-quarter and 2019 volumes, the Brazil-based flat steel producer said in a filing to Brazilian securities and exchange commission CVM.The Shanghai...Read More
Turkish steel mills continued to accept higher prices for deep-sea scrap cargoes on Thursday December 17 due to limited supply of the material, with prices rising by more than $7.50 per tonne day on day.A steel mill in the Marmara region booked a Baltic Sea cargo, which originated from St Petersburg, priced at $444 per tonne for an 80:20 mix of No1 and No2 heavy melting scrap and at $454 per tonne...Read More