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
Even after the stellar recovery rally in equities, a few TSX stocks are offering good value. So if you plan to invest $500 in equities, consider buying these undervalued stocks right now. Absolute Software Despite the massive rally, Absolute Software (TSX:ABST)(NASDAQ:ABST) stock is trading at a lower valuation than its peers and has good growth prospects. Absolute Software sto...Read More
"Semiconductors are the new oil."That's a quote from Rory Green, economist at investment research firm TS Lombard.It's quite a bold statement, but Green backs it up. Just look at the chart he posted:That is wild - we're literally looking at larger exports of computer chips than of oil. The new lifeblood of commerce has been born. However, as we've seen with oil in the past, there is currently a s...Read More
Feb 17, 2021 Guest(s): Lyn Alden Founder, Lyn Alden Investment Strategy Gold is not purely an inflation hedge, but more of a hedge against real interest rates, and rising bond yields that have outpaced the growth of inflation expectations has been weighing down on the precious metal, said Lyn Alden, founder of Lyn Alden Investment Research."What gold really does is it protects you from an enviro...Read More
Here are five Fastmarkets stories you might have missed on Wednesday February 17 that are worth another look.All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil...Read More
Nickel premiums in the US and Europe were steady in the week to Tuesday February 17, with both markets broadly stagnant against a well-supported LME three-month nickel price, while Asia's absence from the market saw minimal spot activity.Tight briquette supply sees US market seek alternative products US cut cathode sentiment weakens amid 4x4 uptakeEuropean market laments high price amid stati...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday February 17.Please click...Read More
Here are five Fastmarkets stories you might have missed on Wednesday February 17 that are worth another look.All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil...Read More
The pattern indicated further losses could be on the horizon, Bloomberg said, adding a stronger dollar and better-than-expected US economic data had diminished the appeal of the metal as a haven.Comex gold for April delivery was down around US$1,775 an ounce and the price was similar on the spot market at the time of writing.Meanwhile gold major Newmont has announced it would increase its quarterl...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) announces today that in connection with the appointment of Tim Gabruch as the Company's President and Chief Executive Officer, Mr. Gabruch has been granted 250,000 incentive stock options (the "Options"). The Options are exercisable at a price of $2.44, vest in three equal annual instalments commencing on the grant date and have...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce it has appointed Mr. Marc Bertrand to the board of directors, effective immediately.Mr. Bertrand was the founder, President and CEO of Mega Brands, which was acquired by Mattel Brands in 2014 for more than US $450M. MEGA Brands had net sales for fiscal year 2013 of US $405 million, and as...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") is pleased to provide a product and new feature update on its wholly owned royalty portfolio company Green Compliance Inc. ("Green Compliance") and its ezGreen proprietary software that delivers HIPAA compliant point-of-sale (POS) solutions for licensed cannabis dispensaries and cultivators in the Unite...Read More
Vancouver, BC February 17, 2021 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce the appointment of Liz Monger as Vice President, Investor Relations, effective February 17 2021.Ms. Monger has 25 years of investor relations, communications and compliance experience and was most recently the Manager of Investor Relations and Corporate Secretary at Midas...Read More
Ivanplats has signed a non-binding term sheet with Orion Mine Finance for a $300 million streaming facility, and has appointed Societe Generale and Nedbank as lead arrangers for a $120 million debtRead More
An overview of the consumer electronics markets and their latest price moves.Ewa Manthey...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More
Here are five Fastmarkets stories you might have missed on Wednesday February 17 that are worth another look.All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil...Read More
Turkish steel mills have preferred to focus on steel and billet sales so far this week, rather than resuming their deep-sea scrap purchases, market sources told Fastmarkets on Wednesday February 17.The mills have stayed away from the deep-sea scrap markets since the end of last week, when two Turkish steelmakers booked US cargoes at $410 per tonne cfr on an HMS 1&2 (80:20) basis.The daily scrap in...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday February 17. Key drivers Limited supplies of titanium scrap pushed the low tin (Sn 0.5%) content grade price to a high last seen in August 2012, while higher tin content grade (Sn 0.5-2%) reached a high last seen in January 2013.European suppliers are positioning themselves for firmer demand in early March for second-quarter delive...Read More
Recovery hopes tied into the rollout of Covid-19 vaccines and some brighter economic data has driven up bond yields that in turn has lifted the dollar, and that seems to be creating some hesitancy in the metals this morning, Wednesday February 17. The US Dollar Index is firmer US 10-year treasury yields have stepped up a gear as recovery is still being priced inAs a barometer, spot gold prices are...Read More
Nornickel's annual profit fell by 39% in 2020, despite a 15% increase in its revenues compared with 2019, according to financial results issued by the Russian miner on Tuesday February 16.Nornickel posted a net profit of $3.634 billion for 2020, down from $5.966 billion in 2019.Strong commodity prices, especially that for palladium, helped Nornickel end the year with a better bottom line than at m...Read More