By Hoban Law GroupAs previously reported by Hoban Law Group and its Ecuador attorney X...Read full newsRead More
Despite a more tempered performance from precious metals during the third quarter of 2020, gold and silver prices still demonstrated gains and outperformed the initial...Read full newsRead More
Sixty North Gold Mining Ltd. Sixty North Gold announces thRead full newsRead More
Puma Exploration Inc., PUMA-TSXV, is pleased to announce the discRead full newsRead More
Maple Gold Mines Ltd. is pleased to announce that drill rig mobilRead full newsRead More
FenixOro Gold Corp. is pleased to announce the final data set froRead full newsRead More
The best part of stocks is that you don’t need a boatload of cash to start investing. Even a small but regular investment in the shares of high-quality companies could go a long way and create a substantial amount of wealth for you. So, if you are planning to invest in stocks but your budget is tight, consider buying these three low-cost TSX stocks offering explosive growth. To your sur...Read More
Near the end of last month, California Governor Gavin Newsom held a press conference.Never one to turn down some kind of political theatrics to drive home a point in a ham-fisted way, here he is signing an executive order right after his announcement:So what's with the parking lot pageantry?That's an electric vehicle and the governor was signing an executive order to completely phase out gasoline-...Read More
Three-month prices for all base metals on the London Metal Exchange lost momentum before the close on Friday October 23, falling in tandem with a drop in the US stock markets.The LME three-month copper price lost 0.5% to close at $6,876 per tonne, after seeing a low turnover of just over 9,900 lots on Friday.The LME three-month lead and zinc prices dipped by 1% and 0.6%, respectively, and the...Read More
Now is not the time for Freeport-McMoRan to be thinking about mergers and acquisitions, the mining company's chief executive officer says.According to Richard Adkerson, the company - which is just over half-way through a mega-project to transform its giant Grasberg copper-gold mine in Indonesia from an open-pit to an underground operation - is on the verge of creating huge shareholder value."I jus...Read More
Post-pandemic market dynamics for base metals will be defined by global economies' ability to recover from the fallout of Covid-19, panelists said during LME Week's China session on Thursday October 22. Panel consensus deemed China's economic growth responsible for the current recovery in the metals market, with London Metal Exchange China head Yang Liu alluding to the region's "very beautiful v-s...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday October 23.Europe The market was unchanged over the week after fourth-quarter delivery contracts were settled, while suppliers reporedt deals done for several hundred tonnes of standard-grade material within range. ...Read More
Bob Moriarty ArchivesOct 23, 2020Winston Gold went public in 2016 with the same story they have now. The shares promptly shot up to $.64 apiece. I participated in a private placement at $.40 on the basis that they would be going into production shortly.The company obviously defines shortly differently than I do. By the timeI wrote about them in February of 2017they had declined to $.13 on their wa...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday October 23.China Seaborne 37% and 44% manganese port indices both slid after market sentiment weakened further amid falls in the portside ore and futures alloy markets amid growing port inventories.Portside manganese ore prices for both grades weakened further after some ore traders slashed the...Read More
A summary of aluminium producer Hydro's third-quarter results. In brief Underlying earnings before financial items and tax (EBIT) for the third quarter was at NOK 1,407 million compared with NOK 1,366 million in the same quarter last year, but up 3% from the second quarter. Hydro's net debt position decreased from NOK 13.2 billion to NOK 9.9 billion at the end of the quarter. Hydro held NOK 17.5 b...Read More
The United States silicon metal price reached $1.03 per lb on the high end on Thursday October 22, further surpassing domestic producers' $1 per lb cost of production and attaining its highest price since September 2019. The high end broke the psychological price barrier of $1 per tonne last week and rose for the third consecutive week in this Thursday's assessment because of recent widesprea...Read More
Adam HamiltonArchivesOct 23, 2020 The gold miners' stocks are still correcting, continuing to rebalance both technicals and sentiment. This sector's huge surge into early August spawned extreme overboughtness and universal euphoria, which are gradually being bled away. This same necessary and healthy corrective process is underway in gold itself, which overwhelmingly drives gold-stock price levels...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves. Read More
Global steel scrap prices have risen over the week to Friday October 23, following Turkey's re-entry into the market and a sharp rise in the prices of Japan-origin material.Turkish mills rejoin scrap market for higher-priced cargoesSentiment positive in US East Coast market despite no fresh dealsVietnamese mills' appetite grows for US material following spike in Japanese pricesTaiwanese scrap impo...Read More
The price of shredded scrap imported into India moved up on Friday October 23 on a rise in the international market and tight material availability, sources told Fastmarkets.Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $316.16 per tonne on Friday, up from $308.62 per tonne a week ago.Deals heard this week ranged from $315 to $316 per tonne, compared wi...Read More