Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry, is pleased to announce that its portfolio company, QVI Inc., a cannabis-infused product manufacturer located in Sonoma County, California, doing business as "The Galley", has launched its full service cannabis distribution company "Trident Distr...Read More
Bob Moriarty ArchivesMay 6, 2021NV Gold (NVX-V) has what might be called an embarrassment of riches. I have put money into the company in a bunch of placements and never had until now a single warrant ever make it into the money. I would put money into NVX, the stock would wander around and never do very much and the warrants would end up as wallpaper in my bathroom.A big part of the confusion is...Read More
Chrome and platinum concentrates producer Tharisa acquired 100% of the shareholding of Salene Chrome Zimbabwe on March 31, it has announced.Tharisa agreed a $3 million acquisition from Leto Settlement of an open-pit chrome project, now at the development stage, in Zimbabwe's Great Dyke, the company said in a statement published on Wednesday May 5. Tharisa is based in Europe but operates principall...Read More
Key data from Fastmarkets' Friday May 7 pricing sessions in China, India, Europe and the United States.China Seaborne low- and high-grade manganese ore markets recovered after deals were signed at higher prices for June shipment, and sentiment reacted to stronger downstream markets. Portside low- and high-grade manganese ore prices stayed firm with increased demand from smelters due to profitable...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More
McClellan Financial Publications, IncPosted May 5, 2021Apr 30, 2021I have been writing professionally about the financial markets since 1995, and in all of that time I have almost never referenced valuation.It is not because valuation does not matter, but rather that valuation does not give any useful insights to solve my puzzles about what the market is going to do and when. Valuations can get wa...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More
Prices for inter-merchant light iron scrap in the UK increased over the week ended Friday May 7, extending a general rally since late March, sources have told Fastmarkets.The market was likely to move higher, they added, given strong business conditions for European scrap exports into Turkey and the Indian subcontinent.UK monthly deliveries into domestic consumers in May were likely to be settled...Read More
Bob Moriarty ArchivesMay 4, 2021Blackwolf Copper & Gold (BWCG-V) used to be named Heatherdale. Certainly the new moniker is a lot more interesting.The company released results today from their tidewater in Alaska VMS project that were simply stunning,showing 7.6 meters of 2.7 g/t gold, 145 g/t silver, 6.5% zinc and an amazing 5.2% copper. If measured in CuEq it would be 10.7%. At today’s...Read More
The price of austenitic stainless steel scrap in the UK increased this week on an uptick in nickel costs and persistently strong market fundamentals, Fastmarkets heard on Friday May 7.Fastmarkets' weekly price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK, was ?1,200-1,260 ($1,668-1,751) per tonne on Friday, up from ?1,150-1,230 per tonne a week previously.Th...Read More
Bob Moriarty ArchivesMay 3, 2021According to the Fraser Institute Saskatchewan is the3rd highest rated mining jurisdiction in the world for 2020. With near record high prices quoted for copper perhaps it is time to revisit a project I have written about before located in the #3 place in the world to mine.When I did a search to find that piece I wrote about Rockridge (ROCK-V) at the beginning of la...Read More
Global steel scrap prices surged in the week to Friday May 7 and could well break through the $500 per tonne cfr mark, starting in Asia, market sources have told Fastmarkets.This was due to the continued demand for steelmaking raw materials and the current high prices for alternative iron ore feedstock, they said.Turkish scrap import prices spikeSentiment in US remains bullishPossible $485 per ton...Read More
Base metals prices on the London Metal Exchange and the Shanghai Futures Exchange were for the most part stronger this morning, Friday May 7, as were broader markets.Friday's United States employment report is in focus because it could prompt Federal Reserve to change tackDow Jones Industrial Average sets new highs after US initial jobless claims fell below 500,000 on Thursday for the first time s...Read More
Base metals prices on the London Metal Exchange were a bit more mixed this morning, Thursday May 6, while the return of trading on the Shanghai Futures Exchange after the Labor Day holidays saw good gains in all metals apart from zinc.Markets generally buoyant - perhaps not so surprising when the two largest economies, China and the United States could grow 6% or more this year... ...but you have...Read More
Share this article VANCOUVER - Cerrado Gold Inc. [CERT-TSXV] reported results from 14 drill holes from its continuing 12,000-metre exploration drill program at the Chulengo target at its Minera Don Nicolas Project in Santa Cruz province, Argentina.The focus for the current program is to delineate new, high-grade, near-surface mineralization that can be brought into the production schedule in th...Read More
Share this article VANCOUVER - Silver Elephant Mining Corp. [ELEF-TSX; SILEF-OTCQX; 1P2N-FSE] on Thursday May 6 announced indium and gallium assays from drilling at its Sunawayo Project in central Bolivia.Highlights include drill hole SWD002, which intercepted 87 g/t indium, 7.0 g/t gallium and 48 g/t silver (252 g/t silver equivalent) over 9.0 metres within a 31-metre interval averaging 119 g/t...Read More
Share this article TORONTO - Argonaut Gold Inc. [AR-TSX; ARNGF-OTC] reported financial and operating results for the first quarter ended March 31, 2021. The company reports record quarterly production of 59,704 gold equivalent ounces, record quarterly revenue of $105.3-million, cash flow from operating activities before changes in operating working capital of $27.7-million and net income of $27.0...Read More
Base metals are experiencing strong gains again on the morning of Wednesday May 5 with relatively high volumes being traded on the London Metal Exchange despite the absence of Chinese market participants observing a Labor Day break. Asian markets quiet with China, Japan and South Korea on holiday US Dollar Index recently at 91.24, compared with 91.16 at a similar time on Tuesday - consolidating of...Read More
When Bitcoin debuted on the market on July 10, 2010, at $0.0008, it seemed little more than a novelty for tech enthusiasts. The value of a Bitcoin was a small fraction of a cent, and few people had any clue what this new thing called a cryptocurrency was all about. And even fewer folks appreciated the underlying blockchain technology or the decentralized financial environment it created. But the...Read More
We spoke with Serafino Iacono, who is the Executive Chairman and Interim CEO of Denarius Silver Corp. (TSXV: DSLV), a Canadian junior silver and polymetallic exploration company and a spin-off of Gran Colombia Gold, to take advantage of its silver assets, like the Guia Antigua and Zancudo silver projects, located in historic mining districts in Colombia. Denarius Silver recently completed the acqu...Read More