Zijin Mining Co, one of China's biggest gold and copper producers, said it would further expand mining resources abroad, with several of its large mining projects scheduled to begin operations this year.Read full newsRead More
The positive divergence now appearing on the benchmark gold stocks ETF price chart is a pattern that might be worth paying attention to.Read full newsRead More
Copper prices have been riding higher for the last several months. Amid the impending economic recovery, the industrial metal could continue to soar higher in 2021 and beyond. Some of the Canadian miners zoomed recently due to upbeat copper prices.Among them, Capstone Mining (TSX:CS) tops the chart with almost 1,500% gain since last March. One of the top copper producers, Teck Resources (TSX:TECK....Read More
There aren’t too many Canadian stocks trading cheap in the current investing environment that are worth a buy today.It’s not just about finding stocks that are trading at less value than they used to be. Often beginner investors will see charts of poorly performing stocks and look to buy the dip.That can certainly work sometimes, as evidenced by most stocks recovering after the total m...Read More
Bitcoin was popularized as digital gold. Many investors who invest in gold started considering BTC as an alternative to hedge against inflation. Even the Canada Revenue Agency (CRA) considers BTC as a commodity for tax purposes.Just like gold, you can get exposure to BTC price fluctuation without having to hold it in digital form. Canada has many BTC mining stocks and Bitcoin ETFs that give you ex...Read More
The fear of runaway inflation in the U.S. has taken hold of the market.Last week Chairman Jerome Powell announced the Federal Reserve would keep its benchmark short-term rate near zero while allowing inflation to run hotter than normal. Powell said, "With inflation running persistently below 2%, we will aim to achieve inflation moderately above 2% for some time, so that inflation averages 2% over...Read More
Here are five Fastmarkets stories you might have missed on Tuesday May 11 that are worth another look....Read More
Aluminium premiums across the globe were mostly unchanged in the week ending Tuesday May 11 on tight availability.Rotterdam duty-paid premium dips on LME spread volatilityUS Midwest remains at record highMJP premium static.Duty-unpaid premium well supportedFastmarkets' benchmark duty-unpaid Rotterdam aluminium premium remained at its highest since April 2018 in the week to Tuesday May 11.The daily...Read More
May 11, 2021 Guest(s): Danielle DiMartino Booth CEO, Quill Intelligence Even in light of a clearly recovering economy, and new COVID cases on the decline, the government continues to inject liquidity into the financial system through fiscal and monetary stimulus, with the end result being the devaluation of the dollar and losing its global reserve currency status to China, said Danielle DiMartin...Read More
A summary of base metal premiums from across the globe for the week to Tuesday May 11.Please click...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMay 11, 2021 Fiat and government are perhaps best described as failed financial relics of a monetary stone age. Please click here now. Double-click to enlarge. Gold is of course the world’s ultimate money.The more ounces a person has, the more money they have.It’s really that...Read More
Here are five Fastmarkets stories you might have missed on Monday May 10 that are worth another look.European buyers have purchased substantial volumes of cold-rolled coil from China for the first time in about five years, despite the product being subject to anti-dumping tariffs, sources told Fastmarkets on May 10.Consuming...Read More
The global mineral industry will have to rapidly scale up production to meet surging demand from the new energy sector, the International Energy Agency (IEA) has warned.To reach the target of net-zero emissions by 2050, the energy sector will be consuming minerals at six times the current rate by 2040, the IEA forecast in a special report on Wednesday May 5. "Today, the data shows a looming mismat...Read More
A summary of base metal premiums from across the globe for the week to Tuesday May 11.Please click...Read More
Key data from the pricing sessions in Asia, Europe and the United States over the week to Tuesday May 11.China The UG2 market ticked up amid bullishness downstream. Buyer interest returned while producers faced elevated production costs after the South African rand appreciated against the US dollar. Spot domestic ferro-chrome prices fell amid muted demand, while some s...Read More
The latest diplomatic tit for tat between China and Australia is adding fuel to cif China bauxite prices already trending upward as a result of higher freight rates since the start of 2021.China announced an indefinite halt to its economic activities with Australia last Thursday May 6, citing some Australian officials' "disruptive measures."Sources told Fastmarkets in the week to Monday May 10 tha...Read More
Gerald Group, which controls Marampa's former operator SL Mining, said it had agreed a legal truce with Sierra Leone's government on May 7 - meaning all legal action between the two parties would beRead More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), Canada's leading free-to-play mobile game group, today announces that the annual and special general meeting (the "Meeting") of holders (the "Shareholders") of common shares ("Common Shares") of LEAF is scheduled to be held virtually on June 29, 2021 at 10:00 am (Pacific Daylight Time).In addition to customary business matter...Read More
Here are five Fastmarkets stories you might have missed on Monday May 10 that are worth another look.European buyers have purchased substantial volumes of cold-rolled coil from China for the first time in about five years, despite the product being subject to anti-dumping tariffs, sources told Fastmarkets on May 10.Consuming...Read More
European manganese flake prices climbed above $3,000 per tonne in the week ended Friday May 7 amid tightening prompt inventories and continuing shipping delays.Fastmarkets' price assessment for manganese, 99.7% electrolytic manganese flake, in-whs Rotterdam, rose by 5.3% to $2,900-3,100 per tonne on Friday, up from the mid-week assessment of $2,800-2,900 per tonne. The market was now trading at it...Read More