The United States International Trade Commission has found evidence of injury to the domestic market arising from imports of silicon from Kazakhstan, Iceland and Bosnia & Herzegovina, it announced on Wednesday March 24.The decision meant that a conclusion was in sight in this much-anticipated silicon metal trade case, which has involved some of the highest duties ever seen by the industry.The ITC...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process...Read More
Cobalt buyers have continued to sit back from the spot market this week, triggering lower offers and further profit-taking after strong price gains over January and February. Fastmarkets' price assessment for cobalt standard grade, in-whs Rotterdam was $23.25-24.15 per lb on Wednesday March 24, widening downward by $0.25 from $23.50-24.15 per lb a day earlier.Similarly, the price assessment for co...Read More
A year ago Russell Starr was senior vice president of corporate finance at Auryn Resources (now Fury Gold Mines) and slated to take charge of its Peruvian assets in a spin-out called Tier One Silver, when he heard about the Newman Todd gold project in the Red Lake district of northwestern Ontario. (The project is about 20 km west of the Red Lake gold mine complex, which Evolution Mining (ASX: EVN)...Read More
Quebec-focused developer Falco Resources (TSXV: FPC) has released the results of an updated feasibility study on a development of the Horne 5 deposit below the historic Horne mine in the Rouyn-Noranda area of Quebec.The study outlines a 15-year underground operation using an existing shaft with a processing facility recovering gold, silver, zinc and copper. A surface mill would process an average...Read More
Canadian gold and copper producer New Gold (TSX: NGD; NYSE-AM: NGD) is acquiring a 14.9% interest in explorer Talisker Resources (TSX: TSK; US-OTC: TSKFF).Talisker holds a land package in southern B.C. of over 2,784 sq. km, which includes the historic Bralorne project 248 km northeast of Vancouver. New Gold operates mines in B.C. (New Afton) and Ontario (Rainy River)."As one of Canada's leading go...Read More
Kodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperRex ready to rollSPONSOREDrex mineralsDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesChina's leadership is massaging expectations about the country's future growth potential.Read More
Cost of capital rising as fiscal support thins outRead full newsRead More
Hydrogen future hypeRead full newsRead More
Dovish Fed, cheaper oil and undervaluation could add strength to gold mining ETFs in the second quarter of 2021.Read full newsRead More
Dovish Fed, cheaper oil and undervaluation could add strength to gold mining ETFs in the second quarter of 2021.Read full newsRead More
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go...Read full newsRead More
The gold market is still experiencing a slight pullback since its bullish run in 2010 and at the start of 2021 amid the global covid pandemic. This resulted in several stock indexes posting declines in late-morning trading as the energy and base metal sectors led the way lower. The April gold contract was up US$1.70 at US$1,734.90 an ounce and the May copper contract was down 12 cents at US$...Read More
Timing stocks could be one of the biggest self-defeating moves in investing. Instead, picking recession-resilient, highly stable, outperforming stocks for our long-term portfolio go a long way. Here are three such TSX stocks that can keep trading higher in the long-term, irrespective of the market direction.Canadian Pacific RailwayThe second-biggest railroad stock Canadian Pacific Railway&nbs...Read More
April is nearly upon us!With Q2 fast approaching, now is a great time to consider a portfolio refresh. For those looking to add a few positions, I’ve got three top TSX picks I think are steals right now.Kirkland Lake Gold Kirkland Lake Gold (TSX:KL)(NYSE:KL) is, hands down, the best option if you want to play the gold mining space.This company has a top-notch balance sheet and a world-class...Read More
The latest news trickling "outside the Beltway" of Washington, D.C., is fantastic. It is also terrible.The Biden administration, along with Democrats in Congress, are pushing a $3 trillion infrastructure package.I love this. I hate this. It is a bloated, sprawling proposal with a whole lot of bad politics and bad policy baked in. Laughably short-term payoffs designed to work into the two- or four-...Read More
The cargo ship traffic jam on the Suez Canal in Egypt is exacerbating the shortage of primary aluminium billet supplies in Europe, resulting in higher premiums on Friday, March 26. The canal, which is the key route for shipments between Europe and Asia, has been blocked by the large containership Ever Given since late on Tuesday, resulting in a floating traffic jam of more than 100 vessels. "...Read More
The London Metal Exchange three-month aluminium price reached a new year-to-date high of $2,301 per tonne shortly before 5pm on Friday March 26 and was the only metal to record an increase from the start of the week. A surge in aluminium trading on Friday afternoon took the price to its highest since June 12, 2018, at the height of the US trade tensions. The price hit a peak of $2,353 per tonne in...Read More
Alumina prices on an fob Australia basis declined to their lowest level since November 2020 on Friday March 26, with oversupply of units continuing to stoke bearishness.Fastmarkets' alumina index, fob Australia was calculated at $274.50 per tonne on Friday, down by $5.57 from $280.07 per tonne the previous day. The index has dropped 5.1% since the start of the week when the index was at $289.09 pe...Read More