Environmentalists and tribal leaders are fighting a plan by K2 Gold to sell its mining claims to a large corporation for development.Read full newsRead More
Environmentalists and tribal leaders are fighting a plan by K2 Gold to sell its mining claims to a large corporation for development.Read full newsRead More
New Pacific Metals Corp. is pleased to announce that the CompanyRead full newsRead More
No one can predict the future, yet a lot of our energy and resources are spent planning and preparing for the future. Companies spend considerable resources on financial forecasts and budgeting. Individuals spend years learning trades and building businesses that might carry them into financially safe futures.For the most part, your future might be an extension of your present, but as the pandemic...Read More
The uncertainty and volatility driven by the pandemic resulted in a rapid rise in gold stocks last year. Indeed, the upside these stocks saw has been a direct result of soaring gold prices in 2020.However, 2021 has not gotten off to the same start. Gold producers have lost steam, as the price of gold has continued lower.For those who believe the gold rally is only taking a breather, this is a grea...Read More
Although legendary investor Warren Buffett’s Berkshire Hathaway changed its stance on gold and sold off its Barrick Gold (TSX:ABX)(NYSE:GOLD) stock holdings before the end of last year, insiders have amassed significant stakes in the leading precious metals miner’s shares recently. Should we read much into their share purchases?Directors and senior officers at Barrick Gold actively bou...Read More
In the pantheon of metallic elements, the precious metals reign supreme. Gold, silver, platinum, and palladium - these metals get all of the glory.But just like in every polytheistic myth you've ever heard, the lesser metals end up doing most of the work.Iron, copper, aluminum, nickel, zinc, etc. - these base metals built the infrastructure upon which the modern world operates.Deep in the family t...Read More
The third wave of COVID is wreaking havoc across Canada. Indeed, from a risk perspective, it can be difficult for many investors to justify the valuations on the TSX today.However, those worried about a market correction need not worry.These top picks are defensive companies with growth potential I think are perfect for long-term investors to consider today.EnbridgeEnbridge (TSX:ENB)(NYSE:ENB) has...Read More
Apr 14, 2021 Guest(s): Sarah Paiji Yoo CEO & Co-Founder, Blueland The oceans are being polluted by microplastics to the point where even seafood is becoming contaminated. Sarah Paiji Yoo is the CEO of Blueland, a company that produces re-usable cleaning supplies."About 14 billion pounds of trash is dumped into the ocean each year. About a third of the fish that we consume is thought to have micr...Read More
Apr 14, 2021 Guest(s): Jerome Powell Federal Reserve Chair In a webinar discussion hosted by the Economic Club of Washington, D.C. Powell said that although the government debt was on an unsustainable path, the current level of debt is sustainable."The U.S. federal budget is on an unsustainable path, meaning simply that the debt is growing meaningfully faster than the economy," he said. "The cur...Read More
Apr 14, 2021 Guest(s): Justin Hartzman CEO, CoinSmart Bitcoin hit $64,000 today, a new record for the world's largest cryptocurrency. Justin Hartzman, CEO of CoinSmart, a crypto exchange based in Canada, said that this rally is just the beginning, citing banks' target projections of upwards of $400,000 a coin. "We're so early in this market, it's still in the first half of the first inning and w...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 14 that are worth another look.Steel producer Feralpi Group has improved the energy efficiency of its Brescia plant in Italy with help from energy company Enel X, reducing its carbon emissions to help meet its sustainability targets, the company said on Tuesday...Read More
The nickel markets were bullish in China, somewhat bearish in Europe, and mixed in the United States in the week to Tuesday April 13.A sudden opening of the arbitrage window on Monday stirred China's nickel marketTalk of higher briquette premiums in the US has yet to translate to dealsEuropean trade curbed by pandemic lockdowns, auto industry curtailment.China's nickel premiums up amid good arbitr...Read More
Aluminium's futures price reached yet another year-to-date high on the London Metal Exchange on Wednesday April 14, while tin returned above the $26,000 per tonne mark and copper bounced up by 2% on a day when most metal prices were again boosted by a lower US dollar.Aluminium's price peaked at $2,329 per tonne during trading on Wednesday, and closed up by 1.3% at $2,323.50 per tonne, from Tuesday...Read More
Bob Moriarty ArchivesApr 14, 2021You certainly aren’t hearing about it from the Ministry of Truth butUkraine pretty much declared war with Russia on the 24th of March and promptly moved their forces to the borders of Donbass. Russia mobilized their forces and stands ready to defend the Russian citizens in Donbass from Ukraine.This is a giant game on the part of the Neocons in the US and Nato...Read More
Copper jumped back above $9,000/t on the London Metal Exchange yesterday, rising 2% to $9,080.50/t.It was a bumper day for copper producers, with Freeport-McMoRan rising more than 7% in New York.In London, Glencore gained 5.44%, Antofagasta rose 4.46% and Anglo American was up 3%.In Toronto, copper hopeful THEMAC Resources Group (TSXV: MAC) rose 57% to a one-year high of C11c on no news.The junior...Read More
While the AIM-listed miner has seen no marked increase in cases at its Kounrad operation in Kazakhstan, CAML said there had been "a larger number of cases at Sasa and in the nearby towns, coincidingRead More
Chile's copper miners face the biggest set of labor negotiations in years, but with prices expected to maintain current highs, how high is the risk to output disruptions? Fastmarkets investigates.More than 40 labor negotiations are due to take place this year at mines in Chile, the world's leading copper producer, against a backdrop of almost decade-high metal prices and elections set to be hotly...Read More
The seaborne markets for chrome ore and alloy in China fell during the week ended Tuesday April 13, with lower offer prices sparking UG2 chrome ore liquidity and weak portside prices softening the charge chrome market. Fastmarkets' chrome ore South Africa UG2 concentrates index basis 42%, cif China fell by $8 to $150 per tonne on April 13, down by 5.06% from $158 per tonne one week ago. Lower...Read More
China's imports of copper concentrate reached 2.1 million tonnes in March to set a new highest monthly record, customs data out on Tuesday April 13 shows. "The robust imports in March came after weaker shipment [volumes] in February, presumably, due to the fact that high sea waves at Chilean ports caused a delay. The higher concentrate imports came amid rising smelter production that requires raw...Read More