Company to discuss recent acquisition of Northern Panther Resource Corp. and appointment of Senior Mining Industry Professional Mr. George Bee as PresidentLOS ANGELES, CA / ACCESSWIRE / August 19, 2020 / U.S. Gold Corp. (NASDAQ:USAU) (the "Company"), a gold exploration and development company, today announced that it will be presenting at the 12th Annual LD 500 Conference on Tuesday, September 1,...Read More

Most of the base metals on the London Metal Exchange were consolidating this morning, Wednesday August 19, after the majority of them extended gains on Tuesday; the exceptions were aluminium and tin, while copper was where the main action was this morning.The S&P 500 and Nasdaq established fresh record highs on Tuesday, while Asian-Pacific equities were mixed this morning.Gold prices are consolida...Read More

Tight intermediates availability and a rally in the cobalt hydroxide market brought cobalt metal back in favor with cobalt sulfate refineries looking to cut risk in their feedstock inflows in late July. Until then, cobalt hydroxide payables - the percentage of the metal price buyers pay sellers for cobalt intermediates - had been capped at 70% for at least a year and a half, reflecting ample suppl...Read More

South African manganese alloys producer Transalloys will reduce its silico-manganese production by about 30% this year due to weakening market prices, it was revealed on Wednesday August 19.The reasons for this, according to an official from the sales agent that sells all of Transalloys' output, were the high cost of power in the country and the slump in end-user demand in sales target regions res...Read More

Domestic prices for vanadium products in China in mid-August were showing little change since mid- to late-July this year, with alloy suppliers struggling to hold prices firm amid comparatively stable prices for vanadium pentoxide (V2O5).Steel mills were postponing their purchases of vanadium alloys because of narrow profit margins resulting from high production costs, sources told Fastmarkets on...Read More

Kirkland Lake Gold (TSX:KL, NYSE:KL) and Newmont (TSX: NGT; NYSE: NEM) have signed a strategic alliance agreement to collaborate on exploration and development work in Northern Ontario.Under the terms of the multimillion-dollar deal, announced on Aug. 17, Toronto-based Kirkland Lake and the world's leading gold company are pledging to focus on the companies' various properties located near Timmins...Read More

Northern Dynasty Minerals' (TSX: NDM) shares jumped Aug. 19 after the company revealed that the Alaska Republican Party officially endorsed its proposed Pebble copper-gold-molybdenum mine.The stock climbed almost 5% in Toronto at opening from C$2.02 to C$2.12 as the Canadian miner published excerpts of a party resolution. The document, dated Aug. 9, says it "unequivocally" supported the responsibl...Read More

Copper rose above US$3 per lb. for the first time in more than two years, on the back of falling inventories, a lower U.S. dollar, unprecedented Chinese economic stimulus and ongoing worries about pandemic-hit supply from top producer South America.Copper for delivery in September trading in New York changed hands for US$3.0295 per lb. (US$6,680 per tonne) in afternoon trade on Aug. 19 - the highe...Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsIt has not come as a surprise. The pandemic was pretty much a nightmare scenario for diamond companies; demand is tied to macroecono...Read More

Iron ore prices hit six-and-half year highs on Aug. 18 as Chinese furnaces, where more than half the world's steel is forged, roll out crude steel at a never before seen pace.According to Fastmarkets MB, benchmark 62% Fe fines imported into northern China were changing hands for US$128.57 per tonne on Aug. 18, up 5.4% on the day.That was the highest level for the steelmaking raw materials since Ja...Read More

It has been a difficult week for English mining engineers. A coal open pit closed in Durham on the same day (Aug. 17) as a thought-provoking press release by Global Footprint Network (GFN). The closure left just one industrial-scale coal mine operating in the country, and means that a once proud (and important) industry is almost at an end.Coal is still needed globally, of course, and it remains m...Read More

According to the South Korean media, SK Innovation intends to further gradually maximize the nickel content in its next-generation lithium-ion batteries.Read full newsRead More

A growing distaste for the oil business among potential young employees, combined with the economic crisis of the pandemic, could make it harder to tackle competition from renewable energy and electric vehicles.Read full newsRead More

The current economic uncertainty is shooting up the prices of gold, which bodes well for gold mining stocks.Read full newsRead More

Warren Buffett's Berkshire Hathaway bought a stake in Barrick Gold in the second quarter, a Friday filing showed. Barrick Gold surged as much as...Read full newsRead More

Commodity stocks, aside from gold, largely sat out the rally over the past few months, but investors are starting to buy top players in these hard-hit sectors.Let’s take a look at Teck Resources (TSX:TECK.B) (NYSE:TECK) to see why it deserves to be on your contrarian radar today.Stimulus surgeTeck Resources is Canada’s largest diversified mining company. The core products are steelmaki...Read More

Amid the uncertainty in the equity markets and lower returns on bonds, investors have found refuge in the safe-haven asset, gold, leading to a surge in its prices. Year-to-date, gold prices have increased by over 27%. The increase in gold prices has benefited gold mining companies, such as Barrick Gold (TSX:ABX)(NYSE:GOLD) and Kinross Gold (TSX:K)(NYSE:KGC), which have returned over 50%...Read More

Amid the COVID-19 pandemic, Warren Buffett has been doing a considerable amount of selling, dumping his entire stake in commercial U.S. airlines and trimming his significant bank exposure. Recently, Warren Buffett scooped up shares of top-tier gold miner Barrick Gold (TSX:ABX)(NYSE:GOLD) after having slammed the yellow metal for the majority of his investment career.Given recent stock sales and hi...Read More

Aug 20, 2020 Guest(s): Gerald Celente Publisher, The Trends Journal The stock market does not reflect the economic reality, and this overdue correction can be expected as soon as this fall, said Gerald Celente, publisher of The Trends Journal."I believe, September or October, we're going to see the markets unravelling the way they should. There's actually no reason for them to be going up, only...Read More

NOA is a compelling opportunity for value investors with a longer-term time horizon to own a wealth-generating company which can be bought today near its tangible book value.North American Construction Group has seen some success from its initiatives into coal in Texas and Wyoming.Although stocks have recovered much of the lost ground from their worst lows in March, PI Financial analyst Devin Schi...Read More