Vale (NYSE: VALE) has begun producing high-grade iron ore fines for pelletizing at its new 3-million-tonne-a-year grinding hub at China's Shulanghu Ore Transfer Terminal.The unit, a partnership with Ningbo Zhoushan Port Group, is generating a new product, known as GF88. The high-grade ground iron ore fine uses the company's flagship Caraj??s Fines as raw material and will partially feed growing de...Read More
ALX Resources (TSXV: AL) has entered into an option agreement with Rio Tinto (NYSE: RIO; LSE: RIO) on its Falcon nickel project in northern Saskatchewan.Under the deal, Rio Tinto may acquire up to an 80% interest in the project by spending $12 million on exploration over six years and by making cash payments to ALX totalling $125,000.Due to a naming conflict with another Rio Tinto mineral explorat...Read More
The Dow Jones Industrial Average fell 0.003% to finish the week at 27,930.33 and the S&P 500 rose 0.72% to 3,397.16. Spot gold climbed US$2.40 per oz., or 0.12%, to US$1,942.40 per ounce.Kirkland Lake Gold advanced 5.97% to US$70.08 per share. The company announced a strategic alliance agreement between the company and its wholly-owned indirectly held subsidiary St. Andrew Goldfields and Newmont C...Read More
The U.S. energy industry on Tuesday was preparing for a major hurricane strike, cutting crude production at a rate approaching the level of 2005's Hurricane Katrina and halting oil refining at plants along the Texas-Louisiana coast.Read full newsRead More
Gold mining can demolish Amazon rainforest in just a few days. New research finds that the impacted forest does not recover even 3-4 years after a mine is abandoned.Read full newsRead More
Gold mining can demolish Amazon rainforest in just a few days. New research finds that the impacted forest does not recover even 3-4 years after a mine is abandoned.Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Comet Resources (ASX:CRL) is pleased to announce that it has executed a Share Purchase and Joint Venture Agreement with the shareholders of El Alamo Resources Limited for the 100% acquisition of the Santa Teresa Gold Project.Read full newsRead More
Noble Mineral Exploration Inc. (Read full newsRead More
Warren Buffett and Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) has notably done very little trading during the market volatility this year. The company sold off its airline positions in the stock market to avoid tragic and possibly long-term losses. Further, the investing guru’s buying activity has been muted compared to other years.Known for being a value investor, Warren Buffett is us...Read More
Warren Buffett is widely known as one of the best investment managers of all time. So it’s no surprise when his company, Berkshire Hathaway, buys a TSX stock, investors notice.Over the years, investors have known Buffett to be a fundamental long-term investor. He has a strong belief in the long-term potential of the economy. Therefore, if you pick the best companies and hold them for the lon...Read More
Regardless of the stock market’s stellar recovery, the economy remains weak. Countries around the world have lowered their gross domestic product (GDP) forecasts. Meanwhile, jobless claims remain high. To make matters worse, the ill-impact of the coronavirus on the economy is still unknown, while infections continue to rise. All these indicate that we could be heading toward a recession.So,...Read More
YES! It's possible for YOU to become a millionaire on gold stocks.As I'm sure you've seen on the news, the price of gold is SOARING... turning what was already an amazing opportunity into a must-act-now, life-changing moment.How?It's all thanks to the expertise of renowned gold guru Gerardo Del Real.He's spent the last decade developing a one-of-a-kind system that pinpoints which gold stocks are...Read More
It'd been a while since I'd flown in a plane. To be honest, I didn't even like flying before the world went to shit. It's cramped, stressful, and it makes me nauseous. And now, of course, it's a little more dangerous with the pandemic. Unfortunately, though, some urgent family business called me out of state and I had to go. But now here's the good news: My flight experience was strangely com...Read More
Here are five Fastmarkets stories you might have missed on Wednesday August 26 that are worth another look.Brazilian flat steel producer Usiminas has restarted its No1 blast furnace (BF) in Ipatinga city, in the country's southeastern Minas Gerais state, it said on August 26.Following recent concerns on the...Read More
Global tin premiums were static in the week to Tuesday August 25, with the metal's subdued three-month price on the London Metal Exchange doing little to spur buying activity, while a returning backwardation and concerns over tight supply further limited interest in spot sales.Backwardation pressure keeps European market quietUS market eyes upside amid falling stocksImport losses cool Chinese buyi...Read More
The three-month nickel and tin prices on the London Metal Exchange were the standout performers at the close of trading on Wednesday August 26, with an 11.2% uptick in US durable goods orders supporting the base-metals complex.Meanwhile, steady buying in LME copper futures saw the metal's outright price approach key resistance at $6,600 per tonne.Nickel's underlying price on the LME closed at $15,...Read More
Here are five Fastmarkets stories you might have missed on Wednesday August 26 that are worth another look.Brazilian flat steel producer Usiminas has restarted its No1 blast furnace (BF) in Ipatinga city, in the country's southeastern Minas Gerais state, it said on August 26.Following recent concerns on the...Read More
Paulson purchased the notes in two separate financings in March 2016 and March 2020 and they will convert into 199.7 million shares.Read More
BHP, Anglo American and Glencore will be among the beneficiaries of a met-coal recovery, though it is a material which tends to be overlooked in the big diversified miners or ignored by investors whoRead More