Aug 27, 2020 (Financial News Media via COMTEX) --FN Media Group Presents Oilprice.com Market Commentary London - August 27, 2020 - A post-COVID new normal...Read full newsRead More
For the recent retiree, growth stocks can be something of a mixed bag. A lot of it comes down to risk appetite, of course. Those speculative plays that felt fairly low key a few years ago are becoming less appealing. But the markets are also changing rapidly. While this means that some high-risk areas have lost momentum, growth is now cropping up in some unusual places. Let’s examine a few o...Read More
Gold has pulled back from its record highs.Where we go next is anyone’s guess, but investors who missed the big rally this year might want to consider buying the latest dip to get exposure for their RRSP or TFSA portfolios.Gold price momentumGold started 2020 near US$1,525 per ounce. It hit a record closing high of US$2,069 on August 6, but slipped back below US$1,925 by early last week. Pro...Read More
I got an email from Gerardo in June of last year:I've held off on sending out an update on gold because I wanted to be sure that the weekly closing last week held the $1,383 level which was resistance.The yellow metal passed that test with flying colors, bursting through the $1,400 level and trading at $1,415/oz. as I write this....we now have the energy and volatility we need for the new gold bul...Read More
Aug 31, 2020 Guest(s): Kenneth Berry CEO, Northern Vertex Mining Corp. Gold prices holding above critical support above $1,900 an ounce have breathed new life into the mining sector and investor sentiment has come a long way in the last two years, according to one mining executive. On the sidelines of the Mines and Money Online Connect virtual mining conference, Ken Berry, CEO of Northern Vertex...Read More
Aug 31, 2020 Guest(s): Peter Marrone Executive Chairman, Yamana Gold Although gold equities have seen a substantial rally this year, with the VanEck Vectors Gold Miners ETF (GDX), up 45% year to date, the sector as a whole is still undervalued, according to Peter Marrone, executive chairman of Yamana Gold. "I think that this is the time to be invested in equities, more than the time to be invest...Read More
Here are five Fastmarkets stories you might have missed on Monday August 31 that are worth another look.The United States' government has reduced the Section 232 quota for imports of semi-finished steel products from Brazil in the fourth quarter, according to a proclamation from president Donald Trump published late on Friday August...Read More
A second deal for fourth-quarter aluminium ingot supply to main Japanese ports (MJP) was concluded at a premium of $83 per tonne cif MJP, market sources told Fastmarkets on Monday August 31.The deal was for 1,500-3,000 tonnes of aluminium ingot in total for October-December delivery, with 500-1,000 tonnes to be delivered each month. The premium is paid on top of the London Metal Exchange cash pric...Read More
Aftermath had said on Thursday Sprott had agreed to invest $5.3 million in its $12.5 million placement priced at 65c per share, which would give him 19.9%.A day later, Aftermath said it was increasing the placement to $15.6 million and said Sprott would also increase his investment, in order to hold 19.9% of the issued and outstanding shares post-closing.He had held 16.2% at July 13, according to...Read More
Swick Mining founder and managing director Kent Swick said on the company's FY2020 results conference call it was keen to move the mooted demerger forward, given Orexplore's value wasn't beingRead More
Vancouver, BC - Sona Nanotech Inc. (CSE: SONA), (OTCQB: SNANF) ("Sona Nanotech" or the "Company"), a developer of rapid, point-of-care diagnostic tests, announced today it has engaged Bonham/Wills & Associates ("Bonham/Wills"), a leading sports consulting firm, to assist in securing test development sponsorship partners for its next rapid-response test R&D project, leveraging the Company's proprie...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), is pleased to announce that it has acquired all the assets and economic interests of its royalty portfolio company Green Compliance Inc. ("Green Compliance"). Green Compliance's ezGreen software provides state-of-the-art enterprise compliance and point-of-sale (POS) software solutions for licensed cann...Read More
Montr?(C)al, Qu?(C)bec - August 31, 2020 - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF/ FRA: WK3D) is pleased to announce the Company has entered into an agreement with Insight, a NASDAQ listed Fortune 500 US distribution company offering innovative solutions to support the modern workforce by simplifying device management for distribution of the Company's cellular booster line of business.Insight...Read More
MTV's senior lenders, shareholders and unsecured creditors participated in finding a solution creating a path towards profitability and sustainability.Read More
Here are five Fastmarkets stories you might have missed on Monday August 31 that are worth another look.The United States' government has reduced the Section 232 quota for imports of semi-finished steel products from Brazil in the fourth quarter, according to a proclamation from president Donald Trump published late on Friday August...Read More
* Dollar set for fourth consecutive monthly decline * Gold on track for first monthly fall in five * Silver heads for fifth straight monthly gain * Interactive graphic tracking global spread of coronavirus:open in an external browser (Recasts, adds quotes, updates prices)By Diptendu LahiriAug 31 (Reuters) - Gold traded in a narrow $20 range onMonday as it headed for its first monthly decline in fi...Read More
Supply of steel scrap in Australia is being squeezed by regional Covid-19 lockdowns and a general decline in economic output, scrap market participants have told Fastmarkets.The reduction in scrap generated in Australia is reducing the volume of material being offered for export from the country and raising prices for whatever material is being offered.Covid-19 transmission in the country is affec...Read More
A summary of miner-producer China Molybdenum Co's results for the six months of 2020, as released on Monday August 31.In brief Revenue for the company's mining and processing business totaled 9.1 billion yuan ($1.3 billion) in the first half of 2020, down by 4.86% year on year. ...Read More
Share this articleAuryn Resources Inc. [AUG-TSX, NYSE American] said Monday August 31 that it has arranged for a bought deal private placement that is expected to raise $22.5 million from the sale of 7.5 million subscription receipts of the company.The subscription receipts will be exchanged for common shares of Auryn concurrently with the completion of Auryn's recently announced plan to acquire E...Read More
Spot cobalt hydroxide payables consolidated last week amid a slowdown in trading activity, with buyers and sellers both unwilling to compromise in order to secure deals. Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China, held at 76.5-77% of the price for cobalt standard grade (low-end) on Friday August 28. The raw materials price has been unchanged for three consecutive pricin...Read More