A NLF player has been charged for his alleged participation in a scheme to file fraudulent loan applications seeking more than $24 million in forgivable Paycheck Protection Program Continue...Read More
"The Department is currently working to determine the best and most accurate manner in which to report information regarding cases of covid-19 associated with schools and daycares."Continue...Read More
Do these journalists despise Assange despite this fact, or because of it?Continue...Read More
"If you had given it a second of thought you would have appreciated the sentimental value attached to many of the items would have been priceless."Continue...Read More
Rob McEwen recaps goings on at McEwen Mining and discusses some of the juniors he has invested in. Rob McEwen, the chairman and CEO of McEwen Mining Inc. (MUX:TSX; MUX:NYSE ) and founder and former chairman and CEO of Goldcorp, doesn't mince words. "In the last year, what we went through at McEwen Mining could almost be described in Biblical terms: we had a fire, a flood and COVID is sort of a pl...Read More
Goldcliff Resource Corp. reported the Ainsworth silver district located near Kaslo, British Columbia, historically produced 93 million ounces of silver. Vancouver-based Goldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) reported in a news release that it plans to reactivate exploration efforts at the Ainsworth silver property located near Kaslo, B.C., Canada. Read More
While StrikePoint Gold is waiting for assay results from its Willoughby project, it is shifting its focus to the Porter Silver property. In a news release, StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced that while it awaits assays from phase 1 drilling at its Willoughby gold-silver project, it will explore for new and extension veins at its Porter silver property, both in British Columb...Read More
HighGold Mining reports results of the first two holes of a 15,000 meter drill program at the flagship Johnson Tract Project. High Gold Johnson TractHighGold Mining Inc. (HIGH:TSX.V; HGGOF:OTCQX) intersected wide intervals of high-grade mineralization in the first two drill holes of its 2020 program at its flagship Johnson Tract project in southcentral Alaska, it announced in a news release. Both...Read More
"This is the most significant mineralized zone discovered on surface at Shovelnose," Westhaven Gold reported. Westhaven Gold Corp. (WHN:TSX.V) announced in a news release that grab samples, taken from the Franz vein zone it discovered last week at its Shovelnose project in British Columbia's Spences Bridge Gold Belt, returned significant gold and silver assays.The highlights are from samples V074...Read More
Brazilian ferrous scrap exports fell both year on year and month on month in August while suppliers shifted their focus to the domestic market, data published this week by the country's ministry of the economy shows.Scrap exports reached 55,377 tonnes in August, a 19.7% year-on-year decrease from 69,000 tonnes in 2019 and a 27.6% drop in comparison with 79,460 tonnes in July of this year.The count...Read More
Russia's Severstal is running a modernization program at its Cherepovets steelmaking facility, which - though it may lead to short-term production cuts - will help it raise its annual steel output by 1 million tonnes by 2023.Several sources have reported that the major mill had scheduled a two-week maintenance for its 2-million-tonnes-per-year hot-rolling mill in October. They estimated that this...Read More
China's coking coal import quotas have changed the dynamics of the seaborne market, making the trading of the steelmaking raw material more risky, time-consuming and expensive for traders.What was typically a month-long process for a vessel carrying Australian coking coal to deliver to China has stretched to at least four months after import quotas became scarcer and port restrictions became tight...Read More
Here are five Fastmarkets stories you might have missed on Thursday September 10 that are worth another look.Russia's Severstal is running a modernization program at its Cherepovets steelmaking facility, which - though it may lead to short-term production cuts - will help it raise its annual steel output by 1 million tonnes by...Read More
Domestic prices for hot-rolled coil remained fairly stable day on day in Northern Europe on Thursday September 10, following a substantial increase a day earlier, sources have told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?476.15 ($561.29) per tonne on Thursday, down by just ?,?0.10 per tonne from ?,?476.25 per tonne on Wednesda...Read More
The three-month price of copper on the London Metal Exchange was the poorest performer at the close of trading on Thursday September 10, failing to capitalize on an early-afternoon spike above $6,700 per tonne in a 1.4% daily decline, while continued volatility in global equity markets left investors cautious about commodity exposure.Copper's outright price on the LME closed at $6,668.50 per tonne...Read More
The Turkish steel mills took a break from deep-sea scrap purchases after booking a number of cargoes at stronger prices earlier in the week, sources said on Thursday September 10.The steel producers in the country have booked six deep-sea cargoes so far this week, totalling around 200,000 tonnes. This activity was supported by improving demand for billet and long steel products in the...Read More
Here are five Fastmarkets stories you might have missed on Thursday September 10 that are worth another look.Russia's Severstal is running a modernization program at its Cherepovets steelmaking facility, which - though it may lead to short-term production cuts - will help it raise its annual steel output by 1 million tonnes by...Read More
Triland Metals Singapore Pte Ltd (TMS) has appointed Nicholas Quek as its head of sales & trading, effective September 1. Quek, who joined TMS in April 2019, most recently worked at Raffemet Pte...Read More
The three-month price of copper on the London Metal Exchange was the poorest performer at the close of trading on Thursday September 10, failing to capitalize on an early-afternoon spike above $6,700 per tonne in a 1.4% daily decline, while continued volatility in global equity markets left investors cautious about commodity exposure.Copper's outright price on the LME closed at $6,668.50 per tonne...Read More
Iron ore prices in the seaborne market fell further on Thursday September 10, with market sources saying that although the fundamentals of iron ore remained stable, the high levels of steel inventories dragged prices downward.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $126.09 per tonne, down by $0.45 per tonne62% Fe low-alumina fines, cfr Qingdao: $126.15 per tonne, down by $0.68 per t...Read More