Gold futures ended higher on Friday for a second straight day, with bullion posting its sharpest weekly percentage rise of the year.Read full newsRead More
Worried about another March 2020-like crash on the horizon? Got defensive stocks on your mind?Well, you’re not the only one.Those seeking diversification and long-term growth with some serious defensiveness have come to the right place. I think these two top TSX gold stocks are worth taking a look at right now.So, let’s dive into it.Kirkland Lake Gold Kirkland Lake Gold (TSX:KL)(NYSE:K...Read More
A Bloomberg article reported yesterday that New York-based real estate investor and developer, Kent Swig, secured $6 billion in "gold reserves" for a new gold-backed cryptocurrency.The article says the new digital token, named DIGau, will be pegged to gold's market price.And it mentions DIGau will be "guaranteed by liens Swig and partner Stephen Braverman's company, Dignity Gold, secured against m...Read More
Apr 20, 2021 Guest(s): Ran Neuner Founder, Crypto Banter | Host CNBC Crypto Trader The Bitcoin price fell by approximately 18% over the weekend and one of the factors behind this drop was a power outage in China's Xinjiang region that caused a 45% drop in the hash rate.The hash rate of Bitcoin measures the total combined computational power that is being used to mine and process the cryptocurren...Read More
Apr 20, 2021 Guest(s): Peter Grandich petergrandich.com The gold price is headed back to $2,000 an ounce once it breaches key resistance levels, said Peter Grandich, founder of Peter Grandich & Company."The most beautiful technical chart I've ever seen on any market was shown. There's a wonderful cup and handle formation now on gold going back 10 years and it coincided with an absolute all-t...Read More
Here are five Fastmarkets stories you might have missed on Tuesday April 20 that are worth another look.Brazilian steelmaker Gerdau will invest around 1 billion Reais ($179 million) to modernize and expand production capacity at its special steel division in Brazil amid an expected recovery in demand from both the automotive and capital goods industries,...Read More
A summary of base metals premiums from across the globe for the week to Tuesday April 20.Please click...Read More
The price of nickel was $16,038 per tonne at the close of trading at 5pm on Tuesday, its lowest closing price for three weeks, while most other futures prices on the London Metal Exchange also fell off their recent gains on Tuesday April 20.Nickel's three-month price was down by 0.5% from Monday's closing price of $16,121 per tonne, and at its lowest since March 31, when it closed at $16,068 per t...Read More
Here are five Fastmarkets stories you might have missed on Tuesday April 20 that are worth another look.Brazilian steelmaker Gerdau will invest around 1 billion Reais ($179 million) to modernize and expand production capacity at its special steel division in Brazil amid an expected recovery in demand from both the automotive and capital goods industries,...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comApril 20, 2021 Gold is not a stock, bond, or business deal... let alone a casino chip in a paper money casino. Please click here now. Double-click to enlarge this horrifying US government fiat versus gold chart. Gold is a currency.It is the ultimate currency... and as this 50year chart s...Read More
A summary of base metals premiums from across the globe for the week to Tuesday April 20.Please click...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Tuesday April 20.China Many domestic spot ferro-chrome sellers cut their prices in order to secure business at current profitable levels. The outlook for the ferro-chrome market remained bearish despite the recent supply tightness. Spot procurement for imported charge chrome was limited, with prices follow...Read More
Brazil-based Vale's March quarter output was below analysts' expectations and 19.5% less than the previous quarter, while Rio Tinto's output was 2% lower year-on-year.Meanwhile BHP today said it had achieved record March quarter production at its Western Australian iron ore operations, 4% more than a year ago, however it also missed expectations and its shares were down almost 2% in morning trade....Read More
Pilbara iron ore shipments on a 100% basis rose 7% to 77.8 million tonnes, just shy of Macquarie's forecast of 78.7Mt.Read More
Korea Zinc has agreed annual supply contracts for lead concentrate from South32's Cannington mine in Australia with a 25.5% reduction in treatment charge (TC) terms from a year ago.The two companies agreed to a TC of $136 per tonne and refining charge (RC) of $1.50 per oz, down from $182.50 per tonne / $1.50 per oz, sources claiming direct knowledge said. The deal was locked as per contract with n...Read More
The Liebherr-family owned business this week reported a 9.8% year-on-year dip in mining turnover to €964 million (US$1.1 billion) compared with last year's €1,069 million.Group sales across 13 product segments totalled €10,341 million in 2020, versus €11,750 million in 2019 - the highest level in five years.The Asia/Oceania region accounted for 60.8% of Liebherr's min...Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(TSXV: SSVR, OTCQB: SSVRF, Frankfurt: 48X) has commenced an over-10,000-metre drill program at the Hughes property near Tonopah, Nev. The program will consist of both reverse circulation (RC) and core drilling. An RC rig is currently in full operation on the project and two additional core rigs are scheduled to arrive within...Read More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), will partner with the Worldwide Asset eXchange Blockchain ("WAX"), on the launch of an NFT-based collectible card game titled Bud Farm Nifty Stash (the "Partnership").Bud Farm Nifty Stash will be the newest launch from the Bud Farm universe by LDRLY, and the first NFT-based game for LDRLY and the LEAF group. This collectible c...Read More
Seattle-headquartered Seeq said Insight joined the likes of Saudi Aramco Energy Ventures, Altira Group, Chevron Technology Ventures, Cisco Investments and Second Avenue Partners as investors in its product development and growth in markets that also include the chemical, and food and beverage industries."Seeq has established themselves as the leader in process manufacturing and IIoT analytics, and...Read More
The development of each project has been halted by community resistance centred on fears about contamination of water sources."We have already decided this. Conga and Tia Maria are unviable cases. I have been a watchman and as a social fighter, I defend the aquifer buffers," Castillo said in Cajamarca, according to local press."We must respect mining extraction has to take place where nature and m...Read More