Prices of bulk scrap cargoes sold to South Korea jumped over the last seven days to Friday May 15, but market participants also told Fastmarkets that such high prices are unlikely to persist in the coming weeks.South Korean scrap demand among electric arc furnace (EAF) mills has increased in the past few weeks after construction projects restarted following an easing of the country's Covid-19 lock...Read More
The price paid for heavy melting scrap (HMS) imports in Taiwan continued on an upward trend over the week to Friday May 15, sources said.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $230 per tonne cfr on Friday, increasing by $1-5 per tonne from Thursday May 14 and by $5-7 per tonne from May 8.Read More
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) announced that an ongoing expansion of the giant Oyu Tolgoi copper-gold-silver mine in Mongolia is expected to cost an additional US$1.8 billion.The Rio Tinto-controlled company and mine operator had expected the underground expansion to cost US$5.3 billion when it was approved in 2015. Last year, however, Turquoise Hill flagged stability risks associ...Read More
Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has rebuffed an unsolicited proposal from Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) for an all share, three-way merger that includes Gold X Mining (TSX-V: GLDX; US-OTC: SSPFX), instead reaffirming its support of an earlier takeover offer by Silvercorp Metals (TSX: SVM; NYSE-AM: SVM) of 60 ? in cash, or 0.1195 of a Silvercorp common share, for each of...Read More
Mining in Mexico, the world's largest silver producing country, is set to fully resume next week as authorities implement a gradual nationwide return to a "new normal," which will see more than 200 coronavirus-free towns reopen on May 18.The rest of the country, which has been on a nationwide lockdown for more than seven weeks, will resume activities on June 1, the government announced late on May...Read More
Seven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAlthough Tesla's Model 3 was the highest selling car of the month, Roskill, a mining-industry consultanc...Read More
Commodities and utilities companies breached fund's guidelines on use of coalRead full newsRead More
?EUR?Meet Trad3r, the game that rewards you the better you trade.What do we mean you ask?The better you trade the more Trad3r points you earn & with trad3r points you redeem rewards.The rewards vary between discounted meals to adventurous activities... all for free.You can trade Celebrities. Brands...Read full newsRead More
Gold Markets Gold pushes higher as risk-off sentiment increases. The mood in the broader financial markets remained frail.Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2020) - Moneta Porcupine Mines Inc. (TSX: ME) (OTC: MPUCF) CEO of Moneta Porcupine Mines, Gary O'Connor, talks about the company's gold exploration in the Timmins Gold Camp.If you cannot view the video above, please visit:https://www.b-tv.comRead full newsRead More
VANCOUVER, British Columbia, May14, 2020(GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. ("Mission Ready" or the "Company") (TSXV: MRS) is pleased to...Read full newsRead More
Golden Ridge Resources announces that further to its news release of May 1, 2020 the Company's intention to consolidate its common shares on a 5-old-for-1-new share basis will be effective May 20, 2020.Read full newsRead More
Steppe Gold Limited is extremely pleased to announce its financial results for the quarter ended March 31, 2020.Read full newsRead More
The markets are growing volatile again. After the sudden coronavirus correction, investors were hoping that the recent rally would hold, but it’s growing clear that more downside is yet to come. If you’re nervous, now is the time to buy gold stocks.But don’t buy just any company involved in gold mining. This industry is famous for poor capital allocation. Some of the most valuabl...Read More
Growth stocks continue to outperform, a continuation of a trend that began after the last financial crisis. This is not surprising if you consider that growth stocks do quite well in a bull market. We just emerged from the longest bull run in history. In a bear market, growth stocks tend to lose value at a faster pace than income and value stocks. However, all bets are off in the bear market...Read More
Take a look at these two people. Both won about $3 million at premier world championships last year.Novak Djokovic is pretty easy to spot on the right. He was the 2019 Men's Singles Wimbledon champion.877,000 viewers watched him win, marking a 30% increase in viewership year-over-year, along with just over 12,000 at the No. 1 Court at the All England Club.Anyone who follows tennis knows him. How a...Read More
Today is a busy day at INK. At the close we are rebalancing the 50-stock INK Canadian Insider (CIN) Index. Over the past week we have been highlighting some of the new entrants and in the Friday morning report we highlighted newcomer Mullen Group ( MTL). There is obviously a lot of uncertainty about the economy's path due to COVID-19. However, there is some hope emerging among biotech stocks that...Read More
In this interview, Bob Moriarty of 321gold sits down with Maurice Jackson of Proven and Probable to discuss a number of important topics ranging from hospital cost incentives regarding the COVID-19, and the how the economy is going to be impacted by the virus. We will then shift our focus to the stock market and then highlight the perfect contrarian stock investment, junior mining companies, as we...Read More
As much as we would just like it to go away, second waves of covid-19 infections are pretty much a certainty at this point.We're already seeing initial proof of this in Asia in the very countries that have to-date been most successful at suppressing the virus: Hong Kong, China and South Korea. Even after extended lulls in cases, they're finding that opening social movement back up results in flare...Read More
Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bil...Read More