Prince George, British Columbia. Credit: Wikipedia. While the current business outlook remains uncertain, PwC Canada, in its new BC Mines Report, says the British Columbia mining industry is in a good position to withstand volatility due to prudent spending over the last few years and strong environmental, social and governance (ESG) practices.BC Mine 2019 ESG: Resilience and Opportunity in Uncer...Read More

Image from Grundeinkommen. Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programs halted or cancelled and project disruptions hampering production, the summit is in sight, according to research firm Wood Mackenzie's latest report. As organic growth is waning, miners are looking to buy gold through mergers and acquisitions to secure the...Read More

Here are five Fastmarkets stories you might have missed on Wednesday June 17 that are worth another look.The European Commission (EC) has outlined plans to regulate access of foreign investors in the single market of the European Union, the commission said on its website on June 17.European Aluminium has called on the European Commission (EC) to address the distorting effects of foreign subsidies...Read More

The three-month nickel price was the worst-performing LME base metal at the close of trading on Wednesday June 17, with a 1.3% downturn, while a steady climb in zinc futures saw it overcome nearby resistance. Nickel's outright price on the London Metal Exchange closed at $12,871 per tonne on Wednesday afternoon, with selling pressure seeing it fall from an intraday high of $13,045 per tonne,...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday June 17.Please click...Read More

McClellan Financial Publications, IncPosted Jun 17, 2020Jun 11, 2020Back on March 19, I wrote here about "Stock Market Showing Another Example of ‘Rogue Wave’ Behavior".This week’s chart updates that same chart from the article 3 months ago. The only change is that 3 more months’ price data have been added.In an oceanic rogue wave, the huge wave “borrows&rdq...Read More

At 5,500 meters above sea level, a team of four from a major Chinese zinc smelter was driving up a snowy mountain in the summer of 2018, on their way to the country's largest known zinc-lead deposit - the Huoshaoyun deposit southwest of Hotan County in the Xinjiang Uyghur Autonomous Region.But the field trip came to an abrupt end when the team was just two hours away from the site.  "We...Read More

The company's maiden drilling at the Ban Chang prospect hit 5.2m at 0.66% nickel and 0.73% copper (plus 0.79 grams per tonne PGE) from 58m, including 1m at 3% nickel and 1.2% copper.Read More

Stewart Thomson, Graceland Updates 1. Gold investors are eager to see the current price reaction end and a fresh uptrend begin. Oscillator buy signals, rising volume, and bullish price patterns are beginning to appear in some gold stocks, and that's a good sign. 2. Please click here now. Double-click to enlarge this daily gold chart. The best word to summarize both the fundament...Read More

By: Ira EpsteinGold 1706.20 support, swingline in gold's favor. 18-dma at 1728 area:Read More

The number of cases has risen to 998 and deaths increased to two, according to the latest figures from the Minerals Council South Africa, which were last updated on June 15.It said almost 260,700 miners had been screened, 10,890 had been tested, there were 614 active cases and 382 recovered.The council said there were 521 results pending.On Friday, there had been one death and 879 positive cases.T...Read More

Turkish steel producers continued to book deep-sea scrap for July shipment at steady prices on Wednesday June 17, sources told Fastmarkets.A steel mill in the Iskenderun region booked a US cargo, comprising 17,000 tonnes of HMS 1&2 (80:20) at $267 per tonne cfr and 15,000 tonnes of shredded at $272 per tonne cfr.Following the news of the US transaction, the change in the daily scrap indices was on...Read More

Markets were mixed this morning, Wednesday June 17, while bullish sentiment continues to be fueled by government liquidity and stimulus but Covid-19 concerns and economic reality remain headwinds.Asian-Pacific equity markets were mixed this morning, but pre-market major western equity index futures were weaker. Passenger car registrations in the European Union fall by 52.3% year on year in May, Ap...Read More

Share this articleTORONTO - Iamgold Corp. [TSX-IMG, NYSE-IAG] says it has suspended operations at its Rosebel Gold Mine in the South American country of Suriname after seven people were diagnosed with COVID-19, sparking a showdown with its union.The Canadian mining company says it proceeded with getting medical care and putting the individuals in quarantine while disinfecting their living quarte...Read More

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing...Read More

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt...Read More

I don't come into the office too early these days.This morning was different, however.The sun was just barely creeping over the horizon, and the parking lot was barren except for a Kona blue, 2010 Mustang GT coupe that was parked right in my spot.It was an ugly car, to be sure, with a horrid saddle leather interior and a pair of dirty shoes hanging on to the mag rims that I mistook for cheap plast...Read More

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed...Read More

Today, INK Research makes the case that the consumer's old romantic flame with the automobile could reignite as North Americans head back to work. If so, AutoCanada (ACQ) could benefit. The stock is trading right at its 200-day moving average. Contrarians might want to kick the tires of this opportunity.Will AutoCanada (ACQ) start to move up hill (click to the premium watch video)Meanwhile, in a...Read More

Prices for hollow steel sections in Europe continued to move down on Wednesday June 17, with feedstock prices continuing to fall ahead of the imminent renewal of the EU's import quotas, sources told Fastmarkets.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?540-560($610-633) per tonne on Wednesday, down from ?,?550-560 per tonne a week e...Read More