FIDELITY SELECT ADVISOR (R) GOLD FUND CLASS A- Performance charts including intraday, historical charts and prices and keydata.Read full newsRead More
Canada's oil patch has endured five years of existential threats that have pruned weaker companies, but now its strongest firms are trying to navigate the coronavirus pandemic, which has set off the worst crisis in the oil industry in 40 years.Read full newsRead More
Canada’s main stock index rose on Tuesday, steered by energy stocks and the materials sector, which added 0.7% as gold futures rose 0.3% to $1,700 an ounce. U.S. gold futures rose 0.9% to $1,713.20 per ounce. The most heavily traded shares by volume were Freegold Ventures Ltd, down 5.9%; B2gold Corp while Canadian Natural Resources Ltd, which rose 3.4%., was among the largest percentage gai...Read More
It's the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become "wet noodle" affairs.Bulls and bears who aren't prepared for this type of sideways price action may get frustrated.Please click here now. Double-click to enlarge this short-term gold chart.My suggestion for investors is to focus on the important price zone of $1800 for modest selling, and $1...Read More
Kiena Complex. Image from Wesdome Gold Mines. Wesdome Gold Mines has released drill results from the past-producing Kiena mine complex in Val d'Or in Quebec. The drill highlights include 3 metres of 108.2 g/t gold, 5.2 metres of 47.8 g/t gold and 12.4 metres of 41.3 g/t gold.As reported in February, the 'A' zone has been traced for over 830 metres down plunge with additional assays pending. Prio...Read More
This is a story about coronavirus, fiat currency, and Super Mario?It sounds silly at first but bear with me as I sort through this strange and fascinating tale where millions of dollars are at stake for what amounts to mere child's play.Video game stocks have been on a tear this year.You see, now that COVID-19 has us all locked in our houses with our children, we can bear witness to the absolute p...Read More
RNC Minerals staff with the first gold dor?(C) bar poured in June 2019 at the Higginsville gold mill, 60 km south of the Beta Hunt gold mine in Western Australia. Credit: RNC Minerals. RNC Minerals is making its status as a gold-focused company official, announcing the acquisition of a third gold project in Australia, and proposing a name change to Karora Resources.RNC already operates the Beta...Read More
The Cloud-based Software as a Service (SaaS) system includes a wearable device worn by workers on their arm which alerts both the worker and their supervisor when core body temperature is too high. Kenzen, a company focused on smart and innovative personal protective equipment (PPE), has launched a real-time worker heat monitoring system.The cloud-based Software as a Service (SaaS) system include...Read More
Project found ways to increase Europe's self-sufficiency in cobalt, nickel and zinc. VTT, a research, development and innovation partner, coordinated a project that combined new and existing recovery methods of economically significant metals from process waste as well as low-grade ores. The recently completed MetGrow+ project found ways to increase Europe's self-sufficiency in cobalt, nickel and...Read More
Las Chispas Underground - Image courtesy of Silvercrest Metals Inc. SilverCrest Metals (TSX: SIL, NYSE: SILV) announced on Tuesday that it will resume exploration and development work at its Las Chispas gold-silver project in Sonora, Mexico by mid-May following a temporary suspension due to national covid-19 containment protocols.The company has also reported in-fill and expansion drill result...Read More
It's the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become "wet noodle" affairs.Bulls and bears who aren't prepared for this type of sideways price action may get frustrated.Please click here now. Double-click to enlarge this short-term gold chart.My suggestion for investors is to focus on the important price zone of $1800 for modest selling, and $1...Read More
Here are five Fastmarkets stories you might have missed on Tuesday May 12 that are worth another look.Workers at ArcelorMittal Spain are preparing a series of token strikes in response to the company's decision to apply a new plan for temporary layoffs (known as ERTE), sources told Fastmarkets on May 12.Troubled oil trader ZenRock owes at least $615 million to banks, suppliers and customers, it sa...Read More
Aluminium premiums in Europe, the United States and Asia were mostly steady week-on-week on Tuesday May 12, with the gradual restart of industries in various parts of the world having little immediate effect.Rotterdam P1020 premiums flat while Italy premium ticks upwardUS Midwest premium unchanged despite automotive industry restartsAsia premiums flat in quiet market.Italy premium ticks upwardThe...Read More
Weekly Reports |May 12 2020After an historic monthly price rise in April, May opened with the spot uranium market calming down.-Calm descends on uranium market-Virus hitting global energy demand-US production crashesBy Greg PeelIn the month of April, the spot uranium price rose almost 24% to mark the largest monthly increase in almost thirty years. In six weeks, the spot price rose 41%, being the...Read More
Teck Resources is starting to increase the number of workers active at its Quebrada Blanca Phase 2 (QB2) project in northern Chile but is still uncertain when it will be able to resume normal activities at the site. Around 1,100 employees are now active at the project, according to Don Lindsay, chief executive officer of the Canada-based company, noting that employment at the site had dropped...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMay 12, 2020 It’s the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become “wet noodle” affairs. Bulls and bears who aren’t prepared for this type of sideways price action may get frustrated. Pleaseclick here now. Double...Read More
Jack ChanPosted May 12, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.Speculation falling while prices are rallying.Prices are bouncing on lower speculation.Our ratio remains on BUY signal.GLD h...Read More
Here are five Fastmarkets stories you might have missed on Tuesday May 12 that are worth another look.Workers at ArcelorMittal Spain are preparing a series of token strikes in response to the company's decision to apply a new plan for temporary layoffs (known as ERTE), sources told Fastmarkets on May 12.Troubled oil trader ZenRock owes at least $615 million to banks, suppliers and customers, it sa...Read More
Advanced Metallurgical Group (AMG) has reported a 56% decrease in earnings before interest, taxes, depreciation and amortization (Ebitda) for the first quarter of 2020 amid a decline in metal prices across its entire portfolio and depressed market conditions resulting from the Covid-19 pandemic.The Amsterdam-listed group generated Ebitda of $22.3 million in January-March, a drop from $50.4 million...Read More
Shipments to long-term customer Indian Potash Limited would support the important role potash played in India's food production, while Canpotex would continue initiatives to educate farmers regarding the potential value of the crop nutrient in the expanding and important market, said CEO Gordon McKenzie.Canpotex has also agreed to contracts with its traditional customers in China for potash shipme...Read More