This is an edited summary from the World Gold Council, based on its "Gold Demand Trends Full Year and Q4 2019" report. To access the report, visit www.gold.org.Gold demand fell 1% in 2019 as a huge rise in investment flows into ETFs and similar products was matched by the price-driven slump in consumer demand.It was a year of two distinct halves: resilience and growth across most sectors in the fi...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) posted a better-than-expected quarterly profit and rewarded investors with a 40% dividend increase, thanks to strong gold prices.The world's second-largest gold producer reported adjusted net earnings in the three months to December of US$300 million, or US17 ? a share, up from US$264 million and US15 ? recorded in the third quarter. Analysts' average estimate f...Read More
To strengthen its appeal for increasingly vigilant investors, the gold miner will focus on environment, sustainability and governanceRead full newsRead More
Feb 12, 2020 (GoldStocks.com via COMTEX) -- The rally in gold has been in progress since the beginning of the year due to the onset of the coronavirus scare...Read full newsRead More
Asterion Cannabis Inc. Is a Canadian medical cannabis company with a wholly owned Australian subsidiary. The company is focused on being a leader of precision agriculture and producing the highest quality, low cost, genetically uniform strains of cannabis.Read full newsRead More
Cannabis SolutionsRead full newsRead More
"$CRZBF $CRZBY - Commerzbank AG (CRZBF) Management on Q4 2019 Results - Earnings Call Transcript. https://t.co/fPT6KhhJVp #finance #markets #stocks"Read full newsRead More
"Gold - Just a question of time ? #gold #silver #preciousmetals #GDX #GDXJ #HUI #business #finance #investments #fintwit #stocktwit #stocks #StocksToTrade"Read full newsRead More
Amex Exploration Inc. is very pleased to report multiple high grade drill results from the Eastern Gold Zone on its 100% owned Perron property.Read full newsRead More
The trading session on Thursday saw gold prices reaching towards the $1,580 level – another strong performance in a series of consistent results since the start of the year. The surge in gold prices of 0.7% on Thursday comes amidst mounting concerns over an increase in the number of new coronavirus cases, fuelling demand for safe-haven assets. As a result, major US and European stock indexes...Read More
Cerro Moro gold-silver mine in Argentina. (Image courtesy of Yamana Gold) Precious metals miner Yamana Gold's (TSX:YRI; NYSE:AUY) stock reached a three-year high of $4.31 a share on Friday following the release of its fourth quarter and full year 2019 results.Annual gold production was 900,339 ounces, while silver production reached 10.6 million ounces, both exceeding the company's 2019 guidance....Read More
Feb 14, 2020 Guest(s): Clem Chambers Investorshub.com Bitcoin has risen 48% since the start of 2020, far outperforming gold, and this may be due in part to the coronavirus, said Clem Chambers of Investorshub.com, who considers the largest cryptocurrency to be the "flight asset of choice". "Bitcoin is now proven to be of use, because you can buy it and turn it into fiat very, very quickly and ver...Read More
Stock image. Career prospects in the mining industry are looking bright, and competition for skilled workers is fierce. According to Mining Industry Human Resources Council (MiHR) research, the industry will need to hire about 79,000 workers by 2029 in Canada alone. This imminent hiring spree due both to a wave of industry retirements and employment growth. Occupational categories most affected w...Read More
Montepuez is an open-pit mine, considered the world's most lucrative ruby operation.(Image courtesy of Gemfields Group.)Precious gemstones miner Gemfields has returned to trading on the AIM, the London Stock Exchange's market for juniors, after delisting in 2017 following its acquisition by Pallinghurst Resources.The company, which mines emeralds and rubies in Zambia andMozambique, is trading un...Read More
Strong demand and bullish negotiations for second-quarter business pushed aluminium billet premiums in Europe higher on Friday February 14, while other global premiums were unchanged. Germany premium at highest since December 2019Weak demand in Thailand Premium remains at all-time low in USBuying interest thin in BrazilQ2 negotiations bullish in EuropeFastmarkets assessed the aluminium 6063 e...Read More
The US primary foundry alloy premium has hit an all-time low, with oversupply in the region the main reason for the downtrend.Fastmarkets assessed the aluminium wheel alloy silicon 7 ingot/T-bar premium dlvd dup over P1020A Midwest US at 6-9 cents per lb on Friday February 14, down a penny from the previous all-time low of 7-10 cents per lb set on December 13 and maintained in January's assessment...Read More
Several Chinese major zinc smelters are running at reduced output to prevent the quick build-up of sulfuric acid because a logistics lockdown caused by the coronavirus outbreak has dampened the sales outlook of the zinc smelting by-product. Yuguang Gold & Lead has suspended operations at a 100,000 tonne-per-year zinc production line this week, a producer source with direct knowledge of the matter...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
CN chief executive Jean-Jacques Ruest said late Thursday more than 400 trains were cancelled during the past week, calling it an "unprecedented ordeal".Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday February 14.Europe The silico-manganese and ferro-manganese markets increased over the week after a month of stability, with renewed demand from consumers prompting higher-priced deals.One deal was reported being done at ?,?980 per tonne delivered for 400 tonnes of silico-manganese to a...Read More