Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has entered into a binding letter of intent dated October 24, 2018 with Genetic Properties Inc. ("GPI") and its shareholders, pursuant to which Quadron will acquire up to a one-third equity interest in GPI (the "LOI").GPI, a private company based in Toronto, Ontario, is applying...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") is pleased to announce its latest commercial partnership with Indoor City Farm, Your Local Greens, Inc.Utilizing the latest LED grow light technology from Phillips Horticulture, Your Local Greens plans to become a key player in the post-organic Indoor City Farming space. With only 3% waste, 90% less water...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to announce that the Company sold 80,000 tonse of frac and industrial sands during Q3 2018 which is within the Company's previous guidance (see press release dated September 4, 2018) of between 65,000 to 95,000 tons.Further to this sales update, the Company is providing the below highlights of its cur...Read More
Only one digit has changed. But it may have profound consequences, sending the country closer to junk status. Meanwhile, Rome and Brussels clash over budget plan. Will that duel benefit or harm the yellow metal?Only One Notch Above Being JunkItalian drama continues. On Friday, Moody’s, one of the most significant rating agencies in the world, downgraded the Italian credit rating from Baa2 to...Read More
Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies are still struggling to turn a profit.A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) and the Sightline Institute detail the "alarming volumes of red ink" within the shale industry. "...Read More
YERINGTON, NEVADA - For the townsfolk of Yerington, Nevada Copper's (TSX: NCU; US-OTC: NEVDF) plan to begin production next year at its Pumpkin Hollow copper mine has been 40 years in the making.The waste dumps left by Anaconda Mining Co. after it shut copper operations in 1978 still loom large over this town in Nevada's Mason Valley, not far from Lake Tahoe and the California state line.There hav...Read More
Sean Boyd, Agnico Eagle Mines CEO, accepts The Northern Miner's Mining Person of the Year Award at the 2018 Progressive Mine Forum in Toronto. The event was presented by The Northern Miner and Canadian Mining Journal on Oct. 10, 2018, at the MaRS Discovery District.Read More
Rick Howes, Dundee Precious Metals president and CEO, delivers a keynote speech and takes questions from the audience at the 2018 Progressive Mine Forum in Toronto. The event was presented by The Northern Miner and Canadian Mining Journal on Oct. 10, 2018, at the MaRS Discovery District.Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell on Wednesday after the blue-chip index closed lower for four of the past five trading sessions.Boeing Co. (BA) rose 3.4% after the aerospace giant topped third-quarter earnings forecasts and raised guidance for 2018.AT&T Inc. (T) fell 5.9% after the telecom giant posted third-quar...Read More
European tin premiums have surged this week on concerns about continued supply from Indonesia, while premiums in the United States and China have remained firm on reduced demand and ample supply. Rotterdam 99.9% in-warehouse premium at 5-month high US tin demand expected to slow Closed import window keeps China premiums flat.European premium bolstered by production woesIn Europe, the premium for 9...Read More
Base metals prices on the London Metal Exchange were collectively lower at the close of trading on Wednesday October 24, pressured by continued strength in the US dollar index while the three-month aluminium price broke below $2,000 per tonne for the first time since April.Reaching an intraday low of $1,996 per tonne, the aluminium market continues to be affected by uncertainty over United States...Read More
Global physical nickel spot markets have been quiet over the past week while participants focus on negotiating long-term supply deals. Closed arbitrage window keeps Chinese market steady; long-term negotiations to start in November European premiums unchanged while participants start to look at next year's supply contracts US nickel premiums static while participants focus on long-term deals ...Read More
The market for Turkish lumpy chrome ore showed signs of strong recovery late last week and, although the market appears to have stalled since then, the uptrend looks set to resume.Upward momentum started to return to the market after several weeks in which there was little reported trade.Fastmarkets MB's price assessment of Turkish lumpy chrome ore, cfr China, gained $8 to reach $230-240 per...Read More
Key data from the Wednesday October 24 pricing session in Europe.Key drivers The downward trend in the European ferro-titanium market in October has been extended in the latest assessment, with high-volume sales to Europe from Russia dragging down prices. Sources said there is supplier resistance at $5 per kg, which is proving something of a psychological level for the market. But there is en...Read More
The shutdown of Brazilian alumina refinery Alunorte for a few days in October could bring its production volume down by 20,000-30,000 tonnes in the fourth quarter, according to Eivind Kallevik, chief financial officer of the unit's owner, Norsk Hydro.Hydro produced 821,000 tonnes of alumina during the third quarter of 2018. If output goes down by as much as 30,000 tonnes, that would mean a reducti...Read More
Norsk Hydro's third-quarter earnings were up from a year ago due to higher all-in aluminium and alumina prices, but a continued production curtailment at the company's Alunorte alumina refinery in Brazil continues to have a negative impact.The company's underlying earnings before financial items and tax (Ebit) increased to Nkr2,676 million ($323 million) in the third quarter of this year, up 9% fr...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Key data from the Wednesday October 24 pricing session in Europe.Key drivers The downward trend in the European ferro-titanium market in October has been extended in the latest assessment, with high-volume sales to Europe from Russia dragging down prices. Sources said there is supplier resistance at $5 per kg, which is proving something of a psychological level for the market. But there is en...Read More
Key data from the Wednesday October 24 pricing session in Europe.Key drivers The downward trend in the European ferro-titanium market in October has been extended in the latest assessment, with high-volume sales to Europe from Russia dragging down prices. Sources said there is supplier resistance at $5 per kg, which is proving something of a psychological level for the market. But there is en...Read More