Weekly Round-Up: Gold Price Recovers from Four-week Low
Heightened geopolitical tensions between the US and North Korea pushed the gold price up on Friday, but it is still below $1,300 per ounce.
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Heightened geopolitical tensions between the US and North Korea pushed the gold price up on Friday, but it is still below $1,300 per ounce.
By Melissa Shaw
Aluminum has had a stellar year, gaining 28 percent year-to-date on the London Metal Exchange. Looming supply cuts in China are helping to raise prices.
OPEC and non-OPEC members are set to meet again to discuss a possible extension to their current oil production cut agreement.
Midland Exploration Inc. (“Midland”) (TSX VENTURE:MD) is pleased to report that drilling will resume on a new gold-bearing zone that was intersected in drill hole on the Casault gold project in partnership with SOQUEM INC. (“SOQUEM”). The Casault property consists of 315 claims (173 square kilometres) and covers the Sunday
By Melissa Shaw
Analysts predict that iron ore prices will continue to decline due to a slowdown in steel production in China over the winter months.
By Melissa Shaw
Implats said the cuts will impact 2,500 people, and cited low metal prices and increased production costs as contributing factors.
By Melissa Shaw
Last week’s top-gaining stocks on the TSXV were American Manganese, Stakeholder Gold, GB Minerals and International Lithium.
CASI Pharmaceuticals, Savara, Adverum Biotechnologies, ChromaDex Therapeutics and MannKind top the NASDAQ biotech stock list.
The gold price edged lower on Friday and was headed for a weekly loss after a North Korean missile test brought little reaction from investors.
By Jocelyn Aspa
Clean tech investing spans many industry verticals, and refers to products and technologies that aim to reduce negative impacts on the environment.
By Shelly Kumar
Golden Predator Mining Corp. (TSXV:GPY) (the “Company” or “Golden Predator“) is pleased to announce the discovery of two new gold veins in the Hearts and Clubs Zones at the 3 Aces Project in southeast Yukon. Additional results are pending from the recently completed 2017 summer work program that focused on soil sampling,
By Melissa Shaw
Aluminum was the only major base metal to resist sentiment headwinds in August, says Scotiabank. It hit a six-year high during the month.
The cartel is considering extending production cuts to the second half of next year, sources familiar with the matter said.
Last week’s top-gaining TSXV stocks were Asian Mineral Resources, Garibaldi Resources, Niobay Metals, FPX Nickel and Noble Mineral Exploration.
By Siv Padhy
Codelco is in first place, and it’s followed by Freeport-McMoRan and Glencore. Read on to find out the rest of the top copper-producing companies.
By Shelly Kumar
Osprey Gold Development Ltd. (TSXV:OS, OTCQB:OSSPF) is pleased to announce it has entered into a definitive agreement (the “Option Agreement”) pursuant to which it has acquired (the “Acquisition”) an option (the “Option”) to acquire the Caribou Gold Property (“Caribou Property”) from John Logan Enterprises Ltd. (“Logan”). Pursuant to the terms
By Melissa Shaw
The company has executed a non-binding term sheet with High Power Exploration, a private firm with ties to mining magnate Robert Friedland.
Neovasc, Adaptimmune, Curis, Vericel and MannKind top the NASDAQ biotech stock list.
Gold climbed on Friday after weaker-than-expected US jobs data cast doubts on further Fed interest rate hikes. In August the metal rose 4.1 percent.
By Melissa Shaw
Nickel prices have been rising over the last eight weeks, and earlier this week three-month nickel on the LME rose as high as $11,840 per tonne.
