Chinese imports of scrap metal from the United States fell in September, according to customs data on Thursday, spelling out the impact of tariffs imposed by Beijing, while India and Iceland benefited from a boom in Chinese alumina exports.China's General Administration of Customs said in a statement posted on its website on Thursday that it was making available to the public monthly data on the i...Read More
Chinese imports of scrap metal from the United States fell in September, according to customs data on Thursday, spelling out the impact of tariffs imposed by Beijing, while India and Iceland benefited from a boom in Chinese alumina exports.China's General Administration of Customs said in a statement posted on its website on Thursday that it was making available to the public monthly data on the i...Read More
LONDON (Reuters) - British sports minister Tracey Crouch resigned from government on Thursday, the BBC reported, in a row over whether ministers had delayed a proposed implementation of gambling reforms.The government is to cut the maximum stake on fixed-odds betting terminals (FOBTs) from 100 pounds to just two pounds, but not until next October. The move came after ministers opted to try to tack...Read More
"Crystal Lake Mining (CLM-V) -- Drilling Starts at Burgundy Ridge... DR. Peter Lightfoot quotes:Read full newsRead More
Gold appears to be an attractive investment during the next few years.A larger degree corrective rebound is probably unfolding.Another spike below the August 2018 lows seems likely to start a bigger rally.Introduction Gold appears to be an attractive investment during the next few years. Technical analysis and sentiment indicators lead to this conclusion. However, the Elliott wave framework sugges...Read More
New Yorkers looking to escape the winter chill by driving to Daytona Beach, Florida, would use about 40 gallons of gasoline to traverse the 1,000 miles in a Chevrolet Impala.Switch that gas guzzler out for an electron-eating EV and the equation changes. A Tesla Model S traveling the same distance would need power generated by about 2,500 cubic feet of natural gas, 286 pounds of coal or 33 minutes...Read More
"American Manganese (@AmerManganese) (#TSXV: $AMY // #OTCQB: $AMYZF)The Biggest SECRET in the #BatteryMetals Industry [https://t.co/vZXN82KP0K]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #cleanenergy"Read full newsRead More
(Reuters) - Chuck Wirtz voted for Donald Trump in the 2016 election, inspired by the then-political outsider, but the veteran Iowa hog farmer now has buyer’s remorse as the U.S. Republican president’s trade policy exacts a heavy toll on his business.Wirtz, 56, estimates the tariffs resulting from the U.S. trade war with China and other nations have cost him $200,000 this year and force...Read More
"Canada Cobalt Works (@canadacobalt)(#TSXV: $CCW // #OTC: $CCWOF) #CEO Frank Basa on the #Cobalt Market & Upcoming Catalysts [https://t.co/R1C9tfQ3bY]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #cleanenergy"Read full newsRead More
WASHINGTON (Reuters) - Washington ratcheted up pressure on Venezuela’s leftist President Nicolas Maduro on Thursday with new measures aimed at disrupting the South American country’s gold exports, U.S. national security adviser John Bolton said.Bolton promised a tough stance by the Trump administration toward “dictators and despots near our shores” and singled out Venezuela...Read More
Panasonic Corp. is on the verge of turning a profit at the giant U.S. battery factory it operates with Tesla Inc., finally yielding returns for a Japanese company shelling out billions to make power cells for Elon Musk.Panasonic already makes money on batteries for the Model S and Model X, which it produces domestically, President Kazuhiro Tsuga said in an interview. It's now ramping up output at...Read More
"CROP Developing One Ton Nevada Extraction Facility With 60% Payment Coming From 1,500,000 Pound Supply Agreement -- $CROP @CROP_CSE #Cannabis #CRXPF #CropCorp #CSE #BNN #MarijuanaStocks #Potstocks #hemp #CBD #smallcap -- Read the News Release here: https://t.co/X6T48g5CvV"Read full newsRead More
BEIJING (Reuters) - Chinese President Xi Jinping hopes China and the United States will be able to promote a steady and healthy relationship, Chinese state media reported on Thursday, as the world’s two largest economies engage in a bitter trade dispute.In a phone call with U.S. President Donald Trump, Xi also said he and Trump hoped to expand bilateral trade cooperation, Xi was quoted as sa...Read More
WASHINGTON (Reuters) - The U.S. Justice Department unveiled an indictment against two companies based in China and Taiwan and three individuals on Thursday, saying they conspired to steal trade secrets from U.S. semiconductor company Micron (MU.O) relating to its research and development of memory storage device products.The charges against Taiwan-based United Microelectronics Corp (2303.TW), Chin...Read More
The largest US aluminum and steel producers - companies that were supposed to benefit from tariffs - have all lost value this year.Shares of every major US steel and aluminum producer are down for the year, while Century Aluminum Co. and Alcoa Corp., the country's two biggest aluminum makers, had the worst October since 2008. It was the biggest October drop since 2009 for US Steel Corp., which rep...Read More
The largest US aluminum and steel producers - companies that were supposed to benefit from tariffs - have all lost value this year.Shares of every major US steel and aluminum producer are down for the year, while Century Aluminum Co. and Alcoa Corp., the country's two biggest aluminum makers, had the worst October since 2008. It was the biggest October drop since 2009 for US Steel Corp., which rep...Read More
Short covering could keep the wind at ALK's back, tooThe shares of Alaska Air Group, Inc. (NYSE:ALK) are up 3.6% to trade at $63.63 today, bouncing back after logging a stiff October loss. The regional airliner could be due for an even bigger breakout this month, if past is prologue.On the charts, Alaska Air Group stock gapped lower in early October, eventually turning in a 10.8% loss for the mont...Read More
Japanese trading house Sumitomo Corp. on Thursday lowered its forecast for nickel output at its Ambatovy project in Madagascar to slightly above 40,000 tonnes in the year to March 31, below its projection in May of 48,000 tonnes.Due to lower production amid bad weather and a slow ramp-up after a regular maintenance, Sumitomo now expects a loss of 13.6 billion yen ($120.47 million) from the Ambatov...Read More
This story first appeared on www.northernminer.com in September 2018STEWART, BRITISH COLUMBIA - Vancouver-based IDM Mining (TSXV: IDM; US-OTC: IDMMF) is steadily advancing its wholly owned Red Mountain gold project in northwestern British Columbia's Golden Triangle region."We are about to have one of the few shovel-ready mines in Canada, and it's going to do the one thing the mining business...Read More
This story first appeared on www.northernminer.com in September 2018STEWART, BRITISH COLUMBIA - Vancouver-based IDM Mining (TSXV: IDM; US-OTC: IDMMF) is steadily advancing its wholly owned Red Mountain gold project in northwestern British Columbia's Golden Triangle region."We are about to have one of the few shovel-ready mines in Canada, and it's going to do the one thing the mining business...Read More