Digging Deep

Digging Deep: Nickel at a crossroads

July 23, 2019

Silvery white and lustrous, hard and ductile, nickel is a metal with many applications. Perhaps that is why it seems to be sitting at a crossroads as a commodity: perched between a potential boom as a key component for electric vehicle batteries and concerns over de-industrialisation and trade wars which affect its demand from the stainless-steel industry. Right now, sentiment seems to be focusin...Read More

Mining market positive for lead Swedes

July 22, 2019 / www.mining-journal.com

Australia, Canada, Mexico and southern Africa, all key mining markets historically for the Swedish pair, are expected to see robust investment in underground fleet over the next 12 months.Epiroc, the former mining and tunnelling equipment arm of Atlas Copco AB, last week reported a 4% "organic" decline in June quarter orders, compared with the same period in 2018, to SEK10,553 million (US$1.12 bil...Read More

Kingsgate jumps 49% after Thai gold mine suspension lifted

August 21, 2017 / www.mining.com

Investors in Kingsgate Consolidated Ltd. (ASX:KCN) were allowed to gasp for air on Friday after being underwater on the stock due to problems with its mine in Thailand.The Australian-listed company shot up 49% to AUS$0.32 a share - three cents off a 52-week high - at the height of trading after the Thai government announced that a December 2016 suspension of the Chatree mining complex north of Ban...Read More

Haydale targeting Japan's electronic printed inks market

February 27, 2018 / www.proactiveinvestors.com

Ray Gibbs, CEO of Haydale Graphene Industries PLC (LON: HAYD) tells Proactive Investors at the Graphene for U.S. Conference in New York, that America is trying to catch up with graphene commercialization, while the Asian graphene market pushes for the material.Haydale's Taiwan-based inks arm has agreed a deal to supply Japanese firm Graphene Platform (GPC), and will initially target Japan's electr...Read More

My Goodness, What Is Happening to Platinum? / Commodities / Platinum

September 14, 2018 / www.marketoracle.co.uk

You may have noticed the platinumprice has fallen well below gold’s price and it continues to underperform the otherprecious metals. What is happening in the platinum market? We see a handful of factors driving the recent declines inplatinum. For starters, it is facing the same challenges we find in the goldand silver markets. The dollarhas been getting stronger, interest rates are rising, a...Read More

Ridgway Tornado

March 15, 2012 / www.youtube.com

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Gold Closes at Par Due to Geopolitical Uncertainty

February 21, 2017 / www.miningstockreport.com

After an initial dip in the price of gold early in the trading session Tuesday, gold finished strong to close out the day flat at $1,238.90, (-$0.20).The puzzling thing is the ICE Dollar index was up 0.5%, showing a strong U.S. Dollar. The US Dollar and Gold typically share an inverse market relationship, which would account for the drop in gold early in the trading day.Many analysts are attributi...Read More

IMF says Nigeria will "muddle through" with economic policies in medium term

February 28, 2018 / www.kitco.com

ABUJA, Feb 28 (Reuters) - The International Monetary Fund (IMF) projects that Nigeria will "muddle through" with its economic policies in the medium term, according to a report seen by Reuters on Wednesday.The lender warned that "comprehensive and coherent" economic policies "remain urgent and must not be delayed by approaching elections and recovering oil prices".The...Read More

Pieces of the US and Global Stock Market Puzzle Come Together

September 16, 2018 / news.goldseek.com

This article is edited slightly from the original to clean up some wording and make points a little clearer.All through the summer NFTRH had a top-test view on the primary US stock index, the S&P 500. We were 100% right on that; SPX spent all summer grinding upward to that test.That is where the would-be market genius aspect of the analysis ends because it appears that the favored outcome of that...Read More

BATTERY RAW MATERIALS MARKET REPORT 19/07: Speculative buying pushes Chinese cobalt prices slightly higher

July 20, 2019 / www.metalbulletin.com

An overview of the battery raw materials markets and their latest price moves.Read More

Billionaire Frank Giustra: Gold Is The Mother Of All Bubbles, Which Is Why You Should Buy It

October 19, 2012 / www.goldinvestmentletter.com

http://www.businessinsider.com/frank-giustra-bullish-gold-2012-10Read More

Jianxin Mining Net Profit Jumps 3-Fold in H1 2017

August 22, 2017 / news.metal.com

SHANGHAI, Aug. 22 (SMM) - Jianxin Mining Co.'s net profit belonging to listed shareholders increased 293.92% on a yearly basis to 241.499 million yuan in the first half of 2017, according to its semiannual report. Yunnan Luoping Zinc & Electricity Posts 133% Rise in Net Profit in First Half of 2017The article is edited by SMM and is provided for information purpose only. SMM assumes no liability a...Read More

BUZZ-USD/IDR dampened but technical uptrend still in play

March 01, 2018 / www.kitco.com

* USD/IDR opens at 13720 from prev close 13745, but rebounds* Last at 13730, likely to maintain bullish bias in channel* Fri close above 13690 will keep long bets in favour* USD dampened after Trump's tariffs send US yields sliding* Bond buying and global stock selloff cue general risk aversion* USD/EM pairs will struggle against the tide, likely rise later <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^...Read More

Post-Lehman: $250 Trillion in Debt And Counting

September 17, 2018 / news.goldseek.com

By David MorganIn many ways, all the talk about global central banks beginning a great unwind of their extraordinary monetary stimulus is positively quaint. After all, how can officials from the Federal Reserve to the Bank of Japan even pretend to know how to reverse what they've done over the past decade?The Morgan Report's Weekly Perspective is our free e-newsletter. Our free e-newsletter will...Read More

Gold Miners' Q2 2019 Preview

July 22, 2019 / www.miningfeeds.com

The gold miners' stocks continue to rally on balance, after a major upside breakout extended their strong upleg. That's driving mounting interest in this recently-forsaken sector. With the latest quarterly earnings season underway, traders will soon enjoy big fundamental updates from the gold miners. They are likely to report good Q2 results, with improving operational performances supporting furt...Read More

"No" to Yorbeau Resources sale of Rouyn property to Kinross

December 09, 2016 / www.canadianmineanalysis.com

After studying the possible sale of the Rouyn property to Kinross, we do not find it satisfactory. We recognize that we still are in a bear market, particularly for much of the junior mining sector, but we expect that to change soon. Most importantly, we have recently seen juniors that have been bought out/taken over at exceedingly low prices and low valuation levels by larger mining...Read More

BHP Billiton to replace two directors in board shake-up

August 23, 2017 / www.mining.com

Global miner BHP Billiton on Wednesday unveiled a board shakeup that will see controversial director Grant King step down six months after joining the company amid concerns among investors over oil investments.King, a former chief executive of Origin Energy, was once tipped to succeed Jac Nasser as chairman of the world's biggest mining company, but was passed over earlier this year for fellow boa...Read More

Diamond & Specialty Minerals Summary for March 1, 2018

March 02, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Thursday was a poor 66-95-129. The TSX Venture Exchange rose fractionally to 829 while polished diamond prices edged upward. Sheldon Inwentash and Arno Brand's Gratomic Inc. (GRAT), called CKR Ca...Read More

FOCUS: Trump's new tariffs unsettle Chinese minor metals, ferro-alloys markets

September 18, 2018 / www.metalbulletin.com

Fresh concerns about the impact of the escalating US-China trade war have unsettled minor metals and ferro-alloys markets after the United States announced it is imposing new tariffs on $200 billion worth of Chinese goods. The higher import taxes will apply to almost 6,000 items - the biggest round of US tariffs so far. Minor metals and ferro-alloys that appear on the new list of tariffs include:...Read More

Gold's Summer Rally Includes Centerra Gold

July 23, 2019 / seekingalpha.com

HUI Gold Bugs index is up +40% since the end of May.Centerra Gold is a low-cost producer with a strong balance sheet.Risk factors that weighed on the stock are vanishing. August Comex gold (GLD) hit a new high last week at $1,454. Below is a chart of the HUI gold bugs index. The index has crossed the 200-day MA and heading toward a break out that I show with the red line. So far this summer rally...Read More