Prices for ferrous scrap in the major global markets kept rising over the past seven days despite questions over how the new US import tariffs on steel could affect the scrap markets.Good scrap demand has led to higher prices in the import markets of Turkey, India and Taiwan, while US export prices have stayed stable.Turkey importsTurkish steel mills continued to book scrap at higher prices this w...Read More

The Kennady Diamonds exploration camp, Northwest Territories. Source: Kennady Diamonds Inc.Winter infrastructure is now in place and two core rigs are fully operational with a total of 990 metres of drilling completed to date. Included in these results are two geotechnical holes and three exploration/delineation holes completed on the Faraday 1-3 kimberlite, with all five holes intersecting kimber...Read More

(Reuters) - Chicago Federal Reserve Bank President Charles Evans on Friday said he wanted the U.S. central bank to keep interest-rate increases on hold until after March to allow inflation a chance to rise and even exceed the Fed’s 2-percent target.“My own preference would be to wait a little bit longer,” Evans said in a CNBC interview. “We could go midyear and all of a sud...Read More

The UK inter-merchant price range for austenitic alloy steel scrap has been largely unchanged over the past week while market participants wait for nickel prices to settle, sources said on Friday March 9.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?950-980 ($1,317-1,359) per tonne delivered on Friday, compared with ?950-990 per tonne delivered last...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Terrax (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) Winter Drilling Extends Sam Otto Zone with 1.5 km Step-out Hole, Confirming a 2.2 km Long Mineralized Zone Open Along Strike and at Depth Vancouver, British Columbia - March 9, 2018 (Newsfile Corp...Read More

MGX Minerals project location map. Source: MGX Minerals Inc.The company has filed a technical report which examines the merits of building a conventional quarry pit mine with a processing and furnace/kiln combination to produce a saleable Dead Burn Magnesium oxide (DBM) product along with a caustic-calcined magnesium oxide (CCM) as a separate saleable product."We are extremely pleased with the res...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Miramont Prepares Phase 1 Drill ProgramSource: Bob Moriarty for Streetwise Reports March 9, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold profiles a new company with a project in southern Peru; sampling has shown values of up to 18...Read More

A steady increase in ferrous scrap demand to key destinations such as Turkey and the Indian subcontinent from Europe has pulled up prices for light iron, grade-5C steel scrap in the United Kingdom this week, sources told Metal Bulletin on Friday March 9.The UK light iron scrap market has now moved up for four weeks in a row.Metal Bulletin's price assessment for UK grade-5C ferrous scrap on an inte...Read More

SEOUL/WASHINGTON (Reuters) - For at least two decades, leaders in North Korea have been seeking a personal meeting with an American president.Now, as a summit unexpectedly appears possible, analysts fear U.S. President Donald Trump’s understaffed administration may lack the expertise to successfully turn a political spectacle long sought by Pyongyang into a meaningful opportunity to convince...Read More

Via Sovereignman.comOn April 15, 1185, over eight centuries ago, a powerful earthquake struck the East Midlands region of England near the town of Lincoln.Modern scientists estimate the magnitude of the earthquake at 5.0 on today's Richter scale... which was a pretty big deal back then.Medieval England didn't have any earthquake-proof construction methods, and much of the region was leveled to the...Read More

Victoria Gold's Eagle Gold Project camp in the Yukon Territory. Source: Victoria Gold Corp.Victoria said it has signed agreements with Orion Mine Finance, Osisko Gold Royalties Ltd. [OR-TSX, NYSE], and Caterpillar Financial Services Ltd. in relation to the financing package.Under the agreement, Osisko Gold Royalties has signed a term sheet with Victoria Gold to acquire a 5% net smelter return roya...Read More

Comex copper prices rebounded in morning trading on Friday March 8 in the United States after the publication of a jobs report that exceeded expectations.Copper for May settlement on the Comex division of the New York Mercantile Exchange recovered 3.4 cents or 1.1% to trade recently at $3.1130 per lb. Yesterday, the contract slid to the lowest point since February 12.This morning, the US non-farm...Read More

ROME (Reuters) - Long divided along economic lines, Italy is now also politically cleft after Sunday’s elections, with the anti-elite 5-Star Movement triumphing in the underdeveloped south and the right predominating in the wealthy north.Whoever ends up governing the country after the inconclusive March 4 ballot will not be able to ignore the gaping chasm, but will face deeply conflicting de...Read More

The Lithium X Arizaro Project in the Lithium Triangle, Argentina. Source: Lithium X Energy Corp.On December 18, 2017, it was revealed that Nextview is moving to acquire the raw material needed to produce batteries for electric vehicles by scooping up Lithium X Energy in an all-cash deal worth $265 million or $2.61 a share.The deal underscores the high degree of investor interest in lithium, which...Read More

This week, the Department of Defense sent out an interesting Tweet where they openly admitted that they control how the US government is portrayed in Hollywood films.While this is a fact that has been documented for many years, it is still largely overlooked by mainstream media sources, who insist that this idea is nothing more than a conspiracy theory. In the post, it was plainly admitted that th...Read More

Base metals traded on the London Metal Exchange are for the most part weaker this morning, Friday March 9. The exception is nickel, where prices are up by 0.2%, while the rest are lower: Zinc (-1%), tin (-0.9%), aluminium (-0.5%), lead (-0.3%) and copper prices are off by 0.5% at $6,792 per tonne.Volume has been high with 13,023 lots traded as of 07.10am London time - high volume and weak prices d...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

 CloseGain/LossOn WeekGold $1323.50+$1.40+0.12%Silver$16.58+$0.10+0.42%XAU78.90-0.09%+0.19%HUI172.92-0.36%-0.04%GDM603.40-0.33%+0.24%JSE Gold1126.62+6.28+1.72%USD90.13UNCH+0.21%Euro123.08-0.07-0.16%Yen93.69-0.46-1.02%Oil$62.04+$1.92+1.29%10-Year2.897%+0.037+1.29%Bond144.0625-0.53125-0.17%Dow25335.74+1.77%+3.25%Nasdaq7560.81+1.79%+4.17%S&P2786.57+1.74%+3.54%  The Metals: Gol...Read More

By Ira EpsteinWill metals have to fight new highs in stock indices?https://www.iraepstein.com/ Read More

BRUSSELS (Reuters) - The European Union expects to be excluded from U.S. steel and aluminum tariffs but will go to the World Trade Organization to impose its own measures if Washington presses ahead, EU officials said on Friday.U.S. President Donald Trump set import tariffs on Thursday of 25 percent on steel and 10 percent on aluminum but exempted Canada and Mexico and offered the possibility of e...Read More