Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More
Industrials retreat from big weekly gains as tariffs loomYen climbs on government land scandal; commodities declineChris Brankin of TD Ameritrade Singapore says "our customers are still bullish."U.S. stocks finished the day lower as uncertainty over the prospect of tariffs undid some of the market’s recent job-driven advances and investors looked forward to Tuesday’s U.S. inflation r...Read More
(Kitco News)- Gold prices have recovered some of their early losses inlate-morning trading Monday. The yellow metal got a slight lift as the U.S.dollar index dropped to its session low and is trading modestly down on theday. Also, the U.S. stock indexes have backed way off their daily highs, whichis also supportive to the gold and silver markets. April gold was last down$4.90 at $1,319.10.By Jim W...Read More
Rubicon's Phoenix Gold Project in northern Ontario. Source: Rubicon Minerals Corp.The Pheonix Gold Project is an underground exploration project located in the district of Red Lake located 265 km northeast of Winnipeg, Manitoba.Rubicon owns 100% of the Phoenix Gold Project which consists of the high-grade F2 gold deposit, more than 9,000 metres of underground development, including a commissioned...Read More
Ontario is helping Thunder Bay area farmers improve their agricultural land, diversify crops and expand their businesses.Bill Mauro, MPP for Thunder Bay-Atikokan, was in Thunder Bay today to announce funding through the Northern Ontario Heritage Fund Corporation (NOHFC) to install tile drainage on 1,390 acres of land and to undertake land clearing on 354 acres, a project led by the Thunder Bay Ag...Read More
Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More
Gold might be range-bound lately but the metalis still holding up due to its safe-haven status, says commodities brokerage SPAngel. Stock-index futures are pointing to a higher open on Wall Street in thewake of Friday’s news that the U.S. economy added 313,000 jobs last month. Butwhile lower, gold has not sold off sharply. “The precious metal still holds itshaven status, remaining pers...Read More
DXI Energy's Woodrush Oil & Gas project in northeastern British Columbia. Source: DXI Energy Inc."We are pleased to report that we are in receipt of licenses and permits required to mobilize a rig to spud the first of several exploration wells intended to demonstrate high potential targets delineated by the third quarter and fourth quarter integration and re-interpretation of multiple 3D surve...Read More
Chinese silicon export prices have been stable due to high raw materials costs and limited output during dry season though market participants are wary of a headwind on low buying interest, while European prices were steady on a hesitant market sentiment.The Chinese grade 553 silicon export price stood at $2,010-2,050 per tonne on Friday March 9, unchanged from one week ago. Since the start of Dec...Read More
Geopolitical uncertainty is helping to support gold prices, but an impending rate hike in less than two weeks could finally take its toll on the market, with some analysts expecting gold prices to test support below $1,300 an ounce in the near-term. The gold market closed its second week in relatively neutral territory, within a narrowing trading range. April gold futures last traded at $1,329 a...Read More
The Turkish steel mills paused their deep-sea scrap purchases on Monday March 12, following the news about the United States applying import duties under Section 232, heard late last week.Market participants were unsure about the future direction of the market after US President Donald Trump used his powers under Section 232 to officially sign the previously announced tariffs on steel and aluminiu...Read More
Wally Schumann, Minister of Industry, Tourism and Investment, Northwest Territories. Photo by Ellsworth DicksonDuring the recent PDAC Conference in Toronto, Resource World Magazine had a chance to interview Wally Schumann, Minister of Industry, Tourism and Investment, as well as Minister of Infrastructure, Northwest Territories.RESOURCE WORLD: With only 44,000 people living in the Northwest Territ...Read More
Gold is Breaking Out Against Currencies Other than the DollarHistorical Volatility of the Ratio is Near a 10-Year LowBollinger Bands Can be Used to Calculate the DistributionWhen you are evaluating the price of gold it's important to understand that the yellow metal is quoted in dollars and therefore the price that you see in the United States is different than prices outside the United States. Su...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Ely Gold Royalties (TSXV: ELY) (OTC Pink: ELYGF) Sells County Line Project to Gold Resource Corporation Vancouver, British Columbia - March 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Ely Gold Royalties Inc. (TSXV: ELY) (OTC Pink: EL...Read More
Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Bolivian Property Offers 'Potential to Be a District Scale Silver Project'Source: Streetwise Reports March 12, 2018 (Investorideas.com Newswire) Important development pieces have come together at the Silver Sand project in Bolivia.New Pacific M...Read More
(Kitco News)- Goldprices are again moderately lower in early U.S. trading Monday. Growing riskappetite in the world marketplace at present is prompting selling pressure inthe safe-haven metals. U.S. and world stock markets have made solid reboundsfrom the sharp losses seen in January and February. April Comex gold futures were last down $6.20 an ounce at $1,317.80. May Comex silver was last down $...Read More
There are things that matter, and there are things that you can control. There are few things that matter and that you can control. Focus on these.For instance, preventing global nuclear war matters. But you cannot control it.You can control what color car you drive. But this doesn’t really matter.But eating healthy matters, and you can control it.The New York Times ran a piece called The Ma...Read More
Demand for imported scrap in Turkey could suffer as a result of the United States applying tariffs on shipments of Turkish steel, a spokeswoman for German steel recycling association BDSV told Metal Bulletin on Monday March 12.Lower demand for Turkish steel in the US under tariffs could lead to a drop in steel production in Turkey and lower scrap demand from the country, the spokeswoman said.Altho...Read More
Comex copper prices came under selling pressure on the morning of Monday March 12 in the United States, with markets awaiting to assess the impact of import tariffs that President Donald Trump will sign into law within the next fortnight.Copper for May settlement on the Comex division of the New York Mercantile Exchange dipped by 0.95 cents or 0.3% to $3.1265 per lb. "While further selling pressur...Read More