Mr. Nav Dhaliwal reportsBONTERRA RESOURCES NOW TRADES ON OTCQX RECEIVING FULL DTC ELIGIBILITYOn March 16 Bonterra Resources Inc.'s common shares will be trading in the United States on the OTCQX International, the highest tier of the OTC market, under the symbol BONXF. Bonterra's common shares continue to trade on the TSX Venture Exchange under the symbol BTR."Bonterra's expansion into the U.S. se...Read More
(Kitco News)- After months of speculation, thebig show is almost here and for gold investors, this could be the metal’s bestshot to break out of its current range, according to some analysts.In fact, this is probably themost straight-forward weekly outlook a financial journalist could write becausethe only thing investors are watching next week is the Federal Reserve’smonetary policy m...Read More
Ms. Molly Campbell of Resource Capital reportsRESOURCE CAPITAL FUND VI L.P. ANNOUNCES DISPOSITION OF WARRANTS IN VENDETTA MININGOn March 15, 2018, Resource Capital Fund VI LP sold an aggregate of 5.35 million warrants of Vendetta Mining Corp. exercisable for 5.35 million common shares of the company, representing approximately 4.1 per cent of the issued and outstanding common shares assuming exerc...Read More
Redfin's Nela Richardson Says Housing Starts Are DisappointingU.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter, government figures showed Friday.Highlights of Housing Starts (February)Residential starts fell 7% to a 1.24m annualized rate (est. 1.29m)...Read More
Mr. Brian Ostroff reportsARIANNE PHOSPHATE RECEIVES AN INVESTMENT FROM THE GOVERNMENT OF QUEBEC FOR ITS LAC APAUL PROJECTArianne Phosphate Inc. has received an investment from the government of Quebec by way of private placement of $1,407,000 into the common shares of Arianne. "By making this investment, the government of Quebec is helping to pave the way forward for this important project," said...Read More
(Kitco News) - Thereis little conviction in the gold market as Wall Street and Main Street aresplit on the near-term direction of prices, based on the weekly Kitco News goldsurvey.Thiscomes after both leaned bearish in the last survey and are right so far in thecurrent week. Next week brings a highly anticipated news event - a meeting ofthe U.S. Federal Open Market Committee, which is widely expec...Read More
The first quarter of 2018 saw volatility roar back into themarketplace creating massive uncertainty across all financial assets.Equity markets have fallen from their record highs asbitcoin has lost more than 50% of its value.It is time to hear from main street retail investors.Where are you putting your investment dollars for the rest of the year? What investment has the mostpotential in 2018 and...Read More
The numbers: The National Association of Home Builders' monthly confidence gauge ticked down one point to a reading of 70 in March, the group said Thursday. What happened: After touching the highest since 1999 in December, the closely-watched sentiment tracker from the home builder lobby group fell for the third straight month in March. February's reading was revised down one tick, to 71. Econ...Read More
The IAEA has released its annual edition of the Country Nuclear Power Profiles (CNPP), documenting the status and development of nuclear power programmes worldwide as of the end of 2017.The publication summarizes organizational and industrial aspects of nuclear power programmes, including information about relevant legislative, regulatory and international framework, in 50 countries, including 30...Read More
When I firstdiscovered the mining space over fifteen years ago, I became mesmerized by theextreme volatility of the junior miners. After the meteoric rise of the Nasdaqinto the turn of the century had ended, the junior resource penny stocks becameexciting again and lured many momentum junkies into its lair. This high-risk,high-reward sector has been accused in the past of driving investors complet...Read More
Tokyo Electric Power Company Holdings Inc. and other major utilities will start talks this spring on jointly building and operating a nuclear power plant in northeastern Japan, sources close to the matter said Friday.The plan involves Tepco’s Higashidori nuclear power plant in Aomori Prefecture, the construction of which was suspended following meltdowns at the firm’s Fukushima No. 1 p...Read More
Zinc was the only base metal on the London Metal Exchange to close in positive territory on Friday March 16, while the majority of the market lacked significant drivers to push higher.The three-month zinc price closed $25 per tonne higher on support from a 15,425 tonne cancellation in New Orleans today. Aluminium's three-month price was unchanged at $2,085 per tonne while the market continues to s...Read More
Investors often wonder what thebest precious-metal play is and which one will perform better over time. Themost popular is gold for any number of reasons. The jewelry is prettier, theprice is higher or simply we have been trained that gold is just better.From a pure numbers standpoint,the case should be made for silver as the best precious metal. The gold/silver ratio was designed at 15-1 but has...Read More
(Reuters) - The S&P and Dow Industrials rose on Friday as strong U.S. industrial output numbers boosted stocks across sectors, though equities were on track for overall losses this week.February industrial production jumped 1.1 percent, the largest increase in four months.Energy .SPNY led the major sectors of the S&P 500 with a 0.9 percent gain, as oil prices rose by more than a dollar.&ld...Read More
Comex copper prices fell again in morning trading on Friday March 16, with a stronger dollar and lack of marker activity combining to weigh on the metal.Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 1.65 cents or 0.5% to $3.1110 per lb recently. The contract has been varied this week, swinging between positive and negative closes.Trade is expected to be.....Read More
NEW YORK (Reuters) - Oil prices rallied on Friday afternoon ahead of a much-anticipated television interview with Saudi Arabia’s crown prince, while Wall Street rose on strong economic data as U.S. stocks tried to end a rocky week on a high note.Crude prices had been on track for a weekly loss, but spiked on Friday, putting oil in position for a gain on the week.Energy investors were looking...Read More
Copper concentrate treatment charges and refining charges (TCs/RCs) have shown little variation over the past two weeks despite an explosion in the numbers of direct trades while the market settled on second-quarter pricing.Smelters in China and elsewhere returned to the spot market for large tonnages, lowering their bids from more than $80 per tonne/$0.08 per lb to settle deals in the mid-$70/$0....Read More
Cobalt hit a fresh 10-year high on Thursday as the Democratic Republic of Congo government continued to make noises about deeming the battery raw material 'strategic'.Staff reporterChina Moly and its Tenke Fungurume copper-cobalt mine is one of the mine's likely to be hit by the DRC mining code changesChina Moly16 MARCH 201816/03/2018commentsshareThe LME cash price rose to US$87,250 per tonne...Read More
Adam HamiltonArchivesMar 16, 2018 The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners' recently-released Q4'17 results prove they are thriving. Their languishing...Read More
Mar 15, 2018 Guest(s): Vince Lanci Gold prices appear to be struggling Thursday in part because the metal is seeing little compassion from the White House's new national economic advisor, Larry Kudlow.Kudlow came out saying that that he supports a strong U.S. dollar policy noting, "I would buy King Dollar and I would sell gold." "I'm not saying the dollar has to go up 30%, I'm just saying let t...Read More