The Iran issue after Israel accused Iran of hiding nuclear weapons prevented gold and silver from a big crash. Any increase in Iranian risk will result in crude oil prices galloping to $90 by next month. Gold will also follow the crude oil trajectory as an inflation hedge. The pace of rise of gold will lag crude oil. But I am sure gold will rise. Gold could trade in a $1237-$1430 wider range in...Read More
(Kitco News) - Nothing threatens gold’s status as a traditional safe-haven investment, not even bitcoin, but holding the yellow metal in the current financial environment is “uneconomic,” said Coutts Investments.“Gold is … a hedge against both equity market volatility and inflation. While inflation and volatility are rising we believe that the prospect for risk asset...Read More
The Rosh Pinah zinc mine in Namibian, Africa. Source: Trevali Mining Corp.Trevali Mining Corp. [TV-TSX, Lima; TREVF-OTCQX, 4T1-FSE] said Tuesday May 1 its majority-owned Rosh Pinah Zinc Corp. (Proprietary) Ltd. (RPZC) in Namibia will, subject to receipt of Companies Registration Office and Registrar approval, undertake a partial share buyback of issued RPZC shares under agreements with Namibian sh...Read More
BEVERLY HILLS, Calif (Reuters) - The following are highlights from this week’s Milken Institute Global Conference in Beverly Hills:CHRISTOPHER GIANCARLO, CHAIRMAN OF UNITED STATES COMMODITY FUTURES TRADING COMMISSION, ON BITCOIN:“We need to take a moment and respect this generation’s interest in this new instrument (bitcoin). Not with derision, but with a little bit of attention...Read More
Advanced Proteome Therapeutics Corporation (TSXV:APC), a biotech stock, moved up after announcing test results on its leading antibody-drug conjugate candidateSean Mason | May 1, 2018 | SmallCapPowerFurther validation for a cancer drug candidate sparked speculation in a biotech stock Tuesday. Here's some small stocks making big moves on Tuesday, May 1, 2018 (as of 4 pm EST):Advanced Proteome...Read More
Spot treatment and refining charges (TC/RC) for copper concentrates firmed moderately in the last two weeks of April, with the market continuing to weigh strong, short-term market availability against potential major disruptions in the coming months.Metal Bulletin's copper concentrates TC/RC index ticked higher for the second consecutive fortnight to $68.10 per tonne/6.81 cents per lb on April 30,...Read More
A newly discovered mineralized zone on Cobalt Power's Smith Project in the Cobalt Mining Camp, northeast Ontario. Source: Cobalt Power Group Inc.Cobalt Power Group Inc. [COP-TSXV, CBBWF-OTC] shares were active Tuesday May 1 after the company said it had agreed to acquire Western Cobalt Corp., a private mineral exploration company that holds nine strategically located mineral claims in the eastern...Read More
Canopy Growth Corporation (TSX:WEED) announced that it will make an investment in Australia's State of VictoriaSmallCapPower | May 1, 2018: Canopy Growth Corporation (TSX:WEED) Wednesday announced that it has launched Spectrum Cannabis Australia, the newest member of Canopy Growth family, in collaboration with the Victoria State Government in Australia. Over the next four years, Canopy Growth will...Read More
Location map for the Clayton Valley Lithium Project, NevadaHighlights:Total indicated mineral resource of 597 million tonnes at an average grade of 899 ppm (0.09%) Li, which equates to a contained 857 million tonnes of lithium carbonate equivalent (LCE).Total inferred mineral resource of 779 million tonnes at an average grade of 888 ppm (0.089%) Li, which equates to a contained 683 million tonnes...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday criticized U.S. media reports that U.S. Special Counsel Robert Mueller has compiled a list of more than 40 questions to ask the president as part of his probe into Russia’s election meddling.Mueller’s list of at least four dozen questions include ones on Trump’s ties to Russia and others to determine whether the presid...Read More
In what could definitely be described as a surprising update, Amerisur Resources (AMER.L) confessed its total oil reserves actually decreased compared to the previous year. Whilst companies are usually able to grow their reserves even after taking the depletion into consideration, Amerisur's lower reserves are definitely a disappointment.On a 1P basis, the total reserves decreased from 15.11 milli...Read More
The Canadian stocks on our list with operations in South Korea and Japan could thrive from economic cooperation with North KoreaSmallCapPower | May 1, 2018: South Korea and North Korea have signed a declaration committing to denuclearize the Koreas and agreed to formally end the Korean War after 65 years. While it remains to be seen what the final agreement will look like, the move represents a si...Read More
Metal Bulletin has reviewed its benchmark cobalt prices to ensure they are relevant and fit for application in a rapidly evolving market. Metal Bulletin is hosting a free web seminar on Tuesday May 8 at 9am London time to summarize the findings from its recent industry-wide consultation into its cobalt prices, and changes that will be implemented from January 2019. Date: Tuesday May 8, 2018 Time:...Read More
It's been one hell of a ride!We took early positions in some of the biggest cannabis stocks on the planet - before they became the biggest cannabis stocks on the planet.I'm talking about stocks such as:OrganiGram Holdings (TSX-V: OGI), which has since delivered gains in excess of 890%.Aphria, Inc. (TSX: APH), which has since delivered gains in excess of 784%.Canopy Growth Corporation (TSX: WEED),...Read More
* Dollar hits 3-1/2-month peak ahead of Fed * Platinum slides to lowest since mid-December * GRAPHIC-2018 asset returns: (Recasts; updates headline, prices; adds comment, byline, NEWYORK to dateline)By Renita D. Young and Jan HarveyNEW YORK/LONDON, May 1 (Reuters) - Gold slid to a four-monthlow on Tuesday as the dollar strengthened ahead of a U.S.Federal Reserve policy meeting that is being watche...Read More
Greenback extends rally as currencies across Europe crumbleTech shares resist downward trend; 10-year yields push higherKevin Giddis of Raymond James, Keith Parker of UBS and Neil Dwane at Allianz Global discuss the yield curve.U.S. stocks closed mixed, with Apple Inc. leading a late afternoon rally in tech shares that helped offset a drop in industrials sparked by weak production data. The dollar...Read More
May 1, 2018 (Investorideas.com Newswire) The common shares of M.P.V. Explorations Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the listing date.M.P.V. Explorations Inc. (MPV) is a mineral exploration company focused on base metals projects in the Chibougamau region of Northern Quebec. Its main asset is the Umex project whic...Read More
Manganese ore and alloy prices have continued to slide in China due to deteriorating downstream demand, while prices also weakened in Europe and held in the United States. Ore prices drop almost 5% in China Lower silico-manganese tenders squeeze smelter margins Indian alloy prices track ore lower European alloy prices weaken as prompt demand dries up US contract negotiation...Read More
"Big Brother does not watch us, by his choice. We watch him, by ours. There is no need for wardens or gates or Ministries of Truth. When a population becomes distracted by trivia, when cultural life is redefined as a perpetual round of entertainments, when serious public conversation becomes a form of baby-talk, when, in short, a people become an audience and their public business a vaudeville act...Read More
Toronto, Ontario - May 1, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Golden Share Resources Corporation ("Golden Share" or the "Company", TSX-V: GSH) is pleased to provide updates on its exploration business.As a junior mineral exploration company, Golden Share has been advancing its Ontario based mineral assets and investigating new exploration opportunities while also making significant...Read More