Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Tuesday November 6, with those of aluminium, nickel and zinc benefiting from President Xi's announcement of plans to add new free trade zones in Shanghai.President Xi said in an opening speech at the Shanghai Import and Export Expo on November 6 that China will keep expanding its importing business and r...Read More
Glencore-owned Katanga Mining will suspend the export and sale of cobalt from its Kamoto Project in the Democratic Republic of Congo (DRC) after finding excessive levels of uranium in the cobalt hydroxide produced there, the company said on Tuesday November 6.Uranium levels exceeded the limit allowed for export through the main African ports, the company said.To date, the volume of production affe...Read More
Some Chinese bismuth producers are likely to cut production on squeezed profit margins, market participants told Fastmarkets, adding that it is hard to forecast the resultant impact on spot prices in the near term. Domestic Chinese bismuth prices have fallen from highs of this year of 71,000-72,000 yuan ($10,303-10,448) per tonne in February and have been mostly under pressure so far in 2018, acco...Read More
buy New SotoShirts https://teespring.com/stores/sotonationclick here to donate for crispy cash https://streamlabs.com/tommysotomayor...click here to see video of me confronting white dudes over my trump hat https://www.youtube.com/watch?v=QqLny...to see the entire show please click here https://www.sotomayorent.com/raecarru...click here to see the full show https://www.sotomayorent.com/10418cal......Read More
buy New SotoShirts https://teespring.com/stores/sotonationclick here to donate for crispy cash https://streamlabs.com/tommysotomayor...click here to see video of me confronting white dudes over my trump hat https://www.youtube.com/watch?v=QqLny...to see the entire show please click here https://www.sotomayorent.com/raecarru...click here to see the full show https://www.sotomayorent.com/10418cal......Read More
European Tour Originals presents the Chase The Ace Hole-In-One Challenge, episode 2. One day. 500 balls. And the aim? A hole-in-one. Sounds simple, right? The odds of an average golfer making an ace are roughly one in 100,000, while stats suggest a European Tour pro's chances are closer to one in 2,500. One year on from Edoardo Molinari's valiant, emotional attempt in Italy and ahead of this week'...Read More
The Golden Triangle (GT) in northwestern British Columbia (Canada) is a tremendous place to explore and make precious & base metal discoveries. It's known for monster high-grade gold deposits, but also hosts silver, copper & other base metals. When one considers the GT, one might think of Pretium Resources' new bonanza-grade gold (Au) mine. Pretium has an Enterprise Value of about C$2.6 B...Read More
Despite gold recovering during October 2018 to now be trading at over US$1,227 an ounce, silver remains weak, trapped at well below US$15 per ounce. This - along with the stagnant outlook for the white metal - is having a sharp impact on primary silver miners. While silver has only lost 15% since the start of 2018, miner First Majestic Silver (TSX:FR)(NYSE:AG) has dropped by over 18%, and there a...Read More
Diversification is an essential element of investing and it is just as important today as it ever was.It means ensuring that we have stocks from different sectors that are not correlated so that we can shelter our portfolios somewhat from the volatility of a given sector.It's all about risk management.It also means investing in sectors even when their outlook isn't great, as far as we can tell. Th...Read More
Canadian investors are searching for top-quality stocks that are recovering after the October pullback and could deliver attractive returns heading into next year.Let's take a look at a global market leader in the TSX Index that might be an interesting pick for your TFSA portfolio.Nutrien (TSX:NTR)(NYSE:NTR)Nutrien continues to work through the process of integrating the assets of Potash Corp. and...Read More
The Golden Triangle (GT) in northwestern British Columbia (Canada) is a tremendous place to explore and make precious & base metal discoveries. It's known for monster high-grade gold deposits, but also hosts silver, copper & other base metals. When one considers the GT, one might think of Pretium Resources' new bonanza-grade gold (Au) mine. Pretium has an Enterprise Value of about C$2.6 B...Read More
"How did you go bankrupt?" Bill asked."Two ways," Mike said. "Gradually and then suddenly."- "A Farewell To Arms" - HemingwayZillow Group stock plunged 24% this morning after reporting Q3 numbers that missed revenue and net income estimates. In addition, the Company revised Q4 lower. ZG is down 52% after hitting hitting an all-time high of $65 in mid-June.Zillow Group is sort of a "derivative" of...Read More
Bob Moriarty ArchivesNov 7, 2018New Carolin Gold is another of those stocks that got hammered between 2011 and 2014 going from $1.85 to a low of $.10. They ran out of money and management bandwidth at the same time while sitting on top of a 36 km strike length gold system near a highway in mining friendly British Columbia. Sigh!!!For most of the last twenty years the majors have been consuming the...Read More
Exploration activities at the Pebble Project in Alaska. Source: Northern Dynasty Minerals Ltd.Northern Dynasty Minerals Ltd. [NDM-TSX; NAK-NYSE] shares rallied Wednesday November 7 after the company released a statement saying Alaska voters have elected a pro-development candidate in the U.S. mid-term elections.The inference is that the election of new Governor, Republican Mike Dunleavy, is good n...Read More
Property map of the BTU Metals Dixie Halo Project, Red Lake area, Ontario. Source: BTU Metals Corp.BTU Metals Corp. [BTU-TSXV] shares were active Wednesday November 7 after the company said it has commenced a drone survey over certain areas of the Dixie Halo Project in the Red Lake, Ontario mining district.BTU is attracting investor attention because Dixie Halo adjoins the northern and eastern bou...Read More
MUNICH - The International Precious Metals & Commodities show will take place this Friday and Saturday in Munich. The conference, which has taken place since 2005, is exclusively dedicated to investments in precious metals and commodities, expecting both institutional and retail investors.Just like the years prior, exciting programs in collaboration with national and international speakers await a...Read More
TORONTO - Shareholders of Randgold Resources Ltd. have voted in favour of a merger with Barrick Gold Corp.Randgold says just over 95 per cent votes cast were in favour of the deal, representing about 70 per cent of outstanding shares.The proposed combination, announced in September, will add gold mine properties in Mali, Senegal, Ivory Coast and the Democratic Republic of Congo to Barrick's portfo...Read More
With the midterms squarely behind us, will we finally start to see crude prices head higher?The immediate answer from the market is a firm yes, as WTI crude is trading slightly higher this morning.The biggest catalyst for higher oil prices should've been the deadline that just passed a few days ago... at least it was until the politics came into play. After President Trump played it tough with Nor...Read More
CloseGain/LossGold $1226.30-$0.10Silver$14.56+$0.04XAU65.59-1.09%HUI145.87-1.33%GDM538.78-0.48%JSE Gold1113.84-23.48USD96.12-0.16Euro114.42+0.26Yen88.27+0.04Oil$61.67-$0.5410-Year3.222%+0.003T-Bond137.25-0.1875Dow26180.30+2.13%Nasdaq7570.75+2.64%S&P2813.89+2.12% The Metals: Gold gained $9.50 to $1235.90 in London, but it then dropped back to as low as $1225.40 in New York...Read More
By Ira EpsteinMetals take a backseat to strong stock market rally today.https://www.iraepstein.com/ Read More