Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comApr 10, 2018The main drivers of global stock, bond, and gold markets are interest rates and demographics. Unfortunately, most investors focus on items that get a lot of media attention but are almost irrelevant to price discovery in the markets.Pleaseclick here now. I’ve predicted t...Read More
The European ferro-vanadium market retreated last week while traders sold cheaper in order to take profits amid quieting spot demand. European ferro-vanadium market slides while traders take profits European V2O5 prices strengthen on lack of availability US ferro-vanadium market flat lines with market falling dormantSpot prices for European ferro-vanadium slipped to $69-72 per kg on April 6, deliv...Read More
The U.K. refuses to release for independent examination any of the evidence that would link the Skirpal poisoning to Russia. As such, we can only assume that Russia was meant to be the scapegoat. Same deal with the chemical attack in Syria. There's a complete lack of evidence that would connect the incident to any specific perpetrator. But the U.S. seems satisfied that a case built on no...Read More
Alumina prices have continued to accelerate so far this week, underpinned by tightness caused by disrupted production at Hydro's Alunorte alumina refinery. Metal Bulletin's daily fob Australia alumina index was calculated at $476.39 per tonne on Tuesday April 10, up $24.67 or 5.5% compared with the previous day's assessment. "The market is tight, and only getting tighter by the day. You can e...Read More
Young Poong's 300,000-tonne-per-year Seokpo zinc smelter will begin an enforced 20-day shutdown on June 11 after the Korean Environmental Agency found the company guilty of multiple environmental transgressions, local media including Yonhap News reported. Seokpo smelter, which is located in a national park, released waste water into the local environment with fluoride and selenium levels above the...Read More
As mentioned before, we were (and still are) expecting a steady news flow from Bonterra Resources (BTR.V) as it's advancing its 70,000 meter drill program at the Gladiator gold deposit in Qu?(C)bec. The past few holes didn't contain anything unusual as they confirmed the continuity and consistency of the gold veins, but in hole 9, Bonterra appears to have discovered a sixth parallel gold zone as i...Read More
The European ferro-vanadium market retreated last week while traders sold cheaper in order to take profits amid quieting spot demand. European ferro-vanadium market slides while traders take profits European V2O5 prices strengthen on lack of availability US ferro-vanadium market flat lines with market falling dormantSpot prices for European ferro-vanadium slipped to $69-72 per kg on April 6, deliv...Read More
The Kerr Mines Copperstone Mine in western Arizona. Source: Kerr Mines Inc.Kerr Mines Inc. [KER-TSX, KERMF-OTC, 7AZ1-FRA] on Tuesday April 10 announced the results of an independent Pre-Feasibility Study and resource update for its past-producing Copperstone Mine in Arizona. The resource update is in compliance with NI 43-101 standards of disclosure."On the momentum of a very successful 2017 Phase...Read More
A severe shortage of chromium, along with firm downstream demand, has caused prices of the metal to hit their highest level in almost seven years. Metal Bulletin's weekly price assessment for in-warehouse chromium soared 25% to $13,250-13,995 per tonne on Friday April 6, from $10,500-11,300 per tonne the week before. The price was last seen at $13,000-14,000 per tonne in June 2011. "It is a p...Read More
Roxgold Inc. (TSX:ROXG), a junior gold miner, glistered after announcing record first-quarter 2018 production from its Yaramoko Gold mineSean Mason | April 10, 2018 | SmallCapPowerShares of a junior gold miner gained ground Tuesday following record Q1 production. Here's some small stocks making big moves on Tuesday, April 10, 2018 (as of 4 pm EST):Roxgold Inc. (TSX:ROXG) shares rose 4% to $1.07...Read More
Martin Vydra will retire from Canada-based nickel and cobalt producer Sherritt International at the end of April, Metal Bulletin understands. Vydra, who is senior vice-president, commercial & technologies, has held a wide range of senior roles at Sherritt during the 31 years he has spent...Read More
Drilling the Eastside Propject in Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin out company comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX] has emerged on the buy list at Beacon Securities Ltd., which has set a 12 month-target of around 90 cents for the stock.Allegiant shares rose 1.20% or $0.005 to 42 cents on Tuesd...Read More
The Canadian nickel stocks on our list have averaged 16% YTD returnsSmallCapPower | April 10, 2018: Battery metals have seen a correction after their rally earlier this year, with almost none of the lithium and cobalt companies we track seeing positive YTD returns. Lithium prices are currently US$126,000/t, down 20% YTD, and although cobalt prices are currently up, US$41.50/lb and up 20% YTD, many...Read More
Prophecy team and its partners on top of Gibellini March 2018While vanadium has been used to strengthen steel for decades, recently it has gained importance in the energy metals sector. The development of vanadium redox flow batteries is set to play a key role in storing electric power on a grid scale, thus solving the problem of storing power from intermittent sources such as wind turbines and so...Read More
Turkish steel producers remained quiet in the scrap markets on Tuesday April 10, amid a sharp weakening of the Turkish lira against the US dollar and uncertainty in the finished steel export markets.Turkish steel mills booked a number of deep-sea cargoes for April and May last week before stepping back from the deep-sea markets at the end of the week.Market participants were expecting Turkish mill...Read More
Enbridge Inc.'s (TSX:ENB) stock price slide has made its dividend yield (currently at 6.7%) amongst the highest in its peer groupSmallCapPower | April 10, 2018: Enbridge Inc. (TSX:ENB) (NYSE:ENB) is one of North America's largest energy infrastructure providers, transporting 28% of the crude oil produced in North America and 23% of all natural gas consumed in the United States. Enbridge is Canada...Read More
Most people are idiots. The majority of people will buy high and sell low. When something is hot, everybody wants it. When it is on sale, you can't get a bid. That's the nature of markets.When I first recommended Bitcoin to my Bubble and Bust Report readers in May of 2016, few people had heard about it, and fewer still were inclined to invest. And yet when I said to sell it in January of 2018 for...Read More
Vancouver, British Columbia - April 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Pacific Empire Minerals Corp. (TSXV: PEMC) ("PEMC" or the "Company"), a hybrid prospect generator focused in British Columbia, is pleased to announce that partner-funded diamond drilling has recommenced on the Stars copper property (the "Property" or "Stars") in central British Columbia."Having multiple ongo...Read More
The transgender movement blurs the line between two words: gender and sex.I am willing to surrender the word gender. The new definition of gender is that it is not a scientific term, but rather a cultural identifier of traits typically related to biological sex. So a biological male who feels like he fits the role society views as female could change his gender because gender is a social construct...Read More
Comex copper prices surged to close to a one-month high in the US morning on Tuesday April 10, with the dollar retreating and the complex becoming more optimistic due to fundamental demand trends. Copper for May settlement on the Comex division of the New York Mercantile Exchange rose 5.15 cents or 1.7% to $3.1285 per lb. Earlier, the price touched $3.1280 per lb, the highest since March 15. "Whil...Read More