Analyst Andrew Kaip with BMO Capital Markets provided an update on what transpired during the period in which his firm was prohibited from writing about this miner.Read full newsRead More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index dipped to start the week, pulling back to its lower Bollinger band at 1230.48 before bouncing and getting further spring off its 200-day moving average near 1238. The Index then shot as high as 1266.54 before into week's end. By then, it held a gain of 1.57 points, fi...Read More

SHANGHAI, Apr 8 (SMM) – A listed lithium smelter in south-west China's Sichuan province shut down its production for maintenance at the end of March, sources told SMM. This is likely to affect 800 mt of lithium carbonate supply and may offer some support for the decreasing prices, according to SMM’s calculation For editorial queries, please contact Daisy Ts...Read More

Prices in the global billet market continued to trend downward in the week ended Friday April 6, spurred by a continuing decline in Chinese export billet prices as well as a recent sharp drop in import scrap prices in Turkey.Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) closed on Friday at $348.78 per tonne cfr, down by $18.27 per tonne week-on week, while the daily index for...Read More

Investing.com - Gold prices may continue to be underpinned by safe haven demand and a softer dollar in the coming week after rising on Friday amid renewed fears over trade tensions between the U.S. and China and after a weaker than expected U.S. jobs report.Metals traders will be watching developments relating to trade policy as tensions between the world’s two largest economies continue to...Read More

Prices in the global billet market continued to trend downward in the week ended Friday April 6, spurred by a continuing decline in Chinese export billet prices as well as a recent sharp drop in import scrap prices in Turkey.Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) closed on Friday at $348.78 per tonne cfr, down by $18.27 per tonne week-on week, while the daily index for...Read More

Gold stocks have been terrible investments over the last two years, even as gold prices have increased 9%. But they are looking more and more attractive as a safe haven, as geopolitical and stock market risks seem to be intensifying.So, if you are one of those investors searching of a safe haven, let's take a look at two gold stocks that are attractive buys at this time. The right one for you will...Read More

Silver has been dead money over the past year or so, relentlessly grinding sideways to lower. That weak price action has naturally left this classic alternative investment deeply out of favor. Silver is extremely undervalued relative to gold, while speculators' silver-futures positions are extraordinarily bearish. All this has created the perfect breeding ground to birth a major new silver b...Read More

When it comes to your TFSA, you should own high-quality blue-chip stocks that will allow you to unlock the true power of tax-free compounding over the long haul. Keep your speculative stocks out of your TFSA, because should such holdings sour in a hurry and you hit the sell button, you won't be able to use the capital losses to your advantage come tax time. Not to mention the fact that you'd also...Read More

Readers know that I have beaten this drum all too often. Gold's major fundamental driver is declining or negative real rates. There is a strong inverse correlation because Gold is money. That's what JP Morgan said and he's far more qualified to understand than quotable celebrities like Mark Cuban. But I digress.When real rates are increasing or strongly positive (during most of the 1980s and 1990s...Read More

Silver has been dead money over the past year or so, relentlessly grinding sideways to lower. That weak price action has naturally left this classic alternative investment deeply out of favor. Silver is extremely undervalued relative to gold, while speculators' silver-futures positions are extraordinarily bearish. All this has created the perfect breeding ground to birth a major new silver b...Read More

Readers know that I have beaten this drum all too often. Gold's major fundamental driver is declining or negative real rates. There is a strong inverse correlation because Gold is money. That's what JP Morgan said and he's far more qualified to understand than quotable celebrities like Mark Cuban. But I digress.When real rates are increasing or strongly positive (during most of the 1980s and 1990s...Read More

Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Monday April 9, with only lead and zinc bucking the trend.Aluminium's three-month price climbed the most, increasing 4.2% to close at $2,139 per tonne, the highest since March 6. The price has soared since the Friday April 6 announcement that the US had sanctioned and frozen the assets of Oleg Deripaska a...Read More

Volume traded on the London Metal Exchange has rocketed since the United States Treasury sanctioned and froze the assets of Oleg Deripaska and UC Rusal. The US sanctioned and frozen the assets that are subject to US jurisdiction on Friday April 6, prompting bullish sentiment and expectations of tightness in the US aluminium market. Some 29,823 lots of aluminium had traded on the LME as of 3pm Lond...Read More

The Asian aluminium market is considering the impact on aluminium premiums after the US sanctioned and froze the assets of Oleg Deripaska and UC Rusal, with responses mixed among Asian industry participants so far.The US' announcement last Friday has prompted bullish sentiment and expectations of tightness in the US aluminium market, but reactions from Asia on the impact on its domestic aluminium...Read More

There's been an abundance of commentary on the net long position of the "Swap Dealers" in Comex silver futures per the COT report. As of the latest COT report, the Swap Dealers are net long almost 22k silver contracts. This is unprecedented. At the same time, the "Large Speculators," the majority of which is comprised of the "managed money" (hedge funds) sub-component, are net short nearly 1...Read More

European ferro-silicon prices moved down last week under pressure from low demand while prices in the United States continued on a downward trend.Metal Bulletin assessed the price of Europe-origin ferro-silicon, lumpy, basis 75% Si, at ?,?1,550-1,650 ($1,903-2,026) per tonne on Friday April 6, down by 4.5% from the previous assessment.Spot market activity slowed last week, with some market partici...Read More

Gold output from Centamin's (LN:CEY) Sukari gold mine in Egypt rose year-on-year in the March quarter, although missed targets.The openpit of Centamin's Sukari' mine in Egypt09 APRIL 201809/04/2018commentsshare It produced 124,296 ounces of gold during the January-March period, up 14% year-on-year, with the full-year guidance for 2018 kept at 580,000oz.Read More

Caledonia Mining (CN:CAL) has maintained its full-year production guidance for 2018, after fulfilling output expectations from its 49%-owned Blanket mine in Zimbabwe during the March quarter.The sinking of Blanket's central shaft is continuing according to plan09 APRIL 201809/04/2018commentsshare The miner produced 12,924 ounces of gold during the January-March period, up a marginal 1% year-on-yea...Read More

Spot gold prices have climbed more than US$11 an ounce from Friday's low of $1,321.82 as US-China trade tensions continue to dominate.Staff reporterRandgold was among the market risers09 APRIL 201809/04/2018commentsshareGold stocks have fared well among the fluctuations, with Torex Gold Resources (CN:TXG) the standout on Friday in Toronto, rising more than 51% as it regained full access to its Mex...Read More