Selenium prices in Europe continued to hit fresh highs this week, climbing to their strongest level since January 2015."Selenium doesn't seem to be stopping," a trader said, adding, "India has been buying again and the sentiment is still positive."Metal Bulletin assessed selenium free market in-warehouse prices at $23-25.50 per lb on Wednesday March 29, up 1% from the previous assessment.Selenium...Read More

Base metals prices on the London Metal Exchange are for the most part stronger today, Thursday March 29, with prices up by an average of 0.6%. Nickel leads the advance with a 2% rise to $13,300 per tonne, while copper is up by 1% at $6,732 per tonne.Volume has been high with 12,789 lots traded as of 07.56am London time. This morning's strength builds on recent consolidation, with most of the metal...Read More

The base price assessments for flat and long stainless steel products in Europe remained stable this week amid strong competition between stockholders, sources told Metal Bulletin on Thursday March 29.Metal Bulletin's weekly base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet was ?,?1,050-1,130 ($1,299-1,397) per tonne delivered in Northern Europe on Thursday, unchanged...Read More

China's ferrous futures experienced a third morning of gains on Thursday March 29 after big losses toward the end of last week after both the country and the United States announced fresh tariffs against each other's products.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,260 yuan ($518) per tonne, up 42 yuan per tonne May hot-rolled coil: 3,616 yuan per tonne,...Read More

Persistently low buying interest in East Asia, inventory pressures in China, and falling nickel prices continued to push down the region's stainless steel market over the past week.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed CRC was $2,090-2,180 per tonne cif East Asian ports for the week ended Wednesday March 28, down $70-80 per tonne from a week earlier. Metal B...Read More

The European aluminium secondary market has set a fresh 2018 low for the seventh straight week due to falling London Metal Exchange and scrap prices as well as increased availability. Metal Bulletin's assessment of secondary aluminium 226 diecasting ingot prices fell to ?,?1,760-1,810 ($2,176-2,238) per tonne on Thursday March 29, down from ?,?1,790-1,840 per tonne on March 23. "It is a stran...Read More

Import prices for containerized heavy melting scrap (HMS) in Taiwan fell further this week with re-rollers holding off on purchases due to bearish sentiment in the market.Metal Bulletin's price assessment for Taiwanese imports of HMS 1&2 (80:20) from the United States was $340-345 per tonne cfr on Thursday March 29, down $15 per tonne from a week earlier.Traders in Taiwan said they did not conclud...Read More

John CummingIn this episode we take a journey deep into the jungle of Suriname to talk with some of the people behind Iamgold’s astounding turnaround of its Rosebel gold mine. Once slated to close in 2018, mine life now extends past 2028, with over 14 million oz. gold in resources. Featured interviews by editor-in-chief John Cumming with GM Suresh Kalathil, CFO Gord Stothart and VP of Explor...Read More

Canada's Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, have experienced a dramatic decline in exploration spending during the last ten years, data from Natural Resources Canada (NRCan) shows.According to NRCan most recent numbers, spending in the N.W.T. is expected to decline to $81.3 million this year, down from $90 million in 2017. Exploration spe...Read More

Miners operating in the Democratic Republic of Congo submitted Thursday a new proposal for the government related to the recently passed new mining code, which substantially increases the cost of doing business in the central African nation.The likes of Glencore, Randgold, Zijin, China Molybdenum and Ivanhoe, among others, are suggesting a sliding scale of royalty rates for key commodities instead...Read More

South Africa's Gold Fields (JSE, NYSE: GFI) and Canada's Asanko Gold (TSX: AKG) are teaming up to develop one of Ghana's newest gold mine, the Asanko Gold Mine (AGM), is located in the country's Ashanti Region.As part of the deal, Gold Fields is acquiring a 50% stake in Asanko's local subsidiary, which gives it a 90% ownership in AGM, for a total of $203 million. The Vancouver-based firm is also g...Read More

Mid-tier gold and copper miner Aura Minerals (TSX:ORA) announced that it is working towards reactivating its Aranzazu and S??o Francisco gold projects in Mexico and Brazil, respectively.During a conference call held to announce its consolidated financial statements for the years ended December 31, 2017 and 2016, President and CEO Rodrigo Barbosa said that besides making efforts to bring the mines...Read More

Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More

Chart NotAvailableSymbol DataSymbolCurrencyASX:RTRAUDDescriptionRumble Resources are a junior, project generator looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial03/29/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$15.34M$15.34M03/29/2018$0.00MTotal Assets:$7.30M$7.30M03/29/2018...Read More

Chart NotAvailableSymbol DataSymbolCurrencyASX:NUSAUDDescriptionNusantara Resources are a gold focused junior, late stage development companyLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial03/29/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$31.11M$31.12M03/29/2018$0.00MTotal Assets:$25.35M$25...Read More

Yesterday, Doug Casey and I talked about Venezuela's new government-backed cryptocurrency, the "petro"... and why it has scam written all over it.Continue...Read More

A sell-off in tech equities put downward pressure on global stocks this past week - and the sector's recent woes may not be over.Continue...Read More

Is silver going lower for longer or headed higher? Here's a look at both sides of the debate...by Gary Christenson via SilverSeekSILVER PRICES OPTIMIST:DEMAND: Silver demand increases every year and will push prices higher. Our modern world depends upon electronics, computers, missiles, fighter jets, cruise missiles, technology, communication devices and more. Each new application adds to silve...Read More

It's been an eventful past couple of weeks in the uranium subsector, even if the spot price for uranium oxide has shown little positive response.In the U.S., the Trump administration's Department of Energy (DOE) has suspended sales from its uranium oxide stockpiles for the rest of the government's fiscal year (until Sept. 30, 2018).The Portsmouth gaseous-diffusion uranium enrichment facility in Pi...Read More

Remember LIBOR? The interest rate which soared during the global financial Continue...Read More