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ASIAN MORNING BRIEF 15/03: Copper bucks trend with shift upward on LME; Teck slashes lead TCs in annual contract deals, sources say; strike at First Quantum's Cobre Panama mine could hit output

March 15, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Thursday March 15.Base metals prices on the London Metal Exchange were on divergent paths at the close on Wednesday March 14, with copper driving higher while the rest of the complex retreated. Read more here in our live futures report.Here are how LME prices looked at Wednesday's close:Metal Bulletin has learned that Teck Resources ha...Read More

Diamond & Specialty Minerals Summary for March 14, 2018

March 15, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a disappointing 66-85-139. The TSX Venture Exchange fell one point to 827 while polished diamond prices fell 0.1 per cent. Toby Mayo's Far Resources Ltd. (FAT) jumped five cents to...Read More

Energy Summary for March 14, 2018

March 15, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for April delivery gained 25 cents to $60.96 on the New York Merc, while Brent for May gained 25 cents to $64.89 (all figures in this para U.S.). Western Canadian Select traded at a discount of $25.55 to...Read More

Gold Summary for March 14, 2018

March 15, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold lost $1.70 to $1,324.20 on Wednesday. The TSX Venture Exchange lost 1.77 points to 827.28 while the TSX Gold Index added 0.30 point to 184.15. Klondex Mines Ltd. (KDX) helped lead Canadian gold miners higher today, a...Read More

Shell Summary for March 14, 2018

March 15, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 1.77 points to 827.28 Wednesday. Paul Kelly's halted Corporate Catalyst Acquisition Inc. (CII: $0.20) is planning to acquire Anthony Lacavera's Globalive Technology Partners Inc. as its qualifying transact...Read More

Canadian miner allowed to extract and export Chilean lithium

March 15, 2018 / www.mining.com

Minera Salar Blanco, a joint venture that operates the Maricunga project together with Vancouver-based Bearing Lithium (TSXV:BRZ), has just received authorization from the Chilean Nuclear Commission to extract, produce and market lithium products from the Maricunga salar.According to a corporate press release, the authorization is for an extraction quota of 88,885 metric tonnes of metallic lithium...Read More

Peter Epstein, CFA: Centenera Mining, Eagerly Awaited Near-Term Copper Drill Result

March 15, 2018 / www.miningfeeds.com

I recently returned from a hectic trip to Toronto for an annual mining industry investment conference known as PDAC. I met with 28 companies and spoke to dozens of investors. I expected to talk a lot about Lithium & Cobalt- how the sell-off in those sectors could be close to over, how demand forecasts keep rising in the face of uncertain long-term supply, etc.Although there were plenty of...Read More

Why Precious Metals Should Remain in Your Portfolio

March 15, 2018 / www.fool.ca

Have you invested in Bitcoin, Ethereum, Litecoin, or any of the other hundreds of cryptocurrencies that have exploded into the market in recent years?As great as the perceived profits from cryptocurrencies are, the problem with these emerging investment types is that they are extremely volatile; thus, they can drop just as significantly as they appreciate. Bitcoin investors saw as the price of a B...Read More

Don’t Underestimate This Miner’s Growth Potential

March 15, 2018 / www.fool.ca

Cameco Corp. (TSX:CCO)(NYSE:CCJ) if often referred to as a long-term investment option with significant potential. That view is based on the premise that the uranium market will eventually make a recovery and propel Cameco back towards profitability.That view has come under scrutiny in recent months, as concerns about Cameco's existing long-term contract book winding down and the state of the uran...Read More

Peter Epstein, CFA: Centenera Mining, Eagerly Awaited Near-Term Copper Drill Result

March 15, 2018 / www.miningfeeds.com

I recently returned from a hectic trip to Toronto for an annual mining industry investment conference known as PDAC. I met with 28 companies and spoke to dozens of investors. I expected to talk a lot about Lithium & Cobalt- how the sell-off in those sectors could be close to over, how demand forecasts keep rising in the face of uncertain long-term supply, etc.Although there were plenty of...Read More

IAEA director general in Pakistan: nuclear power and SDGs highlighted

March 15, 2018 / tinyurl.com

IAEA Director General Yukiya Amano commended efforts by Pakistan to increase nuclear safety and security as the country works to triple its nuclear power capacity. Mr Amano was also briefed on the use of nuclear technology in health care and agriculture. Mr Amano was in Pakistan on 12-14 March.In Karachi, at the site of the KANUPP nuclear power plant, Mr Amano observed work on the construction of...Read More

LIVE FUTURES REPORT 15/03: LME zinc, lead buck the trend to close higher; copper under pressure

March 15, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were mostly lower at the close on Thursday March 15, apart from zinc and lead.A stronger dollar and a hesitant market saw copper and nickel both fall significantly, with the three-month copper price closing $68.50 per tonne lower. The red metal is finding it hard to push back and stabilize above $7,000 per tonne and has undone all of Wednesday's gain...Read More

Amano commends Pakistan nuclear safety and security

March 15, 2018 / tinyurl.com

Pakistan is ready to strengthen its relationship with the International Atomic Energy Agency (IAEA), the country's prime minister, Shahid Khaqan Abbasi, told IAEA Director General Yukiya Amano this week. Amano commended Pakistan's efforts to increase nuclear safety and security. Prime Minister Abbasi, on the right, receives Yukiya Amano on 12 March (Image: PMO)According to the Prime Minister's Off...Read More

Miners arrive in DRC for month of talks to resolve mining code dispute

March 15, 2018 / www.metalbulletin.com

Major international mining companies operating in the Democratic Republic of Congo (DRC) have resigned from the country's Chamber of Commerce ahead of a month of talks with the government to resolve their dispute over the new mining code. A legal and technical team representing Randgold Resources, AngloGold Ashanti, Glencore PLC, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (...Read More

Gold and silver stocks tend to run in a pack

March 15, 2018 / www.adviceforinvestors.com

Technical analyst Brian Hoffman gives his advice on eight precious metals mining stocks and an exchange traded fund that tracks the share price movements of the big precious metals miners. North American stock markets have continued to move higher. Although they're overbought from a technical perspective, the continued flight of overseas capital to the perceived safety of North American stocks, co...Read More

UK firm sees year-end launch of pulsed power device

March 15, 2018 / tinyurl.com

First Light Fusion (FLF) is investing GBP3.6 million (USD5.0 million) building what it says will be the only pulsed power machine of its scale in the world dedicated to researching fusion energy. The Oxford, England-based company said on 12 March it expects to commission the device - Machine 3 - by the end of this year.A rendering of Machine 3 (Image: First Light Fusion)FLF aims to achieve 'gain'...Read More

LIVE FUTURES REPORT 15/03: Comex copper price recovery short-lived

March 15, 2018 / www.metalbulletin.com

Comex copper prices reversed lower on the morning of Thursday March 15 in the United States amid general hesitancy from traders and a stronger dollar.Copper for May settlement on the Comex division of the New York Mercantile Exchange dipped by 4.55 cents or 1.4% to $3.113 per lb. Yesterday, the contract reached a two-week high at $3.192 per lb."The limited rebound indicates that traders remain ske...Read More

Navin R. Johnson Goes To The White House

March 15, 2018 / investmentresearchdynamics.com

(Note: with apologies to Carl Reiner and Steve Martin, who directed and co-wrote "The Jerk," respectively)Just when you thought Trump's "leadership" could not get any more insane, he adds a third ring to the circus going on at 1600 Pennsylvania by hiring "economist," Larry Kudlow to be the head of his economic advisors.For those of you not familiar with financial market history beyond the last 10...Read More

Finnfjord to carry out delayed maintenance work at ferro-silicon plants in Q2, source says

March 15, 2018 / www.metalbulletin.com

Norwegian ferro-silicon producer Finnfjord Smelteverk will cut about 5,000 tonnes of production between April and June of this year because of planned maintenance to its furnaces, according to an industry source.The company, which has its plant in the north of the country, operates three furnaces, one with capacity for 20,000 tonnes per year and two with capacities for 40,000 tpy."Maintenance shou...Read More

Junior miner, iron ore producers gain

March 15, 2018 / www.mining-journal.com

A junior precious metals miner and iron ore producers were among those to gain on global equities markets.Staff reporterJunior miner, iron ore producers gain15 MARCH 201815/03/2018commentsshareJunior North American miner Klondex Mines (CN:KDX) was the big mover on the S&P/TSX Composite Index's gold sector, up 6.49%, as it promised to learn from its 2017 challenges and move forward.President an...Read More

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