The changing dynamics of bauxite and alumina markets have demanded an evolution in the means of pricing them. The alumina market - and the way it is priced - has transitioned over the past 10 years. Fixed-price, long-term contracts, agreed as a percentage of the aluminium price on the London Metal Exchange, have instead transformed into contracts tied to third-party reference prices or indices, in...Read More
Bob Moriarty ArchivesMar 06, 2018There are websites that offer short tests that claim to tell you if you might qualify for Mensa. That's the group for the top 2% of people in IQ. I've never bothered taking the tests. I didn't need to.When I went through Marine Corps Boot Camp in the fall of 1964 all recruits had to take a general intelligence test called the GCT. My score qualified me for Mensa. I...Read More
Should this surprise anyone?An interesting study by a Phd candidate at the University of Chicago is being released which shows a statistically high incidence in taxi trips between the NY Fed and big NY banks clustered around FOMC meetings:Mr. Finer writes that "highly statistically significant patterns in New York City yellow taxi rides suggest that opportunities for information flow between indiv...Read More
Base metals prices on the London Metal Exchange were higher across the board during morning trading on Tuesday March 6 - with the complex beginning to recover from Monday's weakness. Zinc prices hit a fresh two-month low yesterday after 78,950 tonnes were delivered into LME-approved warehouses in New Orleans. But the three-month zinc price was $26.50 higher per tonne this morning despite 14,175 to...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comMar 6, 2018Gold is showing solid rallies from my $1310 area buy zone (basis April futures). From both a love trade and fear trade perspective, the fundamental picture is becoming more positive.Pleaseclick here now. I’ve repeatedly highlighted the fact that while America has the worl...Read More
Ganzhou Tungsten Association (GTA) has raised its tungsten price forecasts for March in line with the price recovery in the spot market after the Chinese New Year break and due to strong expectations for tighter supply in tungsten concentrates in March. The China-based association forecast average prices for black tungsten concentrate 65% and ammonium paratungstate (APT) in March at 113,000 yuan (...Read More
The Chinese vanadium market followed European prices upward last week, in its first full week since returning from the Chinese New Year break. Meanwhile, the US and European markets continued to strengthen on thinning stocks and healthy spot demand. Chinese vanadium prices surge after emerging from Chinese New Year European market continues uptrend in light of supply constraints US ferro-vanadium...Read More
The changing dynamics of bauxite and alumina markets have demanded an evolution in the means of pricing them. The alumina market - and the way it is priced - has transitioned over the past 10 years. Fixed-price, long-term contracts, agreed as a percentage of the aluminium price on the London Metal Exchange, have instead transformed into contracts tied to third-party reference prices or indices, in...Read More
Ganzhou Tungsten Association (GTA) has raised its tungsten price forecasts for March in line with the price recovery in the spot market after the Chinese New Year break and due to strong expectations for tighter supply in tungsten concentrates in March. The China-based association forecast average prices for black tungsten concentrate 65% and ammonium paratungstate (APT) in March at 113,000 yuan (...Read More
ML Gold Corp. (TSXV:MLG) plans an aggressive second phase of drilling to expand from Hole 4 and test the newly-identified "central" target areaSmallCapPower | March 6, 2018: ML Gold Corp. (TSXV:MLG) late Wednesday announced that it has made a copper discovery on its recently-acquired Stars project located in central British Columbia (BC) within the province's prolific porphyry belt. Key highlights...Read More
The Chinese vanadium market followed European prices upward last week, in its first full week since returning from the Chinese New Year break. Meanwhile, the US and European markets continued to strengthen on thinning stocks and healthy spot demand. Chinese vanadium prices surge after emerging from Chinese New Year European market continues uptrend in light of supply constraints US ferro-vanadium...Read More
Cobalt prices rose closer to $40 per lb on Friday March 2 when suppliers raised their offers again, confident that buyers will soon have to book at higher levels on bullish expectations for electric vehicle batteries and good demand from the super-alloys sector.Metal Bulletin's benchmark low-grade cobalt price climbed to $38.80-39.85 per lb from $38.75-39.70 per lb on Wednesday February 28, while...Read More
Turkish steel producers have continued to book deep-sea scrap for April amid strong demand for their finished steel products, sources said on Tuesday March 6.Imported scrap prices into Turkey have risen further with the recent bookings, sources told Metal Bulletin.A steel mill in the Marmara region booked a Baltic Sea cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $374.75 per tonne and...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Cardero (TSX: CDU) (FSE: CR5) Announces Positive Preliminary Economic Assessment for Zonia Copper-Oxide Deposit, Arizona, USA Vancouver, British Columbia - March 6, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cardero Resource Corp. (TSX:...Read More
Limited offers and bullish sentiment resulted in import prices for steel billet in Southeast Asia rising further over the past week and those for slab in the wider region including East Asia to narrow upward.BilletMetal Bulletin's assessment of import prices for billet in Southeast Asia was $560-575 per tonne cfr for the week ended Monday March 5, up $20 per tonne from a week earlier.Numerous deal...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Grizzly (TSXV: GZD) (OTC Pink: GZDIF) Provides Greenwood Property Update and 2018 Exploration Plans Edmonton, Alberta - March 6, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Grizzly Discoveries Inc. (TSXV: GZD) (OTC Pink: GZDIF) (FSE: G6H...Read More
No one should have to compete with robots. That is why everyone should strive to do what robots cannot.Flipping burgers and taking orders are quite easy tasks for robots. We have already seen touchscreens offer an alternative to human cashiers. Now robots are starting to replace the backroom staff.Flippy still requires some human help, but its learning. Flippy’s boss though says he is alrea...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Chimata Gold Corp (TSXV: CAT) in Process of Completing a NI 43-101 Technical Report with Zimbabwe Lithium Company Limited for the Kamativi Lithium Tailings Deposit in Zimbabwe Vancouver, British Columbia - March 6, 2018 (Newsfile Corp.) (Invest...Read More
If you have too much debt and bad credit, it may be tough to get credit cards and loans. The idea is that people less likely to pay pack lenders get less credit.Well imagine if there was a social credit system. But it was the government that used it to decide who could travel, or live in certain apartments. Imagine if your social credit was too low to send your kids to a private school, or...Read More