Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index suffered a particularly hard correction as stocks around the world suffered their first major correction in the last year. The Index stumbled 43.23 points or 3.3%.The Index's new support levels are 1252 and 1242. Resistance is at 1270 and 1278.Our...Read More
Technical analyst Clive Maund charts a company developing a gold mine on Fiji.Read full newsRead More
DENVER (AP) - Crumbling mine tunnels awash with polluted waters perforate the Colorado mountains, and scientists may one day send robots creeping through the pitch-black passages to study the mysterious currents that sometimes burst to the surface with devastating effects.Read full newsRead More
These companies glittered more brightly than their peers.Read full newsRead More
Marlin Gold Mining Ltd (TSXV:MLN), a metals and mining company based in Canada, received a lot of attention from a substantial price increase on the TSXV over the last fewRead More...Read full newsRead More
The South African workers had been stuck since Wednesday, when a power cut stopped the lifts.Read full newsRead More
All of the nearly 1000 miners trapped in the Sibanye-Stillwater's Beatrix gold mine in South Africa due to a power outage were brought back to the surface.Read full newsRead More
SHANGHAI, Feb 5 (SMM) –Copper: Better-than-expected nonfarm payrolls in the US boosted the dollar but we expect the greenback to be weaker in the longer term, which is bullish for copper prices. While weaker physical consumption in the near term could drag down copper prices, a major Chinese fund has long positions further down the curve. We see SHFE copper firmly supported at the 52,500-53,...Read More
SHANGHAI, Feb 5 (SMM) –Copper: Better-than-expected nonfarm payrolls in the US boosted the dollar but we expect the greenback to be weaker in the longer term, which is bullish for copper prices. While weaker physical consumption in the near term could drag down copper prices, a major Chinese fund has long positions further down the curve. We see SHFE copper firmly supported at the 52,500-53,...Read More
SHANGHAI, Feb 5 (SMM) –Copper: Better-than-expected nonfarm payrolls in the US boosted the dollar but we expect the greenback to be weaker in the longer term, which is bullish for copper prices. While weaker physical consumption in the near term could drag down copper prices, a major Chinese fund has long positions further down the curve. We see SHFE copper firmly supported at the 52,500-53,...Read More
Outgoing Fed chair says feels 'great' about economy's strengthFinal-hour move at central bank a growth ban on Wells FargoJanet Yellen, chair of the U.S. Federal Reserve, listens to a question during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S., on Wednesday, Dec. 13, 2017. Federal Reserve officials followed through on an expected interest-rat...Read More
Price trends in the global steel billet market were mixed in the week ended Friday February 2 with pricing moving in different directions in the various markets.In Southeast Asia, the market was bullish because of reduced availability of the material, with Chinese suppliers out of the export market and offers of India-origin billet being scarce due to the strength of the country's domestic long st...Read More
Price trends in the global steel billet market were mixed in the week ended Friday February 2 with pricing moving in different directions in the various markets.In Southeast Asia, the market was bullish because of reduced availability of the material, with Chinese suppliers out of the export market and offers of India-origin billet being scarce due to the strength of the country's domestic long st...Read More
TSX: CDVwww.cardinalresources.com.au Mr. Archie Koimtsidis reports:West Perth, WA / February 5, 2018 / JMN Wire / Cardinal Resources Limited (ASX: CDV) ("Cardinal" or "the Company") is pleased to announce results of its Preliminary Economic Assessment ("PEA", NI 43?EUR?101) / Scoping Study ("SS", JORC 2012) for the Namdini Gold Project ("Namdini") in Ghana, West Africa.HighlightsThe PEA confirms N...Read More
Framatome is the best partner for Lightbridge for developing, licensing and commercialising nuclear fuel assemblies based on its technology, the company's president and CEO Seth Grae told World Nuclear News. Speaking shortly after the companies announced their Enfission joint venture, he said they intend Enfission to become a major player in the international nuclear industry.The Enfission joint v...Read More
Getting the right timeframe and adopting the correct investment planning approach are key differentiators between good and bad mining, according to Alcoa Corp's top executive. Companies have different approaches to mining, with some having very positive results and others relatively poor ones, Alcoa chief executive officer Roy Harvey said. "It gets back to how you think about those timescales invo...Read More
Base metals prices on the London Metal Exchange were mostly higher at the 5pm close on Monday February 5 although lead again bucked the trend.The three-month copper price rallied to a high of $7,220 per tonne earlier, hitting a fresh three-week peak. Despite retreating slightly this afternoon, the metal still closed $125 per tonne higher than Friday's close. "A previously strong flow of material i...Read More
Peruvian copper production increased by 3.9% in 2017, with higher volumes from MMG's Las Bambas and Chinalco's Toromocho offsetting the small declines at other major mines. The country produced a total of 2.45 million tonnes of copper last year, compared with 2.35 million tonnes in 2016, Peru's energy and mines ministry, MEM, said its website on Sunday February 4. Meanwhile, the average coppe...Read More
Tungsten prices have climbed higher in both Europe and China in the past week on tightening availability of raw material ahead of the week-long national holiday in China beginning on February 15. China's tungsten prices rebound amid low availability European APT, ferro-tungsten prices increase on tightening raw material supply, currency fluctuations The approaching Chinese New Year is...Read More
Chinese ferro-silicon prices have edged down in line with tender purchase prices in the past week, with the European market easing amid reports of deals heard below the current range. China tracks lower tender purchase prices ...but supportive factors seen European price range eases US market firms while available supply thins Chinese domestic ferro-silicon prices were lower week on...Read More