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
Shares in Australian zinc tailings processor New Century Resources halted trading on the Australian Stock Exchange (ASX) on Monday February 5, with the company set to announce offtake partners for the next three years of production.New Century has reduced the number of potential backers of the project to just a handful of international trading houses, several sources with knowledge of the matter s...Read More
Tightening supply in China pushed up chrome ore and domestic and imported charge chrome prices in the week to Friday February 2, while the European market dipped and the US price range widened. Tight supply, transport disruptions push up domestic Chinese ore and alloy marketsCharge chrome import prices jump on rand appreciationPrices edge up in JapanEuropean market slips amid thin tradingUS marke...Read More
Cobalt prices continued their steady ascent last week, while opportunities to pick up more cheaply-priced units ran thin. But slower spot activity ahead of the Chinese New Year holiday and buyers' reluctance to overstock at high prices served to limit the pace of the rally, market sources noted. Metal Bulletin assessed low-grade cobalt prices at $37.25-38.50 per lb, in-warehouse, on Friday Fe...Read More
Drilling at the Bolo Project northeast of Tonopah, Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin out comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX], released an update February 5 on exploration at its Bolo gold project northeast of Tonopah, Nevada. Shares of Allegiant, which is owned 16.7% by Columbus, rallied on th...Read More
By selling its stake in the U.S.-based company, Aphria Inc. (TSX:APH) seems to be trying to avoid issues with Canadian regulators as well as the TSXSmallCapPower | February 5, 2018: Aphria Inc. (TSX:APH) on February 2, 2018, announced a deal to divest its holding in Arizona-based marijuana company Copperstate Farms to Liberty Health Sciences Inc. (CSE:LHS) for a total consideration of $20 million...Read More
Chinese silicon export prices rose again in the pricing session last week due to continuing dollar weakness and tightening spot availability. The weakening dollar has forced Chinese silicon exporters to frequently refresh their quotations in the past week to keep their order book balanced. The dollar index was recently at 89.07, down on Friday but up slightly from a low of 88.43 on January 25. Met...Read More
The Turkish scrap import market was still silent at the beginning of this week, with the country's steel mills still in negotiations with suppliers, sources said on Monday February 5.The steel producers in Turkey had returned to the deep-sea scrap market at the end of last week for three deep-sea cargoes from the United States and the UK.Two steel mills booked US cargoes at...Read More
South Africa urgently needs to get investment back on the agenda, according to the deputy chairman of Anglo American South Africa. Speaking during the annual Mining Indaba in Cape Town, Norman Mbazima said that while South Africa may have one of the world's most endowed mining jurisdictions, it has not been able to bring this endowment to account. "We need to attract capital for South Africa's min...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Aura Silver (TSXV: AUU) Reports Complete Significant Grab Sample Assay Results Taken Over Past Four Years on Greyhound Project, NUUp to 103 Grams Au per Tonne Manotick, Ontario - February 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Aura Silver Res...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Vatic (TSXV: VCV) (FSE: V8V) Qualifies for Graduation to Tier 2 of the TSX Venture Exchange Vancouver, British Columbia - February 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Vatic Ventures Corp. (TSXV: VCV) (FSE: V8V) (the "Company" or "Vatic") i...Read More
Comex copper prices diverged from equity markets and returned to positive territory on Monday February 5, with the global environment remaining solid for the base metals group. Copper for March settlement on the Comex division of the New York Mercantile Exchange gained 3.75 cents or 1.2% to $3.2250 per lb. The red metal dipped to a one-week low on Friday following a heavy selloff in equity markets...Read More
Teenagers already live in a dystopia. Their lives are controlled by the government and their parents. If legal adults were treated like American teenagers, that government would be considered one of the most oppressive on Earth.The government requires 6-16-year-olds to attend a government institution that subjects them to unconstitutional searches. Here, in public schools, they must ask permissio...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Duran Ventures (TSXV: DRV) Signs Mineral Purchase Agreement for High Grade Copper Toronto, Ontario - February 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Duran Ventures Inc. (TSXV: DRV) ("Duran" or the "Company") is pleased to announce that the Co...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop From the Heart: Own Precious MetalsSource: Michael J. Ballanger for Streetwise Reports February 5, 2018 (Investorideas.com Newswire) Michael Ballanger discusses the latest developments in the precious metals sector.One of the things from which I occasionall...Read More
Base metals traded on the London Metal Exchange are off to a slightly negative start this week, posting an average loss of 0.4% this morning, Monday February 2. Nickel (-0.8%) is down the most, while tin (+0.3%) is the only base metal showing a gain.Volume has been fairly low with 4,947 lots traded as of 05.01 am London time.The downward pressure across the complex seems to be driven by a further...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Copper Mine Developer Closes US$30M Financing, Secures Most of Equity Part of Capex, UIC Permit Process Takes Bit LongerSource: The Critical Investor for Streetwise Reports February 5, 2018 (Investorideas.com Newswire) The Critical Investor provides updates...Read More
When to Sell?The common thread running through the collective minds of present U.S. stock market investors goes something like this: A great crash is coming. But first there will be an epic run-up climaxing with a massive parabolic blow off top. Hence, to capitalize on the final blow off, investors must let their stock market holdings ride until the precise moment the market peaks - and not a...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Escape from It All, With a Gold Mining Stock in ParadiseSource: Clive Maund for Streetwise Reports February 5, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund charts a company developing a gold mine on Fiji.Lion One Metals Limited (LIO:TSX.V...Read More
Demand for flat steel will remain moderate in Turkey in February and price increases are unlikely because raw material prices are falling and end-user demand is unremarkable, market participants told Metal Bulletin.Metal Bulletin assessed the price of hot-rolled coil (HRC) at $630-635 per tonne ex-works on Friday February 2, down at the high end from $630-640 per tonne in the previous assessment b...Read More