Peninsula Energy Ltd (ASX:PEN) has had its buy recommendation reiterated by New York based investment bank H.C. Wainwright & Co.The bank continues to forecast upside with a price target of $1.50 on the shares which are trading at $0.39.Its forecast is supported by Peninsula's long-term uranium contracts and its plan to transition operations at the Lance Projects in Wyoming to a lower pH soluti...Read More

Shigemoto Toma, who was Goldman Sachs' senior aluminium trader until November, is joining Macquarie bank in Singapore, Metal Bulletin understands. Toma will join Macquarie's base metals trading team on February 8 and will help the bank grow its physical...Read More

Deliverable zinc stocks at Shanghai Futures Exchange-approved warehouses increased 13,216 tonnes or 16.2% week on week to 94,769 tonnes as of Friday February 2. Metal Bulletin last assessed Shanghai-bonded zinc stocks at around 203,000-205,000 tonnes at the end of January, up 29.5% from 155,000-160,000 tonnes on January 3 and 92.5% compared to January 2017.  Stock levels have predominantly be...Read More

Yesterday ahead of earnings, AMZN's stock dropped $60, with $30 of that drop occurring in the last hour of trading. It's almost as if market-makers, with their customary preview of the impending AMZN headline EPS report in hand, intentionally took the price down to set-up a short-trap. AMZN stock closed at $1390, down $60 from Wednesday's close.Shortly thereafter, AMZN's earnings headline...Read More

Finnish metal processing technology provider Outotec forecasts growth in demand for many metals, with sentiment in both the mining and metals industries expected to improve in 2018."In 2018, our target is to grow our sales as well as improve profitability. Together with improved market sentiment, global [trends] - such as resource efficiency, sustainability and digitization - provide us with good...Read More

Metal Bulletin has today discontinued five grades of zircon.After a consultation period, Metal Bulletin has today suspended the following five grades of zircon, effective February 2, 2018: Zircon, ceramic grade, bulk, CIF South Africa, $/tonneZircon, Ceramic grade, Bulk, FOB South Africa, $/tonneZircon, premium grade, bulk, FOB USA, $/tonneZircon, standard grade, bulk, FOB USA, $/tonneZircon stand...Read More

NextSource Materials (NEXT.TO) has put in a stellar performance in the past few weeks as its share price moved from C$0.06 in December to a high of C$0.22 earlier this week for an increase of 267%. Surprisingly, this happened without any relevant news (other than NextSource's announcement it has now also registered SuperFlake as registered trademark in Japan and whilst this is an excellent move to...Read More

Production of nickel intermediates will need to ramp up in order to meet forecast demand from the electric-vehicle (EV) sector, according to Anne Oxley, technical director of Brazilian Nickel. The nickel industry and supply chain is not structured to cater to the specific needs of EV battery manufacturers, delegates heard at the Advanced Automotive Battery Conference in Mainz, Germany, this week....Read More

Finnish metal processing technology provider Outotec forecasts growth in demand for many metals, with sentiment in both the mining and metals industries expected to improve in 2018."In 2018, our target is to grow our sales as well as improve profitability. Together with improved market sentiment, global [trends] - such as resource efficiency, sustainability and digitization - provide us with good...Read More

Preparing for the first blast for the twin declines at the Kakula box cut in November 15, 2017 in the DRC. Source: Ivanhoe Mines Ltd.It is often said that what investors fear most is uncertainty. It explains why shares of Ivanhoe Mines Ltd. [IVN-TSX, IVPAF-OTC] have fallen 26% this week (Jan29 - Feb2) amid reports about changes to the mining code in the Democratic Republic of Congo. These changes...Read More

The Hydropothecary Corporation (TSXV:THCX) has ambitious expansion plans that could make it among the top marijuana producers in CanadaSmallCapPower | February 2, 2018: The Hydropothecary Corporation (TSXV:THCX), a premium producer of cannabis focused on product innovation with ~20 medical cannabis products under four product lines (Decarb, H2, Time of Day and Elixir), announced recently the launc...Read More

Source: Gold Standard Ventures Corp.Gold Standard Ventures Corp. [GSV-TSX, GSV-NYSE AMERICAN], a company that is tipped to become one of Nevada's next gold producers, said one of its key shareholders has agreed to participate in a private placement financing deal in order to maintain its current share position in Gold Standard.The news comes just one day after Gold Standard said it is raising $20...Read More

Metal Bulletin has launched a weekly Manganese Ore Index 37% Mn, cif Tianjin China $ per dmtu of metal contained. Launched after a consultation period, the new index will complement the two existing manganese ore prices, the 37%Mn fob Port Elizabeth South Africa Manganese ore index and the Manganese Ore Index 44% Mn, cif Tianjin $ per dmtu of metal contained. Strong demand from China's d...Read More

Klondex's Hollister Mine 61.5 miles east of Winnemucca, Nevada. Source: Klondex Mines Ltd.Klondex Mines Ltd. [KDX-TSX, KLDX-NYSE AMERICAN] shares were lower Friday February 2 after the company announced preliminary operating results that failed to match the lower end of Klondex's previous production forecasts.The company also cancelled an investor day conference, scheduled for February 7, 2018, be...Read More

Metal Bulletin has updated its manganese ore indices base specifications to align with market standards. For the manganese ore 37% Mn fob Port Elizabeth index, the alumina base content changes to 0.2% from 1% and the maximum to 2% from 8%. In addition, the silica base content changes to 5.5% from 6%, the phosphorous base content will change to 0.025% from 0.04%, and the maximum iron content w...Read More

Contact Gold Corp. (TSXV: C) is a gold exploration company, focused on leveraging its properties, people, technology and capital to produce district scale gold discoveries in Nevada. Contact Gold's extensive land holdings are on the prolific Carlin, Independence and Northern Nevada Rift gold trends, which host numerous gold deposits and mines. Contact Gold's land position comprises 28,082 hectares...Read More

Metal Bulletin reviews the major stories that have affected the steel market over the past week.Raw materialsIron ore prices ended Friday on the rise after experiencing declines early in the week. Metal Bulletin's 62% Fe Iron Ore Index came to $74.39 per tonne cfr Qingdao, amid gains in the futures and steel markets.Trading activity in the seaborne coking coal market remained thin on Friday, with...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Canadian Silver Hunter (TSXV: AGH.H) Reports 25 Metres of Mineralization Intersected at Keeley Mine Toronto, Ontario - February 2, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Canadian Silver Hunter Inc. (TSXV: AGH.H) (Canadian Silver Hunter" or the "...Read More

The market in the United Kingdom for grade-5C ferrous scrap has dropped this week, marking another weekly fall since the price was assessed on January 12, with suppliers cutting their offer prices in line with export demand.The move in the light iron scrap market in the UK follows a fall in trade to key destinations such as Turkey and the Indian subcontinent.The rate of steel scrap exports to Turk...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Sojourn Exploration (TSXV: SOJ) Joins Forces with Leading Exploration Team Vancouver, British Columbia - February 2, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Sojourn Exploration Inc. (TSXV: SOJ) (OTC Pink: SJRNF) ("Sojourn" or the "Company") has j...Read More