Japan's Tokyo Electric Power Company (Tepco) aims to become an innovative global energy and technology company, according to its president, Tomoaki Kobayakawa. He stressed the company will continue providing strong support for the restoration of Fukushima.Tepco is Japan's largest power company, supplying energy to the greater Kanto area, including the country's two biggest cities, Tokyo and Yokoha...Read More
Anfield Energy Inc (CVE:AEC) is focused on energy metals, in particular uranium and vanadium. It's not just an exploration play, however. In addition to attractive exploration opportunities in Arizona, Utah, Colorado and Wyoming, the company also owns the Shootaring Canyon Mill in Garfield County, Utah, one of only three licensed uranium mills in the United States.Uranium exploration assetsAnfield...Read More
Lead prices on the London Metal Exchange continued to strengthen and closed 1.4% higher at 5pm London time on Monday February 26, with its cash/three-month spread moving into backwardation. "LME lead has rebounded well... So far, sellers have failed to take its below $2,500 per tonne; buyers now have the chance to push it higher," Metal Bulletin analyst Andy Farida said. "Since the base metals are...Read More
The price difference between lead and zinc on the London Metal Exchange has moved to its widest in over 10 years, with lead lagging significantly behind. At the close on Thursday February 22, the three-month zinc price closed $960.50 per tonne higher than lead. But when the spread - or switch - last moved to over $900 in early 2007, lead staged an incredible fightback and ended up overtaking its s...Read More
Comex copper prices softened in the US morning on Monday February 26 amid a dollar reversal, although market action should be more volatile this week with Chinese investors back from their Lunar New Year holidays. Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 1.95 cents or 0.6% to $3.1930 per lb. "The bulls now have a platform...Read More
The pension crisis is inching closer by the day. @CalPERS just voted to increase the amount cities must pay to the agency. Cities point to possible insolvency if payments keep rising but CalPERS is near insolvency itself. It may be reform or bailout soon. - Steve Westly, former California controller and CalPERS board member.1.5 MILLION RETIREES AWAIT CONGRESSIONAL FIX FOR A PENSION TIME BOMBIn a s...Read More
Chinese ferro-silicon prices were unchanged on Friday February 23, with suppliers awaiting the return of consumers after the Lunar New Year holiday, while the European and US markets are pausing for quarterly delivery talks to discover the state of availability and demand in the next few months. Chinese market awaits consumers' return Chinese trading reduced to inter-merchant activity ...Read More
China's ferro-chrome market was stable just after Lunar New Year, while market participants predicted prices will rise in the coming week as a result of the country's strengthening stainless sector. Ferro-chrome prices hold in China after Lunar New YearUG2 chrome ore prices edge higher in ChinaHigher ferro-chrome tender prices expected for MarchAlloy prices rise in all other regions Ferro-chrome...Read More
The largest zinc smelter in Europe has sealed an offtake agreement with the operator of Century Zinc Mine for up to 600,000 tonnes of zinc concentrates over five and a half years, Nyrstar said on Monday February 26. Nyrstar, which has long been an offtaker of Century concentrate will receive 250,000 tonnes of zinc concentrates for the first three and a half years of the agreement, rising to 3...Read More
BCI Minerals (ASX:BCI) is still alive and kicking, and the company has now signed a Memorandum of Understanding with Sinosteel to cooperate towards bringing the Buckland iron ore project in production. Both companies will work towards binding agreements related to marketing and offtake deals, the engineering part and funding part of the construction phase of the project.BCI Minerals was/is aiming...Read More
Typical Landscape on the Bayovar 12 ConcessionFocus Ventures (FCV.V) has entered into an agreement with Italmatch Chemicals to jointly study the possibility to build and operate a P4 production facility near the Bayovar project in Peru's Sechura region.Back in the day, P4 was used to make matches, but its use has now been expanded to flame retardants and as Italmatch is the leading manufacturer of...Read More
Shares of Newstrike Resources Ltd. (TSXV:HIP) have been beaten down following a failed merger attempt with CanniMed Therapeutics Inc. (TSX:CMED)SmallCapPower | February 26, 2018: Newstrike Resources Ltd. (TSXV:HIP) Thursday announced full exercise of the previously-announced over-allotment option allowing underwriters to acquire an additional 9,091,500 units at $1.32 per unit, providing Newstr...Read More
Location map of Skyharbour uranium projects in the Athabasca Basin of northern Saskatchewan. Source: Skyharbour Resources Ltd.Skyharbour has an option to earn a 100% interest in the 35,705-hectare Moore Uranium Project from Denison Mines Corp. [DML-TSX, DNN-NYSE AMERICAN], which in turn has an 11% interest in Skyharbour.The Moore Project is located approximately 15 km east of Denison's Wheeler R...Read More
Silicon prices in China and Europe were stable over the past week amid a lull in trading activity, with a number of Chinese participants yet to return to the market following the weeklong Lunar New Year break which ended on Wednesday February 21.Metal Bulletin's Chinese grade 553 silicon metal export price stood at $2,000-2,050 per tonne on February 23, unchanged from the previous week's assessmen...Read More
Turkish domestic scrap prices have remained largely stable over the past week, because most of the steel producers in the country have kept their purchasing prices unchanged.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) was TRY1,230-1,400 ($324-369) per tonne delivered on Monday February 26, widening slightly from last week's TRY1,260-1,390 per tonne.The sligh...Read More
Turkish steel producers have continued to book deep-sea scrap, now buying for April, and prices have gone up slightly, sources said on Monday February 26.Market participants believed that the strong finished steel market was supporting the steel mills' scrap purchases."Turkish mills are still showing interest in deep-sea scrap. This is mostly because of the strong finished steel market," a source...Read More
Editor’s Note: Today we are taking a step back from politics to motivate a different kind of freedom. The base of a free society is free individuals, confident in their abilities, and secure in pursuing their happiness.Joe Mirelli is a passionate musician and creative writer from the UK. Previously, he worked in various engineering organizations and 9-5 ‘dead end’ jobs until he r...Read More
China's imports of iron ore rebounded to the second highest ever in January while those for coking coal fell to a seven-month low. Exports of scrap surged on the year, while those for coke, which include semi coke, contracted.Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop CSE New Listing - Reliant Gold Corp. (RNG) February 26, 2018 (Investorideas.com Newswire) The common shares of Reliant Gold Corp. have been approved for listing on the CSE.Listing and disclosure documents will be available at thecse.com on the trading date....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Jack Chan's Weekly Precious Metals UpdateSource: Jack Chan for Streetwise Reports February 26, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts the latest movements in the gold and silver markets.Our proprietary cycle indicator is down....Read More