European markets and Wall Street futures were under pressure Tuesday, Feb. 13, despite a firmer session in Asia. Wall Street futures were down Tuesday as the dollar saw modest losses against most major currencies. The implied open for Dow Jones Industrial Average was  127 points to the downside at 7:39 am Eastern time while S&P 500 mini futures had lost 0.44% and the Nasdaq al...Read More

The latest news and price moves to start the Asian day on Wednesday February 14. Base metals prices on the London Metal Exchange were in positive territory across the...Read More

It's been a wild run lately. Watching U.S. stocks plunge at one point over 10% in the past 10 days has certainly been a sobering experience for investors.After a nearly nine-year bull market, stocks have just experienced their fourth 10% correction. But as I've been reminding people, it wasn't the end of the world. U.S. stocks suffered 10% corrections in August 2015 and January 2016 and bounced ba...Read More

We have it on highest authority:Rising budget deficits are "a very dangerous idea."The president's budget director, Mick Mulvaney, conceded the point this Sunday on Face the Nation.But like a junkie long resigned to the needle and the alley, he could only lower his eyes... and shrug his shoulders:"But it's the world we live in."The administration released a $4.4 trillion 2019 budget proposal yeste...Read More

Ryan O'Hayre, professor of metallurgical and materials engineering at Colorado School of Mines, was recently featured in an article in Science about a new breakthrough in the development of a midrange-temperature fuel cell that can run "warm enough for reactions to proceed quickly, but cool enough to allow them to be built from cheaper metals."From the article:O'Hayre says the new work is "a grea...Read More

The major averages added to their Friday gains to start the new trading week. The Dow tacked on another 400 points. The S&P 500 finished higher by 1.4%. Even bitcoin is gaining ground…But many investors aren't convinced this bounce will stick. They're pulling their money out of the markets because they're certain a bigger correction is just over the horizon.To be fair, we don't know if t...Read More

Prices have slipped.The dollar is supportive for precious metals.Interest rates weigh on the shiny metals, for now.Support and resistance levels.Three reasons for higher prices later this year.Gold and silver both repeated their patterns of lows in December and price recoveries at the start of a new year for the third time in late 2017 and early 2018. It is likely that the markets' perception that...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a mediocre 72-88-130. The TSX Venture Exchange fell three points to 821 while polished diamond prices edged higher. Dr. Leon Daniels's Pangolin Diamonds Corp. (PAN) gained one-half ce...Read More

The latest news and price moves to start the Asian day on Wednesday February 14. Base metals prices on the London Metal Exchange were in positive territory across the...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold gained $6.80 to $1,329.30 on Tuesday. The TSX Venture Exchange lost 3.88 points to 821.18 while the TSX Gold Index lost 0.46 point to 183.38. Endeavour Mining Corp. (EDV) led a smaller group of Canadian gold miners h...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 3.88 points to 821.18 Tuesday. Kevin Baker has filed a preliminary prospectus to list his first capital pool shell, Tailwind Capital Corp. The shell plans to sell a $200,000 initial public offering at 10 c...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellPaul Ewer, one of those charged in New York for the manipulation of former Canadian Securities Exchange listing Intelligent Content Enterprises Inc., has found himself in a bit of extra trouble. In the very early morning hours of Jan. 19, 2018, he was...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange gained 11.67 points to 825.06 Monday. Jonathan Younie's Baetis Ventures Ltd. (BATS: $0.10) has listed, following a $200,000 initial public offering at 10 cents. It did not trade on the TSX-V, but on Pure Tradin...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold gained $6.80 to $1,322.50 on Monday. The TSX Venture Exchange added 11.67 points to 825.06 while the TSX Gold Index rose 5.48 points to 183.84. Tahoe Resources Inc. (THO) led Canadian gold miners higher, adding 37 ce...Read More

Rio Tinto (LON:RIO) has become the sole owner of Pistol Bay Mining's. (TSX-V: PST) uranium assets in the Athabasca Basin of Saskatchewan, Canada, by making a final payment of $1 million in cash.With the acquisition, the world's second largest miner is materializing plans of grabbing those three assets, which are located close to Cameco's McArthur River mine - the world's largest producing uraniu...Read More

Base metals prices on the London Metal Exchange took advantage of the weakening dollar to close higher across the board on Wednesday February 14, with nickel leading the charge."LME prices strengthened further on a lack of Chinese selling and a softer US dollar, which saw upside stops triggered with an accompanying sharp increase in turnover. 5pm closes were all up on the day and just off the high...Read More

Swedish metal producer Boliden will invest $308 million over the next two years to expand its copper-nickel production sites in Finland.The company will spend ?,?80 million ($98.65 million) to raise output at its Kevitsa copper-nickel mine and ?,?45 million to expand capacity of the Harjavalta copper-nickel smelter, according to a company statement on Tuesday February 13. Both copper and nickel sa...Read More

Tin premiums firmed in Europe and the United States on Tuesday February 13, after higher logistical costs and shipment delays squeezed regions with thin residual supply. 99.9% tin premiums hit one-year high in Rotterdam  Higher freight costs inflate premiums in the US  LME price spread backwardation continues to narrow from late-January highs European premiums for 99.9% purity tin ingot...Read More

Spot prices have eased so far this week in European molybdic oxide and ferro-molybdenum trading due to the absence of key world trader China which has had a dampening effect on international markets, sources told Metal Bulletin. Metal Bulletin assessed molybdic oxide prices at $12.00-12.25 per lb in-warehouse Rotterdam on Wednesday February 14, from $12.20-12.50 per lb on Friday. The market w...Read More

Integra Resources (ITR.V) only needed four weeks to receive the drill permits needed for its Phase I drill program on its DeLamar gold-silver project in Idaho. This short turnaround time ensured the company remains on schedule for its 2018 exploration plans of which this initial 6,000 meters of RC drilling (an increase of 50% compared to the original plans) is just the very first phase of a 20,000...Read More