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
World zinc mine output is expected to accelerate well ahead of demand for the second half of this year, tipping the balance in the market, an executive at physical merchant Concord Resources said. Duncan Hobbs told the International Zinc Association (IZA) conference in Carlsbad, in the US state of California, that there were very different trends in world zinc mine output in the mid-2000s versus t...Read More
The Port of Belledune is 25 km by highway from Callinex's Nash Creek Project in New Brunswick that includes railway, deep water port, 450 Mw power plant and Glencore's smelter. Source: Callinex Mines Inc.Assays are from three holes that were drilled as part of the recently completed 35-hole campaign. The drill holes were designed to expand the deposit laterally and along strike in the northern a...Read More
Stage 2 construction at the Idaho Cobalt Project. Source: eCobalt Solutions Inc.eCobalt Solutions Inc. [ECS-TSX, ECSIF-OTCQX] has arranged a $26 million bought deal financing to advance development of the company's 100%-owned Idaho Cobalt Project located 26 miles west of Salmon, Idaho, which could soon rank as the only primary producer of cobalt in the United States, eCobalt CEO Paul Farquharson...Read More
Shares of Drone Delivery Canada Corp. (TSXV:FLT) have soared more than 100% so far in 2018 to its current price of $1.84SmallCapPower | February 14, 2018: Drone Delivery Canada Corp. (TSXV:FLT) announced recently that it has been granted a Compliant UAV Operator Special Flight Operations Certificate (SFOC) by Transport Canada, this after achieving a Compliant UAS (Unmanned Aircraft System) in Dece...Read More
The steel mills in Turkey resumed their deep-sea scrap bookings on Wednesday February 14 at comparatively stable prices, Metal Bulletin was told.A steel mill in the Marmara region booked a US cargo, comprising 30,000 tonnes of HMS 1&2 (80:20) at $349.25 per tonne, 5,000 tonnes of shredded at $354.25 per tonne...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Allegiant Gold Begins Major Nevada OperationsSource: Bob Moriarty for Streetwise Reports February 14, 2018 (Investorideas.com Newswire) The spin-out from Columbus Gold provides investors with clear choices between two entirely different vehicles, says Bob M...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Oversold Lithium Junior Has Near-Term CatalystsSource: Peter Epstein for Streetwise Reports February 14, 2018 (Investorideas.com Newswire) Peter Epstein of Epstein Research profiles a lithium company with two active brine exploration programs in Argentina.N...Read More
Base metals on the London Metal Exchange are for the most part consolidating this morning, Wednesday February 14. Nickel prices are the most energetic with a 0.7% gain to $13,520 per tonne, the others are ranged between down 0.2% and up 0.3%, with copper prices unchanged at $7,017 per tonne.Volume has been below average, with 7,611 lots traded as of 07.19 am London time. This follows a second day...Read More
Parenting for Freedom article series: This is the sixth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.The best reason to have kidsThis is my final article in a series about how parents can apply principles of freedom to raising the...Read More
Copper vs. OilThe Q1 2018 meeting of the Incrementum Fund's Advisory Board took place on January 24, about one week before the recent market turmoil began. In a way it is funny that this group of contrarians who are well known for their skeptical stance on the risk asset bubble, didn't really discuss the stock market much on this occasion. Of course there was little to add to what was already talk...Read More
Domestic prices in Northern Europe for hot-dipped galvanized coil (HDG) have increased again this week, following the upward trend settled in the region's wider flat steel markets, sources told Metal Bulletin on Wednesday February 14.Metal Bulletin's weekly price assessment for domestic HDG in Northern Europe was ?,?680-700 ($839-863) per tonne ex-works this week, compared with ?,?670-690 per tonn...Read More
CloseGain/LossGold $1352.10+$22.80Silver$16.87+$0.30XAU85.50+5.49%HUI189.40+4.96%GDM641.91+4.24%JSE Gold1173.26+2.95USD88.95-0.74Euro124.58+1.07Yen93.49+0.71Oil$60.60+$1.4110-Year2.911%+0.082T-Bond143.50-1.0625Dow24893.49+1.03%Nasdaq7143.62+1.86%S&P2698.63+1.34% The Metals: Gold gained $7.60 to $1336.90 in Asia before it dropped back down to $1318.50 just after this morning's inflation dat...Read More
By Ira EpsteinGold rallies sharply off of inflation as shown in today's US CPI numbers.https://www.iraepstein.com/ Read More
*This speech was delivered at the Vancouver Resource Investment Conference on January 21-22, 2018Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted o...Read More
Self-destruction usually happens in stages. At first there's a binge in which the thrill outweighs the sense of transgression. This is usually followed by remorse, acknowledgement of risks, and an attempt to reform. But straight-and-narrow is exhausting, and because of this is frequently just temporary, eventually giving way to a kind of capitulation in which the addict drops even the pretense o...Read More
Domestic prices for cold-rolled coil (CRC) are expected to grow this month following the upward trend in the hot-rolled coil (HRC) market, sources told Metal Bulletin on Wednesday February 14.Metal Bulletin's weekly price assessment for domestic CRC in Southern Europe was ?,?640-645 ($789-795) per tonne ex-works on February 14, compared with ?,?625-650 per tonne ex-works. The assessment reflected...Read More
By Jeff ClarkThere aren't many investment scenarios you can point to with any degree of certainty and say, "This asset is going to rise." Saying so is usually fraught with risk, even if in hindsight it turns out to have been an accurate call.But there are certainly times when you can see that the odds are heavily stacked in your favor. And we have one of those potential scenarios right now in go...Read More
European mills insist in higher domestic prices for hot-rolled coil (HRC) following the positive trend settled in the market, sources told Metal Bulletin.The upward trend settled in the EU coil market has been supported by a combination of decreased production of domestic material in Italy and the effects of trade defense measures.Sources of imported HRC have been limited since the European Commis...Read More
By Mike MaloneyWhat is the Internet Of Things and what promises does it hold? In this bonus feature from Hidden Secrets of Money Episode 8, Mance Harmon of Swirlds Inc explains what IoT is and where it is likely to go.What is the Internet of Things?Many of the appliances and devices that previously weren't computerized like light bulbs, baby monitors, and washing machines have become computerize...Read More