China's ferrous futures rose further during the morning trading session on Wednesday February 14, ahead of the country's week-long Lunar New Year holiday starting February 15.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,943 yuan ($622) per tonne, up 20 yuan per tonne May hot-rolled coil: 3,985 yuan per tonne, up 4 yuan per tonne Dalian Commodity Exchang...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
The arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday February 14* Copper -$94.68 (-601.79 yuan) Aluminium -$461.35 (-2932.28 yuan) Zinc -$118.19 (-751.23 yuan) Nickel -$553.92 (-3520.66 yuan) *The physical arbitrage numbers...Read More
Metal Bulletin's low-grade cadmium prices rose by 4.9% in the latest pricing session on strong demand from India. The 99.95% cadmium quotation rose to 120-133 cents per lb on Wednesday February 14 from 117-133 cents on Friday, while the 99.99% quotation remained stable at 120-135 cents per lb. "There is huge demand in India for cadmium and a lack of availability in the market," a trader...Read More
Key data from the Wednesday February 14 pricing session in Europe:Key data from the Wednesday February 14 pricing session in Europe:Indium ingots MB $/kg in-warehouse Rotterdam Key drivers - Crude supply tightness -...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
The following Metal Bulletin minor metals prices changed on Wednesday February 14:Antimony MMTA standard grade II, $/tonne: $8,400-8,700 per tonne from $8,400-8,600 Cadmium MB free market min 99.95%, cents/lb:...Read More
The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday February 14:Aluminium scrap Group 1 pure 99% & litho: ?1,400-1,450 per tonne from ?1,420-1,470 Commercial pure cuttings:...Read More
Canada-listed Fura Gems (TSX-V:FUR), a new gemstone mining and marketing company headed by former COO of Gemfields (LON:GEM) Dev Shetty, is stepping up efforts to kick off operations at some of its key assets and so take advantage of a growing demand for coloured precious rocks.The company, which began operations less than a year ago, in May 2017, has good reasons to be in a rush. Sales of emeral...Read More
Canada's IAMGOLD Corp. (TSX IMG), (NYSE: IAG) has kicked off a feasibility study for its C??t?(C) Gold Project, located in the Abitibi gold belt in Ontario, and said a construction decision should be made in the first half of 2019.Last year, the Toronto-based miner sold a 30% interest in the proposed open pit mine to Japan's Sumitomo Metal Mining, the Asian nation's No. 1 gold producer, but it re...Read More
Shares in Africa-focused Botswana Diamonds (LON:BOD) received a much-needed boost on Wednesday after the miner announced it had has raised ?500,000 (about $695,060 at current rates) to fund ongoing exploration in South Africa and Botswana.The company said the sum was collected through the issue of 50-million shares to new and existing investors at a price of 1p a share.Miner will begin expl...Read More
Shares in Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) were down almost 4.9% in New York premarket after reporting weaker than expected earnings for the three months to December and a 10% drop in revenue.The Vancouver, British Columbia-based company logged a profit of Cdn$700 million or Cdn$1.21 per share for the forth quarter of the year, compared to Cdn$9...Read More
http://www.mining.com/Argentina's national government is pressing ahead with its intentions to make of mining one of the pillars of job creation, and it's holding talks with the leaders of the three provinces that declined to sign a 2017 mining act, which harmonizes taxes and regulations in hopes of attracting investment.Mining secretary, Daniel Meil??n, told local paper El Diario that the governm...Read More
Peter 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 often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
According to a recent report by the Associated Press, Dutch Foreign Minister Halbe Zijlstra has admitted to making up a lie about Putin. Zijlstra has previously gone around telling people that when he was an employee of Shell, the giant energy company, he was at Putin's country retreat when he apparently heard Putin said that he considered Belarus, Ukraine, and the Baltic states to be a part of 'g...Read More
After last week's market shake up, the questions of "what happened" and "what next" is definitely on all of our minds here at Dent Research. I've no doubt it's on your mind too.Continue...Read More
Remember the days (about six months ago) when bitcoin was going to revolutionize banking and disintermediate the mean nasty "banksters?"Continue...Read More
Justin's note: Regular readers know that commodities are on the verge of a massive rally. Last week, I even showed you why it could turn into a "full-blown mania."Continue...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, jump into the question of whether inflation is good for gold.Continue...Read More
With everything that's been happening with the stock market lately, people have forgotten about last year's biggest investment story:Continue...Read More