Click to EnlargeApex Resources Inc. [APX-TSXV] said Monday January 22 its joint venture partner Prize Mining Corp. [PRZ-TSXV] has intersected high grade gold while drilling on its Daylight gold project in eastern British Columbia, near the city of Nelson.Encouraging assay results have been obtained from an 18-hole drill program which has tested a number of targets identified from a combination of...Read More
European antimony prices continued to edge higher last week due to tightening spot availability while the Chinese market began to wind down ahead of the upcoming Lunar New Year holiday.Metal Bulletin assessed MMTA standard grade II antimony in-warehouse Rotterdam prices at $8,100-8,400 per tonne on Friday January 19, unchanged from Wednesday's assessment, when prices had moved from $8,050-8,350 pe...Read More
North Arrow's Mike MacMorran finishes counting the samples from the short till collection program at the Mel property in 2016. Source: North Arrow Minerals Inc.North Arrow Minerals Inc. [NAR-TSXV, NHAWF-OTC] said Monday January 22 that it has significantly increased the size of its 100%-owned Mel Diamond Project to 56,075 hectares from 7,500 hectares. Claim staking was initiated as a result of Nor...Read More
Turkish steel mills continued their deep-sea scrap bookings for February and March on Monday January 22 with prices remaining largely stable.A steel mill in the Iskenderun region booked a US cargo, comprising 12,000-15,000 tonnes of plate and structural scrap (P&S) at $373 per tonne and 6,000 tonnes of shredded at $368 per tonne, while the rest of the 38,000-tonne cargo was HMS 1&2 (80:20) at $363...Read More
Total volumes in all of the London Metal Exchange's futures and options contracts rose by 0.5% last year, which is hardly a dramatic result one way or the other, although it did at least halt a run of annual declines.Declines in aluminium and copper turnover were to an extent offset by increases in zinc, nickel and lead. As well, the exchange's new gold and silver contracts chipped in with some us...Read More
Turkish domestic scrap prices continued to increase amid strong demand over the past week, sources said on Monday January 22.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) was $1,300-1,440 ($342-379) per tonne delivered, up from last week's $1,260-1,400 per tonne.The upward movement came after several steel mills raised their buy prices for the materi...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Genesis (TSXV: GIS) Drilling Returns 8.73 g/t Gold Over 21.35 m From Chevrier Main Zone Vancouver, British Columbia - January 22, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Genesis Metals Corp (TSXV: GIS) ("Genesis" or the "Company") is pleased to a...Read More
Comex copper prices moved higher in the US morning on Monday January 22, gaining support from further losses on the dollar index. Copper for March settlement on the Comex division of the New York Mercantile Exchange rose 1.55 cents or 0.5% to $3.2030 per lb. Emerging demand outside of China and supply-side uncertainty...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Cornerstone Metals (TSXV: CCC) (OTCQB: APPPF) Announces Listing on U.S. OTCQB(R) Venture Securities MarketAppoints Advisor and Grants Stock Options Vancouver, British Columbia - January 22, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cornerstone Meta...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop ePower Metals Inc. (TSXV: $EPWR) Reports Cobalt, Gold and Copper Results from Panther Creek Cobalt Project, Idaho and Announces Winter Program Vancouver, British Columbia - January 22, 2018 (Newsfile Corp.) (Investorideas.com Newswire) ePower Metals Inc. (T...Read More
Base metals prices on the London Metal Exchange are for the most part stronger this morning, Monday January 22, with the complex up by an average of 0.2%. Three-month copper prices ($7,096 per tonne) are up the most with a 0.7% gain, while nickel, zinc and lead prices are up by around 0.3% and aluminium and tin prices are little changed.Volume has been average with 6,376 lots traded as of 6.59am L...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop DNI Metals (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) - Assays for an Additional 5 of 46 Drill Holes Received; Including 18m Grading 8.63% Graphitic Carbon Toronto, Ontario - January 22, 2018 (Newsfile Corp.) (Investorideas.com Newswire) DNI Metals Inc. (CSE:...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Anaconda Sitting on a Gold MineSource: Bob Moriarty for Streetwise Reports January 22, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold sees a lot of potential in this company's Nova Scotia and Newfoundland projects.I used to travel 2/3 of the tim...Read More
What is this wizardry?We live in the future now. Backflipping robots, driverless cars and now the Shapeshifters have arrived.Have you heard of the new software that can make a sunny street appear snow covered in real time? It’s called ‘Image Translation.’Put on some goggles and you’ll make Alaska look like Hawaii.Or how about the software that changes the facial movements y...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop A Candidate for 'Deal of the Year' in British ColumbiaSource: The Critical Investor for Streetwise Reports January 22, 2018 (Investorideas.com Newswire) The Critical Investor profiles a base metal developer with a project in British Columbia that recently s...Read More
Russian producers have announced increasing prices for hot- and cold-rolled steel sheet from February production for domestic buyers, citing high prices and demand in the export market."It was predictable that mills would increase prices, because we are seeing rising export prices and a strong market for [steel] slab," a trader told Metal Bulletin.Metal Bulletin's price assessment for Russian 4mm...Read More
Relative Scarcity and Bubble Dynamics There is widespread awareness about the relative scarcity of BTC compared to the ever-expanding fiat money supply, but it seems to us that the dynamics underlying their relationship are largely ignored. The scarcity argument underpins a lot of speculative activity in BTC and other cryptocurrencies - hence ignoring the related dynamics is probably not a very go...Read More
The Wingsuit Test of 1912Late last year press reports informed us that by October, the number of active accounts at US cryptocurrency exchange Coinbase* had exceeded the number of accounts at Charles Schwab, one of the oldest US discount brokers, by 1.1 million. The report was dated November 27, by which time the number of accounts had just soared by another 1.6 million. We felt reminded of the fi...Read More
Prices for CIS-origin hot-rolled coil (HRC) and cold-rolled coil (CRC) remain high, with producers almost sold out of February-rolled material."The market is frozen because mills don't have material," a trader told Metal Bulletin on Monday January 22. He added that it was possible to buy CRC from Russian mills, but HRC was totally sold out.Meanwhile, March-rolled material was available from Ukrain...Read More
CloseGain/LossGold $1334.60+$2.40Silver$17.01-$0.01XAU88.31+0.38%HUI197.66+0.37%GDM663.51+0.15%JSE Gold1268.77-28.92USD90.39-0.28Euro122.60+0.41Yen90.10-0.32Oil$63.49+$0.1210-Year2.660%-0.001T-Bond148.75-0.25Dow26214.60+0.55%Nasdaq7408.03+0.98%S&P2832.97+0.81% The Metals: Gold waffled between $1335.60 and $1328.60 in Asia before it climbed back up to $1335.50 in late morning New York trade...Read More