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 lost $1.10 to $1,317.00 on Thursday. The TSX Venture Exchange lost 11.50 points to 819.19 while the TSX Gold Index rose 0.11 point to 181.74. Endeavour Mining Corp. (EDV) led Canadian gold miners higher, adding 58 ce...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 fell 11.50 points to 819.19 Thursday. Chris Tate has filed a final prospectus to list his first capital pool shell, Ring the Bell Capital Corp. The shell is selling a $300,000 to $800,000 initial public offerin...Read More
The latest news and price moves to start the Asian day on Friday February 9.Base metals prices on the London Metal Exchange mostly recovered from early morning lows at the close on Thursday February 8, but copper prices remained downbeat. Read more in our live futures report.Here are how LME prices looked at Thursday's close:Consumers of cobalt and lithium are expecting strong demand from the...Read More
The unnaturally-tranquil stock markets suddenly plunged over this past week. Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions. This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don't rally forever. With stock selling unleashed again, herd psychology will start shifting back to b...Read More
The unnaturally-tranquil stock markets suddenly plunged over this past week. Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions. This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don't rally forever. With stock selling unleashed again, herd psychology will start shifting back to b...Read More
Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.Base metalsThe London Metal Exchange's average daily volume was little changed for January 2018 from a year earlier but only when taking into account trading changes due to MiFID II. It was a tough week for the copper market - prices fell to their weakest since mid-December a...Read More
Lead was the only base metal traded on the London Metal Exchange to close in positive territory on Friday February 9, with the others falling while the dollar strengthened further.The three-month copper price hit its lowest since December 14 earlier today before closing back below $6,700 per tonne for the first time in 2018. "The copper price continues to unwind, touching its lowest in nearly eigh...Read More
Rio Tinto is continuing to assess the viability of the Jadar lithium-borate project in Serbia, which already hits a number of key criteria for approval, a senior executive at Rio Tinto told Metal Bulletin. "For us, Jadar is a great asset and has a by-product credit, which puts it at the lower end of the cost curve. We have to finalize the feasibility and pre-feasibility studies, and get board appr...Read More
Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.Base metalsThe London Metal Exchange's average daily volume was little changed for January 2018 from a year earlier but only when taking into account trading changes due to MiFID II. It was a tough week for the copper market - prices fell to their weakest since mid-December a...Read More
Rio Tinto is continuing to assess the viability of the Jadar lithium-borate project in Serbia, which already hits a number of key criteria for approval, a senior executive at Rio Tinto told Metal Bulletin. "For us, Jadar is a great asset and has a by-product credit, which puts it at the lower end of the cost curve. We have to finalize the feasibility and pre-feasibility studies, and get board appr...Read More
Fireweed Zinc (FWZ.V) is able to capitalize on a strong resource update on the Tom and Jason claims which are part of the Macmillan Pass as its previously announced C$10M private placement has now been upsized to raise C$12.5M (with an additional option for the agents to exercise a 15% overallotment option). The RCF Opportunities Fund has agreed to purchase 4 million shares of the financing, writi...Read More
Rio Tinto is continuing to assess the viability of the Jadar lithium-borate project in Serbia, which already hits a number of key criteria for approval, a senior executive at Rio Tinto told Metal Bulletin. "For us, Jadar is a great asset and has a by-product credit, which puts it at the lower end of the cost curve. We have to finalize the feasibility and pre-feasibility studies, and get board appr...Read More
Aurora Cannabis Inc. (TSX:ACB) reported a 200% surge in revenues for its second quarter of 2018SmallCapPower | February 9, 2018: Aurora Cannabis Inc. (TSX:ACB) Thursday reported a 200% YoY jump in revenues to $11.7 million for its second quarter of 2018, driven by higher patient numbers coupled with higher average sales price as well as strong growth in exports to Germany. Active registered pati...Read More
One of Almadex's company-owned diamond drills for exploring Mexican projects. Source: Almadex Minerals Ltd.Almadex Minerals Ltd. [AMX-TSXV, AXDDF-OTCQX] said Friday February 9 that it has received the final results from 2017 drilling at the company's El Cobre property, which is adjacent to the Gulf of Mexico, about 75 km northwest of the city of Veracruz, Mexico.Holes EC-17-043 targeted the Raya T...Read More
Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.Base metalsThe London Metal Exchange's average daily volume was little changed for January 2018 from a year earlier but only when taking into account trading changes due to MiFID II. It was a tough week for the copper market - prices fell to their weakest since mid-December a...Read More
As market turmoil hits both equities and cryptocurrencies, the heightened volatility in these assets underscores gold's unique role as a safe haven, store of value and portfolio diversifier.Stock Market SelloffsWith major US stock indices falling again sharply on Thursday (DJIA - 4.02%, NASDAQ - 4.08%, S&P -3.41%), last Monday's equity market selloff and spike in volatility looks set to be a m...Read More
Cameco's suspended McArthur River uranium mine in northern Saskatchewan. Source: Cameco Corp.Cameco Corp. [CCO-TSX; CCJ-NYSE] said Friday February 9 that it hopes patient investors will be rewarded after the Canadian uranium mining giant posted what analysts described as solid fourth quarter results.The company's net loss narrowed to $62 million, or 16 cents per share in the quarter ended December...Read More
The market in the United Kingdom for grade-5C ferrous scrap was unchanged this week, remaining stable while suppliers held firm their offer prices after steady losses in the previous three weeks.The market had been dropping since the price was last assessed on January 12, with suppliers cutting their offer prices in line with export demand.But an upturn in European export prices to the key destina...Read More
Turkish ferrous scrap import prices rebounded at the end of the working week of Monday February 5 to Friday February 9, boosted by expectations that finished steel demand is likely to bounce back soon.Import scrap prices in Taiwan are still trending downward on very limited demand before the Lunar New Year, while Indian import prices moved in the opposite direction due to an improved appetite for...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop An Update on the Future of Mining: Urban MiningSource: Clive Maund for Streetwise Reports February 9, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund reviews the charts of two urban miners that he views as strong buys.We took profits or part...Read More