Red Kite is undergoing a restructuring process "to consolidate regulatory oversight" but day-to-day operations were not affected, with all funds and the physical copper business performing "well in line with expectations," it confirmed on Wednesday January 17. Metal Bulletin reported earlier this month that London-based RK Capital Management LLP had entered into a restructuring review that "m...Read More
Usually I'm loathe to stick out price targets on the markets, especially gold and silver, because of the undeniable market intervention of the Central Banks - market manipulation which is blatant to the point at which it is now denied only by card-carrying idiots.Gold and silver had a sharp run-up in the last two weeks of 2017. However, the abrupt move in gold was accompanied by a rapid rise in th...Read More
The primary aluminium market was in a deficit of 1.57 million tonnes for the first 11 months of last year, driven mainly by soaring demand, the World Bureau of Metal Statistics said on Wednesday January 17. This represents a substantial increase from the 770,000 tonne deficit recorded for the whole of 2016, according to the release. Global demand growth, at 2.6%, in January-November 2017 outpaced...Read More
South African manganese ore producers face delays of up to two weeks to ship material after derailments disrupted deliveries to the country's Saldana port. "Derailments caused severe delays; shipments have been pushed back by two weeks," one miner told Metal Bulletin. A second supplier source said he was unable to book material because shipping slots had not been confirmed. South African state tra...Read More
Blue Sky Uranium (BSK.V) has released the assay results from more infill drill holes which were completed at the Ivana uranium target, one of the main zones of the Amarillo Grande uranium-vanadium project in Argentina.The real eye-catchers were the assay results with 1 meter of 10,517 ppm U308, as well as 2 meters of 8,618 ppm and several other 1 meter intercepts with an average grade of in excess...Read More
Bell Copper (BCU.V) and its joint venture partner Rio Tinto (RIO) have initiated a second phase drill program at the Kabba copper project in Arizona. The JV partners are testing the theory of Bell Copper's CEO, Tim Marsh, there might be a large copper porphyry system beneath the surface.A first phase drill program was completed in September and all (five) holes intersected oxidized and leached cap...Read More
Nighthawk Gold's exploration camp in Canada's Northwest Territories. Source: Nighthawk Gold Corp.Nighthawk Gold Corp. [NHK-TSXV, OTC-MIMZF] on Wednesday January 17 released impressive results from a 2017 exploration campaign at its 100%-owned Colomac Gold Project in the Northwest Territories.Nighthawk Gold is taking a fresh look at Colomac amid speculation that former operator Royal Oak Mines may...Read More
Power Americas Minerals Corp. (TSXV:PAM) is targeting cobalt-rich, lower silver mineralization hosted within an extensive fracture zone, which differentiates the Company from its peersSmallCapPower | January 17, 2018: Power Americas Minerals Corp. (TSXV:PAM) on January 16, 2018, announced drill results from the first seven-hole program (161m) from Kittson in the Cobalt camp. Since the holes were d...Read More
Canopy Growth Corporation (TSX:WEED) to supply PEI, as well as expands its presence in AustraliaSmallCapPower | January 17, 2018: Canopy Growth Corporation (TSX:WEED) announced Tuesday two MOUs (Memorandum of Understandings), one with the Province of Prince Edward Island (PEI), Canada for the supply of cannabis and the other with the Victoria State Government, Australia to collaborate on the resea...Read More
The Turkish steel mills extended their silence in the deep-sea scrap markets on Wednesday January 17, because of tight supply in the US and high prices, according to market participants.The mills were expected to book more cargoes for February, but the weak demand for their finished goods was keeping them out of the market.Meanwhile, the heavy winter conditions along the US East Coast...Read More
We learned from Larry Phillips, President and CEO of Compass Gold Corp. (TSX-V:CVB) that they are essentially a relaunched company on the Toronto stock exchange. Through the recent acquisition of Mali Gold Exploration Pty Ltd (MGE) and its Malian subsidiaries, Compass Gold holds five gold exploration permits, located in three sites in southern Mali with a combined land holding of 1,179 km that com...Read More
White Rock Minerals (ASX: WRM) is an Australian minerals exploration and development company, with projects located in central Alaska and eastern Australia. Their main focus in 2018 will be in Alaska at their globally-significant, advanced zinc-silver-gold VMS Red Mountain project in Alaska, with high grade zinc and silver in two deposits already discovered.We learned from Matthew Gill, Managing D...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop CSE New Listing - Coronet Metals Inc. (CRF) January 17, 2018 (Investorideas.com Newswire) The common shares of Coronet Metals Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at thecse.com on the trading dat...Read More
Comex copper prices declined for the fourth consecutive session on Wednesday January 17 morning in the US, with the red metal facing a strong bout of speculative selling.Copper for March settlement on the Comex division of the New York Mercantile Exchange dipped 2.85 cents or 0.9% to $3.1910 per lb. Trading has ranged from $3.1865 to $3.2210."Rising global stock levels, stale-long liquidations amo...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Bluestone Resources (TSXV: BSR) Commences Flow Test Program at the Mita Geothermal Project Vancouver, British Columbia - January 17, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Bluestone Resources Inc. (TSXV: BSR) ("Bluestone" or the "Company") is pl...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop One World Minerals (CSE: OWM) Announces Name Change to One World Lithium Vancouver, British Columbia - January 17, 2018 (Newsfile Corp.) (Investorideas.com Newswire) One World Minerals Inc. (CSE: OWM) (the "Company") announces it will change its corporate n...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Junior E&P Begins Drilling in Oklahoma's STACK in Area with Monster Well PotentialSource: Streetwise Reports January 17, 2018 (Investorideas.com Newswire) A junior E&P with prime land in Oklahoma's STACK play uses a land swap to jump-start its drilling in a...Read More
The tale of how to catch a wild pig deserves more detail.A smart farmer knew that if he went out with his dogs and nets and cattle prods to capture wild pigs that the pigs would run amok. It would take tremendous energy to round them up. They would violently resist. Some would get away. Some would fight back and possibly injure him or his dogs.And when he finally got them in the pen, his troubles...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop 'Grossly Undervalued' Miner Enters 2018 with Abundant News about Its Argentinian ProjectsSource: Streetwise Reports January 17, 2018 (Investorideas.com Newswire) A small-cap miner moving forward on its prospects in Argentina has caught the attention of seve...Read More
The EU's domestic prices for hot-dipped galvanized coil (HDG) were largely unchanged this week, but they are expected to rise in late January, sources have told Metal Bulletin.The price rise will be driven by positive trends in domestic hot-rolled coil (HRC) and cold-rolled coil (CRC) in the EU and limited imports.Metal Bulletin's weekly price assessment for domestic HDG in Southern Europe was ?,?...Read More