Cobalt's boom days will continue for the next seven to 10 years amid strong demand from the electric vehicles sector as well as traditional cobalt consumers, according to Eurasian Resources Group (ERG) executive Tony Southgate. "Our view is that the cobalt boom is guaranteed for the next seven to 10 years," Southgate, head of strategic cobalt marketing at the Kazakh mining group, told Metal Bullet...Read More

The Turkish steel mills have returned to the deep-sea scrap markets for two US cargoes, after a short break for negotiations, sources said on Tuesday February 6.A steel mill in the Izmir region booked a US cargo on February 6, comprising 15,000 tonnes of HMS 1&2 (80:20) at $343 per tonne, 20,000 tonnes of shredded at $348 per tonne and 5,000...Read More

Turkish domestic auto bundle scrap prices have gone down slightly this week, while ship scrap prices have remained stable, sources told Metal Bulletin on Monday February 5.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) was TRY1,190-1,400 ($315-371) per tonne delivered on Monday, widening downward from last week's $1,210-1,400 per tonne.The slight change in the...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Target Prices Increased on Company Holding Large Inventory of Refined CobaltSource: Streetwise Reports February 6, 2018 (Investorideas.com Newswire) Experts discussed the reasons this company merits an increased target price: a rising cobalt price, the mark...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) stakes additional ground next to copper-zinc-manganese anomalies as staking rush occurs along its Black Diamond Property, Arizona Toronto, Ontario - February 6, 2018 (Newsfile Corp.) (Investorideas.com...Read More

Comex copper prices were pulled lower on Tuesday February 6 by a combination of the recent equity sell-off and a dollar increase. Copper for March settlement on the Comex division of the New York Mercantile Exchange gained 3.75 cents or 1.2% to $3.2250 per lb. The red metal dipped to a one-week low on Friday following a heavy sell-off in equity markets. "Judging by the limited pullback in the base...Read More

Do you have confidence in the government?Concerned about public confidence in the agency, the FBI didn’t want the FISA memo released. They didn’t want people to know their investigations are politically motivated.Now it’s come out that the Department of Homeland Security pressured CNN into delaying the release of a report until after the Superbowl. DHS was concerned public confid...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop M2 Cobalt (TSXV: MC) Exercises Option to Significantly Increase Acreage Around Its Silverside Cobalt Property in Ontario Vancouver, British Columbia - February 6, 2018 (Newsfile Corp.) (Investorideas.com Newswire) M2 Cobalt Corp. (TSXV: MC) (the "Company")...Read More

Mining investors in the Democratic Republic of Congo (DRC) are united in their desire to fight the country's new mining code, and could take legal action if they fail to reach a mutually-agreeable solution, according to the chief executive officer of Randgold Resources.Speaking during an interview with Metal Bulletin on a panel at the Mining Indaba conference in Cape Town, Bristow said that it was...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Avino Announces Results From Its Current Exploration Drill Programs On The Chirumbo, Guadelupe And San Juventino Areas Of The Avino Mine Property February 6, 2018 (Investorideas.com Newswire) Avino Silver & Gold Mines Ltd. (ASM:TSX/NYSE American, GV6: FSE,...Read More

The South African mining sector must strive to build a competitive, transformed and sustainable industry, the chairperson of the Council for Geoscience said at Mining Indaba in Cape Town this week. "While there may be tough choices and tradeoffs to be made, the South African mining industry must continue to thrive and to balance sustainability, competitiveness and transformation," Dr Humphrey Math...Read More

CloseGain/LossGold $1321.70-$14.60Silver$16.60-$0.10XAU82.10-1.17%HUI181.87-2.12%GDM620.26-2.27%JSE Gold1193.12-7.05USD89.71+0.11Euro123.77-0.15Yen91.34-0.03Oil$63.39-$0.7610-Year2.802%+0.071T-Bond145.625-0.0625Dow24912.77+2.33%Nasdaq7115.88+2.13%S&P2695.14+1.74% The Metals: Gold gained $9.70 to $1346.00 in early Asian trade and held most of those gains into London, but it then fell back o...Read More

Flat steel import prices in the United Arab Emirates and Saudi Arabia continued to increase this week, with demand being slightly better in the UAE, Metal Bulletin heard on Tuesday February 6.UAEHot-rolled coil (HRC) was being offered at $640-650 per tonne cfr from China, although buyers were bidding only $610-620 per tonne cfr.India offered the product at $650 per tonne cfr, with one buyer biddin...Read More

By Frank HolmesMonday's monster stock selloff is exhibit A for why I frequently recommend a 10 percent weighting in gold, with 5 percent in bullion and jewelry, the other 5 percent in high-quality gold stocks, mutual funds and ETFs.What began on Friday after the positive wage growth report extended into Monday, with all major averages dipping into negative territory for the year. The Dow Jones I...Read More

Watch this video: https://youtu.be/98eDtY6BqB4 Mike Maloney gives an update on the recent market volitility.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metal...Read More

Russian flat-steel producers keep offers for February-rolled material high despite low demand due to a possible price reduction for March-rolled products.Metal Bulletin's price assessment for Russian 4mm hot-rolled (HR) steel sheet increased to 42,500-43,000 roubles ($748-757) per tonne cpt Moscow, including value-added tax, on February 5 from 41,700-42,500 roubles per tonne cpt Moscow a week earl...Read More

By Ira EpsteinMetals lose "safe haven" bids as stock indices recover.https://www.iraepstein.com/ Read More

Carl Icahn is an American business magnate, investor, activist shareholder, and philanthropist. He is the founder and majority shareholder of Icahn Enterprises, a diversified conglomerate holding company based in New York City.Read More

Vancouver, BC - February 6, 2018: Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the "Company" or "Bonterra") is pleased to announce that the ongoing resource development program at the Gladiator Gold Deposit has extended the North, Footwall and Main Zones by 200 m down plunge to the east. High-grade intersections identified in step-out drilling east of the known mineralization de...Read More

We have seen the initial stage of a bull market in gold and other hard asset commodities which beginning in 2015 has already carried some small to mid cap gold stocks up 800% and more. But the majority of mining and exploration stocks have languished. Yet at the same time experienced shrewd investors have been accumulating the mining shares. The price weakness has offered patient value oriente...Read More