Cobalt prices continued their steady ascent last week, while opportunities to pick up more cheaply-priced units ran thin. But slower spot activity ahead of the Chinese New Year holiday and buyers' reluctance to overstock at high prices served to limit the pace of the rally, market sources noted. Metal Bulletin assessed low-grade cobalt prices at $37.25-38.50 per lb, in-warehouse, on Friday Fe...Read More

Drilling at the Bolo Project northeast of Tonopah, Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin out comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX], released an update February 5 on exploration at its Bolo gold project northeast of Tonopah, Nevada. Shares of Allegiant, which is owned 16.7% by Columbus, rallied on th...Read More

By selling its stake in the U.S.-based company, Aphria Inc. (TSX:APH) seems to be trying to avoid issues with Canadian regulators as well as the TSXSmallCapPower | February 5, 2018: Aphria Inc. (TSX:APH) on February 2, 2018, announced a deal to divest its holding in Arizona-based marijuana company Copperstate Farms to Liberty Health Sciences Inc. (CSE:LHS) for a total consideration of $20 million...Read More

Chinese silicon export prices rose again in the pricing session last week due to continuing dollar weakness and tightening spot availability. The weakening dollar has forced Chinese silicon exporters to frequently refresh their quotations in the past week to keep their order book balanced. The dollar index was recently at 89.07, down on Friday but up slightly from a low of 88.43 on January 25. Met...Read More

The Turkish scrap import market was still silent at the beginning of this week, with the country's steel mills still in negotiations with suppliers, sources said on Monday February 5.The steel producers in Turkey had returned to the deep-sea scrap market at the end of last week for three deep-sea cargoes from the United States and the UK.Two steel mills booked US cargoes at...Read More

South Africa urgently needs to get investment back on the agenda, according to the deputy chairman of Anglo American South Africa. Speaking during the annual Mining Indaba in Cape Town, Norman Mbazima said that while South Africa may have one of the world's most endowed mining jurisdictions, it has not been able to bring this endowment to account. "We need to attract capital for South Africa's min...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Aura Silver (TSXV: AUU) Reports Complete Significant Grab Sample Assay Results Taken Over Past Four Years on Greyhound Project, NUUp to 103 Grams Au per Tonne Manotick, Ontario - February 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Aura Silver Res...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Vatic (TSXV: VCV) (FSE: V8V) Qualifies for Graduation to Tier 2 of the TSX Venture Exchange Vancouver, British Columbia - February 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Vatic Ventures Corp. (TSXV: VCV) (FSE: V8V) (the "Company" or "Vatic") i...Read More

Comex copper prices diverged from equity markets and returned to positive territory on Monday February 5, with the global environment remaining solid for the base metals group. 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 selloff in equity markets...Read More

Teenagers already live in a dystopia. Their lives are controlled by the government and their parents. If legal adults were treated like American teenagers, that government would be considered one of the most oppressive on Earth.The government requires 6-16-year-olds to attend a government institution that subjects them to unconstitutional searches. Here, in public schools, they must ask permissio...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Duran Ventures (TSXV: DRV) Signs Mineral Purchase Agreement for High Grade Copper Toronto, Ontario - February 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Duran Ventures Inc. (TSXV: DRV) ("Duran" or the "Company") is pleased to announce that the Co...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop From the Heart: Own Precious MetalsSource: Michael J. Ballanger for Streetwise Reports February 5, 2018 (Investorideas.com Newswire) Michael Ballanger discusses the latest developments in the precious metals sector.One of the things from which I occasionall...Read More

Base metals traded on the London Metal Exchange are off to a slightly negative start this week, posting an average loss of 0.4% this morning, Monday February 2. Nickel (-0.8%) is down the most, while tin (+0.3%) is the only base metal showing a gain.Volume has been fairly low with 4,947 lots traded as of 05.01 am London time.The downward pressure across the complex seems to be driven by a further...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Copper Mine Developer Closes US$30M Financing, Secures Most of Equity Part of Capex, UIC Permit Process Takes Bit LongerSource: The Critical Investor for Streetwise Reports February 5, 2018 (Investorideas.com Newswire) The Critical Investor provides updates...Read More

When to Sell?The common thread running through the collective minds of present U.S. stock market investors goes something like this: A great crash is coming. But first there will be an epic run-up climaxing with a massive parabolic blow off top. Hence, to capitalize on the final blow off, investors must let their stock market holdings ride until the precise moment the market peaks - and not a...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Escape from It All, With a Gold Mining Stock in ParadiseSource: Clive Maund for Streetwise Reports February 5, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund charts a company developing a gold mine on Fiji.Lion One Metals Limited (LIO:TSX.V...Read More

Demand for flat steel will remain moderate in Turkey in February and price increases are unlikely because raw material prices are falling and end-user demand is unremarkable, market participants told Metal Bulletin.Metal Bulletin assessed the price of hot-rolled coil (HRC) at $630-635 per tonne ex-works on Friday February 2, down at the high end from $630-640 per tonne in the previous assessment b...Read More

CloseGain/LossGold $1336.30+$4.50Silver$16.70+$0.10XAU83.07-0.96%HUI185.80-1.19%GDM633.83-1.41%JSE Gold1200.17-28.72USD89.60+0.44Euro123.92-0.67Yen91.37+0.52Oil$64.15-$1.3010-Year2.731%-0.107T-Bond146.53125+1.75Dow24345.75-4.60%Nasdaq6967.53-3.78%S&P2648.94-4.10% The Metals: Gold gained $6.80 to $1338.60 in London before it drifted back towards unchanged in New York, but it then jumped to...Read More

With the Chinese economy slowing down and steel margins being squeezed by higher raw materials costs and lower finished steel prices, the prospects for 2018 do not exactly look rosy.But pressures on the domestic housing market are easing and industrial growth is still above 6%, so with the Chinese New Year just around the corner, it's probably best to wait until after the celebrations to...Read More

Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More