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
The latest metal markets news and price moves to start the North American day on Monday February 5.Base metals prices on the London Metal Exchange were largely consolidating during morning trading today after a broadly negative performance at the end of last week.Here is how the LME...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
European antimony prices rose on Friday February 2 amid continued tightness in availability ahead of Lunar New Year while prices in China remained stable in a quiet market. Metal Bulletin assessed MMTA standard grade II antimony in-warehouse Rotterdam prices at $8,300-8,500 per tonne on Friday, up from the midweek assessment of $8,250-8,500 per tonne. Trioxide grade antimony prices in-wa...Read More
Ascoval, a joint venture between the recently sold Ascometal and French tube & pipe producer Vallourec in northern France, is to continue production while a buyer is sought for the company, according to reports in the French press over the weekend.The future of Ascoval was put in doubt when majority shareowner Ascometal was taken over by Swiss special and stainless steel producer Schmolz + Bickenb...Read More
Northern MinerThe Young Mining Professionals (YMP) - a non-profit group with chapters in Vancouver, Toronto, Montreal and London, U.K. - has awarded its Mining Professional of the Year Awards for 2017 to Stephen de Jong, chairman of Vancouver-based gold-silver junior Integra Resources (TSXV: ITR), and Catherine Raw, executive vice-president and chief financial officer of Barrick Gold. (TSX: ABX; N...Read More
A new integrated stainless steel mill in India is likely to target its output to that country and the rest of Asia to meet growing demand there, market participants told Metal BulletinChina's Tsingshan Holding Group started the construction of the cold-rolling line at what will be one one of the largest stainless steel projects in India when completed, it said late last month.Tsingshan has formed...Read More
Feb 06, 2018 Guest(s): Doug Casey Best-selling Author The trending investment themes today, like cryptocurrencies and marijuana stocks, are too overbought to get in right now, said best-selling author Doug Casey. "I'm up maybe 50 to one on [bitcoin]" Casey told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "but I can't recommend something to people after it's gone...Read More
Feb 06, 2018 Guest(s): Frank Holmes CEO, U.S. Global Investors Bitcoin has fallen more than 60% since its December highs, but one prominent investor thinks that this is not a sign of the "bubble" bursting, and the largest digital currency still has more room to grow. "Bitcoin is a unique animal," Frank Holmes, CEO of U.S. Global Investors, told Kitco News on the sidelines of the Vancouver Resour...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Danielle DiMartino Booth discusses the massive market selloff and how the Federal Reserve will impact the economy if it continues to raise interest rates.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter Sh...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
Continue...Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's,...Read More
Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
VANCOUVER (miningweekly.com) – Takeover target Kennady Diamonds has started work on a 10 500 m 2018 winter drilling campaign at the Kennady North diamond project, in Canada's Northwest Territories.Subject to a friendly C$176-million takeover offer by TSX- and Nasdaq-listed diamond producer Mountain Province Diamonds that was announced last week, the diamond drilling is expected to...Read More
RAPAPORT... Fancy color diamond prices were flat in 2017, signaling someweakness in pink and yellow diamonds during the year, according to the FancyColor Research Foundation (FCRF). The overall index for fancy color diamonds edged up 0.1%,with fancy pink diamonds declining 0.8% and yellows down 1.8%, the organizationsaid. Fancy blue diamonds continued to outperform with their index, rising 5.9%dur...Read More
"We have looked at this question closely and are confident Abdul El-Sayed is qualified to run for governor of Michigan."Continue...Read More
China is moving soldiers and missile defense batteries to its border with North KoreaContinue...Read More
The United States Court of Appeals for the First Circuit gave us an interesting glimpse of the future last week when it ruled on an obscure case involving government pension obligations.Continue...Read More