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 gained $6.90 to $1,345.00 on Wednesday. The TSX Venture Exchange rose 6.02 points to 864.35 while the TSX Gold Index rose 1.02 points to 194.49. Endeavour Mining Corp. (EDV), which fell $3.30 Tuesday, regained 91 cen...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 ReporterWest Texas Intermediate crude for March delivery gained 23 cents to $64.73 on the New York Merc, while Brent for March gained three cents to $69.05 (all figures in this para U.S.). Western Canadian Select traded at a discount of $27.70...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:The TSX Venture Exchange added 6.02 points to 864.35 Wednesday. Brad Docherty and Eli Abergel's second shell graduate, Good Life Networks Inc. (GOOD), began trading today, opening at 30 cents and closing at 41.5 cents on 2.72 million shares. The company raised $9.2-...Read More
The latest news and price moves to start the Asian day on Friday February 2.The latest news and price moves to start the Asian day on Friday February 2.Lead prices on the London Metal Exchange were 1.7% higher at the close on Thursday February 1, with the metal continuing its fine performance since the turn of 2018. Read more here in our live futures report.Here are how LME prices looked at Thursd...Read More
ASX: DEGwww.degreymining.com.au Mr. Simon Lill reports:Mt Hawthorn, WA / February 2, 2018 / JMN Wire / De Grey Mining Limited (ASX: DEG) ("De Grey", "Company") is pleased to report on drilling programs at the Toweranna and Blue Moon prospects within the Pilbara Gold Project, located approximately 100km from Port Hedland, Western Australia. The Company is undertaking continued exploration for addit...Read More
Small modular reactors (SMRs) could provide valuable energy resilience for US federal sites as a secure, reliable, and flexible source of primary and backup power, a new report funded by the US Department of Energy (DOE) has found.Small Modular Reactors: Adding resilience at federal facilities was co-authored by Seth Kirshenberg and Hilary Jackler of law firm Kutak Rock with Brian Oakley and Wil G...Read More
Exelon Generation announced today that it has decided to retire its Oyster Creek nuclear power plant in New Jersey this October. The company had agreed with the state to shut the single-reactor plant by the end of 2019.Oyster Creek (Image: Exelon)In January 2010, the New Jersey Department of Environmental Protection (NJDEP) revised rules on water use such that once-through cooling is no longer all...Read More
Lead and tin were the only base metals on the London Metal Exchange to close the week in positive territory, while the rest of the complex came under pressure from a strengthening dollar.The three-month lead price continued to trade around a fresh six and a half year high and was at $2,680 per tonne at the 5pm close. "Data on the ground also supports the bullish LME lead market, which was often un...Read More
Peninsula Energy Ltd (ASX:PEN) has had its buy recommendation reiterated by New York based investment bank H.C. Wainwright & Co.The bank continues to forecast upside with a price target of $1.50 on the shares which are trading at $0.39.Its forecast is supported by Peninsula's long-term uranium contracts and its plan to transition operations at the Lance Projects in Wyoming to a lower pH soluti...Read More
Shigemoto Toma, who was Goldman Sachs' senior aluminium trader until November, is joining Macquarie bank in Singapore, Metal Bulletin understands. Toma will join Macquarie's base metals trading team on February 8 and will help the bank grow its physical...Read More
Deliverable zinc stocks at Shanghai Futures Exchange-approved warehouses increased 13,216 tonnes or 16.2% week on week to 94,769 tonnes as of Friday February 2. Metal Bulletin last assessed Shanghai-bonded zinc stocks at around 203,000-205,000 tonnes at the end of January, up 29.5% from 155,000-160,000 tonnes on January 3 and 92.5% compared to January 2017. Stock levels have predominantly be...Read More
Yesterday ahead of earnings, AMZN's stock dropped $60, with $30 of that drop occurring in the last hour of trading. It's almost as if market-makers, with their customary preview of the impending AMZN headline EPS report in hand, intentionally took the price down to set-up a short-trap. AMZN stock closed at $1390, down $60 from Wednesday's close.Shortly thereafter, AMZN's earnings headline...Read More
Finnish metal processing technology provider Outotec forecasts growth in demand for many metals, with sentiment in both the mining and metals industries expected to improve in 2018."In 2018, our target is to grow our sales as well as improve profitability. Together with improved market sentiment, global [trends] - such as resource efficiency, sustainability and digitization - provide us with good...Read More
Metal Bulletin has today discontinued five grades of zircon.After a consultation period, Metal Bulletin has today suspended the following five grades of zircon, effective February 2, 2018: Zircon, ceramic grade, bulk, CIF South Africa, $/tonneZircon, Ceramic grade, Bulk, FOB South Africa, $/tonneZircon, premium grade, bulk, FOB USA, $/tonneZircon, standard grade, bulk, FOB USA, $/tonneZircon stand...Read More
NextSource Materials (NEXT.TO) has put in a stellar performance in the past few weeks as its share price moved from C$0.06 in December to a high of C$0.22 earlier this week for an increase of 267%. Surprisingly, this happened without any relevant news (other than NextSource's announcement it has now also registered SuperFlake as registered trademark in Japan and whilst this is an excellent move to...Read More
Production of nickel intermediates will need to ramp up in order to meet forecast demand from the electric-vehicle (EV) sector, according to Anne Oxley, technical director of Brazilian Nickel. The nickel industry and supply chain is not structured to cater to the specific needs of EV battery manufacturers, delegates heard at the Advanced Automotive Battery Conference in Mainz, Germany, this week....Read More
Finnish metal processing technology provider Outotec forecasts growth in demand for many metals, with sentiment in both the mining and metals industries expected to improve in 2018."In 2018, our target is to grow our sales as well as improve profitability. Together with improved market sentiment, global [trends] - such as resource efficiency, sustainability and digitization - provide us with good...Read More
Preparing for the first blast for the twin declines at the Kakula box cut in November 15, 2017 in the DRC. Source: Ivanhoe Mines Ltd.It is often said that what investors fear most is uncertainty. It explains why shares of Ivanhoe Mines Ltd. [IVN-TSX, IVPAF-OTC] have fallen 26% this week (Jan29 - Feb2) amid reports about changes to the mining code in the Democratic Republic of Congo. These changes...Read More
The Hydropothecary Corporation (TSXV:THCX) has ambitious expansion plans that could make it among the top marijuana producers in CanadaSmallCapPower | February 2, 2018: The Hydropothecary Corporation (TSXV:THCX), a premium producer of cannabis focused on product innovation with ~20 medical cannabis products under four product lines (Decarb, H2, Time of Day and Elixir), announced recently the launc...Read More
Source: Gold Standard Ventures Corp.Gold Standard Ventures Corp. [GSV-TSX, GSV-NYSE AMERICAN], a company that is tipped to become one of Nevada's next gold producers, said one of its key shareholders has agreed to participate in a private placement financing deal in order to maintain its current share position in Gold Standard.The news comes just one day after Gold Standard said it is raising $20...Read More