Cobalt 27 Capital Corp. (TSXV: KBLT; FSE: 27O) is a minerals company that offers pure-play exposure to cobalt, an integral element in key technologies of the electric vehicle and battery energy storage markets. The company holds physical cobalt and is also focused on growing a cobalt-focused portfolio of streams, royalties and direct interests in mineral properties containing cobalt. We learned fr...Read More
Comex copper prices were lower on the morning of Friday January 12, with volumes small ahead of the US holiday weekend.Copper for March settlement on the Comex division of the New York Mercantile Exchange dipped by 0.45 cents or 0.1% to trade recently at $3.2285 per lb. The trading range so far has been between $3.2180 and $3.2490 per oz."Copper is comfortably consolidating," Metal Bulletin analys...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop TerraX (TSXV: TXR) Acquires Ptarmigan Mine Property on Eastbelt, Yellowknife City Gold Vancouver, British Columbia - January 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to r...Read More
Base metals prices on the London Metal Exchange are generally higher this morning, Friday January 12, with prices fairly uniformly up between 0.5% and 0.6% - apart from tin prices that are down 0.1% at $20,159 per tonne. Three-month copper prices are up by 0.5% at $7,167 per tonne and zinc prices have been as high as $3,405 per tonne, which is a fresh multi-year high.Volume has been average, with...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Optimum Entry Point for Gold and Silver StocksSource: Clive Maund for Streetwise Reports January 12, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund discusses why he believes a massive new sector bull market is about to begin in gold and sil...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Spearmint (TSXV: SRJ) (OTCBB: SPMTF) closes acquisition of two BC mineral properties Vancouver, British Columbia - January 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Spearmint Resources Inc. (TSXV: SRJ) (OTCBB: SPMTF) (FSE: A2AHL5) ("SRJ" or the...Read More
Parenting for Freedom article series: This is the fourth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.If you're a freedom-loving parent, you're probably doing all you can to give your children autonomy in their own lives. You're t...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices retreated on Friday, to around $78 per tonne, following weakness in China's steel market, and after the potential for supply disruptions as a result of a cyclone in Australia reduced significantly.Seaborne coking coal prices were firm at the end of the week, with fob Australia...Read More
Offer prices for South Korea-origin commercial grade hot-rolled coil (HRC) to India have increased by $25 tonne to $640-645 per tonne cfr Mumbai for shipments in March, Metal Bulletin heard on Friday January 12.This compared with offers made late in December at $615-620 per tonne cfr Mumbai.One Mumbai-based importer, while confirming the offers, said that the bids against the offers were in the ra...Read More
Controlled InflationAmerican consumers are not only feeling good. They are feeling great. They are borrowing money - and spending it - like tomorrow will never come. After an extended period of indulging in excessive moderation (left), the US consumer makes his innermost wishes known (right). [PT] On Monday the Federal Reserve released its latest report of consumer credit outstanding. A...Read More
Export prices for Latin America-origin cold-rolled coil (CRC) went up this week, while prices for hot-rolled coil (HRC) were flat amid renewed offers from Brazil.Metal Bulletin's weekly assessment of Latin America's CRC export prices increased to $670-685 per tonne fob on Friday January 12, compared with $635-640 per tonne fob a week earlier.Meanwhile, Latin America's HRC export prices...Read More
The Vote Buying MirrorOur readers are probably aware of the influence the US election cycle has on the stock market. After Donald Trump was elected president, a particularly strong rally in stock prices ensued. Contrary to what many market participants seem to believe, trends in the stock market depend only to a negligible extent on whether a Republican or a Democrat wins the presidency. The mar...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices retreated on Friday, to around $78 per tonne, following weakness in China's steel market, and after the potential for supply disruptions as a result of a cyclone in Australia reduced significantly.Seaborne coking coal prices were firm at the end of the week, with fob Australia...Read More
Domestic prices for rebar in Poland have increased over the past week due to higher scrap costs, sources told Metal Bulletin on Friday January 12.Metal Bulletin's weekly price assessment for domestic 12mm B500B-grade rebar in Poland was 2,240-2,300 zloty ($643-661) per tonne ex-works on January 12, compared with 2,220-2,270 per tonne ex-works a...Read More
China's finished steel exports fell by 30.50% in 2017, mainly due to higher domestic prices diverting volumes from overseas markets. The country shipped 75.43 million tonnes of finished steel in 2017, down 30.50% from 108.43 million tonnes in 2016, according to preliminary Chinese customs data released on Friday January 12. In December,...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices retreated on Friday, to around $78 per tonne, following weakness in China's steel market, and after the potential for supply disruptions as a result of a cyclone in Australia reduced significantly.Seaborne coking coal prices were firm at the end of the week, with fob Australia...Read More
Scrap prices in the world's major markets except the United States continued to strengthen in the week from Monday January 8 to Friday January 12 amid low supplies of material.Turkish steel mills resumed their deep-sea scrap bookings at the beginning of the week and have now booked three deep-sea cargoes from the Baltic Sea region.Turkey importsTurkish steel mills booked deep-sea cargoes from the...Read More
Domestic prices for ferrous scrap in Italy increased by ?,?10-15 ($12-18) per tonne this month following the positive trend in the international market, sources told Metal Bulletin.Metal Bulletin's monthly price assessment for domestic grade E3 scrap in Italy was ?,?290-310 ($348-372) per tonne delivered in January, up from ?,?275-295 per tonne delivered. And Metal Bulletin's monthly pri...Read More
Please Note: US Markets are closed on Monday for Martin Luther King Jr. Day. CloseGain/LossOn WeekGold $1338.00+$16.20+1.33%Silver$17.24+$0.26+0.23%XAU89.11+2.37%+1.97%HUI201.34+2.97%+1.62%GDM670.32+2.67%+1.27%JSE Gold1331.43+6.31+0.66%USD90.95-0.95-1.11%Euro122.06+1.74+1.36%Yen90.03UNCH+1.81%Oil$64.30+$0.50+4.65%10-Year2.548%+0.012+2.87%Bond150.46875+0.03125-0.97%Dow25803.19+0.89%+2.01%Nasda...Read More