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SMM Morning Comments (Feb 6)

February 06, 2017 / news.metal.com

SHANGHAI, Feb 6 (SMM) –Copper: We see firm support for SHFE copper at the 53,000 yuan/mt level with both sides of the market at a standoff. In the spot market, sellers were unwilling to let go their cargoes at big discounts as the price spread between the SHFE 1802 and 1803 contracts continued to expand. We expect spot copper to trade at a discount of 40 yuan/mt to a premium of 20 yuan/mt to...Read More

Palisade Announces Top 3 Uranium Stock Picks For 2017

February 06, 2017 / palisade-research.com

Palisade Research February 6, 2017 Category: Research Why do mining legends Rick Rule, Doug Casey, and Marin Katusa obsess over uranium when it is such a small component of the commodity market?Billionaires Mark Cuban and Robert Friedland have their chips stacked in the trade. Even Hong Kong's richest man Li Ka-shing is making a bet that uranium prices are set for an epic comeback.So what makes ur...Read More

Republicans Reeling in Fed?

February 06, 2017 / www.thedailybell.com

Republican attack on Fed casts doubt over global bank rules Trump-era co-operation uncertain as congressman criticises deals with 'foreign lands' ... The future of cross-border co-operation on bank regulation in the Trump era has been thrown into doubt, with domestic pressure mounting on the US Federal Reserve and a senior member of the House of Representatives calling on the central bank not to n...Read More

Taseko heads to court to try resurrecting New Prosperity

February 05, 2017 / www.mining.com

Taseko Mines (TSX:TKO) is not giving up on its plan to build a large copper-gold mine in north-central British Columbia, despite two earlier rejections by the Government of Canada.The Vancouver-based company last week appeared in Federal Court asking for a judicial review of the federal government's decision to reject, on environmental concerns, the New Prosperity Mine project located 125 kilomet...Read More

China plans to destroy an ancient Buddhist city to get the copper buried there

February 05, 2017 / www.mining.com

A recently excavated Buddhist stupa, or shrine, at Mes Aynak, 35 km south of Kabul. 2011 photo by Jerome Starkey, from Wikimedia Commons.Two Chinese state-owned mining companies plan to destroy an ancient Buddhist city in Afghanistan in order to get the copper underneath it, according to a new documentary. According to the film "Saving Mes Aynak," Metallurgical Group Corp. (MCC) and Jiangxi Copper...Read More

Gold / Silver / Copper futures - weekly outlook: February 6 - 10

February 05, 2017 / in.investing.com

Investing.com - Gold ended slightly higher on Friday, after the latest U.S. jobs report showing weak wage growth last month dampened expectations for a faster rate of interest rate hikes this year.Gold for April delivery settled up 0.2% at $1,221.85 on the Comex division of the New York Mercantile Exchange.The Labor Department said the U.S. economy added 227,000 jobs in January from the prior mont...Read More

‘The World Needs Globalization, It Needs Trade’

February 05, 2017 / www.thedailybell.com

‘If trade stops, war starts’ Alibaba founder who visited Donald Trump warns .. ‘The world needs globalisation, it needs trade’ ... Jack Ma met US President Donald Trump last month and announced his company would help create one million jobs in the US. -The IndependentThe question is whether Alibaba founder wants to implement trade by force or voluntarily. He doesn&#...Read More

SMM Evening Comments (Feb 5)

February 05, 2017 / news.metal.com

SHANGHAI, Feb 5 (SMM) – Nonferrous metals futures saw mixed trading today with rising SHFE tin and zinc. Nickel dropped close to 2% while lead was down 0.79%. Aluminium and copper also edged down.Ferrous futures prices, however, rose across the board with coke almost 5% higher. Coking coal was up over 4% and iron ore was up 2.5%. Both rebar and hot-rolled coil registered small gains.Copper:...Read More

Copper scrap prices drop further on cashflow need

February 05, 2017 / news.metal.com

SHANGHAI, Feb 5 (SMM) – Copper scrap spot prices fell 100 yuan/mt on Monday February 5 as demand remained sluggish ahead of Chinese New Year.The 1# bare bright copper in Guangdong province traded at 46,400-46,700 yuan/mt, down from 46,500-46,800 yuan/mt last Wednesday, SMM learned. Some sellers had to let go of their cargoes at lower prices due to cashflow requirements before Chinese New Yea...Read More

Data: SHFE, DCE market movement (Feb 5)

February 05, 2017 / news.metal.com

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SMM Morning Comments (Feb 5)

February 05, 2017 / news.metal.com

SHANGHAI, Feb 5 (SMM) –Copper: Better-than-expected nonfarm payrolls in the US boosted the dollar but we expect the greenback to be weaker in the longer term, which is bullish for copper prices. While weaker physical consumption in the near term could drag down copper prices, a major Chinese fund has long positions further down the curve. We see SHFE copper firmly supported at the 52,500-53,...Read More

‘The World Needs Globalization, It Needs Trade’

February 05, 2017 / www.thedailybell.com

‘If trade stops, war starts’ Alibaba founder who visited Donald Trump warns .. ‘The world needs globalisation, it needs trade’ ... Jack Ma met US President Donald Trump last month and announced his company would help create one million jobs in the US. -The IndependentThe question is whether Alibaba founder wants to implement trade by force or voluntarily. He doesn&#...Read More

Ashleigh Quint Biosignature analysis body fat testing

February 05, 2017 / www.youtube.com

For more information about this test go to Ashleigh's web page http://upliftforyou.com/This is behind the scenes at a shoot for ASFTVANGT, LLC America's Next Great Trainer A marketing and promotional plat form for trainers, coaches and instructors. Sharing their passion, knowledge, and skills to educate and motivate you toLive positive, healthy, fit, confident & STRONG!Website: Whether the goal is...Read More

Whitehawk singers @brandon pow wow 2017

February 05, 2017 / www.youtube.com

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Skeena Resources - Rediscovering Lost Treasure in the Golden Triangle

February 04, 2017 / www.youtube.com

Skeena Resources - Rediscovering Lost Treasure in the Golden TriangleSkeena Resources Limited is a junior Canadian mining exploration company focused on developing prospective base and precious metal properties in the Golden Triangle region of northwest British Columbia, Canada. The Company's primary activities are the evaluation and development of the Spectrum-GJ gold-copper project as well as ex...Read More

Trump’s Complications in Draining the Swamp

February 04, 2017 / www.thedailybell.com

How Big Government Has Outlasted Presidents for a Century ... Trump's recent flurry of executive orders mandates that for every new regulation issued by any agency, two must be eliminated. This comes on top of a federal hiring freeze and vows to reduce administrative bloat and otherwise force the government bureaucracy to conform to the kinds of expectations that govern private business. While T...Read More

Trump’s Complications in Draining the Swamp

February 04, 2017 / www.thedailybell.com

How Big Government Has Outlasted Presidents for a Century ... Trump's recent flurry of executive orders mandates that for every new regulation issued by any agency, two must be eliminated. This comes on top of a federal hiring freeze and vows to reduce administrative bloat and otherwise force the government bureaucracy to conform to the kinds of expectations that govern private business. While T...Read More

Game Theory: Who is W.D. Gaster? (Undertale)

February 04, 2017 / www.youtube.com

Don't Miss Part 2, Subscribe! ?-??-? http://bit.ly/1qV8fd6Why I Gave the Pope Undertale ?-??-? http://bit.ly/2l4NceUWatch us Fight Gaster in this Fan Game ?-? http://bit.ly/2kA3WtQSince Undertale's release, one question has plagued the fan base - Just who is W. D. Gaster? And why don't I ever find this mystery man? Many have speculated that it was just a little code that Toby Fox threw in last min...Read More

Canadian mining companies dominate 2017 OTCQX Best 50 ranking

February 03, 2017 / www.mining.com

Toronto-based mineral company Cordoba Minerals Corp., which trades on the OTCQX market under the symbol "CDBMF," topped the ranking with a total return of 266% for the year. Other Canadian mining companies that made the ranking this year include: Endeavour Mining Corp. (OTCQX: EDVMF), Fotescue Metals Group Ltd. (OTCQX: FSUGY) and Continental Gold Inc. (OTCQX: CGOOF).The OTCQX Best 50 is an annual...Read More

Talks between BHP, Escondida workers to resume as Gov't steps in

February 03, 2017 / www.mining.com

Negotiations between BHP Billiton (ASX:BHP) and unionized Chilean workers at its Escondida mine, the world's biggest copper operation, are set to resume as soon as Monday, as the company has requested government mediation to avoid a looming strike.About 2,500 workers at the mine this week rejected the last company wage offer and opted instead to down their tools. However, a union representative t...Read More

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