A new report released by BMI Research states that global nickel ore production growth will continue to accelerate in 2018 as major producer countries see a recovery in production levels following subdued output in 2017."We forecast world nickel production to grow by an annual average rate of 3.5% over 2018-2027, slightly slower than the 3.5% average rates achieved during 2008-2017, which were boos...Read More
Westshore Terminals Investment Corp. (TSX:WTE) made the Globe and Mail's weekly column about the most overbought and oversold stocks on the TSX. Despite losing approximately 7% of its value between March 5 and 9, investors can rest assured that this was President Trump's doing.The company went seven months without its stock trading below $22; however, one tweet from from President Trump about tar...Read More
Rio Tinto's growth and innovation group executive Steve McIntosh agrees miners are in a big fight with competing industries for the technical skills they need to maximise returns from smart machines, and data, but it's one he doesn't feel they need to back away from.Richard Roberts in Toronto Work in progress: Rio Tinto's remote operations centre in Western Australia10 MARCH 201810/03/2018comm...Read More
You have probably heard of the Milgram Experiment. Stanly Milgram wanted to see how obedient ordinary people were to authority figures. So he got participants to sign up for an experiment on learning.The unwitting participants were given control over an electric shocker. The nodes were hooked up to an actor who the participants thought was also a random participant. The participant was supposed to...Read More
You have probably heard of the Milgram Experiment. Stanly Milgram wanted to see how obedient ordinary people were to authority figures. So he got participants to sign up for an experiment on learning.The unwitting participants were given control over an electric shocker. The nodes were hooked up to an actor who the participants thought was also a random participant. The participant was supposed to...Read More
CloseGain/LossOn WeekGold $1323.50+$1.40+0.12%Silver$16.58+$0.10+0.42%XAU78.90-0.09%+0.19%HUI172.92-0.36%-0.04%GDM603.40-0.33%+0.24%JSE Gold1126.62+6.28+1.72%USD90.13UNCH+0.21%Euro123.08-0.07-0.16%Yen93.69-0.46-1.02%Oil$62.04+$1.92+1.29%10-Year2.897%+0.037+1.29%Bond144.0625-0.53125-0.17%Dow25335.74+1.77%+3.25%Nasdaq7560.81+1.79%+4.17%S&P2786.57+1.74%+3.54% The Metals: Gold fell $9.20 to $1...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort245,58761,76462,811153,421358,324461,819482,899Change from Prior Reporting Period -6,394-11,499-9,206-8,106-2,999-23,706-23,704Traders18379865062267196 Small Speculators LongShortOpen Interest 46,28125,201508,100 -1,054-1,056-24,760 non reportable positionsChange from the previou...Read More
- International Women's Day highlights the underreported UK Women's pension crisis- 2.66 million affected by UK government's change to state pension act- Women's pension crisis is one of many in the UK, where there is a ?710bn deficit for prospective retirees- Changes by government highlights the counterparty risks pensions are exposed to- Global problem as pensions gap of developed countries gr...Read More
The European central bank seems to have adopted a middle of the road strategy in light of Trump's tax uncertainty. Traders were looking for an aggressive stance by the ECB on monetary withdrawal but were disappointed. The Euro fell and the US dollar gained. Gold fell following the US dollar gains. If US nonfarm payrolls comes in over 200,000 then gold and silver can fall more. I do not expect an...Read More
As the American stock market anxiously waits for answers about tariffs and interest rates, Daniel Pinto predicts a substantial correction is on its way.Read full newsRead More
FTSE 100 back in the blackNon-farm payrolls rose by 313,000 in February, which was the biggest monthly gain since July 2016.GKN surges after agreeing to combine its Driveline business with Dana IncorporatedThe US economy rode like the cavalry to the rescue of UK equities today.The FTSE 100 index closed at 7,225, up 21 points, having fallen as low as 7,190 at one point."The US continues to create j...Read More
A new report released by BMI Research states that global nickel ore production growth will continue to accelerate in 2018 as major producer countries see a recovery in production levels following subdued output in 2017."We forecast world nickel production to grow by an annual average rate of 3.5% over 2018-2027, slightly slower than the 3.5% average rates achieved during 2008-2017, which were boos...Read More
Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the timing of its 2017 fourth quarter and year-end earnings conference call scheduled for Friday, March 9, 2018.Read full newsRead More
Andrew Prelea, chief executive of Vast Resources PLC (LON:VAST) tells Proactive they've secured a two-week extension with Sub-Sahara Goldia Investments (SSGI) for the repayment date of a US$1.68mln bridging loan due.The announcement came as Vast told shareholders they've given Mercuria Energy Group another two weeks to finalise its pre-payment offtake.The offtake offer's for 100% of the copper and...Read More
SANTIAGO (Reuters) - Chile's government has asked antitrust regulators to block the sale of a stake in lithium company SQM to a Chinese company on the grounds the sale would give China an unfair advantage in the global race to secure resources to develop electric vehicles, according to a document seen by Reuters.Chile development agency Corfo, which oversees SQM's lithium leases in the Salar de At...Read More
A multidisciplinary and multiethnic team of scientists just published a paper in Nature where they explain the implications of having found calcium silicate perovskites contained within a tiny South African diamond.The gem was dug from the Cullinan mine, located 40 kilometres east of Pretoria, where the world's largest rough diamond was found in 1905. The mine was also the source of two of the lar...Read More
Carube Copper Corp. (TSXV:CUC) (the 'Company') is pleased to announce that the Company has increased the maximum amount of its private placement financing from $1.2M to $3.0M.Read full newsRead More
GCM Resources (LON:GCM) shares jumped 23% higher to 28p in late afternoon trading after the exploration group signed a joint development agreement with its strategic partner China Gezhouba Group International Engineering for the Phulbari Coal and Power Project in Bangladesh.The AIM-listed firm said the agreement outlines the parties' roles and responsibilities in pursuing approva...Read More
SANTIAGO, March 9 (Reuters) - Chile's development agency Corfo said on Friday that companies from China and South Korea, as well as Chile, had been approved to make investments of around $754 million in the red-hot lithium industry.The companies selected in a bidding process to develop technology focused on the lithium market were Chile's Molymet and China's Sichuan Fulin Industrial Group, a joint...Read More
Strong sell-off expected in the June quarterRead full newsRead More