The European ferro-molybdenum market has climbed almost 2.5% in trading by the midweek pricing session on Wednesday December 5, tracking a previous increase in the oxide market, with alloy prices now back to a level last seen on September 14. The ferro-molybdenum, basis 65%, in-warehouse Rotterdam price has risen to $29.50-29.70 per kg, from $28.80-29 per kg on November 30. Around 65 tonnes o...Read More
Gold futures notched a gain on Thursday, with the precious metal finding some haven demand alongside a weaker dollar index and sharp tumble in stock trading. "If gold was ever going to stage a meaningful rally it will be now: stocks and yields are falling and dollar is isn't doing too great either, apart from against commodity currencies, owing to the ongoing risk-off trade," said Fawad Razaqzada,...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") has entered into an agreement with Cormark Securities Inc., as lead underwriter on behalf of a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase, on a bought deal private placement basis, 6,818,000 flow-through shares of the company at a price of 44 cents per flow-through...Read More
Published 23 Hours AgoUpdated6 Hours AgoReuters Getty ImagesGold rebounded to a near 5-month peak on Thursday as the dollar declined amid expectations of a slowdown in the pace of U.S. rate hikes, with investors seeking refuge from a sell-off in global stocks.Spot gold rose 0.11 percent to $1,238.82 per ounce, having reached $1,244.32 per ounce, its highest since July 17. U.S. gold futures were 0...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce that the Company has achieved $219,120 in revenue from Black Friday 2018, a 246% increase over the same holiday in 2017.This major increase in revenue is largely due to the Company's recent shift in focus towards omnichannel retailing. The new revenue model unveiled earlier...Read More
(Updates with closing prices)By Peter HobsonLONDON, Dec 6 (Reuters) - Most industrial metals prices fellon Thursday and copper hit a three-week low after the arrest ofa top Chinese executive in Canada dampened hopes for aresolution to the U.S.-China trade conflict.The arrest of tech giant Huawei's finance chief forextradition to the United States cast doubt over a 90-day tradetruce struck on Satur...Read More
CloseGain/LossGold $1238.30+$0.10Silver$14.48-$0.04XAU66.35+0.28%HUI150.05+0.46%GDM547.61+0.20%JSE Gold1201.22+52.17USD96.74-0.26Euro113.86+0.46Yen88.79+0.05Oil$51.49-$1.4010-Year2.887%-0.025T-Bond143.5625-0.21875Dow24947.67-0.32%Nasdaq7188.26+0.42%S&P2695.95-0.15% The Metals: Gold chopped near unchanged in low volume trade yesterday before it fell back to $1234.90 in Asia today and then c...Read More
Christine Wang | Fred Imbert | Eustance HuangPublished6:36PM ET Wed,5 Dec 2018Updated1 Hour AgoCNBC.com show chapters Stocks whipsawed in a rollercoaster trading session — Here's what three experts say investors can do next 2 Hours Ago |03:34 Stocks closed well off their session lows on Thursday after news broke that the Federal Reserve could tighten monetary po...Read More
- What are "Fake Markets" and will they lead to another global financial crisis? - What do fake markets mean for stock and bond market performance in the future? - Is this the right time to re-balance portfolios and hold more cash and gold?In episode 9 of the Goldnomics Podcast, Stephen Flood GoldCore CEO talks to Francesco Filia CEO of Fasanara Capital and regular contributor to CNBC about his...Read More
Lots and lots of US economic data releases are there today and till 14th December. Most traders believe that the trend of metals and the US dollar Index will be set after the release of US nonfarm payrolls tomorrow. I do not think so. Next week also there can be trend changing US economic data releases like retail sales and GDP numbers. Physical demand of silver is there in India and Asia. But q...Read More
Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis. In addition, the cobalt sulfate, Co 20.5% min, China ex-works, adjustment to the low-grade cobalt low-end price at Co 20.5% basis is on a $ per lb basis. Fastmarkets MB prices Click here for Fastmarket MB's price asses...Read More
Oro Verde cited longrunning civil unrest in Nicaragua, though it retains ground in the Central American nation around Topacio and elsewhere.Oro Verde also needed to stump up about A$2 m...Read More
The Turkish deep-sea scrap import market was quiet on Thursday December 6, following a sharp price drop recorded the day before.A steel mill in the Marmara region on Wednesday booked a European cargo comprising 20,000 tonnes of HMS 1&2 (75:25), 12,500 tonnes of a mixture of plate and structural (P&S) and HMS 1, 5,000 tonnes of shredded and 2,500 tonnes...Read More
Key data from the Wednesday December 5 pricing session in Asia. Key drivers: Japanese buyers lowered their bid prices after they received more offers from European suppliers who were offering in Japan on waning demand in their normal markets. The price of scrap - the...Read More
Trench sampling at Evrim's Cuale Project in Jalisco, Mexico. Source: Evrim Resources Corp.Evrim Resources Corp. [EVM-TSXV] shares fell sharply in active trading Thursday December 6 after the company released initial drill results from its 100%-owned Cuale high sulphidation epithermal gold project in Jalisco, Mexico.The company said it has received assay results from four of the first five drill ho...Read More
The Moss gold-silver mine in western Arizona. Source: Northern Vertex Mining Corp.Northern Vertex Mining Corp. [NEE-TSXV; NHVCF-OTC] said Thursday December 6 that it has signed a definitive US$20 million silver streaming agreement with Maverix Metals Inc. [X-TSXV; MACIF-OTC] and has arranged a concurrent fully financed private placement that will generate US$8 million for the company.Greenstone Re...Read More
JP Ross PropertyWhite Gold Corp. (TSX.V: WGO, OTC - Nasdaq Intl: WHGOF, FRA: 29W) (the “Company) is pleased to announce additional Reverse Circulation ("RC") drill results and trenching results from the Vertigo target on the JP Ross property, Yukon, Canada. These results included a significant extension of the discovery Reverse-Air-Blast ("RAB") drill hole which extended the mineralization a...Read More
Comex copper prices sank to a multi-week low in the US morning on Thursday December 6 with the recent equity market downturn suppressing the entire base metals group. The copper price for March settlement on the Comex division of the New York Mercantile Exchange tumbled 4.30 cents to $2.7310 per lb. Earlier, the contract touched an intraday low of $2.7130, the weakest point since November 14. US e...Read More
Osisko Pine Point Mining Camp. Source: Osisko Metals Inc.Osisko Metals Incorporated (the "Company" or "Osisko Metals") [TSX-V: OM; FRANKFURT: OB51] is pleased to announce an updated Inferred Mineral Resource Estimate ("MRE") for its 100% owned Pine Point project, located near Hay River, in the Northwest Territories of Canada. The MRE was prepared by BBA Inc. and incorporates an open pit mining sce...Read More
Three-month base metals prices on the London Metal Exchange were weaker on the morning of Thursday December 6, with the complex down by an average of 0.9%. Continued weakness in equities, bond yields and increased trade tensions between the United States and China seem to be weighing on sentiment.Three-month zinc and nickel prices led the declines with drops of 1.3% and 1.2% respectively, while th...Read More