Publisher's Note: We live in an unprecedented time, but we can rely on knowledge and experience nonetheless. That's why we're bringing you Mr. James Dines' analysis today.Read on for an excerpt from the latest edition of The Dines Letter to capitalize on his unique and authoritative view on debt, currency, and how gold is more important than ever.Call it like you see it,Nick Hodge"The creditor h...Read More
The miniDriller DM901HDE is the most compact drill rig for underground mines, according to its manufacturer, Aramine.Completing the company's equipment range for narrow vein mines, the DM901HDE has a diesel engine for tramming and an electric motor for drilling.The DM901HDE has a low center of gravity which gives an optimal stability and despite its narrowness, its two front stabilizers offer perf...Read More
Purepoint Uranium Group of Toronto has offered an update on work planned for the Hook Lake uranium project. Purepoint (21%) sat down with its joint venture partners Cameco (39.5%) and Orano Canada (39.5%) to review data and develop the next steps to advance the project.There are three areas of particular interest. The North Dragon area lies 800 metres west of and parallel to the Dragon shear zone....Read More
Toronto-based Seabridge Gold has signed a definitive agreement to acquire 100% of the Goldstorm project from Mountain View Gold Corp. The sale price will be paid with 25,000 common shares of Seabridge.The Goldstorm project is located about 3 km east of Seabridge's 100% owned Snowstorm property. It lies at the intersection of the Northern Nevada Rift, Carlin Trend and Getchell Trend. Little explora...Read More
Jun 05, 2019 Guest(s): Daniel Oliver Founder, Myrmikan Capital Gold hitting $3,000 isn't just a belief, it's a "monetary science", and will happen sooner or later said Dan Oliver, founder of Myrmikan Capital. Oliver said that the Federal Reserve has printed enough money to cause over-capacity in our economy and create a bubble that's ready to burst. "When the bubble is happening people don't nee...Read More
The benchmark copper price London Metal Exchange ended 1.5% lower on Wednesday June 5, leading the rest of the base metals lower.The three-month copper price closed at $5,807 per tonne, not far above its 2019-to-date low of $5,725 per tonne. "Our technical indicators suggest LME copper is still in a prevailing downtrend. We would not be surprised by renewed selling pressure," Fastmarkets base...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose sharply for a second day Wednesday, lifted by signals of a potential interest rate cut from the Federal Reserve. Apple (AAPL - Get Report) was higher after CEO Tim Cook told CBS News he didn't think the tech giant would be targeted by China should the ongoing trade war between...Read More
Tin flows into the London Metal Exchange late in May and June are beginning to put pressure on tin premiums basis the regions we follow, with the US ingot premiums narrowing downward on Tuesday June 4. An additional influx to LME Baltimore warehouses pressured US premium down. European premiums hold with futures prices closer to today's. Chinese premiums extend lengthy flatline trend....Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday June 5. Please click...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday June 5 that are worth another look.Nickel market analysts were resolutely bearish during a pricing panel at Fastmarkets' seventh International Nickel conference in Amsterdam on Wednesday June 5, forecasting that the London Metal Exchange three-month nickel price is unlikely to breach $13,000 per tonne this year. ArcelorMittal...Read More
The global alumina market has become more sentiment-driven over the past year and knee-jerk reactions have become more common, market sources told Fastmarkets.A significant part of this change was a consequence of the chaos that developed in the market after producer Norsk Hydro was compelled to declare force majeure at its Alunorte alumina refinery in Brazil in March 2018."If I look back, this is...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce it has expanded its 100% owned Larocque East property (the "Property"), home to the Hurricane uranium zone. The Hurricane zone is a new discovery of high-grade uranium mineralization located in the prolific eastern Athabasca Basin, Saskatchewan.Through staking on May 28th, 2019, the Company added a contiguous...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce the completion of the integration of its Mesh API intelligent content distribution platform with Bed Bath & Beyond and Buy Buy Baby, further expanding its list of Venzee Certified retailers.Venzee's channel partners can now connect their clients directly to Bed Bath & Beyond through Ve...Read More
Producer Norsk Hydro's underlying earnings before interest and taxes (Ebit) was Nkr 559 million ($64.3 million) in the first quarter of 2019, down from Nkr 3.147 billion in the same quarter last year. The company said the decline of over 80% mainly reflected lower realized aluminium prices, higher raw material costs and the effects of the production curtailment at its Alunorte alumina refinery. Un...Read More
By: Avi GilburtFirst, I want to begin this article by thanking all those who read my articles for the amazing outpouring of support and prayers for my wife who is recovering from a freak accident. So, with her sleeping right now, I thought I would pen another article to at least keep myself somewhat busy.Over the years, I have published many price trend change expectations which have hit quite w...Read More
Every dog has its day, and Tuesday's vicious short squeeze was a pooch-lover's delight. DaBoyz even managed to goose Tesla for a 9% gain. Although that won't be nearly enough to reverse the death spiral in the automaker's shares, it will suffice to spook traders who have been shorting the stock with impunity for the last couple of months. Scandal-plagued Boeing was a relatively modest gainer amo...Read More
Trading volumes will be very less in Asia and even in Europe due to "Eid". There has been lots of news which gives a sense that precious metals are about to move away from the shackles of continued manipulation. I am hopeful that gold and silver will draw more and more short-term investors as well as medium term investors. 1. China has issued travel warning to its citizens travelling t...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Gold was trading close to US$1,326 an ounce earlier, its highest point since late February.Meanwhile, China has issued a travel advisory on the US and is closely studying proposals to establish rare earth export controls, Bloomberg reported.Late yesterday, the US Commerce Department outlined a strategy to secure supply of critical minerals, including improving the government's understanding of dom...Read More
Key data from the Wednesday June 5 pricing session in Europe.Key drivers- The European ferro-titanium price fell for the second consecutive week after six weeks of stability. - Demand for ferro-titanium was muted short term, although one source said it had picked up over the past week.- One...Read More