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Bitcoin regains its footing after recent selloff

February 27, 2019 / www.marketwatch.com

Bitcoin and major cryptocurrency prices traded higher on Wednesday, rebounding after recent stumbles. Bitcoin,BTCUSD, -0.21% the world's largest digital currency as it accounts for 52% of the total value of all coins, was last changing hands at $3,797.60, up 0.3% since Tuesday at 5 p.m. Eastern time on the Kraken exchange. Read: Stocks poised to fall a second session as global drama unsettles i...Read More

Saskatchewan best place to mine in Canada

February 28, 2019 / www.mining.com

The Fraser Institute has released its annual ranking of the best jurisdictions for mineral investment. Four of the top 10 places are Canadian provinces, with Saskatchewan in the lead with the No.3 spot.The institute released its Annual Survey of Mining Companies on Feb. 28, the 21st time it has compiled the rankings. Mining executives in 83 jurisdictions around the world weighed in on geological a...Read More

These Are Must-Watch Factors For Gold, Says Adrian Day

February 27, 2019 / www.kitco.com

Feb 28, 2019 Guest(s): Adrian Day The Federal Reserve's monetary policies are still the most important drivers of gold prices, this according to Adrian Day, CEO of Adrian Day Asset Management. "To me, one of the most important things, frankly, is the way the Federal Reserve has acted recently. When they saw the stock market volatility at the end of the last quarter, they blinked, and 'blink' is...Read More

Nemaska Lithium 'reviewing strategic alternatives' after budget blowout

February 28, 2019 / www.mining.com

Nemaska Lithium's (TSX: NMX) board of directors has appointed a special committee to review all strategic alternatives, after the company disclosed this month that it has been forced to revise the budget for the Whabouchi lithium mine and Shawinigan electrochemical plant up by C$375 million.Nemaska, which has received funding from the Quebec provincial and Canadian federal governments, is buildin...Read More

Bullish Sentiment Won't Prevent a Breakout in Gold

February 28, 2019 / www.miningfeeds.com

Back in 2013 I recall having a bearish view on the stock market due to extremely bullish sentiment readings. The market completely ignored that, made a major breakout through 13 year resistance and continued running for years.Lesson learned.Turning to Gold, we find something similar during major breakouts in 2005, 2007 and 2009. In the chart below we plot Gold along with its net speculative positi...Read More

We Can't Rely On Gold Prices, Says B2's CEO

February 27, 2019 / www.kitco.com

Feb 28, 2019 Guest(s): Clive Johnson President & CEO, B2Gold It could potentially be "dangerous" to rely on higher gold prices to be profitable as a miner, said Clive Johnson, CEO of B2Gold. "I've never been a gold bug, I've never believed that gold has to go higher, because I think that as a CEO of a gold mining company that would be a dangerous thing, because you could potentially do a deal th...Read More

Bannerman defines satellite dep. potential in drilling at Etango uranium

February 28, 2019 / tinyurl.com

Bannerman Resources Limited (ASX:BMN) has completed reconnaissance drilling of the Ombepo and R??ssingberg targets at its Etango Uranium Project in Namibia.The results from Ombepo have indicated thick zones of Etango-style uranium mineralisation with the potential for higher-grade blocks, confirming the possibility for a satellite feed for Etango. Drilling comprised eight reverse circulation...Read More

Dow Ends Lower as Stocks Slide on Slowing Growth - TheStreet

March 01, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended lower Thursday after U.S. economic growth slowed in the fourth quarter.J.C. Penney (JCP) posted stronger-than-expected fourth-quarter earnings and said it expects to be free-cash-flow positive in the coming year. The stock jumped 23.4%.Square (SQ)  rose 2.5% Thursday after the dig...Read More

LIVE FUTURES REPORT 28/02: Low volumes cap mixed LME base metals, Zn, Pb continue uptrend

March 01, 2019 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were mixed at the close of trading on Thursday February 28, with low volumes and narrow trading ranges coming amid a slight uptick in the US dollar index, while continued US-China trade optimism came up against slower than expected US economic growth. Climbing furthest over the afternoon, zinc's three-month price climbed more than 1% during afternoon...Read More

LIVE FUTURES REPORT 28/02: Comex copper price suffers from weak Chinese data

March 01, 2019 / www.metalbulletin.com

The Comex copper price was lower in the US morning on Thursday February 28 after soft Chinese manufacturing data dampened sentiment for the metal. The copper price for March settlement on the Comex division of the New York Mercantile Exchange inched down 0.45 cents to $2.9580 per lb. Overnight, China's manufacturing and non-manufacturing PMIs for February both disappointed at 49.2 and 54.3 respect...Read More

HKEX notes LME volumes' 'strong growth' in 2018 earnings; unveils strategic plan

March 01, 2019 / www.metalbulletin.com

Hong Kong Exchanges and Clearing (HKEX), owner of the London Metal Exchange, filed its 2018 earnings this week, reporting record LME volumes amid a 26% climb in profit after tax, while its forward-looking strategy earmarks asset diversification in its aim to become a global market leader.In its financial statement for 2018, the exchange operator recorded a revenue increase of 20% year on year at H...Read More

IN CASE YOU MISSED IT: 5 key stories from February 28

March 01, 2019 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Thursday February 28 that are worth another look.Hong Kong Exchanges and Clearing, owner of the London Metal Exchange, filed its 2018 earnings this week, reporting record LME volumes amid a 26% climb in profit after tax, while its forward-looking strategy earmarks asset diversification in its aim to become a global market leader.Th...Read More

Chilean copper output down 4.5% in January, INE says

March 01, 2019 / www.metalbulletin.com

Chile's copper production fell in January as the contained copper in each mined tonne diminished - as well as the refining output altogether - during the month, national statistics institute INE said on Thursday February 28.Output for the month totaled 460,064 tonnes of cathodes, concentrates and blister. This was down by 4.5% from 481,587 tonnes in the corresponding month a year before, and down...Read More

China's domestic stainless steel prices edge up amid bullish sentiment

March 01, 2019 / www.metalbulletin.com

Domestic stainless steel prices in China edged up further over the past week amid market participants' optimistic outlook.Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,100 yuan ($2,197-2,257) per tonne including value-added tax for the week ended Wednesday February 27, widening upward by 100 yuan per tonne from 14,...Read More

Consumers on sidelines of cobalt sulfate, tetroxide market, wary of falling global prices

March 01, 2019 / www.metalbulletin.com

Chinese battery materials producers, who are the largest consumers of cobalt sulfate and cobalt tetroxide, have hesitated in purchasing any cobalt salts this week amid rapid falling international cobalt metal prices.The resulting thin buying appetites have forced suppliers to lower their spot offer prices to facilitate sales. Fastmarkets assessed the Chinese cobalt sulfate, basis 20.5% Co market p...Read More

Rio rises in tepid markets

February 28, 2019 / www.mining-journal.com

Rio yesterday announced a record US$13.5 billion in returns to shareholders in its 2018 results, and finally confirmed its much-speculated Winu copper find in Western Australia's north.Among the acquisitive gold majors, Newmont Mining (NYSE: NEM) closed lower again in New York yesterday, down 2.66%.The company is in the sights of big game player Mark Bristow's Barrick Gold (TSX: ABX), which lost a...Read More

Trade log February 2019: Cobalt sulfate

March 01, 2019 / www.metalbulletin.com

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.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 assessment for coba...Read More

IsoEnergy Drills 4.0 m of 3.8% U3O8 in 30 m Step-out to the East and Intersects Strong Radioactivity in 30 m Step-Out Hole to the West, Mineralization Remains Open Along Strike

February 28, 2019 / kincommunications.com

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy"), is pleased to announce that drill hole LE19-06 assayed 4.0 metres of 3.8% U3O8, including 0.5 metres @ 13.7% U3O8. LE19-06 was collared 30 metres to the east of drill hole LE18-01A, the original discovery drill hole which returned 8.5 metres @ 1.3% U3O8 including 2.5m @ 3.6% U3O8.LE19-09, a 30 metre step o...Read More

DAILY SCRAP REPORT: New US deal sends indices down by almost $2 per tonne

March 01, 2019 / www.metalbulletin.com

Turkish deep-sea scrap prices showed a very slight decrease with the news of a fresh US cargo heard on Thursday February 28.A steel mill in the Izmir region booked a US cargo, comprising 10,000 tonnes of HMS 1&2 (80:20) at $313 per tonne, 10,000 tonnes of shredded at $318 per tonne...Read More

GoldSeek Radio Nugget Interview: Dr. Burton Malkiel

February 28, 2019 / news.goldseek.com

Chris Waltzek talks to Dr. Burton Malkiel, author of the investing classic, A Random Walk Down Wall Street Read More

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