Mar 03, 2019 Guest(s): Sean Boyd CEO, Agnico Eagle A bigger company doesn't always return the most value to shareholders, and mega mergers are just "competitive jockeying," said Sean Boyd, CEO of Agnico Eagle. "It's all about competitive jockeying, that's the way we see it. The top five gold companies by market cap, we're number four - the other four have all talked to each in some form or fashi...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average sank Monday after initially rising on a report that said the U.S. and China were close to finalizing a trade deal.The Dow ended 0.1% lower last week, ending a winning streak of nine weeks. The Nasdaq has finished higher for 10 straight weeks.Tesla (TSLA) CEO Elon Musk said the electric carmaker will unveil...Read More

Aluminium's three-month price on the London Metal Exchange was down by more than 2% at the close of trading on Monday March 4, with the broad strength in the US dollar deterring commodity investment.Volumes in both aluminium and copper futures were high over the day's trading, with more than 22,000 lots traded in both by the close. While open interest in aluminium has fallen by over 48,000 positio...Read More

Fastmarkets proposes to increase the frequency of publication of its copper concentrates treatment charges and refining charges (TC/RC) Asia Pacific index and make small adjustments to the index' specifications.Under the proposals, Fastmarkets will publish the index weekly instead of twice-monthly. The chemical specification of what Fastmarkets considers to be clean standard-grade concentrates wou...Read More

The Indonesia Commodities & Derivatives Exchange (ICDX) has ended the suspension of key smelter inspector PT Surveyor Indonesia in connection with the launch of its new physical tin contract, which is set to transfer tin exports to bonded warehouses for the first time in the exchange's history, ICDX chief executive officer Lamon Rutten said on Monday March 4. PT Surveyor was ordered to suspend ope...Read More

Bob Moriarty ArchivesMar 4, 2019I began to write about Anacondawell over a year ago. I have written about them half a dozen times. I love this company.The stock was $.115 but that was before a 4-1 rollback so at today’s price, the shares have dropped by a third in spite of them delivering outstanding results again and again and again.They are still trying andthe latest numbers are 59.39 g/t...Read More

Low-grade manganese ore prices rose in China last week in active trading amid strong demand, while global manganese alloys prices were largely stable - barring China, where prices weakened on muted buying. Low-grade ore prices gain up to 22 cents per dmtuAlloy prices keep sliding in ChinaIndian silica-manganese prices edge upEuropean alloy prices stabilize Low-grade manganese ore prices jumped by...Read More

‘Copping it from all angles' is basically the message, with the resources sector in Canada facing challenges left, right and centre. Especially on the funding front!Read More

Fastmarkets proposes to increase the frequency of publication of its copper concentrates treatment charges and refining charges (TC/RC) Asia Pacific index and make small adjustments to the index' specifications.Under the proposals, Fastmarkets will publish the index weekly instead of twice-monthly. The chemical specification of what Fastmarkets considers to be clean standard-grade concentrates wou...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), an advanced platform for the automated distribution of omnichannel product information, announced today Peter MacKay, president and CEO at Venzee is attending Shoptalk, one of North America's largest retail trade shows. Each year, Shoptalk hosts a range of investors, retailers, tech companies and analysts to di...Read More

Jiangxi Copper plans to buy a controlling stake in major copper, silver and lead smelter Yantai Humon Group, the Chinese copper giant said in a filing to the Shanghai Stock Exchange (SSE) on Monday March 4. If finalized, the purchase will see Jiangxi Copper regain its top position as the Chinese largest copper producer in terms of capacity - approximately 1.73 million tonnes of annual copper...Read More

The benchmark standard-grade cobalt price slumped to two-year lows in February amid a surplus of metal, leaving the market to shrug off longer-term bull signs on the supply and demand side. Price moves Cobalt metal prices continued to tumble in February, with concerns of further declines deterring consumers from making large spot purchases. Where possible, buyers have opted to procure cobalt hydro...Read More

Key data from the pricing sessions in London and Shanghai on Friday March 1.China Key drivers Most Chinese traders insisted offering at higher prices due to increased material costs and the quick appreciation of the yuan, but no spot deals were concluded. The final prices for some Japanese tenders were heard to have closed in range of $1,480-1,520 per tonne fob. Yet market participants downplayed...Read More

By: IRA EPSTEINGold market -- weekly chart, sideways action galore. Upside momentum lost, higher highs and higher lows is lost:Read More

Turkish steel mills continued to book deep-sea scrap at a slow pace at the end of last week and prices remained largely steady at the start of this week, sources said on Monday March 4.A steel mill in the Iskenderun region booked a European cargo, comprising 17,500 tonnes of HMS 1&2 (75:25) and 17,500 tonnes of bonus at an average price of $314.50 per tonne cfr on late Friday or Saturday.The cargo...Read More

Turkish domestic scrap prices have remained largely stable over the past week on moderate demand, sources said on Monday March 4.Fastmarkets' weekly price assessment on Monday for domestic auto bundle (DKP-grade) scrap in Turkey was TRY1,650-1,820 ($307-338) per tonne delivered, narrowing upward from the TRY1,630-1,820 per tonne of last week.This...Read More

* Stainless steel prices rise, stocks build in China * Copper down on profit-taking on long positions (Adds official close)By Pratima DesaiLONDON, March 4 (Reuters) - Nickel prices climbed to asix-month peak on Monday as expectations of a fourth consecutiveyear of supply deficit were reinforced by signs of robust demandfrom stainless steel mills in China.Benchmark nickel on the London Metal Exchan...Read More

Chilean Mines Minister Baldo ProkuricaAlready a major producer of copper and lithium, Chile is gearing up to join the electromobility revolution by reviving its dormant cobalt sector.During an interview with Resource World Magazine, Chilean Mines Minister Baldo Prokurica said the ultimate goal is for Chile to become a supplier of lithium ion batteries to the global auto sectorIn order to achieve t...Read More

The US copper market began the week on weak footing on Monday March 4 despite progress between the United States and China on the trade dispute. The copper price for May settlement on the Comex division of the New York Mercantile Exchange dipped by 1.05 cents to $2.9215 per lb. In trade talks, discussions between the US and China could be indicating resolution on the two countries' continued trade...Read More

First Vanadium president and CEO Paul Cowley at the Carlin vanadium project in Nevada. Credit: First Vanadium.First Vanadium Corp. [FVAN-TSXV, FVANF-OTCQX, 1PY-FSE] has announced a maiden resource estimate for its Carlin Vanadium deposit near Elko Nevada, a move that coincides with a steep rise in the value of the company's stock price.The company said the National Instrument 43-101-compliant esti...Read More