Source: Streetwise Reports 03/05/2019NYC's first community solar program figures among the projects, the company says.UGE International Ltd. (UGE:TSX.V; UGEIF:OTC) recently completed several solar project milestones in key markets located in three continents, it announced in a February 28 press release.First among UGE's list of new milestones is what the Toronto-based company described as "the...Read More

Three-month zinc was the only metal price to trade in positive territory on the London Metal Exchange at the close of trading on Wednesday March 6.Prices for the rest of the base metals complex consolidated lower amid broad strength in the US dollar index, while renewed figures on the US trade deficit continued to underscore the slowdown in that country's economy.The three-month zinc price reached...Read More

Gold prices have been consolidating the recent drop from Feb highs, trading just above the 38.2% Fibo target of $1,275/oz. Gold is currently trading at 1286, within a range of between $1,283.74/oz and $1,290.92/oz.  Gold suffered a blow in recent weeks and the theme remains a hindrance for the bulls betting on a weaker greenback and risk-off markets. The sentiment for a trade deal between t...Read More

When the general stock market declined in the previous months, many people called for much higher gold prices, supposedly based on the allure of the safe-haven demand for the yellow metal. And while there is some truth to it as gold would be likely to rally if the US economy got into severe trouble, this simply does not apply to the link between the short-term volatility of the stock market and th...Read More

Dollar's recent climb is putting pressure on gold prices.Eurozone weakness is also adding to metal's short-term weakness.Improved emerging markets outlook should eventually bail gold out.A counter-trend rally in the U.S. dollar index is providing a headwind for gold and will likely keep the metal range-bound below its recent high for a few weeks. In today's report we'll review the factors...Read More

Prices for hollow steel sections in the domestic European market were largely stable on Wednesday March 6 but producer-led increases could take effect soon, market sources told Fastmarkets.Fastmarkets' domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week on Wednesday at ?,?630-650 ($713-736) per tonne delivered."Higher p...Read More

Here are five Fastmarkets MB stories you might have missed on Wednesday March 6 that are worth another look.The availability of a high-grade iron ore derivative has brought a "whole new dimension" to the market, with the development of a forward curve being a key benefit, Andrew Glass, head of ferrous trading at Anglo American, said last week at Fastmarkets MB's China Iron Ore conference in B...Read More

After nearly 20 years of wrangling, a group of Nahua Indian villagers could make legal history in Mexico this month when a court rules on a land dispute involving a Canadian miner.A lawyer for villagers of Tecoltemi in the central Mexican state of Puebla said it was the first time a court would rule on whether the country's mining law – which gives priority to mining activities over other la...Read More

Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.Privateer Gold is the owner of the Surespan gold property, which is made up of crown granted mineral claims and mineral tenures that cover approximately 13 square kilometres...Read More

A crazy Friday in the gold market - nothing new.A bullish trend since August - markets rarely move in a straight line.Gold needs to find a higher low.Buying the dip in gold tends to be preferable to buying a rally.Get more aggressive with leveraged products on price weakness.Gold provided market participants with a reminder that the yellow metal loves to crawl higher and tumble lower during price...Read More

Published 23 Hours AgoUpdated6 Hours AgoReuters Getty ImagesGold bullion bars and coins.Gold steadied on Wednesday just above a five-week low touched in the last session as the dollar retreated slightly and stocks edged lower, with investors awaiting further signals on the health of the global economy.Spot gold was down 0.11 percent at $1,285.70 per ounce as of 2:09 p.m. ET, trading in a narrow...Read More

Gold, like all markets, displays repetitive patterns in its price history.We present two patterns, one from 2000 and another from 2013.If these patterns continue to replicate, then gold should drop into the $1,225-$1,250 area before bouncing. We present patterns in the price history of the gold market that seem to be replicating in real time. If these similar patterns continue to replicate, then g...Read More

Three-month zinc was the only metal price to trade in positive territory on the London Metal Exchange at the close of trading on Wednesday March 6.Prices for the rest of the base metals complex consolidated lower amid broad strength in the US dollar index, while renewed figures on the US trade deficit continued to underscore the slowdown in that country's economy.The three-month zinc price reached...Read More

Introducing the 2019 Roaring Lion Silver Coin, the Lowest Price, Newly Minted Silver Coin in the World... In 2018, SD Bullion released their first-ever, exclusive silver coin, The 2018 Roaring Lion. With a limited mintage of only 50,000 coins, micro-engraving security and a very detailed design, the coin was well received by the silver community, and the coin sold out within a few months. Later i...Read More

What is behind the most recent price decline in silver, and how far below $15 is there stronger price support? Here's Clive to explain...by Clive Maund of Streetwise ReportsSilver fell sharply on Friday after dropping on Wednesday and Thursday, and the reason it fell so sharply can be seen on its latest 6-month chart below which shows that it breached its parabolic uptrend, which had become too st...Read More

The US copper market was little changed in early morning trading on Wednesday March 6 with market participants still digesting the trade talks between the United States and China. The copper price for May settlement on the Comex division of the New York Mercantile Exchange dipped 0.05 cents to $2.933 per lb. Amid positive trade sentiment surrounding the US-China, an uptick in the dollar index has...Read More

The three-month nickel price trading on the London Metal Exchange continued its upward momentum on Wednesday March 6, while the other base metals prices were mostly lower with continued strength in the dollar index limiting price rallies. Nickel's three-month price has recorded a weekly incline of more than 5% and is keeping above $13,600 per tonne, while open interest on the exchange has pushed h...Read More

Kootenay Silver's (TSXV: KTN) stock jumped over 4% after the Canadian junior explorer announced that its non-brokered private placement financing, originally for C$2.5 million, closed Wednesday for over C$7 million.Kootenay is actively engaged in the development of major silver projects in Mexico, including the La Cigarra Silver project in Chihuahua, and the Promontorio and La Negra silver discove...Read More

The Goodman School of Mines at Laurentian University and the Core Foundation signed a memorandum of understanding this week aiming to promote the school's education and research activities in Peru, Chile and Brazil.Osman Abou-RabiaThe Core Foundation is a non-profit organization dedicated to create new knowledge, discovery and innovation in Latin America."Countries like Peru need our strong...Read More

Chilean state-run miner Codelco will continue to develop its lithium assets, including committing $57 million for further exploration, Chile's mining minister told Reuters, even as progress has stagnated at its flagship projects.The company, already the world's largest copper producer, has tried unsuccessfully in recent years to attract a partner to develop its lithium projects in Chile, stifled b...Read More