U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points in pre-opening trade.Allergan jumped $38.93 to $168.52 after AbbVie reached an agreement to purchase the company in a cash-and-share deal priced at $188.24 per share and valued at $63 billion. Each Allergan share is to be exchanged into 0.8660 AbbVie shares and $120.30 cashThe Allergan/AbbVie deal is attracti...Read More
Ferro-silicon prices in China were stable in the week ended Friday June 21, extending a steady run in the market for a fifth consecutive week against firm Chinese futures prices and relatively limited availability in the physical market.In Europe, the market has fallen due to weak spot demand and an increasing number of quarterly deals done below ?,?1,000 ($1,139) per tonne, which has dragged down...Read More
PRIVATE BLOG – Gold Hits $1432 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Chrome ore prices dropped again in China and alloy prices weakened globally in the week ended Friday June 21 due to poor demand. Ore prices down for seventh week runningCharge chrome import prices weaken in ChinaAlloy prices dip in Japan, South KoreaEuropean alloy prices slumpUS market flat once again UG2 chrome ore prices in China slid for the seventh consecutive week on Friday after some suppli...Read More
I'm all for treating myself to some of life's luxuries, but I won't splurge to the point where it starts to hurt my finances.Sadly, for a lot of Americans the latter is true.In fact, the average US adult spends $1,497 a month on nonessential items, according to a recent survey conducted by OnePoll. That's roughly $18,000 a year on things we can all do without. The survey revealed that the average...Read More
Jerome Powell dangled the morsel yesterday - rate cuts are on the way.And like Pavlov's famously conditioned dogs, Wall Street heard the opening bell this morning... and began drooling.The major indexes were instantly up and away.They lost momentum after the president intimated he may take a swing at Iran for downing a U.S. drone."You'll soon find out" was his response when asked if the U.S. would...Read More
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has taken a major step toward becoming the only producer of refined cobalt in North America.The company, which plans to restart its hydrometallurgical cobalt refinery near Cobalt, Ont., has signed an agreement with Glencore (LON: GLEN) that will see the metals giant supply the junior's refinery with cobalt feedstock.Under a memorandum of understanding, Glenc...Read More
Global Energy Metals (TSXV: GEMC; US-OTC: GBLEF) struck an option agreement in January with Nevada Sunrise Gold (TSXV: NEV) to acquire 85% of the historic Lovelock cobalt mine and nearby Treasure Box properties - both of which contain battery minerals, including cobalt, nickel and copper - and are only a 90-minute drive from the Tesla-Panasonic Gigafactory 1, a lithium-ion battery and electric veh...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company said its majority-owned mine remained on track to produce between 140,000-175,000 tonnes of copper this year, with more than 80% expected in the second half.The US$6.3 billion development is expected to ramp up to more than 300,000t of annual copper production over the next few years, with First Quantum set t...Read More
'When things are going downhill, and you're getting squeezed, everybody has a bunker mentality'Read full newsRead More
"World Risk Survey 2019: How would you rate the mining code in your jurisdiction? Take a short survey - https://t.co/6AmhVXHRvX #mining #survey"Read full newsRead More
"Canaccord has upped its long-term #nickel price forecast to $9/lb, noting the steep decline in exploration activity in recent years"Read full newsRead More
"The Mining Journal Project Pipeline Handbook presents the methodology behind the database of development projects, along with a cross-section of assets from within our growing universe of coverage. Download the free excerpt - https://t.co/dsWgxFNfAh #mining #mjselect #mjs"Read full newsRead More
"VP Investor Relations Rich Matthews is now up speaking for @NevadaCopper on the #MJS stage. You can watch live here: https://t.co/fSzbovcg0y"Read full newsRead More
"What is the hallmark of a good #investment ? @BarclaysInvest Philip London moderates the following panel with @bhp Olga Antonovskaya , #DenhamCapital Bert Koth & @JanusHenderson Tal Lomnitzer #MJS #MJSelect"Read full newsRead More
Three mining stocks have outperformed the price of gold bullion (and the TSX Index) since the beginning of May, including Eldorado Gold Corp (TSX:ELD)(NYSE:EGO) -- up more than 45% over just the past three-and-a-half weeks.Read full newsRead More
Three mining stocks have outperformed the price of gold bullion (and the TSX Index) since the beginning of May, including Eldorado Gold Corp (TSX:ELD)(NYSE:EGO) -- up more than 45% over just the past three-and-a-half weeks.Read full newsRead More
CROP Infrastructure (CROP.C) is in their bag. On June 14, 2019, Crop closed a $1M secured convertible debenture offering. Under the terms of the deal, allow for the outstanding amount under the debentures to convert into common shares at $0.30. Why? Crop needs money to fuel its expansion, and, boy, is it ever expanding. Last ...Read full newsRead More
"1933 Industries (@1933Industries) (#CSE: $TGIF | #OTCQX: $TGIFF) Will Release Q3 Fiscal Year 2019 Financial Report on July 2[https://t.co/XDqmAklnFA]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #cannabis #business #marijuana #CBD"Read full newsRead More
"Weekend Unlimited's (@WeekndUnlimited) (#CSE: $POT | #OTCQB: $WKULF) Northern Lights Organics Farm Launches Field Test Plots [https://t.co/DVXCnp0SW6]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #cannabis #business #potstocks"Read full newsRead More