Although the softer dollar index has provided a conducive backdrop for risk sentiment, there is still an air of caution amid the simmering geo-political tensions in the Middle East. Over the weekend, Iran warned that it is ‘fully prepared to enrich uranium at any level and with any amount’, sparking fears that the long-tense relations between Iran and the United States is edging clo...Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday July 5. China Key drivers The antimony MMTA standard grade II ddp China price ended five weeks of stability last week, softening by 0.6% week on week. The price dropped after some Chinese antimony producers in southwestern Yunan, Guizhou provinces and southern Guangxi province were heard to have cut their o...Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday June 5.China Key drivers Good supply coupled with persistently weak demand pushed the Chinese silicon export price to its lowest level since September 2016. Most silicon producers in Fujian province have shut down operations because of the cancellation of cheaper electricity prices in the third quarter by t...Read More
Key data from the Friday July 5 pricing session in Shanghai. Key drivers China's cobalt market broadly remained under pressure on weak demand last week, with metal and tetroxide prices dropping 1.8% and 1.6% respectively on Friday from the midweek pricing session. The cobalt metal price dropped by 8,000 yuan at the high end, which usually represents the...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points in pre-opening trade. Apple dropped $3.08 to $201.15 after Rosenblatt Securities downgraded the stock to Sell from Neutral. Target is $150.Deutsche Bank slipped $0.11 to $7.06 after announcing a major restructuring program.Verizon dropped $0.60 to $57.71 after Citigroup upgraded the stock to Buy from Neutral....Read More
Key data from the July 5 pricing session in London. Key driversThe benchmark standard grade cobalt price fell to its lowest level in 32 months, with spot demand slow over the summer. Sellers are cutting their offer prices, or targeting the lower end of Fastmarkets' price range to lock in trades. Some sellers said they might be open to taking a bid below...Read More
A sharp drop in July ferro-chrome tender prices from China's leading mills triggered a further slide in spot ore and alloy prices last week. Spot ferro-chrome price dropped by 4.6% in ChinaUG2 chrome ore slid againAlloy prices under pressure in Japan and South KoreaEuropean alloy prices weaken again Chrome ore and ferro-chrome prices dropped in China in the week ended Friday July 5 after mills an...Read More
India's Ministry of Commerce & Industry has initiated an anti-dumping investigation into imports of flat-rolled stainless steel from 15 regions.The investigation covers flat-rolled stainless steel products imported between 2015 and March 2019, under HS code codes 7219 and 7220, from China, South Korea, the European Union, Japan, Taiwan, Indonesia, the United States, Thailand, South Africa, Me...Read More
Last week, I told you how I got a surprise correction from the IRS - one relating to Trump's new tax laws and my Solo 401(k) retirement plan.What I didn't mention is the monetary impact of that note - essentially, I ended up owing a couple thousand more in taxes than I had previously figured.Before you shed a tear, on balance, the new tax laws were a net positive for my specific situation last yea...Read More
ELKO, Nevada, July 8, 2019 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce that two new technical updates for the Keystone Project have been uploaded to their website.Ken Coleman, U.S. Gold Corp.'s Keystone Project Geologist, has recently completed an updated Keystone Technical Presentation. This analysis is a follow up to the...Read More
I did not celebrate the Fourth of July on Thursday. This goes back to a term paper I wrote in graduate school. It was on colonial taxation in the British North American colonies in 1775. Not counting local taxation, I discovered that the total burden of British imperial taxation was about 1% of national income. It may have been as high as 2.5% in the southern colonies.In 2008, Alvin Rabushka’...Read More
July 8, 2019 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce that it has kicked off the drilling program and to provide results from the soil and rock samples collected in May-2019 at its Atlin Goldfields Project located in Northwest British Columbia. The 2019 drill program will consist of many shallow NQ size core drill holes on numerous...Read More
Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25'When top miners commit to an aspiration, that does trickle down'SPONSOREDdeloitteFortescue Metals Group, the creation of its chairman Andrew Forrest, has already provided a glimpse...Read More
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization, as of early July 2019.1. NutrienMarket cap: $41.8 billionNutrien (TSX: NTR; NYSE: NTR) is the world's largest provider of crop inputs and services, and produces and distributes over 26 million tonnes of potash, nitrogen and phosphate products each year. In 2018, the company sold 13 million tonne...Read More
In February, De Beers announced it was consolidating its assets in South Africa and Canada into one entity called De Beers Group Managed Operations.At the same time, Nompumelelo (Mpumi) Zikalala was appointed managing director for the group, based in Johannesburg. Ziklala has more than 18 years' experience in the mining industry, starting out as an ore processing engineer at the Cullinan mine, and...Read More
When Signet Jewelers' (NYSE: SIG) e-commerce subsidiary James Allen began offering man-made diamonds in May, the company added an additional search tab to the site: "earth-created diamonds" or "lab-created diamonds." Up until this point, websites offering both products typically defaulted to natural diamonds or simply "diamonds" providing a further ???lter required to search for the man-made varie...Read More
The Times said Apple could be preparing to transform India into a major production hub than a top producing market...Read full newsRead More
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It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...Read full newsRead More
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...Read full newsRead More