Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company"), announces that it intends to complete a non-brokered private placement offering (the "Offering") to raise gross proceeds of up to CA$2,000,000.The Corporation plans to issue up to 6.67 million units (the "Units") at a price of CA$0.30 per Unit. Each Unit consists of one common share and one tra...Read More

Fastmarkets is extending the consultation period for its proposal to revise the frequency and specification of its copper concentrate treatment & refining charges (TC/RC) index until April 19.With regard to the frequency, responses to the original consultation agreed that the market is in need of a weekly index.In terms of the specification, the consultation on the base and range of concentra...Read More

Rainbow is in production but struggling, and Mkango is funded through the bankable feasibility study stage but will only own 25% of its main project if all goes well.Read More

Metals traders in Switzerland are feeling the brunt of a pullback from trade financing activities by banker Credit Suisse, after a 2018 deal turned sour and left the bank less keen to be exposed to the high-risk, low-margin commodities business.The Zurich-based bank is a principal supplier of financing to Switzerland's commodities trading community, from crude oil to copper concentrates to alumini...Read More

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With the annual Minor Metals Trade Association (MMTA) conference kicking off on Tuesday April 9 in Edinburgh, Scotland, Fastmarkets looks at the price moves in the minor metals complex since last year's conference. There is a general bearish mood in the minor metals complex heading into the conference this year in contrast to last year's multi-year highs set in most of the markets. Most of the min...Read More

Cobalt market participants have been keeping an eye out for potential non-industrial buying, such as stockpiling from China's State Reserve Bureau (SRB), since global metal prices slid to two-year lows at the beginning of this year.A spotlight has been cast on the Chinese bureau ever since it carried out extensive research into major Chinese producers' products and output in the first quarter of t...Read More

Participants in the long steel market in the European Union were hoping for price stability through April after recent sluggish demand and cautious buying activity, sources within the sector told Fastmarkets this week."The Spanish market is weak in price terms but consumption is improving," one trader said. "European mills have been more aggressive [in terms of price] so there has not been much im...Read More

(Updates with closing prices)By Peter HobsonLONDON, April 4 (Reuters) - Copper prices fell on Thursdayas weak German factory data underlined concerns about theoutlook for demand and a big inflow of metal into London MetalExchange (LME) warehouses suggested supply was adequate.Other industrial metals also slipped despite positivesignals from U.S.-China trade talks. Benchmark copper on the LME close...Read More

The Ulu Property ("Ulu") covers an area of 947 hectares, located approximately 523 kilometres ("km") north of Yellowknife NWT within the Kitikmeot Settlement Area of Nunavut.Blue Star Gold Corp. [BAU-TSXV] has assembled two high-grade gold exploration-stage prospects in Nunavut Territory, northern Canada. The claim package is approximately 530 km north-northeast of Yellowknife, capital of the Nort...Read More

Turkish steel producers remained silent in the scrap market for a third day on Thursday April 4, making no purchases of deep-sea cargoes while continuing to look for political clarity, sources told Fastmarkets.Mills continued to await official confirmation of the results of Turkey's countrywide mayoral elections, which were held on March 31.The main opposition Republican People's Party (CHP) has c...Read More

The Relief Canyon Mine crusher. Source: Americas Silver Corp.Sandstorm Gold Ltd. [SSL-TSX; SAND-NYSE American] said Thursday April 4 that it has acquired a 4% gold stream on Americas Silver Corp.'s [USA-TSX; USAS-NYSE American] Relief Canyon heap leach project in Nevada.The mine is expected to begin production by the end of 2019, delivering about 5.9 million ounces per year to Sandstorm for 5.5 ye...Read More

Gold futures finished near unchanged levels on Wednesday as reported progress in negotiations between the U.S. and China bolstered appetite for stocks and away from bullion, while the U.S. dollar softened. Gold for June delivery GCM9, +0.10% on Comex edged 10 cents, or less than 0.1%, lower to settle at $1,295.30 an ounce, while May silver SIK9, +0.17% picked up 4.1 cents, or 0.3%, to end at $1...Read More

Cobalt market participants have been keeping an eye out for potential non-industrial buying, such as stockpiling from China's State Reserve Bureau (SRB), since global metal prices slid to two-year lows at the beginning of this year.A spotlight has been cast on the Chinese bureau ever since it carried out extensive research into major Chinese producers' products and output in the first quarter of t...Read More

Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets' price assessment for standard-grade cobalt, in-warehouse, $ per lb Click here for Fastmarkets' price assessment for alloy-grade cobalt, in-warehouse, $ per lb In light...Read More

On Tuesday, iAnthus Capital (OTC: ITHUF), a multi-state cannabis operation, announced earnings.The company showed some pretty wide losses, and that exposed a lot of weak hands. The stock fell about 5% in early trading, and folks were emailing me about whether or not they should sell.My response?Only a fool would sell.Honestly, iAnthus is probably my number one pot stock for the year.It's one of th...Read More

Integra Resources Corp. (TSXV:ITR ; OTCQX:IRRZF) is a development-stage company, focused on advancing its DeLamar Project, consisting of the neighbouring DeLamar and Florida Mountain Gold and Silver Deposits, in the heart of the historic Owyhee County mining district, in south western Idaho. The first exploration program, in over 25 years, began on the DeLamar Project in 2018, with more than 23,00...Read More

* U.S. weekly jobless claims lowest since 1969 * Platinum hits highest since mid-June* SPDR gold holdings hit lowest since Dec. 17(Updates prices, adds comments and details)By Sumita LayekApril 4 (Reuters) - Gold prices dipped to a four-week low onThursday as the dollar firmed after robust weekly jobless datafrom the United States while investors awaited clarity on theprogress of U.S.-China trade...Read More

Have we reached peak housing pessimism in Canada? The word has been out on the street now for months that mortgage growth has slowed, giving investors plenty of opportunity to sell their financial stocks and head for other areas. But, has most of the bad news been factored into prices? The answer may be yes given some of the new additions to our April INK Top 40 (available for Canadian Insider Cl...Read More

Spanish crude steel production fell to 14.3 million tonnes in 2018, marginally down from 14.4 million tonnes in 2017, according to Unesid, the country's steel association.Domestic steel consumption in Spain rose by 12.6% year on year to 14.3 million tonnes in 2018."This significant rise [in consumption] was influenced by the better market conditions, but also by the notable rise in imports from th...Read More