QUESTION:Hi Martin–Thank you for your daily blog. I read it first thing each morning.Regarding the bank liquidity problems with the Eurozone banks: would it make sense to put assets in precious metals as a hedge against problems in the banking sector (i.e., getting capital out of the banks and into a safe harbor of sorts)? Do you see this liquidity problem impacting major brokerage houses in...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
The following Fastmarkets minor metals prices changed on Friday April 5:Minor metalsAntimony MB free market regulus, $/tonne: $7,000-7,300 per tonne from $7,100-7,450Antimony MMTA standard grade II, $/tonne: $6,900-7,200 per tonne from $7,050-7,450Chromium MB free...Read More
The stock market ebbs and flows with shifting financial conditions... as the tide ebbs and flows with the moon's shifting humors.We are informed - reliably - that financial conditions in late 2018 were the tightest in 2 1/2 years.The results?Scott Barlow, market strategist for Canada's Globe and Mail:If I could only pick one chart to highlight the main drivers of market volatility over the past...Read More
As the minor metals industry prepares to gather in Edinburgh, Scotland, for the annual Minor Metals Trade Association (MMTA) conference on April 9-11, Fastmarkets outlines some of the key topics likely to dominate discussions this year. Where is the bottom for minor metals prices? This time last year, the minor metals industry was heading into the conference with optimism because prices were tradi...Read More
European stainless steel mills were pushing for increases to the price of grade-304 cold-rolled (CR) sheet and were likely to be successful because of reduced competition from imported tonnages out of Asia, sources told Fastmarkets on Friday April 5.Mills were seeking price increases beyond those which were dictated by the higher monthly alloy surcharges for April.Grade-304 CR sheet surcharges for...Read More
Electricity cuts in Taiwan in May and June, as well as ample offers from Europe, the United States and Japan dampened ferrous scrap prices in Asia this week.Steady demand in Vietnam and South Korea failed to generate any upward momentum for prices, with sellers being more willing to lower them to offload their cargoes.Buyers now expect the downtrend to continue and are putting off their procuremen...Read More
Canada-based miner Sigma Lithium Resources has signed a deal with Mitsui & Co. to raise a significant amount of the capital expenditures it needs to construct the concentration plant at its spodumene operations in Brazil, the company said on Friday April 5.The company will receive a pre-payment of $30 million for up to 55,000 tonnes of lithium concentrates over six years, with rights to a suppleme...Read More
The Montana Department of Environmental Quality has released the draft environmental impact statement (EIS) for Sandfire Resources America's (TSXV: SR; US-OTC: SRAFF) wholly owned underground Black Butte copper project in central Montana, 27 km north of the city of White Sulphur Springs.The draft is undergoing a public comment period that will end May 10, 2019. After, the draft will undergo a revi...Read More
First Quantum Minerals (TSX: FM) has exited an earn-in agreement with Japan Gold (TSXV: JG; US-OTC: JGLDF), after completing an initial surface evaluation on its Eboshi, Kobui, Minamikayabe and Kamitsue lithocap projects in Japan.Using mapping and soil and rock sampling, First Quantum decided the four projects did not meet its criteria. Japan Gold says that three of the projects - Eboshi, Kobui an...Read More
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) reported a jump in resource tonnes and ounces exclusive of reserves at its Lindero gold project in Argentina and estimates the project will produce between 145,000 and 160,000 oz. gold in its first year of commercial production.The company reported measured and indicated resources for Lindero of 18.9 million tonnes (a 51% increase over earlier estimates)...Read More
"PyroGenesis (@PyroGenesisCan) (#TSXV: $PYR | #OTCQB: $PYRNF) is Nominated for "Materials Company of the Year" at #3DPrinting Industry Awards 2019 [https://t.co/T9e1mGEwwb]#investing #stocks #stockmarket #trading #investors #news #business #investments #tech #technology #plasma"Read full newsRead More
"The Flowr Corp (@FlowrCanada) (#TSXV: $FLWR | #OTC: $FLWPF) Announces Q4 & Full Year 2018 Results [https://t.co/gaSVruK9Fd]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #marijuanastocks #cannabiscommunity #potstocks #cannabis"Read full newsRead More
Gold price is driven by US bond yields, Fed interest rate expectations, and the US dollar - not supply and demand.Read full newsRead More
NYSE:AGI) ("Alamos" or the "Company") is pleased to announce that its Mulatos mine produced its two millionth ounce of gold in March 2019.At the current gold price, this represents a savings of approximately $65 per ounce, which has already been incorporated into previously disclosed guidance.ThisRead full newsRead More
Gold price is driven by US bond yields, Fed interest rate expectations, and the US dollar - not supply and demand.Read full newsRead More
"$NTIC - Northern Technologies International Corporation (NTIC) CEO Patrick Lynch on Q2 2019 Results - Earnings Call Transcript https://t.co/USPwMd5oGp"Read full newsRead More
The Investor Mining & Tailings Safety Initiative has requested that over 600 resource companies, including major miners, reveal the safety records of their waste storage facilities, following the collapse of Vale's Brumadinho dam in Brazil in January, which killed hundreds.Following the disaster, a group of 96 institutional investors (representing more than $10.3 trillion assets under managemen...Read More
This analysis is intended to introduce important early concepts to people who are starting to invest and want to learn about the link between company's fundamentals and stock market performance.Read More...Read full newsRead More
The World Gold Council says that global gold-backed ETF holdings increased by 3 tonnes during the month of March.Read full newsRead More