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Sherlock delivers another huge hit

February 28, 2019 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithium"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftThe intercept from the Sherlock zone also contained 2.1g/t silver and included 8m at 0.64% c...Read More

Metals prices consolidate as poor Chinese PMI data weighs on sentiment

February 28, 2019 / www.metalbulletinresearch.com

A drop in China’s manufacturing purchasing managers’ index (PMI) to 49.2 in February, from 49.5 in January, has set a weaker tone across markets with base metals traded on the London Metal Exchange mostly lower and down by an average of 0.3% in the morning of Thursday February 28. Copper and zinc prices led on the downside with losses of 0.7%, with copper recently quoted at $6,473 per to...Read More

Rio Tinto sheds some light on copper find

February 28, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxThe company's exploration team has been working at Winu, 130km north of Telfer, since late 2017.Read More

Consumers on sidelines of cobalt sulfate, tetroxide market, wary of falling global prices

March 01, 2019 / www.metalbulletin.com

Chinese battery materials producers, who are the largest consumers of cobalt sulfate and cobalt tetroxide, have hesitated in purchasing any cobalt salts this week amid rapid falling international cobalt metal prices.The resulting thin buying appetites have forced suppliers to lower their spot offer prices to facilitate sales. Fastmarkets assessed the Chinese cobalt sulfate, basis 20.5% Co market p...Read More

Tech Talk for Thursday February 28th 2019

February 28, 2019 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Jobless Claims was 220,000 versus 216,000 last week. Actual was 225,000. Consensus for first estimate for U.S. fourth quarter real GDP was growth at a 2.4% rate versus growth at...Read More

METALS MORNING VIEW 28/02: Metals prices consolidate as poor Chinese PMI data weighs on sentiment

March 01, 2019 / www.metalbulletin.com

A drop in China's manufacturing purchasing managers' index (PMI) to 49.2 in February, from 49.5 in January, has set a weaker tone across markets with base metals traded on the London Metal Exchange mostly lower and down by an average of 0.3% in the morning of Thursday February 28. Copper and zinc prices led on the downside with losses of 0.7%, with copper recently quoted at $6,473 per tonne after...Read More

EUROPE ALLOY STEEL SURCHARGES: Sharp gains caused by resurgent nickel

March 01, 2019 / www.metalbulletin.com

Monthly European alloy surcharges for stainless steel products will increase sharply for March, largely because of resurgent nickel prices. This week's announcements by European stainless mills will mark the first time surcharges have not decreased for seven months. Alloy surcharges are designed to account for the non-ferrous component of various stainless steel grades, with the pri...Read More

Power shortage in Inner Mongolia to have 'limited impact' on Chinese NPI production, market participants say

March 01, 2019 / www.metalbulletin.com

Any impact to Chinese nickel pig iron (NPI) production from an expected power shortage in Inner Mongolia during April and May is likely to be limited, according to market participants.The city of Ulanqab in China's autonomous region of Inner Mongolia is expected to experience a severe power shortage in April and May, market sources told Fastmarkets, citing an unconfirmed announcement issued by cit...Read More

East Asian stainless steel prices mixed amid inactivity

March 01, 2019 / www.metalbulletin.com

Import prices for stainless steel in East Asia were mixed over the past week amid thin trading, with those for the cold-rolled product rising, while hot-rolled coil ones experienced some weakness.Fastmarkets MB's weekly import price assessment for 304 stainless 2mm trimmed cold-rolled coil in East Asia was $2,030-2,100 per tonne cif on Wednesday February 27, up $10-40 per tonne from a week earlier...Read More

China's domestic stainless steel prices edge up amid bullish sentiment

March 01, 2019 / www.metalbulletin.com

Domestic stainless steel prices in China edged up further over the past week amid market participants' optimistic outlook.Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,100 yuan ($2,197-2,257) per tonne including value-added tax for the week ended Wednesday February 27, widening upward by 100 yuan per tonne from 14,...Read More

7 Income Streams You Could Be Tapping Into

February 28, 2019 / dailyreckoning.com

According to the IRS, most millionaires have these seven income streams:1. Dividend income from stocks.2. Earned income from a paycheck.3. Rental income from real estate.4. Royalties from products or license agreements. 5. Capital gains from the sale of investments.6. Profits from business ventures. 7. Interest from savings, CDs, bonds, or other lending activities.I would argue that most people...Read More

Bill Gates is 100% Correct About Climate Change...

February 28, 2019 / dailyreckoning.com

Today I bring to you an interesting story of two billionaires...Both of whom have terrific intentions for helping the human race combat global warming.What you’ll find interesting about these two men is that despite their good intentions, both have very different views on how to solve the problem.However, after some thorough research myself, I’ve uncovered that only one of these men...Read More

Why It's Dangerous to Contribute too Early to Your 401(k)

February 28, 2019 / dailyreckoning.com

Does your employer offer a 401(k) plan? And do they match any of your contributions? If so, they might only match up to that percentage on each of your checks, and not on how that check amount relates to your total annual salary. That means deferring too much, too soon of your salary could reduce the amount of those matching contributions. Here's an example of how that could happen:In 2019, yo...Read More

The Approaching Winter: The Super-Cycle Has Turned

February 23, 2019 / dailyreckoning.com

How would you describe the social mood of the nation and world?Would anti-Establishment, anti-status quo, and anti-globalization be a good start? How about choking on fast-rising debt? Would stagnant growth, stagnant wages be a fair description? Or how about rising wealth/income inequality? Wouldn’t rising disunity and political polarization be accurate?These are all characteristics of the l...Read More

The Coming Economic Winter

February 23, 2019 / dailyreckoning.com

To everything there is a season, Ecclesiastes tells us...Is the economy entering winter?In spring the thrusting saplings of tomorrow shoulder their way out of the earth.Buds form upon the trees. The days lengthen with the late-afternoon shadows.It is the season of possibility.Summer is nature in full flower. It is green. And lush. It is the promise of spring come to fruition.The days are long, the...Read More

ATAC Resources Announces Phase One of 2019 Exploration Program at Rau Project

February 28, 2019 / www.atacresources.com

February 28, 2019 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC") is pleased to announce the Phase One exploration program at its Rau Project, located at the western end of its 1,700 km2 Rackla Gold Property in east-central Yukon.The Phase One program will follow-up on high-grade gold, copper and silver results from 2018, as well as additional opportunities proximal to the Rackla Pluton...Read More

Computational thinking workshops for local elementary teachers featured in The Colorado Sun

February 28, 2019 / www.minesnewsroom.com

Colorado School of Mines is teaming up with the Colorado Department of Education to offer free computer science workshops for elementary school teachers across the state this year and the partnership was the subject of a recent story in The Colorado Sun.Tracy Camp, professor and head of the Computer Science Department, developed the curriculum for the workshops, which includes hands-on training i...Read More

Gold & Precious Metals Snapshot: Drills turn across the Americas in search of precious metals

February 28, 2019 / www.northernminer.com

Gold and silver remain the preferred targets for North American mineral explorers, with thousands of campaigns ongoing across the globe. Here is a look at eight such companies.ALAMOS GOLDAlamos Gold (TSX: AGI; NYSE: AGI) is a Toronto-headquartered intermediate gold producer with four operating mines in North America: the Young-Davidson and Island Gold underground mines in northern Ontario; and the...Read More

JV Article: Talmora Hunts for Big Diamonds in NWT

February 28, 2019 / www.northernminer.com

In January 2018 Talmora Diamond Inc. (CSE: TAI) President and CEO Raymond Davies went to a diamond conference at Padua University in Italy, which is a must-attend event for global diamond seekers.During a presentation based on a recent academic paper on the origins of the world's largest diamonds - 500 carats or larger, such as the Cullinan and Millennium Star - Davies learned that the minute incl...Read More

Monarques Gold grows McKenzie Break deposit in Quebec

March 01, 2019 / www.northernminer.com

Assays are back for the first 21 holes of a 61-hole drill program completed at Monarques Gold's (TSX: MQR; US-OTC: MRQFR) McKenzie Break project and have extended the deposit laterally and at depth.The best intercept from the project, 35 km north of Val-d'Or, Que., was 61.20 grams gold over 2.6 metres starting from 254.8 metres downhole, including 265 grams gold over 0.6 metre in drill hole MK-18-...Read More

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