Nov 08, 2019 Flow-through funding provides an alternative way to supply much-needed high risk capital to the junior exploration sector, this according to Lisa Davis, CEO of PearTree Securities. "I really think that the junior end of the market would be just crippled without this tool. Exploration capital for grassroots programs is venture capital at its riskiest, and without an incentive like the...Read More
There is no denying that this year has been rough for marijuana stocks.After last year, when investors put $10 billion into the new sector and drove share prices higher and higher, it was bound to happen.You don't have to look any further than the ETFs that have popped up. The more established ETFMG Alternative Harvest ETF is down around 20%. Some of the ones that debuted this year are down as muc...Read More
Nov 08, 2019 Guest(s): Jeff Clark Senior Precious Metals Analyst, GoldSilver.com Ballooning debt has not yet exploded, and the debt to GDP ratio keeps expanding, and this eventually will drive gold prices much higher than current levels, said Jeff Clark, senior precious metals analyst at GoldSilver.com. "There are a lot of catalysts that have pushed gold to where they are now. We broke through t...Read More
Primary aluminium foundry alloy premiums in Europe fell to all-time lows on Friday November 8, while the premium in the United States held steady under quiet spot market conditions.European foundry premiums still fallingPrimary aluminium foundry alloy premiums in Europe hit record lows, with some participants saying premiums have hit a bottom.Fastmarkets assessed the aluminium wheel alloy silicon...Read More
The three-month nickel price on the London Metal Exchange staged a modest recovery at the close of trading on Friday November 8, settling back above nearby resistance after slipping below key resistance levels, while tin futures topped the gains with a 1% climb.Nickel's outright price on the LME closed at $16.190 per tonne on Friday afternoon, climbing more than 2% from an intraday low of $15,845...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Keith WeinerPosted Nov 9, 2019Not too long ago, we wrote about the so called Modern Monetary so called Theory (MMT). It is not modern, and it is not a theory. We called it a cargo cult. You’d think that everyone would know that donning fake headphones made of coconut shells, and waving tiki torches will not summon airplanes loaded with cargo. At least the people who believe in this have the...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Bob Moriarty ArchivesNov 8, 2019When I found out Quinton Hennigh was going to be ageological advisor to Lion One back in early 2019, I wrote about them. They just announced results that pretty much prove what I was trying to say. In technical terms, they hit Bigly.Lion Onetalked about what they were aiming for in the drill programin a press release issued over a month ago as they began the drill p...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 8. China The high-grade manganese ore index recovered some of the recent losses after a number of large sales were made above the previous week's index. Seaborne low-grade manganese ore prices slid amid persistently weak market sentiment and lower producer offers. An incre...Read More
Adam HamiltonArchivesNov 08, 2019 The US stock markets have surged to all-time-record highs, fueled by extreme Fed easing. It jawboned about rate cutting, slashed rates, and birthed a new large-scale Treasury monetization campaign! All this has left traders hyper-complacent, assuming the upside will continue indefinitely. But are these lofty stock levels fundamentally-justified? The big US stocks'...Read More
The company's shares were at 14.6p at the start of November. Its current market value is about £34 million.UK stockbroker SI Capital is now IronRidge's sole broker after arranging the placement.CEO Vincent Mascolo said IronRidge was on track to start drilling "multiple targets across our suite of gold projects in Cote d'Ivoire in the near term" and deliver a maiden mineral resource for the C...Read More
The fob Australia alumina price retreated to $280 per tonne on Friday November 8 because of reduced liquidity and continued poor downstream demand.Fastmarkets calculated the benchmark daily alumina index, fob Australia at $280.80 per tonne on Friday, down from $282.12 per tonne on the previous day. The index hit a four-week high of $285.42 per tonne on October 31.Key drivers A deal for 30,000 tonn...Read More
Solid prices for coking coal and iron ore, coupled with weak steel prices, have created a challenging environment for steel players in 2019, but the company believes mounting supply tightness willRead More
Swick Mining Services founder and managing director Kent Swick told the company's annual general meeting in Perth, Western Australia, after several years pegged around A$135-140 million of annualRead More
A convoy carrying mine workers was attacked by gunmen, 40km from SEMAFO's Boungou gold mine in the Est region, killing 37 people and injuring a further 60.Read More
An overview of the battery raw materials markets and their latest price moves.Read More
* Mining quota at 132,000 T, smelting and separation at127,000 T * Annual quotas for 2019 are highest volumes ever allocated * Beijing had raised prospect of limiting supply in U.S.trade row * Quotas have been released unusually late in the year (Adds analyst and association official comment, milestone)By Tom DalyBEIJING, Nov 8 (Reuters) - China lifted its annual rareearth output quotas on Friday...Read More
An overview of the minor metals markets and their latest price moves.Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 344,59164,76398,524181,688498,826624,803662,113 Change from Prior Reporting Period 9,1685,85533,1194,69120,61346,97859,587 Traders 20283815755290196 Small Speculators LongShortOpen Interest 65,37828,068690,181 -239-12,84846,739 non reportable positionsCha...Read More