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Bonterra Resources Announces Closing of $32 million Private Placement

August 20, 2019 / bit.ly

Bonterra Resources Inc. (TSXV:BTR, OTCQX:BONXF, FSE:9BR2) (theRead full newsRead More

Gold & Jackson Hole: No Cause for Concern

August 21, 2019 / www.miningfeeds.com

 More powerful money managers are stepping forward to recommend gold in a negative real rates environment.Please click here now. The focus of these elite money managers and analysts is mainly on bullion.Many of the more speculative junior miners that trade on the CDNX have yet to participate in this gigantic rally, but that may indicate that the rally is only in the earliest stages.Please cli...Read More

It's Going to Happen and You Need to be Ready

August 17, 2019 / www.outsiderclub.com

With the speed of today's news cycle, it's easy to miss a story as it comes and goes. This is especially true as we plunge into election season, with the democrat contenders of 2020 going out and trying to convince voters that they're right for the job. One week, we were talking about one contender attacking another's record on crime. Another week, it was repeated coverage on an embarrassing gaf...Read More

Gold & Jackson Hole: No Cause for Concern

August 21, 2019 / www.miningfeeds.com

 More powerful money managers are stepping forward to recommend gold in a negative real rates environment.Please click here now. The focus of these elite money managers and analysts is mainly on bullion.Many of the more speculative junior miners that trade on the CDNX have yet to participate in this gigantic rally, but that may indicate that the rally is only in the earliest stages.Please cli...Read More

Silver Is 'Off to the Races' Soon Once This Happens - TheStreet

August 22, 2019 / www.thestreet.com

The gold-silver ratio is expected to come down in the next few months, with silver outperforming gold, said Todd Horwitz, chief strategist of BubbaTrading.com. "I've think we've got a big run coming, I think it's going to narrow that range in gold, I don't think gold's going down. I think silver is going to finally outperform gold over the next two to three months," Horwitz told Kitco News. Horw...Read More

LIVE FUTURES REPORT 21/08: LME zinc price rallies despite low turnover; tin still on downtrend

August 22, 2019 / www.metalbulletin.com

The three-month zinc price on the London Metal Exchange was higher at the close of trading on Wednesday August 21, gaining by 2.3% on low turnover, while a steady decline in tin futures continued to prompt market concerns.Zinc futures began the day trading at around $2,230 per tonne before a strong bout of buying saw the metal close at $2,288.50 per tonne, its highest price since August 13.Volumes...Read More

Gulliver and three Lilliputians

August 21, 2019 / www.adviceforinvestors.com

In a recent survey of gold mining stocks, The MoneyLetter featured the world's largest producer and three juniors-all favored by the analysts that follow them.Haywood Securities analysts Kenny Smith and Danny Ochoa believe the recent price breakout has started a new bull market in gold and renewed interest in Barrick Gold Corp. (TSX-ABX; NYSE-GOLD) and the gold sector overall. The analysts maintai...Read More

BASE METALS WARRANT REPORT 21/08

August 22, 2019 / www.metalbulletin.com

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 21.Please click...Read More

GLOBAL NICKEL WRAP: China premiums fall on closed import window; EU, US flat

August 22, 2019 / www.metalbulletin.com

Nickel premiums in China fell due to a widened arbitrage loss in the week to August 20 while European and United States premiums held during the quiet summer period despite a tightening forward curve and London Metal Exchange price volatility. Chinese premiums decline with traders not prepared to purchase material at a negative arbitrage, which widened to a loss of 6,000 yuan per tonne on Tuesday...Read More

NOBLE ALLOYS MARKET REPORT 21/08: Molybdic oxide prices up in Asia; Europe consumers refrain

August 22, 2019 / www.metalbulletin.com

An overview of the noble alloys markets and their latest price moves.Read More

Bonterra raises C$32 million

August 21, 2019 / www.mining-journal.com

The company issued 7.4 million $2.50 shares for gross proceeds of $18.5 million, 2.2 million flow-through units at $3 each ($6.5 million proceeds), and 1.6 million super flow-through units at $4.30 each ($7 million).Each unit consists of one share and half a warrant exercisable at a price of $3.10 each for three years. Each flow-through unit consists of one share and half a warrant. Each super flo...Read More

North American thermal coal outlook turns sour

August 22, 2019 / www.mining-journal.com

Moody's expects coal sector EBITDA to decline more than 3% over the next 12 months. Weighing on the assessment was a substantive drop in thermal coal export prices, while economic, environmental and social factors continued to weigh on demand from utilities, VP and senior credit officer Benjamin Nelson said."Coal producers' profitability will worsen significantly over the next 12-to-18 months, dri...Read More

Glencore offtake for Largo V2O5 will expire April 2020

August 22, 2019 / www.metalbulletin.com

The offtake agreement that sees Glencore market the vanadium pentoxide (V2O5) produced by Largo Resources in Brazil will not be renewed when it expires on April 30, 2020, the latter said late on Tuesday August 20. "Our current offtake agreement was instrumental in securing the initial financing for the construction of the Marac??s Menchen mine," Largo Resources' chief executive officer Mark Smith...Read More

GLOBAL ALUMINIUM WRAP: Rotterdam duty-unpaid premium at highest since June 2018

August 22, 2019 / www.metalbulletin.com

The consistent wide contango in London Metal Exchange price spreads pushed aluminium premiums in Rotterdam higher in the week ended Tuesday August 20, while premiums in South Korea declined because of poor demand. Rotterdam duty-unpaid premium at highest since June 2018 MJP premium flat due to lack of activity Midwest US premium remains untested.European aluminium premiums high on contangoPremiums...Read More

Antioquia governor playing politics with mining

August 21, 2019 / www.mining-journal.com

"This wasn't an attempt to ban mining; banning mining would have meant 0% available for mining, not just short of a million hectares!" the CEO said. Antioquia comprises 63,612km2.Read More

Stocks End Higher on Target and Lowe's Earnings; Yield Curve Concerns Persist - TheStreet

August 22, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now Stocks finished up Wednesday, boosted by strong earnings reports from Target (TGT - Get Report) and Lowe's (LOW - Get Report)   and despite a brief late afternoon yield curve inversion. Target surged after the big-box retailer reported second-quarter earnings handily ahead of analysts' estimates and raised its full-year guidan...Read More

Precious Metals Update Video: Gold consolidating

August 21, 2019 / news.goldseek.com

By: Ira EpsteinGold nearing its 18-DMA support ~$1,490. Gold hit $1,503, new lower high short-term. Lost overbought momentum:Read More

Gold & Jackson Hole: No Cause For Concern

August 21, 2019 / news.goldseek.com

Stewart Thomson, Graceland Updates 1. More powerful money managers are stepping forward to recommend gold in a negative real rates environment.2. Please click here now. The focus of these elite money managers and analysts is mainly on bullion.3. Many of the more speculative junior miners that trade on the CDNX have yet to participate in this gigantic rally, but that may indica...Read More

DAILY SCRAP REPORT: Bids scarce, below offers as mills hold back from market

August 22, 2019 / www.metalbulletin.com

Trading was quiet in the Turkish deep-sea scrap import markets, with most mills not showing any eagerness to buy material, and a few still bidding below the current offer prices, sources said on Wednesday August 21.A number of steel mills were staying out of the scrap import markets because of the weak demand for finished long steel products and billet, so the pressure on scrap prices was increasi...Read More

MORNING VIEW: Markets quiet while they consolidate, wait for pointers from central bankers' symposium at Jackson Hole

August 22, 2019 / www.metalbulletin.com

The drone sound from the markets has not changed - no progress on United States-China trade talks, continued economic headwinds and various simmering geopolitical concerns.The fact there is more central bank and government talk about monetary easing and the need for stimulus highlights the far from bullish situation the global economy is in and that is reflected in market sentimentAsian equity mar...Read More

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