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

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

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

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

First Vanadium (TSX-V: FVAN) is one of the better known vanadium companies. Its CEO, Paul Cowley, can be seen in a number of video clips that I linked to at the bottom of the page. Despite being a blue chip name, First Vanadium's market cap is just US$19.5 M. This, for a company that claims to have the highest-grade primary vanadium project in North America, and a plan to fast-track its fl...Read More

With gold prices hitting a 1o-month high in February, the mega-merger between Goldcorp Inc. (TSX:G)(NYSE:GG) and Newmont Mining (NYSE:NEM) seemed to be progressing smoothly.Peter Hug, the global trading director at Kitco Metals, highlighted how the “uncertainty of trade talks and fears that the U.S. equity market may be running out of steam is creating capital flows into a more protective...Read More

With share prices falling in some of the best mining stocks on the TSX index, capital gains investors have some bargains to choose from at the moment. But what kinds of growth rates in terms of annual earnings can would-be investors expect from discounted mining stocks such as these? With gold and silver potentially set to have a good 2019, value opportunities abound for traders looking for upside...Read More

First Vanadium (TSX-V: FVAN) is one of the better known vanadium companies. Its CEO, Paul Cowley, can be seen in a number of video clips that I linked to at the bottom of the page. Despite being a blue chip name, First Vanadium's market cap is just US$19.5 M. This, for a company that claims to have the highest-grade primary vanadium project in North America, and a plan to fast-track its fl...Read More

Elon Musk a has long track record of being long on promises and short on deliveries - literally and figuratively. His motive, as has been self-professed repeatedly on Twitter, is to torment short-sellers by driving the stock higher with fraudulent tweets. But underlying Musk's garish bravado and overtly fraudulent financial reports is a business operation that, by all indications, is slowly...Read More

By various gauges ofvalue, the gold and gold mining sector is the most undervalued of all theinvestment sectors; that should change shortly. if we judge by the lack ofresearch coverage of gold companies we might conclude that there is littleinterest, but don't be fooled. Our analysis suggests that we are seeing one of the best opportunities ever...Read More

Oscar Gonzalez Rocha, CEO of Southern Copper Corp. Source: Southern Copper Corp.Southern Copper Corp. [SCCO-NYSE, Lima] is expected to soon receive a construction license for its long delayed US$1.4 billion Tia Maria copper project in Peru.Reuters news service is reporting that Peru is expected to grant the license ahead of the lapse of the project's environmental permit in August 2019.Companies i...Read More

South Star Mining's Santa Cruz graphite project in Bahia State, Brazil. Source South Star Mining Corp.South Star Mining Corp. [STS-TSXV; STSBF-OTCQB] said Friday March 1 that it has completed the first tranche of a previously announced $500,000 private placement that will be used to advance the company's flagship Santa Cruz graphite project in Brazil.South Star shares were active on the news, risi...Read More

Table 1: Composite of Reverse Circulation (“RC”) Drill Results at Portal 3060To view an enhanced version of Table 1, Click HereFigure 1: Map of Reverse Circulation ("RC") drill locations proximal to the 3060 Portal.Figure 2: Map of completed RC Drill Program (Phase 1 and Phase 2) on historic terraces.Results on the Phase 1 and Phase 2 targets of the historic terraces will be released i...Read More

Mexico faces a hurdle that's bigger than any wall Donald Trump could ever build...Our southern neighbors have a gas problem - a natural gas problem, to be exact.It's pretty simple: Mexico already consumes much more natural gas than the country can possibly produce. And it's gonna need much more of the fossil fuel over the next several decades.Anyone can see the dilemma. But while Mexico has the pr...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 254,086108,43953,521146,161312,638453,768474,598 Change from Prior Reporting Period 39,916-857133-13,51526,85126,53426,127 Traders 21872684755291173 Small Speculators LongShortOpen Interest 50,87130,041504,639 2,0222,42928,556 non reportable positionsChan...Read More

The gold miners' stocks have been climbing higher on balance, enjoying a solid upleg that is gathering steam. That's fueling improving sentiment, driving more interest in this small contrarian sector. This gold-stock upleg is likely to grow in coming months, partially because of very-favorable spring seasonals. The gold stocks' second-strongest seasonal rally of the year typically unfolds...Read More

It's hard to believe, but the year 2019 is already about 15% in the books. So, with two months behind us, perhaps it's a good time to check in, assess what we've accomplished thus far in COMEX gold and silver, and then look ahead to what's coming as the year progresses.The focus of this post is to update our primary forecasts from December and January. These were each posted at Sprott Money an...Read More

(I wrote here earlier that a public-pension bust is coming that will usher in the Second Great Depression. Could California, Illinois, Connecticut, New Jersey et al. avoid disaster by raising taxes? That's what John Jay, a regular contributor to the Rick's Picks forum, thinks they will do. I strongly doubt it, however, since there is no way the revenuers will be able to squeeze blood from a s...Read More

By: IRA EPSTEINBig volatility can create no volatility for a while, everyone worn out. Gold in a correction phase, nothing bearish looking on the weekly chart.Read More

*This video was recorded on 2/27/19Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rig...Read More