Seaborne coking coal spot prices moved in different directions on Tuesday February 12 on the back of higher bids and lower offers.On the Global Coal Platform, a cargo of unbranded materials, loading in April, changed hands at $205 per tonne fob Australia, sources said. An offer of a top Australian brand was heard at $204 per tonne cfr China during the day, down from $205.50 per tonne a day ea...Read More

The outlook for the Brazilian mining industry has become very murky following a major accident in one of Vale's mines and the consequent increased scrutiny on operations by authorities, according to analysts.After Vale, the world's largest iron ore producer, announced it would be taking40 million tonnes per year (tpy) off its output to decommission older tailings dams, local regulators c...Read More

China's ferrous futures fell across the board on Tuesday February 12, with uncertainties still lingering in various market sectors on the second day of work following the Chinese Lunar New Year holidays.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,781 yuan ($560.40) per tonne, down 28 yuan per tonneMay hot-rolled coil: 3,672 yuan per tonne, down 28 yuan...Read More

Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday February 12 *Copper -$186.87 (-1,269.24 yuan) Aluminium -$372.82 (-2,532.22 yuan) Zinc -$110.35 (-749.52 yuan) Nickel -$596.24 (-4,049.71 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month...Read More

China's hot-rolled coil prices dropped on Tuesday February 12, dragged down by low demand.DomesticEastern China (Shanghai): 3,840-3,850 yuan ($566-568) per tonne, down 30-40 yuan per tonneNorthern China (Tianjin): 3,780-3,800 yuan per tonne, down 10-20 yuan per tonnePrices retreated after the surge on the day before, with downstream demand still weak as many companies have yet ...Read More

China's domestic rebar prices were mixed on Tuesday February 12, with those in eastern China flat but those in the north of the country up, while export prices increased sharply on the same day.  Domestic Eastern China (Shanghai): 3,830-3,880 yuan ($565-572) per tonne, unchangedNorthern China (Beijing): 3,820-3,860 yuan per tonne, up 20-30 yuan per tonneTraders in eastern China kept...Read More

Tshipi will issue more than $80 million in dividends in the second half of its financial year thanks to high manganese ore prices that have enabled the South African manganese miner to generate significantly higher cashflow than expected.For the second half of 2019, it declared a dividend of 1.1 billion rand ($80.2 million), its owner - Jupiter Mines - announced. The latest declaration will take&n...Read More

High-carbon and low-carbon ferro-chrome prices into Europe and the United States edged up over the past week, while Lunar New Year holidays across Asia kept markets in the region quiet. Charge chrome and ore prices into China stable Chinese domestic ferro-chrome price assessment rolled over Japanese and South Korean ferro-chrome prices unchangedAlloy prices into US and Europe tick up Prices for c...Read More

In the late stages of 2018, gold regained some of its luster. As a safe haven, investors warmed up to the yellow metal as the market corrected. Gold has quietly resumed its uptrend and is up 2.8% year to date.For investors, it is always a good idea to have gold exposure in your portfolio. It's no secret that the traditional large cap gold mining stocks have struggle mightily over the past few year...Read More

Canadian mining giant Teck Resources (TSX:TECK.B)(NYSE:TECK) released its fourth-quarter and annual 2018 results early on Wednesday. Quarterly performance was weaker than what analysts had predicted, but the company broke some new records for the year. The stock has been a great recovery story over the past three years. Does the latest financial report encourage new investment in the resources gi...Read More

Imagine that you - as a retirement investor - had to eschew the usual rote of stock selection based on branding, market cap, and hyperbole. If you were to stick to the usual defensive sectors of the TSX index but go for less obvious stocks to pad out an RRSP, what might those stocks be?Below you will find three suitable stocks that fit the bill, spanning the Canadian energy and mining industries,...Read More

So you want TSX index stocks that will set you up for years to come? Just right for an RRSP or other retirement savings plan, stocks like the following three popular choices offer retirement investors some solid gold routes to defensive dividends. Take a look at the stats as we delve into today's hottest retirement stock picks.Suncor Energy (TSX:SU)(NSE:SU)Towering over the Canadian investment lan...Read More

Nordic Gold's mill at its Laiva Mine near Raahe, Finland. Source: Nordic Gold Corp.Nordic Gold Corp. [NOR-TSXV; FIEIF-OTC] shares lost 38% of their value Wednesday February 13 after the company said it is experiencing liquidity and operational issues at its 100%-owned Laiva Mine near Raahe, Finland.In a status update that triggered heavy selling of the shares, Nordic said these problems are due to...Read More

Visible gold was encountered in the New Discovery area in drill hole BL 18-12. Photo courtesy Galway Metals Ltd.Galway Metals Ltd. [GWM-TSXV; GAYMF-OTC] rallied sharply on Wednesday February 13 after the company reported the first assays from a new gold find at the company's Clarence Stream project in southwest New Brunswick.The discovery hole, BL18-12, returned 7.3 g/t gold over 36.7 metres, incl...Read More

Site plan for Nemaska's Whabouchi lithium mine in Quebec. Source: Nemaska Lithium Inc.Nemaska Lithium Inc. [NMX-TSX; NMKEF-OTCQX; NOT-FSE] shares tumbled Wednesday February 13 after the company said it will need an additional $374 million to complete the construction of its Whabouchi Project (mine and electrochemical plant) in Quebec.The announcement follows a "cost to complete reassessment" which...Read More

What is Saudi Arabia's greatest fear?It's not being called out by the international community over murdering a journalist. It's certainly not over the fact that women in the country were able to vote for the first time only a few years ago or were allowed to drive a car starting only last year. The answer... is camels.You see, neither of those first two things is more frightening to a young Saudi...Read More

This Valentine's Day might best be remembered for two things in particular. One, for the first time in 153 years, candy lovers won't be able to pick up a box of Sweethearts, those classic heart-shaped candies bearing sweet nothings like "BE MINE" and "CRAZY 4 U." And two, consumers are set to spend more than $20 billion on Valentine's gifts for the first time ever, thanks in part to a surge in...Read More

By: Craig Hemke With our initial price goals for 2019 having been achieved, COMEX gold and silver are now in their first pullback phase of the year. How long will it last and what are the next upside price targets?If you've been following along every week, then you'll recall that we were quite adamant regarding a year-end 2018 and Q1 2019 price rally for both gold and silver. From the November...Read More

From Dr. Maya Shetreat, MD:"Don't blame a clown for acting like a clown. Ask yourself why you keep going to the circus."THE WALL STREET CIRCUS DISTRACTS PEOPLE.Wall Street cheerleaders assure everyone stocks go up in the long term. Yes, they rise because the dollar is devalued every year, which they seldom discuss. Their cheerleaders avoid stating that corrections and crashes occur every five to...Read More

By: Ira EpsteinGold (and silver) continues to hold in key support zone of 18-Day Moving Average of Closes. China buying more gold again. Supportive of the gold market. Gold drifting sideways..Read More