European molybdenum prices rose in trading this week, with oxide bouncing off a six-month low and ferro-molybdenum off a low last seen in December 2017 after a raft of new deals. The moves were fueled by a relative tightness in oxide, which pulled up alloy offer prices, although muted consumer demand for ferro-molybdenum and readily available supplies in Rotterdam may cap firmer price advances in...Read More
China's ferrous futures declined in the first hour of morning trading on Thursday January 24, but largely ended the session little changed from their opening prices.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,662 yuan ($539) per tonne, up 3 yuan per tonneJanuary hot-rolled coil: 3,576 yuan per tonne, down 3 yuan per tonneDalian Commodity Exchange January iron or...Read More
Import prices for stainless steel in East Asia continued to edge up over the past week amid higher offers from some sellers and costlier nickel. But trading activity has begun to slow down with Chinese participants in a holiday mood ahead of the Lunar New Year, sources said on Wednesday January 23.Fastmarkets MB's import price assessment for 304 stainless 2mm trimmed cold-rolled coil in East Asia...Read More
China's domestic stainless steel prices have remained flat for a fourth week amid an inactive market.Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,200-14,800 yuan ($2,090-2,178) per tonne including value-added tax for the week ended Wednesday January 23, unchanged from a week earlier.More market participants have...Read More
Endeavour Mining (TSX: EDV; US-OTC: EDVMF) produced 52% more gold in 2018 than it did in 2017, exceeding the upper end of its full-year guidance.The company produced 612,000 oz. gold in 2018, up from 403,000 oz. gold the year before. (It had previously estimated producing no more than 590,000 oz. gold in 2018.)At the same time, Endeavour's all-in sustaining costs (AISC) fell 4% in 2018 to $745 per...Read More
Fastmarkets proposes to update the normalization coefficients of the Turkey and Rotterdam ferrous scrap indices at a rate of once per month instead of once per quarter at present.The indices to which this proposed change relates are the HMS 1&2 (80:20), Northern Europe-origin material, cfr Turkey index; the HMS 1&2 (80:20), USA-origin material, cfr Turkey index; and the HMS 1&2 (80:20), Northern E...Read More
For the best editorial on Junior Mining visit - http://www.cambridgehouse.com/miningFrank Holmes goes in depth on the unwinding of QE and how it impacts the volatility of the stock market at VRIC 2019. Get great insights on why the trade wars have been so unsettling to the macro markets. Join us at an upcoming event! http://www.cambridgehouse.comBe part of our investment community:http://www.cambr...Read More
by Peter EpsteinCEO Robert Mintak has 2 unconventional lithium projects in the U.S., one of which he believes is de-risked more than most lithium projects around the world due to infrastructure, permitting, jurisdiction and other key factors. While Robert can't know for sure until Standard Lithium releases a Preliminary Economic Assessment (PEA), it seems likely that cap-ex will be low compare...Read More
A new year means you can contribute additional money into your TSFA. For 2019, the contribution limit is $6,000.Since you'll never have to pay any taxes on the money you are making in your TFSA, you should try your best to maximize its potential. Buying cheap stocks that pay high dividends is a good way to do so. All the juicy dividends you'll receive and the capital appreciation you'll get from t...Read More
Growth investment usually takes two distinct forms when it comes to investing in the TSX index: buying for future capital gains and buying for ongoing dividends. Among the best quality growth stocks to buy now, investors will find a spread of very diverse data, which includes a whole range of multiples, outlooks, track records, and other indicators of value, quality, and momentum.Below you will fi...Read More
With so much uncertainty in the world today, investors are looking for somewhere secure to put their money.A safe haven.Consider gold, as this precious metal has been the go-to in times of elevated uncertainty.In late 2011, gold prices peaked at close to $1,900 per ounce, then retreated steadily to levels of just over $1,000 per ounce at the end of 2015. Prices are currently just shy of $1,300 per...Read More
As the lithium growth play continues to shape up over time, Lithium Americas (TSX:LAC)(NYSE:LAC) and its more advanced counterpart Nemaska Lithium are two very promising pure-play lithium stocks on the TSX that have gone through severe pain during the past year. Could a lithium growth play deliver better returns in 2019?Forecasted growth in lithium demand driven mainly by future electrical vehic...Read More
Finance, mining, healthcare, and marijuana may seem like fairly disparate industries, so what do they have in common? The short answer is that all four of those industries contain companies expecting high growth over the next one to three years.Let's take a look at one representative stock trading on the TSX index from each of these key Canadian industries and see which of them would be suitable f...Read More
by Peter EpsteinCEO Robert Mintak has 2 unconventional lithium projects in the U.S., one of which he believes is de-risked more than most lithium projects around the world due to infrastructure, permitting, jurisdiction and other key factors. While Robert can't know for sure until Standard Lithium releases a Preliminary Economic Assessment (PEA), it seems likely that cap-ex will be low compare...Read More
The company says an ASX listing is no longer in the best interests of the company and its shareholders, and it is better off sticking with London's Alternative Investment Market, which has become its de facto trading hub over the past eight years with around 83% of trading happening there. While its second biggest bourse is the ASX, it accounts for less than 11% of trading, so it will give Au...Read More
The South Arturo gold mine on the Carlin Trend, Elko County, Nevada, a joint venture between Premier Gold Mines and Barrick Gold. Source: Premier Gold Mines Ltd.Premier Gold Mines Ltd. [PG-TSX, PIRGF-OTC] on Friday January 25 announced a US$68 million financing package to fund project development.The multi-pronged financing package includes a credit facility with Investec Bank for US$50 million an...Read More
Drilling the Goldstack Zone at the Plateau Project, Yukon. Source: Goldstrike Resources Ltd.Goldstrike Resources Ltd. [GSR-TSXV] on Friday January 25 said that Newmont Mining Corp. [NEM-NYSE] has elected to drop its option to earn an interest in Goldstrike's 100%-owned Plateau property in the Canadian Yukon.Investors reacted to the news by sending Goldstrike shares down 14.3% or $0.01 to $0.06 o...Read More
It's that time of year again where everyone starts to think about filing their tax return.But let me ask you a simple question:Why do we pay taxes?What's the point?What is the reason for taxes?You might be thinking something like: Well, duh, Luke. Taxes obviously pay for things like roads, police, teachers, military, firefighters, libraries, park rangers, and countless other social services... don...Read More
GoldSeek Radio's Chris Waltzek talks to Bill Murphy of the Gold Anti-Trust Action Committee and La Metropole Cafe. (http://www.gata.org/ http://www.lemetropolecafe.com/)Please Note that the video is not included in this version, but will be in the future.Read More
The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling b...Read More