Base metals prices on the London Metal Exchange consolidated during morning trading on Thursday January 24, paring back gains made at Wednesday's close while continued fresh cancelations in LME aluminium and zinc stocks keep price action elevated. Similarly, both tin and lead futures remained well supported over the morning, with the former trading at its highest level since June 2018 and the latt...Read More

Arbitrage for copper, aluminium, zinc and nickel imported into China on Thursday January 24 *Copper -$71.40 (-485.77 yuan) Aluminium -$365.94 (-2,489.66 yuan) Zinc -$52.28 (-355.70 yuan) Nickel -$153.06 (-1041.33 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month...Read More

China hot-rolled coil market was largely stable on Thursday January 24 amid inactivity ahead of the Chinese New Year holiday.DomesticEastern China (Shanghai): 3,720-3,730 yuan ($548-549) per tonne, up 10-20 yuan per tonneNorthern China (Tianjin): 3,650-3,670 yuan per tonne, unchangedPrices stayed at "a moderate level," which yields HRC producers profit margins of 250-500 yuan per tonne, several so...Read More

United States-based global miner Freeport-McMoRan has been issued with pre-tax charges of nearly $400 million in penalties and interest related to disputed mining royalty assessments for its Cerro Verde copper mine in Arequipa, Peru.The charges relate to the years 2009 to 2013, and have come after Cerro Verde, in which Freeport owns a 53.56% stake, chose not to appeal a decision by the Peruvian Ta...Read More

Freeport-McMoRan expects its copper and gold production to fall over the next two years due to a long-anticipated transition of its operations in Indonesia, before improving significantly again. The Arizona, United States-based copper producer forecasts consolidated sales of around 3.3 billion lb of copper in 2019, down from 3.8 billion lb in 2018, along with 800,000 oz of gold, also down from 2.4...Read More

A summary of Kaz Minerals' production results for the year ended December 31, 2018.What follows is a full-year total, and...Read More

The prices for cobalt products in China were broadly steady on Wednesday January 23 on limited availability of prompt cargoes, but market participants are wary of price vulnerability after the Chinese New Year holiday on February 4-10. Fastmarkets MB assessed the Chinese domestic min 99.8% Co price at 325,000-350,000 yuan per tonne ($18.72-20.16 per lb, less China VAT) on Wednesday, unchanged...Read More

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