Recent News

Alumina index hits $470/t while Alunorte force majeure, tightness drag on

April 10, 2018 / www.metalbulletin.com

Alumina prices have continued to accelerate so far this week, underpinned by tightness caused by disrupted production at Hydro's Alunorte alumina refinery. Metal Bulletin's daily fob Australia alumina index was calculated at $476.39 per tonne on Tuesday April 10, up $24.67 or 5.5% compared with the previous day's assessment. "The market is tight, and only getting tighter by the day. You can e...Read More

South Korean authorities order 20-day shutdown at Young Poong's Seokpo zinc smelter

April 10, 2018 / www.metalbulletin.com

Young Poong's 300,000-tonne-per-year Seokpo zinc smelter will begin an enforced 20-day shutdown on June 11 after the Korean Environmental Agency found the company guilty of multiple environmental transgressions, local media including Yonhap News reported. Seokpo smelter, which is located in a national park, released waste water into the local environment with fluoride and selenium levels above the...Read More

As if five parallel zones wasn't enough: Bonterra Resources announces the discovery of a sixth parallel zone at Gladiator

April 10, 2018 / feedproxy.google.com

As mentioned before, we were (and still are) expecting a steady news flow from Bonterra Resources (BTR.V) as it's advancing its 70,000 meter drill program at the Gladiator gold deposit in Qu?(C)bec. The past few holes didn't contain anything unusual as they confirmed the continuity and consistency of the gold veins, but in hole 9, Bonterra appears to have discovered a sixth parallel gold zone as i...Read More

GLOBAL VANADIUM WRAP: European FeV prices slide on traders profit-taking; V2O5 prices up on supply concerns

April 10, 2018 / www.metalbulletin.com

The European ferro-vanadium market retreated last week while traders sold cheaper in order to take profits amid quieting spot demand. European ferro-vanadium market slides while traders take profits European V2O5 prices strengthen on lack of availability US ferro-vanadium market flat lines with market falling dormantSpot prices for European ferro-vanadium slipped to $69-72 per kg on April 6, deliv...Read More

Kerr sees near term production opportunity at Copperstone

April 10, 2018 / resourceworld.com

The Kerr Mines Copperstone Mine in western Arizona. Source: Kerr Mines Inc.Kerr Mines Inc. [KER-TSX, KERMF-OTC, 7AZ1-FRA] on Tuesday April 10 announced the results of an independent Pre-Feasibility Study and resource update for its past-producing Copperstone Mine in Arizona. The resource update is in compliance with NI 43-101 standards of disclosure."On the momentum of a very successful 2017 Phase...Read More

Chromium prices jump 25% on severe supply shortage

April 10, 2018 / www.metalbulletin.com

A severe shortage of chromium, along with firm downstream demand, has caused prices of the metal to hit their highest level in almost seven years. Metal Bulletin's weekly price assessment for in-warehouse chromium soared 25% to $13,250-13,995 per tonne on Friday April 6, from $10,500-11,300 per tonne the week before. The price was last seen at $13,000-14,000 per tonne in June 2011. "It is a p...Read More

Junior Gold Miner Moves Up on Production Results

April 10, 2018 / smallcappower.com

Roxgold Inc. (TSX:ROXG), a junior gold miner, glistered after announcing record first-quarter 2018 production from its Yaramoko Gold mineSean Mason | April 10, 2018 | SmallCapPowerShares of a junior gold miner gained ground Tuesday following record Q1 production. Here's some small stocks making big moves on Tuesday, April 10, 2018 (as of 4 pm EST):Roxgold Inc. (TSX:ROXG) shares rose 4% to $1.07...Read More

PEOPLE MOVES: Martin Vydra to retire from Sherritt this month

April 10, 2018 / www.metalbulletin.com

Martin Vydra will retire from Canada-based nickel and cobalt producer Sherritt International at the end of April, Metal Bulletin understands. Vydra, who is senior vice-president, commercial & technologies, has held a wide range of senior roles at Sherritt during the 31 years he has spent...Read More

Allegiant Gold shares heading to 90 cents, Beacon says

April 10, 2018 / resourceworld.com

Drilling the Eastside Propject in Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin out company comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX] has emerged on the buy list at Beacon Securities Ltd., which has set a 12 month-target of around 90 cents for the stock.Allegiant shares rose 1.20% or $0.005 to 42 cents on Tuesd...Read More

4 Canadian Nickel Stocks Quietly Outperforming

April 10, 2018 / smallcappower.com

The Canadian nickel stocks on our list have averaged 16% YTD returnsSmallCapPower | April 10, 2018: Battery metals have seen a correction after their rally earlier this year, with almost none of the lithium and cobalt companies we track seeing positive YTD returns. Lithium prices are currently US$126,000/t, down 20% YTD, and although cobalt prices are currently up, US$41.50/lb and up 20% YTD, many...Read More

Prophecy Development to build North America's first primary vanadium mine

April 10, 2018 / resourceworld.com

Prophecy team and its partners on top of Gibellini March 2018While vanadium has been used to strengthen steel for decades, recently it has gained importance in the energy metals sector. The development of vanadium redox flow batteries is set to play a key role in storing electric power on a grid scale, thus solving the problem of storing power from intermittent sources such as wind turbines and so...Read More

DAILY SCRAP REPORT: Turkish mills still quiet in deep-sea markets

April 10, 2018 / www.metalbulletin.com

Turkish steel producers remained quiet in the scrap markets on Tuesday April 10, amid a sharp weakening of the Turkish lira against the US dollar and uncertainty in the finished steel export markets.Turkish steel mills booked a number of deep-sea cargoes for April and May last week before stepping back from the deep-sea markets at the end of the week.Market participants were expecting Turkish mill...Read More

Enbridge Has Dividend Yield Appeal for Passive Investors

April 10, 2018 / smallcappower.com

Enbridge Inc.'s (TSX:ENB) stock price slide has made its dividend yield (currently at 6.7%) amongst the highest in its peer groupSmallCapPower | April 10, 2018: Enbridge Inc. (TSX:ENB) (NYSE:ENB) is one of North America's largest energy infrastructure providers, transporting 28% of the crude oil produced in North America and 23% of all natural gas consumed in the United States. Enbridge is Canada...Read More

Oil: Buy Low, Sell High

April 10, 2018 / www.energyandcapital.com

Most people are idiots. The majority of people will buy high and sell low. When something is hot, everybody wants it. When it is on sale, you can't get a bid. That's the nature of markets.When I first recommended Bitcoin to my Bubble and Bust Report readers in May of 2016, few people had heard about it, and fewer still were inclined to invest. And yet when I said to sell it in January of 2018 for...Read More

Pacific Empire (TSXV: PEMC) Announces Partner-Funded Drilling Commences at Stars Copper Property, British Columbia

April 10, 2018 / www.investorideas.com

Vancouver, British Columbia - April 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Pacific Empire Minerals Corp. (TSXV: PEMC) ("PEMC" or the "Company"), a hybrid prospect generator focused in British Columbia, is pleased to announce that partner-funded diamond drilling has recommenced on the Stars copper property (the "Property" or "Stars") in central British Columbia."Having multiple ongo...Read More

Is Science Offensive? The Blurry Line Between Transgender Athlete and Cheating.

April 10, 2018 / www.thedailybell.com

The transgender movement blurs the line between two words: gender and sex.I am willing to surrender the word gender. The new definition of gender is that it is not a scientific term, but rather a cultural identifier of traits typically related to biological sex. So a biological male who feels like he fits the role society views as female could change his gender because gender is a social construct...Read More

LIVE FUTURES REPORT 10/04: Comex copper price hits three-week high

April 10, 2018 / www.metalbulletin.com

Comex copper prices surged to close to a one-month high in the US morning on Tuesday April 10, with the dollar retreating and the complex becoming more optimistic due to fundamental demand trends. Copper for May settlement on the Comex division of the New York Mercantile Exchange rose 5.15 cents or 1.7% to $3.1285 per lb. Earlier, the price touched $3.1280 per lb, the highest since March 15. "Whil...Read More

The Slippery Slope to a Constitution-Free America

April 10, 2018 / www.thedailybell.com

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."-Benjamin FranklinThe ease with which Americans are prepared to welcome boots on the ground, regional lockdowns, routine invasions of their privacy, and the dismantling of every constitutional right intended to serve as a bulwark against government abuses is beyond unnerving.I am...Read More

METALS MORNING VIEW 10/04: China's pledge to open markets provides prices with a boost

April 10, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were broadly up on Tuesday April 10, with markets reacting positively to Chinese President Xi Jinping's pledge to further open up China's economy. Aluminium continues to lead the complex higher, with the light metal up by 0.9% at the time of writing. This after surging 3.8% on Monday in response to the United States' sanctions against Russia and key...Read More

Gold Seeker Closing Report: Gold and Silver Gain with Stocks and Oil

April 10, 2018 / news.goldseek.com

 CloseGain/LossGold $1340.70+$3.40Silver$16.58+$0.08XAU81.94+1.09%HUI177.21+0.83%GDM621.01+1.18%JSE Gold1089.78-21.23USD89.62-0.22Euro123.57+0.36Yen93.24-0.47Oil$65.51+$2.0910-Year2.793%+0.013T-Bond145.90625-0.15625Dow24408.00+1.79%Nasdaq7094.30+2.07%S&P2656.87+1.67%  The Metals: Gold dipped $6 to $1331.30 in Asia before it bounced up to $1342.40 in early afternoon New York...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok