Rio Tinto Aluminium CEO Alf Barrios told delegates at the Resources for Future Generations conference in Vancouver Tuesday that the trade dispute showed how deeply US-Canadian trade relations ran.Read More

Investing.com - Gold prices were modestly lower on Tuesday, pressured lower by a rising U.S. dollar while trade tensions lingered.Comex gold futures for August delivery were down 0.23% to $1,277.20 a troy ounce as of 10:08 AM ET (14:08 GMT).Trade tensions between China and the U.S. continued, as the two largest economies in the world faced a tit-for-tat over global trade tariffs.In the latest spat...Read More

Under the deal, the Hong Kong-based private equity firm will pay US$230 million for the mine, plus about US$40 million through the sale of copper stockpiled at the operation and up to US$50 million in the future depending on the performance of the copper price.The deal is expected to close by the end of the year."We are very excited by the acquisition of Cerro Colorado. It is a copper mine of scal...Read More

The latest news and price moves to start the Asian day on Wednesday June 20.Base metals on the London Metal Exchange ended trading broadly lower on Tuesday June 19, led by a 2.2% drop in aluminium prices, while nickel and zinc's three-month prices dipped 2.1%. Read more here in our live futures report.Here is how prices looked at the close of trading:BHP has agreed to sell its Cerro Colorado coppe...Read More

Canadian investors are searching for top-quality companies to hold inside their self-directed RRSP portfolios.The strategy makes sense, especially when dividends are invested in new shares to take advantage of the power of compounding. Over a few decades, investors can see reasonably modest initial investments turn into large nest eggs.Let's take a look at Nutrien Ltd. (TSX:NTR)(NYSE:NTR) to see i...Read More

Katanga Mining Ltd. (TSX:KAT) hasn't been short of drama lately. First, the stock fell about 68% from a 52-week high of roughly $2.50 per share to as low as about $0.80 per share. The huge drop was triggered by its partner, G?(C)camines, a state-owned mining company in the Democratic Republic of Congo, threatening to dissolve the joint venture between the two companies.Then, the stock popped about...Read More

Foratom, the European nuclear trade body, has called on the European Commission and other EU institutions to recognise and reward the long-term operation (LTO) of nuclear power reactors in their role to help Europe meet its climate targets.There are 126 operational power reactors in 14 EU Member States, providing more than one-quarter of the bloc's total electricity production. In its Communicatio...Read More

GE Power's Steam Power and EDF Energy have reached a key project milestone with the start of manufacturing of the first rotor of the Arabelle steam turbine at GE's Belfort, France, centre of excellence for the Hinkley Point C project in England. The contract, awarded in May 2016, is on track to have its first 1770 MWe EPR reactor unit completed by 2025, GE said today.An Arabelle steam turbine roto...Read More

Zinc prices on the London Metal Exchange settled at their lowest in nine months at the close of trading on Wednesday June 20, while copper prices continued to edge lower on a surging US dollar index. Closing below $3,000 per tonne for the first time since August 2017, zinc prices fell to a low of $2,981 per tonne over the afternoon, shedding more than 6% of its three-month price week on week. ...Read More

Over-eager zinc bears have contributed to a ballooning backwardation in London Metal Exchange price spreads, having bet prices would drop further and sooner than fundamentals have allowed. The LME cash/three-month zinc price spread swung into a $43 per tonne backwardation on Monday June 18, from $30 per tonne backwardation on June 12 and a $3 per tonne contango at the end of May. The spreads have...Read More

Anyone who can't see a dangerous bubble should not be managing, analyzing or trading stocks. Even Hellen Keller could figure out what is going here: It's not easy shorting the market right now - for now - but there have been plenty of short-term opportunities to "scalp" stocks using short term puts. I cover both short term trading ideas and long term positioning ideas. You can learn more abou...Read More

Tin premiums were stable across global markets amid quiet trading conditions, while high outflows from Indonesia continue to keep market sentiment bearish.High inflows from Indonesia continue to keep market sentiment bearish, while sufficient supply and a weakening euro are keeping premiums flat across the board. Europe keeps steady amid quiet trading SHFE tin stocks rally 8% week on week US premi...Read More

Bob Moriarty ArchivesJun 20, 2018I will keep repeating the same message. We are in the timeframe of June/July for a tradable low in gold and silver. The DSI fell below 10 but the COTs do not yet reflect the extreme of emotion required for a vibrant bull move. For those readers not familiar with supply and demand as a factor in price, manipulation is the worse reason to invest in anything. If you b...Read More

Ferro-chrome prices cif China have risen over the past two weeks, underpinned by uncertain electricity supply at the country's main exporter, which could lead to higher production costs, as well as tightening domestic supply. Metal Bulletin calculated the charge chrome index cif China at $0.97 per Ib on Friday June 15, up 4 cents week on week and following another 4 cent increase the week pri...Read More

UC Rusal has started to export bauxite mined at Dian-Dian in Guinea's Bok?(C) province. Shipments follow the completion of the first stage of development at the deposit, which has capacity of 3 million tonnes per year of bauxite. As part of the first stage, Rusal has built the necessary roads, railway and other infrastructure needed to serve the mine. The company signed a multilateral agreement wi...Read More

Underground test mining at the Fortune Minerals NICO Project in the Northwest Territories. Source: Fortune Minerals Ltd.A recent surge in the price of cobalt has sparked renewed interest in Fortune Minerals Ltd.'s [FT-TSX; FTMDF-OTCQX] polymetallic NICO project in the Northwest Territories.During a telephone interview with Resource World Magazine, Fortune President and CEO Robin Goad said the comp...Read More

The Quantec MT geophysical survey at Belmont's Kibby Basin property in Nevada. Source: Belmont Resources Inc.Belmont Resources Inc. [BEA-TSXV; L3L1-FSE] shares rallied strongly Wednesday June 20 after the company said it has received borehole drill permits for a proposed drill program at its Kibby Basin Lithium Project in Nevada."A drilling contractor has been selected and drilling is anticipated...Read More

Domestic prices for mesh-quality wire rod produced and delivered in both Northern and Southern Europe are unchanged over the past week, sources said on Wednesday June 20.The Southern European domestic price for mesh-quality wire rod held at ?,?520-535 ($602-620) per tonne delivered on June 20 from a week earlier."Mills are looking to push prices up but this hasn't happened yet - the expectation is...Read More

The ZincX Resources Akie Project exploration camp in the Kechika Trough, 260 km north-northwest of Mackenzie, northeastern British Columbia. Photo courtesy ZincX Resources Corp.Zinc miners predict by 2025 production will fall short by 4.3 million tonnes annually - an opportunity not lost on Peeyush Varshney, CEO of British Columbia-based ZincX Resources Corp. [ZNX-TSXV]."We are confident in th...Read More

Prices for rebar produced and delivered in Northern Europe are unchanged over the past week amid stronger demand and reduced stock levels, sources told Metal Bulletin on Wednesday June 20.Metal Bulletin's weekly price assessment for domestic rebar in Northern Europe held at ?,?535-545 ($620-631) per tonne delivered on Wednesday."We can see that demand is coming back but it has not exactly spiked,"...Read More