For as long as we've been extracting gold out of the ground, the precious metal has been used as a store of wealth that has, with few exceptions, increased in value over time.One of those more recent exceptions was the period between 2011 and 2015, when gold prices dropped from nearly US$1,900 to sub-US$1,100 per ounce, forcing miners to seriously consider cutting costs and focus on the most profi...Read More

The past several months have been very good for companies in the resource sector and, more specifically, those in the oil segment. As the price per barrel of oil continues to increase higher (as it should), it is easy to understand why many shares are also trading at higher prices.As the future profits of oil companies are dependent on the price of oil, the correlation between the going price per...Read More

Weekly Reports |Jun 19 2018The US regulator has criticised the president's directive that would see electricity providers forced to buy nuclear power.-US regulator criticises Trump-Korean reactor to shut down early-Spot price wanes as demand subsidesBy Greg PeelThe story in the US so far...US legacy nuclear plants are closing down or threatening to close down as they cannot compete with gas-fired...Read More

Switzerland-based miner-trader Glencore has settled a dispute over its Kamoto Copper Co (KCC) operation in the Democratic Republic of Congo (DRC). Now it's being singled out as a beacon of commitment to efforts by state-run mining company G?(C)camines to restructure its mining sector. Switzerland-based miner-trader Glencore has settled a dispute over its Kamoto Copper Co (KCC) operation in the Dem...Read More

Unit 4 of Kyushu Electric Power Company's Genkai nuclear power plant in Saga Prefecture today became the ninth Japanese reactor to resume power generation. The 1180 MWe pressurised water reactor is expected to re-enter commercial operation in mid-July.The four-unit Genkai plant (Image: Kyushu)The utility began the process of extracting the control rods from the reactor on 16 June. Kyushu announced...Read More

A summary of base metals premiums from across the globe for the week to Tuesday June 19. Please click...Read More

The US Department of Energy's (DOE's) Office of Nuclear Energy has awarded nearly USD64 million to 89 projects for nuclear energy research, facility access and crosscutting technology and infrastructure development. The funds will be provided to DOE national laboratories, industry and 39 US universities in 29 states.The awards provide funding for nuclear energy-related research through three DOE n...Read More

Base metals on the London Metal Exchange ended trading broadly lower on Tuesday June 19, lead by a 2.2% drop in aluminium prices while nickel and zinc's three-month prices dipped 2.1%. Pressured by a surging US dollar index, which reached a fresh 2018 high of 95.30, the base metals complex traded lower throughout the day.Aluminium's three-month price recorded the largest drop of the day, shedding...Read More

The recent uptrend in prices persisted across the Chinese, European and United States' vanadium markets owing to low availability. Fob China vanadium prices rose on domestic tightness as uptrend continues European ferro-vanadium market strengthened once again amid supply concerns  US ferro-vanadium market ascends on low availability Metal Bulletin assessed fob China ferro-vanadium min 78...Read More

Bob Moriarty ArchivesJun 19, 2018TheDaily Sentiment Indicator tumbled to a value of 9 on Friday Jun 15th. I have said for weeks that we are due a tradable low in the June/July timeframe and it would need to be below 10. So we are in the timeframe and it is below 10. It’s just my opinion but I still see too many bulls and I suspect the low is a couple of weeks away. Look for a plunge in specu...Read More

Production curtailments at major Chinese producer Ningxia Tianyuan will continue to support manganese flake and ferro-chrome markets, market participants have told Metal Bulletin. Last month, Ningxia Tianyuan, the world's biggest manganese flake producer, cut manganese flake output by around 16,000 tonnes per month after one of its three facilities were closed for maintenance, a source at the...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comJun 19, 2018The dollar and the US stock market may be starting their next major legs down today. Pleaseclick here now. Double-click to enlarge this ominous US dollar versus Japanese yen chart.Central banks around the world are ramping up their tightening. Back in 2013-2014 when I predicte...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...Read More

Seaborne and port manganese ore prices advance again on higher offers from miners and traders. Manganese ore prices up due to higher offers Alloy prices rise in China on production cuts, low inventory levels Alloy prices hold in India, EuropeFerro-manganese prices drop in US, oversupply fears take holdManganese ore prices continued rising on Friday June 15 while miners hiked offer prices and trade...Read More

The Chinese domestic ferro-silicon market has lost earlier gains as a result of slow demand outweighing environmentally driven production cuts and anticipated tighter supply. Meanwhile, the European market has been stable ahead of the third-quarter delivery settlements between alloy suppliers and consumers in the steel sector. China drops in line with demand, set to fall further in near termEurope...Read More

Switzerland-based miner-trader Glencore has settled a dispute over its Kamoto Copper Co (KCC) operation in the Democratic Republic of Congo (DRC). Now it's being singled out as a beacon of commitment to efforts by state-run mining company G?(C)camines to restructure its mining sector. Switzerland-based miner-trader Glencore has settled a dispute over its Kamoto Copper Co (KCC) operation in the Dem...Read More

Everyone wants a piece of the world's resources, including of course mining companies. But the industry's place in future supply chains could depend on its ability to become part of a "circular economy", a Vancouver conference has heard.Henry Lazenby in Vancouver BC minister of environment and climate change, George Heyman19 JUNE 201819/06/2018commentsshareMore than 55 billion metric tonnes of res...Read More

Production curtailments at major Chinese producer Ningxia Tianyuan will continue to support manganese flake and ferro-chrome markets, market participants have told Metal Bulletin. Last month, Ningxia Tianyuan, the world's biggest manganese flake producer, cut manganese flake output by around 16,000 tonnes per month after one of its three facilities were closed for maintenance, a source at the...Read More

The Bonterra Resources Gladiator Project exploration camp located 170 km northeast of Val d'Or, Quebec. Source: Bonterra Resources Inc.Shares of Bonterra Resources Inc. [BTR-TSXV; BONXF-OTC; 9BR1-FSE] and Metanor Resources Inc. [MTO-TSXV; MEAOF-OTC] were active Tuesday June 19 on news that the companies have agreed to create a new gold exploration and development company, focused on Quebec's Urban...Read More

A Drill Rig Deployed For The Horne 5 Deposit In Rouyn Nouran.Osisko Gold Royalties Ltd. [OR-TSX, NYSE] said Tuesday June 19 that it has struck a deal to acquire 90% of the silver stream on Falco Resources Ltd.'s [FPC-TSXV] Horne 5 Project in Rouyn-Noranda, Quebec for a consideration of $140 million with ongoing payments equal to 20% of the spot price of silver to a maximum of US$6/oz.The upfront p...Read More