The latest news and price moves to start the Asian day on Thursday May 31. Base metals prices on the London Metal Exchange rose further on Wednesday May 30, with nickel climbing 1.4% at the close and copper volumes trading at their highest level since April 19. Only aluminium bucked the trend with a slight decline. Read more in our live futures report. Here are how prices looked at...Read More

Key informationVenue: National University of Singapore21 Lower Kent Ridge Rd,Singapore119077Early registration: USD3,250Registration after 1 July 2018: USD4,500For more information and registration please contact: [email protected] Read More

The latest news and price moves to start the Asian day on Thursday May 31. Base metals prices on the London Metal Exchange rose further on Wednesday May 30, with nickel climbing 1.4% at the close and copper volumes trading at their highest level since April 19. Only aluminium bucked the trend with a slight decline. Read more in our live futures report. Here are how prices looked at...Read More

So, there's a tech boom coming? Once every couple of years we hear the same thing. Looking at the current model of economic growth, it does seem to be the case that tech is indeed a growth area, but for some reason it never seems to reach the Canadian markets. Overstated prospects for actual tech stocks shouldn't put you off investing in tech, though; the trick is to do it indirectly.Invest in tec...Read More

This week, several experts began to circulate the theory that it may not be long before we start seeing US$100 oil in the markets.For some, that news may come as a shock given that it seems like we have been hearing forever now that the price for crude and other commodities, like natural gas and coal, are on a path to stay "lower for longer."But thanks to rising geopolitical tensions in the Middle...Read More

The European Space Agency (ESA) will host the international space and applications community in a workshop on 27-28 June to find out how best to prepare for the implementation of advanced radioisotope hybrid power systems. Here, Dr Markus Landgraf, architecture analyst in the Directorate of Human Spaceflight and Robotic Exploration Programmes at the European Space Research and Technology Centre, o...Read More

Japan's Toshiba Corporation is to withdraw from the project to construct two of its advanced boiling water reactors (ABWRs) as units 3 and 4 of the South Texas Project (STP) in the USA. The company said the project, which has failed to find investors, is no longer financially viable.An impression of how the two ABWRs would have appeared at STP (Image: STPNOC)Toshiba - through its US-based wholly-o...Read More

Comex copper prices inched up in the US morning on Thursday May 31, after falling to a three-week low on Wednesday. Copper for July settlement on the Comex division of the New York Mercantile Exchange rose 0.5 cents to $3.074 per lb. "Metals ended mixed yesterday, with copper falling to a three-week low...Read More

The prolonged shutdown of Sterlite Copper's Tuticorin smelting and refining complex has driven up premiums for copper cathodes in India and increased demand for duty-free Japanese cathodes.Premiums for grade A copper cathodes basis cif to major Indian ports were quoted at $95-105 per tonne over LME cash prices for the metal, a survey of market participants by Metal Bulletin showed.Tuticorin,...Read More

Bob Moriarty ArchivesMay 31, 2018Treasury Metals Inc. (TML:TSX; TSRMF:OTCBB) intends to put the next gold mine into production in Northwest Ontario in 2021. On May 30th they released results from a 2018 drill program. To date this year they have completed 11,591 meters in 17 holes and released results. These are infill holes designed to expand the existing resource within the current open pit mine...Read More

Base metals on the London Metal Exchange were mostly higher during morning trading on Thursday May 31, with nickel prices recording the strongest upward move of the complex while zinc bucked the broadly positive trend. Continuing to trade in positive territory above $15,000 per tonne, nickel prices are up 0.5% on the morning amid a strong upward trend for the metal. Buoyed by robust demand from th...Read More

Italy is financially disintegrating. The banking world would not care except for one small detail: If Italy defaults in its debt obligations, it will set off a daisy-chain of OTC derivative credit default swap defaults resembling a financial nuclear holocaust. This chart of Deutsche Bank's stock price reflects the growing risk of this event:Deutsche Bank has been hitting all-time lows since...Read More

Metal Bulletin proposes to migrate its existing price assessment for battery-grade lithium carbonate, ex-works China, to an index. Data collected by Metal Bulletin shows that there is sufficient liquidity in China's domestic market to warrant the conversion of the existing assessed price to a tonnage-weighted index. The Chinese lithium market is also closely watched by lithium producers and the ba...Read More

The National Association of Realtors released its monthly "Pending" home sale report for April this morning. It fell 1.3% from March. The Wall Street analytic "brain trust" was looking for a 0.4% gain. The housing data is repetitively coming in well below Wall Street forecasts. This is emblematic of the unrealistic amount of "hope" built into the psychology of the American investor, who wa...Read More

The recent rebound in manganese ore prices was partly due to a consumer backlash losing momentum because a recent ore price decline had outpaced that of silico-manganese, market sources told Metal Bulletin. Manganese alloy smelters have held a series of meetings in recent months in an effort to dictate manganese ore price ceilings, citing squeezed margins and warning of possible production cuts. T...Read More

The recent rebound in manganese ore prices was partly due to a consumer backlash losing momentum because a recent ore price decline had outpaced that of silico-manganese, market sources told Metal Bulletin. Manganese alloy smelters have held a series of meetings in recent months in an effort to dictate manganese ore price ceilings, citing squeezed margins and warning of possible production cuts. T...Read More

Examples of in situ gold nuggets frozen in matrix material from the Comet Well and Purdy's Reward area. Source: Novo Resources Corp.Novo Resources Corp. [NVO-TSXV, NSRPF-OTCQX] was an active trader Thursday May 31 after the company released results for the first two bulk samples from Comet Well, part of Novo's greater Karratha Gold Project located in the Pilbara region of Western Australia.Sample...Read More

Drilling at Northern Shield's Huckleberry prospect in the Labrador Trough. Source: Northern Shield Resources Inc.Northern Shield Resources Inc. [NRN-TSXV; N9S-FSE] on Thursday May 31 released results of seven grab rock samples recently received from the Five Island copper-gold-cobalt property in Nova Scotia.The company said five of the seven grab samples collected assayed between 0.23% and 0.057%...Read More

Cobalt prices fell midweek amid slower spot demand and easing immediate supply concerns, Metal Bulletin heard on Thursday May 31.Benchmark low-grade cobalt prices fell by 1% to $42.25-43.40 per lb, in-warehouse, on May 30. This was down from the previous assessment of $42.75-43.75 per lb.High-grade cobalt prices were assessed at $42.25-43.50 per lb, in-warehouse, down by 1.2% compared with the pre...Read More

One of the world's most famous unicorns just crumpled.I'm talking about Theranos, a young biotech company that rose to glory in 2003. Guided by its charismatic CEO Elizabeth Holmes, Theranos promised investors a medical revolution through cutting-edge blood tests.This promise allowed Theranos to raise over $400 million in funding and achieve a $9 billion valuation.There was only one problem: Thera...Read More