Vancouver, British Columbia - May 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear"),today announced results from the first 5 drill holes of its Phase 2 drill program at its Dixie project in the Red Lake district of Ontario. A total of 15 holes were drilled along 2.3 kilometres strike length of a prospective geological contact, t...Read More
An overview of China's minor metals markets in the week of May 21-25 and the reasons for any price moves.Read More
Thunder Bay, Ontario - May 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce the receipt of positive exploration results from a diamond drill program completed by its partner, Rio Tinto Canada Exploration Inc. ("Rio Tinto") on the Company's Bark Lake Cu-Ni-PGE ("copper-nickel-platinum group element") project....Read More
Fun with Positioning and SentimentLast week we discussed the gold sector "conundrum" - the odd fact that there is apparently quite strong demand for gold despite a macroeconomic environment that would normally be considered quite bearish for the metal. Gold recently seems to have lost its last remaining inter-market "ally" if you will, as the dollar has begun to enter an uptrend as well. Positioni...Read More
Toronto, Ontario - May 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) ("Aurania" or the "Company") is pleased to announce that its common shares are now trading on the OTCQB Venture Market ("OTCQB"), a U.S. trading platform that is operated by OTC Markets Group in New York. The Company will trade on OTCQB under the symbol "AUIAF "; the Comp...Read More
Global ferrous scrap prices softened during the week ended Friday May 25, with falling Turkish scrap prices and the country's weaker lira muting trade activity both within the country and internationally.The fall in the value of the lira reduced the number of cargoes booked this week, leading to weaker offer prices. The markets in the United States and India both stagnated as a result of the Turki...Read More
Please Note: There will be no Gold Seeker Reports next week. CloseGain/LossOn WeekGold $1300.40-$4.00+0.67%Silver$16.50-$0.16+0.43%XAU83.48-1.07%+1.73%HUI180.20-1.14%+1.38%GDM623.06-1.05%+0.65%JSE Gold977.99-15.03-3.44%USD94.20+0.43+0.57%Euro116.61-0.62-0.91%Yen91.48-0.18+1.09%Oil$67.88-$2.83-4.77%10-Year2.928%-0.044-4.47%Bond143.875+1.09375+1.88%Dow24753.09-0.24%+0.15%Nasdaq7433.85+0.13%+1.0...Read More
May 25, 2018 (Investorideas.com Newswire) Proven and Probable's Maurice Jackson interviews DNI Metals Executive Chairman Dan Weir, who discusses his company's plans for its projects in Madagascar.Maurice Jackson: Our feature issuer is establishing itself to become one of the world's leading in graphite producers, DNI Metals. Joining us for our conversation is Dan Weir, the executive chairman of DN...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
By Ira EpsteinMetals stay under pressure due in part to rising US Dollar.https://www.iraepstein.com/ Read More
May 25, 2018 (Investorideas.com Newswire) A Canadian precious metals mining company recently announced its newest acquisition, as well as 2018 drilling plans for its other major projects.Golden Ridge Resources Ltd. (GLDN:TSX.V), a precious metals explorer located in Canada,has announced its newest acquisition of a gold project in British Columbia. Before diving into that, let's take a quick recap...Read More
The UK light iron scrap market was stable over the past week, for the seventh week in a row, but downward pressure is expected to come in the near term after a fall in export prices, industry sources told Metal Bulletin on Friday May 25.The market has been steady since mid-April, since which time sterling has fallen in value against the dollar - by about $0.10 to $1.338 on May 25. This has shored...Read More
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort189,67798,72055,606203,101318,676448,384473,002Change from Prior Reporting Period -11,791-10,305-9,7137,1764,662-14,328-15,356Traders18682855150277182 Small Speculators LongShortOpen Interest 54,55829,940502,942 -2,688-1,660-17,016 non reportable positionsChange from the previous...Read More
The UK inter-merchant price for austenitic alloy steel scrap was unchanged over the past week, with nickel costs remaining high, sources told Metal Bulletin on Friday May 25.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?1,000-1,040 ($1,338-1,391) per tonne delivered on Friday."There is more material available at the current higher price," one UK trad...Read More
The junior gold miners have largely been shunned over the past year or so, condemned to listlessly drift near lows. Their stock prices have suffered serious collateral damage from stubbornly-bearish gold sentiment. But they are faring much better under the hood than their battered visages suggest, with their latest quarterly results revealing strong fundamentals. Juniors are ready to soar...Read More
In the previous alerts we let you know howthe situation in the crude oil was becoming increasingly bearish, but that itwas not yet bearish enough to justify any action regarding the price. The riskwas still too high to do so, and we explained that waiting for the confirmationwas the preferable course of action. The confirmation has arrived. Let's take a closer look at the chartsbelow (charts cour...Read More
Comex copper prices declined on Friday May 25 ahead of the holiday weekend, with a surging dollar sinking the entire base metals complex. Copper for July settlement on the Comex division of the New York Mercantile Exchange dipped 2.30 cents or 0.7% to $3.0730 per lb. The red metal has been unable to set any sustainable price direction this week. "The...Read More
Earlier this year when President Trump began beating the drums loudly, causing fear of a trade war (and assuring us that such a conflict could be easily won), I cautioned that he had no idea the trouble he was courting . Based on his spectacular misunderstanding of the power dynamic built in to international trade, he was also in danger of bringing a knife to a gunfight.As the year has progresse...Read More
Please Note: There will be no Gold Seeker Reports next week. CloseGain/LossOn WeekGold $1300.40-$4.00+0.67%Silver$16.50-$0.16+0.43%XAU83.48-1.07%+1.73%HUI180.20-1.14%+1.38%GDM623.06-1.05%+0.65%JSE Gold977.99-15.03-3.44%USD94.20+0.43+0.57%Euro116.61-0.62-0.91%Yen91.48-0.18+1.09%Oil$67.88-$2.83-4.77%10-Year2.928%-0.044-4.47%Bond143.875+1.09375+1.88%Dow24753.09-0.24%+0.15%Nasdaq7433.85+0.13%+1.0...Read More