Base metals on the London Metal Exchange were mixed at the close of trading on Thursday May 10, with copper climbing 1.5% while tin's three-month price dipped 1.3%.Despite dropping 0.38%, the US dollar reached a fresh 2018 high of 93.42 this week, with mixed reactions across the base metals complex. The US currency gained momentum in the run-up to president Trump's announcement that the US wi...Read More
The London Metal Exchange is maintaining the status quo on its treatment of Iranian aluminium brand Iralco after the United States said this week that it will reintroduce nuclear-related sanctions on Iran, the bourse said in a notice to members on Thursday May 10. "The LME does not propose any action in respect of Iralco brand metal at this time. The LME will continue to monitor the situation and...Read More
Tesla bank creditors have forced the Company to add its Fremont manufacturing factory to the pool of assets which secure Tesla's $1.8 billion credit facility. The cover story is that the banks "suggested" that Tesla add the additional collateral to support the asset base underlying the bank. However, that's unmitigated propaganda.Banks have access to the inside books at companies to which they...Read More
Brazil-focused Canadian vanadium producer Largo Resources has reaped the benefits of strong vanadium pentoxide prices in the three months to March 31, with the company reporting its highest ever quarterly net income in its financial report published on Monday May 7. Largo declared a net income of $45.8 million in the first quarter of 2018, while revenues rose 210% year on year in the same period t...Read More
East Asia's stainless steel market strengthened slightly over the past week, with elevated nickel prices keeping mills under pressure to raise their offers.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,230-2,310 per tonne cif East Asian ports for the week ended Wednesday May 9, up $10-60 per tonne from a week earlier. Metal Bulletin's assessm...Read More
Rio Tinto is closer than ever to deciding if it wants to bring its 2004 Jadar lithium and borates discovery in Serbia into production.Barry FitzGerald*Jadar in Serbia ... In a big field of new lithium supply candidates10 MAY 201810/05/2018commentsshare Rio's Ventures unit - charged with taking the company sans a coal division in to new business areas - has a prefeasibility study into Jadar's devel...Read More
The mill at Pan American's Huaron Mine in Peru. Source: Pan American Silver Corp.Pan American Silver Corp. [PAAS-TSX, NASDAQ] on Thursday May 10 said road blockades at its Huaron Mine in Peru have ended.As announced on April 27, 2018, operations at the mine had been suspended since April 24, 2018, as a result of road blockades instituted by members of the nearby Huayllay community."With oversight...Read More
The Integra Resources DeLamar Gold and Silver Project in southwestern Idaho. Source: Integra Resources Corp.Integra Resources Corp. [ITR-TSXV; IRRZF-OTCQB] on Thursday May 10 announced initial assay results from nine of 13 drill holes completed to date from its 2018 drill program on the DeLamar Gold and Silver Project in southwestern Idaho.Initial results demonstrate continuity of certain structur...Read More
De Beers has successfully digitally tracked 100 high-value diamonds throughout the value chain from mine to retail during the pilot of its diamond industry platform.Staff reporterDe Beers has successfully tracked rough diamonds throughout the value chain10 MAY 201810/05/2018commentsshareIt said an "immutable and secure digital trail" had been created using the developed Tracr platform for a select...Read More
Notes:1. The Mineral Resources have been constrained by topography and a cut-off of 0.7 g/t AuEq above a pit and 1.4 g/t AuEq below the same pit shell.2. The Mineral Resource Estimate Summary has been compiled under the supervision of Mr. Jeremy Clark who is a full-time employee of RPM and a Member of the Australian Institute of Geoscientists. Mr. Clark has sufficient experience that is relevant t...Read More
For most Americans the geopolitical/financial crises of the 1970s happened so long ago that they're about as relevant as the Revolutionary War or the Reformation. But for seasoned citizens who were around back then and paying attention, the similarities to today are becoming both eerie and scary. Consider:In the early 1970s the Middle East was a hotly contested part of the world, with Russia (then...Read More
I have an amazing job.I actually get paid to uncover under-the-radar profit opportunities for investors who have the stones to go after the big bucks.Anybody can buy a bunch of big-name stocks and hope for the best - which is, of course, a great way to never make any real money. But finding those undiscovered gems before the rest of the herd comes running - that's the thrill. That's the excitement...Read More
Turkish steel mills have extended their absence from the deep-sea scrap markets due to increasing offer prices and sluggish finished steel demand in the country's export markets, sources said on Thursday May 10.The mills were expected to book more cargoes for May to replenish their low stock levels, but instead they decided to fall silent with the latest increase in prices.A steel mill in the Marm...Read More
Nickel Creek Platinum Corp. (TSX: NCP, OTC-QX: NCPCF) is a Canadian mining exploration and development company focused on advancing its 100% owned Nickel Sh??w project towards becoming Canada's next world-class nickel sulphide mine. Located in the Yukon, Nickel Sh??w project is host to over 2 billion pounds of nickel, 1 billion pounds of copper, 6 million ounces of platinum group metals ("PGM's")...Read More
For most Americans the geopolitical/financial crises of the 1970s happened so long ago that they're about as relevant as the Revolutionary War or the Reformation. But for seasoned citizens who were around back then and paying attention, the similarities to today are becoming both eerie and scary. Consider:In the early 1970s the Middle East was a hotly contested part of the world, with Russia (then...Read More
May 10, 2018 (Investorideas.com Newswire) The common shares of Cyntar Ventures Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date.Cyntar Ventures Inc. is a mineral exploration company that intends to acquire and explore, develop and/or operate mineral resource assets in Canada. Cyntar's current objective is to ex...Read More
Chinese aluminum ingot ADC 12 export prices to main Japanese ports (MJP) hit a six-week high on Wednesday May 9 following the one-month ban on US scrap imports to China, while consumers have looked for alternatives amid rising Chinese prices. Metal Bulletin's price assessment for Chinese aluminium alloy ADC 12 delivered to MJPs jumped to $2,000-2,100 per tonne on Wednesday from $1,970-1990 pe...Read More
Vancouver, British Columbia - May 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Arctic Star Exploration Corp. (TSXV: ADD) (OTCQB: ASDZF) (FSE: 82A1) ("Arctic Star" or the "Company") is pleased to announce that it has increased its land position by 100% on the Timantti Diamond Project in Finland (the "Project"). The Project now comprises a total of 193,700 Ha under an Exploration Reservati...Read More
“[A]ccording to the 2016 American Customer Satisfaction Index, the Federal Government ranks among the bottom of all industries in the United States in customer satisfaction;”Calling citizens customers is like calling slaves employees. “Customer” implies that you could take your business elsewhere.And the ability to go somewhere else when you are dissatisfied with a service...Read More
May 10, 2018 (Investorideas.com Newswire) The Critical Investor discusses a maiden resource estimate for a lithium deposit in Nevada.Drilling at Dean claystone project; Clayton Valley, Nevada1. IntroductionSome juniors can be agonizingly slow on following up to their self-imposed timelines and ability to deliver results, however there are exceptions. Cypress Development Corp. (CYP:TSX.V; CYDVF:OTC...Read More