Spot zinc concentrate treatment charges basis CIF to major East Asian ports remained flat while lead concentrate terms declined marginally in April.The market remains extremely tight for spot concentrates, with mine supply yet to translate into markedly higher terms paid for cargoes.In China, the domestic zinc market's delivered TCs fell further, while mines struggled to ramp up and feed demand fr...Read More
Bob Moriarty ArchivesMay 1, 2018There are hundreds of junior resource companies in Vancouver and Toronto that have had the devil’s own time trying to get traction since the high water mark for the metals in 2011. I believe we had a major bottom in December/January of 2016 but many companies have yet to secure financing to move forward. It will come one day because the majors are consuming th...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comMay 1, 2018A time-tested mantra for the US stock market is, “Sell in May and go away.” The depth of a stock market sell-off that begins in May depends on where the United States economy sits in the business cycle. In the early stages of the cycle, sell-offs that begin in May a...Read More
What concerns me is when people put their hard-earned money into housing or any other supposed store of value thinking that the sky is the limit. We are living in an age of epic distortions, misinformation and outright fraud. - Aaron Layman, Dallas-based Realtor, member of the Dallas and Houston MLS boards and a housing market analystThe propaganda about a hot economy, "overheated" housing market...Read More
Spot treatment and refining charges (TC/RC) for copper concentrates firmed moderately in the last two weeks of April, with the market continuing to weigh strong, short-term market availability against potential major disruptions in the coming months.Metal Bulletin's copper concentrates TC/RC index ticked higher for the second consecutive fortnight to $68.10 per tonne/6.81 cents per lb on April 30,...Read More
Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He's put half of his $5.7 billion net worth into gold.He said in an interview Monday that he believes gold prices will rally further, reaching $1,800 per ounce from just above $1,300 now, while "overvalued" stock markets crash."In the end you have China and...Read More
Chinese ferro-vanadium exporters increased their offer prices in the week to Friday April 27 amid recovering prices in Europe, while US ferro-vanadium prices stagnated due to inactivity in the spot market. Chinese ferro-vanadium export prices tick up on the back of European recovery European market firm week on week on thinning spot inventories US ferro-vanadium price stagnates on mar...Read More
Manganese ore prices increased by as much as 70% between early December and late in March when they started to slide again.In March, Metal Bulletin's 37% fob index rose as high as $7.57 per dry metric tonne unit (dmtu) and the 44% cif index as high as $8.82 per dmtu. Metal Bulletin examines the effects of the recent manganese ore rally on miners, traders and consumers. Smaller...Read More
Spot zinc concentrate treatment charges basis CIF to major East Asian ports remained flat while lead concentrate terms declined marginally in April.The market remains extremely tight for spot concentrates, with mine supply yet to translate into markedly higher terms paid for cargoes.In China, the domestic zinc market's delivered TCs fell further, while mines struggled to ramp up and feed demand fr...Read More
Advanced Proteome Therapeutics Corporation (TSXV:APC), a biotech stock, moved up after announcing test results on its leading antibody-drug conjugate candidateSean Mason | May 1, 2018 | SmallCapPowerFurther validation for a cancer drug candidate sparked speculation in a biotech stock Tuesday. Here's some small stocks making big moves on Tuesday, May 1, 2018 (as of 4 pm EST):Advanced Proteome...Read More
Spot treatment and refining charges (TC/RC) for copper concentrates firmed moderately in the last two weeks of April, with the market continuing to weigh strong, short-term market availability against potential major disruptions in the coming months.Metal Bulletin's copper concentrates TC/RC index ticked higher for the second consecutive fortnight to $68.10 per tonne/6.81 cents per lb on April 30,...Read More
A newly discovered mineralized zone on Cobalt Power's Smith Project in the Cobalt Mining Camp, northeast Ontario. Source: Cobalt Power Group Inc.Cobalt Power Group Inc. [COP-TSXV, CBBWF-OTC] shares were active Tuesday May 1 after the company said it had agreed to acquire Western Cobalt Corp., a private mineral exploration company that holds nine strategically located mineral claims in the eastern...Read More
Canopy Growth Corporation (TSX:WEED) announced that it will make an investment in Australia's State of VictoriaSmallCapPower | May 1, 2018: Canopy Growth Corporation (TSX:WEED) Wednesday announced that it has launched Spectrum Cannabis Australia, the newest member of Canopy Growth family, in collaboration with the Victoria State Government in Australia. Over the next four years, Canopy Growth will...Read More
Location map for the Clayton Valley Lithium Project, NevadaHighlights:Total indicated mineral resource of 597 million tonnes at an average grade of 899 ppm (0.09%) Li, which equates to a contained 857 million tonnes of lithium carbonate equivalent (LCE).Total inferred mineral resource of 779 million tonnes at an average grade of 888 ppm (0.089%) Li, which equates to a contained 683 million tonnes...Read More
In what could definitely be described as a surprising update, Amerisur Resources (AMER.L) confessed its total oil reserves actually decreased compared to the previous year. Whilst companies are usually able to grow their reserves even after taking the depletion into consideration, Amerisur's lower reserves are definitely a disappointment.On a 1P basis, the total reserves decreased from 15.11 milli...Read More
The Canadian stocks on our list with operations in South Korea and Japan could thrive from economic cooperation with North KoreaSmallCapPower | May 1, 2018: South Korea and North Korea have signed a declaration committing to denuclearize the Koreas and agreed to formally end the Korean War after 65 years. While it remains to be seen what the final agreement will look like, the move represents a si...Read More
Metal Bulletin has reviewed its benchmark cobalt prices to ensure they are relevant and fit for application in a rapidly evolving market. Metal Bulletin is hosting a free web seminar on Tuesday May 8 at 9am London time to summarize the findings from its recent industry-wide consultation into its cobalt prices, and changes that will be implemented from January 2019. Date: Tuesday May 8, 2018 Time:...Read More
It's been one hell of a ride!We took early positions in some of the biggest cannabis stocks on the planet - before they became the biggest cannabis stocks on the planet.I'm talking about stocks such as:OrganiGram Holdings (TSX-V: OGI), which has since delivered gains in excess of 890%.Aphria, Inc. (TSX: APH), which has since delivered gains in excess of 784%.Canopy Growth Corporation (TSX: WEED),...Read More
May 1, 2018 (Investorideas.com Newswire) The common shares of M.P.V. Explorations Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the listing date.M.P.V. Explorations Inc. (MPV) is a mineral exploration company focused on base metals projects in the Chibougamau region of Northern Quebec. Its main asset is the Umex project whic...Read More
Manganese ore and alloy prices have continued to slide in China due to deteriorating downstream demand, while prices also weakened in Europe and held in the United States. Ore prices drop almost 5% in China Lower silico-manganese tenders squeeze smelter margins Indian alloy prices track ore lower European alloy prices weaken as prompt demand dries up US contract negotiation...Read More