A gravity survey site at Belmont's Kibby Basin lithium project in the Monte Cristo Valley Groundwater Basin in Esmeralda County, Nevada. Source: Belmont Resources Inc.Belmont Resources Inc. [BEA-TSXV] said Monday April 30 that it has entered into a consulting contract with Nevada Water Solutions of Reno to file for water rights to support future potential groundwater (brine) development for the e...Read More
Syrah Resources (ASX: SYR) is aiming for the low end of 2018 production guidance of 160,000-180,000 tonnes of graphite, with 75% of that output expected in the second half of the year after a slow first quarter at the new Balama operation in Mozambique.Michael Quinn Big second half expected from Balama operation.30 APRIL 201830/04/2018commentsshare First quarter production totalled 11,200t, with i...Read More
Cobalt Power Group Inc. (TSXV:CPO), a cobalt explorer, jumped after announcing the acquisition of Western Cobalt Corp.Sean Mason | April 30, 2018 | SmallCapPowerMore consolidation in the cobalt patch powered shares of a cobalt explorer Monday. Here's some small stocks making big moves Monday, April 30, 2018 (as of 4 pm EST):Cobalt Power Group Inc. (TSXV:CPO) shares rose 10% to $0.215 on Monday...Read More
The milling facility at Pan American's Huaron Mine in Peru. Source: Pan American Silver Corp.Pan American Silver Corp. [PAAS-TSX, NASDAQ] said operations at its Huaron Mine in Peru have been suspended since April 24, 2018, as a result of road blockades instituted by members of the nearby Huayllay community.The announcement came after the close of trading Friday, April 27, 2018.Pan American said t...Read More
Spot demand for cobalt slowed in late April while availability of the material increased, leaving metal prices to move only slightly higher at the end of the month.Metal Bulletin's benchmark low-grade cobalt assessment closed the week at $43.70-44.45 per lb, in-warehouse, on Friday April 27, stable with the midweek assessment, and up from $43.55-44.45 per lb at the end of the previous week. Prices...Read More
This edition of the Ubika Blockchain & Cryptocurrency Report outlines the latest industry news along with company-specific developments over the past couple of monthsThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?Welcome to the third edition of the Ubika Blockchain & Cryptocurrency Report. This edition outlines the latest industry news, cryptocurrency price...Read More
Sluggish demand continued to put pressure on the antimony market in the week to Friday April 27, with little spot business taking place in Europe and China. Metal Bulletin assessed the MMTA standard grade II antimony, in-warehouse Rotterdam price at $8,150-8,300 per tonne on Friday, unchanged from the mid-week assessment when prices had also stayed stable. The trioxide grade antimony pri...Read More
The Conference Board of Canada says more than a decade's worth of good times are on their way for northern miners.In a report released Monday, the economic think tank suggests a rebirth in mining will drive growth in the three Arctic territories that exceeds the Canadian average at least until 2025.But the 20-year forecast says the boom won't be evenly spread. Yukon and Nunavut will enjoy the gre...Read More
The TSX stocks on our list have averaged 211% revenue growth over the past three yearsSmallCapPower | April 30, 2018: As the TSX remains relatively range-bound, companies that have seen reliable growth could appear especially attractive. The TSX stocks on our list today have generated average revenue growth of 211%, outperforming their Canadian peers, which have returned a median of 6%.Tidewater M...Read More
The U.S. dollar got a big boost last week. Everyone was cheering it.Over the past 14 days, the U.S. Dollar Index, which tracks the greenback against a basket of six foreign currencies, has increased as much as 2.8%.Is the U.S. dollar's bear market finally over?After sitting nearly dormant since the beginning of the year, the USD market has seen a lot of action over the past several days. Last week...Read More
Turkish steel producers booked more deep-sea scrap for May at the end of last week, and prices continued to inch upward in trades on Monday April 30.A steel producer in the Iskenderun region booked a Baltic Sea cargo, comprising 30,000 tonnes of HMS 1&2 (80:20) at $352 per tonne and 5,000 tonnes of bonus at $362 per tonne cfr.Another steel mill in the same region booked a Canadian cargo, comprisin...Read More
Vancouver, British Columbia - April 30, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Lucky Minerals Inc. (TSXV: LJ) (OTCQB: LKMNF) (FSE: 8LM) ("Lucky" or the "Company") is pleased to announce that, further to the Company's news release of April 11, 2018, it has entered into a share exchange agreement ("Share Exchange Agreement") with Monterra S.A. ("Monterra") in order to acquire Goldmindex...Read More
Folks are up in arms today after hearing the news ...According to Reuters, the EPA has granted a financial hardship waiver to an oil refinery owned by Carl Icahn.As you likely know, Icahn's got a fat wallet and an I.O.U. from Trump for being an "advisor," so this news shouldn't come as a surprise.The Reuters piece noted that the waiver enables Icahn's CVR Energy Inc to avoid tens of millions of do...Read More
Turkish domestic auto bundle scrap prices have gone up in line with imported scrap prices while ship scrap prices have remained stable over the past week, sources said on Monday April 30.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) in Turkey was TRY1,370-1,500 ($339-372) per tonne delivered, narrowing upward from last week's TRY1,270-1,500 per tonne.This...Read More
Vancouver, British Columbia - April 30, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Bravada Gold Corporation through its wholly-owned US subsidiary Bravo Alaska, Inc. (TSXV: BVA) (OTCQB: BGAVF) (FSE: BRTN) (collectively "Bravada") and Yamana Gold Inc. through its wholly-owned US subsidiary Meridian Minerals Corp. (collectively "Yamana") have agreed to amend the earn-in agreement for the Qui...Read More
What does the United State and ISIS have in common?Actually… a lot. According to the New York Times, ISIS started a pretty effective government. They now appear to be on their last legs. But for a time, ISIS had all the hallmarks of a typical government.They monopolized control in a geographical area. They collected taxes and administered government services. They provided internal security,...Read More
April 30, 2018 (Investorideas.com Newswire) Precious metals expert Michael Ballanger discusses the U.S. dollar, the Fed, gold and silver.When I was a young lad long before Atari video games and during the era of rotary telephones, hula hoops, and Red Ball Jets running shoes, I used to love to read Action Comics that featured the original "Superman" created by Jerry Siegel and Joe Shuster. All of t...Read More
Unfulfilled PropheciesThe price of gold fell $12 last week, but that of silver dropped 63 cents. What's up with silver?! A prominent analyst wrote on April 19 of the "breakout" in silver. Of course, without the benefit of the basis and the Monetary Metals fundamental price, he could only see the price chart, plus the regular Wall Street indicators such interest rates, oil, and inflation. A somewh...Read More
Comex copper prices bounced-back from a multi-week low on Monday April 30 morning in the US, with investors preventing another wave of selling despite the dollar climbing once again.Copper for July settlement on the Comex division of the New York Mercantile Exchange inched up 1.15 cents or 0.4% to $3.0810 per lb. On Friday, the contract fell to its lowest point since April 6 on a bout of technical...Read More
CloseGain/LossGold $1314.70-$8.90Silver$16.31-$0.21XAU81.15-2.15%HUI178.47-1.96%GDM622.44-1.81%JSE Gold1104.60+8.93USD91.85+0.34Euro120.84-0.44Yen91.58-0.17Oil$68.47+$0.4710-Year2.935%-0.024T-Bond143.53125+0.34375Dow24163.15-0.61%Nasdaq7066.27-0.75%S&P2648.05-0.82% The Metals: Gold fell $13.40 to $1310.20 at about 10AM EST, but it then rallied back higher into the close a...Read More