Antimony prices continued to experience downward pressure last week amid weakening demand and increasing availability in the spot market.Metal Bulletin assessed the MMTA standard grade II antimony, in-warehouse Rotterdam price at $8,200-8,350 per tonne on Friday April 20, down from the mid-week assessment of $8,300-8,450 per tonne when prices had fallen from $8,400-8,550 per tonne.The trioxide gra...Read More
Mining executives, lawyers, bankers and consultants come together again in New York for the 6th annual Current Trends in Mining Finance conference, which starts later this month. Given the continued evolution of the world geopolitical, financial and commodities-supply landscape over the past year, where will their focus be in 2018?Alastair Sharp in Toronto23 APRIL 201823/04/2018commentsshare The m...Read More
The London Metal Exchange is working toward producing a set of standards for responsibly-sourced metal, it said during its LME update forum in London on Monday April 23. The bourse will implement a three-step process of disclosure, engagement and compliance. If a metal brand does not meet the set requirements at the end of this process, the LME can delist it from the exchange, it said. "Our brand...Read More
CALGARY, Alberta and LONDON - April 23, 2018 (Investorideas.com Newswire) BTL GROUP LTD ("BTL" or the "Company") is pleased to announce that Interbit, its proprietarynext generation blockchain platform, is available for testing and feedback. Visitors are now able to access and download Interbit from the link https://interbit.io/ and can launch their own multiple blockchain solutionsand provide fee...Read More
I am no geologist but I didn't have any trouble recognising the point in the Orexplore Australia presentation where their eyes tend to get a bit wider as the implications of what is on the screen hits home. Orexplore Australia set to formally launch next month23 APRIL 201823/04/2018commentsshare The Swick Mining Services offshoot will formally launch its brand and new facility in Bassendean, a sub...Read More
The law originally targetted the KKK. Now it has been used to arrest people protesting against white supremacists.And that is why free speech is so important.Plenty of people would love to see new laws to stop white supremacists from exercising their–albeit offensive–free speech.But as this 1951 law demonstrates, the law as it is intended is not always how it is applied.Faced with hund...Read More
April 23, 2018 (Investorideas.com Newswire) Precious metals expert Michael Ballanger describes why he thinks the upcoming week will be "favorable" for silver investors.First, this has been a spectacular month for me in that I was fortunate enough to have parlayed the profits from the UVXY trade successfully, having bought a whackload of call options in the Physical Silver ETF (SLV:US) and a 300-lo...Read More
The annual convention of the Institute of Scrap Recycling Industries (ISRI) made its biennial visit to the lights and glamour of Las Vegas, in the US state of Nevada, from Saturday April 14 until Thursday April 19.There were all the signs of a boom period for the steel industry at the event, with the exhibition hall of the city's Mandalay Bay Hotel packed with displays of the latest technology and...Read More
April 23, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund charts a diamond company that he rates a strong speculative buy.If you are a speculator or trader who doesn't like to wait weeks or months for an investment to pay off and wants to see results within days or even hours, this one is for you.Lithoquest Diamonds Inc. (LDI:TSX.V) blasted higher around the start of the month with...Read More
The Turkish deep-sea scrap market remained quiet on Monday April 23 because of a national holiday in the country.The Turkish market was closed while the country celebrated National Sovereignty Day and Children's Day.Due to the lack of fresh deep-sea transactions, the daily scrap indices...Read More
CloseGain/LossGold $1325.00-$10.60Silver$16.63-$0.50XAU83.25-2.19%HUI179.87-2.34%GDM627.47-1.48%JSE Gold1110.47+7.05USD90.93+0.60Euro122.08-0.81Yen92.09-0.94Oil$68.64+$0.2410-Year2.975%+0.016T-Bond142.9375-0.15625Dow24448.69-0.06%Nasdaq7128.60-0.25%S&P2670.29+0.01% The Metals: Gold fell $13.40 to $1322.20 in early afternoon New York trade before it edged back higher in th...Read More
April 23, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund discusses two companies that have developed a process to extract minerals from E-waste.On 15th March it was decided it was best to step aside from Enviroleach Technologies Inc. (ETI:CSE) and Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB), because it looked like the correction that was already well underway by then would...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
By Ira EpsteinRise in US interest rates move US Dollar sharply high which hurt metal prices today. http://iraepstein.com/ Read More
Vancouver, British Columbia - April 23, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) is pleased to announce that it has acquired additional claims contiguous to its Hazelton Project, located 50 kilometres north of Smithers BC. The claims cover numerous showings and historical grab samples include:3.4 g/t gold and 1924 g/t silver (Higgins...Read More
John and I have been talking for years about the coming pension crisis. And now it's almost here. 100's maybe even 1000's of government entities are in trouble.They won't be able to meet their bloated pension commitments. This will increasingly lead to municipal bankruptcies. Right now states cannot file for bankruptcy, but no doubt Congress will soon change the law. Get ready!John Rubino is the f...Read More
Technical analyst Clive Maund discusses two companies that have developed a process to extract minerals from E-waste. On 15th March it was decided it was best to step aside from Enviroleach Technologies Inc. (ETI:CSE) and Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB), because it looked like the correction that was already well underway by then would continue and result in us being able to b...Read More
Vancouver, British Columbia - April 23, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Sienna Resources (TSXV: SIE) (FSE: A1XCQ0) (OTC Pink: SNNAF) wishes to announce the completion of the first phase of drilling on its Sl??ttberg Cobalt-Nickel-Copper Project in Sweden (the "Project"). A total of 942 metres were drilled and 72 samples have been shipped for assaying. The results are expected in...Read More
The base metals traded on the London Metal Exchange have kicked off the new trading week with a broadly positive performance this morning, Monday April 23.Sanction-hit aluminium leads on the upside with a gain of 0.8%, followed by lead, copper and zinc, which are up by 0.7%, 0.6% and 0.4% respectively. Nickel and tin are bucking the uptrend, however, with losses of 0.8% and 0.1% respectively. With...Read More