Estonian-founded cyber security specialist company Guardtime has planned and executed a custom cyber exercise for the UK's civil nuclear sector.The exercise, which took place in early February, was run on the Estonian Defence Forces' Cyber Range complemented with industrial control systems simulating a nuclear power plant. Live cyber-attacks were conducted against these systems to provide the par...Read More
Aluminium on the London Metal Exchange continued its record-breaking rally by the close of trading on Monday April 16, rocketing over 5% to reach a high of more than $2,400 per tonne.The light metal closed a dollar short of the $2,400 pertonne mark, its highest since September 2011.Despite lighter volumes in comparison to last week's 35,871lot average, aluminium's strong sentiment continues to dom...Read More
The London Metal Exchange will allow open positions with Russian aluminium producer Rusal to remain open until June 5 and hedges to be unwound as long as payments are made into segregated accounts, it said in a notice to its members on Monday April 16. Some LME members holding hedging or clearing contracts with UC Rusal have been worried about having to immediately unwind positions since the Unite...Read More
TSLA stock has levitated on statements from Elon Musk that TSL A would be cash flow positive by Q3, an announcement that TSLA would roll out a Model Y "crossover" SUV by November 2019 and the reiteration of ambitious Model 3 production milestones. All three will never happen.Elon Musk's attorneys must be giving Elon the same advise given to Jerry Seinfeld by George just before Jerry took a polygra...Read More
Lack of buying support and falling prices weighed on the Chinese ferro-chrome price assessment on Friday April 13 and market participants predicted subsequent softening to trickle into Japan, where demand is soft; US high-carbon prices fell temporarily in a quiet trading week. Japan and South Korea ferro-chrome prices nudge down Weak demand from stainless steel mills weigh on Chinese ferro-c...Read More
Chinese domestic ferro-silicon prices stabilized last week, with production cuts and a sudden jump in ferro-silicon futures on the Zhengzhou Commodity Exchange supporting the free market. China garners production, futures support Europe awaits tenders results US ends six-week losing streak Metal Bulletin assessed Chinese domestic spot ferro-silicon (basis 75% silicon) prices uncha...Read More
Spot market treatment and refining charges (TC/RCs) for copper concentrates rose for the first time since January on Friday April 13 following an enforced shutdown of Sterlite's Tuticorin smelter. The Metal Bulletin spot TC/RC index rose by 2% on Friday to $67.20 per tonne / 6.2 cents per lb, reflecting a willingness among traders to sell to smelters at higher levels. "At the start of Cesco [...Read More
Lithium Chile (LITH.V) seems to have completed its early exploration activities and as the company has identified multiple brine areas at its Ollague and Atacama lithium projects in Chile, LITH is gearing up to get a drill program going as soon as possible to test these high-priority targets.Exploration never has a certain outcome: sometimes you hit what appears to be a home run (Millennial Lithiu...Read More
AngloGold Ashanti (JSE:ANG) CEO Srinivasan Venkatakrishnan has resigned after accepting an offer to become CEO of Vedanta Resources (LSE:VED).Staff reporterSrinivasan Venkatakrishnan will move from AngloGold to Vedanta at the end of August16 APRIL 201816/04/2018commentsshareHe has spent 18 years at the company, first as CFO and then as CEO in the past five years, and will leave at the end of Augus...Read More
Tanzania miner Shanta Gold (AIM:SHG) has managed a profit despite the new Tanzania mining rules, a major capital project and new CEO. New Luika underground delivered despite some grade issues in 201816 APRIL 201816/04/2018commentsshare On production of just under 80,000 ounces of gold in 2017, Shanta brought in EBITDA of US$37.7 million (a 24.5% drop on 2016) and an after tax profit of $4.2 millio...Read More
M2 Cobalt's (MC.V) exploration program in Uganda is in full swing as the airborne and ground survey on the Bombo target (part of one of the Bujagali exploration licenses) has been completed and the crews have moved onto the copper-cobalt-gold zone on another Bujagali exploration license.A total of 3,000 samples have now been taken (1,348 at Exploration License 1666 and 1,747 samples at EL 1665), a...Read More
Evrim Resources Corp. (TSXV:EVM), a gold explorer, surged after announcing drill results that included 13.61 g/t gold over 106.2 metresSean Mason | April 16, 2018 | SmallCapPowerPotential 'bonanza' grade drill results sent shares of a gold explorer surging Monday. Here's some small stocks making big moves on Monday, April 16, 2018 (as of 4 pm EST):Evrim Resources Corp. (TSXV:EVM) shares powered...Read More
Anthony Milewski, Chairman and CEO of Cobalt 27 Capital, at the company’s cobalt warehouse in Rotterdam, The Netherlands. Photo courtesy Cobalt 27 Capital Corp.Cobalt 27 Capital Corp. [KBLT-TSXV, 270-FSE], owner of the world's largest stockpile of cobalt, said it is in talks with Chinese companies who are seeking to secure supplies of the metal which is used to manufacture electric vehicle b...Read More
MedReleaf Corp. (TSX:LEAF) said it has completed the purchase of one million sq. ft. of existing greenhouse infrastructureSmallCapPower | April 16, 2018: MedReleaf Corp. (TSX:LEAF) shares jumped nearly 10% on Thursday after the Company announced completion of the purchase of a 164-acre property at Exeter, Ontario, comprising one million sq. ft. of existing greenhouse infrastructure on a 69-acre pr...Read More
Our Ubika Battery Metals Index fell during the past two months, though, along with most other battery metals stocksThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?The Ubika Battery Metals Index is down 13% since our last report dated February 12, 2018, underperforming its benchmarks, the TSX-V Index and the Global X Lithium and Battery ETF, which decreased 4% and 6%,...Read More
Chinese domestic ferro-silicon prices stabilized last week, with production cuts and a sudden jump in ferro-silicon futures on the Zhengzhou Commodity Exchange supporting the free market. China garners production, futures support Europe awaits tenders results US ends six-week losing streak Metal Bulletin assessed Chinese domestic spot ferro-silicon (basis 75% silicon) prices uncha...Read More
It's been seven years since the last big rally in precious metals. But the U.S. dollar and fiat currencies are in trouble, hinting that gold and silver prices could again go screaming higher.As I explained last week, a collapse of the U.S. dollar is inevitable. The U.S. Dollar Index has been bouncing off of four-year lows for the past several weeks. But this cannot last much longer with a global t...Read More
Abitibi Royalties Inc. (TSX-V: RZZ) owns various royalties, at the Canadian Malartic Mine, Canada's largest gold mine, that covers portions of Odyssey, East Malartic, Barnat Extension, Gouldie/Charlie zones and all of the Jeffrey zone.In addition, the Company is building a portfolio of royalties on early stage properties near producing mines. We learned from Mr. Ian Ball, President and CEO of Abit...Read More
Chinese silicon export prices edged lower on weak consumption, while European prices followed China down and US prices dropped on the US International Trade Commission's (ITC) ruling against anti-dumping and countervailing duties on imports from key suppliers.Chinese grade-553 silicon export prices moved down to $1,900-1,960 per tonne on April 13, from $1,940-1,980 per tonne one week ago. Cheap ma...Read More
The Canadian stocks on our list could be impacted by new sanctions or a potential military conflict with RussiaSmallCapPower | April 16, 2018: Following U.S. President Trump’s tweets regarding a prospective attack on Syria and new U.S. sanctions, the Russian ruble has fallen to a 16-month low. Many companies operating in Russia have also seen declines, with companies such as Kinross Gold (TS...Read More