The Czech government is expected to reach a decision on the best way to finance new nuclear projects by the middle of the year, after a Ministry of Industry and Trade committee agreed yesterday to finalise its recommendations to government.Dukovany (Image: ?OEEZ)The Standing Committee on Nuclear Energy met to consider investor models and financing for the construction of new nuclear reactors. Mini...Read More
Base metal prices on the London Metal Exchange remained high at the close of trading on Tuesday March 27, with only aluminium moving down. Aluminium was the only downward mover, dropping $7.50 to $2,044.50 per tonne while it continues to lack momentum."Its technical configuration is starting to improve and now badly needs follow-up buying to help the price of the light metal to edge higher. Going...Read More
Bob Moriarty ArchivesMar 27, 2018Gold companies often work for years and spend millions of dollars before hitting the jackpot. Today I’m going to talk about a company that did a deal on a project and hit the jackpot right out of the box.Years agoI wrote a short piece about some people I named the heroes of mining. By chance the first person I talked about is named Carl Pescio from Nevada. At...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comMar 27, 2018I’ve predicted that in 2018 the US stock market would suffer a series of crashes somewhat akin to the 1987 event, but smaller in size. Pleaseclick here now. Double-click to enlarge this interesting chart of the US stock market. Clearly, these mini-crashes are starting to...Read More
Trade wars historically have been symptomatic of more profound underlying problems. Primarily economic in nature. Any big war in history can be tied to economic roots.The degree to which the U.S. financial and economic system is self-destructing varies inversely with the amplitude of the propaganda promoting the opposite.Yet, in 2016 based on the latest annual W-2 numbers available (SSA.Gov), 55%...Read More
Weekly Reports |Mar 27 2018The Trump administration has suspended government sales of uranium in FY18, previously undertaken to fund an environmental clean-up.-DoE suspends US government uranium sales-Global price gap begins to close-Japan restarts number sevenBy Greg PeelThe US Department of Energy announced last week it would suspend government sales of uranium from excess inventories, which had...Read More
Metal Bulletin and sister publication American Metal Market will follow its published pricing calendar for its base metals and minors, ores and alloys prices over the coming Easter Break. You can find the complete pricing calendar here. Base metals price assessments In summary, all our base metals price assessments and indices follow the holiday calendar adopted by the London Metal Exchange, which...Read More
The higher consumption of manganese alloys witnessed globally in 2017 is likely to spur increased production of silico-manganese this year, according to the executive director of the International Manganese Institute (IMnI).During a panel discussion at the 19th Asian Ferro-Alloys Conference in Hong Kong on Wednesday March 21, Aloys d'Harambure said that global silico-manganese producers were incre...Read More
An Australian nickel miner, a London-listed precious metals producer and a copper-focused Canadian were key market risers over the past 24 hours.Staff reporterNickel miner Western Areas among the risers27 MARCH 201827/03/2018commentsshareThe gains came as North American markets closed higher yesterday as trade war fears eased, but London's FTSE100 had closed slightly lower as tensions between Russ...Read More
Metal Bulletin and sister publication American Metal Market will follow its published pricing calendar for its base metals and minors, ores and alloys prices over the coming Easter Break. You can find the complete pricing calendar here. Base metals price assessments In summary, all our base metals price assessments and indices follow the holiday calendar adopted by the London Metal Exchange, which...Read More
The proposal by Philippine politicians to ban the export of unprocessed mineral ores to boost domestic processing has yet to make further progress, Patricia Bunye, senior partner at law firm Cruz Marcelo & Tenefrancia in the Philippines, said. "It's not catching fire as the industry knows the limitations of infrastructure in the country," Bunye told Metal Bulletin on the sidelines of the Mining In...Read More
The recent heightened threat of potential strikes at copper mines in Chile has started to fade, as Antofagasta (LN:ANTO) reportedly reached an agreement with workers at Los Pelambres, avoiding a walkout.Industrial action has reportedly been avoided at Antofagasta's Los Pelambres copper mine27 MARCH 201827/03/2018commentsshare In addition to this, a labour dispute at First Quantum Minerals' (CN...Read More
After the spread between high and lower-grade ores failed to narrow as expected, Fortescue Metals Group (AU:FMG) has lowered its full-year iron ore price realisation guidance.Kristie BattenFortescue thinks the spread between high- and low-grade ores will eventually narrow27 MARCH 201827/03/2018commentsshare Despite a first-half price realisation of 68% of the S&P Global Platts 62 CFR index (in...Read More
Exploration activities at Nevsun's Timok copper-gold project in Serbia. Source: Nevsun Resources Ltd.Nevsun Resources Ltd. [NSU-TSX, NYSE AMERICAN] on Tuesday March 27 announced impressive new assay results from the recently completed $20 million exploration drilling program on the Lower Zone at the Timok copper-gold project in Serbia.Highlights include 1.00% copper and 0.20 g/t gold (1.14% copper...Read More
Diamond drilling at Transition's Sunday Lake platinum group metals project, northwest Ontario. Source: Transition Metals Corp.Transition Metals Corp. [XTM-TSXV, TNTMF-OTC] said Tuesday March 27 that it has received the first set of assay results from the continuing drill program conducted by North American Palladium Ltd. [PDL-TSX, PALDF-OTC] on the Sunday Lake platinum-palladium project.Sunday Lak...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,216.18, down 82.38 points)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Unchanged at $3.79 on 6.8 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 37 cents, or 3.74 per cent, to $9.53 on 6.5 million shares.Balmoral Resources Ltd. (TSX:BAR). Miner. Down 18.5 cen...Read More
The developed world has lived with unnaturally-low interest rates for so long that it's become hard to imagine what life in a normal financial system would be like. But as rates finally start to rise, some of the necessary lifestyle adjustments are emerging. A big one is the fact that the days of refinancing one's house every few years to extract free cash or lower the monthly mortgage payment are...Read More
Metal Bulletin and sister publication American Metal Market will follow its published pricing calendar for its base metals and minors, ores and alloys prices over the coming Easter Break. You can find the complete pricing calendar here. Base metals price assessments In summary, all our base metals price assessments and indices follow the holiday calendar adopted by the London Metal Exchange, which...Read More
Don't let emotions cloud your judgment.This is rule #2 when it comes to investing.And rule #1?Well, that's easy.Exploit others' emotions to get rich.When everyone's scared, be brave.And when everyone's greedy, be cautious.This isn't rocket science.We've seen it time and time again.To quote the great Warren Buffett...Be fearful when others are greedy, and greedy when others are fearful.As an invest...Read More
Avrupa Minerals Ltd. (TSXV: AVU) is a growth-oriented junior exploration and development company focused on aggressive exploration, using a modified prospect generator model, for valuable mineral deposits in politically stable and prospective regions of Europe, including Portugal, Kosovo, and Germany. According to Paul Kuhn, President and CEO, of Avrupa Minerals, their plans for 2018 include a 1,5...Read More