Copper was most definitely on the sales rack last week after fears of a global trade war saw the red metal lose 3.1% of its value.Staff reporterSales season: The copper selloff was overblown, according to Barclays Capital26 MARCH 201826/03/2018commentsshare While the US imposing tariffs on approximately US$60 billion of Chinese imports and China reciprocating with plans to enact its own duties on...Read More
After Nevada Copper (NCU.TO) closed a refinancing deal, resulting in a sharply increased share count but improved capital situation, the company is now restarting the construction phase of the underground component of the Pumpkin Hollow copper mine. As you might remember, the underground mine was expected to process approximately 5,000 tonnes per day, which would have been a first phase to an inte...Read More
Consumer resistance to recent high prices pushed low-grade manganese ore prices lower on Friday March 23, while manganese alloy prices in Europe and the United States were unchanged in quiet market conditions. Consumer backlash drives low-grade ore prices lowerHigh-grade ore prices keep edging upChinese alloy futures and physical prices weaken furtherAlloy prices weaken in IndiaAlloy prices hold...Read More
As The Hydropothecary Corporation (TSXV:THCX) embarks on its massive expansion the deal with Shopify Inc. (TSX:SHOP) strengthens its online distribution capabilitiesSmallCapPower | March 26, 2018: The Hydropothecary Corporation (TSXV:THCX) Tuesday announced that it has chosen Shopify Inc. (NYSE:SHOP) (TSX:SHOP), an eCommerce giant with 600,000 merchants and gross merchandise volume exceeding $26.0...Read More
Exploring an outcrop. Source: Orefinders Resources Inc.Orefinders Resources Inc. [ORX-TSXV, OTC-ORFD] released an update Monday March 26 on its spin-off company Power Ore Inc., which will acquire Orefinder's past-producing silver-cobalt Mann Mines and MacMurchy properties via a court approved plan of arrangement.The properties are located in the Cobalt-Gowganda District of northeast Ontario, and f...Read More
Miners have big gaps in their computer networks that would be easily found by motivated hackers, according to an EY report.Staff reporterThis looks like helpful software26 MARCH 201826/03/2018commentsshareEY said the move to more technologically advanced mine operating systems had been good for productivity but suggested some networks and even workstations were openly accessible online, with gaps...Read More
Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,298.56, up 74.82 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 21 cents, or 2.08 per cent, to $9.90 on 7.8 million shares.Turquoise Hill Resources Ltd. (TSX:TRQ). Miner. Down six cents, or 1.43 per cent, to $4.14 on 7.3 million shares.Trevali Mining Corp. (TSX:TV). Miner. Up thr...Read More
Antimony prices fell last week in Europe after more material reached warehouses in Rotterdam while demand remained weak; the Chinese market continued to be subdued lacking further direction.Metal Bulletin assessed MMTA standard grade II antimony in-warehouse Rotterdam prices at $8,500-8,675 per tonne, down 0.7% from Wednesday's assessment and down from $8,600-8,800 per tonne level the week before....Read More
The Chinese silicon export market continued to weaken over the past week due to soft demand, while prices in the European market were unchanged.Metal Bulletin assessed the Chinese grade 553 silicon export price at $1,960-2,000 per tonne on Friday March 23, down from $1,980-2,030 per tonne in the prior week, with sellers lowering their offer prices to entice business from otherwise uninterested buy...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Commander Resources Ltd. (TSXV: CMD) South Voiseys Bay Project Expands as Fjordland Options Claims from Vulcan Minerals in Labrador Vancouver, British Columbia - March 26, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Commander Resources L...Read More
Turkish steel producers have entered a third week with no deep-sea trading, while offers and bids in the market kept the daily scrap indices largely flat, sources said on Monday March 26.Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) closed the day at $368.10 per tonne cfr, up by only $0.41 per tonne day-on-day.The daily index for similar US-origin scrap closed at $378.08 per t...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop 92 Resources Corp. (TSXV: NTY) (OTCQB: RGDCF) (FSE: R9G2) Announces Mobilization for a High-resolution Airborne Magnetic Survey at the Pontax Property, Quebec Vancouver, British Columbia - March 26, 2018 (Newsfile Corp.) (Investorideas.com News...Read More
You can see the solutions brewing.Some industries have already been upended by stealthy tech-age competitors. I save so much money traveling by using Airbnb to rent rooms instead of hotels. Airbnb finds me cheaper accommodations that are usually better than hotels. You can usually get a better location, with a full kitchen for half the price of a basic hotel room in the same area.Because of Airbnb...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Fjordland (TSXV: FEX) Options Claims from Vulcan Minerals in Labrador Vancouver, British Columbia - March 26, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Fjordland Exploration Inc. (TSXV: FEX) ("Fjordland") announces a Letter of Intent h...Read More
Turkish domestic auto bundle scrap prices remained largely steady over the past week, with most steel mills in the country keeping their buying prices unchanged, while ship scrap prices dipped slightly, sources said on Monday March 26.Metal Bulletin's weekly price assessment for domestic auto bundle (DKP grade) scrap in Turkey was unchanged at TRY1,300-1,520 ($327-382) per tonne delivered on...Read More
Son of the Imperial CityWhat are the chances of Federal Reserve Chairman Jerome Powell being wrong? The chances he'll be wrong on the economy's growth prospects, the direction of the federal funds rate, and inflation itself? Our guess is his chances of being wrong are quite high. The new central planner-in-chief. Central banks are facing a special case of the socialist calculation problem per...Read More
CloseGain/LossGold $1352.90+$7.20Silver$16.69+$0.16XAU82.50+1.22%HUI178.97+1.19%GDM626.21+1.46%JSE Gold1129.86-1.40USD89.05-0.40Euro124.54+0.98Yen95.00-0.70Oil$65.55-$0.3310-Year2.846%+0.034T-Bond144.5625-0.15625Dow24202.60+2.84%Nasdaq7220.54+3.26%S&P2658.55+2.72% The Metals: Gold climbed $10.10 to $1355.80 in late morning New York trade before it edged back lower into th...Read More
COLORADO SPRINGS, CO, March 26, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for March 2018 payable on April 23, 2018 to shareholders of record as of April 11, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexi...Read More
Comex copper prices on Monday March 26 remain at a December 2017 low with a potential trade war between the United States and China, along with increased warehouse stocks, weighing on the complex. Copper for May settlement on the Comex division of the New York Mercantile Exchange declined a further 1.80 cents or 0.6% to $2.9750 per lb. The red metal was pressured by a 37,575 tonne delivery into Lo...Read More
Biff Robillard, president and co-founder of Bannerstone Capital Management, LLC, joins the team to share his insights on the markets and investors' state of mind.1:40 Major changes are afoot5:18 Rough road ahead for the dividend aristocracy9:05 power, who has it?14:55 Lack of #investor enthusiasmJames "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer...Read More