The number of lead-acid battery recyclers in China is expected to triple by the end of this year due to the Chinese government's recycling friendly policies, China Nonferrous Metals Industry Association's (CMRA) recycling metal branch said on Friday March 23.As of July 2017, the country approved 116 certified companies to recycle lead-acid batteries with a total recycling capacity of about 2.7 mil...Read More
Lupaka Gold (LPK.V) has now completed a systematic underground sampling program on the 3400 level at its Invicta polymetallic project. The company has identified (and confirmed) high-grade footwall mineralization (9.86 g/t AuEq) over a length of 130 meters and an average width of 6.1 Meters. This is a very positive development as the average grades encountered in the sampling program are similar t...Read More
One of Novo Resources (CN:NVO) most recent recruits, senior exploration manager Kas De Luca, has been tasked with figuring out exactly how much gold the company is sitting on in the Pilbara, and she is tackling that challenge with the help of science. Kristie Batten Novo now has a team of eight looking over the unusual system in the PilbaraNovo Resources23 MARCH 201823/03/2018commentsshare De Luca...Read More
The Mint Corporation (TSXV:MIT) expects higher revenue per cardholder from the mobile wallet and new servicesSmallCapPower | March 23, 2018: Mint mobile wallet poised for April launch in the UAE. On March 22, 2018, The Mint Corporation (TSXV:MIT) announced that its majority-owned subsidiary, Mint Middle East LLC ("MME"), is expected to commercially launch the mobile wallet application in April. In...Read More
Drilling operations on Allegiant Gold's Eastside gold property near Tonopah, Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin-out company comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX; CBGDF-OTCQX], has added a second drill rig to the resource expansion program currently under way at Allegiant's100%-owned Eastside gold project, loc...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
An overview of China's minor metals markets in the week of March 19-23 and the reasons for any price moves.Read More
America's Kittson-Cobalt property in the Cobalt Exploration Camp of northeast Ontario. Source: Power Americas Minerals Corp.In its heyday back in the early 1900s and beyond, Cobalt was predominantly a silver mining camp, one that produced cobalt as a by-product. But now that cobalt has emerged as a key ingredient in the production of lithium ion batteries needed to support the growing electric veh...Read More
The uncertainty created by the announcement of import tariffs under Section 232 in the United States kept Turkish steel mills out of the deep-sea scrap markets during the working week from Monday March 19 to Friday March 23, although strong demand in the US domestic market kept sentiment positive.But the poor demand for material sent Taiwanese import prices downward.Turkey importsThe Turkish steel...Read More
Centerra Gold's Mount Milligan copper-gold mine in central British Columbia. Source: Centerra Gold Inc.Centerra Gold Inc. [CG-TSX, CAGDF-OTC] said Friday March 23 that it has restarted its second ball mill circuit at its Mount Milligan Mine located 145 km northwest of Prince George, central British Columbia.As announced on February 5, 2018, milling operations were restarted (albeit at a reduced ca...Read More
The gold market has been actively changing over the past 20 years.Some of the triggers that once had a significant effect on gold prices are now almost completely ignored.It wasn't too long ago that a terrorist bombing or nuclear threat would send gold prices much higher. Today, gold barely reacts to these incidents.But there has been one consistent market-moving event that reliably creates signi...Read More
The light iron scrap market in the United Kingdom is unchanged this week, extending a steady trend from the previous week, although signs are emerging that prices may fall in the near term.The market has been steady for two weeks in a row after four weeks of price rises stemming from strengthening demand to key export markets such as Turkey and the Indian subcontinent. Metal Bulletin's price asses...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop International Lithium (TSXV: ILC) Provides Corporate Update Vancouver, British Columbia - March 23, 2018 (Newsfile Corp.) (Investorideas.com Newswire) International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces: Following the ann...Read More
The market for containerized ferrous scrap imports into India showed signs of softening this week amid poor scrap demand and weaker local steel prices, sources told Metal Bulletin on Friday March 23.Market participants shied away from buying imports at a time of uncertainty in the steel markets after no scrap deals were heard in the Turkish deep sea scrap market for the second consecutive week and...Read More
With a tear in her eye his mother joked that if J.C. was still alive, she would ground her sixteen-year-old son for killing himself. Unfortunately, her attempt to remain somewhat lighthearted after her son’s death reveals the tragic root of the problem.Teens have more legal restrictions than ever before. And as society continues to get stricter, teen suicide is skyrocketing.The suicide rate...Read More
Dubious Picks Unless this is part of another cunning negotiation tactic, the Donald's recent cabinet nominations have to be considered highly dubious, to say the least. First he promoted Mike Pompeo from his CIA post to the position of Secretary of State - removing the eminently reasonable, and as we believe widely underappreciated Rex Tillerson. Pompeo is mainly known for sharing Trump's irration...Read More
SPX, Quo Vadis? Considering the Crash Potential In view of the fact that the stock market action has gotten a bit out of hand again this week, we are providing a brief update of charts we have discussed in these pages over the past few weeks (see e.g. "The Flight to Fantasy"). We are doing this mainly because the probability that a low probability event will actually happen has increased somewhat...Read More
CloseGain/LossOn WeekGold $1345.70+$17.40+2.44%Silver$16.53+$0.14+1.22%XAU81.50+2.66%+3.56%HUI176.86+3.01%+3.33%GDM616.94+2.55%+3.08%JSE Gold1131.26+41.30+7.65%USD89.45-0.33-0.84%Euro123.56+0.45+0.56%Yen95.70+0.61+1.46%Oil$65.88+$1.58+5.68%10-Year2.812%-0.009-1.16%Bond145.00+0.25-0.32%Dow23533.20-1.77%-5.67%Nasdaq6992.67-2.43%-6.54%S&P2588.26-2.10%-5.95% The Metals: Gold...Read More
"The drums of war are beating louder, and louder, and louder."Read the latest articles at Peak Prosperity: https://www.peakprosperity.com/Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early eco...Read More
By David SmithIt's a safe bet that most readers of this column who hold physical precious metals - gold, silver, platinum and palladium - do so because they view them as a store of value. Gold and silver especially, have served in the role of honest money for at least five millennia.With a melting point 700 degrees higher than gold, the Spaniards weren't able to determine how to utilize platinum...Read More