The census bureau does the data-gathering and the Bureau of Labor Statistics feeds the questionable data sample through its statistical sausage grinder and spits out some type of grotesque scatological substance. You know an economic report is pure absurdity when the report exceeds Wall Street's rose-colored estimate by 53%. That has to be, by far, an all-time record-high "beat."If you sift th...Read More

Key data from Metal Bulletin's Wednesday March 7 pricing session in China.Molybdenum concentrate Metal Bulletin Chinese free market, 45% Mo, in-warehouse China, RMB per mtu Key drivers- Supply is tight on earlier plant turnarounds conducted by major miners.- Recent surge in Chinese exports for January 2018 further underpins supply tightness.-...Read More

Bob Moriarty ArchivesMar 9, 2018Miramont is a brand new, only trading since November, exploration company focused on Southern Peru. Quinton Hennigh of Novo Resources and Irving Resources fame is the chairman of the board.I wrote about the company when they first went public.The four-month hold on the shares ends on the 15th of March and the shares become free trading the next day. Miramont issued...Read More

Key data from Metal Bulletin's Wednesday March 7 pricing session in China.Molybdenum concentrate Metal Bulletin Chinese free market, 45% Mo, in-warehouse China, RMB per mtu Key drivers- Supply is tight on earlier plant turnarounds conducted by major miners.- Recent surge in Chinese exports for January 2018 further underpins supply tightness.-...Read More

Camino Minerals' (COR.V) share price has continued to slide since reaching C$2 in April last year on the back of an interesting copper discovery in Peru. Whilst investors initially seemed to be speculating on Camino discovering one of the typical Peruvian large-scale copper porphyry deposits, the interest in Los Chapitos tanked.Undeservedly so.Camino Minerals has done pretty much everything right...Read More

Domestic stainless steel prices in China have fallen further over the past week following losses in the nickel market. Metal Bulletin's assessment of prices for benchmark 304 stainless CRC in the major market of Wuxi was 14,600-15,300 yuan ($2,304-2,415) per tonne including VAT for the week ended Thursday March 8, against 14,700-15,300 yuan per tonne from a week earlier. Nickel prices on the Londo...Read More

The Randgold Resources Kabili gold mine in the Democratic Republic of Congo, Africa. Source: Randgold Resources PLC.The announcement is the latest twist in a saga that began in late January following reports that the DRC was planning sweeping changes to the mining code that are expected to have an impact on every mining project in the country.The code is expected to bring an increase in taxes and...Read More

Leagold Mining's Los Filos open pit gold mine 230 km south of Mexico City, Mexico. Source: Leagold Mining Corp."We view these changes positively as we believe this highlights the potential for additions to Los Filos reserves and production owing to the massive resource base there (11.5 million ounces gold in the measured and indicated category, plus a further 5.7 million ounces in the inferred cat...Read More

Argentina Lithium's exploration crew sampling the Lithium Triangle of Argentina. Photo courtesy Argentina Lithium & Energy Corp.The new project includes a combination of 100%-owned property applications and properties with the option to earn 100% interest through a combination of cash payments and work commitments."I'm very pleased to be able to report to our shareholders that not only are we...Read More

Prices for ferrous scrap in the major global markets kept rising over the past seven days despite questions over how the new US import tariffs on steel could affect the scrap markets.Good scrap demand has led to higher prices in the import markets of Turkey, India and Taiwan, while US export prices have stayed stable.Turkey importsTurkish steel mills continued to book scrap at higher prices this w...Read More

The UK inter-merchant price range for austenitic alloy steel scrap has been largely unchanged over the past week while market participants wait for nickel prices to settle, sources said on Friday March 9.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?950-980 ($1,317-1,359) per tonne delivered on Friday, compared with ?950-990 per tonne delivered last...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Terrax (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) Winter Drilling Extends Sam Otto Zone with 1.5 km Step-out Hole, Confirming a 2.2 km Long Mineralized Zone Open Along Strike and at Depth Vancouver, British Columbia - March 9, 2018 (Newsfile Corp...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Miramont Prepares Phase 1 Drill ProgramSource: Bob Moriarty for Streetwise Reports March 9, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold profiles a new company with a project in southern Peru; sampling has shown values of up to 18...Read More

A steady increase in ferrous scrap demand to key destinations such as Turkey and the Indian subcontinent from Europe has pulled up prices for light iron, grade-5C steel scrap in the United Kingdom this week, sources told Metal Bulletin on Friday March 9.The UK light iron scrap market has now moved up for four weeks in a row.Metal Bulletin's price assessment for UK grade-5C ferrous scrap on an inte...Read More

Via Sovereignman.comOn April 15, 1185, over eight centuries ago, a powerful earthquake struck the East Midlands region of England near the town of Lincoln.Modern scientists estimate the magnitude of the earthquake at 5.0 on today's Richter scale... which was a pretty big deal back then.Medieval England didn't have any earthquake-proof construction methods, and much of the region was leveled to the...Read More

Comex copper prices rebounded in morning trading on Friday March 8 in the United States after the publication of a jobs report that exceeded expectations.Copper for May settlement on the Comex division of the New York Mercantile Exchange recovered 3.4 cents or 1.1% to trade recently at $3.1130 per lb. Yesterday, the contract slid to the lowest point since February 12.This morning, the US non-farm...Read More

This week, the Department of Defense sent out an interesting Tweet where they openly admitted that they control how the US government is portrayed in Hollywood films.While this is a fact that has been documented for many years, it is still largely overlooked by mainstream media sources, who insist that this idea is nothing more than a conspiracy theory. In the post, it was plainly admitted that th...Read More

Base metals traded on the London Metal Exchange are for the most part weaker this morning, Friday March 9. The exception is nickel, where prices are up by 0.2%, while the rest are lower: Zinc (-1%), tin (-0.9%), aluminium (-0.5%), lead (-0.3%) and copper prices are off by 0.5% at $6,792 per tonne.Volume has been high with 13,023 lots traded as of 07.10am London time - high volume and weak prices d...Read More

 CloseGain/LossOn WeekGold $1323.50+$1.40+0.12%Silver$16.58+$0.10+0.42%XAU78.90-0.09%+0.19%HUI172.92-0.36%-0.04%GDM603.40-0.33%+0.24%JSE Gold1126.62+6.28+1.72%USD90.13UNCH+0.21%Euro123.08-0.07-0.16%Yen93.69-0.46-1.02%Oil$62.04+$1.92+1.29%10-Year2.897%+0.037+1.29%Bond144.0625-0.53125-0.17%Dow25335.74+1.77%+3.25%Nasdaq7560.81+1.79%+4.17%S&P2786.57+1.74%+3.54%  The Metals: Gol...Read More

By Ira EpsteinWill metals have to fight new highs in stock indices?https://www.iraepstein.com/ Read More