Zhaojin mine tour of Sabina's Gold's Back River Project. Nunavut. Sourcer: Zhaojin International Mining Co. Ltd.,The company has commenced a 6,000-metre Phase one spring drill program. That will be followed by another 20,000 metres this summer.A key focus of the first phase program will be a follow up on last year's success at the Umwelt "Vault" and Llama Extension targets, where significant miner...Read More
Aztec Minerals (AZT.V) has released another batch of drill results and we continue to like what we see there. All three holes reported in the most recent update contain mineralization which starts at surface which indicates the Cervantes strip ratio could be pretty close to zero. With 170 meters at 0.42 g/t gold, 122 meters at 0.6 g/t gold and 28 meters at 0.35 g/t gold (all starting at surface) t...Read More
Prices for high and low-grade cobalt metal rallied through the $40 per lb psychological barrier in the midweek pricing session, with scope to keep rising over the coming days and weeks. High prices are, at least for now, unlikely to deter purchasing, because tight supplies, strong demand from the battery and super-alloy sectors and larger volume inquiries are sufficient to underpin the latest gain...Read More
Representatives of the Democratic Republic of Congo (DRC) mining industry are to start discussions on the mining code with the country's government following a meeting with the DRC president this week. The purpose of the meeting, which took place on Wednesday March 7, was to clarify certain aspects of the country's proposed new mining code. The code was passed by both houses of parliament in Janua...Read More
Turkish steel producers spent Thursday March 8 without making any deep-sea scrap transactions, but they are still expected to book more cargoes for April, according to market sources.The mills have booked a number of deep-sea cargoes this week, leading to an increase in the prices."Today, the scrap market was quiet, but Turkish mills need more...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Jack Chan's Weekly Precious Metals UpdateSource: Jack Chan for Streetwise Reports March 8, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts recent movements in the gold and silver markets.Our proprietary cycle indicator is d...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop New Drilling Begins in NWT Deposit While Resource Estimate Grows at One of World's Largest Gold-Copper DepositsSource: Streetwise Reports March 8, 2018 (Investorideas.com Newswire) This company had news on two fronts: drilling at its Northwest...Read More
"The presidency will survive. The real question is what leads American presidents into the imperial temptation. When the American presidency conceives itself as the appointed savior of a world in which mortal danger requires rapid and incessant deployment of men, weapons, and decisions behind a wall of secrecy, power rushes from Capitol Hill to the White House."-Historian Arthur Schlesinger, Jr....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Target Prices Raised on Cobalt Pure-Play After Major Royalty AcquisitionSource: Streetwise Reports March 8, 2018 (Investorideas.com Newswire) Analysts assess the move by this company to acquire a royalty on a project that one calls "one of the...Read More
Comex copper prices softened to the lowest point since mid-February on Thursday March 8 amid ongoing uncertainty relating to US steel and aluminium tariffs. Copper for May settlement on the Comex division of the New York Mercantile Exchange dipped 5.20 cents or 1.7% to $3.0820 per lb. Earlier today, the contract touched $3.0795, the lowest since February 12. Questions over US trade policy and poss...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Explorer with High-Potential Nevada Project Begins TradingSource: Streetwise Reports March 8, 2018 (Investorideas.com Newswire) A new exploration company with a project that has seen some high-grade drill results begins trading on the Canadian...Read More
Via Sovereignman.comThe Securities and Exchange Commission clamped down on cryptocurrency firms last week in a major way.The regulatory body issued dozens of subpoenas (some groups estimate more than one hundred) to companies that conducted or advised on initial coin offerings (ICOs).Notes readers aren't surprised, as I've long warned that the scammy ICO market is one of the biggest bubbles I'v...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Explorer Reports World-Class Silver Mineralization in MexicoSource: Streetwise Reports March 8, 2018 (Investorideas.com Newswire) A company exploring in northern Mexico looks to have hit a major high-grade zone under its already defined deposit...Read More
Base metals traded on the London Metal Exchange are split into two camps this morning, Thursday March 8, with copper ($6,924 per tonne), nickel, zinc and tin prices all down by an average of 0.6%, while aluminium and lead prices are up by an average of 0.3%.Volume has been average with 7,370 lots traded as of 06.43am London time. This follows a day of weakness on Wednesday when prices were down by...Read More
A Warning Signal from Market InternalsReaders may recall that we looked at various market internals after the sudden sell-offs in August 2015 and January 2016 in order to find out if any of them had provided clear advance warning. One that did so was the SPX new highs/new lows percent index (HLP). Below is the latest update of this indicator. HLP (uppermost panel) provided advance warning prior...Read More
CloseGain/LossGold $1322.10-$3.10Silver$16.48UNCHXAU78.97+0.23%HUI173.54+0.07%GDM605.40-0.08%JSE Gold1120.34-17.90USD90.13+0.55Euro123.15-0.98Yen94.15-0.20Oil$60.12-$1.0510-Year2.860%-0.022T-Bond144.6875+0.5625Dow24895.21+0.38%Nasdaq7427.95+0.42%S&P2738.97+0.45% The Metals: Gold fell $6.10 to $1319.10 in late morning New York trade before it bounced back higher into the close, but it still...Read More
David Stockman on "Futures Now" (CNBC, March 8, 2018)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author, most recent...Read More
COLORADO SPRINGS, Colo., March 08, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American:GORO) (the "Company") today announced as of December 31, 2017, it increased proven and probable reserve tonnes by 32%, extending its Oaxaca Mining Unit's mine-life. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA....Read More
China's hot-rolled coil prices continued to fall with purchasing interest thinning amid higher inventory levels.DomesticEastern China (Shanghai): 4,000-4,030 yuan ($632-637) per tonne, down by 40-50 yuan per tonneNorthern China (Tianjin): 3,940-3,960 yuan per tonne, down by 50 yuan per tonneFerrous futures plunged in the afternoon after an industry information provider released data showing an inc...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More