This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange rose a fraction to 829.32 Thursday. Roger Daher has filed a final prospectus to list his first capital pool shell, Skyscape Capital Inc. The shell is selling a $500,000 initial public offering at 50 cents throu...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellThe U.S. Securities and Exchange Commission has filed civil fraud charges against Mississauga's Douglas Murdock for misleading the public with respect to a purported water treatment listing. The SEC claims that he acquired a large block of tradable sh...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for April delivery lost $1.37 to $61.64 on the New York Merc, while Brent for April lost 85 cents to $65.78 (all figures in this para U.S.). Western Canadian Select traded at a discount of $28 to WTI ($33...Read More
The latest news and price moves to start the Asian day on Friday March 2. Aluminium and tin were the only base metals on the London Metal Exchange to close the day in positive territory on Thursday March 1, with the rest of the complex diving. Read more in our live futures report.Here are how LME prices looked at Thursday's close:United States President Donald Trump announced in a meeting with US...Read More
Despite a relative pessimism regarding macroeconomic fundamentals, the South African rand is expected to gain strength over the next few months and that could mean bad news for the country's gold miners, according to BMI Research.In a recently published report, BMI forecasts a year-end exchange rate of ZAR10.9/USD, up from a previous forecast of ZAR11.6/USD. The firm says that not everyone will be...Read More
Base metals on the London Metal Exchange mostly closed the week in negative territory on Friday March 2, with aluminium the sole exception.The three-month aluminium price held steady throughout today's trading while the market assessed news that US President Donald Trump intends impose a 10% tariff on aluminium imports."Who knows what it will mean to for exchange prices? For sure it will affect th...Read More
Refining charges (RCs) on blister copper imported into China stayed at high levels in February, with buyers snapping up tonnages on the well-supplied domestic spot market.China purchased several thousand tonnes of 98-99% blister copper, mainly from African producers, at RCs of $200-210 per tonne cif last month, according to Metal Bulletin's assessment.Metal Bulletin introduced its monthly RC asses...Read More
The Kamoa-Kakula copper project in the Democratic Republic of Congo (DRC) has increased its mineral resource estimate by 50%, which could bring around 21.5 billion lb (9.8 million tonnes) of copper into the market, Ivanhoe Mines said earlier this week. Research conducted in 2017 revealed Kakula's mineral resources at the Kamoa-Kakula mine stand at an estimated 174 million tonnes of which 5.62% is...Read More
A manganese ore price ceiling agreed by Chinese alloy smelters has collapsed a day after representatives agreed not to pay more than $8 per dry metric tonne unit for low-grade ore, Metal Bulletin understands. Representatives from manganese alloy smelters met on Thursday March 1 and agreed a price ceiling for 37% manganese ore after prices for the raw material continued to soar, several market sour...Read More
Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel have all raised their high-carbon ferro-chrome tender prices month on month for March due to tight supply of the stainless steel raw material, higher chrome ore prices and rand appreciation. Tisco has bid 7,750 yuan ($1,221.42) per tonne for high-carbon ferro-chrome for March delivery,100 yuan higher than its February tender price. The day...Read More
Earlier this quarter, GoldQuest Mining (GQC.TO) released the assay results of seven holes drilled on its Tireo concessions in the Dominican Republic. It had previously made an interesting discovery on this license which was named Cachimbo and still appears to be open in all directions.The drill holes show some interesting features as the mineralization appears to be divided into two zones; a highe...Read More
Refining charges (RCs) on blister copper imported into China stayed at high levels in February, with buyers snapping up tonnages on the well-supplied domestic spot market.China purchased several thousand tonnes of 98-99% blister copper, mainly from African producers, at RCs of $200-210 per tonne cif last month, according to Metal Bulletin's assessment.Metal Bulletin introduced its monthly RC asses...Read More
Rio Tinto Alcan's Kitimat aluminum smelter in northwest coastal British Columbia. Source: Rio Tinto Alcan.Trump said he intends to slap a 25% duty on steel imports and 10% on aluminum in order to protect the national industry. However, the dollar and Wall Street shares slumped as the plan sparked fears of a trade war and worries about the impact on the world's largest economy.Such a move would hur...Read More
Maricann Group Inc.'s (CSE:MARI) Chairman and Director have resigned following an Ontario Securities Commission reviewSmallCapPower | March 2, 2018: Maricann Group Inc. (CSE:MARI), after the market close on March 1, 2018, announced that it has received a notice of termination from its Underwriter that it will not proceed with a $70 million bought deal equity financing at a price of $4.00 per unit....Read More
The Kamoa-Kakula copper project in the Democratic Republic of Congo (DRC) has increased its mineral resource estimate by 50%, which could bring around 21.5 billion lb (9.8 million tonnes) of copper into the market, Ivanhoe Mines said earlier this week. Research conducted in 2017 revealed Kakula's mineral resources at the Kamoa-Kakula mine stand at an estimated 174 million tonnes of which 5.62% is...Read More
Trevali Mining's Caribou zinc mine in the Bathurst Mining Camp of New Brunswick. Source: Trevali Mining Corp.Under the terms of the letter of intent (LOI), the option is subject to certain standard terms and conditions, including the receipt of all requisite regulatory approvals, including acceptance by the TSX Venture Exchange.Trevali is already a big player in the Bathurst Mining Camp through it...Read More
Peru's government has hailed the successful auction of the Michiquillay copper project as a sign of a revival in mining investment in the Andean nation, but several industry participants dispute that notion.Southern Copper Corp, controlled by Grupo Mexico, last week won a public tender to develop the world-class mining project in Peru's northern region of Cajamarca with an offer of $400 million. T...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 February 26-March 2 and the reasons for any price moves.Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop American Creek (TSXV: AMK) Reports That JV Partner Tudor Gold Has Targetted Sulphurets Thrust Fault Convergence Area Next to Iron Cap Deposit for Exploration Cardston, Alberta - March 2, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Americ...Read More