The copper price trading on the London Metal Exchange managed to hold on to most of its early morning gains to close $76 per tonne higher on Monday February 12. The three-month copper price is now trading back above $6,800 per tonne and the red metal continues to stabilize after falling to a two-month low after the equity market plummeted and the dollar recovered. The majority of metals closed in...Read More

Richard Harrington, parliamentary under-secretary of state at the UK's Department for Business, Energy and Industrial Strategy (BEIS), has given notice of the department's intention to seek an advance from the Contingencies Fund to provide financial cover to the Office for Nuclear Regulation (ONR).BEIS published draft nuclear safeguards regulations on 19 January, setting out the nuclear safeguards...Read More

Comex copper prices bounced back on Monday February 12 morning in the US due to a weaker dollar and the market stabilizing after heavy losses last week.Copper for March settlement on the Comex division of the New York Mercantile Exchange rose 4.15 cents or 1.4% to $3.0750 per lb. On Friday, the contract tumbled to its lowest point since December 14, 2017.Base metals were driven lower last week whi...Read More

I wrote the following analysis on Amazon.com's GAAP accounting manipulation for Seeking Alpha...Amazon.com (AMZN) released its earnings on Thursday, February 1st after the market closed. The headline net income number was $3.85/share. This blew away Wall Street's estimate of $1.85/share, which is a bit peculiar since the traditional "beat the Street" earnings game is accomplished by guiding Wall S...Read More

The early-February sell-off in London Metal Exchange base metals seems to have run its course for now, but it may have not been as extreme as it could have been, ironically because of the growing influence of computerized trading systems.At the end of December last year, copper traded as high as $7,291.50 per tonne, and was pretty much maintained at solid levels comfortably above $7,000 for the fi...Read More

Tungsten prices climbed higher last week in Europe amid tightening spot supply, while the Chinese market has started to wind down ahead of the week-long national holiday for Chinese New Year. China's tungsten market starts to wind down ahead of Lunar New Year Tightness in tungsten concentrate to continue in the first quarter ahead of China's National People's Congress scheduled for March&nbs...Read More

Chinese ferro-silicon prices have been flat over the past week before the Lunar New Year holiday, the European market dropped further amid slow demand and US prices were supported by supply tightness. Chinese activity pauses ahead of holiday  Slow activity in Europe prompts lower offer prices  Supply tightness underpins US market China holds steady before holidayChinese domestic fer...Read More

Teranga Gold (TGZ.TO) completed a successful 2017 wherein it produced just over 233,000 ounces of gold at its Sabodala project in Senegal. The higher gold price and good production results have increased the year-end cash position to $88M, which will allow the company to develop its next project; the Banfora gold project which has now been renamed into Wahgnion.You already know our opinion about W...Read More

Glencore's Pasar copper smelter has returned to operation after fixing a technical failure that led to a production halt last month, the company told Metal Bulletin."The problem has been resolved and the smelter is back online," Glencore spokesman Charles Watenphul said in an emailed statement. The spokesman declined to provide details on the repairs undertaken or comment on whether the 330,000 to...Read More

Arizona has a positive track record for ISR mining.Excelsior Mining (MIN.TO) has confirmed the Environmental Protection Agency ('EPA') has extended the public comment period on the permitting process of the Gunnison copper project in Arizona by an additional two months. This extension will facilitate a (final?) public meeting, scheduled for February 27th in the town of Dragoon, Arizona.After the e...Read More

Mark Smith, CEO, Largo Resources, at Maracas Menchen Mine.Vanadium redox batteries demand a steady supply of vanadium to make the technology work. One vanadium redox battery requires six to eight kilograms of vanadium per kilowatt hour, so a 10 megawatt per hour battery requires 60 to 80 tonnes of vanadium. With a geographical concentration of vanadium producers in South Africa, Russia and China...Read More

Dividend announcement is BCE Inc.'s (TSX:BCE) 14th increase to its annual common share dividend since Q4 2008, signifying rise of 107%SmallCapPower | February 12, 2018: BCE Inc. (TSX:BCE) recently reported 4.6% YoY growth in operating revenue to $22.72 billion for FY2017, driven primarily by strong additions to its postpaid subscriber base, particularly in the fourth quarter, which saw the best s...Read More

Manganese ore prices jumped by as much as 35 cents per lb on Friday February 9, as consumers stockpiled ahead of Chinese New Year in anticipation of further price increases. Ore prices jump as much as 35 cents as consumers stockpileAlloy prices drift in ChinaIndian alloy prices pull back as China winds downEuropean alloy prices hold in thin tradingAlloy markets stand firm in USA Manganese ore pric...Read More

Chinese silicon export prices jumped up by 1.3% on Friday February 9 due to currency uncertainty and tightening spot availability, while US silicon prices rose again on higher logistics costs and supply concerns ahead of the final determinations on the anti-dumping and countervailing duty probes. Chinese silicon metal export price breached $2,000 per tonne in the latest pricing assessment amid a b...Read More

The Turkish deep-sea scrap import market went quiet on Monday February 12, digesting the latest bookings done at the end of last week.Turkish steelmakers were active in the bulk ferrous scrap market over the preceding seven days, booking at least eight bulk ferrous scrap cargoes from suppliers in the United States, the UK and...Read More

Mining for Miracles is the BC mining community's longstanding fundraising campaign in support of the BC Children's Hospital Foundation. Every year volunteers from the mining community work together through Mining for Miracles to help improve the quality of health care for children in British Columbia. Through its support of the construction of facilities and acquisition of specialized medical equi...Read More

Turkish domestic auto bundle scrap prices have shown mixed dynamics over the past week, with some mills reducing their prices in line with falling imported scrap values, while other mills raised their prices to buy more material, sources said on Monday February 12.A number of steel mills in Turkey reduced their buy prices for scrap material by TRY10-15 ($3-4) per tonne in the past seven days, whil...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Groundhog WeekSource: Michael J. Ballanger for Streetwise Reports February 12, 2018 (Investorideas.com Newswire) The physical metals will continue to outperform mining shares until there is some stabilization in the global arena, posits precious metals expe...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Bold Ventures (TSXV: BOL) Acquires Lithium Claims Toronto, Ontario - February 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Bold Ventures Inc. (TSXV: BOL) ("Bold" or the "Company") announces the acquisition of two separate claim groups located with...Read More

Via Soveriegnman.comLess than two weeks ago, the United States Department of Treasury very quietly released its own internal projections for the federal government's budget deficits over the next several years.And the numbers are pretty gruesome.In order to plug the gaps from its soaring deficits, the Treasury Department expects to borrow nearly $1 trillion this fiscal year.Then nearly $1.1 trilli...Read More