Metal Bulletin correspondents round up the main topics and trends from the final day of the 2018 Investing in African Mining Indaba. Resource nationalism Miners are expecting a showdown in the Democratic Republic of Congo, where a new mining code is slated to be signed into law. But instead of fighting individual battles, companies are for the first time pulling together in a force that unites bot...Read More

Selenium prices moved up this week reaching its highest since May 2017 on continued material tightness and healthy appetite from Asian consumers. Metal Bulletin's selenium free market in-warehouse price rose to $19-21.50 per lb on Wednesday February 7, an increase of 2.5% from the previous assessment to a level last seen in May 2017. "The market is really heading up," a trader in Europe said....Read More

Visible gold from drill core at the Clarence Stream ProjectIt is rare that investors gain exposure to both a rising zinc and gold price in a single exploration company. But that is exactly what is on offer at Galway Metals Ltd. [GWM-TSXV; GAYMF-OTC], a well-financed Canadian exploration company with two high-grade properties in New Brunswick and Quebec.Headed by highly experienced management, Galw...Read More

The Turkish steel mills returned to the deep-sea scrap market for a number of cargoes with prices going up on Thursday February 8.Steel producers in the country booked at least four deep-sea cargoes, totaling 137,000 tonnes, late on February 7.A steel mill in the Iskenderun region booked a US cargo, comprising 23,000 tonnes of HMS 1&2 (80:20) at $349.50 per tonne, 20,000 tonnes of shredded at $354...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop 'Rodney Dangerfield' Mining Companies with Great AssetsSource: Streetwise Reports February 8, 2018 (Investorideas.com Newswire) Adrian Day of Adrian Day Asset Management makes the case for "two strong projects" that are "severely undervalued in the market."...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Bayhorse Silver Inc. (TSXV: BHS) Commences Mining the Legend Zone at the Bayhorse Silver Mine; Ships First Ore-Sorted Upgraded Mineralization, Oregon, USA Vancouver, British Columbia - February 8, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Bayhorse...Read More

For a long time, homeopathic medicines have not been subject to FDA approval. Now the FDA says homeopathic treatments must follow the same rules as typical drugs. This includes the tens of millions of dollars to run clinical trials to get FDA approval.The main problem the FDA has is the unproven claims that homeopathic treatments make. They say that claiming without proof that a certain remedy can...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Power Americas (TSXV: PAM) Closes Property Acquisition at Kittson Vancouver, British Columbia - February 8, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Power Americas Minerals Corp. (TSXV: PAM) ("Power Americas" or the "Company") is pleased to announ...Read More

Comex copper prices bounced back on Thursday February 8 after crashing to a multi-week low the day before, with investors still upbeat on global growth prospects for 2018. Copper for March settlement on the Comex division of the New York Mercantile Exchange rose 1.00 cents or 0.3% to $3.0975 per lb. Yesterday, the metal touched $3.1060, the weakest since January 23. "Downside prices risks are like...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Cornerstone Metals (TSXV: CCC) (OTCQB: CCCCF) Completes Major Milestone at its Carlin Vanadium Project in Nevada Infill Drilling Completed as Company Moves to Next Phase Vancouver, British Columbia - February 8, 2018 (Newsfile Corp.) (Investorideas.com News...Read More

It's Just a Flesh Wound - But a Sad Day for Vol Sellers On January 31 we wrote about the unprecedented levels - for a stock market index that is - the weekly and monthly RSI of the DJIA had reached (see: "Too Much Bubble Love, Likely to Bring Regret" for the astonishing details - provided you still have some capacity for stock market-related astonishment). We will take the opportunity to toot our...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Anaconda Scores 34.7 g/t Gold over 3.5 MetersSource: Bob Moriarty for Streetwise Reports February 8, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold looks at this gold explorer's drill results for its Nova Scotia project.Did I mention why I love...Read More

Base metals traded on the London Metal Exchange are little changed this morning, Thursday February 8, with copper (+0.5%) and zinc (+0.5%) the only metals in positive territory, while the rest are under slight downward pressure. Volume remains healthy, however, with 18,941 lots traded as of 07.16 am London time.The base metals complex seems to be undermined by a more pronounced appreciation in the...Read More

Contradictory Palaver The recent hullabaloo among President Trump's top monetary officials about the Administration's "dollar policy" is just the start of what will likely be the first of many contradictory pronouncements and reversals which will take place in the coming months and years as the world's reserve currency continues to be compromised. So far, the Greenback has had its worst start si...Read More

CloseGain/LossGold $1317.20+$1.90Silver$16.38+$0.05XAU79.86-0.85%HUI178.39-0.81%GDM606.47-0.63%JSE Gold1142.47-32.32USD90.33-0.02Euro122.47-0.24Yen91.95+0.57Oil$61.15-$0.6410-Year2.829%-0.012T-Bond144.25-0.375Dow23860.46-4.15%Nasdaq6777.16-3.90%S&P2581.00-3.75% The Metals: Gold dropped $8 to $1307.30 in London before it bounced back to $1316.90 at about 9:30AM EST and then fell back to $13...Read More

By Ira EpsteinBreak in stock indices supports gold.https://www.iraepstein.com/ Read More

"This has never happened before. This is completely unprecedented."Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial...Read More

By Cecilia Jamasmie Processing facilities, which have the capacity to handle 5,000 tonnes of ore daily over five years. (Image courtesy of Northern Vertex Mining.) Shares in Canada's Northern Vertex Mining (TSX-V: NEE) were up Wednesday after the miner said is closer than ever to pour first gold at its Moss mine, in northwestern Arizona.The Vancouver-based company said that roughly 7,800 tonnes...Read More

ArcelorMittal Mexico is to build a 2.5 million tonne per year capacity hot strip mill and a 650,000 tpy hot skin pass mill at its L??zaro C??rdenas site in Michoac??n, Southern Mexico.Both mills are planned to start up in 2020."This [project] will enable ArcelorMittal L??zaro C??rdenas to process the slabs produced in its works on site," equipment provider Primetals Technologies said on...Read More

"Nothing is going to stop rates from rising."Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street J...Read More