The cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed cobalt standard...Read More
The cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More
Spot-market demand for cobalt metal has remained at minimal levels in recent weeks, leading market participants to question the level of discount that would be achievable in the forthcoming "mating season."Sellers confirmed on Monday October 19 that consumers continued to take any additional requirements of metal from long-term contracts, enjoying discounted prices arranged last year.This has left...Read More
A strengthening of the yuan against the dollar is resulting in higher export offers for Chinese minor metals and ferro-alloys while also making buyers in China more willing to pay higher for imports.Following a strong economic recovery in China after the turmoil caused by the Covid-19 pandemic, the Chinese currency hit a 17-month high against the dollar on Friday October 9 - the first working day...Read More
The price of magnesium in China rose in the week to Friday October 16, supported by active purchasing by exporters looking to secure material for month-end deliveries and rising production costs, market sources told Fastmarkets.Fastmarkets' weekly price assessment for magnesium 99.9%, exw China was 12,300-12,400 yuan ($1,837-1,852) per tonne on October 16, an increase of 200 yuan per tonne (1.6%)...Read More
The Canadian stock market only accounts for about 2.7% of the world’s stocks, while close to 54% are in the United States, where the largest stock market resides. Therefore, it speaks volumes when Warren Buffett is invested in two TSX stocks via Berkshire Hathaway.Specifically, in the last reported quarter, Buffett had about US$794 million invested in Canada. He had invested roughly US$565 m...Read More
Warren Buffett has regained his bearing after the COVID-19 shock kept him away from the market in the first half of 2020. The legendary investor was criticized for being a net seller of stocks instead of an aggressive buyer. However, his conglomerate has drawn about US$18.5 billion already from its cash hoard in the third quarter.The GOAT (greatest of all time) of investing is a value hawk, althou...Read More
Bob Moriarty ArchivesOct 21, 2020The Republican and Democratic candidates for president may be the most flawed in U.S. history. And yet one of these two men—God help us—will be sworn in this January.If you’re like me, you’re not betting on either one. Government spending is already out of control. Replacing Trump, the self-proclaimed “King of Debt,” with Biden,...Read More
That's one way of interpreting the results of a poll taken of participants in a Macquarie Bank base metals summit earlier this week.Read More
Orestone Mining Corp. (TSX-V: ORS, Frankfurt: WKN: A2DWW7) owns a 100% percent interest in the Captain gold/copper porphyry project in north central British Columbia, 41 kilometres north of Fort St. James, B.C. and 30 kilometres south of the Mt. Milligan copper-gold mine, which is a very large deposit that has been in production for many years. Captain hosts a cluster of large porphyry targets, ad...Read More
Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) is a mineral exploration company, focused on the discovery of large gold-copper deposits in the Americas, with two main assets: the prospective Cervantes porphyry, gold-copper property in Sonora, Mexico, and the historic, district-scale, Tombstone properties, in Cochise County, Arizona, that host both bulk tonnage epithermal gold-silver, and CRD silv...Read More
Ghawar, Burgan, Daqing, Ahvaz, Cantarell, Prudhoe Bay... You know these names well if you've had a dime invested in oil at any point over the last hundred years.There are even a few that'll have you scratching your head, such as Safaniya, Kashagan, and Samotlor.These are among a few of the world's remaining supergiant oil fields.More importantly, these oil fields gave a select group of state-run c...Read More
Independent financial analyst Matt Badiali profiles an explorer with projects in Nevada and Wyoming. CK Gold ProjectBack in 2017, I stood on a mountainside in northern Nevada, watching a drill rig on the Keystone Project. It was a classic Nevada gold story...lots of the right rocks, lots of the right minerals and the right address. Keystone sits on the Cortez Trend. I drove past Barrick's giant C...Read More
Cabral Gold's new Dona Moca target, at Cui? Cui?, revealed visible gold and gold grades up to 108.3 g/t in surface grab samples. In a news release, Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCBB) announced it identified a new high-grade target, Dona Moca, at its Cui? Cui? gold project in Brazil.Dona Moca showed visible gold and gold grades of 108.3 grams per ton (108.3 g/t), 32.0 g/t, 21.9 g/t and 3.9...Read More
Troilus Gold Corp. reported it has been awarded the "Excellence in Sustainable Development" Award by the Quebec Mineral Exploration Association at the XPLOR 2020 Virtual Award Ceremony. In a news release,Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) announced that it has been named as the recipient of this year's "Excellence in Sustainable Development" award by the Quebec Mineral Exploration Associat...Read More
Gold Standard Ventures reported drill results from 24 of 75 holes at its Pinion Phase 4 Development Program located at Carlin Trend, Nevada. Gold Standard Ventures Railroad-PinionIn a news release, Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced "encouraging drill results from 24 of 75 holes in the 2020 Pinion deposit development program on its 100%-owned/controlled Railroad-Pinion P...Read More
Money manager Adrian Day reviews major developments at two companies, which he believes "should be very beneficial," and updates developments at several juniors, noting "some very strong buys." Breaking Up Can Be Good for You Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE, US$12.01) has announced plans to split the company, with the royalties staying in OR while the various interests in exploration...Read More
Technical analyst Clive Maund takes a look at gold charts and explains why he believes the dollar price of gold will eventually skyrocket. With a collapse in the dollar and hyperinflation now inevitable, it is clear that the dollar price of gold will eventually skyrocket, and when I say "eventually" I am not talking about in 5 or 10 years time. It is already starting to accelerate away to the ups...Read More
The Copper/Gold ratio is saying something. That something is that a cyclical, pro-inflation and thus pro-economic reflation metal shown earlier, remaining nominally positive on a down market day has, in relation to gold, taken out two important moving averages (daily SMA 50 & SMA 200) and is currently riding the short-term EMA 20 upward. RSI and MACD are positive.Copper: Pro-cyclical inflation...Read More
Inflation is back. OK, not inflation, but inflation expectations. As the chart below shows, they plunged during the coronavirus crisis, but they have already recovered. Currently, and based on the inflation-protected Treasury yields, Mr. Market expects that inflation will be, on average, 1.5 percent in the next five years and 1.7 percent in the next ten years. Meanwhile, the real bond yields have...Read More