Opportunities to lock in long-term sales of cobalt hydroxide - and diversify a customer base outside of China in the process - are too appealing to pass by in a market still feeling the effects of a ramp-up in intermediates supply. Earlier this week, Umicore and Glencore announced a long-term revolving agreement for the latter to supply cobalt hydroxide to the former's global operations. This foll...Read More

European molybdenum prices rose this week, with price gains in molybdenum oxide pulling up the alloy market, although the rally may be limited in the near term given muted demand in the stainless steel sector, trading sources said. Around 270 tonnes of oxide was reported traded in first half of the week to Wednesday May 29, with nearly half that volume done in Europe and the rest in Busan, South K...Read More

Domestic stainless steel prices in China widened over the past week amid a mixed outlook among market participants. The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 13,950-14,400 yuan ($2,018-2,083) per tonne including value-added tax for the week ended Wednesday May 29, compared with 14,000-14,300 yuan per tonne a week earli...Read More

Cambodia's Sihanoukville Special Economic Zone is over a thousand miles from China, but you would not know it to be there.Cut into a landscape of thick jungle and paddy fields, the area - which touts itself as a landmark Belt and Road project - is a mass of freshly built white factory buildings emblazoned with names such as Fangyuan Factory, Qingdao Baoli Textile and Jinchenyuan.There runs Kinnric...Read More

In March, Warrior Met Coal (NYSE: HCC ) approved a share buyback program of up to US$70 million of its outstanding common stock after exhausting a previous US$40-million repurchase program launched in May 2018.The metallurgical coal producer, with two underground mines in Alabama, also declared a special cash dividend in April of US$4.41 per share of its common stock for a total payment of US$230...Read More

Once in production, Dumont would be one of Canada's largest base metal mines and one of the top-five sulphide nickel producers in the world, RNC Minerals (TSX: RNX) says.The company has released an updated feasibility study on the fully permitted nickel-cobalt project, which contains the second-largest nickel reserves in the world (2.8 million tonnes, or 6.1 billion lb.), and the ninth-largest cob...Read More

Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resources"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingAs anyone working with statistics knows, before analysing data, it is crucial to understand...Read More

With the metals and mining sector in an unsettled state, should investors still be snapping up gold stocks as their go-to defensive standard? While metals such as palladium were down on auto bearishness, gold was similarly taking a hit at the start of the week, thanks in part to a weakened tech sector and stronger U.S. dollar. Today, we’ll take a look at two of the most-watched affected stoc...Read More

Once in a while, investors get a chance to buy quality dividend-growth stocks at discounted prices.Let’s take a look at two top TSX Index stocks that recently gave investors a nice raise yet are out of favour with the market.Suncor EnergySuncor Energy (TSX:SU)(NYSE:SU) is Canada’s largest integrated energy company with oil production, refining, and retail operations that enable the com...Read More

Trump's trade advisor, Peter Navarro, was on CNBC today asserting that the economy was expanding at an unprecedented rate. Either Navarro is tragically ignorant or an egregious liar. Either way he looks like an idiot to those us who study the real numbers and understand the truth.The Global Manufacturing PMI (Purchasing Managers Index) dropped to 50.4 - the lowest since July 2016. It's been fall...Read More

Non-executive director Stephen Hunt and non-exec chairman Asimwe Kabunga have both put in A$50,000 on an unsecured basis, with the funding repayable by mid-July.Volt needs US$40 million to develop the first stage of Bunyu, and the ASX-listed company has been trying to secure the funding for much of the past 12 months since completing feasibility work in July last year.Listings on stock exchanges i...Read More

You know that feeling you get when you were correct about something but no one listened?When you go on and on and on about something, only for people to ignore it until it starts causing problems?This is the situation I've found myself in this week over rare earth elements. And it's frustrating as all hell.I have been on the soapbox for years warning folks that China has had too much control over...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 194,463107,77562,206191,290301,244447,959471,225 Change from Prior Reporting Period -9,165-7,048-21,32723,46325,479-7,029-2,896 Traders 17874875253270179 Small Speculators LongShortOpen Interest 57,16733,901505,126 3,512-621-3,517 non reportable positions...Read More

By: Ira EpsteinThe US Dollar very strong near two-year highs. Metals went into a state of collapse. Precious metals higher - fear will be needed to move the price higher..Read More

Vancouver, B.C. - May 27, 2019 - Ximen Mining Corp. (TSX.v: XIM) (FRA: 1XMA) (OTCQB:XXMMF) (the "Company" or "Ximen") is pleased to announce its option partner New Destiny Mining Corp. (TSX.v NED) has begun the 2019 field exploration program on the Treasure Mountain Silver Property, located near Tulameen, B.C. Drilling and Trenching has been approved under the company's current work permit.The...Read More

Here we go again. The Fed evidently has begun "conditioning" our "expectations" for a new season of quantitative easing. Fed Would Consider Interest-Rate Cuts if Growth Outlook Darkens is the headline atop a news story concerning a NYC panel discussion moderated by the central bank's vice-chairman. This is just what Wall Street and other promiscuous abusers of credit have been praying for l...Read More

If gold has not risen to $1350 in the next two weeks, then when will it rise? Apart from a strong US everything is bullish. (a) Trade war is between USA-China, USA-Eurozone. (b) Friendly Mexico will be imposed twenty five percent tariff until it stops illegal migrants from entering USA. (c) Every corporate is now cautious dealing with American companies and has starting taking measures to redu...Read More

Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a p...Read More

*This debate took place at the 2019 SALT Conference which took place November 19-21, 2019.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...Read More

Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More