The world's second largest miner, Rio Tinto, (ASX, LON, NYSE:RIO) is a step closer to begin expanding its West Angelas iron ore mine in the Pilbara, Western Australia, as it has received the state's environmental watchdog's approval.The Environmental Protection Authority (EPA) said Monday it would recommend open-cut mining at the site to be expanded by 4,100 hectares to 26,700ha, taking it to with...Read More

Chinese steelmakers are regaining their appetite for high-grade iron ore despite record-high ore prices, mill managers and traders say, as recovering profit margins spur plants to seek efficiency gains and ramp up output.Steel firms had been forced to slash input costs through switching to low-quality ore in late 2018 as steel margins dived amid record output. A sharp surge in iron ore prices in e...Read More

Japan's JX Nippon Mining & Metals, a mining and smelting unit of JXTG Holdings Inc, said on Monday that Seiichi Murayama, senior executive officer, will become its new president on June 26, replacing the current president Shigeru Oi.Under a long-term vision through 2040 announced on Monday, JX Nippon Mining aims to transform itself into a company focusing on advanced materials from a company cente...Read More

Japan's JX Nippon Mining & Metals, a mining and smelting unit of JXTG Holdings Inc, said on Monday that Seiichi Murayama, senior executive officer, will become its new president on June 26, replacing the current president Shigeru Oi.Under a long-term vision through 2040 announced on Monday, JX Nippon Mining aims to transform itself into a company focusing on advanced materials from a company cente...Read More

Today's pullback could find familiar support, thoughThe shares of Shopify Inc (NYSE:SHOP) are down 4.5% in electronic trading this morning, after Guggenheim downgraded the e-commerce name to "neutral" from "buy." Ken Wong, the analyst in coverage, notes that while he still regards the retail name as a "disruptive force," he sees a capped potential in the stock's valuation and believes many inves...Read More

China will raise tariffs on U.S. goods starting June 1 Futures on the Dow Jones Industrial Average (DJI) have plummeted 480 points, after China said it will raise tariffs to as high as 25% on $60 billion worth of U.S. imports, starting June 1. This comes just after the U.S. raised tariffs on $200 billion in Chinese goods last week. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) a...Read More

Soaring investment demand will create platinum shortages in 2019, while the palladium market will see a deficit for the eighth consecutive year due to robust demand from the auto sector, specialist materials firm Johnson Matthey said.In a report produced at the start of Platinum Week in London, Johnson Matthey forecast a 127,000-ounce platinum shortfall this year, after surpluses of 372,000 and 44...Read More

Shorts coming out of hibernation remains a risk to stocks Since nearing 1,600 earlier this month, $RUT has stalled...Same for $SPX at 2,900... $IXIC now battling 8k- Todd Salamone (@toddsalamone) April 17, 2019 After multiple equity benchmarks rallied above key round numbers that I pointed out about a month ago on Twitter, and the S&P 500 Index (SPX - 2,881.40) and Nasdaq Composite (IXIC - 7,916...Read More

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In December 2018, Highland Gold Mining Limited (LON:HGM) released its most recent earnings announceme...Read full newsRead More

SailingStone Capital, the second largest shareholder in Rio Tinto- controlled Turquoise Hill (TSE, NSYE: TRQ), is expected to vote against the re-election of the Canadian miner's board members this week, during the company's annual meeting.The San Francisco-based investor claims the four independent directors were handpicked by Rio and are not representing the interest of all investors.SailingSto...Read More

SailingStone Capital, the second largest shareholder in Rio Tinto- controlled Turquoise Hill (TSE, NSYE: TRQ), is expected to vote against the re-election of the Canadian miner's board members this week, during the company's annual meeting.The San Francisco-based investor claims the four independent directors were handpicked by Rio and are not representing the interest of all investors.SailingSto...Read More

SailingStone Capital, the second largest shareholder in Rio Tinto- controlled Turquoise Hill (TSE, NSYE: TRQ), is expected to vote against the re-election of the Canadian miner's board members this week, during the company's annual meeting.The San Francisco-based investor claims the four independent directors were handpicked by Rio and are not representing the interest of all investors.SailingSto...Read More

"We are thrilled to announce Tom Albanese as #MJSelect Chair! Tom will be sharing his expertise on the 'Reflections on the Market'Albanese is the former CEO of @VedantaLimited and @RioTinto and is currently the Director of #FrancoNevada and Chairman of @NevadaCopper #MJS"Read full newsRead More

* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, May 13 (Reuters) - Lead prices sank to the lowest innearly three years on Monday on worries that industrial metalsdemand would suffer from renewed U.S.-Chinese trade tensions.Aluminium saw the lightest losses after reports of reducedsupply of raw material alumina from China.Metals slid along with other financial marke...Read More

Already legal in 30 states, the tide is turning for medical marijuana.It seems like everyone is looking for a way to make money from the legal marijuana boom...But many don't want to roll the dice and risk their hard-earned money on a penny stock, or spend hours learning how to buy shares of a grower on some Canadian exchange.But there is good news.Marijuana profit-sharing plans are here, and one...Read More

Canada Cobalt Works (TSXV: CCW) announced that it added approximately 4,800 hectares to its Castle mine land package, which means that it more than doubled the total size of the site to some 7,800 hectares.In a press release, the British Columbia-based miner said that the additional contiguous ground is to the north and northeast and that, of the total, 4,200 hectares were acquired in a deal with...Read More

Alba Minerals (TSX-V:AA) announced that it entered into an agreement with Journey Exploration to acquire all of its issued and outstanding share capital.The logic behind the buyout is that Journey holds a 100% interest in five prospective vanadium and uranium properties in Colorado and Utah.Yellow Circle mine workings. Photo by Alba Minerals.According to Alba, the projects are in and adjacent to t...Read More

Alba Minerals (TSX-V:AA) announced that it entered into an agreement with Journey Exploration to acquire all of its issued and outstanding share capital.The logic behind the buyout is that Journey holds a 100% interest in five prospective vanadium and uranium properties in Colorado and Utah.Yellow Circle mine workings. Photo by Alba Minerals.According to Alba, the projects are in and adjacent to t...Read More

"Gold edged up as tensions rose when US President Donald Trump hiked tariffs on Chinese goods during trade talks between the two power countries. https://t.co/UYAoJMGnxz #Investing #Resource #Gold"Read full newsRead More

Gold has been stuck in neutral despite a plethora of geopolitical developments that would typically push the precious metal higher.Apparently, it will take an actual "event" to impact gold sentiment, though any objective investor would agree the odds of such an event have risen dramatically over the past few weeks.I continue to recommend American investors have a small to medium position...Read More