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Rathdowney Resources names Whittington president, CEO

March 07, 2019 / www.mining.com

Vancouver's Rathdowney Resources has named J.R.H. (Dick) Whittington its new president and CEO. During a career that spans more than 40 years, he has worked in Canada, Mexico, Panama, Papua New Guinea and Australia. He was president and CEO of Farallon Mining until its sale to Nyrstar in 2011 and later of Northern Vertex Mining. Rathdowney's main focus is its Olza zinc-lead-silver project located...Read More

Stocks Close Down, Dow Trades Lower Amid Global Growth Worries - TheStreet

March 08, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Thursday for a fourth straight session even after the European Central Bank said it would keep interest rates at near-record lows until at least the end of the year, effectively insuring the Federal Reserve won't tighten anytime soon.Kroger (KR)  posted weaker-than-expected fourth-quarter earnings Thu...Read More

LIVE FUTURES REPORT 07/03: Dollar surge damps LME base metals prices; lead retains support

March 08, 2019 / www.metalbulletin.com

Base metals price on the London Metal Exchange were mostly lower at the close of trading on Thursday March 7, with price movements limited by a surge in the US dollar index above the psychologically significant level of 97, while both lead and tin futures retained support.The three-month lead price closed once more above its nearby resistance level of $2,100 per tonne, and continued to exhibit an...Read More

LIVE FUTURES REPORT 07/03: Comex copper price fails to maintain previous gains

March 08, 2019 / www.metalbulletin.com

The Comex copper price continued to drift on Thursday March 7 with uncertainty around US-China trade talks forcing market participants to retreat and delay any serious price action. The copper price for May settlement on the Comex division of the New York Mercantile Exchange declined 1.15 cents to $2.9070 per lb. Additionally, European buying was lackluster ahead of the European Central Bank's pol...Read More

Trump's Trade War Tweets, Buybacks And A Short-Squeeze

March 07, 2019 / investmentresearchdynamics.com

Someone last week suggested that Trump sees the stock market as the barometer measuring the success of his Presidency. I think his behavior, tweets, press comments, etc with respect to the stock market validates that assertion.The Dow trended lower all week last after Monday's close. Whenever the stock market faded from an early run-up or began a rapid sell-off, a Trump tweet or press statement wo...Read More

Rusal net profit up in 2018 despite OFAC sanctions; positive for year ahead

March 08, 2019 / www.metalbulletin.com

UC Rusal's net profit rose by 39% year on year in 2018, despite the aluminium producer operating under trading sanctions imposed by the United States for the majority of the year, Rusal said in its results statement on Thursday March 7. Rusal recorded a net profit of $1.689 billion compared with $1.222 billion in 2017. The company's revenue increased by 3.1% to $10.28 billion from $9.969 billion f...Read More

This past week in gold

March 08, 2019 / www.321gold.com

Jack ChanPosted Mar 7, 2019Gold sector as represented by $HUI is on a long-term sell signal.Long-term signals can last for months and are more suitable for investors.Gold sector as represented by $HUI is on a short-term sell signal.Short-term signals can last for weeks and are more suitable for traders.GDX – our gold stock ETF has confirmed bottoms with breakouts.The trend is up.The multi ye...Read More

Value stocks in the battery space: fact or fiction?

March 07, 2019 / www.mining-journal.com

As ever, matching materials that have fallen out of favour but still have upcoming supply deficits, could see investors do well.Read More

Rusal net profit up in 2018 despite OFAC sanctions; positive for year ahead

March 08, 2019 / www.metalbulletin.com

UC Rusal's net profit rose by 39% year on year in 2018, despite the aluminium producer operating under trading sanctions imposed by the United States for the majority of the year, Rusal said in its results statement on Thursday March 7. Rusal recorded a net profit of $1.689 billion compared with $1.222 billion in 2017. The company's revenue increased by 3.1% to $10.28 billion from $9.969 billion f...Read More

Peekaboo Beans Announces Latest Distribution Point in Omnichannel Business Model with Amazon.com

March 07, 2019 / kincommunications.com

Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce the launch of the Company's Amazon Store this March.After announcing the Company's launch of their performance based social retailing program in October 2018, various initiatives have been underway to ensure the Peekaboo Beans' approach remains aligned with its target marke...Read More

good natured (R) Plant-Based Handy Recycler Now a Top 10 Best Seller on Amazon.com

March 07, 2019 / kincommunications.com

Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that its plant-based Recyclers have quickly gained sales traction on Amazon.com since launching in November 2018. The good natured (R) Handy Recycler is now listed as one of the 10 bestselling recycling products on the e-commerce platform.With average monthly traffic of over 1.8 bi...Read More

Precious Metals Update Video: Gold/Silver Ratio - load up your shopping cart..

March 07, 2019 / news.goldseek.com

By: Ira EpsteinGold - 100 week average (~$1272/3 and rising) possible correction low. Biased down. Oversold.Gold/Silver ratio -- higher it goes, the more silver you load up in your shopping cart:Read More

GoldSeek Radio Nugget Interview: Dr. Steven Leeb

March 07, 2019 / news.goldseek.com

GoldSeek Radio's Chris Waltzek talks to Dr Steven Leeb http://www.leeb.com/ Read More

Precious Metal Pot Pourri

March 07, 2019 / news.goldseek.com

By: Rambus I know it may have come as a shock to some of you on why I raised some capital by selling a few PM stocks today. Whenever you see a false breakout of any chart pattern and the price action trades below the bottom rail of the original pattern that can setup a bearish situation. It's like a head fake. The stock forms what looks like a great breakout and maybe even accompanied by a break...Read More

Asian Metals Market Update: March-7-2019

March 07, 2019 / news.goldseek.com

ASIAN METALS MARKET UPDATEMomentum for gold and silver is bearish. I am happy with the correction. There will be good demand in every Asian nation. Buyers and investors will vanish if gold and silver fall next week. European central bank meeting today can affect euro as well as bullion. Lower growth forecast for this year has already been factored in by the markets and such they will not impact....Read More

Stagnant spot activity weighs on Chinese cobalt sulfate price; premium against local cobalt metal price narrows

March 08, 2019 / www.metalbulletin.com

Stagnant spot activity continued to weigh on the cobalt sulfate price in China, with spot offer prices marching lower in the mid-week assessment on Wednesday March 6 amid persistent selling pressure. Fastmarkets assessed the Chinese cobalt sulfate, basis 20.5% Co market price at 57,000-60,000 yuan ($8,491-8,938) per tonne on March 6, down by 3,000-4,000 yuan per tonne or 5.6% from 60,000-64,000 yu...Read More

METALS-Copper slips as LME supply squeeze appears to ease

March 07, 2019 / www.kitco.com

* LME copper stocks rise from decade low * Cash to 3-month spread falls sharply * Dollar strengthens after ECB policy change * Nickel falls more than 3 percent (Updates with closing prices)By Peter HobsonLONDON, March 7 (Reuters) - Copper prices fell on Thursdayas rising stockpiles and a drop in the premium for directlyavailable metal signalled a supply squeeze on the London MetalExchange may be e...Read More

European aluminium ingot price falls to lowest in three years; aluminium scrap follows lower

March 08, 2019 / www.metalbulletin.com

European aluminium ingot is trading at its lowest level in three years, sparking a significant decline in scrap prices on Wednesday March 6. Fastmarkets assessed the price of aluminium scrap and foundry ingots LM24 gravity diecasting ingot in the United Kingdom at ?1,370-1,420 ($1,801-1,867) per tonne on Wednesday, down from ?1,380-1,440 per tonne the week before and at its lowest level sin...Read More

DAILY SCRAP REPORT: Mills continue scrap purchases, prices firm

March 08, 2019 / www.metalbulletin.com

Turkish steel producers continued to replenish low stock levels by booking more deep-sea scrap at firm prices, sources told Fastmarkets on Thursday March 7.A steel mill in the Marmara region booked a US cargo comprising 32,000 tonnes of HMS 1&2 (80:20) at $322 per tonne, 5,000 tonnes of shredded at $327 per tonne and 3,000 tonnes of bonus at $332 per tonne cfr.This was...Read More

McEwen Mining suspends cash distribution

March 07, 2019 / resourceworld.com

Drilling operations at McEwen Mining's Gold Bar Project in central Nevada. Source: McEwen Mining Inc.McEwen Mining Inc. [MUX-TSX, NYSE] said Thursday March 7 that it has elected to suspend the dividend distribution of one-half cent per share, an amount that would have been paid on March 15, 2019 to shareholders of record on March 8, 2019."We have been experiencing operating issues at our Black Fox...Read More

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