Popular News

FOMC Statement:Reading Between The Lines

March 20, 2019 / investmentresearchdynamics.com

"No more rate hikes period...rate cuts to begin sometime this spring...tapering the balance sheet taper starting in May...QT ends in September even though our balance sheet has only been reduced by roughly 10% of the amount of money we printed...Quantitative Easing aka "money printing" to resume in October...our hidden dot plot shows that you should buy as much physical gold as you can afford an...Read More

Part of Hydro's rolling, extrusion ops to restart after cyber attack

March 21, 2019 / www.metalbulletin.com

Norsk Hydro will restart certain rolling and extrusion operations to allow for continued deliveries to customers, a day after a cyber attack caused temporary halts on its operations, chief financial officer Eivind Kallevik said in a press release on Wednesday March 20.In an earlier press release on Tuesday, Kallevik said every unit was isolated from the company's global network to prevent the atta...Read More

Fed holds line on rates, says no more hikes ahead this year

March 20, 2019 / www.cnbc.com

The Fed indicates that no more rate hikes will be coming this year.The announcement comes three months after the central bank said two hikes would be appropriate in 2019.The central bank also says it will complete its balance sheet roll-off program at the end of the September.The Fed also reduced expectations in GDP growth and inflation and a bump higher in the unemployment rate outlook.As expecte...Read More

Kinross Gold backs polymetallic play

March 20, 2019 / www.mining-journal.com

Under a C$2.5 million (US$1.9 million) subscription agreement announced yesterday, Kinross will acquire 12.5 million shares in Wolfden at C20c each. Wolfden released an indicated 2.Read More

Peekaboo Beans Opens Flagship Store in Greater Vancouver Area

March 20, 2019 / kincommunications.com

Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce the Company is opening a permanent location in Tsawwassen Mills following the successful course of Peekaboo Beans' trial pop-up shops across the country. The store is now open in the updated location within the mall, which is conveniently located in the busy 'kid zone'. Th...Read More

IsoEnergy Continues to Intersect Strong Pitchblende Uranium Mineralization in Step-out Drilling Confirming over 150 m of Strike Extent at the Hurricane Discovery

March 20, 2019 / kincommunications.com

is pleased to announce that the final drill holes in the winter drilling campaign have intersected intervals of strong radioactivity associated with pitchblende uranium mineralization at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium on the Company's 100% owned Larocque East Property in the eastern Athabasca basin region of Saskatchewan (Figure 1), home to the worl...Read More

MINOR METALS MARKET REPORT 20/03: Antimony prices edge down; gallium close to bottoming out

March 21, 2019 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.Read More

Precious Metals Update Video: Market can turn bearish if not careful..

March 20, 2019 / news.goldseek.com

By: IRA EPSTEINFOMC today - Fed dot plot will be a focus. Gold stocks need to be careful here, can turn bearish..Copper options at an all-time record:Read More

Gold: Central Bank Sentiment Is Rock Solid

March 20, 2019 / news.goldseek.com

By: Stewart Thomson, Graceland Updates 1. The next US central bank announcement is tomorrow, and whatever happens is win-win for gold.2. If the Fed surprises most analysts and hikes rates, the stock market probably crashes, and gold stocks rally strongly. 3. If the Fed does nothing and makes another statement that QT could end this year, the stock market likely rallies a bit and...Read More

A Perfect Storm to Titillate Permabears?

March 20, 2019 / news.goldseek.com

If you've been waiting for Mr. Market to spring the Mother of All Bull Traps, check out today's chart. What a beauty this picture will be if Monday's sharp reversal turns out to be the start of The Big One. Granted, odds of getting the timing of so important a peak exactly right will always be against technical swamis. But the chart has enough going for it that permabears could be forgiven for...Read More

TITANIUM SNAPSHOT: Ferro-titanium market rides rally, more to come

March 21, 2019 / www.metalbulletin.com

Key data from the Wednesday March 20 pricing session in Europe.Key driversThe European ferro-titanium market has hit a five-month high in the past week, with the rally showing no signs of abating while suppliers struggle to keep up with demand. There is renewed consumer demand for prompt shipment and buying inquiries for second-quarter deliveries. The run-up in prices is set to persist, with $6 pe...Read More

TITANIUM SNAPSHOT: Ferro-titanium market rides rally, more to come

March 21, 2019 / www.metalbulletin.com

Key data from the Wednesday March 20 pricing session in Europe.Key driversThe European ferro-titanium market has hit a five-month high in the past week, with the rally showing no signs of abating while suppliers struggle to keep up with demand. There is renewed consumer demand for prompt shipment and buying inquiries for second-quarter deliveries. The run-up in prices is set to persist, with $6 pe...Read More

DAILY SCRAP REPORT: Weak rebar demand, firm prices keep mills out of market

March 21, 2019 / www.metalbulletin.com

Turkish steel producers have continued to stay back from the deep-sea scrap markets due to sluggish demand for finished steel and the firmness of the offers from scrap merchants, sources said on Wednesday March 20.Offers for HMS 1&2 (80:20) grade material from the United States remained at $330 per tonne cfr, but mills were not willing to pay such high prices, Fastmarkets was told.Besides, the wea...Read More

Gold ends higher as traders expect Fed to maintain dovish stance

March 19, 2019 / www.marketwatch.com

Gold futures ended higher Tuesday, finishing above $1,300 an ounce for a third straight session, as traders looked to a two-day Federal Reserve meeting that's expected to see policy makers maintain a dovish stance. April gold GCJ9, +1.07% on Comex rose $5, or 0.4%, to settle at $1,306.50 an ounce-the highest finish for a most-active contract since the month-to-date high on March 13. May silver SIK...Read More

Azincourt set for Saskatchewan uranium drilling

March 20, 2019 / resourceworld.com

The uranium-rich Athabasca Basin of northern Saskatchewan. Source: Azincourt Energy Corp.Azincourt Energy Corp. [AAZ-TSXV; AZURF-OTC], said Wednesday March 20 that it has launched a Phase one drilling program at its East Preston uranium project in the western Athabasca Basin of northern Saskatchewan.Azincourt is currently earning towards a 70% interest in the 25,000-hectare Eastern portion of the...Read More

METALS-Zinc climbs as stocks diminish

March 20, 2019 / www.kitco.com

* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, March 20 (Reuters) - Zinc prices rose on Wednesdayas inventories in London Metal Exchange warehouses hit freshlows, but other industrial metals dipped on uncertainty overglobal demand.Low inventories of many metals in LME-registered warehousesare helping to bolster prices despite weak economic data fromtop metals cons...Read More

Iamgold to cut Quebec mine workforce by 32%

March 20, 2019 / resourceworld.com

IAMGOLD'S Westwood gold mine 40 km east of Rouyn-Noranda, Quebec. Source: IAMGOLD Corp.IAMGOLD Corp. [IMG-TSX; IAG-NYSE] said Wednesday March 20 that the workforce at its Westwood Gold Mine in Quebec will be reduced by 32%, through a process which commenced this week.The decision results from both planned reductions due to the stage of mine development as well as realignment reductions due to the...Read More

Core Gold explains departure of CEO

March 20, 2019 / resourceworld.com

Core Gold's Portovelo CIP processing plant in Ecuador. Source: Core Gold Inc.Core Gold Inc. [CGLD-TSVV; CGLDF-OTCQX] has clarified the circumstances surrounding the recent termination of its former President and CEO Keith Piggott, for cause. The company said in press release it was issuing the clarification in response to stakeholder inquiries.Core said Piggott was initially put on notice by the c...Read More

METALS MORNING VIEW 20/03: Aluminium prices edge up, others tread water anticipating direction

March 21, 2019 / www.metalbulletin.com

Three-month base metals prices on the London Metal Exchange were for the most part firmer this morning, Wednesday March 20.The exceptions were copper and tin prices that were both down by 0.1%, with copper at $6,454 per tonne, compared with $6,459 per tonne at Tuesday's close. The rest were up by between 0.2% for aluminium and 0.6% for both zinc and lead. Volume was average, with 6,563 lots traded...Read More

Neometals completes Mount Marion lithium mine divestment

March 21, 2019 / www.metalbulletin.com

Australian lithium miner Neometals on Monday March 18 completed the sale of its 13.8% equity interest in the Mount Marion lithium project in Western Australia to co-shareholders Ganfeng Lithium and Mineral Resources Ltd.Ganfeng and Mineral Resources now each own a 50% stake in the project, after paying A$103.8 million ($73.66 million) for Neometals' equity interest.The agreement includes a binding...Read More

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