The stock market has been rising relentlessly since Christmas, riding on a crest of increasingly bearish economic reports. Maybe the hedge fund algos are anticipating that the Fed will soon start cutting rates. Data indicates foreigners and retail investors are pulling cash from U.S. stocks. This for me implies that the market is being pushed higher by hedge fund computer algos reacting to any bul...Read More

(Updates with closing prices)By Peter HobsonLONDON, April 3 (Reuters) - Prices of copper and otherindustrial metals rose on Wednesday as strong Chinesemanufacturing data and reports of progress in U.S.-China tradetalks bolstered the demand outlook.Copper also reflected indigenous leaders in Peru rejectingtalks with the government to end disruption at a major mine.Benchmark copper on the London Met...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce that it has completed integration of its Venzee Mesh API content distribution platform with one of its five previously announced Product Information Management (PIM) channel partners and has commenced onboarding manufacturers and distributors of the channel partner.This well-established P...Read More

He decided his best recourse would be to wind down its activities and return the funds under management to its investors.Read More

However RBC analyst Tyler Broda noted Vale's ability to draw down on stockpiles and tipped the Brazil-based miner would ship more tonnes into the seaborne market this year than in 2018, also pointing to the iron ore price easing. The benchmark 62% fines iron ore price is returning towards a record high due to recently-announced supply constraints, rising above US$90/t again yesterday to $90.1...Read More

Codelco stated SNC-Lavalin failed to meet its commitments under a $260 million contract including quality issues and delays in subcontractor payments and project execution.The news follows earlier profit warnings issued by the Montreal-based company related to aa engineering, procurement and construction contracts with the world's largest copper producer to replace the Chuquicamata copper smelter...Read More

Local manager Mark Majzner remains focused on turning what he says are many high-level mining engagements into dollars - the company claims to have achieved 140% quarter-on-quarter growth for the pastRead More

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Bitcoin's sharp rally on Tuesday was being described by some as a 'mystery surge', but it is no mystery at all for anyone who has seen the film Night of the Living Dead. Buffs may recall that the movie's flesh-eating zombies were activated by radioactive contamination from an exploding space probe that had visited Venus. Although no similar explosion has been reported by NASA, it seems entirely...Read More

It said the underground fire was discovered during shift change, about 6pm (EDT) on Friday night, and no one was in the mine at the time at the time."Due to the nature of the fire, the mine must be cleared of gases before repair work commences or mine operations can be restarted," the company said."It is too early to determine the source of the fire or the impact on underground operations."It said...Read More

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

Turkish steel producers continued to stay away from the deep-sea scrap markets due to domestic political instability and weak demand for finished steel, sources said on Wednesday April 3.The lowest offer for HMS 1&2 (80:20) was heard at $315 per tonne cfr from a Baltic Sea supplier but the mills did not want to pay any higher than $305 per tonne, Fastmarkets was told.The mills were also waiting fo...Read More

Gold futures finished slightly higher Tuesday a day after coming under pressure following a round of upbeat data on manufacturing activity out of China and the U.S. that sparked a rally in stocks and other assets perceived as risky and robbed haven assets of their appeal. Gold for June delivery GCM9, +0.05% on Comex picked up $1.20, or less than 0.1%, to settle at $1,295.40 an ounce, while May si...Read More

Kirk WoodmanThe Islamic State in Iraq and Syria (ISIS) claims to have kidnapped and killed Canadian geologist Kirk Woodman while he was working in Burkina Faso, West Africa, according to published reports.Woodman's body was found on January 16, 2019, two days after his abduction by a dozen gunmen at a mining site operated by privately owned Vancouver company Progress Minerals.A report by Reuters n...Read More

The Wednesday Market Minute Global stocks hit a six-month high as stronger China data, as well a potential Brexit breakthrough, boosts investor sentiment.U.K. Prime Minister Theresa May will ask for a second Brexit extension as she vows to reach across the aisle to cut a non-partisan agreement that would avoid a damaging no deal Brexit for the world's fifth largest economy.Brent crude prices tes...Read More

The First Cobalt Refinery near the town of Cobalt, northeastern Ontario. Source: First Cobalt Corp.First Cobalt Corp. [FCC-TSXV; FTSSF-OTCQB; FCC-ASX) shares rallied sharply Wednesday April 3 after the company said it has successfully produced a battery grade cobalt suflate.The company said it achieved this result by using the First Cobalt Refinery flowsheet, a milestone that brings the company cl...Read More

Alamos Gold's 100%-owned Mulatos gold mine located 220 km east of Hermosillo, Sonora State, Mexico. Source: Alamos Gold Inc.Alamos Gold Inc. [AGI-TSX, NYSE] said Wednesday April 3 that its Mulatos Mine in Mexico produced its two millionth ounce of gold in March 2019. This milestone marks the end of the 5% net smelter royalty, representing a saving of approximately $65 per ounce at the current gold...Read More

Three-month base metals prices on the London Metal Exchange were firmer during morning trading on Wednesday April 2, up by an average of 0.4% - further evidence of a recovery in China's economy seems to be providing support.Nickel once again led the way with a 0.7% rise on Wednesday, with the metal's three-month price recently quoted at $13,255 per tonne, up from Tuesday's close at $13,165 per ton...Read More

Ontario's government is working for the people by supporting tourism in the Thunder Bay region with an investment in six projects, creating 18 new full- and part-time jobs.Today, Greg Rickford, Minister of Energy, Northern Development and Mines, announced an investment of more than $1 million. Projects include: $456,000 for SailSuperior.com Yacht Charter Adventures, a harbour tour operator in Thu...Read More

* SPDR Gold holdings fall to lowest since March 8 * Silver off 3-month lows hit on Tuesday * GRAPHIC-2019 asset returns: (Updates prices)By Sumita LayekApril 3 (Reuters) - Gold steadied on Wednesday, supported bya dip in the dollar, while gains were capped by a rally inglobal stocks following reassuring economic data from the UnitedStates and China and optimism the two countries would strike atrad...Read More