Chinese battery materials producers, who are the largest consumers of cobalt sulfate and cobalt tetroxide, have hesitated in purchasing any cobalt salts this week amid rapid falling international cobalt metal prices.The resulting thin buying appetites have forced suppliers to lower their spot offer prices to facilitate sales. Fastmarkets assessed the Chinese cobalt sulfate, basis 20.5% Co market p...Read More

Rio yesterday announced a record US$13.5 billion in returns to shareholders in its 2018 results, and finally confirmed its much-speculated Winu copper find in Western Australia's north.Among the acquisitive gold majors, Newmont Mining (NYSE: NEM) closed lower again in New York yesterday, down 2.66%.The company is in the sights of big game player Mark Bristow's Barrick Gold (TSX: ABX), which lost a...Read More

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB. Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% min, China ex-works, adjustment to the low-grade cobalt low-end price at Co 20.5% basis is on a $ per lb basis.Fastmarkets MB prices Click here for Fastmarket MB's price assessment for coba...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy"), is pleased to announce that drill hole LE19-06 assayed 4.0 metres of 3.8% U3O8, including 0.5 metres @ 13.7% U3O8. LE19-06 was collared 30 metres to the east of drill hole LE18-01A, the original discovery drill hole which returned 8.5 metres @ 1.3% U3O8 including 2.5m @ 3.6% U3O8.LE19-09, a 30 metre step o...Read More

Turkish deep-sea scrap prices showed a very slight decrease with the news of a fresh US cargo heard on Thursday February 28.A steel mill in the Izmir region booked a US cargo, comprising 10,000 tonnes of HMS 1&2 (80:20) at $313 per tonne, 10,000 tonnes of shredded at $318 per tonne...Read More

Chris Waltzek talks to Dr. Burton Malkiel, author of the investing classic, A Random Walk Down Wall Street Read More

By Avi GilburtThis is probably one of the biggest conundrums investors face in financial markets today. A major report may come out with a very positive bias, yet the market will move in the opposite direction. How many times have you seen this happen?Well, if you have any experience in the financial markets, then it has likely happened to you many times. But, most people simply shrug it off...Read More

The live feed from Hanoi has been riveting. Trump and Kim appear to be getting along well. The President pats his counterpart on the back, the dictator smiles. They share a laugh as they walk through a garden. Kim's haircut looks oddly flattering. Everything seems to be going so nicely that one could almost forget that he has at times acted like a madman. As for Trump, he is his usual self, bu...Read More

The Comex copper price was lower in the US morning on Thursday February 28 after soft Chinese manufacturing data dampened sentiment for the metal. The copper price for March settlement on the Comex division of the New York Mercantile Exchange inched down 0.45 cents to $2.9580 per lb. Overnight, China's manufacturing and non-manufacturing PMIs for February both disappointed at 49.2 and 54.3 respect...Read More

A drop in China's manufacturing purchasing managers' index (PMI) to 49.2 in February, from 49.5 in January, has set a weaker tone across markets with base metals traded on the London Metal Exchange mostly lower and down by an average of 0.3% in the morning of Thursday February 28. Copper and zinc prices led on the downside with losses of 0.7%, with copper recently quoted at $6,473 per tonne after...Read More

Skeena Eskay Creek. Source: Skeena Resources LimitedSkeena Resources Limited [TSX.V: SKE, OTCQX: SKREF] ("Skeena" or the "Company") is pleased to announce an updated Mineral Resource Estimate (MRE), for the Eskay Creek Project ("Eskay Creek"), which has been reviewed and validated by SRK Consulting (Canada) Inc ("SRK"). The updated 2019 MRE has a larger component of pit constrained resources tha...Read More

Visible gold in a surface sample from the Machiche area of Cabral Gold's Cuiu Cuiu Project, northern Brazil. Source: Cabral Gold Inc.Cabral Gold Inc. [CBR-TSXV; CBGZF-OTC] said Thursday February 28 that it has discovered a new high-grade gold system at its 100%-owned Cuiu Cuiu Project, in Para State, northern Brazil.Cabral shares rallied strongly on the news, rising 24.4% or $0.055 to 28 cents. Th...Read More

Exploring the Tinka Resources Ayawilca zinc and tin project in Peru. Source: Tinka Resources Ltd.Tinka Resources Ltd. [TK-TSXV, Lima; TKRFF-OTC; TLD-FSE] said Thursday February 28 that it is set to launch a 10,000-metre drill program at its 100%-owned Ayawilca zinc and tin deposits in Peru. Drilling is expected to start in April, 2019.The move comes after Tinka recently announced an updated minera...Read More

Feb 27, 2019 Guest(s): Rob McEwen Mining mogul Rob McEwen said that more consolidation on the mega-cap level without premiums would ultimately mean shareholders benefit in the long-term. "Over the last five years, you've heard a growing voice from shareholders saying 'hey, look after our interests first.' And by going in and doing an at-market or discount to market where you can see real synerg...Read More

Here are five Fastmarkets MB stories you might have missed on Thursday February 28 that are worth another look.Hong Kong Exchanges and Clearing, owner of the London Metal Exchange, filed its 2018 earnings this week, reporting record LME volumes amid a 26% climb in profit after tax, while its forward-looking strategy earmarks asset diversification in its aim to become a global market leader.Th...Read More

Drilling operations at the Victory Metals Iron Point Vanadium Project near Winnemucca, Nevada. Source: Victory Metals Inc.Victory Metals Inc. [VMX-TSXV] said Thursday February 28 that it is pleased with results of a maiden drilling program at its Iron Point Vanadium Project near Winnemucca, Nevada.The company has released assays from the first eight reverse circulation holes that are the initial p...Read More

Chinese battery materials producers, who are the largest consumers of cobalt sulfate and cobalt tetroxide, have hesitated in purchasing any cobalt salts this week amid rapid falling international cobalt metal prices.The resulting thin buying appetites have forced suppliers to lower their spot offer prices to facilitate sales. Fastmarkets assessed the Chinese cobalt sulfate, basis 20.5% Co market p...Read More

Gold prices on Wednesday finished lower for a third consecutive session, giving up its month-to-date gain, even as uncertainty hung over financial markets, putting pressure on stocks. "Gold has lost a bit of its allure over the last week, which may be indicative of a trade that's become a little overcrowded and prone for correction," said Craig Erlam, senior market analyst at Oanda, in a daily not...Read More

China's hot-rolled coil exporters kept their prices steady on Thursday February 28 although trading has been thinner this week, amid slight movements in the domestic market.DomesticEastern China (Shanghai): 3,810-3,840 yuan ($570-574) per tonne, up 10 yuan per tonneNorthern China (Tianjin): 3,740-3,760 yuan per tonne, widening downward by 10 yuan per tonneIn Shanghai, HRC was sold around 3,810-3,8...Read More

We decided to share a joint on our way to a meeting with a group of some very wealthy investors.It was me, a lawyer friend of mine, and a representative from a cannabis company that's gearing up for a huge windfall once the state of New York legalizes the recreational use of cannabis.On our walk, we passed by a number of police officers who didn't even bat an eye. But this doesn't mean all of law...Read More