The Ulu Property ("Ulu") covers an area of 947 hectares, located approximately 523 kilometres ("km") north of Yellowknife NWT within the Kitikmeot Settlement Area of Nunavut.Blue Star Gold Corp. [BAU-TSXV] has assembled two high-grade gold exploration-stage prospects in Nunavut Territory, northern Canada. The claim package is approximately 530 km north-northeast of Yellowknife, capital of the Nort...Read More

Turkish steel producers remained silent in the scrap market for a third day on Thursday April 4, making no purchases of deep-sea cargoes while continuing to look for political clarity, sources told Fastmarkets.Mills continued to await official confirmation of the results of Turkey's countrywide mayoral elections, which were held on March 31.The main opposition Republican People's Party (CHP) has c...Read More

The Relief Canyon Mine crusher. Source: Americas Silver Corp.Sandstorm Gold Ltd. [SSL-TSX; SAND-NYSE American] said Thursday April 4 that it has acquired a 4% gold stream on Americas Silver Corp.'s [USA-TSX; USAS-NYSE American] Relief Canyon heap leach project in Nevada.The mine is expected to begin production by the end of 2019, delivering about 5.9 million ounces per year to Sandstorm for 5.5 ye...Read More

Gold futures finished near unchanged levels on Wednesday as reported progress in negotiations between the U.S. and China bolstered appetite for stocks and away from bullion, while the U.S. dollar softened. Gold for June delivery GCM9, +0.10% on Comex edged 10 cents, or less than 0.1%, lower to settle at $1,295.30 an ounce, while May silver SIK9, +0.17% picked up 4.1 cents, or 0.3%, to end at $1...Read More

Cobalt market participants have been keeping an eye out for potential non-industrial buying, such as stockpiling from China's State Reserve Bureau (SRB), since global metal prices slid to two-year lows at the beginning of this year.A spotlight has been cast on the Chinese bureau ever since it carried out extensive research into major Chinese producers' products and output in the first quarter of t...Read More

Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets' price assessment for standard-grade cobalt, in-warehouse, $ per lb Click here for Fastmarkets' price assessment for alloy-grade cobalt, in-warehouse, $ per lb In light...Read More

On Tuesday, iAnthus Capital (OTC: ITHUF), a multi-state cannabis operation, announced earnings.The company showed some pretty wide losses, and that exposed a lot of weak hands. The stock fell about 5% in early trading, and folks were emailing me about whether or not they should sell.My response?Only a fool would sell.Honestly, iAnthus is probably my number one pot stock for the year.It's one of th...Read More

Integra Resources Corp. (TSXV:ITR ; OTCQX:IRRZF) is a development-stage company, focused on advancing its DeLamar Project, consisting of the neighbouring DeLamar and Florida Mountain Gold and Silver Deposits, in the heart of the historic Owyhee County mining district, in south western Idaho. The first exploration program, in over 25 years, began on the DeLamar Project in 2018, with more than 23,00...Read More

* U.S. weekly jobless claims lowest since 1969 * Platinum hits highest since mid-June* SPDR gold holdings hit lowest since Dec. 17(Updates prices, adds comments and details)By Sumita LayekApril 4 (Reuters) - Gold prices dipped to a four-week low onThursday as the dollar firmed after robust weekly jobless datafrom the United States while investors awaited clarity on theprogress of U.S.-China trade...Read More

Have we reached peak housing pessimism in Canada? The word has been out on the street now for months that mortgage growth has slowed, giving investors plenty of opportunity to sell their financial stocks and head for other areas. But, has most of the bad news been factored into prices? The answer may be yes given some of the new additions to our April INK Top 40 (available for Canadian Insider Cl...Read More

Spanish crude steel production fell to 14.3 million tonnes in 2018, marginally down from 14.4 million tonnes in 2017, according to Unesid, the country's steel association.Domestic steel consumption in Spain rose by 12.6% year on year to 14.3 million tonnes in 2018."This significant rise [in consumption] was influenced by the better market conditions, but also by the notable rise in imports from th...Read More

Domestic prices for heavy steel plate in Southern Europe have been stable over the past week despite decline of slab prices and low demand, sources told Fastmarkets.Fastmarkets' weekly price assessment for domestic grade-S235JR heavy steel plate in Southern Europe was ?,?555-570 ($623-640) per tonne ex-works on April 3, unchanged over the week.The assessment reflects the deals and offers...Read More

Competition regulators in the European Union have rescheduled their decision in the creation of a 50:50 European flat-steel joint venture between ThyssenKrupp and Tata Steel Europe to June 5 this year, the European Commission (EC) said on April 1."[On Monday], ThyssenKrupp and Tata Steel submitted a comprehensive package of proposed solutions to the European Commission to obtain clearance for the...Read More

Prices for steel rebar in the United States were steady for the moment, but market sentiment has become more mixed on reports that seasonal spring demand had yet to be heard or to provide a widespread boost to marketplace activity.Fastmarkets' assessment of the price of US domestic rebar remained at $35.25-36.50 per hundredweight ($705-730 per short ton) fob mill on Wednesday April 3.At the same t...Read More

The Thursday Market Minute Global stocks mixed as reports of U.S.-China trade talk progress offset by dismal industrial data from German and concerns for a global manufacturing recession.President Donald Trump will meet with China Vice Premier Liu He later today at the White House amid multiple reports of an imminent deal, although economic adviser Larry Kudlow cautions "we're not there yet".Ger...Read More

Brazilian flat and long steel import volumes dropped year on year in March 2019, mainly due to reduced shipments from China, according to figures released this week by Brazil's foreign trade ministry, MDIC.Imports of flat steel products into the country declined by 5.05% year-on-year in March, to 121,515 tonnes, from 127,981 tonnes.China was the largest provider of flat steel to Brazil, with 93,91...Read More

Participants in the long steel market in the European Union were hoping for price stability through April after recent sluggish demand and cautious buying activity, sources within the sector told Fastmarkets this week."The Spanish market is weak in price terms but consumption is improving," one trader said. "European mills have been more aggressive [in terms of price] so there has not been much im...Read More

Turkish steel producers remained silent in the scrap market for a third day on Thursday April 4, making no purchases of deep-sea cargoes while continuing to look for political clarity, sources told Fastmarkets.Mills continued to await official confirmation of the results of Turkey's countrywide mayoral elections, which were held on March 31.The main opposition Republican People's Party (CHP) has c...Read More

Fortescue Metals Group (FMG) plans to ship its first cargo of the high-grade iron ore concentrate product from its Iron Bridge Magnetite Project in Western Australia by mid-2022.The project will be able to produce iron ore at a rate of 22 million wet metric tonnes (wmt) per year or 20 million dry metric tonnes (dmt) per year once it reaches full capacity within the 12 months to mid-2023, the miner...Read More

By: David Haggith"The Fed's surprise pivot away from any interest rate increases this year has boosted prices of stocks, high yield bonds and other risky assets in spite of nagging investor concerns about slowing global economic growth..... The quandary for the Fed is that easy monetary policy seems more effective in spurring asset values than it does in boosting prices of goods and services....Read More