U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade.Nike (NKE $87.82) is expected to open higher after JP Morgan raised its target price to $90 from $85.Becton Dickenson (BDX $244.67) is expected to open lower after Raymond James lowered its target price to $280 from $290.Styker (SYK $193.58) is expected to open higher after JP Morgan rais...Read More
Nickel prices climbed 1.17% on the Shanghai Futures Exchange during morning trading on Tuesday March 19 amid a weaker US dollar and a rise in iron ore prices after a court ordered Brazilian mining company Vale to halt to production at its Timbopeba mine in Brazil. The most-traded May nickel contract on the SHFE stood at 101,230 yuan, up 1,170 yuan per tonne from Monday's close, tracking an increas...Read More
Three-month base metals prices on the London Metal Exchange were for the most part firmer this morning, Tuesday March 19, the exceptions were lead and tin that were little changed, while the rest were up by an average of 0.5%, with copper prices up by 0.4% at $6,462 per tonne, compared with $6,433 per tonne at Mondays close. Volume was average, with 6,236 lots traded on LME Select as at...Read More
High-grade manganese ore producers returned to the market with higher offer prices in the week ended Friday March 15, while low grade prices held steady; In Europe, alloy prices rose on the news of load shedding in South Africa and the resultant pressure on production. 44% manganese ore price rose after producers raise offers.37% prices stable in balanced market.Indian silico-manganese prices ris...Read More
My Dad had to put himself through college. To pay his own way, he worked a number of jobs while taking classes and studying. And to save money and time, he ate the vast majority of his meals at "greasy spoon" diners. So by the time I was born he had gained a college diploma... a solid job... and also more than a hundred pounds of extra weight. One day, when I was in elementary school, Dad decided...Read More
I try to avoid partisan politics in my analysis. And I never try to tell people how to vote or what they should think. I trust my readers to make their own judgments. But sometimes I can't avoid partisan politics because they can have a major impact on markets and the economy.Leading Democratic presidential hopefuls Elizabeth Warren, Kamala Harris and Bernie Sanders have expressed desires to incre...Read More
The expectation for higher tender prices for ferro-chrome in April supported the prices for ore in China and for alloy in Japan and South Korea, Fastmarkets heard on Monday March 18. UG2 and Turkish lumpy ore prices riseDomestic alloy price climbs in ChinaAlloy prices in Europe, Japan, South Korea increaseImported alloy prices stable in US, China. Prices for chrome ore imported into China and in C...Read More
The Young Mining Professionals (YMP) - a non-profit group with chapters in Vancouver, Toronto, Montreal, Sudbury, Perth, Brisbane, Johannesburg and London - held its third annual YMP Awards gala in Toronto in early March, with Mining Professional of the Year awards for 2018 handed out to Andr?(C)e St-Germain, chief financial officer of Integra Resources and Jos?(C) Vizquerra, executive vice-presid...Read More
Kinross Gold (TSX: K; NYSE: KGC) has acquired 12.5 million shares at 20 ? each of Wolfden Resources (TSXV: WLF) for a $2.5 million investment that adds up to a 9.7% stake in the junior exploration company.The two companies will form a committee to explore Wolfden's 100%-owned Pickett Mountain volcanogenic massive sulphide (VMS) deposit in northeastern Maine.Wolfden describes Pickett Mountain as on...Read More
Equinox Gold (TSXV: EQX; US-OTC: EQXFF) has boosted resources at its Aurizona gold mine in northeastern California and reserves and resources at its Mesquite gold mine in California. Since the end of 2017, the company has increased its reserves 470% to 5.5 million oz. gold.The company updated Aurizona's resource with 13,635 metres of infill and step out drilling on the western end of the Piaba dep...Read More
Almaden Minerals' (TSX: AMM) stock jumped over 5% on Tuesday, following the release of its 2019 report on corporate social responsibility, which described the community-related activities the company has been engaged for over 15 years at the Ixtaca precious metals project in Puebla State, Mexico.Since first arriving at Ixtaca in 2001, Almaden has worked transparently to interact in a culturally a...Read More
Chilean miner Antofagasta Plc. (LON: ANTO) expects the anticipated global copper deficit to hit between 100,000 and 300,000 tonnes this year as consumption growth remains positive, but production increases are minimal.Releasing the company's annual results, chief executive Iv??n Arriagada also revealed that the first phase of a planned expansion at its flagship Los Pelambres copper mine had been a...Read More
Montreal-based Beauce Gold Fields (CVE: BGF) has told investors that it is presently conducting a high resolution mobile electromagnetic (TDEM) survey using a new Russian technology. The survey is examining the Rang St-Gustave Road in St-Simon-les-Mines, located in the Beauce region of southern Quebec.The new technology measures electrical chargeability (induced polarization) and electrical conduc...Read More
Ecuador has tethered its economic fortunes to a burgeoning mining industry. Now it just needs to get bureaucrats and community leaders on board.Local opposition and red tape are hindering plans to become a mining superpower that can rival other South American nations. Less than two years ago the government hoped mining would become 4 percent of Ecuador's gross domestic product by the end of Presid...Read More
"Bought shares of @LargoResources1 today at $2.13. Oversold profitable Vanadium producer. Do your own DD. $LGO.V #miningstocks"Read full newsRead More
Testing the high-grade Vertigo, GS West, Ryan's Surprise discoveries high on the priority listRead full newsRead More
"#ASX-lister New Age Exploration is quitting the Redmoor project tin-tungsten project in #Cornwall by selling its share to JV partner Strategic Minerals ($) | https://t.co/L5vZnPjsXn"Read full newsRead More
Palladium soared to a new record high over $1600 an ounce overnight, up 27% year-to-date, as global supply concerns dominate slumping-auto-demand fears.Read full newsRead More
"Tembo Gold (@TemboGold) (#TSXV: $TEM | OTCQB: $TBGPF) Tanzania/Barrick Gold Settlement Opens Up BIG Opportunities [https://t.co/gCJapTXdDW]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #investment #resources #PDAC2019 #gold"Read full newsRead More
"Black Tusk (@tusk_inc) (#CSE: $TUSK) Begins Data Compilation and Project Planning for the Cluster Project in Quebec [https://t.co/i0tTA6nZLB]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #investment #resources #PDAC2019 #gold"Read full newsRead More