Copper's three-month price on the London Metal Exchange was up by more than 1% during morning trading on Thursday March 21, trading back above $6,500 per tonne amid weakness in the dollar index after the US Federal Reserve pledged to hold interest rates for the remainder of the year. With copper volumes leading the complex at just under 7,000 lots traded by 9:38am London time, buying interest in t...Read More
Three-month base metals prices on the London Metal Exchange were mixed this morning, Thursday March 21, while the market digested the messages from last night's US Federal Open Market Committee (FOMC) meeting.The FOMC proved to be even more dovish than was previously expected, which is a double edge sword as on the one hand it makes for more favorable conditions for businesses, but on the other th...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Initial Jobless Claims was 225,000, down from upwardly revised 230,000 last week. Actual was 221,000. Consensus for March Philly Fed Index was an increase to 5.0 versus a drop...Read More
The price of cobalt metal in the Chinese domestic market continued to fall in the mid-week assessment on Wednesday March 20 amid persistent weakness in the international benchmark price, which more than offset an uptick in spot trading activity.Fastmarkets assessed the price of cobalt metal, min 99.8%, in China's domestic market at 255,000-290,000 yuan ($38,039-43,261) per tonne on March 20, widen...Read More
Domestic stainless steel prices in China narrowed downward slightly over the past week on rising inventories, though the market is not expected to weaken much further.Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,000 yuan ($2,193-2,238) per tonne including value-added tax for the week ended Wednesday March 20, down...Read More
"I haven't started my retirement nest egg yet, and I'm worried about not having enough. How do I get started? Please help!"I've already gotten hundreds of replies from Monday's survey.And as they keep rolling in, I can't help but notice many of you facing the same questions about retirement.By far, the number one question I've received is about investing for retirement.Over the years, I've had cou...Read More
The days of the 40-year career with the same company are gone. The gold watch is gone. And in most cases, the company pension is gone too, or it's been replaced by a self-managed IRA or 401(k) plan. The first thing you need to know about retirement today is it's entirely your responsibility. Here are seven ways retirement has changed in the last 25 years and what you can do about it. 1. Inheritanc...Read More
As time passes, the newer generations lack any understanding of gold standards or even the events of 1971. There are many people who judge the future of gold based upon their belief that it is money. However, like religion, human society is fragmented and certainly neither of one faith nor one political party. While there are YouTube videos showing people preferred a chocolate bar to a bar of s...Read More
Well that didn’t take long!Just two weeks ago I wrote to you saying I believed Oaktree Capital Group (OAK) presented a great buying opportunity as a “hedge” against future stock market volatility.My plan was that Oaktree - with its near 7 percent dividend yield - would be a stock that could be held for the long term. Instead, just one week later Oaktree announced that it was bein...Read More
Fastmarkets will discontinue the publication of all VDM German base metal scrap prices, which are syndicated through Metalbulletin.com, Fastmarkets MyDesk, Scrap Price Bulletin and AMM.com. The prices will no longer be updated as of Friday March 22, 2019. The affected prices are as follows: Aluminium Alloy DIN 226 ingots Germany ?,? per 1,000kg (VDM) Aluminium Alloy DIN 231 ingots Germany ?,? per...Read More
A new hole, drilled 150 metres east of recent discovery holes at Eastmain Resources' (TSX: ER) Percival target in James Bay, Que., shows identical rock type and style of mineralization, with a 74.5-metre intercept grading 0.97 gram gold per tonne.The initial discovery holes at Percival in November measure 78.5 metres, with 1.46 grams gold per tonne starting 16.5 metres downhole (hole ER18-822), an...Read More
Medgold Resources (TSXV: MED; US-OTC: MGLDF) will drill 5,000 metres at its Tlamino gold project in southern Serbia in 2019, fully funded by Fortuna Silver Mines (TSX: FVI).Fortuna can earn a 51% interest in the project by spending US$3 million on exploration over three years. It can increase its interest to 70% by spending US$5 million and completing a preliminary economic assessment over an addi...Read More
Alkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resources"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroftHeadline returns for the mining sector over the past eig...Read More
Alkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resources"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroftBenchmark Mineral Intelligence China analyst Albert Li m...Read More
"In this week's cover story @alex_hamer looks at why #copper is not acting like a sector racing towards years of undersupply ($) | https://t.co/BwpDUXfnWl #EV #electrification"Read full newsRead More
Volkswagen and Swedish battery maker Northvolt and other companies as well as sc...Read full newsRead More
The words "dire" and "critical levels" were used to sum up the increasing shortage of nickel at this week's Lithium & Battery Metals Conference in Perth. This is great news for producers and emerging producers because that means prices will take off. And electric vehicles and power storage are going to come to the rescue ...Read full newsRead More
South Korea is one of the world's key component suppliers in the tech sector and the continued slowdown in the expansion of semiconductor exports deepens concerns about the outlook for the global technology industry.Read full newsRead More
On March 20, Canopy Growth announced that it had entered into a multiyear extraction and processing agreement with HollyWeed North Cannabis.Read full newsRead More
"ProMIS (@ProMISinc) (#TSX: $PMN | #OTCQB: $ARFXF) Aducanumab Failure: Selectivity for the Toxic Oligomer is Essential to Treating Root Cause of Alzheimer's Disease [https://t.co/WF6oer7j6P]#investing #stocks #stockmarket #trading #investors #news #business #investments #biotech"Read full newsRead More