Newstrike Resources Ltd. (TSXV:HIP) is attempting to merge with CanniMed Therapeutics, which is being pursued by Aurora CannabisSmallCapPower | January 8, 2018: Newstrike Resources Ltd. (TSXV:HIP), a Canadian marijuana stock, climbed 40% to $1.51 on Friday after announcing that it has received approval from Health Canada to sell cannabis in dried marijuana form. The Company had received its cultiv...Read More
European antimony prices have started the year on a positive note with prices edging up slightly for both grades amid a tightening market.Metal Bulletin assessed MMTA standard grade II antimony in-warehouse Rotterdam prices at $8,000-8,350 per tonne on Friday January 5, stable from Wednesday's assessment when prices had increased from $7,950-8,300 per tonne.Trioxide grade antimony prices in-wareho...Read More
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China's silicon prices rose in Metal Bulletin's assessment last week despite limited trading activities in the spot market following the New Year holiday. China's grade 553 silicon metal, basis 98.5%, export price leapt to $1,880-1,950 per tonne on Friday January 5, up 4.4% from the previous assessment. Spot availability has been tightened since November when refineries in southern China clos...Read More
Turkish steel mills returned to the deep-sea scrap markets willing to pay higher prices on Monday January 8.Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) closed the day at $368.20 per tonne cfr, up by $6.58 per tonne.The daily index for US-origin scrap closed at $378.85 per tonne cfr. Up by $9.34 per tonne, putting the premium for US material...Read More
Turkish domestic scrap prices increased in line with rising imported scrap values on Monday January 8.The majority of Turkish steel producers raised their auto bundle (DKP grade) scrap purchasing prices over the past week.Alloy long steel mill Asil ??elik raised its buy price to TRY1,370 ($366) per tonne delivered, while long and flat steel producer ??olakoglu increased its price to TRY1,340...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Benton (TSXV: $BEX.V) Receives Permit for Airborne Survey on the GNP Gold Project, Newfoundland Thunder Bay, Ontario - January 8, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") would like to...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Metals Creek Resources Corp. (TSXV: $MEK.V) Receives Airborne EM/MAG Permit on Great Brehat Project, the Great Northern Peninsula, Newfoundland. Toronto, Ontario - January 8, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Metals Creek Resources Corp. (T...Read More
NFEx Markets' chief operating officer and its most senior director, Mark Bradley, has resigned from the board alongside non-executive director Jim Coupland, filings on the UK's Companies House show on Monday January 8.The over-the-counter base metals trading platform is due to start trading in the coming months.Bradley and Coupland will remain advisers to NFEx alongside former London Metal Exchang...Read More
Over 30,000 people had their electronic devices searched without probable cause or a warrant by Customs and Border Protection in 2017. This is a 50% increase from 2016.Most of the searches took place at airports when travelers were leaving the country. And 80% of those searched were not American citizens.I happen to think anyone on American soil deserves every protection under the Bill of Rights....Read More
Comex copper prices recovered from a one-week low amid consolidation on Monday January 8, while a stronger dollar is likely to cap the upside. Copper for March settlement on the Comex division of the New York Mercantile Exchange rose 1.25 cents or 0.4% to $3.2420 per lb. Last week, the contract hit the lowest point since December 22. "Prices could look to resume their upward...Read More
Onward Toward DefaultPeople are hard to please these days. Clients, customers, and cohorts - the whole lot. They're quick to point out your faults and flaws, even if they're guilty of the same derelictions. The age-old art of assigning blame - in this case complemented by firm knowledge of the proper way to prosperity (see lower right corner). Jack Lew not only sees the future with perfect cl...Read More
China's ferrous futures prices turned around to surge late in the afternoon on Monday, January 8 after the country's officials declared stricter steel capacity replacement criteria to be implemented from this year.The production facilities that will be allowed to have capacity replaced will only include those recorded in capacity replacement plans approved by local or central governments...Read More
China's steel futures saw losses during morning trading on Monday January 8, while raw materials contracts ticked up slightly.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,764 ($580) per tonne, down 6 yuan per tonne May hot-rolled coil: 3,806 yuan per tonne, down 6 yuan per tonne Dalian Commodity Exchange May iron ore: 542 yuan per tonne, up 3.50 yuan per tonneMay...Read More
CloseGain/LossGold $1320.00-$0.50Silver$17.12-$0.08XAU86.29-1.26%HUI194.89-1.64%GDM656.05-0.87%JSE Gold1319.12-3.59USD92.34+0.37Euro119.67-0.75Yen88.47+0.04Oil$61.73+$0.2910-Year2.479%+0.002T-Bond151.8125UNCHDow25283.00-0.05%Nasdaq7157.39+0.29%S&P2747.71+0.17% The Metals: Gold fell $5.70 to $1314.80 in Asia before it bounced back to $1321.00 in London and then drifted back lower in morning...Read More
This video discussion between Charles Hugh Smith and Gordon T Long is Part I of a three part series. The first part examines why 2018 is going to be the "Time For A Change". Thought there are many reasons the video focuses on four primary pillars with the aid of 26 supporting slides. http://gordontlong.com/ Read More
Time is more important than price. That's what we - investors - are often made to believe regarding the future price movement. And rightfully so. The price could reach a bottom several dollars ahead of the predicted price target or it could break through it, leaving investors wondering, if there was a breakdown and thus they should expect to see another big downswing shortly. With time, things a...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time...Read More
Source: Jack Chan for Streetwise Reports 01/08/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting a falling dollar is supportive for metal prices. -->Our proprietary cycle indicator is up.Gold sector is on a long-term buy signal.Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sect...Read More
By Frank HolmesStrengths? The best performing metal this week was platinum, up 4.3 percent as speculators cut their net bearish platinum positions. After being bullish for the previous three weeks, gold traders and analysts are neutral this week, according to a Bloomberg survey. However, the number of new investors for BullionVault hit the highest level since November 2016, accor...Read More