SHANGHAI, Mar 7 (SMM) – This is a roundup of global macro-economic news last night and what is expected today.Last nightMarkets were rattled following the resignation of White House economic advisor Gary Cohn. The US dollar declined and hovered at 89.4.Base metals saw mixed trading. SHFE tin edged down while nickel rose over 1%. LME nickel jumped close to 2%, copper rose almost 1% while...Read More
SHANGHAI, Mar 7 (SMM) – China’s banking regulator plans to cut the amount of funds that banks are required to set aside to cover loan losses in a bid to provide more liquidity to the market.In a circular released by China Banking Regulatory Commission (CBRC) last week, commercial banks are required to reduce the provision coverage ratio to 120-150% and loan provision ratio to 1.5-2.5%...Read More
SHANGHAI, Mar 7 (SMM) –Copper: The support at the 40-day moving average, or 52,000 yuan/mt, remained for SHFE copper, while destocking in China helped the bullish sentiment somewhat. We expect copper prices to go up further with SHFE 1805 at 52,500-53,000 yuan/mt today and LME copper at $6,960-7,020/mt. Spot discounts are expected to be smaller as sellers continued to hold on to their cargoe...Read More
President Trump will receive a report on April 12,that could reveal the state of the American Life http://www.paulbegleyprophecy.com also Help Us Spread the Word https://www.paypal.com/cgi-bin/webscr... also http://bit.ly/2jM8PyH also https://crusaderjournal.com/2017/03/0... also http://moneywise411.com/rancher-warns... also The Picture by http://www.pixabay.comRead More
In this portion of our speculator's roundtable, we discuss how everyone thought Trump meant gold exploding to the upside, and how they (we) were all wrong.We also talk about what gives us condition to buy a certain stock or commodity - is it the story, supply and demand, supply destruction, or our own expertise in the mining sector?Follow me on:https://twitter.com/TheNextBigRushhttps://www.faceboo...Read More
Yes, MOD Resources MIGHT have the next, great copper project out there! The Botswana focused junior is my #1, 'advanced' copper pick in the mining world right now. This video provides many resources for further research by you (links below), and makes a special note on why MOD is a very interesting comparison to Robert Friedland's incredible Kamoa-Kakula Project in the Democratic Republic of Congo...Read More
Oh the irony of the former CIA and NSA Director Michael Hayden lamenting that we live in a “post fact world.” The media just isn’t telling the truth anymore. The CIA will set us straight.But what does Hayden have to compare modern journalism to? He is probably just angry at all the media outlets that don’t work directly for the CIA.It is a known fact that the CIA payed thou...Read More
Oh the irony of the former CIA and NSA Director Michael Hayden lamenting that we live in a “post fact world.” The media just isn’t telling the truth anymore. The CIA will set us straight.But what does Hayden have to compare modern journalism to? He is probably just angry at all the media outlets that don’t work directly for the CIA.It is a known fact that the CIA payed thou...Read More
http://www.learncurrencytradingonline...Read More
With 2016 being a year of rock bottom-of-cycle prices, many expected it to also be a good year for mining mergers and acquisitions (M&A).But while the number of deals made last year increased by a third from the year prior, to 477 deals in 2016, it's the low value of the M&A that stands out in EY's latest report, "Mergers, acquisitions and capital raisings in mining and metals - 2016 trends, 2017...Read More
In a case that appears to turn the logic of citizen actions against mine owners on its head, a group of Minnesota residents is suing the state and the Governor over a decision to revoke mineral leases.While disgruntled residents opposed to mines usually go to court to try to stop the mine, the legal case in the Midwestern state centres around whether the state government and Minnesota Gov. Mark...Read More
The head of China's second-largest copper refiner is sounding a bearish note on the red metal, even as the country is targetting higher economic growth.Interviewed by Bloomberg on Sunday, Jiangxi Copper Co. Chairman Li Baomin predicted copper will average 45,000 (US$6,524) to 46,000 (US$6,673) Chinese yuan per ton in 2017, down from an average 47,513 yuan (US$6,892), year to date. Chairman Li ci...Read More
Figure 1: Pure (99.9 %) cobalt chips, electrolytically refined. Source: Wikipedia image commonsBy Sam BroomYou've probably given little thought to a perennially overlooked metal called cobalt, even though chances are you're reading this very article on a device powered by a battery containing a significant proportion of the metal.I'm going to spend most of this article outlining an emerging narrat...Read More
Canada has decided to extend the Mineral Exploration Tax Credit, which was ending on March 31, for a full extra year, the country's natural resources minister announced Sunday evening.Speaking to media attending the 85th version of the Prospectors & Developers Association of Canada's (PDAC) International Convention in Toronto, minister Jim Carr said the 15% mineral exploration tax credit is inten...Read More
Logan Resources Ltd. (TSX.V: LGR) is a junior exploration company in the business of acquiring and advancing mineral properties. We learned from Mark Morabito, CEO and Director of Logan Resources, that all of the company's projects are located in Nevada and Utah. Logan's focus is on actively exploring nine gold properties that are under option agreement from Pilot Gold Inc., earning a participatin...Read More
David Cole, President and CEO of Eurasian Minerals TSX-V: EMX updates us on the Eurasian royalty generation business model. Eurasian acquires prospective mineral rights around the world and adds value through the geological process, and then sells those properties keeping a royalty. They have promising portfolios in Russia, Arizona and Northern Europe. Eurasian has a strong management team, with e...Read More
Investing.com - Gold prices were higher during European morning hours on Monday, starting the week off with gains as demand for safe-haven assets was boosted amid news of North Korea's firing of four ballistic missiles.Comex gold futures tacked on $6.95, or about 0.6%, to $1,233.45 a troy ounce by 3:15AM ET (08:15GMT). The precious metal fell to $1,223.00 on Friday, the lowest since February 15.Sp...Read More
CENTENNIAL, Colo., March 6, 2017 - Uranium Resources, Inc. (Nasdaq: URRE; ASX: URI), an energy metals development company, announced today that it has completed certain key activities in support of ongoing work at the Columbus Basin Project, including the acquisition of geophysical data from a major mining company and the submittal of two water rights applications to the State of Nevada.Chris Jone...Read More
Warning: Spoiler Alert.It is a cross between The Stepford Wives and A Clockwork Orange, with a touch of Inception; last night my friend Amuon took me to see a movie called "Get Out."I hadn't heard of it, and went into the theater completely blind to the fact that I would be watching the most genius and entertaining piece of propaganda I have ever seen. I loved it.First and foremost I was entertain...Read More