China's ferrous futures increased during morning trading on Wednesday November 21, with sentiment improving, especially when it came to steel contracts.Futures closing prices - morning session Shanghai Futures Exchange January rebar: 3,686 yuan ($531) per tonne, up 63 yuan per tonneJanuary hot-rolled coil: 3,583 yuan per tonne, up 76 yuan per tonneDalian Commodity Exchange January iron ore: 511 yu...Read More
South Korea's Public Procurement Service (PPS) is seeking to procure 1,000 tonnes of special high-grade zinc, according to a notice posted on the state-owned stockpiling agency's website on Tuesday November 20.The tender is for London Metal Exchange-registered brands with purity of more than 99.995% for shipment to the South Korean port of Incheon on a cif basis. Bids close on November 28.The PPS...Read More
Base metals on the London Metal Exchange were all higher during morning trading on Wednesday November 21, with risk-averse investors capitalizing on lower prices earlier in the week amid a slight downturn in the US dollar and continued uncertainty over US-China trade relations.Climbing just under 1% over the morning, copper's three-month price pushed back above $6,200 per tonne while volumes remai...Read More
China's hot-rolled coil prices continued to fall on Wednesday November 21, breaking away from last week's stability, amid pessimism over the country's economic and industrial growth.DomesticEastern China (Shanghai): 3,760-3,780 yuan ($541-544) per tonne, down 30-40 yuan per tonneNorthern China (Tianjin): 3,690-3,710 yuan per tonne, down 70-80 yuan per tonneWhile HRC prices hovered above 3,800 yuan...Read More
The following Fastmarkets minor metals prices changed on Wednesday November 21:Minor metalsAntimony MB free market regulus, $ per tonne: $8,000-8,200 per tonne from $8,100-8,300Antimony MMTA standard grade II, $ per tonne: $7,900-8,100 per tonne from $8,050-8,250Antimony MB Chinese free market MMTA standard grade II, yuan per tonne: 50,000-50,500...Read More
Electric vehicle (EV) sales continue to see robust growth - the latest data from China shows NEV sales of 138,000 in October - up 50% from October 2017, according to the China Association of Automobile Manufacturers.Year to date, sales of 852,890 NEV s are up 116% from 394,759 units. Battery-only vehicles (BEV s) accounted for 80.4% of the sales, with plug-in hybrid (PHEV) sales making up 19.6% of...Read More
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.4% this morning, Wednesday November 21.Lead led the rebound with a 1% gain to $1,979 per tonne, while nickel was little changed and the rest were up between 0.2% and 0.3%, with copper up by 0.3% at $6,194 per tonne.Volume has been below average with 4,562 lots traded as at 7.19am London time. Th...Read More
The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday November 21:Aluminium scrapLoose old rolled cuttings: ?730-750 per tonne from ?730-760Baled old rolled: ?790-810 per tonne from ?790-820Commercial...Read More
By Daniel CookPart 2: It's Only Natural...Every mining company has the same problem, they've got to replenish their inventory every year. That means if they're mining 100,000 ounces of gold annually they need to discover at least 100,000 ounces every year to stay afloat. Analysts and investors demand it and watch these inventory levels closely.Did you know SSR Mining's most profitable operation co...Read More
By Daniel CookPart 2: It's Only Natural...Every mining company has the same problem, they've got to replenish their inventory every year. That means if they're mining 100,000 ounces of gold annually they need to discover at least 100,000 ounces every year to stay afloat. Analysts and investors demand it and watch these inventory levels closely.Did you know SSR Mining's most profitable operation co...Read More
Bob Moriarty ArchivesNov 22, 2018Someone contacted me recently who flogs coffee cups. I hadread a bit about him on Incakola back in September. That page about him and what he is doing sparked my interest and I share the sentiment of IK that it’s a good idea.So the guy contacted me and offered the same deal, he would share the revenue with me if I helped him. I think it’s the kind of st...Read More
Drilling Belmont's Kibby Basin lithium prospect in Nevada. Source Belmont Resources Inc.Belmont Resources Inc. [BEA-TSXV, L3L1-FSE] said Thursday November 22 that it is poised to commence drilling at its Kibby Basin lithium brine project in Nevada, likely after the Thanksgiving holiday.The company said drill hole KB-4 will target a prominent structure within the large MT (magnetotelluric) anomaly...Read More
Drilling NexGen Energy's Rook 1 property in the Saskatchewan's Athabasca Basin. Source: NexGen Energy Ltd.NexGen Energy Ltd. [NXE-TSX, NYSE] on Thursday November 22 released geotechnical and radioactivity results for 29 drill holes that targeted the company's 100%-owned Rook 1 uranium property in northern Saskatchewan's Athabasca Basin.The announcement follows a prediction by Uranium Energy Corp....Read More
Lloyd Craig Blankfein is an American investment banker who has served as chairman of Goldman Sachs since 2006, and chief executive from 2006 until September 2018.Continue...Read More
Chart NotAvailableSymbol DataSymbolCurrencyASX:SPIAUDDescriptionSpitfire Materials Ltd are a gold focused junior, late stage development companyLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial11/22/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$42.59M$44.79M11/22/2018$2.20MTotal Assets:$14.98M...Read More
Chart NotAvailableSymbol DataSymbolCurrencyASX:STMAUDDescriptionSunstone Metals are a junior, project generator looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial11/22/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$30.75M$30.75M11/22/2018$0.00MTotal Assets:$35.21M$35.21M11/22/201...Read More
Chart NotAvailableSymbol DataSymbolCurrencyASX:GMLAUDDescriptionGateway Mining are a junior, project generator looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial11/22/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$10.49M$10.49M11/22/2018$0.00MTotal Assets:$5.39M$5.39M11/22/2018$0...Read More
All through the bear market hopeful rationalizations were served up for a bullish case on the gold miners. All through the bear market we warned people not to eat that rotten turkey!China demand, the China and India “love trade”, cyclical inflation driving up the prices of commodities and resources and the classic… economic growth in the US will create cost-push inflation throug...Read More
Full Article: Freezing Temperatures Could Heat Up Natural Gas PricesBy: Frank HolmesHere in San Antonio, the temperature hit a bone-chilling low of 27 degrees last Wednesday, breaking a 102-year-old record for mid-November. An out-of-state visitor, Cornerstone Macro's Head of Portfolio Insights Stephen Gregory, speculated that the Central Texas temperature, ordinarily mild this time of year, was...Read More
Happy Thanksgiving, and guess what? With what our friends over at SD Bullion just told us, here's something totally awesome to get excited about...Happy Thanksgiving from the entire Silver Doctors team.This is the time of year when we reflect and consider life's blessings and the important things we are grateful for.Family, friends, health, and wealth are just a few of the things we are thankful...Read More