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  • Metals prices find support, start to rebound after risk-on trading returns June 20, 2018
    The base metals are up modestly across the board this morning after another day of weakness yesterday. Without evidence of stronger economic growth or supply tightness, and in the face of trade wars, prices are at best only likely to consolidate.
  • Market Summary: Sentiment dented June 19, 2018
    The base metals sold off last week on the back of a notable appreciation in the dollar, a resulting tightening of global financial conditions and inversion at the short and longer end of the global government bond yield curve, a drop in oil prices, weaker-than-expected Chinese economic data and escalating trade tensions. Bullish sentiment had […]
  • Aluminium: Under pressure ag June 19, 2018
    The escalating trade war between the US and China is putting aluminium back under pressure. The LME backwardation has already weighed on premiums and may lead to more exchange stock inflows. Also, rising production from China and planned smelter restarts in the US could see more metal in the supply chain in H2 2018. There […]
  • Base metals investment analysis: Bullish underlying trends in copper COT data June 19, 2018
    Speculative length in copper has been rising gradually over the past few months. Although length spiked last week due to the heightened risk of miners strikes in Chile, the steadily improving trend in positioning predates that speculative blip and will likely endure, as it reflects the view that copper’s underlying fundamentals are tightening and will […]
  • Nickel: Wait for the dip buyers again June 19, 2018
    Nickel prices have corrected lower alongside the other base metals, but the year-long uptrend defined by the series of higher lows on the price chart is not threatened. Nickel bulls have been eager dip-buyers into previous spells of weakness, and we have no reason to expect this one to be any different. Nickel’s fundamental narrative […]

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St-Georges Supports a Participant of the Royal Lepage Shelter Foundation 2017 Iceland Charity Challenge

On July 21 2017 a group of Canadian Real Estate agents arrived in Iceland to participate in a 6-day trek across the Southern Highlands as part of a fundraising event in support of women’s shelters in Canada.

St-Georges has given $3,000 CAD to sponsor the event & commited to double that amount this year. St-Georges wholly own subsidiary, Iceland Resources has generously offered to make a donation to Kvennaathvarf Shelter in honour of the Royal LePage Realtors who are traveling to Iceland to take part in this special fundraising trek.

Robert "Rob" Gardhouse, long time St-Georges shareholder, consultant and ex-president was part of the Challenge.

The trekkers hiked more than 90 km of the Landmannalaugar route, through Álftvatn, Emstrur, Thorsmork to Skogar. Along the way, they experienced sheer cliffs, snowfields, waterfalls, steaming lava fields and hot springs. Camping each night in tents they set up for themselves, the group of Canadians experienced only 3-4 hours of darkness, a unique experience for them. The physical and emotional challenges they faced during this endurance hike will serve to remind them of the difficulties women face when living with domestic abuse.

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