Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
I have been in political meetings over the weekend. I cannot Continue...Read More
The copper price climbed to the highest since 2011 as the global recovery from the pandemic extended a rally in metals markets- and as Continue...Read More
Carl Heneghan is a clinical epidemiologist and Director of the NIHR SPCR Evidence Synthesis Working Group, a collaboration of nine primary care Continue...Read More
Hug passed from cancer Monday evening at his home in Arizona at the age of 69. Hug Continue...Read More
Roxgold shares traded higher after the company reported it agreed to be acquired by Fortuna Silver Mines in a mostly stock and cash deal for CA$2.73 per share. Canada-based gold mining company Roxgold Inc. (ROXG:TSX), which is focused on developing assets in West Africa, and Fortuna Silver Mines Inc. (FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE), which operates silver and gold operations in North and Sou...Read More
Peter Ball, the CEO of NV Gold, updates Maurice Jackson of Proven and Probable on his company's recently announced partnership with Hochschild Mining on a project in the Cortez Gold Belt. Maurice Jackson: Joining us for a conversation is Peter Ball, the CEO of NV Gold Corp. (NVX:TSX.V; NVGLF:OTC). A pleasure to have you join us, as NV Gold has several updates to provide shareholders, including so...Read More
Copper is gaining momentum, according to Peter Epstein of Epstein Research, and Pampa Metals is "cashed-up" and drilling for new discoveries "in the shadow of giants." Copper = Cu / Copper Equivalent = Cu Eq. All dollar figures in US dollars unless indicated otherwise. All Cu prices in US$/lb (converted from US$/metric tonne).Copper is red hot, up 104% from COVID-19 lows in March 2020.The most im...Read More
The main union for metal workers in the Czech Republic has instigated industrial action at Liberty Steel's Ostrava steelworks, sources told Fastmarkets on Monday April 26.On Monday, the OS KOVO trade union called on workers at Liberty Ostrava to "work-to-rule", which means no additional shifts or overtime.The union also said employees should ignore work e-mails and phone calls outside working hour...Read More
The main union for metal workers in the Czech Republic has instigated industrial action at Liberty Steel's Ostrava steelworks, sources told Fastmarkets on Monday April 26.On Monday, the OS KOVO trade union called on workers at Liberty Ostrava to "work-to-rule", which means no additional shifts or overtime.The union also said employees should ignore work e-mails and phone calls outside working hour...Read More
The European Commission will set definitive duties on hot-rolled coil from Turkey at marginally lower levels than for preliminary duties, sources told Fastmarkets. The EC imposed provisional anti-dumping duties of 4.80-7.60% in early January 2021. Both European and Turkish market sources said that the EC has sent letter to the interested parties with definitive duties that have been calculate...Read More
US Treasuries are as much sought-out by investors in a crisis or pending crisis, but lately, Treasuries have become much less popular as a means of storing wealth.The reason is simple: T-bills don’t offer a good return, and neither do other sovereign debt instruments. Although US Treasury yields have been climbing, owing partly to expectations of inflation, in recent weeks this trend ha...Read More
As top officials around the world convenethis week for a “climate summit,” President Joe Biden’s administration isplanning the most radical expansion of government’s role in the economy sinceFDR’s New Deal.The objective is nothing short oftransitioning the entire U.S. and world economy to “clean energy” – asdetermined and directed by central planners...Read More
Here are five Fastmarkets stories you might have missed on Monday April 26 that are worth another look.Liberty Steel Dudelange-Liege has been cancelling orders and shipments to customers that had agreed deals for cold-rolled coil and hot-dipped galvanized coil, sources have told Fastmarkets.Metal...Read More
The main union for metal workers in the Czech Republic has instigated industrial action at Liberty Steel's Ostrava steelworks, sources told Fastmarkets on Monday April 26.On Monday, the OS KOVO trade union called on workers at Liberty Ostrava to "work-to-rule", which means no additional shifts or overtime.The union also said employees should ignore work e-mails and phone calls outside working hour...Read More
All base-metals prices on the London Metal Exchange were up by 1% or more at the 5pm close of trading on Monday April 26, with overarching bullish sentiment toward economic recoveries taking hold of the complex throughout the day.Copper and aluminium were the leaders of the rally on Monday, both reaching new 2021 highs during the day at $9,765 and $2,407 per tonne respectively.They closed at 5pm u...Read More
The gap between the prices of rebar and hot-rolled coil exported from the Commonwealth of Independent States reached the highest since 2008 in the second half of April due to a combination of a flat steel products shortage in the global market and strong demand.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob Black Sea, CIS was $639 per tonne fob at the midp...Read More
Here are five Fastmarkets stories you might have missed on Monday April 26 that are worth another look.Liberty Steel Dudelange-Liege has been cancelling orders and shipments to customers that had agreed deals for cold-rolled coil and hot-dipped galvanized coil, sources have told Fastmarkets.Metal...Read More
The gap between the prices of rebar and hot-rolled coil exported from the Commonwealth of Independent States reached the highest since 2008 in the second half of April due to a combination of a flat steel products shortage in the global market and strong demand.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob Black Sea, CIS was $639 per tonne fob at the midp...Read More
All base-metals prices on the London Metal Exchange were up by 1% or more at the 5pm close of trading on Monday April 26, with overarching bullish sentiment toward economic recoveries taking hold of the complex throughout the day.Copper and aluminium were the leaders of the rally on Monday, both reaching new 2021 highs during the day at $9,765 and $2,407 per tonne respectively.They closed at 5pm u...Read More
A cargo of 62% Fe Brazilian Blend iron ore fines was traded on Monday April 26 at a price of $194.40 per tonne cfr China on a trading platform, a record high since Fastmarkets' index for 62% Fe low-alumina fines, cfr Qingdao, was introduced in August 2018.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $193.58 per tonne, up by $7.33 per tonne62% Fe low-alumina fines, cfr Qingdao: $194.40 pe...Read More