Digging Deep

End of Banks in Canada?

September 16, 2024

Defense Metals in the Media

February 16, 2024

Our 2024 Predictions, Part 2

January 11, 2024

Our 2024 Predictions, Part 1

January 02, 2023

Can Gold Hit $3,000 in 2024?

29 December, 2023

Will Bitcoin ETFs Kill Gold?

November 21, 2023

What's Next for Gold?

06 June, 2023

Platinum and Palladium

February 2022

Transition to Production

June 15, 2021

Silver Suppression?!

February 02, 2021

Gold: Year in Review 2020, and 2021 Outlook

January 04, 2021

Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

AbraPlata: CMR's full analysis of an Argentina focussed gold and silver junior

May 2020

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

Tech Talk for Wednesday March 24th 2021

March 24, 2021 / www.timingthemarket.ca

Applied Materials (AMAT). a NASDAQ 100 stock moved above $124.26 to an all-time high extending an intermediate uptrend. Hong Kong iShares (EWH) moved below $26.26 completing a double top pattern.Seagen (SGEN), a NASDAQ 100 stock moved below $141.50 extending an intermediate downtrend.U.S. Dollar ETN (UUP) moved above $24.91 extending an intermediate uptrend.Pre-opening Comments for Wednesday March...Read More

JAPAN STEEL SCRAP: Prices close to bottom with suppliers holding back offers

March 25, 2021 / www.metalbulletin.com

Japanese steel scrap suppliers are limiting the volume of material they are offering to the market, in the expectation of a short-term recovery in prices, sources told Fastmarkets on Wednesday March 24."The supply side is stopping new offers and they feel the market will not decrease anymore," a Japanese steel scrap trader said.A second trading source added: "The Japanese domestic scrap market has...Read More

CHINA STEEL SCRAP: Trading stalemate remains amid mills' disinterest, lack of offers

March 25, 2021 / www.metalbulletin.com

The trading stalemate in the Chinese ferrous scrap import market has remained over the past day, with buyers keeping their distance from purchasing amid limited offers from sellers.Fastmarkets' price assessment for steel scrap, heavy recycled steel materials, cfr China was $460-470 per tonne on Wednesday March 24, unchanged from a day earlier.Major Chinese steel mills have not shown firm interest...Read More

COKING COAL DAILY: Premium coking coal prices diverge in cfr, fob market

March 25, 2021 / www.metalbulletin.com

Seaborne premium hard coking coal price moved up in the fob market on Wednesday March 24, with new buying interest for low-priced cargoes, sources said.On the contrary, the premium hard coking coal cfr price fell against the weak demand, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $111.96 per tonne, up $0.32 per tonnePremium hard coking coal, cfr Jingtang: $212.00 per tonne...Read More

IRON ORE DAILY: Prices mostly down amid low liquidity

March 25, 2021 / www.metalbulletin.com

Iron ore prices mostly edged down on Wednesday March 24, due to reduced trading activity, sources told Fastmarkets, but high-grade fines gained slightly due to concerns over supplies of Carajas fines from Brazil.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $161.39 per tonne,down $0.41 per tonne62% Fe low-alumina fines, cfr Qingdao: $161.97 per tonne,down $0.03 per tonne58% Fe fines high...Read More

Suez Canal blockage adds further problems for global freight market

March 25, 2021 / www.metalbulletin.com

A major blockage of the Suez Canal by a large container ship, leading to a vessel traffic jam, is adding to disruption in the global bulk freight markets.The Ever Given, a large container ship flagged in Panama and operated by Taiwanese firm Evergreen, was blown off-course by bad weather late on Tuesday March 23.The vessel is still blocking traffic travelling in both directions in the southern par...Read More

GLOBAL ZINC & LEAD WRAP: US lead premium at 8.5-yr high; Southeast Asian zinc premium up on freight disruption

March 25, 2021 / www.metalbulletin.com

Fastmarkets' US lead premium reached its highest since 2012 due to supply tightness, while the zinc premium went up in Southeast Asia over freight cost hikes.Concerns voiced over the Chinese refined zinc production amid power cuts in major producing areas and a low zinc concentrates treatment charges (TC) while premiums are unchanged for zinc ingots.On-warrant zinc stocks in New Orleans' LME sheds...Read More

How the London tin market sleepwalked into a once-in-a-lifetime spread squeeze [CORRECTED]

March 25, 2021 / www.metalbulletin.com

Tin market participants say they saw the record-breaking squeeze coming, but in pandemic-time trading, how does it get back to normal?It was at the beginning of the year when the phones started to ring. Hedge funds, eager to hitch a ride on the steadily rising price of tin, were in the market to buy physical stocks of the valuable metal that is predominately used in electronics.Solder makers and s...Read More

LIVE FUTURES REPORT 24/03: LME aluminium rises after 2% fall on Tuesday; 8,000t of zinc delivered in US

March 25, 2021 / www.metalbulletin.com

Aluminium recovered by 1% during morning trading on the London Metal Exchange on Wednesday March 24 after Tuesday's sell-off saw most of the base metals complex fall by more than 1%.The three-month aluminium price was at $2,243 per tonne at 9am on Wednesday, following a 2.3% drop - the largest in the complex - on Tuesday to $2,219.50 per tonne. Tuesday's slump on the LME was prompted by rumors out...Read More

CHINA HRC: Pick-up in trading activity keeps prices from falling further

March 25, 2021 / www.metalbulletin.com

China's domestic hot-rolled coil prices held steady on Wednesday March 24, with support emerging from a pick-up in trading activity, sources told Fastmarkets.DomesticEastern China (Shanghai): 5,050-5,080 yuan ($776-780) per tonne, unchangedA Shanghai-based trader noted that trading was particularly active in the afternoon when HRC futures registered strong gains.While spot prices were largely stab...Read More

MORNING VIEW: Base metals prices consolidate after Tuesday's general weakness

March 25, 2021 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were mixed this morning, Wednesday March 24, while those on the Shanghai Futures Exchange were for the most part weaker, following Tuesday's weakness on the LME.Asian-Pacific equities were generally nervous this morning, and low US treasury yields suggest risk-offStronger US dollar may prove to be a headwind for metals Base metalsLME three-month base...Read More

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 24/03: Ferro-vanadium falls further as traders take profit

March 25, 2021 / www.metalbulletin.com

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford and...Read More

CONSUMER ELECTRONICS MARKET REPORT 24/03: Cobalt tetroxide price drops 10% on tepid downstream demand

March 25, 2021 / www.metalbulletin.com

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Charlotte...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

March 25, 2021 / www.metalbulletin.com

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam,...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

March 25, 2021 / www.metalbulletin.com

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt...Read More

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end)

March 25, 2021 / www.metalbulletin.com

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt hydroxide p...Read More

Trade log: Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne

March 25, 2021 / www.metalbulletin.com

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt sulfate...Read More

TITANIUM SNAPSHOT: Steelmakers issue firm Q2 bids; spot prices on hold

March 25, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday March 24. Key drivers Ferro-titanium spot market activity was minimal while negotiations begin for second-quarter supply.Steelmakers in Europe issue almost 600 tonnes of bids for ferro-titanium to be delivered between April and June, according to alloy suppliers. More tenders expected in the coming days, with some seen agreed befor...Read More

Brixton Metals Drills 8m of 860 g/t Silver, 0.17% Cobalt within 31m of 272 g/t Ag, 0.05% Co at its Langis Project, Ontario

March 24, 2021 / brixtonmetals.com

March 24, 2021 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce further high-grade silver results from its fall/winter exploration program at its wholly owned Langis Project located in the Cobalt Camp of Ontario, Canada. This news release includes holes LM-21-214 to LM-21-219 and is a total of 1036.3m of NQ size core from the Shaft 6 area...Read More

Ghana terminates Resolute Mining's Bibiani lease

March 24, 2021 / www.northernminer.com

Resolute Mining (LSE: RSG; ASX: RSG) is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated and the company was told to cease all activities and operations at the mine site.In a press release today, Resolute said that the action on behalf of the Minister of Lands and Natural Resources was unexpected, and that the company is seeking clarification from the...Read More

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