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

Timing stocks could be one of the biggest self-defeating moves in investing. Instead, picking recession-resilient, highly stable, outperforming stocks for our long-term portfolio go a long way. Here are three such TSX stocks that can keep trading higher in the long-term, irrespective of the market direction.Canadian Pacific RailwayThe second-biggest railroad stock Canadian Pacific Railway&nbs...Read More

April is nearly upon us!With Q2 fast approaching, now is a great time to consider a portfolio refresh. For those looking to add a few positions, I’ve got three top TSX picks I think are steals right now.Kirkland Lake Gold Kirkland Lake Gold (TSX:KL)(NYSE:KL) is, hands down, the best option if you want to play the gold mining space.This company has a top-notch balance sheet and a world-class...Read More

The latest news trickling "outside the Beltway" of Washington, D.C., is fantastic. It is also terrible.The Biden administration, along with Democrats in Congress, are pushing a $3 trillion infrastructure package.I love this. I hate this. It is a bloated, sprawling proposal with a whole lot of bad politics and bad policy baked in. Laughably short-term payoffs designed to work into the two- or four-...Read More

The cargo ship traffic jam on the Suez Canal in Egypt is exacerbating the shortage of primary aluminium billet supplies in Europe, resulting in higher premiums on Friday, March 26. The canal, which is the key route for shipments between Europe and Asia, has been blocked by the large containership Ever Given since late on Tuesday, resulting in a floating traffic jam of more than 100 vessels. "...Read More

The London Metal Exchange three-month aluminium price reached a new year-to-date high of $2,301 per tonne shortly before 5pm on Friday March 26 and was the only metal to record an increase from the start of the week. A surge in aluminium trading on Friday afternoon took the price to its highest since June 12, 2018, at the height of the US trade tensions. The price hit a peak of $2,353 per tonne in...Read More

Alumina prices on an fob Australia basis declined to their lowest level since November 2020 on Friday March 26, with oversupply of units continuing to stoke bearishness.Fastmarkets' alumina index, fob Australia was calculated at $274.50 per tonne on Friday, down by $5.57 from $280.07 per tonne the previous day. The index has dropped 5.1% since the start of the week when the index was at $289.09 pe...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More

Bob Moriarty ArchivesMar 26, 2021As a result of the takeover of St Andrews by Kirkland Lake Gold, KL ended up in a JV with Eskay Mining on their SIB project in the Golden Triangle of BC, Canada. All Kirkland Lake had to do to maintain their 20% in the project was to belly up to the bar with their 20% contribution to exploration expenses.There have been a lot of mergers and take-overs and sometimes...Read More

Key data from the Friday March 26 pricing session in London.Key drivers Ferro-molybdenum and molybdic oxide prices continue to fall in response to weeks of slow buying interest, and ample availability, particularly of alloy. Volumes picked up during the second half of the week ended Friday,...Read More

EBITDA was £29.3 million (ZAR622 million), while revenue jumped 110% yoy for the half to £53.4 million, driven by a 127% jump in PGM revenues at the company's South Africa operations, which it attributed to buoyant prices, a lift in throughput and operational efficiencies.  PGM output surged 34% to more than 28,000 ounces in the half-year. Chrome production was up 72%, helped...Read More

The company has signed a three-year, A$1.4 billion syndicated performance bond facility, which executive chairman Juan Santamaria said reflected its "strong financial position" and growing order book. He said the bond would give its clients the confidence it could meet its contractual obligations. The company didn't provide any detail on the financial terms of the funds. In February...Read More

Adam HamiltonArchivesMar 26, 2021The mid-tier gold miners' stocks are in this sector's sweet spot for upside potential. After a spectacular upleg out of last March's stock panic, they have mostly been correcting since early August. That is doing its necessary work of rebalancing sentiment, paving the way for mid-tiers' next bull upleg. These great miners are thriving fundamentally with higher prev...Read More

Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) is pleased to announce that Jim MacCallum has been appointed Chief Financial Officer (CFO). Jim will be responsible for treasury, accounting, financial reporting and governance for LEAF and its subsidiaries."We are excited to have Jim join the LEAF team, he complements our strong performance-oriented culture, and we believe his impressive reputation for...Read More

Key data from Fastmarkets' pricing sessions in China, Europe and the United States on Friday March 26.China The China ferro-silicon price dropped after two weeks of plummeting futures and reduced demand from steel mills, but sentiment has improved slightly due to new production disruptions in Inner Mongolia, with some suppliers intending to stick with their current offers.Junzheng Group in In...Read More

Key data from Fastmarkets' pricing sessions on Friday March 26 in the Asia-Pacific region.Fastmarkets' copper concentrates treatment charge/refining charge (TC/RC) index, cif Asia-Pacific, resumed its downtrend this week after a slight rebound in mid-March.This was the third week the TC index has remained below the level of $30 per tonne.Smelters were less...Read More

Key data from pricing session in London on Friday March 26.Key drivers:  Parcels of metal continue to be available below the previous range from those looking to take profit, with some traders now reporting being interested in buying now that the low end of...Read More

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

The price of austenitic stainless steel scrap in the UK and Europe moved higher over the past seven days on the back of rising nickel costs in first half of the week, sources told Fastmarkets on Friday March 26.Nickel prices retreated in the second half of the week, however, wiping out most of the gains and halting the upward momentum in the stainless scrap market. Nonetheless, Fastmarkets' weekly...Read More

The spot price for light iron steel scrap in the United Kingdom was steady during the week to Friday March 26, stabilizing losses from last week amid firm fundamentals in the domestic market, sources told Fastmarkets.A sharp fall in European steel scrap export prices seen on Thursday may be short-lived, according to sources, with a pick-up seen the next day in steel rebar buying inquiries into Sou...Read More

Deep-sea scrap import prices in Turkey plunged this week but a recovery in rebar exports was expected to bring support to the market soon, while markets in Asia, apart from China, have already felt the revival.Scrap exporters in the United States, however, were lowering their buy prices during the working week from Monday March 22 to Friday March 26. Turkish import prices crash, but set to recover...Read More