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
Aluminium premiums in Europe and the United States declined further in the week ended Tuesday November 19, with the market under increasing pressure from weak demand and the backwardation in London Metal Exchange spreads. Rotterdam duty-paid premium at lowest since FebruaryUS premium holds at 20-month low after end-of-week fallLow buying interest keeps premiums in Brazil steady MJP premiums uncha...Read More
China's hot-rolled coil prices continued to climb on Wednesday November 20 amid sustained demand.DomesticEastern China (Shanghai): 3,660-3,700 yuan ($521-527) per tonne, up 10-40 yuan per tonneNorthern China (Tangshan): 3,670 yuan per tonne, up 50-60 yuan per tonneIn Shanghai, HRC was sold at 3,660-3,670 yuan per tonne in the morning, but sellers raised these in the afternoon on seeing how strong...Read More
Base metals prices on the Shanghai Futures Exchange were mostly up during the morning trading session on Wednesday November 20, with the complex finding slight support from improved investor confidence following reports that China's central bank will loosen monetary policy to support economic growth. Market sentiment was somewhat upbeat this morning following overnight reports that the Chinese cen...Read More
Galena provides a leading lightSPONSOREDgalena miningChina is the biggest investor in renewable energy technology, ploughing $91.2 billion into the sector last year.Read More
Macarthur's high-grade iron project set to rollSPONSOREDGalena provides a leading lightSPONSOREDgalena miningNickel discoveries put St George on investors' radarSPONSOREDst george miningUniversity of Delaware launches Minerals, Materials and Society programSPONSOREDuniversity of delawareBoth Rio Tinto and its Toronto-listed subsidiary Turquoise Hill Resources overnight noted Administrative...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday November 20. Key drivers Both titanium scrap turnings prices fell in the past week amid slow trading in the alloys business. There are persistent differences reported between northern and southern European markets, with estimates below $0.80 per lb for low tin content grade from some sources. Both assessments fell by mor...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points in pre-opening trade.The Canadian Dollar was virtually unchanged at U.S. 75.25 cents following release of Canada's October Consumer Price Index at 8:30 AM EST. Consensus was a year-over-year gain of 1.9% versus an increase of 1.9% in September. Actual was a gain of 1.9%. Urban Outfitters plunged $4.70 to $24....Read More
Copper smelters will slow capacity expansions if market terms for copper concentrates fall to reflect a potential market deficit, Jiangxi Copper's Yuanfeng Xu said at Fastmarkets' Asia Copper Conference in Shanghai on Wednesday November 20."Right now [smelting] capacity is still increasing, so the future potential risk may come from the supply from the ore mining side," Xu, who is vice president o...Read More
Robert Friedland's High Power Exploration (HPX) has closed a US$88-million equity investment from an undisclosed U.S.-based institutional investor that will allow the privately held company to fast-track development of its Nimba iron-ore project in southeastern Guinea.The company says it plans to bring Nimba into production as quickly as possible as a starter mine of one to five million tonnes per...Read More
Macarthur's high-grade iron project set to rollSPONSOREDGalena provides a leading lightSPONSOREDgalena miningNickel discoveries put St George on investors' radarSPONSOREDst george miningUniversity of Delaware launches Minerals, Materials and Society programSPONSOREDuniversity of delawareCynicism is built upon a foundation of scar tissue.Read More
The world's No. 1 copper producer is expected to ink a deal with Ecuador's Enami this week, to jointly develop the massive Llurimagua deposit.Read full newsRead More
"FPX Nickel is developing the Decar #nickel project in British Columbia, a top-3 global mining jurisdiction according to the latest Mining Journal rankings @MA_BC @AME_BC @MiningOnline https://t.co/Y99FBGIvSB"Read full newsRead More
"?EUR?The second batch of assay results from our recently completed Phase I Feasibility-stage drill program demonstrates the exceptional high-grade nature of mineralization across the A2 and A3 domains representing the PFS mine plan design." $NXE #uranium https://t.co/HxhAjcLPYz"Read full newsRead More
On the island of Sulawesi, demand for nickel to supply electric-vehicle batteries brings worries of more environment blows.Read full newsRead More
China will cut its renewable power subsidy to 5.67 billion yuan ($806.50 million...Read full newsRead More
Northwest European oil refining margins turned negative on Tuesday, falling to a...Read full newsRead More
Global oil refiners have upgraded processing units and adjusted operations to ra...Read full newsRead More
The US regulator decided to proceed with the probe of the company last week after a meeting with Brazilian prosecutors.Read full newsRead More
"Rupert Resources Drills 62.7 Grams Per Tonne Gold (g/t) Over 11.9m and 220g/t Gold Over 5m at the Pahtavaara Mine https://t.co/jYefWbSC7y"Read full newsRead More
Vancouver, British Columbia, Nov 19, 2019 (Newsfile Corp via COMTEX) -- Vancouver, British Columbia--(Newsfile Corp. - November 19, 2019) - Outcrop Gold...Read full newsRead More