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

(Corrects change in week to unchanged for Brent and an increase for U.S. crude from a drop for both.)* OPEC, Russia expected to agree supply cuts next week* Top three oil producers to attend G20 meeting this weekend* U.S. crude stocks build for 10 straight weeks amid record output* OPEC oil output falls by 160,000 bpd in Nov. - Reuters survey* Glut pushes crude into contango: https://tmsnrt.rs/2Q7...Read More

The body representing the mining industry in Canada's Nova Scotia province is calling on governments and companies to do a better job of managing project developments, so exposure to radon and uranium can be reduced.Radon is a naturally-occurring gas produced by radioactive decay of uranium, and it is found in measurable quantities in all rocks and soils in Nova Scotia.Radon is a naturally-occurri...Read More

Seaborne pig iron has become relatively competitive versus ferrous scrap over the past year in most regions, and China is no exception. As the first chart below illustrates, the gap between the MBR's proxy for imported pig iron price in China and the Metal Bulletin's Chinese domestic heavy melt scrap price assessment had shrunk by late 2017. The premium averaged $17 per tonne this year to date, co...Read More

The closure of some induction furnaces in China in 2016 followed by the government's crackdown on all unlicensed IFs in mid-2017 freed up some scrap volumes, albeit arguably of low-quality material. Chinese domestic scrap prices came under pressure from the increased supply, which prevented them from keeping pace with the rise in steel and other raw material markets in the fourth quarter of 2016;...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.What does tight oil have in common with Facebook, Apple, Amazon, Netflix and Alphabet's Google stocks (known as FAANG stocks)? Answer: tight oil is arguably the upstream equivalent of these tech sector leaders. It's the hot investment...Read More

Investing.com - Gold prices were lower on Friday as investors moved away from the bullion amid expectations of another interest rate hike this year, while the G20 summit in Argentina was also in focus.Comex gold futures for February delivery slipped 0.16% to $1,228.40 a troy ounce as of 4:54 AM ET (9:54 GMT).Fed meeting minutes released on Thursday showed the central bank is expecting to hike inte...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.India's renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would s...Read More

Manganese miners have reported a sharp drop in demand from manganese alloy smelters in China due to their preference for buying ore from Chinese ports in a bid to keep costs and inventories low ahead of the end of the year. Seaborne low grade manganese ore prices slid on November 30 due to sellers dropping prices amid weaker demand and a drop in silico-manganese futures prices on the Zhengzhou Com...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

Open interest in the CME's aluminium European duty-paid premium contract hit an all-time high the end of November, boosted by efforts to lock in premiums given wide forward spreads.The contract logged total open interest through December 2019 at 11,400 tonnes as of Thursday November 29.Fastmarkets MB assessed the spot P1020 Rotterdam duty-paid aluminium premium at $125-140 per tonne on November 30...Read More

Base metals prices on the London Metal Exchange closed higher on Friday November 30, with zinc, lead and nickel the best performers of the day.Zinc was the strongest performer on Friday, with its three-month price rising 2.9% from Thursday to close at $2,542 per tonne. After consistently dipping since January, LME zinc stocks settled at a fresh 2018-low of 117,550 tonnes on Friday.W...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Comex copper prices experienced further weakness ahead of world leaders converging in Argentina for the Group of Twenty (G20) meeting this weekend.The copper price for March settlement on the Comex division of the New York Mercantile Exchange fell 1.80 cents to $2.7735 per lb.Price movement is expected to be muted today with investors focusing on the weekend's G20 summit, where finance ministers.....Read More

Australian-Chinese miner MMG Ltd has completed the sale of its Sepon copper gold mine to China's Chifeng Jilong Gold Mining for $275 million, the company said on Friday November 30. The deal was first announced in June, when MMG agreed to sell its 90% stake in Lane Zang Minerals, owner of Sepon mine, to the Chinese mining company. Sepon is a Laotian open pit copper mine...Read More

Codelco's copper production and earnings fell in the first nine months of 2018, the Chilean state-owned copper producer said.Codelco produced 1.3 million tonnes of refined copper in the first nine months of the year, a drop of 2% from 1.32 million tonnes in the first nine months of 2017, it said.Including output from its stake in Anglo American Sur and El Abra, it produced 421,000 tonnes of refine...Read More

Brazil's President-elect and former army captain, Jair Bolsonaro, has named a Navy admiral as his Mining and Energy Minister. This appointment marks the eighth member of the armed forces to Bolsonaro's government and the 20th Minister appointed so far.Bento Costa Lima Leite de Albuquerque Junior (60), the current head of Brazilian Navy's nuclear and technology development program, was born in...Read More

The latest metal markets news and price moves to start the North American day on Friday November 30.Most base metals prices ticked higher in morning trading on the London Metal Exchange on Friday November 30, with lead the best performer of the morning.Lead led the complex gains, with the three-month...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe surprise was not in the results themselves from the four-hole program at the unnamed discovery, assumed to be the historic Oak Dam West anomaly.The surprise was that BHP announced t...Read More

Most base metals prices ticked higher in morning trading on the London Metal Exchange on Friday November 30, with lead the best performer of the morning. Lead led the complex gains, with the three-month price rising by 1.65% from the previous day's close to $1,963 per tonne. LME lead stocks have consistently declined since September and was recently at 105,200 tonnes, a fresh 2018-low. Nickel and...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe Toronto-based miner expects to produce more copper over this period than previously expected on the back of refined mine sequencing at Candelaria, in Chile, and an expected early completion of the Eagle East project, in the US.The 2019 copper guidance is expected to range between 199,000 metric tonnes 218,000t in 2019, rising t...Read More