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
Is Trilogy Metals' New Copper Project More Than Meets The Eye? Uncover how Trilogy's Bornite PEA connects to the ...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.US hot-rolled coil (HRC) prices performed in line with our expectations in August, with US domestic HRC prices finding a floor in July as forecast before they rose in August. US HRC prices averaged $522 per tonne in August, which compares with our forecast price of $518 per tonne. Based on an improving demand outlook and ris...Read More
The gold miners' stocks just blasted higher to a major decisive breakout this week! Driven by gold's own huge bull-market breakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a game changer, starting to shift long-apathetic sector sentiment back towards bullish. This will increasingly attract back traders, with their buying u...Read More
The study, completed using a US$100 per tonne price, suggests the current 10.4Mt grading 60.4% inferred resource can be recovered from multiple open pits within eight years, assuming a 1.Read More
Bob Moriarty ArchivesFeb 20, 2019Several of my so-called friends have been nagging me for years to write something about the basics of investing in resource stocks. I was quite comfortable with whining about how it was a work in progress and I was thinking about it and someday I intended to actually put pen to paper but they wouldn’t let up. So in the end, I caved and submitted to their brow...Read More
Strengths? The best performing metal for the week was palladium, up 3.66 percent. Palladium reached a fresh record this week, reports Bloomberg, hitting $1,842.76 an ounce and extending this year's rally to 46 percent. Gold also witnessed safe haven buying following Trump's signing of a bill supporting Hong Kong protestors. Despite renewed hopes for a U.S.-China trade pact, hol...Read More
Neal Froneman seems laid-back but he's a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold producer, is driving the precious metals giant into the green energy metal space at a pace that makes your head spin.The South African mechanical engineer has orchestrated four major acquisitions of cobalt...Read More
Trading was quiet in the Turkish deep-sea scrap import markets, with most mills not showing any eagerness to buy material, and a few still bidding below the current offer prices, sources said on Wednesday August 21.A number of steel mills were staying out of the scrap import markets because of the weak demand for finished long steel products and billet, so the pressure on scrap prices was increasi...Read More
Coronavirus concerns remain the top focus for investorsIt's shaping up to be a slow start to the trading day for U.S. stocks, with Dow Jones Industrial Average (DJI) futures trading below fair value this morning. Coronavirus fears continue to linger, hitting global markets overnight, and pressuring futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX), as well. With earnings season slowing...Read More
Adam HamiltonArchives Dec 24, 2020 Silver soared last summer on skyrocketing demand from stock traders stampeding into silver-ETF shares. These huge positions that sure looked speculative initially have largely stayed deployed since, even riding out a silver correction. That implies these holdings are now being viewed as long-term investments. The silver investors' resoluteness is very bullish for...Read More
Stifel has downgraded CNAT, while others issued price-target cutsThe shares of Conatus Pharmaceuticals Inc (NASDAQ:CNAT) are down a whopping 50% in electronic trading, after the drug developer's mid-stage study of a treatment for fatty liver disease failed to meet its main goals. In response, Stifel downgraded the stock to "hold" from "buy," while slashing its price target to $4 from $10. In add...Read More
GDX stock is now very overbought on almost every metric. Traders should look to short VanEck Vectors Gold Miners ETF on any strength.Read full newsRead More
Three-month base metals prices on the LME were mostly lower at the close of trading on Wednesday June 24, with thin turnover a key sign that investor sentiment remains fragile. Nickel's outright price on the London Metal Exchange was worse off this afternoon, falling by 1.26% to close at $12,547 per tonne, its lowest closing price since May 29, while turnover was at just 3,931 lots by th...Read More
This episode's guest is Sal Gilbertie, the CEO and founder of Teucrium Trading, a leader in commodity-focused exchange-traded ...Read More
The past month has been a good one for the G-economy scenario which we characterize as an environment dominated by government-led inflation. However, it is probably too soon to rule out deflation as a potential force that could lead us to a D-economy which is dominated by falling prices as a result of record debt overhang. Today on INK Ultra Money, we hear from former Morgan Stanley market analys...Read More
The price of austenitic alloy steel scrap imported into Europe decreased on Friday February 15 because of lower nickel prices, Fastmarkets has heard.The price of 18/8 steel scrap solids imports was assessed on Friday at ?,?1,000-1,040 ($1,128-1,173) per tonne cif, narrowing downward by ?,?10 per tonne.The modest scale of the price change was related to the fact that nickel prices only began decrea...Read More
Aurex Energy Corp. (Read full newsRead More
(IDEX Online) - Zimbabwe's Mining Minister Winston Chitando said De Beers and Vast Resources will be allowed to explore for diamonds, making them the first listed companies to mine in the country for several years. However, a spokesperson for De Beers told Reuters that it was not mining in Zimbabwe and did not intend to, while Vast Resources said it could not comment. Earlier th...Read More
Live stream the RIO2 Limited (OTCQX: RIOFF | TSXV: RIO) presentation from the December 10-11 Precious Metals & Critical ...Read More