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
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) posted a record profit of US$434 million for the year ended Dec. 31, 2022, a near tenfold increase over the US$45 million recorded in 2021.Revenue of US$2.15 billion, operating profit of US$1.27 billion and earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$1.39 billion, were also record highs, based on 323,733 tonnes of copper so...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 12.Fastmarkets had change the publication date its London Metal...Read More
Daily Reckoning (via Dollar Collapse), Released on 6/6/22The real headwind for gold and the main reason gold has struggled for the past two years is the strong dollar.Continue... Rickards: The Real Reason Why Gold Has Stumbled added by Herman James on 06/08/2022View all posts by Herman James ?+'Read More
A new Wall Street Journal poll shows Vice President Kamala Harris is one point ahead of former President Donald Trump.Read More
RAPAPORT... Sales at India's Titan Company increased in the first fiscal quarter, but growth was weaker than the jeweler had expected due to challenging conditions in the domestic market.Revenue climbed 16% year on year to INR 52.08 billion ($736.7million) in the three months ending June 30, while profit rose 11% to INR 3.64billion ($51.4 million). Sales were strong in studded and wedding jew...Read More
The London Metal Exchange three-month copper price stood at $7,986 per tonne at 9am on Friday December 18, having surpassed $8,000 per tonne in early morning trading, while the complex on a whole continues to benefit from a low US dollar index and hopes for a US economic recovery stimulus deal. Copper peaked at $8,028 per tonne during early trading, setting a new year-to-date and near eight-year h...Read More
When Jacqueline Hansen from the CBC National News asked me about our take on big US tech stocks, I suggested that recent insider selling in weak FAANG stocks was a warning sign. We address the outlook for FAANG stocks in this week's Insights newsletter. Keeping with that theme, our insider of the week is a FAANG CEO who has been selling. Our clip of the week heads to the gold group which has seen...Read More
Infinico Metals Corp. (INFM:TSX) has announced the commencement of a Helicopter Time Domain Electromagnetic and Magnetic (TDEM) survey at its Nicobi Property, located 160 kilometers northeast of Val d'Or, Quebec. Read how the company sees this project's place in future plans for exploration.Infinico Metals Corp. (INFM:TSX) has announced the commencement of a Helicopter Time Domain Electromagnetic...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 365,38564,83855,608147,717485,458568,710605,904 Change from Prior Reporting Period 2,776-9331,311-1,1492,7862,9383,164 Traders 22563835559312178 Small Speculators LongShortOpen Interest 65,64828,454634,358 -4,763-4,989-1,825 non reportable...Read More
By Ira EpsteinGold sells off as US Dollar soars. https://www.iraepstein.com/ Read More
Two Venezuelans have been charged with smuggling $5 million worth of gold bars inside the nose of an airplaneContinue...Read More
Jack Posobiec - Twitter, Released on 3/21/23We've had only one president in the modern era of the United States who refused to start any new wars And he is the one they are going to indictAre you paying attention yet?- Jack Posobiec ???????, (@JackPosobiec) March 22, 2023 Are you paying attention yet? added by Herman James on 03/22/2023View all posts by Herman James ?+'Read More
The first transaction of the week led to a fall in prices after a Turkish mill booked a mixed steel scrap shipment from the United States, sources told Fastmarkets on Wednesday July 24.Based in the Marmara region of Turkey, the mill bought a US-origin cargo comprising 21,000 tonnes of HMS 1&2 (80:20) at $294 per tonne, 22,000 tonnes of shredded material at $299 per tonne and 2,000 tonnes...Read More
Visit ProChile to Learn More: https://www.prochile.gob.cl/ Chile is a world leader in mining, but expanding beyond its borders ...Read More
US mid-term elections are behind us. Surprisingly,both parties won! How is it possible? Let’s read our article and find out! Wewill also explain what the election results imply for the world and the goldmarket.DemocratsWinThe elections were very interesting. We provide youwith the key takeaways, focusing on the possible implications for the preciousmetals. First, Democrats took control ofthe...Read More
Osino Resources (TSXV: OSI; US-OTC: OSIIF) has outlined the first resource estimate for its Ondundu gold project in Namibia, about 130 km from its flagship Twin Hills project and 270 km northwest of the city of Windhoek.The 10,387 hectare and 100%-owned project, which it acquired from B2Gold (TSX: BTO; NYSE-AM: BTG) in July 2021, is situated in the northern zone of the Damara Orogen, about 15 km n...Read More
Yellow Cake PLC (LON:YCA) has reported a net asset value of 218p per share as at 30 June 2019.The valuation is derived primarily from a holding of 9.2mln pounds of physical uranium, worth US$24.70 at prevailing spot prices, but acquired at an average price of US$21.8 per pound.WATCH: Price pullback gives Yellow Cake good opportunity to acquire additional uraniumThe total portfolio valuat...Read More
Prices for cargoes of steel scrap exported from Japan fell for most grades on Wednesday September 16 following a drop in appetite among South Korean steelmakers and a worsening of the market environment, sources have told Fastmarkets.Several producers in South Korea were undertaking maintenance work in September-October, reducing the requirements for scrap in the country and thus also reducing the...Read More
Turkish steel producers continued to book deep-sea scrap to replenish low stock levels on Thursday January 10, while the finished steel markets were still weak.A steel mill in the Izmir region booked a Baltic Sea cargo, comprising 28,000 tonnes of HMS 1&2 (80:20) at $280 per tonne, 5,000 tonnes of shredded at $285 per tonne and 3,000 tonnes of bonus at $290 per tonne...Read More
The removal of a safeguard duty on imports of steel billet into Egypt earlier this week has resulted in a revival of trading activity in the local market, with various sellers rushing to grasp the opportunity because of unfavorable situations in other areas.The Egyptian Ministry of Industry & Trade suspended the country's 10% safeguard duty on imported billet with effect from Monday November 15.Fo...Read More