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
MODEST INCREASE IN THE GOLD PRICE BUT WIDE SPREADS "Bulls to the left of me, bears to the right, here I am, stuck in the middle with you..." There's no real consensus among analysts about the direction and price of gold in this year's survey. While the average of all forecasts suggest a modest 1.8% gain for gold, this figure is somewhat overshadowed by a $325 trading range. While gold is appare...Read More
Chile's economy surged in the fourth quarter as increases in mining output and investments set the stage for continued growth going forward.Gross domestic product grew 1.3 percent in the fourth quarter, up from a revised 0.2 percent expansion in the three months through September. The economy expanded 3.6 percent from the fourth quarter of 2017 and 4 percent for the full year of 2018, the central...Read More
Elon Musk’s $44 billion purchase of Twitteris being hailed as a victory for free speech. Musk vows to make changes to thesocial media platform that will make it a true “digital town square” wherepeople are free to speak their minds, even if others take offense.Of course, not everyone is excited aboutthe prospect.“Biden officials worry Musk will allowTrump to return to Twitt...Read More
Win Up To 93% Of Trades With The #1 Most Profitable Trading Indicators https://bit.ly/savvyprofitableindicators Tired of ...Read More
Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan. Argonaut Gold also anticipates completing a prefeasibility study on Cerro del Gallo, an advanced project in...Read More
When I first launched Junior Mining Monthly, it was predicated on the idea that governments around the world were spending at an unsustainable pace, that the general public would soon start adding and subtracting the numbers and come to the conclusion that there needed to be a change.I then speculated that volatility would ramp up as a result of geopolitical and monetary turbulence that would be m...Read More
Aug 24, 2023 Join CEO Ian Bliss for a brief presentation where he will outline the recently announced drilling program at the ...Read More
A court decision has paved the way for Vale to completely resume operations at its 30-million-tonnes-per-year Brucutu mine, in Brazil's southeastern state of Minas Gerais.But the miner - the world's biggest iron ore producer - is maintaining its sales guidance for the steelmaking raw material despite this latest development, due to bad weather affecting production at its Northern System."The Minas...Read More
Even though the Fed has not yet cut rates and the money supply is shrinking, gold is hitting all-time highs. "Gold is money," says ...Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreBeijing Iron Ore Trading Center (Corex), 20,000 tonnes of 61.82% Fe Pilbara...Read More
Sellers of seaborne coking coal appear to be less willing to sell to the Chinese market, with cargoes of premium products fetching a higher fob Australia price than cfr China ones.A November-laycan cargo of a top Australian brand was traded at $219.50 per tonne cfr China while a December-laycan shipment of the same product changed hands at $220 per tonne cfr China. The last transaction involving t...Read More
When will the strong dollar weaken? Ultimately, the answer is whenever the Treasury wants.When the Treasury is not overly concerned with the dollar, market forces can prevail to raise or lower the exchange rate compared with euros, Swiss francs, yen or any other currency.Sometimes, other central banks intervene to raise or lower their currencies relative to the dollar and the U.S. does not seem to...Read More
Seaborne iron ore pellet prices dipped for the third consecutive week on Friday October 26, on limited demand from China according to market participants.Fastmarkets' MB 65% Fe Iron Ore Pellet Index (MBIOI-PT) was $152.47 per tonne cfr China on Friday, down by $3.16 per tonne from a week earlier.The fall in the MBIOI-PT is based on the visible market activity detailed below.A 65% Fe Indi...Read More
China's ferrous futures fell during morning trading on Monday October 29 after the central Chinese government voiced its objection over what it considered to be indiscriminate restrictions to cut emissions.Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,168 yuan ($600) per tonne, down 34 yuan per tonneJanuary hot rolled coil: 3,854 yuan per tonne, down 41 yuan p...Read More
Dive into the state of Canadian real estate with lawyer Mark Morris from Legal Closing, as we explore what's happening on the ...Read More
Silver Mines Ltd (ASX:SVL, OTC:SLVMF) MD Tony McClure tells Proactive the company has identified bonanza-grade silver ...Read More
Blue Horseshoe Ventures launches their new capital-raising platformSPONSOREDblue horseshoe ventures pty limitedAdvancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThough mining and metallurgical operations in Montana, US were largely unaffected by th...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed...Read More
Key data from Fastmarkets' pricing sessions in the week to Friday January 29 in China, Europe and the United States.China Spot ferro-silicon prices narrowed upward by 200-300 yuan ($31-46) per tonne amid little liquidity due to a supply shortage, while sentiment strengthened after many mills raised their tender prices for February-delivery ferro-silicon. Hesteel, China's second-largest steel mill,...Read More
Blockworks Macro, Released on 4/24/23 (Recorded on 4/21/23)Ultra short-term Treasurys have rallied so much that the 1 month bill now yields over 150 basis points less than similar instruments at the Federal Reserve. Jeff Snider, chief strategist at Atlas Financial and host of Eurodollar University, joins Jack Farley to discuss. Filmed on Friday, April 21, 2023.00:00 Intro04:30 Money Is Getting Her...Read More