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
The president and chief executive officer of Toronto-based AlphaNorth Asset Management says his positive outlook on 2024 has not changed. In fact, it could be a great year for small caps.We talked to Steve Palmer, the president and chief executive officer of Toronto-based AlphaNorth Asset Management, to get his take on the coming year last fall.As 2024 dawns, Streetwise Reports checked in with him...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade.Salesforce.com added $4.35 to$139.13 after the company announced a 10% reduction in its staff.Microsoft dropped $5.37 to $234.20 after UBS downgraded the stock from Buy to Neutral.Target dropped $2.73 to $149.00 after Wells Fargo downgraded the stock from Overweight to Equal Weight.Cornin...Read More
Banyan published a 4 million ounce resource update in May and with 60,000m in its drilling plan for this year, management believes the resource will number 6-8Moz by the fall, the next time it isRead More
Teck Resources has trimmed its 2021 production guidance figures for refined zinc and concentrate and said that its copper concentrate shipment timing had been affected by wildfires and logistics disruptions in its home region of British Columbia, Canada.The company now expects its Trail operations to produce 285,000-290,000 tonnes of refined zinc in 2021, down from 290,000-300,000 tonnes previousl...Read More
Naranjillo project. Credit: Plata Latina Mexican silver major Fresnillo has exercised its option to purchase the Naranjillo property from Vancouver's Plata Latina Minerals (TSXV: PLA). Naranjillo is a grassroots epithermal silver discovery located in the Mexican Silver Belt, approximately 35 km southeast of the Guanajuato mining district. Plata Latina also controls three other exploration ready p...Read More
Turkish steel scrap prices fell sharply again as expected on Wednesday January 27, after a newbooking from the UK, sources told Fastmarkets.A steel mill in the Izmir region booked a UK cargo, comprising 9,500 tonnes of HMS 1&2 (80:20) at $408 per tonne and 14,000 tonnes of shredded at $419 per tonne cfr late on Tuesday January 26.The most recent previous booking to Turkey was from the Ba...Read More
British steel scrap suppliers have mostly settled monthly delivery prices for steel scrap to domestic consumers in May at levels last seen nine years ago, amid relatively tight supplies and strong demand in both the local and export markets, sources said this week.Suppliers have managed to generally agree an increase of ?15 ($21) per tonne for steel scrap grades delivered into steelmakers in the...Read More
Brixton Metals (TSXV: BBB) has entered a joint venture agreement on its wholly owned Hog Heaven project with High Power Exploration (HPX), a privately owned mining company led by billionaire and Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) founder Robert Friedland.The Hog Heaven project is an advanced stage silver-gold-copper-lead-zinc deposit with historical production located in Flathead County, Mont...Read More
Gold rallied thanks to the changed narrative on inflation, and Biden’s infrastructure plan can only add to the inflationary pressure. Huge price moves ahead?I have a short quiz for you! What the government should do to decrease inflation that reached the highest level in 30 years?A) Decrease its expenditure to make room for the Fed to hike the federal funds rate.B) Press the US central bank...Read More
Hercules Site Services PLC (AIM:HERC) CEO Brusk Korkmaz and chief financial officer Paul Wheatcroft talked with Proactive's ...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: Capped by oversupplyA lack of a meaningful supply adjustment to the Covid-19 demand hit is keeping the aluminium physical market oversupplied and weighing on prices, limiting the success of more buoyant macro and technical forces on prices. Our premium forecasts are under review in light of threats from the U...Read More
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CMG options are affordably priced at the moment, tooIt's been almost over a month since we last checked in with Chipotle Mexican Grill, Inc. (NYSE:CMG), when analysts were piling on the bull notes ahead of earnings. A lot has gone down since then, but the song sounds the same for Chipotle stock, as the analyst community remains skeptical.According to Schaeffer's Senior Quantitative Analyst Rocky...Read More
"#HotChili is one of the top ASX listed copper developers with an advanced Chilean coastal range portfolio and a resource base of 1.5Mt copper and 1Moz gold already established at its Productora project.Want to know more? Join us & #HotChili at #MJSSydneyhttps://t.co/9KSR6e1UiX"Read full newsRead More
Manganese ore prices are overheated compared with production costs and manganese alloy prices, making them prone to a decline next year, panelists said at Fastmarkets' 34th International Ferro-alloys conference in Lisbon this week. Manganese ore prices have trended higher since May this year. Fastmarkets MB's 44% manganese ore index was last calculated at $7.13 per dry metric tonne unit dmtu,...Read More
Follow Jimmy Connor: LinkedIn: https://www.linkedin.com/in/jimmyconnorofficial/ X (@jamesconnor1999): ...Read More
ABC News (via Yahoo), Released on 9/22/22New Jersey public school students will be the first in the country required to learn about climate change while in the classroom starting this school year.Continue... New Jersey becomes first U.S. state to require climate change curriculum in schools added by Herman James on 09/22/2022View all posts by Herman James ?+'Read More
Here are five Fastmarkets stories you might have missed on Thursday December 24 that are worth another look.The United Kingdom and European Union have reached an agreement on a trade deal that will ensure tariff-free trading of most goods between the country and the bloc after December 31 when the withdrawal...Read More
Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsB2Gold produced 1.03Moz in 2022. The C$1.Read More
"I'm not afraid of the state, I'm not afraid of the federal government," Strickland says. "I spent most of my adult life fighting in Iraq and Afghanistan. I have no problem coming home and fighting here in Virginia."Continue...Read More