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
It's like the whole thing never happened, leaving nothing but sleep deprivation in its wake. The lesson? Actually, there are several...by John Rubino of Dollar CollapseFor just a little while - literally a couple of days - silver stackers saw the light of sudden riches at the end of the tunnel. The Reddit/Robinhood hoards had noticed that the metal was cheap and blatantly manipulated, and therefor...Read More
Money manager Adrian Day provides updates on some of the resource companies in his portfolio and says he is buying little, but is ready to buy on pullbacks. Franco-Nevada Corp. (FNV:TSX; FNV:NYSE, US$113.69), following most of its royalty peers, pulled its guidance for both GEOs (gold-equivalent ounces) and energy. Cobre Panama, which had been ramping up well and accounted for 15-20% of its previ...Read More
JSW Steel Italia, part of Indian steelmaker JSW Steel, plans to resume liquid steel production at the former Aferpi mill in Italy by 2025 via construction an electric-arc furnace (EAF) with financial support from the Italian government, Fastmarkets has learned.Representatives of JSW Steel Italia earlier this week presented an industrial plan for the Piombino, Italy-based mill, formerly k...Read More
Tata Steel and and Tata Power, two companies of the Tata Group, have agreed a Power Purchase Agreement (PPA) for solar power to be installed in Jamshedpur and Kalinganagar, the company announced on Friday October 29.The two companies have signed a 25-year PPA to set up the 41 megawatt(MW) solar project, which will be a combination of rooftop, floating and ground mounted solar panels, it said....Read More
Physical iron ore trading slowed on Tuesday April 30 ahead of the May Day holiday in China on May 1-4, while prices strengthened on news of production restrictions on mills in Tangshan.MB 62% Fe Iron Ore Index: $94.17 per tonne cfr Qingdao, up $0.12 per tonne. MB 62% Fe Pilbara Blend Fines Index: $93.20 per tonne cfr Qingdao, up $0.37 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $97.27 per ton...Read More
Trend for gold and silver is very bullish. It is just a technical trade. I do not think that events in Middle east has any bearing to current firmness in gold and silver price rise. There is short covering at the moment. Gold price in almost every nation is at a historical high. I do not think 2019 returns in gold and in Asian currencies will be repeated over the next few years. 2020 gold return...Read More
The three-month nickel price on the London Metal Exchange continued to fall on Tuesday August 20, ending the day down by 0.3% at the afternoon kerb to $15,860 per tonne, compared with Monday's close at $15,920 per tonne.The LME's nickel inventory volumes stayed flat during the day's trading. The September/three-month spread was in a backwardation of $40 per tonne and the cash/three-month spread in...Read More
Peter-Grandich of Peter Grandich & Co. shares his thoughts on gold and uranium in 2024, and also speaks about the health of the ...Read More
"Horizonte Minerals (#HZM) completes $25m royalty transaction with Orion Mine Finance and subsequent drawdown of funds.Orion has provided $25m for a 2.25pc royalty on Araguaia ferronickel project, Brazil.Funding to advance pre-construction work streamshttps://t.co/VBav4uRdny"Read full newsRead More
Even after these mines come back online, the damage already done to the global economy will continue to...by Steve St Angelo of SRSrocco ReportAccording to a new report released by GlobalData, the global contagion impacted silver production the most while gold mine supply fared the best. The two largest silver producing countries, Mexico and Peru, have issued temporary shutdowns lasting nearly t...Read More
"Yamana Gold, Glencore and Goldcorp Enter Into an Agreement for the Integration of Agua Rica and Alumbrera https://t.co/JLVcpUr9jw"Read full newsRead More
The latest forecasts from Fastmarkets' team of analysts are ready to view.In the iron ore market, supply issues including heavy rains at the start of the year, followed by staffing problems during the Covid-19 pandemic, have affected exports from Brazil. This has helped Australia gain a larger market share, but since June, Brazilian export volumes have returned to levels last seen before the...Read More
RAPAPORT... Lucapa Diamond Company's output rose in the third quarter,as the miner fully transitioned to the higher-grade portions of it Mothae andLulo deposits. The miner recovered 7,007 carats from its Mothae mine inLesotho during the three months ending September 30, exceeding its plan by 30%, itsaid last week. Sales of 4,412 carats from the site, which began commercialproduction in Decemb...Read More
RAPAPORT... US consumers are planning to spend 4% more this holidayseason, as shoppers between the ages of 18 and 34 expand their circle of giftrecipients, according to the National Retail Federation (NRF). "Younger consumers are helping drive the spending increasethis year," Phil Rist, executive vice president of strategy at ProsperInsights, which ran a survey with the NRF, saidlast we...Read More
"$SNAP - Snap: Gaining More Market Share In Video Advertising. Sign up for updates on Seeking Alpha! https://t.co/f7KBSXtU8N #stocks #investing #trading"Read full newsRead More
Seaborne coking coal prices gained some strength on Monday August 26, in line the expectations of some segments of the market last week.Fastmarkets indicesPremium hard coking coal, fob DBCT: $154.28 per tonne, up $0.61 per tonnePremium hard coking coal, cfr Jingtang: $166.25 per tonne, up $0.13 per tonneHard coking coal, fob DBCT: $138.76 per tonne, unchangedHard coking coal, cfr Jingtang: $153 pe...Read More
Iron ore prices went fell on Thursday May 27, due to limited demand in the seaborne market and at Chinese ports.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $189.73 per tonne, down $3.14 per tonne62% Fe low-alumina fines, cfr Qingdao: $190.90 per tonne, down $3.59 per tonne58% Fe fines high-grade premium, cfr Qingdao: $162.38 per tonne, down $2.64 per tonne65% Fe Brazil-origin fines, cf...Read More
Gold stocks and gold prices are the ultimate hedge against the negative effects of inflation. This has proven to be true many times over. And this is ultimately relevant today, as we climb our way out from the long and difficult COVID-19 pandemic. Without further ado, here are two gold stocks to buy as inflation heats up: Agnico-Eagle Mines (TSX:AEM)(NYSE:AEM) and Barrick Gold (TSX:ABX)(NYSE:GOLD)...Read More
Xplore Resources (TSXV:XPLR) has launched its campaign on the Investing News Network.Read full newsRead More
Liberty and Finance, Released on 4/29/23First Republic will likely be gone by Monday. Someone will take the hit for the tens of billions of dollars uninsured in the bank, says Marine, naval aviator, and financial author Bob Moriarty. And the collapse of the bank could create contagion that puts the $500 trillion derivative bubble at stake, he says. 0:00 Intro1:00 First Republic collapse14:40 Conta...Read More