Under the plan to double capacity to 400,000 tonnes per annum, the mine that produced a record 47,237 gold-equivalent ounces in 2018 would increase to an average 120,000oz Au-eq annually over 13Read More

South African state power utility Eskom has implemented load shedding for the first time this month amid lingering power constraints, sparking predictions of ferro-chrome price spikes if the situation deteriorates. Load shedding - controlled power outages - were last implemented in mid-February and were reported to have affected large industrial power users, including ferro-chrome smelters. After...Read More

Exchanges have an important role to play in the growing push for the use of Environmental, Social and Governance (ESG) criteria in investing, the chief executive officer of the London Metal Exchange said. Matthew Chamberlain said that the lack of a global regulatory body policing ESG criteria meant that sometimes it falls to exchanges and other market infrastructure players to step up and use thei...Read More

By: IRA EPSTEINGold at 18-DMA. Bearish momentum being lost. Gold price figuring out what to do next:Read More

Boeing has bounced very precisely from the 363.20 midpoint pivot shown, validating the pattern and its very bearish 'D' target at 323.72. This means that if and when the bounce from today's low sputters out and the stock relapses beneath 363.20, it could fall all the way to 323.72, or 14%, in search of traction. The secondary pivot at 343.46 would become our minimum downside objective at that...Read More

By: Stefan Gleason, In a once rare property crime now trending higher around the world, thieves are stealing precious metals from automobiles.These opportunistic criminals don't bother rummaging through glove compartments in the hope of finding stashed jewelry or gold coins. Instead, they go for the near certain score of exposed catalytic converters.A car's catalytic converter is attached to its...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

* Lawmakers vote to seek Brexit delay * Traders now preparing for third vote on deal next week* Sterling swings wildly in unpredictable week * Graphic: World FX rates in 2019* Graphic: Trade-weighted sterling since Brexit vote (Writes through after parliamentary votes, adds quotes)By Tommy Wilkes and Sujata RaoLONDON, March 14 (Reuters) - Sterling retreated on Thursdayas investors prepared for Pri...Read More

UK ferrous scrap prices for deliveries in March have been settled at values unchanged from the month before, with higher export prices and steady domestic British demand supporting the move, trade sources told Fastmarkets on Thursday March 14.The sideways moves in UK prices consolidate a jump of ?20 per tonne in February. This came after European export prices to key destination Turkey rallied by...Read More

Turkish steel producers have continued their bookings of deep-sea scrap cargoes with prices remaining stable, sources said on Thursday March 14.A steel mill in the Marmara region booked a European cargo, comprising 25,000 tonnes of HMS 1&2 (75:25) at $317 per tonne and 5,000 tonnes of bonus at $331 per tonne cfr.The same mill...Read More

Goldcorp's Cerro Negro Mine in southern Argentine. Miners inside the Eureka vein Photo courtesy Goldcorp Inc.Goldcorp Inc. [G-TSX, NYSE-GG] said Thursday that operations have resumed at its Cerro Negro mine in Argentina following a work stoppage which began on March 8, 2019.The company previously said it had ceased mining at Cerro Negro because of an illegal work stoppage by the AOMA mining union....Read More

Import prices for steel billet in Southeast Asia moved up on Thursday March 14, amid an uptick in trading activity and higher scrap values, market participants said.Fastmarkets' daily import price assessment for billet in Southeast Asia was $485-495 per tonne cfr Manila on Thursday, up $5 per tonne from $480-490 per tonne cfr on Wednesday. Numerous deals involving Malaysian billet were concluded i...Read More

* GRAPHIC-2019 asset returns: (Adds closing prices, updates trade war)By Zandi ShabalalaLONDON, March 14 (Reuters) - Copper prices dropped onThursday as industrial output in top metals consumer China fellto a 17-year low in the first two months of 2019, while LMEstocks of the metal used in power and construction rose.Other Chinese data showed a mixed picture as the joblessrate climbed but property...Read More

David SidooEast West Petroleum Corp. [EW-TSXV] reported Thursday March 14 that David Sidoo is no longer the company's President and Chief Executive Officer. The move follows the announcement that East West has cancelled its annual shareholders meeting, which was scheduled for March 15, 2019 in Vancouver.An announcement regarding a new date will be forthcoming, the company said in a March 12, 2019...Read More

The United States copper market failed to hold onto previous gains during morning trading on Thursday March 14, with weaker-than-expected Chinese data capping the base metals space.The copper price for May settlement on the Comex division of the New York Mercantile Exchange dipped 4.30 cents to $2.8925 per lb. Data released by China's National Bureau of Statistics (NBS) at around 10am Shangha...Read More

Three-month base metals prices on the London Metal Exchange were mixed this morning, Thursday March 14, with copper, nickel, lead and zinc down by an average of 0.4%, while lead and tin were up by 0.1% 0.4% respectively.Three-month copper was recently quoted at $6,444 per tonne, down by 0.3% compared with Wednesday's close at $6,466 per tonne.Volume was below average, with 5,913 lots traded on LME...Read More

The hottest cannabis market on the planet right now is the U.S.With so many states on the cusp of legalization, savvy investors are getting in the game now - before the federal government lifts the prohibition on cannabis. Which, by the way, is about two years away.It's also worth noting that Puerto Rico is looking more and more lucrative, too.Although not a state, this U.S. territory is becoming...Read More

The Thursday Market Minute Wall Street futures suggest modest declines in cautious Thursday trading amid reports of a delay in the planned trade summit between Presidents Trump and Xi.European stocks hit a five-month high after UK lawmakers vote to remove "hard Brexit" risk, but significant uncertainty over the government's next steps, and today's vote on a Brexit extension, keep gains in c...Read More

Newmont Mining Corporation (NYSE: NEM) is a leading gold and copper producer, founded in 1921, with operations currently in the United States, Australia, Ghana, Peru and Suriname. We learned from Omar Jabara, Group Executive for communications, about the combination with Goldcorp Inc. that was announced in January and is expected to close in the 2nd quarter of 2019, to create world's leading gold...Read More

China's domestic hot-rolled coil prices mixed on Thursday March 14 with those in the eastern region slipping while the northern market held steady. The export market strengthened with deals being concluded at higher prices. DomesticEastern China (Shanghai): 3,830-3,850 yuan ($571-574) per tonne, down 10 yuan per tonneNorthern China (Tianjin): 3,760-3,780 yuan per tonne, unchanged Sellers in easter...Read More