A stock market rally can never be guaranteed. The past performance of indexes such as the FTSE 100 and S&P 500 shows that they have experienced significant volatility and periods of decline. As such, defensive assets such as gold have proved to be popular among risk averse investors.However, the stock market has delivered high single-digit annual total returns over recent decades, despite its...Read More
Some people are still talking about GameStop. Some are talking about the current price run in cryptocurrencies.Few are talking about a sector that has quietly been making gains over the past few days. While mainstream outlets are talking about the hot stories of the moment, they're missing a story that everyone will know about before long. In Case You Missed It Recent market roller coasters, d...Read More
Feb 15, 2021 Guest(s): Peter Marrone Executive Chairman, Yamana Gold Precious metals are not done rallying in our current economic environment, and in the next bull run, silver is likely to outperform gold said Peter Marrone, executive chairman of Yamana Gold."It's difficult for me to predict where the gold price will be on a short-term basis, but as well, I appreciate there's an element of spec...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 16 that are worth another look.With long-serving chief executive officer Ivan Glasenberg departing on a trade-fueled high, Glencore looks likely to continue along a familiar path while also tackling one of its biggest...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 16.Please click...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 16, 2021 Are politicians better referred to as “fiaticians”? I think so, and the institutional money surge into the private monies of platinum, silver, and bitcoin is making the fiaticians look like stone age cavemen. Please click here now.Ruchir Sharma, chief global strat...Read More
A slight rebound in the US Dollar Index failed to stop rises in the prices for nickel (up by 1% at 5pm), aluminium and copper, but it triggered a slight decrease for the other half of the London Metal Exchange base-metals complex.Nickel's three-month price reached a new year-to-date high of $18,840 per tonne during afternoon trading on the LME on Tuesday February 16, and it was $18,814 per tonne a...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 16 that are worth another look.With long-serving chief executive officer Ivan Glasenberg departing on a trade-fueled high, Glencore looks likely to continue along a familiar path while also tackling one of its biggest...Read More
It was below $1,787/oz at the time of writing, although well above the circa $1,600/oz of 12 months ago.Meanwhile the Bank of England is said to have increased its gold holdings to more than 180.7 million troy ounces, the highest since December 2013.Copper remains around a nine-year high, closing up slightly to $8,424/t on the London Metal Exchange.Nevada Copper (TSX: NCU), which recently raised a...Read More
Although the EBITDA figure was flat year-on-year, earnings in Glencore's metals division rose 31% to $7.3 billion versus 2019 in contrast to its energy division which saw a 73% slump to $1 billion.Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF)is pleased to announce the implementation of its senior leadership transition plan with the appointment of Tim Gabruch as Chief Executive Officer and Director of IsoEnergy. Mr. Gabruch will be taking over the role from Mr. Craig Parry who will step down as President and Chief Executive Officer and continue to serve the Company as a mem...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 16.Please click...Read More
An overview of the chrome ore and alloy markets on Tuesday February 16 and their latest price moves.EuropeReduced availability of supplies continued to support ferro-chrome prices, with strong demand from Asia having diverted material away from Europe. Consumers needing material have had to accept higher offer...Read More
The latest data for the global manganese ore market for the week ended February 15, 2021.Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 16 that are worth another look.With long-serving chief executive officer Ivan Glasenberg departing on a trade-fueled high, Glencore looks likely to continue along a familiar path while also tackling one of its biggest...Read More
Ford Motor Co is the first United States-based automaker to join the Initiative for Responsible Mining Assurance (IRMA), with plans to increasingly rely on mined minerals while it expands its investment in the electrification of its fleet, the company said on Monday February 15.The IRMA provides objective, third-party verification of industrial-scale mines, covering the full range of issues relate...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 16 that are worth another look.With long-serving chief executive officer Ivan Glasenberg departing on a trade-fueled high, Glencore looks likely to continue along a familiar path while also tackling one of its biggest...Read More
Turkish steel producers have extended their absence from the deep-sea scrap markets because they were focusing on finished steel sales, market sources said on Tuesday February 16.The daily scrap indices had risen by more than $22 per tonne week on week after two Turkish steelmakers booked US cargoes at $410 per tonne cfr on an HMS 1&2 (80:20) basis.Since the upturn in scrap prices, most Turkish st...Read More
With China still on holiday, base metals prices on the London Metal Exchange have been consolidating this morning, Tuesday February 16, even though broader markets remain upbeat. Optimism remains high while the market focuses on vaccine-enabled and stimulus-driven recoveriesWhile complacency is a risk, the pent-up enthusiasm from a year of Covid-19 may last a long timeBHP raises its outlook, citin...Read More
Share this article Manganese X Energy Corp. [MN-TSXV; SNCGF-OTC; 9SC2-FSE; SSM-Lima] reported assay results from the fall 2020 diamond drilling program at the 100%-owned Battery Hill project near Woodstock, New Brunswick.The program of 28 holes totaling 4,509 metres was designed to increase the mineral resource in the Moody Hill area and to provide sufficient data to establish a NI 43-101 complia...Read More