"The government has formally and officially come out and informed Congress that these things are - A, they're real - and two, thatContinue...Read More
A Research Capital Corp. report discusses how Spanish court decisions affect Emerita Resources and why it believes the company is an excellent vehicle for investors to gain exposure to very promising base metal projects in Spain. In a June 24 research note, Research Capital Corp. analyst Adam Schatzker reported that previous decisions in the Spanish courts related to the tender process for the Az...Read More
The European ferro-titanium and titanium scrap markets may be set to push higher in the coming months after news that Russia will impose an export tax on ferro-alloys between August 1 and December 31 this year, according to industry sources.Europe imported around 1,500 tonnes of ferro-titanium per month on average from Russia in the past three years, including Scandinavia and Turkey, with 1,700-1,...Read More
Home prices are surging, making some investors worry about the housing market. These fears seem to be exaggerated, but bubble-like conditions are widespread.House prices are surging. As the chart below shows, the S&P/Case-Shiller U.S. National Home Price Index has reached 239 in February 2021, the highest number in history and about 30% higher than during the 2006 peak. What’s more, the...Read More
When gold stock bulls complain about a “smack down”, a “hit” or a “smash” against the poor gold stock sector what they should be thinking about is what a relatively small market the gold stock universe is compared to the multitude of galaxies populated by cyclical and risk on stocks and commodities and the massive bond market. The gold stock sector’s noise...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday June 29 that are worth another look....Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday June 29 that are worth another look....Read More
Ferrous scrap prices in Mexico's steelmaking regions of Monterrey and Baj?-o were mostly stable week on week while demand remained high, according to several sources.Few changes were reported during the past week, with prices appearing to stabilize at currently high levels. There were reports of some buyers adjusting their prices upward for some grades in the region near the northeastern Monterrey...Read More
Prices for steel billet exports from the Commonwealth of Independent States softened early in the week started Monday June 28 due to a lack of support from buyers.Russian suppliers mostly continued to stay away from the market, with no fresh offers placed yet following news last Friday of the planned introduction of an export duty on steel products from August 1.The duty's base rate will be 15%, w...Read More
Export prices for steel rebar and wire rod from the Commonwealth of Independent States softened in the week ended Tuesday June 29 with the market under pressure from the introduction of a duty on steel product exports from Russia, as well as the extension of safeguard duties in Europe."The introduction of an export duty in Russia is an unprecedented event, and it will now take time to understand w...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday June 29 that are worth another look....Read More
Silver is showing considerable strength, and manipulators are...Gary Savage on Palisades Gold RadioTom welcomes a new guest to the show, Gary Savage. Gary is a Retired Entrepreneur and Investor. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.caTechnical Analysis can be complex when markets move in surprising ways due to manipulation, but the long-t...Read More
Sure, there will be a few sellers who might decide to sell ten ounces of silver to buy a new car...By Robert (Bobin) Zee of EddietheMechanicSilver has only three futures. One, obviously, is to stay the present course and reap the consequences of unrelenting and alleged persistent price manipulation and suppression by bullion banks and futures trading organizations. These organizations are referred...Read More
All prices on the London Metal Exchange except for copper finished the day on June 29 at higher prices than Monday, with lead showing the biggest gains and setting a new year-to-date high, and aluminium up by 2.5%.Copper was the only price to close lower on Tuesday, falling 0.6% to $9,334.50 per tonne from Monday's $9,388 per tonne. The three-month price of lead rose by 3.2% to $2,305 per ton...Read More
Iron ore prices fell amid Chinese emissions restrictions and depressed market sentiment on Tuesday June 29, with the ongoing rainy season in southern China also dampening demand, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $212.33 per tonne, down $6.29 per tonne62% Fe low-alumina fines, cfr Qingdao: $214.94 per tonne, down $5.83 per tonne58% Fe fines high-grade...Read More
The seaborne premium hard coking coal price stayed large stable in the cfr market because most market participants adopted a wait-and-see attitude on Tuesday June 29, market sources said, while the price of premium hard coking coal fob DBCT inched higher on buying interest.Fastmarkets indicesPremium hard coking coal, fob DBCT: $184.92 per tonne, up $1.10 per tonnePremium hard coking coal, cfr Jing...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Proposed changes to Chile’s mining royalty regime will not have a drastic impact on the country’s production landscape in the near-term.However, analysis from global natural resources consultancy Wood Mackenzie, a Verisk c...Read More
RAPAPORT... Burgundy Diamond Mines will open a cutting and polishing facility in Australia to manufacture colored diamonds from its Ellendale project, as well as those of third-party suppliers.The new factory will also include grading facilities, Burgundy said Tuesday. The miner, which bought the joint Ellendale and Blina deposits in Australia from Gibb River in March, plans to launch a focused br...Read More
RAPAPORT... Sotheby's and Christie's will open "pop-up" exhibitions in Monaco during the summer that will offer clients an assortment of luxury goods.The new private sales gallery from Sotheby's - its first in Europe - will be open from July until October, featuring a constantly rotating assortment of items, the company said last week. Art will be the main focus, appearing alongside other luxury p...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Copper will play a pivotal role in the energy transition. Aluminium may be an abundant and cheap competitor for electrification applications, but carbon footprint issues for primary metal may give copper the edge. Ultimately that poin...Read More