The Chinese ferro-silicon market started to decline in the week ended Friday December 21, with market participants holding a bearish outlook due to slow demand, while the European price begins to slide, tracking the Chinese market down. Domestic Chinese ferro-silicon trading started to slide this week on weak demand, market participants said. Fastmarkets MB Chinese ferro-silicon ex-works price, ba...Read More
Prices for grade-II antimony softened in Europe in the pricing week ended Friday December 21 amid a lack of buying appetite, while those for trioxide material were unchanged. In China, grade-II antimony prices were unchanged despite limited trading activity.Chinese market flat amid thin trading activityFastmarkets assessed the price for MMTA standard grade-II antimony, delivered duty-paid, in Chin...Read More
The European Union Council of Ministers has approved 2019 duty-free quotas for a range of aluminium imports whose production within the EU is insufficient to meet demand.These quotas will come into force on January 1, 2019, and will remain in place until December 31 of the same year. They include imports of 2,000 tonnes...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
"This will mean that anyone looking to buy or adopt a puppy or kitten under six months must either deal directly with the breeder or with an animal re-homing centre," Continue...Read More
As many celebrate the Christmas holidays, Double Down talks to Charles Hugh Smith, author of "Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic," about his thoughts on neo-feudalism. Continue...Read More
The White House had already easily met its Christmas controversy quota by shuttering the government, pulling out of Syria and browbeating the chairman of the Federal Reserve during Continue...Read More
RAPAPORT... De Beers and Alrosa have released the dates of theirrough-diamond sales for 2019. Next year, De Beers will not hold a sight inOctober, replacing it with a sight in August instead. Alrosa sales also includegoods from its subsidiaries, Alrosa-Nurba, Severalmaz and Almazy Anabara.De Beers holds 10 sales, or sights, in Botswana every year, atwhich it sells about 90% of its rough suppl...Read More
RAPAPORT... Eurostar Diamond Traders has entered restructuringproceedings in Belgium, having amassed substantial debts, according to the company'scourt-appointed administrator.The Antwerp-based diamond manufacturer owes morethan $500 million to creditors across its global operations, Alain Van den Cloot, a lawyer at de ClippeleAdvocaten, estimated in an email to Rapaport News. Two Antwerp cou...Read More
RAPAPORT... Diamcor Mining's rough-diamond sales rose 62% year on yearto $1.4 million in the third fiscal quarter. The company sold 7,162 carats during the period which ends December 31, for an average price of $196 per carat, it said last week. At its December tender, the last of the quarter, the miner garnered$303,138 from the sale of 1,905 carats, at an average price of $159 per carat.Dia...Read More
(IDEX Online) - Lucapa Diamond Company Limited has declared an $8 million distribution and loan repayment. Of the $8 million, half will be distributed to the partners in the Lulo mine in Angola, with Lucapa receiving $1.6 million in line with its 40% interest. The other $4 million will be a loan repayment to Lucapa. The $8 million payment will come from the cash reserves of SML, the...Read More
(IDEX Online) - Maxim Shkadov, Director General of Russia's Kristall (Smolensk), the largest diamond manufacturer in Russia, is leaving the company to join ALROSA. He will be involved "in the issues of integration of ALROSA and Kristall, the two largest Russian enterprises in the field of production and manufacturing of diamonds," Kristall said in a statement. The integration o...Read More
The following are the best human-interest stories that appeared in The Northern Miner in 2018, as selected by editor-in-chief John Cumming (click on headline to read story in full).Mining titan and philanthropist Peter Munk's lifetime of achievementBy Trish Saywell, April 11, 2018It's an extraordinary story about an extraordinary man who became one of the most legendary entrepreneurs in Canadian h...Read More
Merry Christmas everyone! I know that I promised I would try and get the latest newsletter out before Christmas, alas, I got close to finishing it off but then got caught up with the holiday season… and spirit.It’s been an extremely tough (brutal) year in the markets, and there’s a ton of things to say, but you know, sometimes you just have to find a way to put that aside and re-...Read More
Gold & Gold Stocks are moving closer to a bull market. The stock market is extremely oversold and should rally for a few months, which could coincide with pullback in precious metals. When the market anticipates the first rate cut, the bull in Gold will begin in earnest.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and...Read More
Full Description and comments at: https://www.peakprosperity.com/podcas...The only thing nearly as enlightening as reading David Collum's epic Year In Review is listening to him and Chris Martenson riff about its highlights.Strap in, grab some eggnog, and listen to this year's recap.Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster inte...Read More
California Governor Jerry Brown inherited a $27 billion deficit from Arnold Schwarzenegger eight years ago. This month he's leaving his successor a $13.8 billion surplus and a $14.5 billion rainy day Continue...Read More
"This is going to be the New Deal, the Great Society, the moon shot, the civil-rights movement of our generation," Ocasio-Cortez saidContinue...Read More
RAPAPORT... De Beers and Alrosa have released the dates of theirrough-diamond sales for 2019. Next year, De Beers will not hold a sight inOctober, replacing it with a sight in August instead. Alrosa sales also includegoods from its subsidiaries, Alrosa-Nurba, Severalmaz and Almazy Anabara.De Beers holds 10 sales, or sights, in Botswana every year, atwhich it sells about 90% of its rough suppl...Read More