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
Most investors have heard of the GameStop frenzy. GameStop is a brick-and-mortar retail outlet for video games, equipment and accessories.Continue...Read More
Irving Resources reported it has applied for a total of 99 prospecting licenses covering four distinct areas across a large stretch of land on the main island of Japan. Vancouver-based Irving Resources Inc. (IRV:CSE; IRVRF:OTCQX) reported in a news release that its wholly owned subsidiary, Irving Resources Japan GK, "has applied for 99 prospecting licenses covering approximately 337.37 sq. km on...Read More
The entire world of economics has been abandoned without actually admitting it has failed. Even the International Monetary Continue...Read More
Moderna Inc. said it has begun delivering experimental doses of its COVID-19 vaccine to children as part of a study to determine whether it is safe and effective in those as young as 6 months.Continue...Read More
"Some must be sacrificed in the war against the corona," she wrote. "That's the way it is in all wars. This time it may well be me."Continue...Read More
The global steel industry has never been an easy one to navigate but now the onslaught of Chinese steel production has affected many steelmakers around the world, Fastmarkets heard.The surge in Chinese steel exports in the last few years and the expansion of Chinese steel companies into Southeast Asian countries, such as Malaysia and Indonesia, have led many companies to rethink their commercial a...Read More
Today let's check in on Iowa - remember Iowa, "the state that doesn't care if you live or die," according to the Washington Post?Continue...Read More
The US State Department's former lead investigator who oversaw the COVID-19 task force into the origins of the virus believes SARS-CoV-2 escaped from Continue...Read More
One of the world's biggest gold refiners said on Tuesday it had developed a way to quickly Continue...Read More
I discuss 5 potential flaws in a junior mining company. This list helps me narrow my focus to a smaller group of companies with higher odds of success. Companies that have 1 or 2 of these flaws can still be successful and make you money. I'm just sharing what helps me in my research. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the...Read More
Finished steel production at member mills of the China Iron & Steel Association (Cisa) decreased by 10.97% over the March 1-10 period, compared with the preceding eight days, according to data published by the association on March 13.March 1-10 outputCrude steel: 2.27 million tonnes per day, down 2.08%Finished steel: 2.12 million tpd, down...Read More
Brazilian slab and hot-rolled coil producer ArcelorMittal Tubar??o expects to resume operations at its hot-strip mill this week, after the equipment was put under maintenance on Monday March 8."ArcelorMittal Tubar??o informs a stoppage occurred in its hot-strip mill on March 8, 2021, with no impact on safety. The equipment is under maintenance, aiming to...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 16 that are worth another look.Russian metallurgical coal producer Sibanthracite Group intends to ship more than 1 million tonnes of coal in Capesize-class vessels from the Black Sea port of Taman in 2021, it said on March 15.Treatment and refining...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 16.Read More
Many investors sense that the country, and the world, has drifted into uncharted territory.The last year has been extraordinary. There have been COVID lockdowns, a disputed presidential election, and multi-trillion-dollar federal deficits and bailouts. The Federal Reserve has injected more money into markets than ever before.This insanity showed up in the physical gold and silver markets.Bullion d...Read More
Prices for No1 busheling steel scrap in Mexican main markets increased in the week ended on Friday March 12, while upward pressures grew for other grades as well.Buyers continued to increase prices for prime scrap to secure volumes. In rare cases, the material was heard trading above 10,000 pesos ($473) after the second consecutive week of strong buying activity.Prices of obsolete grades, suc...Read More
Since its peak in the spring of 2020, the U.S. dollar index has lost almost 12 percent, and it could decline even further, thus supporting gold prices.There is a weakness in the U.S. dollar. Let’s start off by taking a look at the chart below. As you can see, the broad trade-weighted dollar index has been declining recently. Since its peak in late March 2020, the greenback has lost almost 12...Read More
Domestic prices for hot-rolled coil in Northern Europe have been supported by a material shortage in the market, sources told Fastmarkets on Tuesday March 16.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?792.50 ($943.31) per tonne on March 16, up by just ?,?1.25 per tonne from ?,?791.25 per tonne on Monday March 15.The index was also up by ?,?36....Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 16 that are worth another look.Russian metallurgical coal producer Sibanthracite Group intends to ship more than 1 million tonnes of coal in Capesize-class vessels from the Black Sea port of Taman in 2021, it said on March 15.Treatment and refining...Read More
When considering the prospects for the new Shanghai International Energy Exchange (INE) copper contract, a senior executive at one of the world's largest metals trading companies quoted Hamlet's soliloquy in the Shakespearian play of the same name."In terms of promotion of the internationalization of the renminbi and weakening of the pricing power of the [London Metal Exchange] and CME: 'To be or...Read More