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
Now that Klaus Schwab has put the Climate as part of Continue...Read More
Yesterday, reporters at the Washington Post provided important new information about the insidious machinations of high frequency traders' efforts to rig Continue...Read More
"Tonight we learned that the Joe Biden administration is releasing thousands of foreign nationals living here illegally into American neighborhoods without bothering toContinue...Read More
Inflation is finally coming back. That's the message that global markets from U.S. and European bonds to stocks and commodities are sending. Continue...Read More
The average yield on U.S. junk bonds fell below 4% for the first time ever as investors seeking protection from ultra-low interest rates Continue...Read More
The cost of steel billet imported into Southeast Asia continued to decline over the past week, with sellers able to attract some buyers with lower offer prices, market participants told Fastmarkets on Tuesday February 9.Billet consumers in Southeast Asia have been largely absent from the market in recent weeks, but the most recent drop in offer prices has stimulated greater interest on the bu...Read More
Outcrop Gold discovered five shoots in the past year at its Santa Ana project and is aiming to find more this year. Outcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCPK; MRG1:DB) has had a busy year exploring its Santa Ana project in the Mariquita District of Colombia, where mining records go back to the 1500s. According to the company, "the Mariquita District is the highest-grade primary silver district i...Read More
Peter Krauth, editor of Gold Resource Investor, explains why corporate America is beginning to see gold as a necessary reserve asset. Federal Reserve BuildingYellen is Treasury Secretary. Powell is Fed Chair. And Sanders is head of the Senate Budget Committee. Most of the time, it's impossible to tell the future. But there are exceptions. Right now, there's no room left to read between the lines...Read More
Peter Epstein of Epstein Research discusses this newly listed company with "two 100%-owned, potentially world-class copper porphyry projects in Peru." Flor de CobreThere's been a tremendous amount of attention on gold juniors over the past year, and rightfully so. Gold at $1,846/oz is up +27% from 2020's March low (down from an all-time high of $2,070/oz. last summer). Silver is up even more. How...Read More
Maurice Jackson of Proven and Probable sits down with Dr. Eric Jensen, CEO of prospect generator EMX Royalty, to discuss the company's new option agreements on five battery metal projects in Scandinavia, as well as its other projects. Maurice Jackson: Joining us for a conversation is Dr. Eric Jensen, the general manager of exploration for EMX Royalty Corp. (EMX:TSX.V; EMX:NYSE.American), the roya...Read More
Newrange Gold plans an induced polarization geophysical survey of the primary target at North Birch. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) started a winter exploration program at its North Birch project east of Red Lake, Ontario, it announced in a news release. Line cutting for an induced polarization geophysical survey is underway, the company reported. Once completed, the survey will be co...Read More
Aurania Resources intends to drill test two outcrops on the northwestern margin of the Tiria-Shimpia target at Lost Cities-Cutucu. Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) announced in a news release it chose drill targets to test the high-grade silver zones of the Tiria-Shimpia silver-gold target at its Lost Cities-Cutucu project in Ecuador."Intensive geological mapping in the region of T...Read More
With silver prices recently hitting an eight year high, Greg McCoach, Peter Megaw and Jorge Ramiro Monroy discuss the current silver market and talk about Mexico's flourishing silver mining industry and Reyna Silver, an explorer with several exploration projects. In a StreetSmart Live! Broadcast on Feb. 4, 2021, Greg McCoach, publisher of The Mining Speculator; Jorge Ramiro Monroy, CEO of Reyna S...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 9 that are worth another look.Australia's Port of Port Hedland shipped 4% more iron ore in January compared with a year earlier, though shipments were lower than those made in December, data from the Pilbara Ports...Read More
Hot-rolled coil prices in the United States slipped from an all-time high while market participants debated whether the rally had run its course.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $58.96 per hundredweight ($1,179.20 per short ton) on Tuesday February 9, down by 0.47% from a record $59.24 per cwt on Monday February 8. Still, the current price is up by 1.99...Read More
Ferrous scrap prices in Mexico largely declined in the week ended on Friday February 5, with buyers struggling to reduce their purchase prices.Mexican steel producers attempted to secure price cuts in their purchases of the steelmaking raw material, of around 200-300 pesos ($10-15) per tonne, in both regions during the week. But many higher-volume trades were heard at stable prices.Fastmarket...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 9.Please click...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 9 that are worth another look.Australia's Port of Port Hedland shipped 4% more iron ore in January compared with a year earlier, though shipments were lower than those made in December, data from the Pilbara Ports...Read More
Hong Kong Exchanges & Clearing Limited (HKEX) has appointed Alejandro Nicolas Aguzin as its new chief executive officer, effective May 24, 2021. Aguzin will serve a term of three years until May 23, 2024, subject to the approval of the Securities and Futures Commission. Aguzin will also become an ex-officio member of the HKEX board of directors on the same day. HKEX is the owner of the London Meta...Read More
Base-metal prices on the London Metal Exchange rose across the board on Tuesday February 9, with copper showing the most marked increase of 1.4%, given the continued fall of the US Dollar Index.Meanwhile, attention to the Chinese New Year holiday, February 11-17, seemed to be taking a back seat.The Dollar Index came to 90.55 on Tuesday at 5pm, having bottomed at 90.50 throughout trading, its lowes...Read More