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
"As clean energy initiatives gain traction, greater attention is being paid to the critical roles of various Continue...Read More
"Right now it's being restrained by weakness in gold. But gold is only weak because traders don't Continue...Read More
Twitter recently removed numerous accounts that "undermined faith" in the globalist North Atlantic Treaty Organization, or NATO alliance.Continue...Read More
"If the United States will not remove even convicted sex offenders, whom will it remove?" Continue...Read More
Results lend credence to Newrange Gold's hypothesis that "multiple high-grade zones surrounded by lower grade halos exist over a much broader area" of its Pamlico project. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release that through drilling, it discovered oxide gold mineralization 85 meters (85m) east of the Merritt zone at its Pamlico project in Nevada."It is not yet clea...Read More
Money manager Adrian Day reports on the two largest gold miners, both of which recently reported results, and also comments on how precious metals prices have reacted to other market forces, including Bitcoin, since the first of the year. Gold has seen its worst start to a year in three decades, breaking below its 200-day moving average, reportedly reacting to a higher dollar, higher Treasury yie...Read More
Bunker Hill Mining Corp. reported that silver exploration efforts at the Bunker Hill Mine identified high-grade zinc mineralization that is expected to increase and expand the resource base calculation for the upcoming PEA. Bunker Hill Mining Corp. (BNKR:CSE; BHLL:OTCMKTS) reported in a news release that it has "intercepted strong zinc mineralization over significant widths in the upper levels of...Read More
Here are five Fastmarkets stories you might have missed on Thursday February 25 that are worth another look....Read More
Gold continues to wallow near its recent low price level, near $1765. Silver has continued to trend moderately higher – but still has not broken out to the upside. Many analysts have continued to estimate when and how metals will begin the next wave higher. My research team and I believe we’ve found some answers to these questions and want to share our research.Silver...Read More
Here are five Fastmarkets stories you might have missed on Thursday February 25 that are worth another look....Read More
Just kidding. Warren Buffett’s Berkshire Hathaway may or may not own copper stocks. I did not dig deep enough to find out. For the purposes of this post it does not matter.With the Buffett Buys a Gold Stock! hysterics last summer, the subsequent (and inevitable) fallout and the Buffett Pukes a Gold Stock! resolution, you never know. It’s worth asking the question about what sort of inv...Read More
Lithium-ionis about to take on a lot more significance. This is not about your iPhone anymore. It’s not even just about your electricvehicle. Lithium-ion batteries will power a large part ofour world in the future and are now an important aspect of amulti-trillion-dollar energy transition. That makes the world’s handful of lithium producersnow finally a hot item to...Read More
The rise in bulk freight rates, especially from Asia, has dramatically boosted seaborne steel prices and disrupted South American foreign trade, market participants told Fastmarkets in the week to Thursday February 25.Trader sources have reported a material decrease in vessel availability, especially in China, that led to some steel mills cancelling their offers to the continent. Shipping companie...Read More
Hot-rolled coil prices in the United States continue to hit record highs, with further upside expected, Fastmarkets understands. Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $61.85 per hundredweight ($1,237 per short ton) on Thursday February 25, up by 0.67% from $61.44 per cwt on Wednesday February 24 and 2.62% higher than $60.27 per cwt one week earlier.Inpu...Read More
Prices for steel reinforcing bar in the United States continue to hold steady, but a raw materials-driven upside to the market may materialize in the near future, market participants said.Fastmarkets' weekly assessment for steel reinforcing bar (rebar), fob mill US remained at $39.75 per hundredweight ($795 per short ton) on February 24. US market While overall market sentiment has remained stable...Read More
Here are five Fastmarkets stories you might have missed on Thursday February 25 that are worth another look....Read More
Jacky Gofflot will become chief executive officer at French lead producer Recylex on Monday March 1 when Sebastian Rudow, who has recently resigned, leaves the company.Gofflot was hired in April last year to manage Recylex's battery-breaking sites, the company said, and brought more than...Read More
The rise in bulk freight rates, especially from Asia, has dramatically boosted seaborne steel prices and disrupted South American foreign trade, market participants told Fastmarkets in the week to Thursday February 25.Trader sources have reported a material decrease in vessel availability, especially in China, that led to some steel mills cancelling their offers to the continent. Shipping companie...Read More
The price of aluminium showed a 2.3% rise and held close to its new 2021 high of $2,243 per tonne during trading on the London Metal Exchange on Thursday February 25.The price of nickel was the only one among the base-metals complex to close lower day on day at the 5pm close, being down by 2.6%.Aluminium's three-month price was up to $2,235 per tonne at the close, from Wednesday's 5pm price of $2,...Read More
Attention in the metals markets shifted this week fromsilver to copper and platinum. While big moves in silver and gold prices maybe coming down the road, the monetary metals are currently taking a back seatto electrical and automotive metals.A massive push by the Biden administration to replacegasoline vehicles with electric vehicles is helping to crank up demand forcopper. Anything involving ele...Read More