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
Barksdale Resources Corp. is pleased to announce the appointmentRead full newsRead More
The earnings season has just been concluded and several companies continue to remain cautious about the near term. Investors were reminded of the potential troubles that can be expected in the first half of 2021. There is a good chance that stock markets might crash once gain given the high unemployment rates and falling GDP numbers.The second wave of coronavirus infections in North America and Eu...Read More
Gold and gold miners like Barrick Gold (TSX:ABX)(NYSE:GOLD) are great buys when prices are low, and everybody on Wall (or Bay) Street is happy and discounting the potential risks that lie ahead. Like insurance products, you should seek to gain gold exposure on the cheap before a disaster strikes. With the COVID-19 pandemic in full force, with a chance of a severe double-dip recession, gold has bee...Read More
What do you think the big global challenges of the 2020s will be?Extreme weather events brought on by climate change will be something nations have to deal with.Likewise, economic recovery following the pandemic is going to be a priority for pretty much every nation on the planet.Finally, many countries will continue to struggle with their changing cultural identities as political divides worsen a...Read More
Dec 08, 2020 Guest(s): Jim Rogers There's simply too much money injected into the monetary system by central banks to allow a sizeable bear market to take place soon, said Jim Rogers, investor and chairman of Rogers Holdings."Many stocks in the U.S. are down in 2020. There are a few stocks that are going through the roof every day. Some parts of the U.S. market are developing a beginning of a b...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
The base metals complex on the London Metal Exchange showed mixed fortunes at the 5pm close on Tuesday December 8, with zinc, lead and nickel holding on to gains while aluminium fell below the $2,000 per tonne psychological mark.Lead showed the biggest increase of the day, rising by 0.98% to $2,099.50 per tonne by the close from Monday's price of $2,076 per tonne.Sister metal zinc also showed a sm...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comDec 8, 2020 Gold stock enthusiasts who bought metals and miners at my key $1788 buy zone for gold are looking very good. Please click here now. Double-click to enlarge this weekly gold chart. The $1767 low is also now a buying area.On the sell side, $1966-$2089 is a good spot to do some p...Read More
Glencore chairman Tony Hayward was not understating matters when he described the company's succession transition as coming "at a time of huge change." Glencore's share price has risen 3% since its announcement on Friday December 4 that 18-year chief executive officer Ivan Glasenberg would be retiring from his role next year and coal assets head Gary Nagle would stepping up to the plate. The...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
The S&P 500 reached a fresh record, adding 0.28% to close at 3,702.25.Wider macro concerns included US sanctions on 14 vice chairmen from China, a US vote on a one-week stopgap measure to prevent a December 11 government shut down and ongoing Brexit negotiations, Marex Spectron's Alastair Munro said.Elsewhere, China has imposed more sanctions on Australian products but has not touched iron ore...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
Nova Resources, the buyout vehicle backed by KAZ chairman Oleg Novachuk and non-executive director Vladimir Kim, has abandoned the scheme of arrangement proposed in October in favour of a takeover -Read More
Vancouver, BC December 8, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce positive sampling and mapping program results from the Mesquite-Imperial-Picacho District exploration ("District") on the Imperial Gold project ("Imperial"), which is nine miles southeast from Equinox Gold's (TSX: EQX) Mesquite gold mine ("Mesquite").Highlights:Discovered...Read More
An overview of the chrome ore and alloy markets on Tuesday December 8 and their latest price moves.China The price of UG2 chrome ore dipped again, with lower offer prices sparking increased liquidity among buyers seeking material before the seasonal price rises that normally precede the country's Spring Festival (February 11-17). Domestic spot ferro-chrome prices held steady due to the...Read More
There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars Jensen, chief executive officer of SeaIntelligence Consulting, said in an interview with Fastmarkets. "We are now seeing the consequences of carrier cancellations several months ago that led to a shortage of empty conta...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars Jensen, chief executive officer of SeaIntelligence Consulting, said in an interview with Fastmarkets. "We are now seeing the consequences of carrier cancellations several months ago that led to a shortage of empty conta...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
Ferrous scrap prices in Mexico's main markets continued to rise in the week ended Friday December 4, with both regions assessed by Fastmarkets registering increases after clients accepted higher offers in order to maintain supply.Market participants reported price increases in a wide range of 50-600 pesos per tonne ($2-30 per tonne), depending on the customer.Fastmarkets assessed the steel sc...Read More