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

The arms race has started: deep fakes versus tech that exposes them. The only problem is that the technology that will supposedly tell us what is real and what is not… was created by DARPA.DARPA (Defense Advanced Research Projects Agency) is the government agency responsible for the developing things like killer robots, artificial intelligence, swarms of tiny drones, and even experiments wit...Read More

Investing.com - Demand for gold fell on Friday, amid a strengthening U.S. dollar.Comex gold futures for June delivery were down 0.08% to $1,288.40 a troy ounce as of 10:13 AM ET (14:13 GMT).The price of bouillon was driven lower by the rise in the greenback and increase in bond yields.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was...Read More

U.S. equity benchmarks are on pace for weekly lossesDow Jones Industrial Average (DJI) futures are cautiously higher, as uncertainty over China trade talks continues to linger. Earlier today, Beijingdenied reports it has offered to trim its U.S. trade surplus by $200 billion. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are lower this morning, and all three indexes need a boost today to...Read More

Gemfields has once again partnered with the G? 1/4 belin Gem Lab to embed nanoparticles proving origin into all emeralds for sale at the upcoming auction in Lusaka, Zambia from 15-18 May 2018, to drive greater levels of transparency in the coloured gemstone sector.Why is this important for coloured gemstones customers?- Brands and their customers are becoming increasingly aware of the need to know...Read More

Global ferrous scrap prices headed in differing directions during the working week ended Friday May 18, with prices in the bulk sector losing ground while prices for containerized material to Taiwan pushed upward.Turkish scrap import prices slid on lackluster finished steel demand with the start of the Islamic holy month of Ramadan, while prices for exports from the United States fell in two deals...Read More

SHANGHAI, May 18 (SMM) – Total approved copper scrap imports for this year rose to 482,400 mt, after the 12th batch of approvals for restricted solid scrap material imports was released on Tuesday May 15, SMM learned. This is down 83.9% from the total of 11 batches in 2017.Ten companies that imported scrap metals, waste plastics, and waste paper received approval. Approvals we...Read More

MOSCOW – Russian diamond miner Alrosa may buy State-owned diamond polisher Kristall in 2018, Russia's Deputy Finance Minister Alexei Moiseev said on Thursday.Alrosa, the world's largest rough diamond producer by output, said previously it was "expedient" for it to buy Kristall when the state-owned company is privatised.Advertisement"Kristall will be sold at the market...Read More

London-based Talex Commodities has been hired by the employees of Doe Run Peru to find an investor for the mine.Read More

The name "Michelle Wolf" has dominated headlines and has become the talk of the mainstream media following the comedian's speech roasting the Trump Administration at the White House Correspondents' Dinner on Saturday. While everyone seems to have an opinion on Wolf's comments, the fact is that the debate has served as the perfect distraction from several incredibly important news stories from the...Read More

Investing.com - Gold prices remained lower on Friday, held back by rising Treasury yields and a stronger dollar.Comex gold futures for June delivery were down 0.12% to $1,287.90 a troy ounce as of 10:33 AM ET (14:33 GMT).The price of bouillon was driven lower by the rise in the greenback and increase in bond yields.The U.S. dollar index, which measures the greenback’s strength against a bask...Read More

SHANGHAI, May 18 (SMM) –Copper: LME copper stuck between several moving averages with support at the 40-day moving average overnight. As the US dollar is unlikely to fall from highs in the short term, we see LME copper trading rangebound at $6,850-6,900/mt with the SHFE 1807 contract at 51,000-51,500 yuan/mt during the day. Spot discounts are expected at 100-20 yuan/mt as sellers are likely...Read More

Via the placement at A5c per share, Independence Group (ASX:IGO) will increase its shareholding in Orion to 11.1% from 4.2%, while also securing preferential rights to a joint venture or purchase of Orion's nickel projects in the belt, including the Jacomynspan nickel-copper-cobalt project.It previously subscribed for a $.3 million share placement in Orion and the two companies entered into a JV a...Read More

The range of prices offered for steel slab exports from Brazil narrowed this week, with producers continuing to focus on sales to clients in North America.Offers of Brazilian material were reported around the level of $570 per tonne fob, with rumors of one deal being closed at a price below this mark.But suppliers were not willing to accept any bids below the level of $565 per tonne fob, according...Read More

"Big Brother does not watch us, by his choice. We watch him, by ours. There is no need for wardens or gates or Ministries of Truth. When a population becomes distracted by trivia, when cultural life is redefined as a perpetual round of entertainments, when serious public conversation becomes a form of baby-talk, when, in short, a people become an audience and their public business a vaudeville act...Read More

TORONTO, May 18 (Reuters) - Uranium and key rechargeable battery metals lithium and cobalt are on a final list of 35 critical minerals that the United States deems essential to its economic and national security and wants to produce more of domestically.The Department of Commerce will use the list, which was published by the Interior Department on Friday and which confirms a draft issued in Februa...Read More

Greyhorse Mining will acquire an 8% interest for approximately US$20 million, while another 2% will go to a trust benefitting the operation's employees.  As part of the transaction, Greyhorse will receive a preferential annual dividend of $500,000 for the first five years, subject to Tsumeb having sufficient available funds and Greyhorse achieving approved performance metrics.Dundee said the...Read More

What does the United State and ISIS have in common?Actually… a lot. According to the New York Times, ISIS started a pretty effective government. They now appear to be on their last legs. But for a time, ISIS had all the hallmarks of a typical government.They monopolized control in a geographical area. They collected taxes and administered government services. They provided internal security,...Read More

Indian steelmaker JSW Steel has completed the acquisition of Italian long steel producer Acciaierie e Ferriere di Piombino (Aferpi), Italian trade union Fiom-Cgil said on Friday May 18.JSW Steel acquired the mill from Algeria's Cevital for around 6 billion Indian rupees ($88.41 million), according to media reports in India, while Italian reports suggest the deal was valued at closer to ?,?90 milli...Read More

Gold has been attempting to form a baseline level of support over the last three trading days and finished fractionally higher in trading today. Gold Comex futures finished up approximately $2.50 today and closed at $1,291.90 (most active June contract). Gold closed dramatically lower this week after losing $28 in trading on Tuesday. Tuesday's selloff was significant in that it broke below the psy...Read More

Thank heavens the Canadian government blocked the bid on national interest grounds as potash prices have been on the skids ever since, something BHP's current CEO Andrew Mackenzie knows well given he ran the failed bid as BHP's head of non-ferrous.Read More