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 US Dollar Index edged higher amid scepticism US president-elect Joe Biden would be able to find enough support for his US$1.9 billion spending proposal, Marex Spectron's Anna Stablum noted on Friday.The gold price fell to last trade at $1,818 an ounce on the spot market, having been around the $1,850/oz mark on Thursday.Mining majors fell on Friday.Copper major Freeport-McMoRan closed down 5.1...Read More

Tilray Brands has announced it will acquire Hexo in an all-stock transaction for $56m. The deal will see Hexo shareholders ...Read More

As serious allegations mount, questions swirl around Diddy's ties to the mob and his father's connection to American gangster ...Read More

Comex copper prices softened during morning trading in the United States amid persistent worries over an upcoming recession or an escalation in the ongoing trade war between America and China.The copper price for March settlement on the Comex division of the New York Mercantile Exchange dipped 3.15 to $2.6685 per lb."Metals markets are more fixated on recession jitters and continued...Read More

Domestic prices for heavy steel plate in Europe were unchanged over the week to Wednesday January 6 due to the seasonal slowdown in market activity, sources have told Fastmarkets.Neither producers nor buyers have returned to the market from the Christmas and New Year holidays in the region.Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?600-620 ($...Read More

AUSTRALIA - BHP Group has commissioned the new ramp at its Olympic Dam iron ore-copper-gold mine, and it doubles the haulage capacity for its trucks. The Kalta decline is key to reaching the Southern mine area where BHP is mining high grade copper resources.BHP spent A$250 million to develop the Southern mine area, and another $40 million on the ramp. The first ore from the area was produced in mi...Read More

The Dow is fresh off its worst quarter everDow Jones Industrial Average (DJI) futures are starting off April on the wrong foot,eyeing an almost 800-point drop this morning. Fresh off its worst quarter ever,the blue-chip index is facing particularly stiff coronavirus headwinds today, after U.S. President Donald Trump warned Americans yesterday to get ready for a "very painful two weeks." Futures o...Read More

Italian domestic steel scrap prices increased substantially in the month to Thursday May 12 on support from limited availability of some grades of material and rising international prices, market sources told Fastmarkets.Market sources said that the shortage of semiconductor chips has had a negative effect on car manufacturing and, as a result, new scrap availability.In addition, scrap suppliers w...Read More

Harmony Gold Mining Company Limited (NYSE:HMY)'s traded shares stood at 1.68 million during the latest session, with the company's beta value hitting 1.08. At the last check today, the stock's price was $3.81, to imply a decrease of -2.93% or -$0.11 in intraday trading. The HMY share's 52-weRead full newsRead More

(IDEX Online) - Amnesty International is calling on the government in Sierra Leone to address concerns over the impact of a diamond mine on a neighboring community.It claims their lives are being blighted by blasting operations and by water pollution caused by Meya Mining.Residents are "forced to evacuate their homes and take shelter in the different structures made by the company until the b...Read More

GoldcorpInc. (TSX: G, NYSE: GG) announces plans to buy back shares for cancellation.The company says it has received approval from the Toronto Stock Exchange forits “notice of intention to make a normal course issuer bid." This wouldallow Goldcorp to purchase for cancellation up to 43.5 million common shares,representing 5% of its 869.5 million outstanding shares as of Oct. 26 over a12-...Read More

Neal Froneman seems laid-back but he's a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold producer, is driving the precious metals giant into the green energy metal space at a pace that makes your head spin.The South African mechanical engineer has orchestrated four major acquisitions of cobalt...Read More

Here are five Fastmarkets stories you might have missed on Friday January 15 that are worth another look.Brazilian steel slab export prices tightened upward in the week ended January 15, with producers continuing to seek high prices.Beer cans made from low-carbon aluminium supplied by Rio...Read More

The proposed 'merger of equals' between Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) have received a second proxy advisory firm recommendation to proceed, the companies announced on Monday. The all-scrip deal, announced In late September, is expected to create the largest Canadian gold miner with an implied market capitalization of around US$24 bil...Read More

Seaborne hard coking coal prices fob Australia dipped day on day on Tuesday October 6 in the run-up to the conclusion of a tender that some market participants say they expect will fetch lower prices.Fastmarkets indices Premium hard coking coal, fob DBCT: $137.46 per tonne, down $0.25 per tonne. Premium hard coking coal, cfr Jingtang: $145.10 per tonne, unchanged. Hard coking coal, fob DBCT: $113....Read More

Here are five Fastmarkets MB stories you might have missed on Friday May 31 that are worth another look.Troubled UK long steel producer British Steel entered compulsory liquidation on May 22. Fastmarkets examines the reasons behind the company's recent struggles, from uncertainty about Brexit and a slump in orders to rising costs for raw materials. Brazil-based miner Vale said fragments of th...Read More

“2022: The Golden Year” activates……as gold and the miners hit our short-term upside targets this week.In August of 2020 we noted the danger signals for gold based on sentiment excess coming out of the acute pandemic fear phase. We also noted the need for a multi-year bullish Cup to build a proper handle after that excess. A Cup’s handle is actually a downward trendi...Read More

Service Center Metals (SCM) will invest $101.7 million on the largest expansion in its almost 20-year history, the Richmond, Virginia-based aluminium extrusion maker said on Tuesday September 14.The state of Virginia additionally will contribute $1.25 million in grants for SCM's expansion in Prince George County, a company spokesperson confirmed to Fastmarkets.The company will construct an alumini...Read More

Adam HamiltonArchivesJan 29, 2021 The major gold miners' upcoming earnings season should prove amazing. They enjoyed some of the highest prevailing gold prices ever witnessed last quarter, which sure ought to fuel massive earnings growth. Especially if their output levels and production costs stayed fairly stable, which is likely based on precedent. Incredibly-strong fundamentals should attract mo...Read More

By: Avi Gilburt(Originally published on Sat Nov 9 for our ElliottWaveTrader members)When the GLD dropped down off the October 25th high in a 5-wave structure, this provided us with the warning that a deeper c-wave can take hold. In fact, as we began the rally off that 5-wave decline, I began noting in our trading room that I was going to use GLD puts as a hedge to my overall metals positions,...Read More