Digging Deep

AbraPlata: CMR's full analysis of an Argentina focussed gold and silver junior

May 2020

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

Stunning footage of Australia copper, lead, zinc train derailment

February 27, 2019 / www.mining.com

Queensland Rail had stowed a train carrying copper, lead and zinc concentrate from Glencore's operations in the Australian state on 31 January as a precautionary measure.That was not sufficient to protect the 80-wagon Mount Isa train after historic rainfall of as much as 1.16 meters by February 7 near Townsville, where Glencore's copper refinery servicing its Mount Isa Mines is located.According t...Read More

China's stainless crude steel output rises by 10% in 2019

March 07, 2020 / www.metalbulletin.com

China produced 29.4 million tonnes of crude stainless steel in 2019, a 10.1% year-on-year increase, according to data released by the China Stainless Steel Council earlier this week.China's apparent stainless steel consumption in 2019 amounted to 24.05 million tonnes, up by 9.2% - or about 2.03 million tonnes - from 2018.CSSC's breakdown of 2019's output according to grade as well as the country's...Read More

How Will Gold Move Following Yellen's Testimony? Frank Holmes Comments

July 10, 2017 / www.kitco.com

Jul 11, 2017 Guest(s): Frank Holmes Following the release of Donald Trump Jr's chain of emails regarding the Russia meeting, gold prices popped higher. August gold futures last traded at $1,216 an ounce, up 0.23% on the day. Ahead of the surprise email dump, gold was hovering in solidly negative territory, jumping almost $8 in minutes. Kitco News speaks with Frank Holmes, chief executive office...Read More

Gold ETFs Soar as Russia Probe Closes In on Trump's Inner Circle

December 05, 2017 / www.bloomberg.com

Holdings climb to 71.9 million ounces, highest since 2013SPDR Gold attracts $351 million, most since SeptemberFlows Show Gold ETFs Are Riding the 'Wall of Worry'As U.S. political turmoil mounted, investors ran to gold.On Friday, holdings in exchange-traded funds backed by bullion jumped to 71.9 million ounces, the highest since May 2013, according to the latest data compiled by Bloomberg. SPDR Gol...Read More

Russian diamond miner announces auctions and award of high sustainability ranking

June 07, 2018 / www.miningweekly.com

Russian diamond mining major Alrosa announced on Thursday that it would hold auctions in Hong Kong and Vladivostok for large rough diamonds. The Hong Kong auction will start on June 13 and will run until June 27. The Vladivostok auction would start on June 18 and conclude on June 29. In both cases, the rough stones being auctioned will each weigh more than 10.8 ct.Both auctions are of gem quality...Read More

KEVIN SHlPP - HAVE WE CREATED A MONSTER ? "CLINTON '

February 28, 2019 / www.youtube.com

KEVIN SHIPP - HAVE WE CREATED A MONSTER ? "CLINTON 'Former CIA operative who has spoken out about the US deep state.Kevin Shipp is a retired CIA spook and whistleblower. He has exposed the US deep state and charged the CIA with systematically use of unconstitutional and illegal measures to terrorise employees to prevent them from becoming whistleblowers.Read More

Goldmoney 2020 Outlook Roundtable with Alasdair Macleod and James Turk

September 20, 2003 / marketsanity.com

As it has become tradition, Goldmoney's leadership team - Roy Sebag, James Turk, Alasdair Macleod and Stefan Wieler - were joined by a special guest, former Member of the European Parliament Godfrey Bloom, to discuss the state of global economy, financial and systemic risks, the developing threat of the coronavirus, and outlook for gold and financial markets. *This video was filmed on February 29,...Read More

Citi Annual Commodities Market Outlook 2018: Copper - moderately bullish outlook with risks evenly balanced

December 04, 2017 / news.metal.com

SHANGHAI, Dec.4 (SMM)We forecast a small deficit copper market during 2018 and 2019, and we expect prices to trade above $7,000/t for most of 2018, underpinned by a solid macroeconomic environment and anticipated higher than average mine supply disruptions. The main downside risk is that Chinese demand softens more than anticipated.Copper - shifts in demand expectations have been critical to the r...Read More

China's ZTE apologizes after paying 'disastrous price' in U.S. sanction case

June 08, 2018 / www.kitco.com

HONG KONG/SHENZHEN, China (Reuters) - The chairman of ZTE Corp (000063.SZ) (0763.HK) apologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion fine to the United States to end a supplier ban that has crippled its business.The deal allows China’s second-largest telecoms equipment firm to restart operations, reaffirm supplier relationships and reb...Read More

Brent Cook: How to Find Mining Tenbaggers

February 26, 2019 / www.youtube.com

Mining exploration in general is a money-losing enterprise: only one in 1,000 projects succeeds.However, according to economic geologist Brent Cook, you just need a couple of big hits to make up for it. He combines 30 years of experience in geology, exploration, and consulting as the co-editor of Exploration Insights.Cook argues that you can greatly improve the odds with a bit of due diligence and...Read More

DAILY SCRAP REPORT: Mills still struggle with firm offers, weak rebar demand

March 11, 2020 / www.metalbulletin.com

Turkish steel producers have continued to hold back from the deep-sea scrap market despite shrinking stock levels because of the firm prices being asked, sources said on Tuesday March 10.There have been no new bookings so far this month, but suppliers were keeping their offers steady.Offers of HMS 1&2 (80:20) from the US remained at $280 per tonne cfr, while offers of similar material increased by...Read More

This Underappreciated Gold Mining Junior Could Easily Double

May 25, 2017 / www.fool.ca

Gold continues to perform well, having rallied strongly since the start of 2017 because of growing global political uncertainty and the increasingly unpredictable nature of the Trump administration. While this certainly bodes well for major gold miners, which haven't enjoyed a prolonged period of firmer precious metals prices since 2014, it has brought the spotlight back on to smaller gold miners...Read More

More Strange And Disturbing Action In The Paper Gold Market

December 05, 2017 / marketsanity.com

For at least the past decade the behavior of the people who trade gold futures contracts - and thereby determine the metal's price - has been generally Continue...Read More

Geert Wilders Delivers Powerful Speech At Free Tommy Robinson Rally In London

June 09, 2018 / www.youtube.com

I wonder if Geert Wilders will ever be allowed in Great Britain again.Read More

Newmont rejects $18B hostile bid by Barrick, releases private messages

March 04, 2019 / www.mining.com

Newmont Mining (NYSE:NEM) rejected Monday rival Barrick Gold's (TSX:ABX)(NYSE:GOLD) all-stock $18 billion hostile takeover offer, but left the door slightly open by countering with the terms of a deal to merge their operations in Nevada, U.S.Chief executive Gary Goldberg said Newmont's board had concluded that its planned $10 billion takeover of Canada's Goldcorp (TSX:G) (NYSE:GG) was the best dea...Read More

ALUMINA ROUND-UP: Fob Australia price rangebound; Atlantic discount widens

March 13, 2020 / www.metalbulletin.com

The benchmark alumina price remained above $300 per tonne on Thursday March 12 but liquidity on a fob Australia basis remained low. Fastmarkets calculated the daily alumina index, fob Australia at $303.17 per tonne on Thursday, little changed from $304.63 per tonne the previous day. The index has been above $300 per tonne since February 27. Key drivers:  Liquidity remains low but partici...Read More

Gold's Demise Is Exaggerated

November 23, 2016 / www.fool.ca

Trump's ascendancy to the top job south of border was supposed to be good for gold, but since he unveiled his expansionary economic policies, the yellow metal has been in terminal decline, giving back almost all of its post-Brexit gains.In light of the optimistic outlook among analysts and economists for the U.S. economy, Wall Street has been racing to reduce its exposure to gold. Billionaire inve...Read More

Sierra Leone 'Peace Diamond' sold for less-than-expected

December 05, 2017 / www.mining.com

Sierra Leone has sold one of the world's largest diamonds ever found at an auction in New York on Monday, fetching a lower-than-expected price of $6.5 millionThe egg-sized, 709-carat rough "Peace Diamond" is one of the largest ever discovered in the West African country and one of the world's 20 biggest rough precious rocks ever found.The egg-sized diamond was found in March in the country's easte...Read More

Texas Bullion Depository Open for Business; Sets the Stage to Challenge Federal Government's Monopoly on Money

June 11, 2018 / marketsanity.com

...the Texas Bullion Depository will become the first state-level facility of its kind in the nation, increasing the security and stability of our gold reserves and Continue...Read More

Is it Time to Short Tesla (NASDAQ: TSLA) ... Again?

March 05, 2019 / www.energyandcapital.com

Tesla bears, shorts, and haters are peculiar types.Like cowardly cockroaches, they tend to stay hidden, only coming out to feast when its convenient.When Tesla first went public in 2010, I was warned not to buy the stock."Electric cars are a joke," they said."Elon Musk is a scam artist," they screamed.""Short the shit of this thing," they bellowed into the wind.But I ignored them, and in defiance...Read More