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
Davos Switzerland...It may look like a peaceful winter wonderland. But if you visit the Davos ski resort in Switzerland this week, you’ll hear some forecasts that will chill your nerves as an investor.Fortunately, there’s a silver lining. One that will set you up for luxurious gains on your 2019 brokerage statement. But to lock in these profits, you’ll have to be brave!Let’...Read More
Over 130,000 tonnes of aluminium has been canceled at London Metal Exchange warehouses over the past two days with market participants expecting further cancelations by the end of the week. A total of 94,300 tonnes was canceled on Wednesday January 23 on top of 37,500 tonnes on Tuesday - all of which was in Port Klang, Malaysia. "I wouldn't be surprised to see another 100,000 tonnes canceled by th...Read More
The first time I appeared on live financial television was August 15, 2007. It was a guest appearance on CNBC's Squawk Box program at the early stages of the 2007-2008 financial crisis.Of course, none of us knew at that time exactly how and when things would play out, but it was clear to me that a meltdown was coming; the same meltdown I had been warning the government and academics about since 20...Read More
The government "shutdown" enters its second month.But today we raise a celebratory cheer...A cheer for the temporary unemployment of one subset of furloughed federal employees.We refer to the government statisticians who collect, sort, analyze, worry, torture and weaponize economic data.That is, those who throw false weights upon the scales in support of government policy x or government policy y....Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
The following Fastmarkets minor metals prices changed on Wednesday January 23:Minor metalsBismuth MB free market, $/lb: $3.50-4.00 per lb from $3.40-4.00Cobalt MB free market alloy grade, $/lb: $19.00-21.40 per lb from $20.50-22.50Cobalt MB free market...Read More
Three-month base metals prices on the London Metal Exchange had dipped in recent days on the back of global growth concerns and after follow-through buying from last week waned, but the complex is broadly up again with average gains of 0.3% this morning, Wednesday January 23.Tin, that has been a star performer this year, was bucking the trend with a 0.3% dip to $20,390 per tonne. The rest were up...Read More
Key data from the Wednesday January 23 pricing session in Europe. Key drivers The European ferro-titanium market extended a steady trend in prices for the second week in a row. Alloy dealers expect increased activity in the near term as a recent influx of material from Russia to Europe is being used up.The scrap markets have also extended a steady trend for 11 weeks in 0.5% Sn content titanium sc...Read More
Tsingshan Group, Taiyuan Iron & Steel (Tisco) and Baosteel - China's leading stainless steel mills - will maintain their high-carbon ferro-chrome tender prices unchanged month on month for February amid comparatively stable domestic stainless steel prices over the past few weeks. Tisco released its February tender price for high-carbon ferro-chrome at 6,650 yuan ($977) per tonne on Tuesday January...Read More
The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday January 23:Aluminium ingotLM24 pressure diecasting ingot: ?1,410-1,460 per tonne from...Read More
This episode features a round-table discussion on "Big Data" recorded live at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in Toronto in October 2018.The panelists are: Talia Dabby, director in the Technology Consulting, and People and Organization Practices at PwC Canada; Humera Malik, founder and CEO of Canvass Analytics; Glenn Mullan, president of the Prospec...Read More
Farhad Abasov has high hopes for Millennial Lithium's (TSXV: ML; US-OTC: MLNLF) Pastos Grandes lithium brine project in Argentina's Salta province.The CEO expects a definitive feasibility study (DFS) in the second quarter, and the project can start production as early as 2021, generating 25,000 tonnes of lithium carbonate equivalent (LCE) a year.In January, the company reported that bench-scale pr...Read More
Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) has discovered more near surface gold with the first two drill holes of an ongoing exploration campaign at its Salbora gold target, 1.5 km northwest of its Eagle Mountain gold project in Guyana.The two diamond core holes cut gold mineralization below a previously dug trench that returned 1.92 grams gold over 123 metres. The company estimates the target's...Read More
Galway Metals (TSXV: GWM) has discovered 7 metres of visible gold starting 51 metres downhole in a new area of its Clarence Stream project in New Brunswick, its second gold discovery on the property in two and a half years of drilling.The new gold zone is along strike of the project's George Murphy and Jubilee Zones.The discovery hole intersected weathered, altered sediments with disseminated pyri...Read More
Likely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25In the absence of a TARDIS, time, as far as most physicists have ever been able to deduce, only moves forwar...Read More
Chilean miner Antofagasta Plc. (LON:ANTO) ended 2018 on a very high note as it produced a record amount of copper in the final quarter of the year, which led it to post annual output at the higher end of its forecast.The company, majority-owned by Chile's Luksic family, one of the country's wealthiest, churned out 220,000 tonnes of the red metal in the three months to December, up 16% from the pr...Read More
Aerial view of the Cariboo gold project near Wells, B.C. (Image: Barkerville Gold Mines)Barkerville Gold Mines of Toronto continues to intercept very good grades at its Cow Mountain site, part of its Cariboo gold project. The results come from holes drilled last year to upgrade and expand resources.The company seems to have no problem drilling bonanza grades, such as 12.26 g/t gold over 7.6 meters...Read More
Bob Thompson, vice-president and portfolio manager at Raymond James discusses why he believes there's room for further gains in stocks, and why exploration and development may be the place to be from an investing perspective.Read full newsRead More
"Recession fears are spreading, but Goldman Sachs says don't worry https://t.co/pkfsRCfY6H"Read full newsRead More
... just hours after Porsche reported that it would double production of itsRead full newsRead More