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
Allianz chief economic adviser Mohamed El-Erian on why he believes that the Federal Reserve will cut rates in 2020 and the strength of the U.S. economy.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. D...Read More
In this episode, Mickey Fulp, aka "The Mercenary Geologist" shares regarding how he approaches resource speculation and investing. He shares why he prefers the USA as a mining jurisdiction over Canada and gives insights into how he personally manages his own mining portfolio. Mickey also provides his thoughts on the vanadium market and his top commodities for 2019.Michael S. "Mickey" Fulp is a Cer...Read More
I would never have thought this many major cities would have 11%-plus mortgages underwater... especially not at the top of a second real estate bubble.Continue...Read More
Jason talks about how the IMF just downgraded their global economic growth forecast again. This is now twice in the last 3 months. Also, Jason talks about how the Chinese economic data that the CCP is releasing is the worst in 30 years.Read More
Alloy surcharges to be applied to stainless steel products in Europe for February have decreased for the seventh consecutive month, Fastmarkets heard on Friday January 25.The decreases, which in the case of the grade-304 cold-rolled (CR) sheet surcharges were ?,?46-59 ($52-67) per tonne, were not expected to be reflected in transaction prices for the material, which were believed to have bottomed...Read More
It's been more than a month since the federal government shut down.We all know the familiar story of the 800,000+ workers, and the millions of contractors, who are not receiving paychecks.Continue...Read More
The pension crisis has been escalating for quite some time, and accounting for pension shortfalls seems next to impossible for state governments.Continue...Read More
European miners will maintain their position at the forefront of integrating technology, particularly in more developed markets, due to a highly skilled workforce and high levels of connectivity among the more developed economies, a regional overview published by Fitch Solutions reports. On a more sombre note, analysts predict high costs, a weak project pipeline and conservative company strate...Read More
"A lot of the heavy lifting has been done...We're waiting for the committee to be satisfied that they have reached sufficient understanding of what all the moving pieces are."Continue...Read More
Bedford-based RosCan Gold (TSXV: ROS) announced this week positive assay results from an initial Air Core drilling program at its Kandiole project in western Mali.The project is comprised of five permits of contiguous land in the Birimian Rocks, east of B2Gold's Fekola mine and Iamgold's Boto and Diakha deposits.In a press release, RosCan said that the drilling program was completed in December 20...Read More
These stocks represent three very different ways to profit from mining.Continue...Read More
European alloy surcharges for stainless steel products have fallen for the seventh consecutive month with the February surcharge down because of continuing weak market fundamentals and a sharp drop in molybdenum prices in January.The February alloy surcharge for molybdenum-containing grade-316 cold-rolled (CR) sheet - based on data published by producers Outokumpu, Aperam and Acerinox -...Read More
Canada's Mirasol Resources (TSX-V: MRZ) announced that it has signed an option to purchase agreement which would allow it to complete the consolidation of the Sascha - Marcelina low sulfidation epithermal Au-Ag district in the Santa Cruz province of southern Argentina.In a press release, Mirasol explained that under the terms of the agreement, it can acquire 100% of the Marcelina claims from a pri...Read More
* Indian discounts shrink; dealers eye import duty announcement* China premiums at $9.50-$11.50 an ounce* Festival buying picks up in Singapore as wellDemand for physical gold in India improved slightly this week as local prices eased from their highest level in over five years, while buying gathered steam in China ahead of the Lunar New Year festival.Dealers in India were offering a discount of u...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday January 25.China The domestic ferro-chrome spot price stalled in quiet trading conditions. Chinese stainless steel mills showed little interest in buying extra cargoes after releasing their February ferro-chrome tender prices early in the week. The import charge chrome price ticked...Read More
A CIBC report reviewed its projected 2019 production and cost estimates and the miner's own projections for the year. In a Jan. 22 research note, analyst Cosmos Chiu reported that Alacer Gold Corp.'s (ASR:TSX: AQG:ASX) 2019 consolidated production guidance is "well above" CIBC's expectations and "represents a doubling" of the company's 2018 production. Specifically, Alacer guided to consolidated...Read More
Technical analyst Clive Maunds discusses possible reasons behind the breakout of this explorer. Note: this article originally published on CliveMaund.com on January 20, when TRX shares were trading at $0.33 on NYSE.MKT.Tanzanian Royalty Exploration Corp. (TNX:TSX; TRX:NYSE.MKT) stock is right now regarded as selling at an extraordinarily low bargain price. There are several important reasons for...Read More
A ROTH Capital Partners analyst reviewed the drill results and upcoming catalysts for the project. In a Jan. 22 research note, analyst Joe Reagor reported maiden drill results were "worth the wait" as they confirm a "significant silver discovery" at New Pacific Metals Corp.'s (NUAG:TSX.V; NUPMF:OTCQX) Silver Sand project in Bolivia. Of the first 98 holes reported from the company's 2018 drill pro...Read More
The new facility will service the explorer and developer's nearby gold project. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release that construction of the laboratory at its Fiji headquarters is nearly finished. Installation of a fume collection system is in progress. Once it is completed, likely in Q2/19, the company will start commissioning the facility. Lion One plans to...Read More
Trump said he would sign a temporary funding bill that doesn't include money for a border wallThe Dow jumped out of the gate, as buzz over the Fed's balance sheet offset a negative earnings reaction for Intel (INTC). The bullish ball kept rolling after President Donald Trump signaled an end to the longest government shutdown in U.S. history. Specifically, POTUS said he would sign a stopgap spendin...Read More