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
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average was higher ahead of Donald Trump's State of the Union address Tuesday evening.Alphabet Inc. (GOOGL) beat fourth-quarter analysts' estimates for earnings and revenue but the stock rose 1.16% amid investor concern over rising costs in some of the company's growth businesses.Estee Lauder Cos....Read More
The last year was a tough one for silver miners and investors. While gold ended the year on a positive note, rallying strongly to eventually climb to over US$1,300 an ounce by late January 2019, silver remains caught in a deep slump, where it continues to trade at under US$16 per ounce. This has weighed heavily on the performance of many primary silver miners to see the Global X Silver Miners ETF...Read More
Copper's three-month price on the London Metal Exchange continued its uptrend at the close of trading on Tuesday February 5, with moderate volumes and a surge in the US dollar index doing little to curb the metal's upward price movement, while the rest of the complex broadly consolidated.Climbing above $6,200 per tonne for the first time since October 2018, the three-month copper price continued t...Read More
Royalty companies have a lot of advantages over producers, especially in the commodity sector. The first major advantage is the fact that they are not as impacted by operational risks as producers can be. They do not own land, giant stores, have large workforces, or other major costs that are attributed to most institutions. Their simple structure - receiving streams of cash from a business in exc...Read More
Fastmarkets has corrected its nickel sulfate min 21%, max: 22.5%; cobalt 10ppm max, China ex-works, yuan/tonne price, which was published incorrectly on February 1.The Fastmarkets MB nickel sulfate min 21%, max: 22.5%; cobalt 10ppm max, China ex-works, yuan/tonne price was published on February 1 instead of its scheduled publication date on February 5. This has now been corrected and the price has...Read More
Comex copper prices in the United States shrugged off earlier losses in morning trading on Tuesday February 5, with the base metals complex temporarily boosted by the lack of Chinese participation while the East Asian country begins its Lunar New Year holiday.The copper price for March settlement on the Comex division of the New York Mercantile Exchange rebounded by 2.20 cents on February 5 to $2....Read More
Gold traders and investors should be worried - gold-market timers have become extremely bullish. Gold timers on balance are more bullish today than on more than 96% of the trading days since 2000. That doesn't bode well from a contrarian perspective. To be sure, contrarian analysts were worried about gold several weeks ago, the last time I devoted a column to gold market sentiment. Yet gold bullio...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 5, 2019 Gold price sales offer opportunity but patience is required.I like to see a market swoon of at least $50/ounce before buying any fresh medium-term gold or related positions. Most amateur gold investors should wait for $100/ounce declines before buying or use very tight stop-lo...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 5.Please click...Read More
Base metal futures were higher in Asian trade, as was iron ore as Vale SA warned a further 30 million tonnes of production would be impacted after a Brazil court ordered the suspension of eight tailings dams in the wake of the deadly Brumadinho disaster late last month. "This would be an incremental supply shock to the iron ore market and would support prices at higher than expected levels,"...Read More
The market for the small capitalization early stage mining and exploration companies remains very sluggish. However, we expect to see a change very soon. Since 2015, some mining stocks have been in a bull market phase and have seen substantial percentage moves up. So attention is now merited! IMPERIAL MINING GROUP on TSXV at 10 cents a share is...Read More
Trades of small volumes led to a small fall in manganese ore prices in the week ended Friday February 1, while most producers expect to return to the market after the Chinese New Year holiday (February 4-10). Low- and high-grade manganese ore prices in China tick down Low grade fob ore index stable due to freight rate fall Tight supply supports silico-manganese price in Europe H...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that its plant-based products and packaging are now available on RangeMe, an innovative technology platform being adopted by leading North American retailers including Albertsons, Whole Foods, Target, CVS, HEB, Publix, Safeway, Sam's Club and Wegmans.Modeled after modern matchmakin...Read More
* Vale ordered to shut iron ore tailings dams in Brazil * Vale produces most of its nickel outside Brazil * Analysts say nickel's gains on Vale disaster overdone (Adds closing prices)By Maytaal AngelLONDON, Feb 5 (Reuters) - Nickel prices fell on Tuesday astraders took profits after betting the metal up to four-monthhighs in the previous session on concerns that Brazilian minerVale could be forced...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC published the first report on Friday, February 1, 2019. After th...Read More
Nymex Crude oil rose twenty percent in January (till 1st February close). The pace of rise for crude oil will be crucial for global economy. Part of the rise is attributed to short covering. If crude oil rises quickly due to Venezuela, then chances of global economy moving into recession will be very high. Global economy has not yet fully recovered from energy shocks of last year. USA and Russ...Read More
CEO of sensemetrics, Matt Meehan told Mining Journal in an interview before Vale's Corrego do Feijao mine tailings dam failed, killing more than 100 people, that previous dam incidents in Australia,Read More
Unplanned outages at Incitec's Louisiana and Phosphate Hill plants are expected to have a combined earnings before interest and tax impact of about A$45 million for the financial year ending September 30, 2019.The Louisiana ammonia plant has been impacted by downtime caused by issues in the plant's carbon dioxide removal system.Following an inspection of the equipment repair work is underway, whic...Read More
The European bismuth price continued its uptrend in the latest pricing session, boosted by shipment delays that are affecting the delivery of material from China's Hunan Jinwang Bismuth, one of the biggest suppliers in the world. Fastmarkets assessed the European bismuth price at $3.70-4.20 per lb on Friday February 1, slightly higher than in the midweek assessment when the metal stood a...Read More
Gomez, a member of the Senate commission for mining and regional development, criticised the laxity and flexibility of the state that means it does not hold mining companies and explorers to accountRead More