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
Gold79 Mines Ltd. is pleased to announce the initiation of a non-Read full newsRead More
Aug 04, 2020 Guest(s): Steven Dunn Head of ETFs, Aberdeen Standard Investments In order for gold prices to move much higher, substantially more stimulus would be needed from the Federal Reserve, according to Steve Dunn, head of ETFs of Aberdeen Standard Investments. "Is a $1 trillion enough? I would suggest that the market has already priced in something along those lines. Would $3 trillion be d...Read More
Melkior Resources (TSXV: MKR; US-OTC: MKRIF) has released results from two drill holes at the company's wholly-owned Carscallen gold project in the Abitibi Greenstone belt, 3 km north of the Porcupine Destor Fault and 25 km southwest of the city of Timmins in north-eastern Ontario.The drill holes were part of a 1,950-metre infill drill program completed in March. The first hole, 20-05, intersected...Read More
Prices for secondary steel billet in India surged by 3,600 rupees ($49) per tonne in the week to Friday February 19 on increased demand across the country and the likely continuation of power shortages in central India's major hubs for secondary steelmaking.Fastmarkets' price assessment for steel billet, domestic, ex-works India, was up on Friday to 37,400-37,600 rupees ($514-517) per tonne compar...Read More
CNS News, Released on 11/5/21The Labor Department's Bureau of Labor Statistics announced on Friday that 100,450,000 people in this country were not in the labor force in Continue... 100,450,000: More Than 100 Million Not in Labor Force for 14th Straight Month; No Job, Not Looking added by Herman James on 11/05/2021View all posts by Herman James ?+'Read More
The Friday Market Minute Global stocks edge higher as investors cheer progress in U.S.-China trade talks and prep for a key reading on job creation in the world's biggest economy.President Donald Trump suggests a near-term deal with Beijing in imminent, but als warns it will be "very tough to trade with China" is an agreement isn't made after meeting with Vice Premier Liu He yesterday in Wa...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transaction: hot-rolled coilHot-rolled coilEast China, domestic,...Read More
The FTSE 100 dipped into the red despite another good read for the UK housing market. London's blue chip was down 10 points ...Read More
It said Mexico's tax authority, Servicio de Administracion Tributaria, had "exhibited a total disregard for the applicable provisions of three separate double taxation treaties" and had unlawfully opted to ignore an advanced pricing agreement, governing the tax on silver sales between 2010-2014 by its subsidiary Primero Empresa Minera.The silver miner said its efforts to resolve the dispute had be...Read More
Asante Gold (CSE: ASE; US-OTC: ASGOF) has increased its Ghana-based Bibiani gold mine's measured and indicated resources by about 26% to 2.3 million ounces and improved its mine life from six years to 8.3.The latest technical report, which the company says has been "prepared to the level of confidence of a prefeasibility study," is an update to the project's feasibility study filed in 2018 and its...Read More
AHow Much Money Bobby Lee Makes - @bobbylee - Add me on Instagram: GPStephan PROMOTIONAL OFFER: Get Up To 12 ...Read More
"The further a society drifts from truth the more it will hate those who speak it" - George OrwellThe western Central Banks, led by the BIS, are operating to push the price of gold and silver as low as possible. It's a highly motivated effort to remove the proverbial canary from the coal mine before it dies. A soaring price of gold signals to the world that the Central Banks have lost contr...Read More
ThyssenKrupp has appointed Premal Desai as the new chairman of its European steel division, the German conglomerate said on Friday June 14.Desai, who is currently chief financial officer of the steel division, will replace Andreas Goss in the role on Saturday June 15.Goss will resign from his position as chairman of the steel division following the failure...Read More
The three-month aluminium price on the London Metal Exchange registered gains on the morning of Tuesday August 17 while the front-month contract on the Shanghai Futures Exchange also rose to new highs amid supply disruptions to the flow of metals and raw materials.Three-month aluminum was at $2,632 per tonne at 9am on Tuesday, up by $30 per tonne from Monday's closing price of $2,602 per tonne. Th...Read More
Jonathan Wellum warns about the unsustainable debt levels in the U.S. and their long-term impact on the economy. Listen to the ...Read More
Glencore has undergone a major restructuring of its leadership teams, with a number of senior departures and new roles for existing department heads.Kenny Ives, Tor Peterson and Nico Paraskevas will leave the company in the coming months, stepping down from their roles as head of nickel, head of coal and head of copper marketing respectively. The trio will stay on for a few months...Read More
For details on how your data is used and stored, see our Privacy Notice. Metals and mining companies are starting to shake off the sector’s long-held dedication to capital discipline. In stark contrast to Big Oil corporates which are cutting budgets, Big Mining are upping investment with the goal of growing mine supply. James Whiteside, Head of Metals and Mining Research, analysed...Read More
Gold futures on Thursday marked their largest daily drop and lowest settlement month to date, with the tumble pushing bullion below a psychologically and technically significant level at $1,300. Gold and silver both declined, "pressured by a rebound in the U.S. dollar index and by chart-based sellers entering the futures markets," said Jim Wyckoff, senior analyst at Kitco.com. June gold GCM9, +0.0...Read More
There were widespread rises in global ferrous scrap prices in the week ended Friday March 8, due to stable demand from end-users in key importing markets, Fastmarkets heard.Turkish steelmakers were buying imported materials to shore up their inventories, while buyers in Asia were purchasing spot cargoes to hedge against future price increases.TurkeyScrap prices in the Turkish import market began t...Read More
For details on how your data is used and stored, see our Privacy Notice.Coronavirus, supply disruptions, muted demand and the oil price plunge have sent shockwaves across the petrochemical industry. Year-on-year profits have been considerably reduced. So how is the industry handling the blow, and what does it mean for balance sheets, budgets and planned projects?Profit margins have been squeezedCo...Read More