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
South Africa's Sibanye-Stillwater expects its full-year attributable loss to be more than $100 million greater than guidance in a trading statement last week, it said on Wednesday, after a review of tax changes in the United States.Sibanye now expects a headline loss per share of 1 cent, compared with 12 cents in 2017The gold and platinum miner's shares fell into negative territory on the news tha...Read More
Several of my so-called friends have been nagging me for years to write something about the basics of investing in resource stocks. I was quite comfortable with whiningContinue...Read More
China's domestic rebar prices dropped on Wednesday April 20 amid sustained weakness in demand. Domestic Eastern China (Shanghai): 3,670-3,700 yuan ($542-547) per tonne, down 30-50 yuan per tonneNorthern China (Beijing): 3,680-3,700 yuan per tonne, down 70-80 yuan per tonneLow temperatures in northern China and rain in the eastern region dampened post-holiday demand, market sources said.This has le...Read More
The US Supreme Court ruled unanimously on Wednesday that the Excessive Fines Clause in the 8th Amendment applies to state and local governments. Continue...Read More
Blockchain is a notable buzzword, and while the technology is being rapidly adopted by many industries, the mining sector has been criticized for staying stuck on old models."The world has been transformed by new technologies such as the internet and the blockchain, mining has continued to do business slower and more expensively than is necessary," said Grant Lenaarts, CEO of Mineral Assurance - a...Read More
Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career...Read More
Please consider a couple of examples of government-sponsored green deal projects that blew sky high at taxpayer expense.Continue...Read More
On today's episode of Double Down, Max Keiser and Stacy Herbert talk to Egon von Greyerz of Continue...Read More
Peru moved to shut down a major illegal gold mine hub deep in the Amazon after years of expansion destroyed pristine rain forest and polluted rivers with mercury.The government deployed 1,500 agents from the police and armed forces to La Pampa in the Madre de Dios region of southeast Peru on Tuesday to begin closing down mine operations. The crackdown will last two weeks and aims to eradicate mini...Read More
Resarches at Metals Focus said they're seeing evidence of strong gold-jewelry demand in China Continue...Read More
Australia's largest gold producer, Newcrest Mining, (ASX: NCM), is expanding its footprint in Ecuador by signing an agreement with Cornerstone Capital Resources (TSX-V:CGP), a Canadian junior with several assets in the country, including a 15% stake in SolGold's Cascabel copper-gold project.Under the deal, a subsidiary of Newcrest will have the option to earn up to a 75% interest in two early-st...Read More
A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power tends to be unreliable in those mines, mining companies operating in the region should invest in renewable energy.According to the market research firm, off-grid mines could benefit from reducing their dependency on diesel while...Read More
Sector expert Michael Ballanger discusses some of his recent trades in gold and silver. The year 2019 has started out with rallies in virtually everything stocks, bonds, metals and even cryptocurrencies as the spectre of a Friendly Fed has given rise to animal spirits of the most extreme nature. The GGMA portfolio opened this morning ahead 27.18% YTD versus a 10.89% advance for the S&P, but as mu...Read More
Canadian bullion producer IAMGOLD Corp. (TSX: IMG) (NYSE: IAG) reported a 23% increase in its proven and probable gold Reserves, which reached 17.9 million ounces at the end of 2018 due to the conversion of resources to reserves at the Saramacca deposit in Suriname, the C??t?(C) gold project in Ontario, and the Boto gold project in eastern Senegal.At the end of 2017, the miner's reserves were 4.5...Read More
Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) and Tanzania have arrived at a plan to settle disputes between the miner's 63.9%-owned Acacia Mining (LON:ACA) and the country's government, which includes a $300 million payment to resolve tax claims in the East African nation.Among the proposals put forward, Barrick offered to create a local operating company in Tanzania and share economic benefits fro...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China. To view the latest price assessments, follow the links below: Europe - Ferro-vanadium, delivered duty-paid in Europe, $ per kg V - Vanadium pentoxide, in-warehouse Rotterdam, $ per lb V2O5 China - Ferro-vanadium, 78% min, fob China, $ per kg V - Vanadium pentoxide, 98% min, fob C...Read More
Slight price increases have begun to emerge for domestic hollow steel sections in Europe as a result of increases in the upstream steel coil market. ArcelorMittal, the world's largest steelmaker, announced on Tuesday February 19 that its prices for hot-rolled coil, cold-rolled coil and hot-dipped galvanized coil would increase by ?,?30 per tonne with immediate effect. The producer's higher HRC off...Read More
A few simple tools can help anyone make smarter trades.It used to take years of practice and hours of research to consistently make winning trades in the stock market, but nowadaysfinding profitable trades shouldn't have to be a full-time job. In fact, trading like a pro can really be as easy as 1-2-3, with the right tools and technology!According to one company, there's a simple recipe that can...Read More
CAT stock helped the Dow outperform its index peersStocks spent most of the day cautiously higher ahead of the release of the Fed's meeting minutes. When the details of the January meeting finally hit at 2 p.m. ET, the Dow, S&P 500, and Nasdaq all dipped into negative territory, after the central bank's somewhat downbeat commentary about economic conditions, adding that it will stay patient in rai...Read More
Stifel cut its rating to "hold" from "buy"The shares of Trade Desk Inc (NASDAQ:TTD) are sinking today, after Stifel cut its rating on the tech concern to "hold" from "buy." The downgrade comes just before the company's fourth-quarter earnings report, which is slated for release after the market closes this Thursday, Feb. 21. The analyst said that while he expects strong earnings and revenue from T...Read More