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
RAPAPORT... The Women's Jewelry Association (WJA) has appointedJacqueline Cassaway, the vice president of merchandising for Starboard CruiseServices, as president-elect. Jenny Luker will remain president and Sara Yood will continue as treasurer.Corporate secretary Rebecca Moskal, vice president of chapter affairs LaurenThompson and past president Brandee Dallow will also stay in their roles....Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transactions: iron oreIron oreVale, Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 62% Fe Brazilian Blend fines, traded at $88.30 per tonne cfr China,...Read More
RAPAPORT... Actress and singer Lady Gaga sported a 128.54-carat yellowdiamond and platinum Tiffany necklace at the 91st Academy Awardsshow Sunday night. The Oscar winner wore the 141-year-old cushion-cut TiffanyDiamond - which originated in the Kimberley mines in South Africa - was last seen on Audrey Hepburn at the publicity shoot for the 1961 movie Breakfast at Tiffany's. It's th...Read More
Participants in the seaborne coking coal market kept to the sidelines on Thursday February 28 to wait for a clearer price trend to emerge. "There is an offer for a cargo of a top Australian brand of materials, scheduled for loading in early April, via a miner's tender that will conclude tomorrow. There will be some clarity on prices then," a Chinese trading source said. A second Chinese trader is...Read More
Eastern promise for PolarXSPONSOREDpolarxWater shortages at the copper-gold mine were among the impacts on the company's 2018 earnings, which Centerra revealed last week were about 50% lower than in 2017.Read More
Eastern promise for PolarXSPONSOREDpolarxThe obvious challenge for Australian-listed Xanadu is that it is exploring in Mongolia, a country with a reputation for making life difficult for foreign mining companies, as Rio Tinto has discoveredRead More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithium"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftThe intercept from the Sherlock zone also contained 2.1g/t silver and included 8m at 0.64% c...Read More
A drop in China’s manufacturing purchasing managers’ index (PMI) to 49.2 in February, from 49.5 in January, has set a weaker tone across markets with base metals traded on the London Metal Exchange mostly lower and down by an average of 0.3% in the morning of Thursday February 28. Copper and zinc prices led on the downside with losses of 0.7%, with copper recently quoted at $6,473 per to...Read More
Eastern promise for PolarXSPONSOREDpolarxThe company's exploration team has been working at Winu, 130km north of Telfer, since late 2017.Read More
Chinese battery materials producers, who are the largest consumers of cobalt sulfate and cobalt tetroxide, have hesitated in purchasing any cobalt salts this week amid rapid falling international cobalt metal prices.The resulting thin buying appetites have forced suppliers to lower their spot offer prices to facilitate sales. Fastmarkets assessed the Chinese cobalt sulfate, basis 20.5% Co market p...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Jobless Claims was 220,000 versus 216,000 last week. Actual was 225,000. Consensus for first estimate for U.S. fourth quarter real GDP was growth at a 2.4% rate versus growth at...Read More
A drop in China's manufacturing purchasing managers' index (PMI) to 49.2 in February, from 49.5 in January, has set a weaker tone across markets with base metals traded on the London Metal Exchange mostly lower and down by an average of 0.3% in the morning of Thursday February 28. Copper and zinc prices led on the downside with losses of 0.7%, with copper recently quoted at $6,473 per tonne after...Read More
Monthly European alloy surcharges for stainless steel products will increase sharply for March, largely because of resurgent nickel prices. This week's announcements by European stainless mills will mark the first time surcharges have not decreased for seven months. Alloy surcharges are designed to account for the non-ferrous component of various stainless steel grades, with the pri...Read More
Any impact to Chinese nickel pig iron (NPI) production from an expected power shortage in Inner Mongolia during April and May is likely to be limited, according to market participants.The city of Ulanqab in China's autonomous region of Inner Mongolia is expected to experience a severe power shortage in April and May, market sources told Fastmarkets, citing an unconfirmed announcement issued by cit...Read More
Import prices for stainless steel in East Asia were mixed over the past week amid thin trading, with those for the cold-rolled product rising, while hot-rolled coil ones experienced some weakness.Fastmarkets MB's weekly import price assessment for 304 stainless 2mm trimmed cold-rolled coil in East Asia was $2,030-2,100 per tonne cif on Wednesday February 27, up $10-40 per tonne from a week earlier...Read More
Domestic stainless steel prices in China edged up further over the past week amid market participants' optimistic outlook.Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,100 yuan ($2,197-2,257) per tonne including value-added tax for the week ended Wednesday February 27, widening upward by 100 yuan per tonne from 14,...Read More
According to the IRS, most millionaires have these seven income streams:1. Dividend income from stocks.2. Earned income from a paycheck.3. Rental income from real estate.4. Royalties from products or license agreements. 5. Capital gains from the sale of investments.6. Profits from business ventures. 7. Interest from savings, CDs, bonds, or other lending activities.I would argue that most people...Read More
Today I bring to you an interesting story of two billionaires...Both of whom have terrific intentions for helping the human race combat global warming.What you’ll find interesting about these two men is that despite their good intentions, both have very different views on how to solve the problem.However, after some thorough research myself, I’ve uncovered that only one of these men...Read More
Does your employer offer a 401(k) plan? And do they match any of your contributions? If so, they might only match up to that percentage on each of your checks, and not on how that check amount relates to your total annual salary. That means deferring too much, too soon of your salary could reduce the amount of those matching contributions. Here's an example of how that could happen:In 2019, yo...Read More
The president has redrawn his March 1 line in the sand."Substantial progress" in trade talks with China is the reason he cited.But another March 1 deadline menaces the United States... like a creeping shadow, dark, broad and doomy.And Mr. Trump cannot push it back.Details shortly.First to the shadows hanging over the world...Nuclear rivals India and Pakistan are playing with matches in perhaps the...Read More