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
Turkish domestic ship scrap prices went down over the past week on falling imported scrap values, sources said on Monday May 4.Deep-sea scrap import prices weakened once again on May 1, with the news of a fresh European cargo deal.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $242.42 per tonne on May 1, down from $258 per tonne on April...Read More
Jens Stoltenberg, NATO Secretary General, just stated that because of me NATO has been able to raise far more money than ever before from its members after many years of decline. It's called Continue...Read More
President Mike Romanik said the explorer was "very pleased" Sprott had agreed to invest about $6.5 million, which would increase the high-profile investor's stake to 19.9%.First Majestic would subscribe for $700,000 worth of the shares on offer, resulting in a holding of about 16.4%.The placement was priced at $1.40 per share.Silver Dollar had listed on the Canadian Securities Exchange in May afte...Read More
Share this article TORONTO - Barrick Gold Corp. [ABX-TSX, GOLD-NYSE] said that with its North Mara and Bulyanhulu gold mines set to achieve combined production in excess of 500,000 ounces for the second year running, the company is looking to expand its East African footprint from this base.Barrick inherited North Mara and Bulyanhulu mines in Tanzania via its acquisition of a 36% stake in Acacia...Read More
Tesla has supported the price of Bitcoin, but it can affect gold as well.The bull market in cryptocurrencies continues. As you can see in the chart below, the price of Bitcoin has recently increased to almost $47,000 (as of February 10). The parabolic rise seems to be disturbing, as such quick rallies often end abruptly. However, it’s worth noting that the price of Bitcoin has partially jump...Read More
NEW YORK, June 2, 2020 /PRNewswire via COMTEX/ --NEW YORK, June 2, 2020 /PRNewswire/ -- In times of financial crisis, there's no safer investment than gold....Read full newsRead More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: Capped by oversupplyA lack of a meaningful supply adjustment to the Covid-19 demand hit is keeping the aluminium physical market oversupplied and weighing on prices, limiting the success of more buoyant macro and technical forces on prices. Our premium forecasts are under review in light of threats from the U...Read More
Head of Research at Fundamental Research Corp Sid Rajeev lays out his strategy for identifying undervalued stocks in the ...Read More
Moelis has the most to gain as certainty returns to the market. Click here for a full investment analysis of MC stock.Read full newsRead More
Staking is not just about earning rewards, it also serves a similar purpose to mining, stakers help play a role in determining which ...Read More
Alloy steel scrap prices in the UK and Europe were stable this week but decreases were expected next month because of diminishing demand, sources told Fastmarkets on Friday May 31.The market this week was described as stable and uneventful, as regards prices. But the lack of a price reaction to the lower demand was due, at least in part, to the fact that prices had recently fallen by a significant...Read More
There's been so much happening over the past 24 hours that it's hard to keep up. The Supreme Court has been releasing several key rulings that will have a major impact on American politics.Just this morning, they overturned the so-called Chevron deference that’s been in operation since the 1980s. Chevron handed the federal bureaucracy extensive authority to interpret statutes as it sees fit....Read More
Underground at the MCSA copper complex Credit: Ero CopperVancouver-based copper and gold producer Ero Copper (TSX: ERO) has tabled an updated resource and reserve statement for its NX Gold mine in Brazil. With this update, the underground operation now has an expected mine life of six years.In conjunction with the updated reserve numbers, Ero released an updated mine plan for NX Gold, which sugges...Read More
Results from the second phase of Minera Alamos' (TSXV: MAI) drill program at its wholly owned Santana project in Sonora have expanded mineralization at the Nicho zone to the southwest and suggest potential for additional extensions at depth.The company's most recent release includes eight drill hole assays - seven are from the Nicho zone while one is from the Divisadero target area.The highlights...Read More
Cove gold property in Nevada. Credit: Premier Gold Mines. Premier Gold Mines (TSE: PG) has announced an overnight marketed offering of C$38 million, increased from approximately C$33 million previously. The offering, co-led by CIBC Capital Markets and Sprott Capital Partners, will involve the issue of 25.3 million shares at C$1.50 each with the option to issue an additional 3.8 million shares for...Read More
Chile's President Gabriel Boric said late on Tuesday he is open to discuss changes in the country's tax law that would affect the mining sector as lawmakers are scheduled to vote on the proposed reform on Sept. 13.Speaking at a gala organized by the national mining association Sonami, Boric said the industry had been historically unwilling to reach agreements with the government in terms of sharin...Read More
Vale (NYSE: VALE) has struck a multi-year agreement to supply Swedish lithium-ion battery manufacturer Northvolt AB with low-carbon nickel from its Long Harbour refinery in Newfoundland. Details regarding volume and pricing were not released, but the multinational base metals miner said that the agreement had been two years in the making and would serve as a "launchpad for further cooperation."...Read More
Key data from the Wednesday November 13 pricing sessions in Shanghai and London. Key drivers China's cobalt sulfate price dropped by 6% from last Friday when weak demand forced suppliers to cut offers to encourage sales and facilitate cashflow in the run-up to year-end.The cobalt tetroxide price is under...Read More
AntiWar, Released on 5/12/22"The pumping of Ukraine by NATO countries with weapons, the training of its troops to use Western equipment, the dispatch of mercenaries and the conduct of exercises by the countries of the Alliance near Continue... Top Russian Official Says NATO Risking 'Full-Fledged' Nuclear War added by Herman James on 05/14/2022View all posts by Herman James ?+'Read More