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
Brazil's government wants to enact rules that allow mining in indigenous reserves which occupy 13 percent of the country's territory and hopes it can get Congress to reconsider a decades-old proposal to do so, a Mines and Energy Ministry official told Reuters.Mining Secretary Alexandre Vidigal de Oliveira was asked to clarify comments made last week by Mines and Energy Minister Bento Albuquerque,...Read More
(Kitco News) - Gold prices ended the U.S. day session modestly higher but off their highs Wednesday.An eroding U.S. dollar index continues to work in favor of the precious metalsmarket bulls. However, the USDX did move well off its daily lows in latetrading, which pulled the gold market down from its session highs. April Comex gold futures were last up $2.90 an ounce at $1,343.30. March Comex silv...Read More
SHANGHAI, Mar 8 (SMM) – China's imports of unwrought copper and copper products in February stood at 352,000 mt, down 20% month on month while up 3.5% year on year, according to China Customs.The month-on-month drop was mainly due to the Chinese New Year holiday. However, losses made in copper imports last month also put a cap on the overall volumes.Imports for the first two months of th...Read More
We caught up with Paul Parisotto, President, CEO & Director of Moon River Moly (TSXV: MOO) to discuss critical minerals, and the ...Read More
Primary aluminium foundry alloy premiums in Europe were steady on Friday May 10 in a quiet market, while bearish sentiment from the automobile industry continued to cap premiums. The premium for silicon 7 aluminium wheel alloys over London Metal Exchange cash prices delivered to the Ruhr region with 30-day payment terms was assessed Friday at $340-360 per tonne, steady from April's assessment the...Read More
The two largest gold miners - Barrick and Newmont Mining - announced a joint venture (JV) in their Nevada operations to create the world's single largest gold producing company with a reserve base of 48 million ounces in the ground. The JV is estimated to save both companies $500 million in the first five years of operations due to sharing resources and tax breaks, according to GMP Securities equ...Read More
"If these two big companies complete their smelters, that means we will no longer export raw copper because it will be processed domestically to become copper cathodes," Indonesia's president JokoRead More
VIsta Gold (VGZ) is advancing Australia's largest undeveloped gold project. The current resource stands at 7.8 million ounces, of which 5.8 million proven/probable reserves. Vista is implementing a high-tech grinding and sorting process that will improve gold recovery and production.Vista released an updated Preliminary Feasibility Study which shows an after-tax NPV of $679 million, assuming a...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed...Read More
Zinc was the main exception to an otherwise falling London Metal Exchange complex on September 7, which was a day of very quiet trading conditions - just over 10,000 lots of copper were traded by 5pm. The three-month price of zinc was at $3,044 per tonne on Tuesday at the close, a 1.2% increase from Monday's price at the same time of $3,007.50 per tonne.It set an intraday high of $3,059 per tonne...Read More
"Bluestone Resources is an advanced gold project thats looking to become the next gold producer Read their feasibility now: https://t.co/vwveNe0ftJ#bluestoneresources $BSR #gold #mine #momentumstocks #bsr #cerroblanco #exploration #goldcorp #mining"Read full newsRead More
The latest forecasts from Fastmarkets' team of base metals analysts are ready to view, including an upgrade to our aluminium price forecasts.Aluminium: Price forecasts raisedWe correctly expected the macro reflationary theme to raise the prices for all base metals but, with it being the base metal with by far the weakest fundamentals, we had expected the price of aluminium to underperform relative...Read More
ANKARA (Reuters) - The European Union said Turkey needs to “take decisive action to reverse the current trend in the rule of law and fundamental rights,” according to a joint statement following meetings between the two sides on Thursday.Earlier on Thursday, top EU officials rebuked Turkey over its arrests of journalists and academics and the long pre-trial detention of a Kurdish polit...Read More
Stocks tumbled on Monday, Jan. 29, as bond yields spiked. The Dow Jones Industrial Average declined by 177 points, or 0.67%, to 26,439. The S&P 500 also declined by 0.67% and the Nasdaq slid 0.52%. Leading the Dow lower on Monday were Caterpillar Inc. (CAT) and Apple Inc. (AAPL) . Apple fell 2% following a report from Nikkei that said the tech giant was cutting iPhone X production...Read More
As Warren wrote nearly 20 years ago, "it is probably the best single measure of where valuations stand at any given moment." Continue...Read More
Iron ore prices were flat on Monday September 24 due to a public holiday in China.Metal Bulletin 62% Fe Iron Ore Index: $69.13 per tonne cfr Qingdao, unchanged.Metal Bulletin 62% Fe Pilbara Blend Fines Index: $68.16 per tonne cfr Qingdao, unchanged.Metal Bulletin 62% Fe Iron Ore Index Low Alumina: $75.07 per tonne cfr Qingdao, unchanged.Metal Bulletin 58% Fe Premium Index: $56.14 per tonne cfr Qin...Read More
WASHINGTON/DUBAI (Reuters) - Iran said it would defy U.S. sanctions reimposed on it by Washington on Monday, denouncing as “economic war” the U.S. attempt to curb Tehran’s missile and nuclear programs and weaken its influence in the Middle East.The U.S. move restores sanctions lifted under a 2015 nuclear deal negotiated by the administration of President Barack Obama and five oth...Read More
The 11.6 metre thick conglomerate is similar to gold-bearing pyritic units found at Novo Resources Comet Well and Purdy's prospects.Read full newsRead More
For a moment, picture 2020 as any other year. Imagine there was no pandemic. Now go and take a look at the S&P/TSX Composite Index. In the absence of a public health disaster, the performance of some of Canada’s best blue-chip stocks would look disastrous. The harsh reality is that this situation could last longer than anticipated, with the prospect of a fully reopened economy receding a...Read More