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
The Critical Investor looks beyond the headlines to analyze the factors behind the company's sale of its JV share to its partner. Puna Operation, Chinchillas MineGolden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) surprised the markets with its sale of its 25% interest in Puna Operations to majority JV partner SSR Mining Inc. (SSRM:NASDAQ), right at a time where precious metals seemed...Read More
Brazil's apparent steel consumption increased by 6.90% year on year in November, to 1.70 million tonnes, mostly due to an improved performance in the flat steel sector, according to the national steel association A??o Brasil.Apparent consumption of flat steel products grew by 11.70% in the same comparison, to 1.10 million tonnes, while long steel use declined by 0.80% year-on-year, to 606,000 tonn...Read More
Plexus Holdings PLC (AIM:POS) CEO Craig Hendrie talked with Proactive's Stephen Gunnion about the company's strategic ...Read More
In 2016, an archaeological dig in Bulgaria uncovered this small gold bead...It's just 4 milliliters in diameter and weighs only 0.15 grams, giving the bead's a gold content value of less than $8 today. But to archaeologists, this tiny trinket is priceless. That's because it's the world's oldest known gold artifact.Archaeologists found this gold bead at a prehistoric human settlement in southern Bu...Read More
Domestic prices for heavy steel plate in Europe were unchanged over the week to Wednesday January 6 due to the seasonal slowdown in market activity, sources have told Fastmarkets.Neither producers nor buyers have returned to the market from the Christmas and New Year holidays in the region.Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?600-620 ($...Read More
Western Australia-based miner South32 will sell its entire stake in manganese alloy smelter Tasmanian Electro Metallurgical Co (Temco) to UK-based conglomerate GFG Alliance, it said on Thursday August 13.The miner - which is listed on the stock exchanges in London, Australia and Johannesburg - owns manganese ore and alloy assets in South Africa and Australia through its stake in Samancor Manganese...Read More
Are you looking for simple ways to invest in the US stock market without the hassle of having to do market research and pick ...Read More
(IDEX Online) - Two former employees have appeared in court charged with stealing marine diamonds worth $420,000 from a Debmarine vessel.Emmanuel Shikololo and Rodney Klim, both aged 48, denied theft and conspiracy to steal at the start of their trial at Windhoek High Court, Namibia.They are accused of stealing 453 diamonds, with a total weight of 668 carats between September and November 2011 whi...Read More
Gold is on track to become less volatile and stabilize.The future of gold in 2019.Gold prices compared to the GDX gold miners fund.Gold continued to build on last week's gains, adding nearly $7 per troy ounce or 0.5% as of the close on Friday on the New York COMEX futures exchange. The final print for the week was $1,229. Given the surge seen over the past two weeks, it is time to place the price...Read More
The latest news and price moves to start the Asian day on Friday December 7.Base metal prices on the London Metal Exchange were collectively lower at the close of trading on Thursday December 6, with downward pressure emerging across global equity indices in addition to a sharp downturn in oil futures, which trickled through to metals. Read more in our live futures.Here are how prices looked...Read More
Shares in Solgold plc (LON, TSX:SOLG) jumped at the open after the company released the latest set of drill results from its massive Cascabel copper-gold project in northern Ecuador. In Toronto on Wednesday, Solgold shares added as much as 8.5% from yesterday's close in higher than usual volume for a market capitalization of $714m before paring some of those gains.The latest in a string of resul...Read More
Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) will be "shovel ready" after receiving two state permits, expected soon, noted a Cantor Fitzgerald report.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) received a Clean Water Section 404 permit for its 100%-owned past-producing Stibnite gold-antimony, open-pit project in Idaho, from the U.S. Army Corps of Engineers, reported Cantor Fitzgerald Ana...Read More
With earnings season beginning to kick into high gear over the next several sessions, investors took a risk-on attitude on Monday, sending stocks sharply higherRead full newsRead More
Magawa the African giant pouched rat has won a PDSA Gold Medal for his work detecting landmines.Read full newsRead More
The construction of SSR Mining's project in Argentina, projected to produce more than 15,875 tonnes per year of lead metal, started this month with the first ore feed expected in the second half of 2018. This year's guidance for lead production is up to 12.5 million lb (5,670 tonnes), SSR spokeswoman Stacey Pavlova told Metal Bulletin. The first ores from the Chinchillas lead, silver and zinc proj...Read More
Seaborne pig iron has become relatively competitive versus ferrous scrap over the past year in most regions, and China is no exception. As the first chart below illustrates, the gap between the MBR's proxy for imported pig iron price in China and the Metal Bulletin's Chinese domestic heavy melt scrap price assessment had shrunk by late 2017. The premium averaged $17 per tonne this year to date, co...Read More
Base metal prices were slightly higher on the morning of Thursday September 23, but stayed close to their closing prices from Wednesday, with worries about Evergrande easing."Investors grew more confident a disorderly default [had been] avoided after a real estate unit of the group managed to negotiate a debt resolution yesterday [Wednesday]," LME Desk analyst at Marex, Anna Stablum, said on...Read More
Put Extra Eyes on the Fed … From its actions during the 2008 financial crisis to its policy of quantitative easing, there has been a considerable amount of controversy regarding the Federal Reserve system in recent years. Now that Republicans have taken control of the U.S. Senate, the calls for the U.S. Government Accountability Office to "audit the Fed" have increased and gotten l...Read More
Critics of modern monetary policy have been predicting that the day would come when a central bank would cut interest rates (or at least promise to), and the financial markets, insteadContinue...Read More
WORRIED ABOUT THE MARKETS? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial ...Read More