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
Seaborne iron ore prices surged on Friday December 18, largely supported by market fundamentals, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $164.39 per tonne, up $5.90 per tonne62% Fe low-alumina fines, cfr Qingdao: $164.90 per tonne, up $6.01 per tonne58% Fe fines high-grade premium, cfr Qingdao: $152.45 per tonne, up $5.35 per tonne65% Fe Braz...Read More
Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan. Argonaut Gold also anticipates completing a prefeasibility study on Cerro del Gallo, an advanced project in...Read More
Steel billet and rebar prices in the United Arab Emirates had mixed fortunes in the seven days to Tuesday May 19, with demand limited by Ramadan and Covid-19 restrictions, market sources told Fastmarkets.Market participants in the UAE said that demand was unlikely to improve before the end of Ramadan in late May.Ramadan is normally a slow month for the region, but the Covid-19 curfe...Read More
The junior gold miners' stocks have spent much of the past year grinding sideways near lows, sapping confidence and breeding widespread bearishness. The entire precious-metals sector has been left for dead, eclipsed by the dazzling taxphoria stock-market rally. But traders need to keep their eyes on the fundamental ball so herd sentiment doesn't mislead them. The juniors' recent Q4 results...Read More
SHANGHAI (Reuters) - China’s commerce ministry said on Friday that the country was planning measures against up to $3 billion of U.S. imports to balance U.S. tariffs against Chinese steel and aluminum products, amid a brewing trade war between the two countries.The country has put together a list of 128 U.S. products that could be targeted if the two countries are unable to reach an agreemen...Read More
The mining consultancy and advisory group has appointed Broadfoot as CEO as it looks to further expand its service offering.Broadfoot has an impressive CV, having worked at Anglo American (LN:AAL), Rio Tinto (LN:RIO) and New York-based corporate advisory firm EAS Capital Advisory.He was also co-founder and CEO of mining services provider Salva Resources, a company sold to US engineering firm HDR w...Read More
M??s de mil estudiantes del Instituto Tecnol??gico de Celaya, salieron a las calles para exigir seguridad y justicia, pues aseguran que la violencia ha superado a las autoridades.01 octubre de 2019 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/Excels...Read More
Copper Live – Copper BUY Call a1c given at price 454.70 CMP 456.20. Low risk taker may book 1.5 x 2 lot = Rs 3000 / 3 Pointsa1c : Copper Carry Call - BUY Copper JUN at CMP 454.70 with Small SL 452.60 for Target 457.70 - 459.70 Read More
Although the financial media conflates the two, there is a difference between a rally and a bull market. A rally implies a rebound after or a reprieve from weakness. A bull market is higher highs and higher lows for a period of at least a few years.Gold’s strength in the 2000s was not a rally, as many have deemed it, but a bull market. Gold’s rebound in 2016 was a rally. Nevermind the...Read More
An earlier version of this column included an incorrect count on the number of weekly losses. Gold futures have now posted declines for three weeks in a row. Shutterstock Gold futures settled with a modest gain, following mixed trading on Friday, but tallied a loss for a third week in a row as investors showed a lukewarm reaction to the monthly U.S. jobs report. The data came in a bit softer than...Read More
By: Dave KranzlerThe semiconductor stocks continued melting up last week until Intel threw some cold water on the Dutch tulip bulb price-chasing party. TXN reported Tuesday after the close. Revenues declined 5% from the year-earlier quarter. The management stated that "demand continued to slow across most markets. TXN then said Q2 revenues would drop 10% from Q2 2018. It said earnings would be d...Read More
Hang on tight!by Bix Weir of Road to RootaVolumes on SLV are starting to spike again just like they did on Jan 27th before the "Big Silver Squeeze" weekend! Today should have DOUBLE THE SHARE VOLUME based off the 65 day average...hang on tight as the COMEX Deliveries look to OVERWHELM the Silver Cabal AGAIN! Read More
"The SBA inadvertently issued duplicate loan approvals to some small businesses. It is our impression that the majority of these borrowers are...honest small business owners who had applied for a PPP loanContinue...Read More
Back in 2017, when some countries were handing power to populists promising variations of "drain the swamp," France went for continuity with Emmanuel Macron, a young, moderate-sounding Continue...Read More
Lumina Gold (TSXV: LUM) has drilled its longest continuous section of mineralization at its Gran Bestia copper-gold deposit in Ecuador, part of its Cangrejos copper-gold project.The company cut 0.62 gram gold per tonne and 0.11% copper over 626 metres from surface including 1.14 grams gold and 0.13% copper over 86 metres from 224 metres downhole and 0.93 gram gold and 0.18% copper over 86 metres f...Read More
Golden Share Resources (TSXV: GSH) announced this week that it has acquired the Sandridge project through map staking.The project is located approximately 150 kilometres east of Thunder Bay, in eastern Canada, and it sits on the Winston Lake Greenstone Belt, known by its initials WLGB.This is not Golden Share's first incursion in the area. The Ontario-based firm previously held the past-producing...Read More
(Kitco News) - Precious metals investors need to prepare for lower gold prices in the next few months, with things only picking up next year when gold rallies to $1,350 an ounce, according to Capital Economics.Gold continues to sulk in the summer months, trading near 12-month lows, with strong U.S. dollar and lack of major fundamental news keeping the metal under pressure. As Asian markets opened...Read More
Crude Oil ETN (USO) moved below $26.82 extending an intermediate downtrend. Energy SPDRs (XLE) moved below $34.24 completing a Head & Shoulders pattern. Chevron (CVX), a Dow Jones Industrial stock moved below $80.35 completing a Head & Shoulders pattern. S&P Oil and Gas Exploration SPDRs moved below $47.19 completing a Head & Shoulders pattern.First Trust Natural Gas ETF (FCG) move...Read More
The closure of some induction furnaces in China in 2016 followed by the government's crackdown on all unlicensed IFs in mid-2017 freed up some scrap volumes, albeit arguably of low-quality material. Chinese domestic scrap prices came under pressure from the increased supply, which prevented them from keeping pace with the rise in steel and other raw material markets in the fourth quarter of 2016;...Read More