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
Greatpower Technology Co's background in trading has made it more flexible in its operations and sensitive toward prices as a producer of nickel and cobalt, which will benefit it in the longer term, its president, Aaron Cao, said in a recent interview with Fastmarkets."Due to our trader origins, there were some obstacles when we initially transitioned to becoming a producer because downstream cons...Read More
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The discount paid for ferro-nickel with 26-32% nickel content in China narrowed to the lowest level in three months due to increased buying interest following the big rise in the Chinese nickel pig iron (NPI) price, sources said. Fastmarkets assessed the ferro-nickel premium/discount, 26-32% Ni contained, cif China at a discount of $1,000-1,300 per tonne on Monday September 28, narrowing by $...Read More
With the continuing shift to renewable energy sources and lower carbon emissions, global demand for copper is rising. Some analysts predict that demand could increase by as much as 43% over the next 15 years.But there are concerns about the sector, with sizeable deficits forecast as existing mines face reduced capacity and slowing production. For instance, producers in Chile and Peru - the two mai...Read More
Central bank and Eastern buying of gold have pushed prices to all-time highs. Gold prices above $2100 signal a loss of ...Read More
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Production at Norsk Hydro's Paragominas bauxite mine in the Brazilian state of Par?? has resumed following the repair of an overturned transmission tower, allowing the Alunorte alumina refinery to ramp up, the Norwegian company said on Saturday December 28.Bauxite and, consequently, alumina production had been restricted since December 19, when a transmission tower at Paragominas fell and power su...Read More
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Most recent intercepts from Garibaldi Resources' (TSXV: GGI; OTC: GGIFF) 63-sq.-km Nickel Mountain project in the Eskay camp have extended the mineralized limits, connected these zones and suggest potential for near-surface sulphide mineralization.Drill highlights include 2 metres of 7.1% nickel and 3.9% copper in hole 19-75, within a 90-metre mineralized interval. This intercept expands the footp...Read More
End Wokeness - Twitter, Released on 4/23/23AOC calls on the government to ban Tucker Carlson and other Fox hosts Jen Psaki nods along pic.twitter.com/2vX0ZxuASQ- End Wokeness (@EndWokeness) April 23, 2023 AOC calls on the government to ban Tucker Carlson and other Fox hosts added by Herman James on 04/24/2023View all posts by Herman James ?+'Read More
The change went into effect today. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC; GTBDF:OTCQX) upgraded its listing to the OTCQX Best Market from the OTCQB Venture Market and began trading there today under the symbol GTBDF, it was announced in a news release."Great Bear Resources joins more than 26 companies that have utilized the OTCQB Venture Market to build their company's visibility and gr...Read More
Keith Weiner, Monetary MetalsThe basic idea behind the Quantity Theory of Money could be stated as: too much money supply is chasing too little goods supply, so prices rise. We have debunked this from several angles. For example, we can use a technique that every first year student in physics is expected to know. Dimensional analysis looks at the units on both sides of an equation.Money supply...Read More
CIS exporters of steel billet have continued to enjoy strong demand from China over the week to Thursday May 21. Suppliers have been concentrating most of their efforts on this market recently because Chinese customers have been paying the highest prices.Around 40,000 tonnes of Ukraine-origin billet scheduled for shipment in July were reported sold to China at $393 per tonne cfr, equivalent to $36...Read More
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U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points in pre-opening trade.Index futures were virtually unchanged following release of the December Employment Report at 8:30 AM EST. Consensus for December Non-farm Payrolls was s gain of 71,000 from an upwardly revised gain of 336,000 in November. Actual was a drop of 140,000. Consensus for the December Unemploym...Read More
GroundProbe, bought by Orica in 2017 for A$205 million, says the operational Santiago centre was already remotely monitoring many tailings dams, a major hydro-electric dam and "even a landslide on a national highway in Colombia" for 30 customers, GroundProbe chief operating officer, David Noon said."We've witnessed a boom in Brazil for continuous, real-time monitoring of tailings dams, with a huge...Read More