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 purge continues LME tin continues to trade poorly relative to its peers, suggesting that the purge of the overly long position held by speculative funds is not done yet. It is interesting to notice that only tin and zinc, for which money managers are relatively the most bullish among the complex posted a loss last week. Once the purge is over, however, we believe that tin prices are likely to...Read More

Liberty Steel, part of the GFG Alliance, has restarted Adhunik Steel in India six months after it acquired the plant, the company said on Thursday October 22. The company said that it had restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel following the acquisition of the steel businesses in February 2020. The acquisition of the Indian site is a strategic investment in o...Read More

Russia broke into Ukraine one year ago today.Shortly after this invasion, we hosted a debate between a mainstream spokesman - who denounces Vladimir Putin in the most vicious and violent terms - and Advocatus Diaboli, the devil's advocate.Being the devil's advocate, this fellow speaks on Mr. Putin's behalf.Today, we repost this rambunctious debate, updated slightly. Read on...Mainstream Spokesman:...Read More

In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More

(Kitco News) - Bearish hedge funds continue todominate the gold market with their short bets as the yellow metal has beenunable to hold critical support at $1,200 an ounce, according to the latestdata from the Commodity Futures Trading Commission.The gold market’s bearishspeculative positioning has held near historic highs for a month and someanalysts warn that it could still take some time...Read More

The Dow is down more than 500 pointsThe Dow Jones Industrial Average (DJI) is continuing its backslide today, after this morning's Treasury yield-curve inversion signal flashed -- typically seen as a precursor to a recession. This has investors frantically selling off bank stocks, including Goldman Sachs (GS), which is down 3.7%. The blue-chip index is now down more than 500 points, completely era...Read More

Flat steel import prices in the United Arab Emirates (UAE) and Saudi Arabia increased over the past week because of a hot-rolled col shortage, sources said on Tuesday October 27.Local demand for flat steel in India and China, the main exporters of flat steel to the UAE and Saudi Arabia, was strong so market participants made a limited quantity offers at high prices.UAEOffer prices for hot-rolled c...Read More

Interview with Dr. Andreas Rompel, Executive Chairman, and Rene Bharti, President & CEO of Jourdan Resources (TSX-V: JOR) ...Read More

VANCOUVER - Teck Resources Ltd. lowered its guidance for steelmaking coal sales for the first quarter as it worked to finish repairs to its coal drying complex in B.C. that was damaged earlier this year.The company says steelmaking coal sales volumes for the quarter are now expected to be about six million tonnes compared with earlier guidance for 6.3 million to 6.5 million tonnes.The coal dryer a...Read More

Australia's Fortescue Metals Group (FMG) is expecting the first shipment of its 60.1% Fe iron ore product, West Pilbara fines, to be made in December in response to China's growing appetite for higher-grade ore.The product will have an alumina content of around 2.3-2.5%, around 4.3-4.5% of silica and some 0.08-0.09% of phosphorus. FMG expects to ship 5-10 million tonnes of West Pilbara fines over...Read More

"IAMGOLD Reports Remaining Assay Results from the 2019 Delineation Drilling Program at the Nelligan Gold Project, Quebec https://t.co/XADB5mu5TM"Read full newsRead More

The extraction of metals and minerals is a capital intensive endeavour. Mining companies require hundreds of millions of dollars, and in many cases, billions, to take a project from exploration to production.Using data provided by Miningintelligence, we have ranked the mining companies that have raised the most capital year-to-date.Leading the pack is Australia's Newcrest Mining, raising nearly $7...Read More

Avant Brands Inc. (OTCQX:AVTBF) Q4 2022 Earnings Conference Call February 8, 2023 4:00 AM ETCompany ParticipantsAlyssa Barry - Investor RelationsMatt Whitt - Chief Financial Officer Norton...Read full newsRead More

By Michael J. KosaresGold is trading lower this morning and most media reports attribute the weakness to next week's Federal Reserve Open Market Committee meeting. At that meeting, as we have heard endlessly, the Fed is scheduled to raise interest rates by a quarter of a point, and rising interest rates are bad for gold.But are they? Paul Farrugia of First Macro Capital put together a fairly det...Read More

Stocks are set to cool after yesterday's mixed post-NAFTA finishDow Jones Industrial Average (DJI) futures are trading modestly below fair value after yesterday's triple-digit rally, signaling a lower open for stocks this morning. With little on today's economic calendar, the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) look set for weaker price action, as well. In fact, many investors may alrea...Read More

"Gold lost some steam on Friday after investors cashed in profits, causing equities to make gains and pushing the yellow metal down slightly. Take a look at the top precious metals stories we covered this week at https://t.co/ji4VnfhX6r #preciousmetals #gold #investing #stocks"Read full newsRead More

The price paid for pig iron exported from the Commonwealth of Independent States (CIS) rose in the week to Thursday October 29 on a new sale to the United States and Asia amid low availability, sources said.Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $355-360 per tonne on October 29, up from $350-353 per tonne a week earlier.A sale of...Read More

Wall Street Silver, Released on 3/2/23Technical analyst Gareth Soloway joins the show to discuss the latest news on the economy and the housing market, with mortgage demand hitting a 28-year low. Despite solid job numbers, Gareth predicts we are headed for a recession. Gareth shares his insights on the precious metals market, including his bullish outlook on gold, which he believes has the potenti...Read More

The comments above & below is an edited and abridged synopsis of an article by Egon von GreyerzGold is hated by governments around the world because it reveals their deceitful actions in totally destroying the economy. It is not an accident that gold is the only money that has survived for 6,000 years. Gold is the only money that tells the truth. And gold is nature's money, which means it cannot b...Read More

Drilling at the Cotabambas Project in Peru. Source: Panoro Minerals Ltd.Panoro Minerals Ltd. [PML-TSXV, Lima; PZM-FSE] said Wednesday October 4 that it has executed a joint venture agreement with Japan Oil, Gas Metals National Corp. (JOGMEC) on its Humamantana property in Peru. Under the agreement, JOGMEC will have the option to earn up to a 60% interest with an investment of US$8 million."Panoro...Read More