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
China's output and sales of automobiles declined in September on an annual basis amid a shortage of semiconductor chips and the country's "dual control" energy-consumption policy, the China Association of Automobile Manufacturers (CAAM) said in its monthly report published on Tuesday October 12.Carmakers in China produced 2.08 million units in September, up by 20.4% month on month but down by 17.9...Read More
It's usually difficult to find a seat at the commodities session on the opening day of the Prospectors and Developers Association of Canada (PDAC) convention held in early March in Toronto, but there was a noticeably smaller crowd at this year's Sunday afternoon talks.At the start of his talk on the outlook for metals and mining in 2020, Paul Robinson, a director at CRU Group, noted the unusually...Read More
"Today's the day for @stockhouse Events' virtual Arcview conference - Aqualitas CEO, Myrna Gillis will be doing a live Q&A from 1:30-2 pm AST -register here: https://t.co/lcscsLdjSL"Read full newsRead More
Stainless steel prices in Europe have remained stable for a second week but increases will be inevitable next week because of higher October alloy surcharges, sources told Fastmarkets on Friday September 27.Because of high nickel prices in recent weeks, it was expected that some European stainless steel mills this week would announce monthly alloy surcharges for October at substantially higher lev...Read More
All base metals prices on the London Metal Exchange fell on Tuesday July 27 at the close of trading, after an exuberant afternoon on Monday, with nickel's price most badly affected and down by 1.8%.Nickel's price fell to $19,357 per tonne at 5pm on Tuesday, after closing at $19,717 per tonne on Monday. This was its highest 5pm price since February, and close to its year-to-date high of $20,110 per...Read More
A summary of the first-quarter 2021 performance report for the Ramu Nickel-Cobalt integrated operation in Papua New Guinea, released on Tuesday May 18 by Canada's Nickel 28, which holds an 8.56% joint-venture interest in the project.In brief High cobalt and London Metal Exchange nickel prices, combined with stronger demand for mixed hydroxide product (MHP), positively impacted cash generation...Read More
Ivan Bebek, Chair and CEO, commented, "We are well-financed and in the early stages of our budgeted 30-hole core drill ...Read More
Visit Envirosuite to Learn More: https://envirosuite.com/ Watch the Full Episode: https://youtu.be/OeFuIBhlQEE Mining Now ...Read More
Red Lake in Ontario has produced nearly 30 million ounces of gold over the past 85 yearsRead full newsRead More
Iron ore prices fell on Thursday July 29 amid thin liquidity and soft market sentiments, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $196.06 per tonne, down $6.62 per tonne62% Fe low-alumina fines, cfr Qingdao: $197.46 per tonne, down $5.62 per tonne58% Fe fines high-grade premium, cfr Qingdao: $160.87 per tonne, down $7.36 per tonne65% Fe Brazil-origin fines, cfr Qingdao:...Read More
Our trading team witnessed a big drop in Platinum and Palladium prices early this morning while Gold and Silver continued to push moderately higher. We began to question this move and investigate any historical relevance to previous patterns. Our research team pointed out that both Platinum and Palladium rolled lower just 3 to 4 days before the breakdown in the US stock markets on Febr...Read More
Gold and silver exchange-traded funds (ETFs), a measure of large investor interest, areexperiencing outflows as opposed to an almost interrupted inflow over the lastfew months.Mining stocks which either look for orproduce these metals have been moving sideways, testing the "mettle"of even perma-bulls.Many investors see these as negative signs. But I view it as a Mr. Market's last big eff...Read More
Record Highs!!Read full newsRead More
Joe Mazumdar of Exploration Insights and David Awram, Senior Executive Vice President and Director of Sandstorm discuss Sandstorm's unique business model at the January 2019 Metals Investor Forum in Vancouver.____________________________________________________________The companies presenting at the Metals Investor Forum are as vetted as it gets - they have already cleared the high hurdle of earni...Read More
Technical analyst Clive Maund charts silver and discusses the factors behind its price decline. Silver fell sharply on Friday after dropping on Wednesday and Thursday, and the reason it fell so sharply can be seen on its latest 6-month chart below which shows that it breached its parabolic uptrend, which had become too steep, this differed from gold whosesimilar parabolic uptrend held, for now. W...Read More
Physical iron ore prices plummeted on Monday November 26 following a slump in futures and steel markets, with Chinese steelmakers fearing losses. MB 62% Fe Iron Ore Index: $64.25 per tonne cfr Qingdao, down $5.88 per tonne. MB 62% Fe Pilbara Blend Fines Index: $63.52 per tonne cfr Qingdao, down $5.80 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $68.97 per tonne cfr Qingdao, down $4.10 per tonn...Read More
Creditors of Brazilian steel producer and distributor A??o Cearense earlier this month approved a plan for the company's business recovery which included a restructuring of most of its debt.The company reached a deal with its creditors on November 9, in a meeting attended by 82% of its creditors, which between them held 98% of the company's debt.A??o Cearense filed for bankruptcy protection in May...Read More
Brazilian apparent steel consumption was 1.72 million tonnes in October, up by 3.70% year-on-year from 1.66 million tonnes in the corresponding month in 2017, national steel association Instituto A??o Brasil said on Friday November 23.Demand for flat steel grew in an annual comparison, but long steel was down on the same basis. This confirmed that the recovery in the long products sector in the co...Read More
CIS long steel producers have reduced their rebar and wire rod offer prices for foreign customers because of the downturn in the global long steel markets, notably in China, Fastmarkets heard on Monday November 26.The domestic rebar price in Eastern China dropped to 3,750-3,780 yuan ($540-544) per tonne ex-works on November 26 from 4,650-4,690 yuan per tonne ex-works on November 1.Recent offers of...Read More
Turkish steel producers continued to book deep-sea scrap for December deliveries at the beginning of this week, following the decrease in prices last week, sources said on Monday November 26.A steel mill in the Iskenderun region booked a UK cargo, comprising 14,000 tonnes of HMS 1&2 (80:20) at $320 per tonne and 6,000 tonnes of shredded at $330 per tonne cfr late on November 23.After this trade, t...Read More