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 latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: 4-million-tonne surplus for 2020We have made further downward revisions to our aluminium demand expectations for 2020 and, although there have been smelter capacity reduction in China too, the net effect is that our forecast for the global surplus this year has swelled to 4 million tonnes, from 2.7 million tonnes...Read More
Chart analyst Clive Maund explains in a quick update why he has also put E2Gold on his list as a great buy. After its sharp reaction of recent days within a prevailing strong uptrend to arrive at its rising 50-day moving average, E2Gold Inc. (ETU:TSX.V) looks like it is at another great "buy spot" here, especially as this steep reaction has created a considerable degree of "compression" into the u...Read More
(IDEX Online) - Lucapa Diamond Company Limited has declared an $8 million distribution and loan repayment. Of the $8 million, half will be distributed to the partners in the Lulo mine in Angola, with Lucapa receiving $1.6 million in line with its 40% interest. The other $4 million will be a loan repayment to Lucapa. The $8 million payment will come from the cash reserves of SML, the...Read More
Bob Moriarty ArchivesAug 9, 2019All markets go up. All markets go down. No market ever goes straight up unless it’s the end of the world and in that case why would you give a shit?Gold hit bottom in early 2016. Smart money was buying then. Gradually gold rose and fell with the tide until lately when it went on a roll. All the permabulls are screeching about a new bull market but it’s b...Read More
The case for owning gold stocks has never been stronger.Read full newsRead More
"$LLY - Eli Lilly Shines With BTK Inhibitor Drug In Treating B-Cell Leukemias And Lymphomas. Follow this and any other stock on Seeking Alpha! https://t.co/e12rJ6UCD9 #trading #markets #stocks"Read full newsRead More
"The text messages make clear that the senior executives and the Comey-McCabe FBI, those who had political bias were on first-name basis Continue...Read More
Canada's Dominion Diamond Mines has unveiled a transaction that would allow it to exit court protection from creditors and access short-term operating funds, which would pave the way to eventually restart its idled Ekati mine in Canada's Northwest Territories.The company, which owns and operates the iconic Ekati diamond mine and also has a 40% interest in the nearby Diavik, said it had signed a le...Read More
A presentation run-through with Keith Boyle, CEO of New Found Gold Our previous interview: ...Read More
Global economy continues taking coronavirus damage ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lates...Read More
(IDEX Online) - The Royal Asscher Diamond Company said that Helen Dimmick will be working closely with the Asscher family, Royal Asscher's international marketing team, future retailers and suppliers in order to develop market relevant sales, products and training for UK retail jewelers. "The intention in creating these materials is to bolster retailer confidence, attract customers and inj...Read More
Metals, mining and alloy producers have been scenario-planning in response to the novel coronavirus. The South African government appears to have just removed all but one option.President Cyril Ramaphosa ordered the country's mineral resources industry to shut underground mines and furnaces from Thursday March 26, unless they can be operated remotely. The shutdown will last for three weeks an...Read More
UAA stock is lower after the bear noteJ.P. Morgan Securities cut its price target on Under Armour Inc (NYSE:UAA)to $21 from $25, though this is still an 11.6% premium to last night's close. In reaction, UAA stock is down 1.2% to trade at $18.58, but finding support near its 320-day moving average, which served as a floor in late October, too.The pullback to this trendline could signal a short-term...Read More
(IDEX Online) - Gen Z and millennials don't realize their "sustainable" lab growns are made by burning coal in China and India, according to a Fortune investigation.The global business magazine says many manufacturers are based in India, where 75 per cent of electricity comes from burning coal, but still use words like "sustainable" and "environmentally-friendly" to promote goods on their web...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The U.S has increased tariffs on $200bn of Chinese goods to 25%, from 10%, impacting a number of metals. Commentary below comes from the Wood Mackenzie metals team:Copper By Wood Mackenzie Senior Consultant, Yanting Zhou"Previous...Read More
Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are in yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.Fastmarkets MB prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co...Read More
OM Amazing News! Let's find Out What Is Happening! Disclaimer: I am NOT a financial advisor. ANYTHING I say, write, or do is ...Read More
Trade disputes and geopolitical uncertainties had already made the prospects for global economic growth uncertain. A coronavirus has now added to the challenges facing financial markets.The epicenter of the virus is Wuhan, an important commercial hub in China that is home to 11.9 million people, including the country's largest student population. It is also a manufacturing hub, with around 500 fac...Read More
Even after these mines come back online, the damage already done to the global economy will continue to...by Steve St Angelo of SRSrocco ReportAccording to a new report released by GlobalData, the global contagion impacted silver production the most while gold mine supply fared the best. The two largest silver producing countries, Mexico and Peru, have issued temporary shutdowns lasting nearly t...Read More
Russian nickel producer Nornickel has received a new bill from a local government agency in Siberia, relating to an oil spill in the Arctic region in May 2020, the company announced on Thursday February 11.The new bill is for the sum of nearly $7 million and adds to a $1.93 billion federal government fine, which Nornickel contested but which was upheld by a Russian court on February 5.The latest c...Read More