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 seaborne coking coal market remained quiet on Monday September 16 despite the return of Chinese participants after a long weekend due to the Mid-Autumn Festival last Friday.Premium hard coking coal, fob DBCT: $148.15 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $167.76 per tonne, unchangedHard coking coal, fob DBCT: $131.75 per tonne, unchangedHard coking coal, cfr Jingtang: $15...Read More
Over the past week the metals have looked stronger and some dovish comments by United States President Donald Trump over US-China trade relations seem to have provided a slight confidence boost, but headwinds are being felt this morning, Monday September 16.An 11% rise in crude oil prices to above $71 per barrel this morning following an attack on a Saudi Arabian oil refinery, combined w...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, plate, sheet and other flat steel products.Latest transaction: hot-rolled coilHot-rolled coilEast China, domestic, commercial-grade...Read More
China's domestic hot-rolled coil prices rose on Monday September 16 amid moderate trading activity, while exporters remained under pressure from efforts of suppliers in other parts of the world to undercut them.DomesticEastern China (Shanghai): 3,710-3,720 yuan ($524-525) per tonne, up 10-30 yuan per tonneNorthern China (Tangshan): 3,620-3,630 yuan per tonne, narrowing upward by 20 yuan per tonneT...Read More
The three-month nickel price on the London Metal Exchange was lower during morning trading on Monday September 16, retreating toward $17,300 per tonne, ignoring stock outflows that have brought on-warrant material down to its lowest level in eight years. Turnover has been moderate for the base metals complex so far this morning, with copper traded volumes taking the lead at 7,200 lots exchanged as...Read More
China's domestic rebar prices increased on Monday September 16 following a strong showing by steel futures following an attack on Saudi Arabian oil facilities over the weekend. Domestic Eastern China (Shanghai): 3,720-3,750 yuan ($525-530) per tonne, up 70 yuan per tonneNorthern China (Beijing): 3,640-3,670 yuan per tonne, up 20 yuan per tonneThe most-traded November crude oil contract on the Shan...Read More
U.S. equity index futures moved lower this morning. S&P 500 futures were down 10points in pre-opening trade. Index futures responded to a drone strike on Saudi Arabia's oil production facilities over the weekend. Crude oil jumped $5.31 to $60.16 per barrel and gold added $12.30 to $1511.80 per ounce on the news. Oil stock prices moved higher. Index futures were virtually unchanged following re...Read More
Key data from the pricing sessions in Asia and Europe during the week ended Friday September 13. China Key drivers The price for antimony, MMTA standard grade II, ddp China continued to move up after many domestic producers lifted their offer prices further, citing limited availability of cargoes at hand. Many domestic antimony consumers retreated from the market last week after notici...Read More
Over the past week the metals have looked stronger and some dovish comments by United States President Donald Trump over US-China trade relations seem to have provided a slight confidence boost, but headwinds are being felt this morning, Monday September 16.An 11% rise in crude oil prices this morning following an attack on a Saudi Arabian oil refinery, combined with weak Chinese industrial produc...Read More
Right before last week's Democratic debate, Elizabeth Warren revealed her plan to greatly expand Social Security.And then, during opening remarks, Andrew Yang said he wanted to pay 10 Americans "freedom dividends" worth $1,000 a month as a way of demonstrating his larger plan to do the same thing for everyone in the country.Now, both of these proposals are attempts to create larger social safety n...Read More
Dear Reader,Pop quiz: When you receive a paycheck, who do you pay first? If you're like most Americans, you're probably paying everyone else first - your rent/mortgage, groceries, utilities, car payment, insurance, etc.Once you're done paying all those bills, you stick whatever you have left (if anything) into savings - that's the classic "paying yourself last" scenario. Then you patiently await y...Read More
Editor’s note: Central banks have inflated bubble after bubble. Today, Daily Reckoning contributor Charles Hugh Smith shows you the three stages of bubbles – with a fourth for good measure. He also addresses how long the show can go on.Dear Reader,Financial bubbles manifest three dynamics: The one we’re most familiar with is simple human greed, the desire to exploit a windfall an...Read More
September 16, 2019 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce results from the summer 2019 exploration program at its Atlin Goldfields Project. The exploration program consisted of shallow scout NQ sized core drilling at the LD and Pictou Zones, prospecting and soil geochemical survey over selection areas on the western region of the...Read More
The MV Happy Dragon had just sailed into safe harbour at Charleston, South Carolina when Hurricane Dorian forced the vessel back out to sea to await better weather.The cargo ship was carrying more than 14,000 tonnes of anorthosite from Vancouver-based Hudson Resources' (TSXV: HUD; US-OTC: HUDRF) White Mountain mine in Greenland for customers in the paints, coatings and fibreglass markets. Hudson h...Read More
Discoveries earlier this year at the Windfall gold project in Quebec drove Osisko Mining (TSX: OSK) in July to boost its drill program by 200,000 metres, bringing the total for the year to 1 million metres - the largest drill program in Canada."When we started at Windfall back in 2015, it was a 50,000-metre program, which was large," John Burzynski, the company's president and CEO, tells The North...Read More
White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesThree Canadian potash mines operated by Nutrien, the world's biggest producer of the high-value fertiliser, are...Read More
"We are pleased to announce the Best M&A Transaction Finalists:#silverlakeresources@NewmontGoldcorp #SIMEC@BarrickGold#NorthernStarResourcesFind out the winner on 27th September #MJAwardshttps://t.co/S0tcoDTZAg"Read full newsRead More
Madagascar-based nickel and cobalt producer Ambatovy will shut down for planned maintenance in November.Read full newsRead More
I was instructed that if a client wished to sell futures I should simultaneously place both bids and offers with the intent of canceling the bids prior to execution...Read full newsRead More
"BMO today on the Reuters news of #nickel mine suspensions in the Philippines:Read full newsRead More