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

Sep 18, 2019 It's only a matter of time before junior miners' performance catches up to precious metals, as mining stocks tend to lag a consolidating price rally, said Jonathan Guy, Director of Mining Research at Numis Securities. "It all takes time. The gold price is the thing that moves first, but people want to see that the move is real before they commit new money to the sector, and I think th...Read More

Sep 18, 2019 Guest(s): Pierre Lassonde Chairman, Franco-Nevada Gold's trajectory over the long-term is several thousand dollars higher, with an average target price of $12,500, and it only makes sense when you look at the historical growth of the metal, this according to Pierre Lassonde, chairman of Franco-Nevada. "If I use the compounded annual growth rate over 50 years, that's got to give you...Read More

GoGold Resources (GGD.TO, C$0.71) is a company with assets in Mexico, both a producing and an exploration-stage project. Led by a management team that has over 27 years of experience in the country. The team developed 4 projects/companies that eventually got sold with at a good to hefty premium. Examples are: Gammon Gold ($1.5B merge with Alamos), Mexgold (sold for $375M), Nayarit ($80M, bought fo...Read More

The three-month nickel price on the London Metal Exchange was higher at the close of trading on Wednesday September 18, with the price breaching the nearby resistance value amid low trading volumes, while the rest of the base-metals complex continued to consolidate.Nickel futures closed at $17,200 per tonne in the afternoon, climbing by more than 1% from an intraday low of $16,970 per tonne, while...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday September 18.Please click...Read More

Nickel premiums fell in Europe and Asia while in the United States the 4x4 rate held steady, reflecting a lack of trade, but the premium on briquette - the more liquid form - fell. Europe briquettes, full-plate and cut-cathode premiums fall while stocks balloon at LME-listed warehousesChinese premiums weaken against backdrop of LME backwardation, lack of arbitrage opportunities US buyers remain on...Read More

Here are five Fastmarkets MB stories you might have missed on Wednesday September 18 that are worth another look.The global nickel supply deficit will shrink in 2020 despite the implementation of the latest Indonesian ore export ban, according to Denis Sharypin, head of commodity market research for Russian multi-metal miner Nornickel.The London Metal Exchange will give members incentives to trade...Read More

US president Donald Trump has repeatedly called for lower interest rates, tweeting earlier this week "Will Fed ever get into the game?"Geopolitical concerns remain over trade issues, Brexit and the situation in the Middle East, where Saudi Arabia is reportedly on track to restore oil processing to pre-attack levels by the end of this month.Gold remains above US$1,500 an ounce on the spot market, a...Read More

Diamond major Alrosa said Tuesday it had agreed a deal with the Russian government, the terms of which were outlined in a decree signed by Russian prime minister Dmitry Medvedev. An independent appraiser valued Kristall at RUB1.886 billion (US$29.3 million), Alrosa said.A deal has been in the offing for some time. Russia's deputy finance minister Alexei Moiseev previously said he expected it to ha...Read More

Police were expected to formally accuse eight to 12 people from both companies for the crime of false representation, a person familiar with the probe told the Wall Street Journal."The accused individuals invented an inadequate methodology to justify giving the dam the minimum safety rating," the person said.A TÜV SÜD spokeswoman told the paper the company wouldn't comment on the case bu...Read More

The London Metal Exchange will give members incentives to trade cash-settled futures contracts as well as those for precious and ferrous metals. With the aim of encouraging burgeoning futures markets for the likes of cobalt, alumina and steel scrap, the exchange has devoted a pot of $2 million to subsidize category I and II members trading the contracts that were launched over the last five years,...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") has announced the addition of Daniel Wilkinson to its board of directors in support of Venzee's strategic growth goals and expansion of its global retailer integrations.Previously Mr. Wilkinson served as Chief Commercial Officer at content distribution giant 1WorldSync. For nearly two decades, Mr. Wilkinson drov...Read More

By: Ira EpsteinGold forming into a bearish trend, lower highs and lower lows...Read More

By: Ira EpsteinGold - which will the market decide to go. For now, I will say the bears have control..Read More

Stefan Gleason, Money Metals ExchangeMonday's spike in crude oil prices could be a game changer - for geopolitics, for the economy, and for investors.Normally it would be foolhardy to draw big, sweeping conclusions from a single day's trading activity.But in this case, it's not just the fact that oil prices surged 13% to over $62/barrel. Or even the fact that more than 5% of the world's oil prod...Read More

South African manganese miner Kalagadi Manganese has signed a 3 billion rand ($203.8 million) five-year contract with Transnet for the transportation of 3 million tonnes per year of sinter manganese for export, both parties said on Monday September 16. The contract follows 12 years of discussion between Transnet and Kalagadi, which started development of its project, a mine and sinter plant, 19 ye...Read More

The London Metal Exchange will give members incentives to trade cash-settled futures contracts as well as those for precious and ferrous metals. With the aim of encouraging burgeoning futures markets for the likes of cobalt, alumina and steel scrap, the exchange has devoted a pot of $2 million to subsidize category I and II members trading the contracts that were launched over the last five years,...Read More

The London Metal Exchange will give members incentives to trade cash-settled futures contracts as well as those for precious and ferrous metals. With the aim of encouraging burgeoning futures markets for the likes of cobalt, alumina and steel scrap, the exchange has devoted a pot of $2 million to subsidize category I and II members trading the contracts that were launched over the last five years,...Read More

Scrap suppliers succumbed to lower bids from Turkish steel mills and deep-sea scrap import prices have fallen by almost $10 per tonne in the latest transactions as a result, sources said on Wednesday September 18.A UK supplier sold two cargoes of HMS 1&2 (80:20) to two Turkish steel mills in the Iskenderun region at $228 per tonne cfr - one of 17,000 tonnes and the other 20,000 tonn...Read More

There are no signs of ferrous scrap import prices bottoming out in Asia any time soon, sources told Fastmarkets this week."Ferrous scrap prices in Asia are trapped in a bottomless pit," a source at a Japanese scrapyard said on Wednesday September 18. "It seems like there is no end to the price falls."Sellers have continued to offer lower prices this week into major import markets, with key pr...Read More