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

Base metals ended flat to lower on the London Metal Exchange on Thursday September 19- tin closed below $17,000 per tonne and copper below $5,800 per tonne.The three-month tin price ended at $16,457 per tonne this afternoon, its weakest close since August 30 and down from an intraday high of $16,895 per tonne - a drop of around 2% from Wednesday.Volumes were comparatively high - 593 lots changed h...Read More

The China Smelters Purchase Team (CSPT), which comprises the largest copper smelters in the East Asian country, is set to accept two new members - Zhejiang Jiantong Fuye Heding and Huludao Zinc's copper subsidiary - sources directly involved have told Fastmarkets.Sources from both companies have confirmed to Fastmarkets that applications were made, and they are optimistic about receiving approval....Read More

Bob Moriarty ArchivesSep 19, 2019There is a giant difference between those who have been in combat and those who have not. I spent almost two years in Vietnam so I understand a lot about stupid illegal criminal wars. One is that 80% of those in combat zones never hear a shot fired in anger. The vast majority of those who engaged in combat in Vietnam were either infantry or chopper pilots. They got...Read More

Weak demand and good availability of cargoes continue to put pressure on global alumina prices toward the end of the third quarter of 2019, with prices on a downward spiral over the past four months.Fastmarkets' benchmark alumina index, fob Australia fell to $292.50 per tonne on Tuesday September 17, its lowest since May 25, 2017, and remained little changed at $292.51 per tonne the foll...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 19, 2019 Please click here now.The Fed just cut interest rates again.It also cut the rate it pays banks on their excess reserves. What does this mean for gold?Well, the 30basis point cut on excess reserves is bigger than the 25basis point cut on the fed funds rate.That could incentivi...Read More

Here are five Fastmarkets MB stories you might have missed on Thursday September 19 that are worth another look.Ramp-ups in Chinese nickel pig iron (NPI) production will not inhibit the use of traditional ferro-nickel in European stainless steel production, multinational miner Anglo American's head of business intelligence told Fastmarkets at the International Stainless and Special Steel Summit in...Read More

President and CEO Tim Moody, who spent 24 years with Rio Tinto including five as exploration director, said: "The scale of the target on the Torrubia copper trend is very attractive."The company said yesterday it had started drilling the large and untested Torrubia North target at its Águilas project, to test a high priority soil copper anomaly of up to 1.9km by 350m, where grab samples had...Read More

The China Smelters Purchase Team (CSPT), which comprises the largest copper smelters in the East Asian country, is set to accept two new members - Zhejiang Jiantong Fuye Heding and Huludao Zinc's copper subsidiary - sources directly involved have told Fastmarkets.Sources from both companies have confirmed to Fastmarkets that applications were made, and they are optimistic about receiving approval....Read More

Morgan said he would not disclose which countries "because there are commercial negotiations going on, but we are talking to three people in various countries within the region".Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") intends to complete a non-brokered private placement of units of the Company ("Units") at a price of $0.05 per Unit, for anticipated aggregate gross proceeds to the Company of approximately $1.5 million (the "Offering").Each Unit is expected to be comprised of one common share of the Company ("Common Share") and...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has received a purchase order of $800,000 for its UR7 rugged handsets. Built on the Android operating system, the UR7 is a unique LTE rugged clamshell smartphone device that has a large Push-to-Talk (PTT) button and crystal clear cellular call quality via dual...Read More

Newmont suspended the mine for the second time this year on Sunday after a blockade began again over water and contractor issues. Newmont Goldcorp Mexico director of external relations told Reuters the company had made "a very generous offer" but the blockade leaders were demanding hundreds of millions of dollars in cash for themselves.However local leader Felipe Pinedo denied the allegation...Read More

Weak demand and good availability of cargoes continue to put pressure on global alumina prices toward the end of the third quarter of 2019, with prices on a downward spiral over the past four months.Fastmarkets' benchmark alumina index, fob Australia fell to $292.50 per tonne on Tuesday September 17, its lowest since May 25, 2017, and remained little changed at $292.51 per tonne the foll...Read More

Ahead of Fastmarkets' Battery Materials Europe conference in Amsterdam, we hosted a free web seminar to discuss recent market moves in the battery and EV sector, and what to expect over the coming months. If you missed it, follow the link below to listen to the free recording. What is driving the battery raw materials markets? During the webinar, we discussed: Cobalt: metal, salts and interme...Read More

The Fed's so-far $128 billion intervention in the repo market slipped off the Wall Street Journal's front page by evening, hardly a concern. Don't be surprised if, years from now, the squeeze on short-term borrowers that caused this flurry of excitement is cited as an early warning sign of the banking system's coming collapse. On Tuesday, there simply weren't enough dollars around to keep short...Read More

By: Gary SavageGold $1,450 / $1,480 as potential downside targets. Gold is just going to take some time to undergo intermediate correction..Read More

Expectations of stockpiling activity ahead of the Chinese National Day holiday (October 1-7) have boosted sentiment among suppliers, leading to higher spot quotations for battery raw materials, including cobalt sulfate and tetroxide. Fastmarkets' assessment for cobalt tetroxide 72.6% Co min, delivered China rose to 200,000-210,000 yuan ($28,140-29,547) per tonne on Wednesday September 18, up...Read More

The deep-sea scrap import market in Turkey was quiet again after earlier bookings of UK-origin cargoes sent prices down sharply, sources said on Thursday September 19.On Wednesday, two steel mills in the Iskenderun region booked UK cargoes at $228 per tonne cfr for HMS 1&2 (80:20).After these sales, the daily scrap indices went down by almost $10 per tonne on September 18.Steel producers and scrap...Read More

* Dollar slips, gives up overnight gains * U.S., Gulf allies discuss possible response to Saudiattack * Bank of Japan leaves interest rates unchanged (Updates prices)By Brijesh PatelSept 19 (Reuters) - Gold rose back above $1,500 an ounce onThursday as the focus returned to global growth risks and MiddleEast tensions, helping bullion recover after the U.S. FederalReserve cut interest rates but gav...Read More

$2.5 billion.This is the value of the cannabis extracts segment - a segment that most investors don't even know about because it's not particularly exciting.But you know what is exciting?The fact that this market will be worth $90 billion by 2030. That's a CAGR in excess of 30%, and that's actually a conservative number.So what are extracts?Extracts are products derived from the cannabis flower th...Read More