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
Fastmarkets outlines some of the key topics likely to dominate discussions when participants of the battery raw materials and electric vehicle supply chain gathers in Amsterdam this week.Are cobalt buyers serious about booking early for 2020? Some discussions for cobalt supply agreements in 2020 started almost as soon as Glencore announced it would close its Mutanda mine at the end of the yea...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday September 25 that are worth another look.Global long steel consumption was expected to reach 851 million tonnes in 2019, up by 2.4% year on year although mounting political uncertainties such as trade wars and the UK's intended exit from the EU may soften this growth, according to steelmaker Celsa.Despite concerns of low price...Read More
Fastmarkets outlines some of the key topics likely to dominate discussions when participants of the battery raw materials and electric vehicle supply chain gathers in Amsterdam this week.Are cobalt buyers serious about booking early for 2020? Some discussions for cobalt supply agreements in 2020 started almost as soon as Glencore announced it would close its Mutanda mine at the end of the yea...Read More
Gold has had a good third quarter, rising 8%, according to UBS. Two factors suggest gold may be set for further rises in the immediate future.In India, the monsoon season brought higher rainfall than usual, which will boost agricultural incomes and thus drive increased purchase of gold.Meanwhile in China, forward contracts have surged to record highs on the Shanghai Gold Exchange, and there has be...Read More
The event heard from a mixed of big producers and "smaller … underappreciated base metals miners", host Jefferies said.The bank's analysts said management teams from Freeport McMoRan, Anglo American, Vale, Teck, HudBay Minerals, Ivanhoe Mines, OZ Minerals, KAZ Minerals, Lundin Mining, Ero Copper, Taseko and Northern Dynasty Minerals expressed a general tone of "cautious optimism"."These min...Read More
In a report released on Friday, A vision for a sustainable battery value chain in 2030, the WEF argues batteries can cut emissions by 30% in the transport and power sectors, creating 10 million jobsRead More
Is Gold now back in a bull market? Most gold bugs think so and are quick to proclaim that.But, could Gold remain in a secular bear market? It hasn't made a new all time high in 8 years and the perma-bull, financial asset loving crowd certainly believes so.This is semantics because what really matters is making money and nothing else. With that said, Gold is not in a real bull market yet. We can...Read More
Gold's strength is no secret at this point, and that's why the uptrend is getting trickier to play. Let me offer a few suggestions..Read More
By: Ira EpsteinGold resistance can be seen around $1,556 - Dec. Gold (upper Bollinger band). The silver chart looks pretty darn good..Read More
Trade war will continue. Trump bashing China for atrocities to Muslims is a part of the trade war. Saudi Arabia has a beheading culture. Not a single nation dare criticize Saudi Arabia. Wahabi form of Islam is funded by Saudi Arabia to spread it worldwide. Wahabi form of Islam is more repressive than Chinese atrocities towards Islamic followers. Which nation or religion allows lashes for petty c...Read More
An overview of the minor metals markets and their latest price moves.Read More
Fastmarkets outlines some of the key topics likely to dominate discussions when participants of the battery raw materials and electric vehicle supply chain gathers in Amsterdam this week.Are cobalt buyers serious about booking early for 2020? Some discussions for cobalt supply agreements in 2020 started almost as soon as Glencore announced it would close its Mutanda mine at the end of the yea...Read More
Despite concerns of low prices and poor demand, the aluminium market still has growth potential due to the automotive industry, McKinsey & Company's Benedikt Zeumer said at Fastmarkets' International Aluminium Conference held in Athens, Greece.The fastest growing underlying factor to global aluminium growth is the global automotive sector, Zeumer said. McKinsey's outlook does not indicate that the...Read More
Turkish steel producers have continued to book deep-sea scrap cargoes for November shipments, confirming another downturn in the prices, sources said on Wednesday September 25.A steel mill in the Iskenderun region booked a US cargo, comprising 15,000 tonnes of HMS 1&2 (80:20) at $228 per tonne, 15,000 tonnes of shredded at $233 per tonne and 2,000 tonnes of plate and structural scrap (P&S) at $238...Read More
Fastmarkets outlines some of the key topics likely to dominate discussions when participants of the battery raw materials and electric vehicle supply chain gathers in Amsterdam this week.Are cobalt buyers serious about booking early for 2020? Some discussions for cobalt supply agreements in 2020 started almost as soon as Glencore announced it would close its Mutanda mine at the end of the yea...Read More
The London Metal Exchange will extend the waiver of listing fees for new cobalt brands until December 20, 2019, it said on September 24. The exchange launched the initiative on March 26 this year, initially for six months, in an effort to encourage liquidity on its physically delivered cobalt contract. Since then, Norilsk grade-I cut cobalt cathodes and Huayou cut cobalt cathodes have been listed...Read More
The climate rebels were out in full force on Monday.And whether you love or hate them, there's no question that they can put on a good show.This time, they hung up their kayaks, grabbed Sharpies and their biggest poster boards, then got in their gas guzzlers to brave the tumultuous D.C. traffic to do their part to shut down as much of Capitol Hill as possible for the day.Don't worry, this time pol...Read More
Sandstorm Gold Ltd. (NYSE American: SAND, TSX: SSL) is a gold royalty company, with a growing portfolio that consists of a stable base of cash-flowing royalties. We learned from Kim Forgaard, Director, Capital Markets for Sandstorm Gold, that Sandstorm has about 190 streams and royalties in its portfolio, 23 of which are producing. This year, in 2019, they are expecting to have between 63 to 70 th...Read More
Eastern China's hot-rolled coil prices retreated on Wednesday September 25 with traders seeking more sales before the country's October 1-7 Golden Week.DomesticEastern China (Shanghai): 3,640-3,650 yuan ($512-513) per tonne, down 20 yuan per tonneNorthern China (Tangshan): 3,600 yuan per tonne, unchangedHRC futures traded below Tuesday's settlement price of 3,522 yuan per tonne for most of the day...Read More
Here is what's new today on INK Ultra Money.1. High yielding Plaza Retail is beating Amazon out in the open - INK Research (subscriber content plus free audio)In the September 24th Morning Report, INK Research focuses on Plaza Retail REIT (PLZ) which has outperformed retail juggernaut Amazon (AMZN) over the past year. The secret to the their success might be found outdoors.Plaza CEO Michael Zak...Read More