Week in review While the...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 latest issue as soon as it...Read More
Largely overlooked at LME Week There...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 latest issue as s...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
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 latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS 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 lat...Read More
The metals continue to hold their ground at higher levels; gold managed to hold $1,230 and silver $14.65. All signs point to higher prices, with both metals approaching key decision points once again. The numbers to watch are $1,240 for gold and $14.80 for silver. A break above will be considered another breakout and more than likely lead to a continuation of this rally while building strength und...Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreVale, Global Ore, 170,000 tonnes of 62% Fe...Read More
Seaborne iron ore prices were rangebound on Tuesday October 16, while premiums for Pilbara Blend fines were up slightly. MB 62% Fe Iron Ore Index: $71.50 per tonne cfr Qingdao, down by $0.16 per tonne.MB 62% Fe Pilbara Blend Fines Index: $70.53 per tonne cfr Qingdao, down by $0.16 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $76.70 per tonne cfr Qingdao, up by $0.36 per tonne.MB 58% Fe Premium...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points in pre-opening trade.Johnson & Johnson added $0.04 to $133.99 after reporting higher than consensus third quarter earnings. The company also raised guidance.Goldman Sachs added $2.66 to $217.88 after reporting higher than consensus third quarter earnings. Adobe (ADBE $238.01) is expected to open higher af...Read More
Spot prices for seaborne coking coal held steady on Tuesday October 16 amid few active offers, and even fewer bids."Sellers will try to hold on to their cargoes in anticipation of a new round of restocking in mid-November," a southern Chinese mill source said."Expectations of domestic coking coal prices rising further by another 50-100 yuan ($7.20- $14.40) per tonne in the next month to come will...Read More
China's ferrous futures trended upward during morning trading on Tuesday October 16, recovering from a drop during the Monday night session.Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,157 yuan ($601) per tonne, up 31 yuan per tonneJanuary hot rolled coil: 3,975 yuan per tonne, up 49 yuan per tonneDalian Commodity Exchange January iron ore: 510.50 yuan per to...Read More
Many believe the U.S. cannot compete with China on a manufacturing basis. While the U.S. is unlikely to employ as many manufacturing workers as it did in the 1970s, it is much stronger - and competitive - than most assume.This time on FS Insider we spoke with Lauren Saidel-Baker at ITR Economics to discuss their outlook on the U.S. economy and on the factors making America's manufacturing great ag...Read More
Most of us know the story of Chicken Little, who ran around the barnyard crying out about impending doom after an acorn fell on her head. In the story, the sky is not falling, of course, but to Chicken Little, facts didn’t matter. Rather than investigate and learn what was happening, Chicken Little panicked and spread her fear to others.All of us know Chicken Littles-the classic cynic and pa...Read More
People think investing is risky.When I was growing up, my poor dad believed this. Because he valued comfort and security, he felt that smart people got a good job and saved their money. He would say things like, "Do you think money grows on trees?" or "Do you think I'm made of money?"My rich dad, on the other hand, felt that my poor dad's plan was risky. He aspired to own his own businesses and to...Read More
The latest metal markets news and price moves to start the North American day on Tuesday October 16.London Metal Exchange base metal prices were lower across the board during this morning trading, with aluminium's three-month price largely unaffected by a 70,000-tonne delivery.Following the largest inflow since April this morning, total LME aluminium stocks are now sitting just below 1 million ton...Read More
Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday October 16*Copper -$118.42 (-822.04 yuan)Aluminium -$450.55 (-3,127.64 yuan) Zinc $32.91 (228.49 yuan) Nickel $442.07 (3,068.75 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month prices at 3pm Shanghai time, taking account...Read More
Calgary, Alberta (October 16, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that the Company has hired Mr. Richard Dufresne, P.Geo. as Exploration Manager for the Company's projects in British Columbia and Mexico. The Company is also providing an update on the company's current diamond drilling campaigns underway...Read More
Here are eight key things Fastmarkets MB learned at the aluminium trade show in Dusseldorf on October 9-11 and during LME Week in London. Market cautious on spreads, Rusal Market participants are watching the developments in the aluminium market in the coming months with caution, due to uncertainty about spreads and the future of sanctions against UC Rusal. Should the United States remove sanction...Read More
A scientific workshop on chronic kidney disease of unknown causes, or CKDu, organized by Tissa Illangasekare, AMAX Distinguished Chair of Civil and Environmental Engineering at Colorado School of Mines, was recently highlighted by the National Science Foundation.The NSF-funded workshop in Sri Lanka brought together hydrologists, engineers, occupational medicine specialists, social scientists and...Read More
This episode features a keynote speech by one of the mining industry's leading futurists: George Hemingway, Partner and Head of the Innovation Practice at The Stratalis Group in New York City.Recorded live at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in downtown Toronto in mid-October 2018, George's keynote touches on all aspects of how a mining company can fo...Read More