Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of $394.3 million-a 255.4% jump over 2017's $110.9 million-driven by an increase in gold production and sales from its Oyu Tologi copper-gold mine in Mongolia.Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017. The income jump was driven by an inc...Read More

Silvercrest Metals (TSXV: SIL; NYSE: SILV) has upgraded the resource at its Las Chispas silver-gold property in Sonora, Mexico, to the indicated category for the first time.The project now contains 1 million indicated tonnes grading 6.98 grams per tonne gold and 710.6 grams silver, or 1,234 grams silver equivalent, for 224,900 oz. gold and 22.89 million oz. silver, or 39.8 million oz. silver equi...Read More

Newmont Mining (NYSE:NEM) announced Friday that the $245-milion power station project for its Tanami gold mine in northern Australia had been completed.The world's No.2 gold and copper producer, which has fully owned and operated the mine since 2002, said the project included the installation of two power stations, a 66 kV interconnected power line, and a 450 km natural gas pipeline.Newm...Read More

Australia's Lucapa Diamond (ASX:LOM) has recovered an 83.9 carat diamond from its recently commissioned Mothae mine in Lesotho, Africa.The stone is the fourth diamond over 50 carats the company has recovered to date at its 70%-owned Mothae operation.While the find was not gem-quality, Lucapa says it continues to underline the large-stone nature of the kimberlite resource.Commercial production at...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed higher Friday amid optimism the U.S. and China were making progress on a trade agreement, while Boeing  (BA)  rose on news of a faster fix to its 737 MAX 8 jets. Broadcom (AVGO) posted stronger-than-expected first-quarter earnings, reiterated its 2019 revenue forecast and said...Read More

Aluminium billet premiums in Europe and the United States moved lower on Friday March 15 due to continued weak demand, and the market remained quiet elsewhere. Italian premium drops 4.5%. Long term contracts dominate Brazilian market. US spot market remains quiet. Asia yet to see Russian units. Aluminium billet in Germany continues slide; premiums down throughout EuropePoor fundamentals and b...Read More

Copper continues to capitalize on the narrowing $0.75 per tonne cash-to-March spread contango, while the three-month contract rises to $6,430 per tonne, up $26 per tonne from the $6,404-per-tonne close on March 14.The three-month copper price seems to be ignoring the significant influx of material into Asian LME warehouses on March 15, with 18,905 lots of material traded during the day's session.N...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Bob Moriarty ArchivesMar 15, 2019In 1956 I was ten. We lived in a tiny house in Phoenix, Arizona. Grammar school was just down the road perhaps a mile away. The management of the school system in Phoenix didn’t have much imagination. The name of the school was Madison #2. At the time I think there were six elementary schools in Phoenix all named Madison.I was in the 4th grade. My teacher&rsq...Read More

Nyrstar NV shares were down by 12% on the morning of Friday March 15 after the company indicated that its continuing capital restructure will involve a debt-for-equity swap to bondholders."The economic effect for the shareholders of Nyrstar NV of the restructuring transaction would be a very substantial dilution," the world's second-largest zinc producer said in a note on the Euronext exchange thi...Read More

Adam HamiltonArchivesMar 15, 2019 The major gold miners are grinding higher in a solid upleg, fueling growing interest in this small contrarian sector. They've mostly finished reporting their fourth-quarter results, revealing how they are really faring fundamentally. Collectively the world's biggest gold miners continue to face serious challenges, which often stem from declining production. That m...Read More

Metals Ex revealed last month previous management had wildly overstated the recoveries at the Runruno gold mine in the Philippines. At the start of 2019, Darren Bowden came in as the new CEO, replacing Ian Holzberger.The company has remained in financial peril since the change. There is now US$44 million due at the end of March, although the company has asked lenders HSBC...Read More

Key data from the March 15 pricing session in London: Key drivers:  Prices edge lower again in the second half of the week although the midweek drop to low the $14s deters some consumers from buying again, in anticipation of weaker prices. One so-far isolated sale at $13.20 per lb...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 205,250126,43175,211192,029300,503472,490502,145 Change from Prior Reporting Period 2,62211,82115,48136,29730,77454,40058,076 Traders 19867845056283176 Small Speculators LongShortOpen Interest 57,54027,885530,030 4,31964358,719 non reportable positionsCha...Read More

The major gold miners are grinding higher in a solid upleg, fueling growing interest in this small contrarian sector. They've mostly finished reporting their fourth-quarter results, revealing how they are really faring fundamentally. Collectively the world's biggest gold miners continue to face serious challenges, which often stem from declining production. That makes stock picking more im...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

CEO Kenneth Lewis & Chris Waltzek Ph.D. - Download interview -- MP3 fileHighlightsLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!)ONEGOLD Inc. holds physical gold and silver metals at the Royal Canadian Mint through our friends at APMEX and Sprott. CEO of APMEX and founder of ONEGOLD Inc., Kenneth Lewis return...Read More

Face it, this monster could veer wildly in either direction right now, and even an Einstein could not confidently predict which. My heart's desire is to see the S&Ps plunge into the molten pit of hell by summer. The 2313.00 target shown suggests that, at least from a technical standpoint, this is possible. Presumably, the years-overdue collapse would drive out the crooks who have rigged shares...Read More

Global scrap prices mostly trended upward during the working week from Monday March 11 to Friday March 15, with the exception of prices in Turkey, where lackluster sales of finished steel products limited buying activity during the week. Lackluster finished steel sales in Turkey limit scrap buying US export prices up on bulk sale to Turkey Northern Vietnam mills still hungry for scrap Mixed sentim...Read More

UK prices for alloy steel scrap moved up slightly over the past week despite higher costs for nickel, sources told Fastmarkets on Friday March 15.Fastmarkets' weekly price assessment for domestic UK 18/8 stainless steel scrap solids was ?840-880 ($1,113-1,266) per tonne delivered on March 15. This was up from ?830-870 per tonne delivered a week earlier, reflecting transactions heard in the...Read More