Mar 18, 2019 Guest(s): Will Rhind CEO, GraniteShares Current monetary policy is conducive to a rise in gold prices, either this year or next, said Will Rhind, CEO of GraniteShares. "The rate hike calendar for this year wasn't going to be the same, and we obviously had the [Fed] meeting in January where it was confirmed that the Fed was going to put their policy on hold, and I think more than tha...Read More

A Brazilian court has ordered iron ore miner Vale (NYSE:VALE) to freeze 1 billion reais (about $260 million) in funds as compensation for affected communities following the January dam disaster at the company's Corrego do Feij??o mine, which left at least 300 people dead."In addition to the block of funds, the decision also requires that Vale pays for the sheltering, lodging, maintenance and feedi...Read More

Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, have awarded Thiess' subsidiary CIMIC a $1.2-billion contract to extend the lifespan of their Jwaneng mine.Jwaneng, which began operations in 1982, is currently 650 metres deep, but its owners want to deepen the pit to 830 meters (2,700 feet), which will allow continuing operations f...Read More

Apex Resources has confirmed a 1.5 km by 150 metre gold in soil anomaly at its Ore Hill gold property near Salmo, B.C., after compiling historic and modern data on the project.The data base includes 90 rock samples taken by past operators between 2016 and 2018 grading as high as 119 grams per tonne gold and 105 grams gold. All but two of the samples were taken by the properties last operator, Marg...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 importan...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended higher Monday. A decline in shares of Boeing  (BA) and a report saying that U.S.-China trade talks may be pushed back to June limited gains. Shares of Overstock (OSTK) tumbled after the discount e-tailer missed fourth-quarter expectations. Shares fell 5.3%. Lumber Liquidators (L...Read More

Aluminium on the London Metal Exchange was higher at the close of trading on Monday March 18, having peaked at its highest since February 6.The three-month aluminium price ended at $1,920.50 per tonne, up $23.50 from the pre-weekend close.For much of March, the three-month price held below resistance at $1,900 per tonne. It hit a two-month low of $1,845 per tonne on March 11. Around 45% of LME alu...Read More

Treatment and refining charges (TC/RCs) for spot copper concentrates dropped sharply in early March with Chinese smelters entering the market in earnest for units, while a lack of supply from blockaded Las Bambas mine has also prompted spot buying. The Fastmarkets TC/RC index for spot copper concentrates dropped by $5.3 per tonne / 0.53 cents per lb on March 15 to $69/6.9 cents, the lowest si...Read More

Revenue garnered from the United States' Section 232 tariffs - in place for almost a year - stood at $4.3 billion for steel and $1.4 billion for aluminium as of Thursday February 21, 2019, according to data from US Customs and Border Protection.While the blanket 25% steel tariffs imposed by US President Donald Trump's administration has helped US steel mills to reap record profits, restart id...Read More

Here are five Fastmarkets MB stories you might have missed on Monday March 18 that are worth another look.Bulk alloy suppliers are reporting increased prompt demand from British consumers amid concerns about potential supply disruptions when the United Kingdom leaves the European Union. A preliminary decision from a court in Brazil's Itabira city, in the country's southeastern Minas Gerais st...Read More

The expectation for higher tender prices for chrome ore in April supported the prices for ore in China and for alloy in Japan and South Korea, Fastmarkets heard on Monday March 18. UG2 and Turkish lumpy ore prices rise Domestic alloy price climbs in China Alloy prices in Europe, Japan, South Korea increase Imported alloy prices stable in US, China.Prices for chrome ore imported into China and in C...Read More

South Africa's labour court ordered the Ghana-focused developer to pay former exploration director Hendrik Schloemann $140,000 plus interest and legal costs in December. GoldStone told shareholders it would consider an appeal after the ruling, but withdrew its application for leave to appeal on February 5 in secret. In the case, Schloemann successfully argued he had not resigned, as the...Read More

Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") is now trading under the new name and is pleased to announce results from its 2018 Field Program at its Graphite Creek Project, a large?EUR?flake graphite deposit located in the Kigluaik Mountains on the Seward Peninsula approximately 60 km north of the City of Nome, Alaska.Highlights:Drilling Res...Read More

Analysts from Bernstein forecast the transition to a "green economy" providing the most upside to cobalt prices, which it expected to rise 173% in the medium-term.Read More

Treatment and refining charges (TC/RCs) for spot copper concentrates dropped sharply in early March with Chinese smelters entering the market in earnest for units, while a lack of supply from blockaded Las Bambas mine has also prompted spot buying. The Fastmarkets TC/RC index for spot copper concentrates dropped by $5.3 per tonne / 0.53 cents per lb on March 15 to $69/6.9 cents, the lowest si...Read More

DRA Global, the Perth-headquartered parent company of the Johannesburg-based DRA Engineering business, is close to wrapping up its important strategic purchase of fellow South African company SENET,Read More

Key data from the pricing sessions in London and Shanghai on Friday March 15.China- The Chinese grade 553 silicon export price rose to $1,560-1,620 per tonne on March 15 from $1,550-1,610 per tonne on March 8, reflecting a resumption in demand- The grade 553 silicon price has been underpinned by improved buying interest from Southeast Asian traders and buyers, while market participants also noted...Read More

US-based Parker Bay says deliveries of trucks, excavating and loading equipment, and related mobile mining gear in calendar 2018 continued the market expansion that recommenced in the second half of 2016 after "perhaps the most severe contraction the large surface mining markets have ever experienced".The "annual aggregate value" of 2018 deliveries of US$7.6 billion compared with the estimated 201...Read More

A group from the San Gerardo community called "United for Development" submitted a legal challenge citing a violation of their rights as a result of the recent actions of the Ecuadorian National Electoral Council (CNE) to endorse the anti-mining referendum. As a result of the suspension, the Constitutional Court will have final legal jurisdiction to determine its constitutionality."We are very ple...Read More

By: Dave KranzlerI sourced the chart below from a blog called The Macro Tourist. I added the title and the two yellow trend lines. The chart shows the daily price of gold since the inception of the bull market in 2000-2001. Last Friday (March 8th) gold popped $12 +/- (depending on the time from which you measure). I mentioned to some colleagues that "gold may be starting something special."The...Read More