Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldWith reserve development at Darlot, and delivery of the 160,000-200,000ozpa King of the Hills project, Red 5 is aiming to become a 250,000-300,000ozpa WA-focused producer from FY23.Williams was asked about ongoing efforts to reduce costs and boost cash flow from Darlot, and the latest on the company's financing and develo...Read More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More
While you might not strike rich, you can enjoy the great outdoors and take part in a historic Colorado pastime by gold panning along the river.Read full newsRead More
Amid the encouraging announcements on the vaccine, the high-growth TSX stocks, which had witnessed strong growth this year, have experienced some pressure. The shift in investors’ focus toward value stocks, steep valuations, and the expectation of a decline in the demand for their services with life and business returning to pre-pandemic ways have led to a fall in their stock prices.Meanwhil...Read More
Things are looking well on the labour and investment fronts in the first week of December 2020. The Toronto Stock Exchange (TSX) is teetering close to its 10-month high, while November’s unemployment rate dropped slightly. Meanwhile, the jump in oil prices was a welcome boost.Although the TSX is back in positive territory (+2.68% year to date) and 62,000 jobs were added to the economy last m...Read More
Here are five Fastmarkets stories you have missed on Monday December 7 that are worth another look.Brazilian exports of ferrous scrap plummeted in November 2020 with the country's industry focused on the domestic market, although Bangladesh remained the principal destination for the shipments that were made, data from...Read More
Some new factors have driven up the price of gold. You might want to buy bullion and gold producers to diversify. Just keep its long-run disadvantages in mind.One factor supporting the price of gold is a growing middle class in China and India which prize the yellow metal.Gold trades at a price that has risen significantly in 2020. Several new factors are supportive of the price of gold and gold p...Read More
Lead and zinc prices posted the biggest gains by the 5pm close on the London Metal Exchange on Monday December 7, with the rest of the complex remaining largely flat but at high levels. Lead's three-month price closed at $2,076 per tonne, a 2.4% increase on Friday's closing price of $2,027.50 per tonne.Its sister metal, zinc, also experienced a rise of 1% to close the day's trading at $2,786.50 pe...Read More
Market participants are split on whether rising aluminium premiums in Asia are bullish or bearish for premiums in Europe. Higher premiums in China make it more lucrative to focus on that region rather than on Europe, the majority of participants told Fastmarkets throughout last week. This is propelling the Rotterdam premium higher by driving tonnages away from this market. Fastmarkets assessed the...Read More
Jack ChanPosted Dec 7, 2020***The 12 year bear market in energy/oil sector has ended this year. ETFs in this sector should produce above average return over the next few years. For this week only, public readers of our weekly gold updates can receive a free copy of our special energy report by sending a request to:bullsalive@gmail.comYour email address will not be kept on file and you will not rec...Read More
Privately-backed BMC Minerals could be in position to push the development button on the Kudz Ze Kayah silver/zinc project in Canada's Yukon territory in 2021 as permitting, engineering and financingRead More
The latest data for the global manganese ore market for the week ended December 7, 2020.This article was updated...Read More
Buyers of MMG's Las Bambas copper concentrates have been informed of possible delays due to a blockade of transport routes by local protesters, Fastmarkets understands. The Australian-Chinese miner did not declare force majuere as of Monday December 7, sources said. Vehicles carrying personnel, copper output, equipment and supply of Las Bambas have been blocked by protesters, comprising...Read More
Copper concentrate treatment and refining charges rose at the beginning of December with the market becoming quieter during the annual benchmark negotiation period.The progress in TC/RC negotiations has been slow in the week ended Friday December 4, with a considerable gap between the aspirations of major miners and smelters, sources familiar with the matter said.In the spot market, Fastmarkets' c...Read More
The latest data for the global manganese ore market for the week ended December 7, 2020.This article was updated...Read More
Key data from Fastmarkets' pricing session in China on Friday December 4.Key drivers China's silicon export price continued to rise with higher offer prices from exporters and deals reported within the assessed price range. Sources were not very active in making offer prices given that they could not obtain...Read More
Here are five Fastmarkets stories you have missed on Monday December 7 that are worth another look.Brazilian exports of ferrous scrap plummeted in November 2020 with the country's industry focused on the domestic market, although Bangladesh remained the principal destination for the shipments that were made, data from...Read More
The Turkish scrap import prices have reached their highest since March 2018 on fresh transactions heard over the weekend, sources said on Monday December 7.A steel mill in the Marmara region booked a Baltic Sea cargo comprising 22,000 tonnes of an 80:20 mix of No1 and No2 heavy melting scrap at $375 per tonne and 3,000 tonnes of bonus at $385 per tonne cfrThe previous Baltic Sea cargo was sold at...Read More
The price of European aluminium ingot 226 hit its highest since August 2018 in the week to Friday December 4 after an ongoing shortage of scrap raw materials lead to offers, bids and deals at elevated levels, while market participants struggle to secure tonnages for the first quarter of 2021, Fastmarkets was told.Fastmarkets assessed the price of aluminium diecasting ingot DIN226/A380, delivered E...Read More