CEO Rick Trotman discussed Barksdale Resources' projects and plans and says that from a speculative investment standpoint,Read full newsRead More

With gold cooling off after peaking in 2020, investors are turning towards silver and mining stocks of silver miners as a long-term game plan. Silver has been reacting to the raw demand that’s filling its pipeline. For this reason, The Silver Institute forecasts global silver demand to rise by 11% in 2021 to reach an eight-year high. As the industrial demand is nearing a four-year high of 5...Read More

Kinross Gold (TSX:K)(NYSE:KGC) is principally engaged in the mining and processing of gold and silver ore. The company is engaged in the exploration and the acquisition of gold bearing properties in North America, the Russian Federation, West Africa, and worldwide. The principal products of Kinross are gold and silver produced in the form of doré bars that are shipped to refineries for fina...Read More

Congress is set to give final approval to Biden's $1.9 trillion coronavirus stimulus package today - which amounts to one of the largest bailouts in American history.Where are they going to get this $1,900,000,000,000 to pay for it?Well, the government certainly doesn't have any savings it can dip into. In fact, it only has an insurmountable pile of debt - which now totals over $28 trillion.So the...Read More

You may have noticed the bond market has garnered some serious attention over the past few weeks. So serious, in fact, that FOMC members and the chairman himself even felt the need to try and play down concerns. Nevertheless, we're seeing broad dislocation between the bond market and the Fed's wishes.And one reason for that is that the market sees through the Fed's lies and denialism regarding i...Read More

Mar 12, 2021 Gold's role as the primary inflation hedge has been replaced by other assets, as investors bet on raw commodities to outperform during a reflationary environment, said Phil Streible, chief market strategist of Blue Line Futures. "Typically, [gold and inflation expectation] do correlate together because gold has historically been a great asset class for inflation," Streible said. "Howe...Read More

Vedanta Zinc International's Gamsberg zinc mine in South Africa could post a production loss of up to 40,000 tonnes in 2021, a source with direct knowledge of the matter confirmed to Fastmarkets.Mining activity temporarily halted at the Gamsberg mine after a pit collapse in November 2020, but restarted in January. The mine has a capacity of 250,000 tonnes per year of zinc in concentrate....Read More

Aluminium billet premiums in Europe reached all-time highs on Friday March 12, with the US billet premium now barely below a record high, and supply squeezed across the globe.EuropeBillet premiums in Europe continued to soar on Friday due to continued supply tightness and logistics issues.The premium has overtaken the multi-year highs reached when US sanctions imposed on producer Rusal caused pani...Read More

Aluminium primary foundry alloy (PFA) premiums in Europe rose to more than two-year highs on Friday March 12, while the premium in the United States was unchanged at a 19-month high.EuropePremiums in Europe were driven higher by a lack of supply, rising raw material costs and global logistics complications. Fastmarkets' assessment of the aluminium primary foundry alloy silicon 7 ingot premium, ddp...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More

Bob Moriarty ArchivesMar 12, 2021The hottest flavor in gold resource stocks today has to be in Newfoundland. New Found Gold lit the fire in 2019 as a private company with their first hole registering 19 meters of 92.9 g/t gold. NFG is in the midst of a 200,000 meter drill program that continues to deliver world-class results every couple of weeks. But just to the west of NFG is a much smaller comp...Read More

Vedanta Zinc International's Gamsberg zinc mine in South Africa could post a production loss of up to 40,000 tonnes in 2021, a source with direct knowledge of the matter confirmed to Fastmarkets.Mining activity temporarily halted at the Gamsberg mine after a pit collapse in November 2020, but restarted in January. The mine has a capacity of 250,000 tonnes per year of zinc in concentrate....Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday March 12. ChinaThe spot domestic market price remained firm when production was suspended in Baotou due to the energy consumption restrictions in Inner Mongolia, adding to the already tight availability.The export price edged higher amid increasing spot demand from Asian buyers.Europe The spot...Read More

Adam HamiltonArchivesMar 12, 2021The US stock markets have soared over the past year, achieving truly-astounding performance. Vast torrents of newly-created money deluged in, catapulting stock prices radically higher. But this epic flood of central-bank-conjured liquidity has left stock prices massively disconnected from companies' underlying fundamentals. With each passing earnings season, this i...Read More

Some manganese alloy smelters in China are offering manganese ore back to the market after being shut down under measures aimed at controlling energy consumption, sources told Fastmarkets.Ferro-alloys smelters in Inner Mongolia were ordered to suspend their operations for a month from March 5 in a move that is expected to remove 10,000-20,000 tonnes of silico-manganese from the market.The smelters...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More

Increasing scrap flows and bearish appetites led to softer prices in the majority of international steel scrap markets in the week to Friday March 12.While the markets in the United States, China and India appeared to be static over the period, a flurry of buying activity in Vietnam was intended to capitalize on lower Japanese scrap prices, while Taiwanese traders made hasty sales in a bid to avoi...Read More

The price of austenitic steel scrap in the UK and Europe fell further in the past seven days following the sharp drop in the nickel market last week, sources told Fastmarkets on Friday March 12.Fastmarkets' weekly price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK, was ?1,050-1,120 ($1,465-1,563) per tonne on Friday, down by ?30-50 per tonne week on week fro...Read More

Prices for shredded steel scrap imported into India and Pakistan moved down in the week to Friday March 12 following a correction in the international scrap market, sources have told Fastmarkets.IndiaFastmarkets calculated its steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $450.83 per tonne on Friday, down from $460.86 per tonne one week previously.A deal was heard at $450 per to...Read More