Our call of the day is a bullish one from Goldman Sachs, which is upping the ante for those betting on stronger gold prices sticking around.Read full newsRead More

Gold prices have been on the rise, and producers of the precious metal have seen outsized gains.Read full newsRead More

Mining strips nitrogen from the soil and means the forest struggles to grow back even after mines are abandoned. Read full newsRead More

Gold prices have seen a positive correlation to the expansion of the Federal Reserve's assets, and as the Fed embarks on the largest stimulus program in its ...Read full newsRead More

Renforth Resources Inc. is pleased to share with shareholders ourRead full newsRead More

Our call of the day is a bullish one from Goldman Sachs, which is upping the ante for those betting on stronger gold prices sticking around.Read full newsRead More

Having a portion of your portfolio in precious metals is a good idea. It’s a good portfolio diversifier and a hedge against inflation. Gold hit a nine-year high on Thursday morning. But gold isn’t the only hot metal this year. Silver has rallied close to 40% year to date.Monetary stimulus and a week U.S. dollar will keep driving the price of silver. Its use as an industrial metal also...Read More

I've been in this business a long time. I know better than to promise a sure thing. And yet, I am fully prepared to do it in this one instance...Here's what I'll promise you: Gold is going higher. There's just no way it's not. The list of reasons why is considerable...StagflationUncertaintyStock market bubblesMoney printingBailoutsHedge fundsPolitical strifeMomentumSecurityA weak dollarRecessio...Read More

Jul 29, 2020 Guest(s): Mike McGlone The Federal Reserve has pumped trillions of dollars to stabilize the U.S. economy and financial markets devastated by the COVID-19 pandemic. With that trend expected to continue for the foreseeable future, one market strategist said the best way not to fight the central bank is by investing in precious metals.In an interview with Kitco News Mike McGlone, seni...Read More

Here are five Fastmarkets stories you might have missed on Wednesday July 29 that are worth another look.The United States Department of Commerce has launched anti-dumping (AD) and countervailing duty (CVD) investigations - some alleging triple-digit margins - into seamless standard, line and pressure pipe imports from four...Read More

Global tin premiums were flat in the week ended Tuesday July 28, with a rising three-month tin price on the London Metal Exchange and tightening forward spreads being the key deterrents to spot business, while a closed arbitrage window and lack of spot liquidity meant that deals remained rare.US premium holds steady on lack of tradesClosed arbitrage window for most of the past two weeks limits buy...Read More

Exports of standard P1020 aluminium from Canada into the United States in July have declined as demand for value-added products (VAP) resumes and smelters rebalance their production, according to the Aluminium Association of Canada (AAC). This makes the potential reintroduction of Section 232 tariffs by the US government not just unnecessary but also penalizing for North American manufacturers and...Read More

Bob Moriarty ArchivesJul 29, 2020If you are a silver bug,Aftermath just did a binding agreement on a project in Southern Peru with a silver 43-101 resource of 126 million ounces. They are paying about $14.5 million in total in USD with a tiny NSR on production. It comes with 771 million pounds of copper in a 43-101 resource for free.Alternatively, if you are a copper nutcase rather than a silver n...Read More

Chairman Jerome Powell said the current economic downturn triggered by the COVID-19 pandemic was "the most severe in our lifetimes"."At the Federal Reserve, we remain committed to using our tools to do what we can, and for as long as it takes, to provide some relief and stability, to ensure that the recovery will be as strong as possible, and to limit lasting damage to the economy," he said.The nu...Read More

It said it had started the protocol on a preventative basis for Barragem 5 at Mina da Mutuca in Nova Lima, and it did not require evacuating the population downstream of the dam.Vale had started relocating about 50 people earlier this month as it expanded the self-rescue zone around several dams at its Fábrica mine at the Paraopeba complex in Minas Gerais.Vale said Barragem 5 was a downstre...Read More

Key information from the pricing session for Fastmarkets' alumina index, fob Australia on Wednesday July 29. Key drivers: Deals concluded on Wednesday at $275 per tonne fob Western Australia for 30,000 tonnes with mid-August loading.  Prior to this, the deal market had been quiet with no spot business since one deal at $280.50 per tonne fob Australia on July 22. Chinese market participants h...Read More

The two are negotiating a potential 50% equity investment in Thiess by UK-based Elliott.Read More

First Quantum Minerals has cut its 2020 production guidance for its Cobre Panama copper project by as much as 105,000 tonnes and further lowered its group copper production guidance for the year due to the effects of the Covid-19 pandemic.The Vancouver, Canada-headquartered company had previously expected Cobre Panama to produce 285,000-310,000 tonnes this year but said it had revised its producti...Read More

Construction at Minera Exar's Caucharí-Olaroz development was suspended three weeks ago after two workers tested positive for COVID-19.Lithium Americas said it had become aware of press reports indicating Jujuy had commenced proceedings related to Minera Exar's implementation of provincial COVID-19 health and safety protocols."Minera Exar and the shareholders take these claims seriously and...Read More

Here are five Fastmarkets stories you might have missed on Wednesday July 29 that are worth another look.The United States Department of Commerce has launched anti-dumping (AD) and countervailing duty (CVD) investigations - some alleging triple-digit margins - into seamless standard, line and pressure pipe imports from four...Read More