Share this article VANCOUVER - Great Atlantic Resources Corp. [GR-TSXV; PH0-FSE] reported gold assays for prospecting rock samples and drill core samples from its 100%-optioned Golden Promise property, located within the central Newfoundland gold belt. All three drill holes from the 2020 program intersected gold-bearing veins, extending the Jaclyn North Zone (JNZ) quartz vein system approximately...Read More
Share this article TORONTO - Kirkland Lake Gold Ltd. [KL-TSX, NYSE; KLA-ASX] filed a NI-43-101 technical report for its 100%-owned Detour Lake mine, northern Ontario. All dollar amounts are expressed in U.S. dollars unless otherwise indicated.Highlights of the 2021 life-of-mine plan (LOMP) include production of 680,000 to 720,000 ounces from 2021 to 2024, growing to 800,000 ounces in 2025 and rea...Read More
Prices in Turkey for steel hot-rolled coil came close to $1,000 per tonne during the week ending Thursday April 1, with producers fully booked until late July, sources have told Fastmarkets.Demand was strong in the country because of low stock levels, as well as the expectation of more price increases.Most market participants expected further price increases next week, because of globally high pri...Read More
2020 was a record year for our local real estate agent.In my tiny North Country town, with a year-round population of about 260 people, you don't typically see a lot of action in the real estate game.Most of the homes up here are summer homes, and in any given year, you might see three or four on the market, with maybe one or two actually being sold.But not last year.Last year, of the six homes pu...Read More
Hot-dipped galvanized (HDG) and pre-painted galvanized iron, or color-coated coil, prices in Turkey increased as expected during the week to Thursday April 1, with demand still strong, sources told Fastmarkets.The price increases were expected due to strong demand and globally high prices, along with continuously rising production costs.Prices for hot-rolled coil (HRC) - the base product for...Read More
At PDAC2021, we spoke with Gary O'Connor, CEO, Chief Geologist, and Director of Moneta Porcupine Mines Inc. (TSX:ME, OTC: MPUCF, XETRA: MOP), a gold exploration company, which holds a 100% interest in 6 core gold projects and a 50% JV with Kirkland Lake Gold, strategically located in the Prolific Destor-Porcupine Fault Zone, in Ontario, Canada, with excellent infrastructure, including access roads...Read More
Steel rebar prices in Egypt remained unchanged in the seven days to Thursday, April 1, on continuing weak demand, sources told Fastmarkets.Demand for rebar in the country has been weak since the imposition of a construction ban in May 2020, even though the rules were eased slightly in September 2020.Market participants expected the construction ban to be further eased, leading to an increase in de...Read More
Turkish rebar and wire rod export prices have increased over the past week in line with strengthening demand and rising imported scrap costs, market sources told Fastmarkets on Thursday April 1.Several steel producers were heard selling good tonnages to Southeast Asia in recent weeks.A steel mill in the Izmir region sold a rebar cargo to the region at $636 per tonne fob on an actual weight basis,...Read More
Domestic long steel prices in Turkey continued to increase in the seven days to Thursday April 1, due to the weakening Turkish lira and despite very limited demand, sources told Fastmarkets.The lira started a sharp decline at beginning of last week, following the surprise sacking of the central bank chief Naci Agbal by president Recep Tayyip Erdogan and the subsequent appointment of finance specia...Read More
Pig iron export prices from the south of Brazil softened in the week to Thursday April 1 in new sales.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $500-515 per tonne on Thursday, widening downward from $510-515 per tonne at the end of the preceding week.One sale...Read More
Pig iron export prices from the Commonwealth of Independent States (CIS) increased during the week to Thursday April 1, amid new sales to neighboring markets and suppliers' bullish mood. Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $535-542 per tonne on Thursday, up from from $520-530 per tonne a week before.The most-recent sales of Ukr...Read More
The pig iron import market in the United States was slow during the week to Thursday April 1 due to the large gap between the workable price estimates for buyers and from suppliers in the Commonwealth of Independent States.Consequently, Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $555-565 per tonne on Thursday, unchanged week on week."The US is the only market w...Read More
Slab export prices from Brazil were stable in the week ended Thursday April 1, with most sellers already sold out of May-shipment volumes, but are mulling over new price increases for April.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil was $780-810 per tonne fob on Friday, unchanged from the previous week.Next week, sellers are considering price increases o...Read More
A global shortage of steel slab is a key factor in rocketing flat steel prices, market sources told Fastmarkets this week.Reduced CIS suppliesCustomers from Italy and Turkey have noticed a reduction in the availability of steel slab originating in the Commonwealth of Independent States (CIS) region in the second half of March."Some Italian re-rollers cannot produce much coil and plate due to missi...Read More
**This webcast originally aired live on Hedgeye.com on March 18, 2021**This is an exclusive "Hedgeye Investing Summit" interview between Jeffrey Snider, Head of Global Research at Alhambra Investments, and Hedgeye CEO Keith McCullough.Mr. Keith R. McCullough is the Founder and CEO of Hedgeye Risk Management LLC. He covers the strategy sector at the firm. Prior to founding the firm, Mr. McCullough...Read More
How high can silver spike, and how long can these spikes last? Join Mike Maloney, Jeff Clark and Adam Taggart as they examine this topic and more in today's video update.Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook?EUR< Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
Frank Giustra, CEO of Fiore Group, has challenged Michael Saylor, CEO of MicroStrategy, to a public debate on gold versus Bitcoin. Giustra told Kitco News that his intent is to help Saylor clarify some of the things he's said publicly about gold and challenge Saylor's thesis. "I am not a Bitcoin hater. I just think that [Saylor's] thesis on gold and Bitcoin needs to be explored and I think I would...Read More
In this video, we talk to Frank Holmes. Frank makes it clear: he does not believe a stock market crash is coming anytime soon. He says that all signs are clear to him that we are heading towards inflation, a big boost in stocks, gold, silver, and bitcoin. many people have been uneasy recently and are expecting the stock market to crash. Frank says that this is not going to happen, and that we shou...Read More
For Part 1 of this interview, CLICK HEREIn this episode of Keiser Report, Max and Stacy look at the acceleration of deglobalization as surveillance capitalism meetings the Thucydides Trap in which the panopticon gets restricted to national boundaries. In the second half, Max continues his interview with John Rubino of DollarCollapse.com about more free money and safe havens in a time of inflation....Read More