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RT @staunovo: #India's fuel demand loses steam in July: Industry data #oott

August 03, 2020 / timesofindia.indiatimes.com

India Business News: India's refined fuel consumption in July slipped from June, according to preliminary industry data, indicating slower industrial activity as high retaRead full newsRead More

RT @staunovo: Jet fuel demand outlook sours after fleeting market optimism #oott

August 03, 2020 / www.reuters.com

Stephanie Kelly, Koustav Samanta, Bozorgmehr SharafedinRead full newsRead More

My Top Gold Stock to Buy in August

August 03, 2020 / dlvr.it

The days are getting hotter -- and so is the market's interest in the yellow metal.Read full newsRead More

Gold and gold mining stocks are entering a strong seasonal phase

August 03, 2020 / dlvr.it

(Kitco commentary) - You may have heard that gold typically rallies seasonally from the middle of the year. This trend is driven by jewelry demand, which increases ahead of the Christmas business, the Indian wedding season and the Chinese New Year celebrations on the back of advance purchases by jewelers, which tend to put upward pressure on prices.Read full newsRead More

Gold Surge Adds $3 Billion to Three Family Fortunes

August 03, 2020 / dlvr.it

(Bloomberg) -- Tech and pharma may be getting the attention these days, but three mining billionaires are quietly padding their fortunes with an investment that's decidedly more old school.Saudi Arabia's Mohammed Al Amoudi and Russia's Alexander Nesis and the family of Suleiman Kerimov have the largestRead full newsRead More

Market Extra What does a stratospheric rally for gold mean for the stock market?

August 03, 2020 / www.marketwatch.com

The rush for bullion, unsurprisingly comes amid the worst public-health crisis in generations, but what does the climb in the centuries-old haven asset mean...Read full newsRead More

Apple briefly overtakes Saudi Aramco to become the world's largest company --

August 03, 2020 / www.kitco.com

Market NewsRead full newsRead More

Kinross Gold (TSX:K) Is up Over 100%: Is There More Upside?

August 04, 2020 / www.fool.ca

The global equity markets have been highly volatile this year amid the uncertainty created by the pandemic. The outbreak of COVID-19 had led to a slowdown in economic activities across the world. So, the central banks in the United States and Canada had lowered the interest rates to boost the economy. The lower interest rates have also reduced the yields on bonds and debts, thus making them less a...Read More

Attention Investors: A Top Gold Stock to Buy for Dividend Growth and Safety

August 04, 2020 / www.fool.ca

Are you looking to increase your dividend income today? Well, I’m here to tell you that dividend growth stocks are not a thing of the past. Many gold stocks are awash in cash these days. Read on for the gold stock with the strongest dividend growth profile and the best investment case to buy.Today, the world is in the midst of the crisis of a lifetime. The coronavirus pandemic has touched ev...Read More

AME calls for submissions for MinEx Talks

August 04, 2020 / www.mining.com

The Association for Mineral Exploration (AME) is accepting submissions for AME MinEx Talks.AME MinEx Talks are formatted as short, inspirational TED Talks-style of approximately 12-15 minutes in length, aiming to leave the audience inspired and ready for dialogue.Topics still available for submission are:Social LicenseModern Financing/Finance TrendsEnvironmental, Health & Safety InnovationTechnolo...Read More

Is gold's price momentum sustainable? What's needed next

August 01, 2020 / www.kitco.com

Aug 04, 2020 Guest(s): Steven Dunn Head of ETFs, Aberdeen Standard Investments In order for gold prices to move much higher, substantially more stimulus would be needed from the Federal Reserve, according to Steve Dunn, head of ETFs of Aberdeen Standard Investments. "Is a $1 trillion enough? I would suggest that the market has already priced in something along those lines. Would $3 trillion be d...Read More

RPMGlobal teams up with Australia's Testlab to advance mining standards

August 04, 2020 / www.mining.com

Mining interoperability. Credit: RPMGlobal. RPMGlobal has partnered with the University of Western Australia's (UWA) Energy and Resources Digital Interoperability Industry 4.0 (ERDi i4.0) Testlab and Enterprise Transformation Partners (ETP) to help advance standards-based interoperability for the mining industry.Under the partnership, RPMGlobal will collaborate on the AMIRA P1208 Enabling Inter...Read More

RCT to provide semi-autonomous solutions at Rothsay in Australia

August 04, 2020 / www.mining.com

Rothsay automation layout. Credit: RCT Redpath Australia has selected RCT, a company specializing in autonomous solutions, as its technology partner at Silver Lake Resources' development-stage Rothsay underground gold project.RCT will install its ControlMaster guidance automation technology, which features the company's latest Auto Dump feature, onto three Sandvik LH203 underground loaders...Read More

Star reports first results from Rio Tinto bulk sample

August 04, 2020 / www.mining.com

Rio Tinto has completed a 10-hole bulk sample at Star Diamonds' Star-Orion South project in Saskatchewan using a Bauer trench butter rig. Credit: Rio Tinto Star Diamond has begun to receive results from Rio Tinto's bulk-sampling program at the Star-Orion South project in central Saskatchewan.Rio has so far processed material from four of the 10 trenches excavated from the Star kimberlite at the...Read More

Treasury, First Mining report high grades from Goldlund

August 04, 2020 / www.mining.com

Goldlund Project (Credit: First Mining Gold). Treasury Metals and First Mining Gold reported high-grade intercepts from drilling at the Goldlund project in northwestern Ontario, completed to define the mineralization in the eastern portion of the existing resource.In June, Treasury announced that it was acquiring the Goldlund project from First Mining - the transaction is expected to close by...Read More

IN CASE YOU MISSED IT: 5 key stories from August 4

August 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday August 4 that are worth another look.The United States Midwest aluminium premium hit a nearly four-month high on August 4, with the market widely assuming further increases due to expectations that Canada will again face US tariffs - a factor that has continued to boost offers and tighten discounting. Price fluctuations i...Read More

LIVE FUTURES REPORT 04/08: LME nickel hits 7-month high in 1.2% rally

August 05, 2020 / www.metalbulletin.com

The three-month price of nickel on the London Metal Exchange was the base metals complex's standout performer on Tuesday August 4, closing above the psychological level of $14,100 per tonne for the first time since January in a 1.2% rally from the previous day's close.Nickel's LME three-month price spanned a wide $270 per tonne intra-day range, hitting a high of $14,135 per tonne before closing at...Read More

Blister copper RCs jump in July on African imports; KCM mine repair ongoing

August 05, 2020 / www.metalbulletin.com

Spot supply of blister copper improved to boost the intermediate copper product's refining charges (RC) in July, mainly due to arrival of delayed African cargoes at Chinese ports, Fastmarkets heard.Fastmarkets assessed 98-99% blister copper RC, spot, cif China at $135-155 per tonne for July, up 20% from $110-132 per tonne one month earlier. A few parcels were even reported being bought close to $1...Read More

GDX:New Highs By Year End?

August 04, 2020 / www.321gold.com

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 4, 2020 The main theme for gold and silver investors right now is what I call the “SHO” theme; space helmets on! Simply put, as I predicted several years ago, gold (and silver) are becoming accepted as a major asset class for wealth building.Institutional money managers a...Read More

IN CASE YOU MISSED IT: 5 key stories from August 4

August 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday August 4 that are worth another look.The United States Midwest aluminium premium hit a nearly four-month high on August 4, with the market widely assuming further increases due to expectations that Canada will again face US tariffs - a factor that has continued to boost offers and tighten discounting. Price fluctuations i...Read More

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