Emgold Mining Corporation announces that due to investor interestRead full newsRead More
VanGold Mining Corp is pleased to announce it has signed an optioRead full newsRead More
On August 19, the S&P500 Index reached a record high — erasing all the losses that it saw earlier this year due to the COVID-19 crisis. The U.S. stock market benchmark surpassed its previous all-time high of 3393.52 by a very narrow margin on Wednesday as it posted an intraday high of 3399.54.At 11 AM ET on Friday, the index was hovering at 3388 — not far away from its record high....Read More
Warren Buffett has perhaps the worst diet of anyone I've ever seen...He's almost monk-like in his dedication to cheeseburgers, ice cream, and candy, while washing it down with enough Coke to kill a small rodent. The Oracle of Omaha isn't shy about it: he's been quoted that he eats like a child."I checked the actuarial tables, and the lowest death rate is among 6-year-olds, so I decided to eat like...Read More
Aug 21, 2020 Guest(s): Robert Kiyosaki Too many people have fallen into the trap of investing in U.S. Treasuries and putting their money in pensions, thinking that these assets are safe investments, said best-selling author Robert Kiyosaki. Kiyosaki referred to these assets as "fake money" and detailed how investors can differentiate between "real" and "fake" assets in his book "FAKE: Fake Mon...Read More
The three-month copper price on the London Metal Exchange continued to lose momentum on Friday August 21, slipping below$6,500 per tonne.Copper's three-month price on the LME closed at $6,482.50 per tonne on Friday afternoon, falling from an intraday high of $6,650 per tonne, on a day that saw 17,690 copper lots traded by the 5pm close.Copper's benchmark cash/three-month spread was recently tradin...Read More
Fastmarkets copper concentrate treatment and refining charge (TC/RC) index continues to set new lows and has done for three weeks in a row. Major Chinese smelters are well-stocked for the third quarter, with Collahuasi, Cerro Verde and some clean brands reported being bought in the high $40s, Fastmarkets heard. Traders' buying levels are heard to be in a range of high $30s to low $40s,...Read More
Three-month base metals prices on the London Metal Exchange were mostly down during morning trading on Friday August 21 after the release of key purchasing managers' index (PMI) data out of Europe disappointed, while copper futures took the brunt of the decline over the morning in a 1.2% drop. Copper's outright price on the LME was recently seen at $6,535 per tonne, slipping below nearby resistanc...Read More
An overview of the battery raw materials markets and the latest price moves.Read More
Bob Moriarty ArchivesAug 21, 2020We are in the correction thata few people accurately predicted. My gut tells me it will go into September but since the DSI predicted the top, I think the DSI will call the bottom. We have not had an all time high in either gold or silver but we did have something investors can trade. I’d like to point out something important to investors. Liquidity is a gian...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday August 21.China Seaborne manganese ore prices slipped after sentiment was undermined by weakening domestic portside ore and spot alloy markets. Portside ore prices fell after traders lowered their offer prices to attract buying interest. Many alloy smelters, however, retreated from the market over th...Read More
The 30c units have half-warrants attached entitling the holder to buy an additional 70c share within two years.Aldebaran, spun out of Regulus Resources in 2018, says its two biggest shareholders, Route One Investment Company (49.48%) and Sibanye Stillwater (19.9%) have indicated they will take up their pro-rata share of the placement.Aldebaran is working on a new mineral resource estimate for its...Read More
The company reported a net loss after tax of US$182.7 million, including a loss of $158 million attributable to equity holders, due to COVID-19, lower commodity prices and sales volumes."The recent recovery, while welcome, does have a degree of uncertainty to it," MMG CEO Geoffrey Gao said on a conference call.Revenue fell 14% to $1.19 billion, while net cash generated from operations rose 26% to...Read More
Mastermyne CEO Tony Caruso said the company started FY21 well positioned with a record order book and a strong pipeline of projects."Like last year we will focus on our operating discipline while investing in growth of our business through whole-of-mine projects and expansion into other commodities," he said."With this order book, pipeline and growth strategy we are set up for another excellent ye...Read More
* $1,860/OZ could be a test for gold - analyst * Eurozone economic recovery stutters in August* Interactive graphic tracking global spread of coronavirus: in an external browser (Adds comments, updates prices)By Nakul IyerAug 21 (Reuters) - Gold fell as much as 1.6% on Friday asthe dollar bounced back, denting bullion's appeal and setting iton track for a second straight weekly decline.Spot gold f...Read More
Adam HamiltonArchivesAug 21, 2020 The mid-tier gold miners in this sector's sweet spot for upside potential have had a spectacular run since March's stock panic! That catapulted them to extremely-overbought levels, necessitating a correction to rebalance sentiment. The mid-tiers' just-reported Q2'20 operational and financial results reveal whether those big gains were fundamentally-righteous, and...Read More
Key data from the pricing sessions in Europe, China and the United States in the week ended Friday August 21.China Domestic ferro-silicon prices held steady with firm offer pricesSome ferro-silicon smelters and silica ore plants in Ningxia province are currently under government inspection, which might impact their production and thus lead to a price upswing in the market once alloy availability t...Read More
Fastmarkets copper concentrate treatment and refining charge (TC/RC) index continues to set new lows and has done for three weeks in a row. Major Chinese smelters are well-stocked for the third quarter, with Collahuasi, Cerro Verde and some clean brands reported being bought in the high $40s, Fastmarkets heard. Traders' buying levels are heard to be in a range of high $30s to low $40s,...Read More
(Corrects spelling of name in paragraph 8) * Graphic: 2020 asset performance* Graphic: World FX rates in 2020* Reuters Live Markets blog: By Elizabeth HowcroftLONDON, Aug 20 (Reuters) - The Federal Reserve's doubts overthe U.S. economic recovery kept markets in the red on Thursday,even though European stock indexes spent the morning recoveringfrom initial losses.Wall Street was knocked from its re...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More