PwC says sector volatility became more pronounced by the end of 2019, with coal and copper, key exports of Canada's westernmost province, falling 10% and 8%, respectively. Gold gained 10% on averaged over the previous year.In the near term COVID-19 is expected to continue to dampen the outlook for price recovery.PwC estimated BC mining capital expenditure was $1.5 billion in 2019, compared with $1...Read More

Here are five Fastmarkets stories you might have missed on Friday June 19 that are worth another look.Pig iron production at Tata Steel IJmuiden in the Netherlands was stopped on June 19, while the plant's workers went on a 24-hour strike, sources told Fastmarkets.The London Metal Exchange has fined warehouse operator Istim ?30,000 ($37,120) for breaching clauses of its warehouse agreement, the e...Read More

Click Here to Listen to the Interview*The interview was recorded on 6/16/20This interview confers Socrates forecasting the mid-March bottom followed by a strong rally. Only an advanced computer system capable of viewing every market simultaneously while comparing past patterns, timing, and pricing could make such a forecast. Additionally, the interview discusses how our models pinpointed the begin...Read More

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the Covid-19 crisis is really more of a so-called "Plandemic." Fitts says, "What we are seeing is a reengineering of the global financial system on the just-do-it method. We saw a lot of smart money get out of the market at the top in January and February. Then, we saw a push to use police powers in the health...Read More

"I felt violated as a parent, for my child, who's standing there with police officers in his room, just to see the fear Continue...Read More

The Jimmy Dore Show is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. With over 5 million downloads on iTunes, the show is also broadcast on KPFK stations throughout the country.Read More

Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More

New COVID-19 cases across the United States are surging faster than ever, especially in states in the South, West and Midwest.Continue...Read More

These five charts show trends in key economic indicators that help track reopening progress in the U.S.Continue...Read More

At least 25% of LSU's football team was in quarantine this week after fears of a coronavirus spreading among the players and staff. Continue...Read More

At a Saturday night rally, Trump recallied that "I said to my people, 'Slow the testing down,' " because more testing would mean more cases were discovered.Continue...Read More

This will lead to a rush into gold which will ultimately trigger a massive wave in silver.Continue...Read More

"Gold investment demand tends to grow into the early stage of the economic recovery, driven by continued debasement concerns and lower real rates." Continue...Read More

Here are five Fastmarkets stories you might have missed on Friday June 19 that are worth another look.Pig iron production at Tata Steel IJmuiden in the Netherlands was stopped on June 19, while the plant's workers went on a 24-hour strike, sources told Fastmarkets.The London Metal Exchange has fined warehouse operator Istim ?30,000 ($37,120) for breaching clauses of its warehouse agreement, the e...Read More

Here are five Fastmarkets stories you might have missed on Friday June 19 that are worth another look.Pig iron production at Tata Steel IJmuiden in the Netherlands was stopped on June 19, while the plant's workers went on a 24-hour strike, sources told Fastmarkets.The London Metal Exchange has fined warehouse operator Istim ?30,000 ($37,120) for breaching clauses of its warehouse agreement, the e...Read More

Brazil's steel use dropped by a quarter year on year in May, after Covid-19 restrictions led to a slump in both supplies and demand, the country's steel association, Instituto A??o Brasil, said this week.Apparent steel consumption in the country totaled 1.35 million tonnes in May, down by 24.8% year on year from 1.79 million tonnes in May 2019, the institute said on Thursday June 18.Flat-roll...Read More

Here are five Fastmarkets stories you might have missed on Friday June 19 that are worth another look.Pig iron production at Tata Steel IJmuiden in the Netherlands was stopped on June 19, while the plant's workers went on a 24-hour strike, sources told Fastmarkets.The London Metal Exchange has fined warehouse operator Istim ?30,000 ($37,120) for breaching clauses of its warehouse agreement, the e...Read More

The London Metal Exchange recently reiterated its willingness to facilitate spot trading of low carbon aluminium. While not a new concept for the exchange, it would serve two important purposes. First, it would provide more transparent, digitalized data on the specification of its aluminium brands and determine whether people are actually paying more for low carbon metal. Second, it would pro...Read More

Just over a year ago, US Section 232 tariffs against imports of aluminium from Canada were removed. Now there are calls to reintroduce them.The American Primary Aluminum Association (APAA), which represents US producers Century Aluminum and Magnitude 7, says that Canadian imports have "surged" since the tariffs were removed and are threatening the viability of the US primary aluminium industry.&nb...Read More

An expected shortfall in Brazilian supply of high-grade iron ore will likely result in 2020 becoming a boom year for Australian miners.While Brazilian miner Vale, a key producer of high-grade iron ore fines and pellets, is maintaining its production guidance despite a suspension of operations at its Itabira mining complex, many market participants in Asia are expecting a shortage of Brazil-origin...Read More