The world's mines will produce 3,368 tonnes of gold this year, down 4.6% from 2019 and the lowest in 5 years, but high bullion prices will help to push up output by 8.8% to a record 3,664 tonnes in 2021, consultancy Metals Focus said on Wednesday.Read full newsRead More
Here are five Fastmarkets stories you might have missed on Friday October 16 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is set to reach full capacity by the end of November, with a planned restart for the idled blast furnace (BF) in the latter half...Read More
There was a "significant improvement" in global copper smelting activity in September, according to the SAVANT platform."September was the first month this year that China, North America and Europe were all indicating above average levels of activity," Marex Spectron's global head of analytics Dr Guy Wolf said.The global activity dispersion index averaged 50.2, according to the geo-spatial analyti...Read More
Here are five Fastmarkets stories you might have missed on Friday October 16 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is set to reach full capacity by the end of November, with a planned restart for the idled blast furnace (BF) in the latter half...Read More
Here are five Fastmarkets stories you might have missed on Friday October 16 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is set to reach full capacity by the end of November, with a planned restart for the idled blast furnace (BF) in the latter half...Read More
Election outcomes, a bouncing Financial stock, warrant overhangs, a contrarian opportunity, China crisis and pot stocks are all covered in this week's Canadian Insider Insights. We are also feeling a little guilty about this week's Ultra Money video of the week.The Recession-Proof Portfolio: Investing in ViceClick here to read this week's Insights newsletter. Read More
Under the effects of the Pandemic, consumers and businesses grapple with their own "Reset."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 G...Read More
Article on China passing export control law: https://www.yahoo.com/entertainment/china-us-trade-warGregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also...Read More
"China may take countermeasures against any country or region that abuses export-control measures and poses a threat to China's national security and interests, according to the law." Continue...cRead More
"The 48 only relates to if we want to get it done before the election, which we do. We're saying to them, we have to freeze the design on some of these things - are we going with it or not and what is theContinue...Read More
Many people have written in to ask about precious metals, what to buy, and where to store them. A number of people ask about storing at the Perth Mint or Continue...Read More
Here are five Fastmarkets stories you might have missed on Friday October 16 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is set to reach full capacity by the end of November, with a planned restart for the idled blast furnace (BF) in the latter half...Read More
Here are five Fastmarkets stories you might have missed on Friday October 16 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is set to reach full capacity by the end of November, with a planned restart for the idled blast furnace (BF) in the latter half...Read More
Here are five Fastmarkets stories you might have missed on Friday October 16 that are worth another look.Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) is set to reach full capacity by the end of November, with a planned restart for the idled blast furnace (BF) in the latter half...Read More
Central banks and bankers continue robbing the poor, favoring the rich, nd destroying the economy & currency. Silver at $1000 is not unrealistic. In fact... by Egon von Greyerz of Gold SwitzerlandThe Founding Father and President Thomas Jefferson understood the extreme danger in handing over the issuance of the money to the bankers:"The central bank is an institution of the most deadly hostility...Read More
RAPAPORT... Retail sales at Chow Tai Fook grew 2.6% year on year in the second fiscal quarter as a strong recovery in China outweighed continued weakness in Hong Kong.Sales rose 21% on the mainland while slumping 52% in Hong Kong and Macau during the period ending September 30, the jewelry retailer reported Thursday. Same-store sales - at branches open for at least a year - increased 11%...Read More
RAPAPORT... Rio Tinto's diamond production dropped in the third quarter amid lower mining grades at its Argyle deposit, the company reported Friday.Output at the Australian mine fell 10% year on year to 3.2 million carats in the three-month period ending September 30. Production was hampered by lower grades, as the company prepares to complete operations before the end of the year and shut the min...Read More
RAPAPORT... US retail sales rose in September, marking the fourth straight month of year-on-year gains, and nearly doubling August's increase, government data showed.Overall retail sales grew 5.4% compared to the same period last year, and 1.9% from the previous month, as consumers began purchasing for the holiday season, according to figures the US Census Bureau released Friday. That followed a 0...Read More
RAPAPORT... The US jewelry industry continued to downsize in the third quarter, with 101 companies leaving the business, according to new data from the Jewelers Board of Trade (JBT).Nine firms went bankrupt, while 37 dropped out due to mergers or takeovers, the JBT reported Thursday. A further 55 closed for other reasons.The number of exits plunged 65% compared with the same period of 2019. H...Read More
RAPAPORT... Alrosa gave a positive assessment of the diamond market ahead of the holidays after rough and polished trading picked up in the third quarter.The Russian company's rough-diamond sales climbed to $552.9 million during the three months ending September 30, compared with $74.1 million in the second quarter, it reported Friday. Sales declined 8% year on year, a less severe s...Read More