Understand this simple aspect of how the market works and you will save yourself a lot of pain. Continue...Read More
In California, New Jersey and New York City, U.S. citizens earning more than $400,000 a year could face combined state and local statutory income tax rates of more than 60%.Continue...Read More
Euro Pacific Bank confirms it has not been contacted by any foreign government or taxing authorities about the inaccurate allegations asserted as Continue...Read More
Commercial real estate is in big trouble, and pressure in the $15 trillion market is threatening to bleed over into the broader financial system justContinue...Read More
In this interview, professional mining investor David Erfle, the Junior Miner Junky, provides his current commentary on the junior gold sector and how he is managing his personal mining stock portfolio. He explains why he recently sold some gold stocks. And David offers advice to novice gold stock investors just beginning to build a portfolio.0:00 Introduction0:50 Why I'm selling some gold stocks...Read More
Westhaven Gold reported it continues to find high-grade gold intercepts at the Franz Zone of its Shovelnose Gold property in British Columbia. In a news release, gold-focused exploration company Westhaven Gold Corp. (WHN:TSX.V) announced "additional high-grade gold drill intercepts from its ongoing drill program at its 17,623-hectare Shovelnose gold property." The Shovelnose property is contained...Read More
In conversation with Maurice Jackson of Proven and Probable, NV Gold's CEO Peter Ball provides details on the company's fall and winter plans. Maurice: Joining us for a conversation is Peter Ball, the CEO of NV Gold Corp. (NVX:TSX.V; NVGLF:OTC). Always a pleasure to have you join us, sir. We brought you on to discuss NV Gold's current exploration activities in Nevada and British Columbia, which s...Read More
With the first results of this year's drill program, Revival Gold extends mineralization at a target at Arnett and confirms continuity of a zone at Beartrack. In a news release, Revival Gold Inc. (RVG:TSX.V; RVLGF:OTCQB) provided an exploration update for its Beartrack Gold Project and the adjacent Arnett Gold Project in Idaho, including results for the first seven holes drilled in 2020."This yea...Read More
HighGold Mining reported high-grade results from stepout drilling at its Johnson Tract Project. High Gold Johnson TractIn a news release, HighGold Mining Inc. (HIGH:TSX.V; HGGOF:OTCQX) announced additional assay results from its ongoing 15,000 meter drill program at its Johnson Tract Gold Project in southcentral Alaska.The firm advised that the results reported in this news release are for new dr...Read More
Hebei Steel, China's second-largest steel mill, has finalized its purchase price for October-delivery silico-manganese at 6,130 yuan ($914) per tonne, market participants told Fastmarkets on Monday October 19. The latest price is 200 yuan per tonne lower than the mill's purchase price of 6,330 yuan per tonne for September-delivery cargoes. The price from Hebei Steel, which is for cargoes delivered...Read More
In the next 30 years, global demand for both aluminium and steel is likely to double. Against industry calls for a cleaner, more forward-looking supply-chain, however, the chairman and chief executive of GFG Alliance, Sanjeev Gupta, sees climate change as the key accelerator for a sustainability-led reinvention of the sector.Delivering his welcoming address at this year's virtual LME Week seminar,...Read More
With the presidential election less than a month away, sector expert Michael Ballanger offers a forecast for the gold and silver markets.With a mere twenty-six days to the election of the "leader of the free world," of the richest, most powerful country in human history, financial markets are noticeably apprehensive as to outcome and understandably concerned with the reaction of the two deeply div...Read More
Here are five Fastmarkets stories you might have missed on Monday October 19 that are worth another look....Read More
Hot-rolled coil prices in the United States have continued to move higher, supported by tightening supply brought on by rising demand in face of still-constrained domestic production.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $33.39 per hundredweight ($667.80 per short ton) on Monday October 19, up by 0.7% from $33.17 per cwt on Friday October 16 and 3.2% higher...Read More
Further measures to increase transparency and investments for metal producers were required to expand the sustainable metal market, participants said on a sustainability panel during the London Metal Exchange's online LME Week seminars on Monday October 19.Harald Friedl, sector lead at Climate Champions, said that the issue of sustainable metals supply chains has continued to gain traction among t...Read More
Domestic prices for steel hot-rolled coil across Europe inched upward over the week to Friday October 16, with buyers expecting prices to rise further.Buyers expected that the mills would soon announce the next round of increases in offer prices.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?495.83 ($580.74) per tonne on October 16, up by ?,?2.33...Read More
Here are five Fastmarkets stories you might have missed on Monday October 19 that are worth another look....Read More
Heinz J??rg Fuhrmann, chief executive officer of German steelmaker Salzgitter, will retire in mid-2021, the company said on Saturday October 17. Fuhrmann will remain in the position of CEO until his employment contract ends on June 30, 2021, the company confirmed. "Chief executive officer Prof Dr-Ing Heinz J??rg Fuhrmann will have reached the...Read More
The world's largest ferrous scrap market is set to get a boost from the impending launch of a futures contract on China's Dalian Commodity Exchange (DCE).The scrap futures contract will be based on shredded scrap, which is one of the key steelmaking raw materials for steel mills in China and can be used by all kinds of furnaces, DCE senior manager Yang Shuai said at an industry conference in south...Read More
The silver price suppression game has put our entire global financial system in jeopardy...by Bix Weir of Road to RootaThe silver price suppression game has put our entire global financial system in jeopardy. It is the Achilles Heal of the global banking/control system and has put my country, the United States of America, in the most vulnerable position we've ever been in since our inception in 17...Read More