Chilean copper content in mine production is estimated to reach 7.04 million tonnes in 2030, rising by 19.7% from 5.88 million tonnes expected in 2019, the country's copper commission Cochilco announced.Cochilco used the current project pipeline in the country as a basis for calculating production trends, it said on Monday January 27. In a bullish scenario, output could hit 8.08 million tonne...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 28, 2020The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?The answer, quite simply, is:Higher than the price is today.Disappointment and surprise...Read More

Chilean copper content in mine production is estimated to reach 7.04 million tonnes in 2030, rising by 19.7% from 5.88 million tonnes expected in 2019, the country's copper commission Cochilco announced.Cochilco used the current project pipeline in the country as a basis for calculating production trends, it said on Monday January 27. In a bullish scenario, output could hit 8.08 million tonne...Read More

Key North American and European market indices closed higher yesterday but Australasian markets were mixed, with China's stock exchanges closed for an extended holiday to February 3 due to the spread of the coronavirus.WHO said yesterday 4,593 cases had been confirmed globally, with 56 outside of China in 14 countries. Inside China there were 106 deaths, 976 severe cases and 6,973 suspected to hav...Read More

Broda points to the fact China consumed about 35% of the world's iron ore and 20% of its copper in 2003, but in 2019 those percentages had swelled to about 70% and 50% respectively."In our view, even a less virulent disease could create more impact than comparisons to 2003 and this appears to be what the copper and iron ore markets are telling us, down 7% and 10% respectively over the past 5 days,...Read More

Glencore have appointed Mike Westerman to the position of acting head of copper assets following the departure of Mike Ciricillo.Westerman accepts the role after having been chief operating officer of Glencore's Australian copper assets for several...Read More

Stewart Thomson, Graceland Updates 1. The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?2. The answer, quite simply, is: Higher than the price is today. Disappointment and surprise are part of investing. 3. So is diversification, a...Read More

By: Ira EpsteinGold in a saucer-pattern. Swing-lines, bias is up as price remains above the 18-dma. Read More

Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More

ANLA issued an administrative document indicating AngloGold Ashanti had complied with all the established requirement and provided the environmental authority with all the information and documentsRead More

Mexican steel scrap prices changed little in the week ended Friday January 24, with market participants waiting to see a clearer definition of the international price trend.Until the previous week, Mexican prices had shown consecutive price rises, but this was interrupted by a shift in the global trend for the raw material.Fastmarkets' weekly assessment of the steel scrap No1 heavy melt consumer b...Read More

The Turkish deep-sea scrap import markets have remained quiet since yesterday, with both sellers and buyers holding back from the markets, sources said on Tuesday January 28.The mills in Turkey have booked only two deep-sea cargoes in the past two weeks because of the sluggish rebar and billet markets in the country.Late on January 22, a steel mill in the Iskenderun region booked a UK cargo compri...Read More

Ontario's government is supporting business expansions and startups in Northeastern Ontario by investing in four projects, creating 18 jobs.Parliamentary Assistant Dave Smith, on behalf of Greg Rickford, Minister of Energy, Northern Development and Mines, was in the Mushkegowuk-James Bay area to announce investments of over $2.8 million through the Northern Ontario Heritage Fund Corporation (NOHFC...Read More

Share this articleTORONTO - Investors have endorsed the all-stock sale of Detour Gold Corp. to Canadian rival Kirkland Lake Gold Ltd. in a deal worth $4.34 billion based on the buyer's closing stock price on Monday.In separate votes held Tuesday, Detour shareholders voted 86 per cent in favour of the proposal, while nearly 99 per cent of the shares voted by of Kirkland Lake shareholders also ba...Read More

Piedmont Lithium Limited (Nasdaq: PLL; ASX: PLL) holds a 100% interest in the Piedmont Lithium Project, located approximately 30 miles west of Charlotte, North Carolina, within the world-class Carolina Tin-Spodumene Belt and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western world's lithium between the 1950s and the 1980s. We learned from Keith Phi...Read More

During the golden age of Islam, there was a doctor, chemist, and thinker named Ab?<< Bakr Muhammad ibn Zakariyy?? al-R??z?<<, or Rhazes for short.Rhazes is known for many things, including the identification of smallpox and measles, scientific studies on bloodletting, and the discovery of chemicals, such as alcohol among others.At one point, Rhazes was asked to choose a site for a new hospital in...Read More

Flat steel export prices from the Commonwealth of Independent States (CIS) were stable in the week ending Monday January 27, although the direction prices might take remains unclear because of the opposing moods of suppliers and buyers.Fastmarkets' weekly price assessment for steel hot-rolled coil (HRC), export, fob Black Sea was $475-490 per tonne on Monday January 27, unchanged we...Read More

In our latest Insights newsletter, we focus on the crude inflation challenge facing the Federal Reserve which is set to release its next policy statement on Wednesday January 29th. Our feature video of the week is a contrarian idea that could potentially gain traction with investors in a downturn and our insider of the week has an out-of-consensus view on Canadian natural gas. Read our latest her...Read More

Domestic prices for hot-rolled coil in Northern Europe increased day on day on Tuesday January 28 due to a combination of good order books at EU mills and uncompetitive import offers, sources told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?466.56 ($514.29) per tonne on January 28, up by ?,?5.31 per tonne day on day from ?,?461.25 per tonn...Read More

Some flat steel import prices in the United Arab Emirates and Saudi Arabia decreased this week on lower offers and bids, but demand was weak because buyers wanted to see which direction the market would take after the Chinese new year holiday, sources told Fastmarkets on Tuesday January 28.The lunar new year break started on January 25, and was expected to end on January 30. But the outbreak of a...Read More