The aluminium billet premium in Germany has risen for the first time in more than a year, with participants starting to see more bullish sentiment for the second quarter of 2020.Higher P1020 premiums, a slightly less bearish macroeconomic outlook in Europe and higher consumer demand helped boost the premium."The demand is good. There are consumers that didn't buy a single tonne in the last quarter...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products.Latest transaction: rebarRebarEast China, domestic, grade III 16-25mm...Read More

At the start of this week’s Friday, Canada’s main stock index fell, weighed down by losses in energy shares. Oil prices continue to take a hit over rising worries over the potential economic damage from a coronavirus outbreak. At the same time, gold continues to gain momentum as investors are plowing into the yellow metal as a safe haven in times of increasing economic uncertainty. La...Read More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

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Food stocks are a strong play for investors fearing a downturn or simply for stock portfolio owners who want a super long-range play in the recession busting consumer staples space.Fearful of a full-blown market sell-off? It’s time to review a market leader and see how two of its closest competitors on the TSX compare as potential bear market investments after 2020’s turbulent start.A...Read More

Jos?(C) Manuel Ganga Junior, head of the Endiama group. (Image courtesy of Endiama). In preparation for its initial public offering in 2022 - which will involve a 30% stake in the company - Angola's state-owned miner Endiama EP is looking for partners "with financial and technical know-how" to increase the country's diamond production.This, according to an interview given by Jos?(C) Manuel Ganga...Read More

San Rafael mine. (Image courtesy of Americas Gold and Silver Corporation). Local media in Mexico report that about 400 people marched over the weekend in the Cosal?? municipality, located in the northwestern state of Sinaloa, in support of some 200 workers from the San Rafael mine who have been on strike since January 26, 2020.San Rafel is a low-cost silver-zinc-lead underground mine that is part...Read More

The copper industry in Chile was used as a case study because fuel consumption increased by 130% and electricity consumption increased by 32% per unit of mined copper from 2001 to 2017, largely due to decreasing ore grade. Pictured here is Codelco's Chuquicamata mine, the second deepest open-pit mine in the world. (Image by Diego Delso, Wikimedia Commons). A new framework that will allow mining c...Read More

Here are five Fastmarkets MB stories you might have missed on Friday February 7 that are worth another look.Prices in Southeast Asia's steel billet market have tumbled last week amid speculation that Chinese billet importers could annul contracts on the grounds of virus-related force majeure.China has halved tariffs on a slew of US-sourced metals and minerals including copper cathodes and rare ear...Read More

YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMBy Ed Steer08 February 2020 -- Saturday The gold price wandered around a few dollars either side of unchanged on Friday -- and that lasted until the job numbers hit the tape at 8:30 a.m. in New York. It rallied a bit from there, but obviously ran into 'something' a few minute after the 9:30 open of the equity markets. Once the 10 a.m. EST a...Read More

What underlies the tremendous runup in the price of Palladium and now the giant spike in Tesla stock? They are connected. Tesla stock has spiked despite its self-driving cars doing strange things like running people over and spontaneously combusting. The reason for this is the relentless drive towards electric cars which will result in a massive increase in demand for palladium and electric car...Read More

By: Ira EpsteinCoronavirus impact on supply chains coming? Bigger picture on the gold market: monthly uptrend is bullish, bias is up, momentum is still up. 18 month moving averages is still over the 100 month, another bullish sign.Read More

In our latest Insights newsletter, we tackle the uncertainty surrounding the Wuhan Coronavirus by looking at some contrarian activity that has come across our screens. Our video clip of the week features a stock that is positioned to make the most out of oil price volatility. Meanwhile, we are off to the races with our insider of the week. Click here to read.Read More

What underlies the tremendous runup in the price of Palladium and now the giant spike in Tesla stock? They are connected. Tesla stock has spiked despite its self-driving cars doing strange things like running people over and spontaneously combusting. The reason for this is the relentless drive towards electric cars which will result in a massive increase in demand for palladium and electric car...Read More

By Robert LambourneSince May 2019 the Bank for International Settlements, which represents most central banks, has increased its use of gold swaps and other gold-related derivatives by more than 400 percent, from an estimated 78 tonnes to an estimated 320 tonnesThe BIS uses gold swaps and other gold derivatives to gain access to gold held by commercial banks. According to the bank's January 31 s...Read More

By: Ira EpsteinCoronavirus impact on supply chains coming? Bigger picture on the gold market: monthly uptrend is bullish, bias is up, momentum is still up. 18 month moving averages is still over the 100 month, another bullish sign.Read More

Viral ThreatNot Good EnoughOverwhelming StimulusBut What About Government Deficits?And Then There Is the Fed...Dallas and New YorkEconomists and investors are rightly obsessed with growth. We always want more of it. We worry it won't come or, worse, might turn into contraction. Economists of all stripes, from Paul Krugman to Lacy Hunt, recognize economic growth cures all manner of ills.Yet, exac...Read More

YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMBy Ed Steer08 February 2020 -- Saturday The gold price wandered around a few dollars either side of unchanged on Friday -- and that lasted until the job numbers hit the tape at 8:30 a.m. in New York. It rallied a bit from there, but obviously ran into 'something' a few minute after the 9:30 open of the equity markets. Once the 10 a.m. EST a...Read More

What underlies the tremendous runup in the price of Palladium and now the giant spike in Tesla stock? They are connected. Tesla stock has spiked despite its self-driving cars doing strange things like running people over and spontaneously combusting. The reason for this is the relentless drive towards electric cars which will result in a massive increase in demand for palladium and electric car...Read More