Since late July, I have deemed the gold and silver stocks as a hold and not a buy. The risk of a correction was high, and logic and history argued it would last for at least a few months. Continue...Read More
Remember back in the old days of, say, 2019, when anyone who talked about microchip implants, Americans being forced to show travel papers, and re-education camps was Continue...Read More
HighGold Mining completes its first full-scale exploration program at Johnson Tract, and reported assays, including 17.4 meters at 10.3 g/t gold equivalent. HighGold Johnson TractIn a news release, HighGold Mining Inc. (HIGH:TSX.V; HGGOF:OTCQX) announced that results from four holes drilled at its Johnson Tract gold project in Alaska further extend mineralization to depth and downplunge of the ma...Read More
Drill results "could have positive impacts to the feasibility study" on the Railroad-Pinion project, Gold Standard Ventures announced. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) expanded near-surface oxide gold mineralization through drilling the Dark Star deposit at its Railroad-Pinion Project in Nevada's Carlin Trend, the company announced in a news release. The release contains the res...Read More
Defense Metals reported that it is advancing its baseline environmental monitoring programs at its Wicheeda Rare Earth Element Property in British Columbia. In a news release, Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) reported that it recently completed the installation of a meteorological station, stream flow monitoring and a property-wide high resolution airborne Light Detection a...Read More
Peter Krauth explains why he believes Biden could become silver's best friend. It may seem like an unlikely match.But there are some big reasons why Biden could become silver's best friend.The main force behind this thesis is that we can expect stimulus. A lot of stimulus.More specifically, Biden is likely to do his utmost to bring on more general support for the economy through increased borrowi...Read More
Independent financial analyst Matt Badiali takes a close look at U.S. Gold's CK Gold Project in southeast Wyoming. "It'll never be a mine." No more damning words exist in the mining investment space. They imply that a deposit is uneconomic...a science project...a lump of rock that's promoted but never fulfilled.And often, it's a true statement. Just as often, it's used to put down that other comp...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More
European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of the European flat steel market, sources told Fastmarkets.And in November 2020, rumors about two major potential sales of European mills have finally been confirmed: Tata Steel in Netherlands is in...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More
Hot-rolled coil prices in the United States have risen to their highest in almost exactly two years after more buyers perceived that a true steel shortage is intensifying for the end of 2020 and the beginning of the first quarter of 2021. Fastmarkets' daily hot-rolled coil index, fob mill US was calculated at $39.08 per hundredweight ($781.60 per short ton) on Tuesday November 24, up 0.7% fro...Read More
Aluminium premiums in China and the United States rose in the week ended Tuesday November 24, while other regions maintained a focus on first-quarter 2021 business.Strong demand in ChinaUS Midwest premiums climbEuropean participants focus on first quarter 2021MJP spot market static.Shanghai premiums up with arb window openAn open import arbitrage window, as well as strong demand in China, helped t...Read More
A summary of base metals premiums from across the globe for the week to Tuesday November 24.Please click...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More
Trader Tiberius Group has appointed Bob Katsiouleris to its executive management board as part of the company's drive to expand its global footprint, the company told Fastmarkets on Tuesday November 24.Katsiouleris will join Tiberius with immediate effect, and will help to drive its position as a global market participant in the trading of aluminium, lead and zinc, it added.He will also help to bu...Read More
European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of the European flat steel market, sources told Fastmarkets.And in November 2020, rumors about two major potential sales of European mills have finally been confirmed: Tata Steel in Netherlands is in...Read More
Bans on the export of ferrous scrap by various key suppliers of material to India and Pakistan have restricted import flows at the same time that demand has been returning to these markets, pushing prices higher, Fastmarkets has learnt.Demand for imports of steel scrap fell sharply when India went into its strict lockdown during March in response to the Covid-19 pandemic. Trading effectively...Read More
Aluminium premiums in China and the United States rose in the week ended Tuesday November 24, while other regions maintained a focus on first-quarter 2021 business.Strong demand in ChinaUS Midwest premiums climbEuropean participants focus on first quarter 2021MJP spot market static.Shanghai premiums up with arb window openAn open import arbitrage window, as well as strong demand in China, helped t...Read More
It may seem like an unlikely match. But there are some big reasons why Biden could become silver's best friend...by Peter Krauth via Streetwise ReportsIt may seem like an unlikely match.But there are some big reasons why Biden could become silver's best friend.The main force behind this thesis is that we can expect stimulus. A lot of stimulus.More specifically, Biden is likely to do his utmost to...Read More
London Mtal Exchange three-month base metals prices rebounded on Tuesday November 24, with copper and nickel leading the way, after a correcting session had resulted in across-the-board declines on Monday.Copper and nickel led the way with day-on-day increases of more than 1.5% on their three-month prices. Prices were also supported by a lower US dollar index, which fell to 92.30 at around 5pm on...Read More