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China's crude reserves to reach 1.15 billion barrels in 2020

March 23, 2020 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.Wood Mackenzie senior...Read More

IDEX Polished Diamond Price Index Remains Virtually Flat

December 06, 2020 / www.idexonline.com

(IDEX Online) - The IDEX Polished Diamond Price Index remained virtually unchanged for a second consecutive month, suggesting a slowdown in the recovery. Month-on-month prices saw a slight drop after three months of growth.  November saw the Index in slight overall decline, closing down 0.13 per cent at the end of the month. October also saw next to no movement, rising fractionally by just 0....Read More

Stunned Antiques Roadshow Guest has Heirloom Valued at $120,000

December 06, 2020 / www.idexonline.com

(IDEX Online) - A guest on the Antiques Roadshow TV show was stunned to learn that a five-carat Van Cleef & Arpels diamond ring was worth up to six times the $20,000 she'd last had it valued at. The emerald-cut stone, estimated as an I color, is a platinum four-pronged setting, with two tapered baguettes, and come complete with accompanying paperwork from the French luxury jeweler. It is...Read More

Lab-Grown Companies Settle Patent Battle

December 06, 2020 / www.idexonline.com

(IDEX Online) - A high-profile legal battle over lab-grown diamond patents has been settled with both sides filing a joint motion to dismiss the case at a New York court.The Carnegie Institution of Washington, a science research organization, and M7D Corp, a manufacturer trading as WD Lab Grown Diamonds, which uses its patented technology, launched a civil action in January against Singapore-based...Read More

Podcast: Red 5's Mark Williams

December 06, 2020 / www.mining-journal.com

Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldWith reserve development at Darlot, and delivery of the 160,000-200,000ozpa King of the Hills project, Red 5 is aiming to become a 250,000-300,000ozpa WA-focused producer from FY23.Williams was asked about ongoing efforts to reduce costs and boost cash flow from Darlot, and the latest on the company's financing and develo...Read More

Mining in Africa and beyond: Tracking the great gold rush

December 06, 2020 / dlvr.it

The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More

Mining in Africa and beyond: Tracking the great gold rush

December 06, 2020 / dlvr.it

The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More

You Can Strike Gold Right Here in Colorado

December 06, 2020 / dlvr.it

While you might not strike rich, you can enjoy the great outdoors and take part in a historic Colorado pastime by gold panning along the river.Read full newsRead More

3 High-Growth TSX Stocks Available at Deep Discount

December 07, 2020 / www.fool.ca

Amid the encouraging announcements on the vaccine, the high-growth TSX stocks, which had witnessed strong growth this year, have experienced some pressure. The shift in investors’ focus toward value stocks, steep valuations, and the expectation of a decline in the demand for their services with life and business returning to pre-pandemic ways have led to a fall in their stock prices.Meanwhil...Read More

Market Crash 2.0: 2 Safe Stocks to Buy if You're Worried About a Recession

December 07, 2020 / www.fool.ca

Things are looking well on the labour and investment fronts in the first week of December 2020. The Toronto Stock Exchange (TSX) is teetering close to its 10-month high, while November’s unemployment rate dropped slightly. Meanwhile, the jump in oil prices was a welcome boost.Although the TSX is back in positive territory (+2.68% year to date) and 62,000 jobs were added to the economy last m...Read More

IN CASE YOU MISSED IT: 5 key stories from December 7

December 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you have missed on Monday December 7 that are worth another look.Brazilian exports of ferrous scrap plummeted in November 2020 with the country's industry focused on the domestic market, although Bangladesh remained the principal destination for the shipments that were made, data from...Read More

New factors have driven up the price of gold

December 07, 2020 / www.adviceforinvestors.com

Some new factors have driven up the price of gold. You might want to buy bullion and gold producers to diversify. Just keep its long-run disadvantages in mind.One factor supporting the price of gold is a growing middle class in China and India which prize the yellow metal.Gold trades at a price that has risen significantly in 2020. Several new factors are supportive of the price of gold and gold p...Read More

LIVE FUTURES REPORT 07/12: LME lead up by 2.4%; complex mixed

December 08, 2020 / www.metalbulletin.com

Lead and zinc prices posted the biggest gains by the 5pm close on the London Metal Exchange on Monday December 7, with the rest of the complex remaining largely flat but at high levels. Lead's three-month price closed at $2,076 per tonne, a 2.4% increase on Friday's closing price of $2,027.50 per tonne.Its sister metal, zinc, also experienced a rise of 1% to close the day's trading at $2,786.50 pe...Read More

FOCUS: Is strong physical Asia aluminium market bullish or bearish for Europe?

December 08, 2020 / www.metalbulletin.com

Market participants are split on whether rising aluminium premiums in Asia are bullish or bearish for premiums in Europe. Higher premiums in China make it more lucrative to focus on that region rather than on Europe, the majority of participants told Fastmarkets throughout last week. This is propelling the Rotterdam premium higher by driving tonnages away from this market. Fastmarkets assessed the...Read More

This past week in gold

December 08, 2020 / www.321gold.com

Jack ChanPosted Dec 7, 2020***The 12 year bear market in energy/oil sector has ended this year. ETFs in this sector should produce above average return over the next few years. For this week only, public readers of our weekly gold updates can receive a free copy of our special energy report by sending a request to:bullsalive@gmail.comYour email address will not be kept on file and you will not rec...Read More

Great-looking Canadian VMS project could be heading to ASX

December 07, 2020 / www.mining-journal.com

Privately-backed BMC Minerals could be in position to push the development button on the Kudz Ze Kayah silver/zinc project in Canada's Yukon territory in 2021 as permitting, engineering and financingRead More

MANGANESE ORE ANALYTICS: December 7, 2020 [UPDATED]

December 08, 2020 / www.metalbulletin.com

The latest data for the global manganese ore market for the week ended December 7, 2020.This article was updated...Read More

Buyers told of possible delays to Las Bambas copper deliveries after local protests in Peru

December 08, 2020 / www.metalbulletin.com

Buyers of MMG's Las Bambas copper concentrates have been informed of possible delays due to a blockade of transport routes by local protesters, Fastmarkets understands. The Australian-Chinese miner did not declare force majuere as of Monday December 7, sources said. Vehicles carrying personnel, copper output, equipment and supply of Las Bambas have been blocked by protesters, comprising...Read More

COPPER CONCs SNAPSHOT: Spot terms rise as benchmark negotiations stall

December 08, 2020 / www.metalbulletin.com

Copper concentrate treatment and refining charges rose at the beginning of December with the market becoming quieter during the annual benchmark negotiation period.The progress in TC/RC negotiations has been slow in the week ended Friday December 4, with a considerable gap between the aspirations of major miners and smelters, sources familiar with the matter said.In the spot market, Fastmarkets' c...Read More

MANGANESE ORE ANALYTICS: December 7, 2020 [UPDATED]

December 08, 2020 / www.metalbulletin.com

The latest data for the global manganese ore market for the week ended December 7, 2020.This article was updated...Read More

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