Most major aluminium producers agree that tackling the carbon intensity of the smelting process is one of the biggest challenges facing their industry. What they cannot agree on is how to deal with the situation, as a lively panel hosted by Fastmarkets during LME Week at the end of October showed. Aluminium smelting is an energy-intensive business and the market is starting to differentiate b...Read More
Bearish macroeconomic signals and oversupply have put minor metals and ferro-alloys prices variously under pressure over 2019; the structure and terms of contracts agreed over the coming weeks will show how market participants are accounting for those signals ahead of 2020. A slowing global economy alongside uncertainty over the China-United States trade dispute and Brexit have slowed minor metals...Read More
If you're new to silver, or if you're a veteran stacker, Matt discusses some things that all investors should consider...by Matt from Silver Fortune via Silver FortuneWhether you're new to silver, or a stacking veteran, this is worth listening to. Read More
Copper has attempted to rebound since early September following a marked sell-off in the summer months where macro and fundamental forces have been prevalent.On the macro front, copper has benefited from a slight easing in US-China trade tensions and more monetary policy easing across the globe - including China, where copper consumption is the most exposed - that has shored up investor sentiment....Read More
RAPAPORT... Luk Fook's sales fell 20% in the first fiscal half amiduncertainty in the Hong Kong market and the rising price of gold. Total sales dropped to HKD 6.31 billion ($805.5 million) inthe six months ending September 30. Profit for the period slipped 26% to HKD497.3 million ($63.5 million). Same-store sales - at Luk Fook outlets open for more than ayear - in Hong Kong and Macau slid 2...Read More
RAPAPORT... Nearly a quarter of Gem Diamonds' shareholders voted againstreelecting CEO Clifford Elphick to the company's board, in an effort to force approval of share buybacks and dividends. The board directors opposed implementing those measures because of the current weakness in the diamond market and the need to maintain appropriate cash reserves, the miner noted.Although Elphick's r...Read More
RAPAPORT... US polished-diamondimports fell 24% to $1.48 billion in September, according to the latest datafrom the US Commerce Department. The decline reflected lower volumes and a dropin the average price. Polished imports fell 13% to $15.37 billion for the firstnine months of the year.US Trade Data for September 2019 Read More
RAPAPORT... Lucara Diamond Corp. is expecting sales to rise in 2020 amidan increase in production from the higher-grade portion of its Karowe mine inBotswana. Sales will reach $180 million to $210million next year, compared with $170 million to $180 million for 2019, it predicted last week. Lucara believes it will recover a higher proportion of roughdiamonds -including special-size stones ove...Read More
(IDEX Online) - Lucara Diamond Corp. said it expects an increase in revenue in 2020, with estimates of $180-$210 million. In 2019, total revenue is expected to be between $170-$180 million, according to a recent change in guidance released by the company. However, despite the anticipated increase in revenue, Lucara has reduced its predicted sales - down to 350,000-390,000 carats in 2020 from...Read More
(IDEX Online) - The IDEX Polished Diamond Price Index showed very slight movement in November. Prices dropped marginally around the middle of the month, but returned to their earlier level by the end of November.The Index began the month at 120.86 and ended it at 120.93.OutlookTrade in November continued to rise in the mid-stream, reflecting an increase in retail sales as the holiday season draws...Read More
"$AAXN - Dealing With Axon Enterprise's Share Price Volatility. Sign up for updates on Seeking Alpha! https://t.co/RJOUmXQ2GO #finance #stocks #investing"Read full newsRead More
"$DVN - Devon Energy: This Low-Cost Oil Producer Keeps Getting Better. Sign up for updates on Seeking Alpha! https://t.co/4KbTKwRLBC #markets #trading #business"Read full newsRead More
"$VZ - Verizon Investors Need To Pay Attention To These 3 Issues. Get more info on Seeking Alpha: https://t.co/dd0kx6E1LW #stocks #trading #finance"Read full newsRead More
"$XOM - 3 Oil Stocks To Buy For 5%+ Dividend Yields And Growth. Read more and get updates on any stock! https://t.co/RcCfF3cgS5 #stockmarket #stocks #business"Read full newsRead More
"$NORW - Global X MSCI Norway's Upside: Why Norges Bank May Go Hawkish. Follow this and any other stock on Seeking Alpha! https://t.co/IOdCpGATUB #business #stocks #markets"Read full newsRead More
Sale Consolidates Gold Bar District for the First Time in Over 20 Years Vancouver, British Columbia--(Newsfile Corp. - November 27, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) (Read full newsRead More
"$CXO - Concho Resources Is Looking Better Heading Into 2020. Sign up for updates on Seeking Alpha! https://t.co/81Bqw4xWDo #economy #trading #stockmarket"Read full newsRead More
The giant headframes that are the remains of 1890's gold mining days will again light up the night sky around Victor and Cripple Creek again this holiday season. These unique mining structures are one-of-a-kind remnants of the gold rush era. This marks the 20th anniversary of the event.Read full newsRead More
"$ETM - Entercom: Management Is Too Optimistic, Avoid For Now. Sign up for updates on Seeking Alpha! https://t.co/EQrk6B8ENI #trading #finance #investing"Read full newsRead More
"$VIGI - Vanguard International Dividend Appreciation ETF Provides A Safe Way To Invest Internationally. Read more and sign up for updates: https://t.co/Wdk5LHKkQx #trading #business #finance"Read full newsRead More