"NV Gold Expands Property Position by Over 50 Percent at its High-Grade Root Spring Gold-Silver Project in Nevada https://t.co/Zg3NA0vSNo #ResourceNews #Gold #NVX $NVX $NVGLF"Read full newsRead More
Fidelity Minerals Corp. is pleased to announce the acquisition of a portfolio of projects including Las Brujas, Cerro el Bronce, and Porphyritic Copper.Read full newsRead More
Renforth Resources Inc. reminds shareholders that Renforth has commissioned new technical reports for its New Alger and Parbec properties.Read full newsRead More
Something really scary happened during the hours of Monday night and early Tuesday morning. The Federal Reserve lost control of its interest rate.I bet you didn't know that could happen. But it can, and it did. You see, overnight periods are actually important times for banks, hedge funds, and other major financial institutions.What these firms do in that time, essentially, is sell U.S. Treasur...Read More
Sep 24, 2019 Guest(s): Gerald Celente Publisher, The Trends Journal As House Speaker Nancy Pelosi prepares impeachment action against President Donald Trump, Gerald Celente, publisher of the Trends Journal, is calling the whole affair a "waste of time" with no greater impact on the economy and the average American's livelihood. "It could possibly happen but it won't mean anything, because if the...Read More
A summary of base metals premiums from across the globe for the week to Tuesday September 24.Please click...Read More
Fastmarkets proposes to discontinue its assessment of the copper rod annual premium, cif Nhava Sheva, due to a lack of liquidity and excessively long premium negotiation periods.Annual premium negotiations between Indian buyers and international sellers can run for as long as seven months, making it very difficult for price reporters to capture deals and concentrate trade liquidity.Fastmarkets gen...Read More
The three-month zinc price on the London Metal Exchange was lower at the close of trading on Tuesday September 24, dipping below the $2,300-per-tonne support level despite falling exchange stocks, while aluminium futures closed at their lowest level since September 3. Zinc futures closed at $2,282 per tonne this afternoon, also settling at their lowest level since September 3 against a broad weake...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 24, 2019 Please click here now. SPDR fund (GLD-NYSE) gold tonnage roared above 900 tons yesterday, and now sits at about 908. That’s solid action, and I’ll dare to suggest there’s more coming! Please click here now. As the ominous month of October approaches, US stoc...Read More
The company, the world's largest copper producer, aims to align its debt profile with the timelines when its structural development projects such as Chuquicamata underground, a new mine level at El Teniente, the Inca mine at Salvador, and the mine-plant transfer system at Andina, will be in full production. "These projects account for three-quarters of the expected output 10 years from now," the c...Read More
"Today's recovery not only demonstrates the quality of Petra's asset base, as the Cullinan diamond mine remains a significant source of rare blue diamonds, but it again confirms the prevalence of exceptional stones in the Cullinan orebody as well as the ability of the mine's plant to recover the full spectrum of diamonds," Petra said on Monday.Blue diamonds have become one of the world's most soug...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday September 24 that are worth another look.The long-lasting downtrend in the international scrap market, which has pushed prices to three-year lows this month, has led to the point where steelmakers which use electric-arc furnaces (EAFs) have a significant advantage over those equipped with blast furnaces (BFs), which use iron ore...Read More
Brazil police were last week reportedly set to announce the first criminal charges against Vale and German safety inspector TÜV SÜD over the dam collapse, with 249 people killed and 21 still missing at the start of this month.Police have now formally accused seven individuals from Vale and six from TÜV SÜD, for covering up structural dangers at the dam during safety audits last...Read More
Five private copper smelters in China have halted production because processing at market terms has become unfeasible due to a combination of weakening demand for end products, a tight copper concentrates market and the higher costs of complying with pollution standards.The smelters involved are Top-Eastern Copper in Liaoning, Jinshui Copper and Kaitong Group in Yunnan, Laizhou Fangtai in Shandong...Read More
Miners launch cheaper offer prices for manganese ore in response to declining demand from China. Ore markets knocked by cheap offers, languishing demandSilico-manganese spot prices weaken in ChinaIndian silico-manganese prices drop amid poor demand, oversupplyEuropean alloy markets flatline in consumer absenceUS high carbon ferro-manganese price falters Seaborne manganese ore prices dived on Frida...Read More
Stewart Thomson, Graceland Updates 1. Please click here now. SPDR fund (GLD-NYSE) gold tonnage roared above 900 tons yesterday, and now sits at about 908. 2. That's solid action, and I'll dare to suggest there's more coming!3. Please click here now. As the ominous month of October approaches, US stock market investors may have a new problem on their hands; a Treasury Secre...Read More
By: Ira EpsteinGold is spinning around, back and forth...Read More
Ferrous scrap prices in Mexico have dropped for almost all grades and in almost all regions this week, with some of the country's main steelmakers applying price cuts.Last week, a large Mexican mill confirmed a price reduction of 400 pesos ($20.57) per tonne for all scrap grades, adding to previously announced price cuts of 200 pesos per week in September by two other large scrap consumers.But som...Read More
Turkish deep-sea scrap prices have shown a slight uptick with news of a fresh European cargo trade, but the market direction was still unclear, sources said on Tuesday September 24.A steel mill in the Iskenderun region booked a European cargo, comprising 15,000 tonnes of HMS 1&2 (75:25) at $220 per tonne and 10,000 tonnes of shredded at $230 per tonne cfr.News of the cargo raised the daily scrap i...Read More
Belgium-based battery-materials manufacturer Umicore has reached a multi-year supply agreement with South Korean battery maker LG Chem for nickel-cobalt-manganese (NCM) cathode materials, Umicore said on Monday September 23. Under the agreement, Umicore will supply LG Chem with a total of 125,000 tonnes of NCM cathode materials over several years, starting from 2020. The companies did not reveal t...Read More