Two Venezuelans have been charged with smuggling $5 million worth of gold bars inside the nose of an airplaneContinue...Read More

Iranian export prices for steel billet and slab have been mostly stable in the week to Wednesday September 25, with some deals heard for billet, sources told Fastmarkets on Wednesday.Iranian producers were offering billet at $350-360 per tonne fob, and deals totalling 200,000 tonnes were heard to China at $385-395 per tonne cfr. This price would be equivalent to $345-355 per tonne fob.A further...Read More

Eastern China's rebar prices retreated on Wednesday September 25, which went on to stimulate trading activity. Domestic Eastern China (Shanghai): 3,680-3,700 yuan ($517-520) per tonne, down 20-30 yuan per tonneNorthern China (Beijing): 3,590-3,630 yuan per tonne, unchangedSellers in eastern China lowered their prices after two days of increases, which led some end users in the region to raise thei...Read More

The mineralization there represents ounces that could be added to the existing resources. OceanaGold Corp. (OGC:TSX; OGC:ASX) announced in a news release that additional drilling at the Martha underground project at the Waihi gold mine in New Zealand significantly expanded the size of the exploration target, which represents mineralization that could be added to the existing resources. As such, t...Read More

The change went into effect today. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC; GTBDF:OTCQX) upgraded its listing to the OTCQX Best Market from the OTCQB Venture Market and began trading there today under the symbol GTBDF, it was announced in a news release."Great Bear Resources joins more than 26 companies that have utilized the OTCQB Venture Market to build their company's visibility and gr...Read More

Bob Moriarty of 321 Gold explains why he's a fan of this company's exploration efforts. Source: Blackrock GoldI finished my latest book in January. It took another month to get the layout and a cover made just right for it. Since that time about ten thousand people have bought the book or downloaded the Kindle version for free. It is one of the highest rated books I have ever seen on Amazon and I...Read More

In a report, iA Securities explains the deal and makes a recommendation to the shareholders of the seller. In a Sept. 23 research note, iA Securities analyst George Topping reported that Barkerville Gold Mines Ltd. (BGM:TSX.V) agreed to sell to Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) the remaining Barkerville shares Osisko does not already own, for CA$338 million, or CA$0.58 per share fully...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday September 25.Key driversThe ferro-titanium market dropped in price in the past week, losing $10 on the top end of the range amid slow trading. Consumers have been slow to return to the market since the seasonal summer lull, both for prompt and quarterly deliveries of ferro-titanium. Around 70 tonnes of ferro-titanium was reported so...Read More

Ahead of the annual North American Ferro-alloys conference in Chicago on September 25-27, Fastmarkets looks at some of the key factors likely to dominate vanadium contract negotiations over the coming weeks. See also: NA FERRO-ALLOYS CONF: Likely key talking points at industry gathering in ChicagoRead More

While the ferro-alloys industry prepares to gather in Chicago for the annual North American Ferro-alloys conference on September 25-27, Fastmarkets outlines some of the key topics likely to dominate discussions this year. Where is the floor for ferro-vanadium prices? Ferro-vanadium prices in Chinese and European markets both hit all-time highs last year, partly because of an anticipated increase i...Read More

President Trump said a China trade deal could come soonThe Dow bounced back in a big way today, shaking off political drama thanks to U.S.-China trade optimism. Investors are weighing comments from President Donald Trump that a trade deal with China could come soon, while also eyeing the impeachment inquiry put forward by House Speaker Nancy Pelosi. The White House released the rough transcript o...Read More

Prices for hollow steel sections in the European domestic market moved down this week with market sentiment turning negative, sources told Fastmarkets on Wednesday September 25.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?585-600 ($644-660) per tonne on Wednesday, narrowing downward from ?,?585-610 per tonne one week before.There was...Read More

NKE stock is set to open at a new record highFutures on the Dow Jones Industrial Average (DJI) are trading above fair value, thanks to a positive earnings reaction for Nike (NKE). The Dow stock is up 5.4% in electronic trading -- set to open at a record high -- after the athletic apparel retailer's strong fiscal first-quarter earnings report was met with an onslaught of price-target hikes. However...Read More

Comtech Telecommunications and Boeing are both making moves upward Positive comments from President Donald Trump on a U.S.-China trade deal helped push stocks higher midday. Three stocks in particular making moves are Dow component Boeing Co (NYSE:BA), communications equipment name Comtech Telecomm. Corp. (NASDAQ:CMTL), and original equipment manufacturer (OEM) specialist Smart Global Holdings (N...Read More

The firm thinks August housing data paints a "bullish backdrop" through DecemberHousing stocks have outperformed in 2019, with the SPDR S&P Homebuilders ETF (XHB) up 32% year-to-date. More recently, XHB shares bounced sharply from their rising 120-day moving average in mid-August, and rallied to a 19-month high of $44.04 on Sept. 13. The fund has since eased back from here, but is up fractionally...Read More

UAA stock is higher after Nike earningsUnder Armour Inc (NYSE:UAA) stock is trading up 1.7% at $19.73, getting a lift from Nike's (NKE) impressive turn in the earnings confessional. This puts UAA on track for its second win in nine sessions, but a number of options traders don't think these gains will last.With about 90 minutes left in today's trading, around 1,600 UAA puts have changed hands -- 1...Read More

Is Gold now back in a bull market? Most goldbugs think so and are quick to proclaim that.But, could Gold remain in a secular bearmarket? It hasn’t made a new all time high in 8 years and the perma-bull,financial asset loving crowd certainly believes so.This is semantics because what really mattersis making money and nothing else. With that said, Gold is not in a real bullmarket yet. We can...Read More

The chipmaker is set to report its fourth-quarter earnings after the close tomorrowChip name Micron Technology, Inc. (NASDAQ:MU) is higher on two new price-target hikes from analysts. Specifically, BMO lifted its price target to $60 from $50, while Cowen boosted its estimate to $46 from $38. These two bull notes come just one day before MU's fiscal fourth-quarter earnings report, due out after the...Read More

Trump gave positive comments about a trade deal with ChinaFollowing a brief move into negative territory, the Dow Jones Industrial Average (DJI) is up more than 100 points at midday. Stocks are gaining after President Donald Trump told reporters that a China deal could come sooner than people think, helping the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) rise as well, with the tech and retail...Read More

Is Gold now back in a bull market? Most gold bugs think so and are quick to proclaim that.But, could Gold remain in a secular bear market? It hasn't made a new all time high in 8 years and the perma-bull, financial asset loving crowd certainly believes so.This is semantics because what really matters is making money and nothing else. With that said, Gold is not in a real bull market yet. We can...Read More