"Anglo Asian Mining (#AAZ) announces YTD Q3 2019 total production of 60,122 gold equivalent ounces, down from 61,761 in YTD Q3 2018Made $8.5m in the quarter, down from $9.3m in H1 2019Had $19.1m in net cash as at 30 September, up from $15.2m at 30 Junehttps://t.co/QALShsTYFD"Read full newsRead More

After opening marginally up and edging up further in early trades, the TSX slipped into negative territory Thursday morning. The downward trend was the result of economic data from either side of the border due to uncertainty about the approval of the deal and worries about U.S.-China trade dispute. However, materials shares and mining stocks remained in demand following news from several Canadian...Read More

The Federal Reserve is up to its old tricks under a new name. Any name really, just definitely not the old name.It just announced that it is reversing course and buying $60 billion a month of government-backed debt.But don't call it quantitative easing! Don't confuse this with stimulus!The Fed is adamant that this is completely different. It doth protest too much, methinks.Here's what's going on....Read More

Oct 18, 2019 Guest(s): Jon Lamb Portfolio Manager, Orion Resource Partners Silver has been lagging gold, but if gold can hold current price levels, then the white metal can start to outperform, this according to Jon Lamb, portfolio manager of Orion Resource Partners. "I think silver takes off if gold continues to stabilize at these levels, I think you'll see more interest in silver. Gold miners...Read More

An increase in copper concentrate treatment and refining charges (TC/RCs) so far this month reflects a drop in the number of spot deals ahead of annual contract negotiations that are set to start during the annual London Metal Exchange Week gathering. With major smelters well stocked, bids are close to the new quarterly price floor set by the China Smelters Purchase Team (CSPT). Traders, meanwhile...Read More

Three-month prices of base metals traded on the London Metal Exchange, with the exception of tin and lead, were buoyed by a weaker US dollar to close up at the afternoon kerb on Friday October 18.The LME three-month copper price finally began to make gains, closing up 1.1% at $5,806 tonnes from yesterday's $5,739 per tonne close. Much has been made of copper futures' lack of reaction to tightening...Read More

The alumina price on a fob Australia basis has stabilized just below $280 per tonne in the week ending Friday October 18, after a flurry of deals over the past week. Fastmarkets calculated the benchmark daily alumina index, fob Australia at $278.25 per tonne on Friday, down from $277.14 per tonne on Thursday. It has hovered between $277 and 278 per tonne over the past week. Key drivers: ...Read More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announces that its wholly owned subsidiary, Select Sands America Corp., has recently sold its 457-acre Bell Farm property for $700,000 USD subject to a 20-year deed restriction to any sand mining on the property. The Company will retain the exclusive rights to lift the deed restriction within the 20 year restrict...Read More

Rio Tinto's copper and aluminium production dropped due to unexpected shutdowns during the third quarter.The company's Yarwun alumina refinery in Australia shut over the third quarter for 35 days; the shutdown has since ended.Total alumina production was down by 7% during the third quarter at 1.8 million tonnes.At $278.25 per tonne, the Fastmarkets Alumina index, fob Australia has sunk to around t...Read More

Adam HamiltonArchivesOct 18, 2019 The gold miners are likely to report blowout profits in this spinning-up Q3'19 earnings season. Higher production, stable costs, and much-higher gold prices should combine for some super-impressive results. That's going to leave the still-undervalued gold miners much more attractive fundamentally, supporting bigger capital inflows and much-higher stock prices. Q3...Read More

The court found the former head of the government inspection body had been actively involved in anti-Amulsar activities prior to his federal appointment which raised reasonable doubts about his objectivity. The court ruled Artur Grigoryan failed to recuse himself from considering the matter when required to do so and declared his directive invalid."This ruling is yet another confirmation that unla...Read More

An increase in copper concentrate treatment and refining charges (TC/RCs) so far this month reflects a drop in the number of spot deals ahead of annual contract negotiations that are set to start during the annual London Metal Exchange Week gathering. With major smelters well stocked, bids are close to the new quarterly price floor set by the China Smelters Purchase Team (CSPT). Traders, meanwhile...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 319,37066,34357,254167,700455,975544,324579,572 Change from Prior Reporting Period -15,0137,5233,953-55-22,722-11,115-11,246 Traders 19782875451278195 Small Speculators LongShortOpen Interest 63,06327,815607,387 1,5451,676-9,570 non report...Read More

Metals investors are positioning themselves for rapidly developing political and geopolitical events, as well as a rapidly expanding Federal Reserve balance sheet. What started out as a limited intervention to provide temporary liquidity to overnight lending markets has morphed into a massive $60-billion-per-month Treasury-buying campaign. By some measures, it's even bigger than the last Quant...Read More

By: Ira EpsteinGold trend turns up if it gets above $1,503. 18 day moving average also at $1,503 area, important resistance area to get above for the gold markets to turn into a more bullish bias:Read More

By: Rick Ackerman, Rick's PicksI like gold here, but I'd like it even more a somewhat lower levels. How much lower? Here are two charts to judge, including one in GLD for those of you who don't trade futures.www.RickAckerman.comRead More

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday October 18. China  The imported UG2 chrome ore price weakened after sales of MG grade ore were concluded at lower prices, while ample availability of UG2 in ports weakened market sentiment at a time of low demand.  The spot ferro-chrome price softened on...Read More

An overview of the minor metals markets and the reasons for their latest price moves. Read More

The whereabouts of minor metal stocks held by the now defunct Fanya Metals Exchange has been a weight on the outlook of minor metals prices and contract negotiations since the exchange collapsed in 2015. The whereabouts of minor metal stocks held by the now defunct Fanya Metals Exchange has been a weight on the outlook of minor metals prices and contract negotiations since the exchange collapsed i...Read More

Global scrap prices in all the major markets recovered during the working week ended Friday October 18, boosted by lower material availability and rising Turkish import prices. Turkish import prices up as mills resume November buying US export prices up on bulk sales to Turkey Taiwan import prices up on reduced supply, Vietnam import prices stable Indian import prices up in line with Turkish marke...Read More