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Gold's Role As A Store Of Value Over Centuries

July 21, 2020 / news.goldseek.com

Mark O'Byrne, GoldCoreDelighted to have been asked to speak on the Market Musings Podcast recently. Just click on the play button below to listen."Market Musings welcome the founder and research director Mark O'Byrne from GoldCore. When it come to gold and silver Mark is your man. He explains how gold has a tried and tested performance as a store of wealth over centuries, and why he thinks every...Read More

Precious Metals Update Video: Silver is breaking out

July 21, 2020 / news.goldseek.com

Ira EpsteinCentral Banks coming out this week and next week with policy meetings. The weekly gold chart makes another new high. Gold bias is up, trend is up, resistance remains the upper Bollinger band around $1831:Read More

Asian Metals Market Update: July-21-2020

July 21, 2020 / news.goldseek.com

Only covid vaccine hopes has resulted in global stock markets rising. Silver has to trade over $2020 today to rise quickly. Gold is rising from factors such as US imposing ban on certain Chinese companies due to its treatment of Muslim minorities and US presidential election drama. UK Pound should rise after Bank of England governor said that UK has recovered half of its output lost in March-Apr...Read More

PEOPLE MOVES: Ferroglobe names sales heads, foremost Craig Arnold as CCO

July 22, 2020 / www.metalbulletin.com

Ferroglobe has appointed Craig Arnold as its new chief commercial officer, effective immediately, in the second addition to its senior sales team this year of someone from a high-purity silicon background. "Mr. Arnold succeeds Jeff Watson, who chose to step down from his position to pursue other interests while being closer to his family in the United States," London-based Ferroglobe said on July...Read More

REFILE-PRECIOUS-Gold jumps to nine-year peak on tepid dollar and stimulus

July 21, 2020 / www.kitco.com

(Corrects attribution in 13th paragraph) * Silver hits more than four-year peak* Palladium reaches highest in nearly three months * Global shares gain on EU recovery fund and vaccine hopesBy Eileen SorengJuly 21 (Reuters) - Gold rose more than 1% to a nine-yearhigh on Tuesday, propelled by a softer dollar and expectationsof more stimulus measures to resuscitate pandemic-hit economies,while silver...Read More

IN CASE YOU MISSED IT: 5 key stories from July 21

July 22, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 21 that are worth another look.Two separate strikes at ArcelorMittal steelworks in northern Spain have had little or no impact on output, the company said on July 21.Maersk Line, the world's biggest shipping line by cargo capacity, will stop handling scrap cargoes destined for mainland China and Hong Kong due to policy uncerta...Read More

Mexican scrap prices continue to fall on high supply

July 22, 2020 / www.metalbulletin.com

Ferrous scrap prices in Mexico fell this week amid a weak steel market performance and increasing inventories, sources told Fastmarkets. Low steel production in the country sent scrap stocks higher during the week.Efforts to reduce prices in the country became more widespread last week, with more steelmakers cutting buying prices and additional sellers affected by previously announc...Read More

DAILY STEEL SCRAP: Mills to book more cargoes for August-September

July 22, 2020 / www.metalbulletin.com

Turkish steel mills took a break from deep-sea scrap purchases Tuesday July 21, but still expected to book more cargoes for August and September shipments, sources told Fastmarkets.The most recent booking was from the Baltic Sea region, sold on Monday July 20 at $265 per tonne cfr on HMS 1&2 (80:20) basis. This compared with the previous Baltic Sea cargoes sold at the end of last week...Read More

MORNING VIEW: Markets generally upbeat, helped by EU recovery fund deal

July 22, 2020 / www.metalbulletin.com

Markets were for the most part stronger this morning, Tuesday July 21, encouraged by the ?,?750 billion ($858 billion) recovery fund that European Union leaders agreed on in the early hours of this morning. Markets were also being boosted by hopes that progress is being made on Covid-19 vaccines and ongoing concerns about supply disruptions, while participants seem content to look past the current...Read More

Ontario Investing in Economic Development in Kenora-Rainy River Region

July 21, 2020 / news.ontario.ca

KENORA - The Ontario government is providing $498,000 through the Northern Ontario Heritage Fund Corporation (NOHFC) to help increase tourism, boost economic development and create 13 new jobs in the Kenora-Rainy River region."As our province safely and gradually reopens, we are proud to work together with northern communities and businesses to drive economic growth and job creation in the far cor...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

July 22, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

July 22, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it...Read More

Iamgold to proceed with $1.3 billion Cote Gold mine in northern Ontario

July 21, 2020 / www.canadianinvestor.com

Share this articleTORONTO - Iamgold Corp. says it is going ahead with its US$1.3-billion Cote Gold mine in northern Ontario as world gold prices reached nine-year highs over US$1,830 per ounce.Construction of the project, which is 30 per cent owned by Sumitomo Metal Mining Co., will start this summer with preparatory work including fish salvage, camp preparation and road access development.T...Read More

IN CASE YOU MISSED IT: 5 key stories from July 21

July 22, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 21 that are worth another look.Two separate strikes at ArcelorMittal steelworks in northern Spain have had little or no impact on output, the company said on July 21.Maersk Line, the world's biggest shipping line by cargo capacity, will stop handling scrap cargoes destined for mainland China and Hong Kong due to policy uncerta...Read More

Alliance Magnesium, in Danville, Qu?(C)bec, Constructing a New Plant for Primary Production of Magnesium; Interview with Joel Fournier, President and Chief Technology Officer

July 21, 2020 / www.metalsnews.com

Alliance Magnesium, located in Danville, Qu?(C)bec, has developed and patented technology, based on clean electrolysis to extract the magnesium, contained in serpentine rock and produce recycled magnesium. This revolutionary process will bring a worldwide paradigm shift in magnesium production, turning international environmental issues into economic successes. Alliance will capitalize on growing...Read More

WD to EAC rerun from 7.15.20

July 21, 2020 / www.energyandcapital.com

That heading has a lot of numbers in it, huh? That's the first thing I thought when I typed it, at least. But that's exactly what this article is. And it looks even funnier if you spell it all out: Three Five Gee Stocks Under Ten Dollars.So, that's the headline I settled on. It's got its own simple kind of beauty, I guess. But enough of me talking about my choice of headlines. Let's get into me ta...Read More

EUROPE HRC: Domestic prices stabilize in the north

July 22, 2020 / www.metalbulletin.com

Prices for domestic hot-rolled coil in Northern Europe were fairly stable day on day on Tuesday July 21, sources told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe was calculated at ?,?407.67 ($466.36) per tonne on Tuesday July 21, up by just ?,?0.28 per tonne from ?,?407.39 per tonne on Monday July 20. Tuesday's...Read More

Dr. Allen Alper Interviews Matt Gill, MD and CEO, White Rock Minerals Ltd. (ASX: WRM), Exploring for Globally Significant High-Grade VMS (Zinc, Silver, Gold) and IRGS Gold Deposits in Alaska.

July 20, 2020 / www.metalsnews.com

Matt Gill, Managing Director and CEO of White Rock Minerals Ltd. (ASX: WRM), updated us on White Rock. White Rock has undergone a 3 to 4-times re-rating since Metals News started covering them, and Matt sees the potential for a much greater upside. They have an advanced JORC compliant gold and silver project in northern New South Wales, Australia, and an exciting new large gold anomaly discovery,...Read More

GULF FLAT STEEL IMPORTS: Prices up but holiday limits demand

July 22, 2020 / www.metalbulletin.com

Flat steel import prices in the United Arab Emirates and Saudi Arabia have increased over the past week, although demand was only moderate, sources told Fastmarkets on Tuesday July 21.Demand was subdued because of the upcoming Eid Al-Adha religious holiday at the end of July. But prices went up because of high offers.India stopped offering flat steel to the UAE toward the end of last week and UAE...Read More

US Commerce Department probes imports of Mexican steel wire mesh

July 22, 2020 / www.metalbulletin.com

The US Department of Commerce has initiated anti-dumping and countervailing duty investigations into imports of standard steel welded wire mesh from Mexico, according to a release from the US International Trade Administration (ITA) dated Tuesday July 21.The probes follow petitions filed by Insteel Wire Products, Mid-South Wire Co, National Wire, Oklahoma Steel & Wire Co and Wire Mesh Corp, the re...Read More

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