Popular News

Gold's Secret is Out

September 10, 2020 / www.outsiderclub.com

Gold's moment in the sun is nearly here.While uncertainty continues causing spikes and drops in the broader market, gold is continuing its climb higher. While mass sell-offs followed by short-lived valleys continue to give investors in the NASDAQ and S&P 500 mild panic attacks, gold investors have been able to breathe much more easily with the yellow metal's more stable changes in price. Any rec...Read More

Can gold hit $20,000? Pierre Lassonde talks industry's future and his legacy

September 14, 2020 / www.kitco.com

Sep 15, 2020 Guest(s): Pierre Lassonde Chairman, Franco-Nevada Should the Dow Jones to gold ratio retrace to 1:1, which it has on several occasions in the past, the gold price could climb to $15,000 to $20,000 an ounce assuming the metal catches up to the Dow, according to Pierre Lassonde, chair emeritus of Franco-Nevada. Lassonde retired from the board of Franco-Nevada this year, but is still a...Read More

IN CASE YOU MISSED IT: 5 key stories from September 15

September 16, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday September 15 that are worth another look.BHP has flagged inconsistent profits caused by volatile commodity prices as a key risk to its business.Rio Tinto is to launch its first closed-loop recycling program, offering customers in North...Read More

NEWSBREAK: US again removes Section 232 tariffs vs Canadian aluminium

September 16, 2020 / www.metalbulletin.com

The Section 232 tariffs applied to US aluminium imports from Canada have again been removed - just 40 days after the reintroduction of those duties was announced, the Office of the United States Trade Representative (USTR) said on Tuesday September 15."The United States will resume duty-free treatment of non-alloyed, unwrought aluminium, retrospective to September 1," the Office of the USTR said.T...Read More

LIVE FUTURES REPORT 15/09: LME base metal price gains capped by US Fed trepidation

September 16, 2020 / www.metalbulletin.com

Recent gains in London Metal Exchange three-month base metals prices stalled at the close on Tuesday September 15 after consumer jitters set in ahead of the following day's United States Federal Reserve meeting. A slew of better industrial data from China failed to offer price support while a stronger dollar index, trading up 0.19% at around $93.12 during the afternoon session was an effective hea...Read More

GSP Resources Begins Drill Program

September 15, 2020 / www.321gold.com

Bob Moriarty ArchivesSep 15, 2020GSP Resources (GSPR-V GSRCF-OTCBB)put out a press release on the 8th of September that was at the very least poorly worded and confusing. They announced the start of a drill program at their Alwin copper mine adjacent to Teck’s Highland Valley Mine. When I read the press release I got into contact with the company to clarify what I thought they were doing.In...Read More

Fed Meet:A Key Catalyst For Gold?

September 15, 2020 / www.321gold.com

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 15, 2020 Competition is supposed to be healthy, but when governments compete to see who can borrow the most money while paying their lenders little or nothing... that’s not healthy at all. Please click here now. Double-click to enlarge this daily gold chart.The next key Fed meet...Read More

Finnfjord to stop FeSi production for two weeks, source says

September 16, 2020 / www.metalbulletin.com

Norwegian ferro-silicon producer Finnfjord Smelteverk will stop ferro-silicon production for two weeks from this weekend because of planned maintenance to its three furnaces, a source told Fastmarkets.The amount of production that will be lost is unclear, although output was down by about 3,500 tonnes when it carried out maintenance on one furnace in the third qu...Read More

GLOBAL CHROME SNAPSHOT: Higher Indian alloy offers support Japan, South Korea prices

September 16, 2020 / www.metalbulletin.com

An overview of the chrome ore and alloy markets and their latest price moves.Japan & South Korea A bullish Indian market continues to support imported ferro-chrome prices in Japan and South Korea.Despite elevated offers from Indian suppliers, spot demand remained...Read More

Rising commodity prices are 'greatest danger' to industry, says Odey's Steel

September 15, 2020 / www.mining-journal.com

Mining Journal: How did you end up working in the natural resources sector? Henry Steel: I am fortunate in that I knew what interested me early on.Read More

Codelco enters into labor agreement with El Teniente supervisors' union

September 16, 2020 / www.metalbulletin.com

Chilean copper producer Codelco has agreed a 36-month labor deal with the union representing supervisors at the El Teniente copper mine, the state-owned company said on Monday September 14.Codelco said the 36-month labor contract renewal deal includes no pay rises to enable the company to secure unit profitability and to generate resources for Chile to tackle social and health issue...Read More

This past week in gold

September 16, 2020 / www.321gold.com

Jack ChanPosted Sep 14, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio remains on BUY signalGLD is testing the breakout point.$HUI broke resistance.Next major resistance at 525.GDX has...Read More

Siyata Mobile Launches "Hero Series" Portfolio

September 15, 2020 / kincommunications.com

Montr?(C)al, Qu?(C)bec - September XX, 2020 - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF/ FRA: WK3D) is proud to announce the launch of the new "Uniden (R) Hero Series" line of cellular signal boosters dedicated to first responders in the USA, who rely on cellular connectivity on the front line to save lives and protect our communities. The "Uniden (R) Hero Series" comprises of 3 devices, the Uni...Read More

Summa Silver Provides Drill Program Update at Hughes Silver-Gold Property; Drilling Additional Targets

September 15, 2020 / kincommunications.com

Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to provide an update to the on-going drill program at the Hughes silver-gold project in Tonopah, NV. To date, ten holes have been completed and two are in progress with two core rigs in full operation. Approximately 5,200 m have been drilled in completed holes. All holes drilled to date ha...Read More

IN CASE YOU MISSED IT: 5 key stories from September 15

September 16, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday September 15 that are worth another look.BHP has flagged inconsistent profits caused by volatile commodity prices as a key risk to its business.Rio Tinto is to launch its first closed-loop recycling program, offering customers in North...Read More

Vital Materials to acquire ceramic target business of Samsung Corning Advanced Glass

September 16, 2020 / www.metalbulletin.com

China-based minor metals producer Vital Materials has agreed to acquire the ceramic target business division of Samsung Corning Advanced Glass (SCG) - a joint venture between Samsung Display and Corning Incorporated - Vital told Fastmarkets on September 15.SCG's ceramic target business - in Gumi, South Korea - is an indium tin oxide, (ITO), indium zinc oxide (IZO) and indium gallium zinc oxide (IG...Read More

DAILY STEEL SCRAP: Purchasers hold back on weak long steel demand

September 16, 2020 / www.metalbulletin.com

The Turkish steel mills continued to hold back from deep-sea scrap purchases on the second working day of this week amid softening demand for finished long steel products, sources said on Tuesday September 15.Mills in Turkey booked seven deep-sea cargoes, totalling around 230,000 tonnes, early last week before withdrawing from the market on September 10.The most recent deep-sea bookings put scrap...Read More

Rio Tinto to launch its first-ever closed-loop recycling service

September 16, 2020 / www.metalbulletin.com

Rio Tinto is to launch its first closed-loop recycling program, offering customers in North America a new scrap take-back solution and the production of high-quality alloys made with recycled content. The service, which will be available from next year, complements the company's production of low-carbon aluminium and is designed to give its customers greater choice while they look to meet increasi...Read More

MORNING VIEW: Encouraging Chinese data underpins base metals prices

September 16, 2020 / www.metalbulletin.com

Base metals prices were for the most part firmer this morning, Tuesday September 15, supported by some good Chinese economic data. China's industrial production climbed by 5.6% year on year in August, after a 4.8% rise in July, while retail sales rose by 0.5% year on year in August, after a 1.1% fall in July.Asian-Pacific equities were mixed, however, with gains in China, Hong Kong and South Korea...Read More

Uranium Energy Applauds the U.S. Department of Commerce on a Historic Agreement to Reduce U.S. Dependence on Russian Nuclear Fuel

September 15, 2020 / www.canadianinvestor.com

Share this article CORPUS CHRISTI - Uranium Energy Corp applauds the U.S. Department of Commerce or negotiating an amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation that reduces America's dependence on Russian natural uranium concentrates up to 75% from prior levels. An initialed draft agreement between the DOC and Russia's State Atomic Ene...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok