Here are five Fastmarkets MB stories you might have missed on Friday September 18 that are worth another look.China has issued its 12th batch of non-ferrous scrap metal import quotas for 2020, with a much larger volume of copper scrap being approved to enter the country than in the previous two rounds of quotas. The latest batch permits 136,335 tonnes of copper scrap to be imported into China, the...Read More

We have to keep our eyes on the biggereconomic cycle. It helps in maintaining a proper perspective, and putting moreemphasis on the bigger prize rather than the day to day movements.The historical relationship between silverand the stock market provides great insight as to where we are currently inthis cycle. Traditionally, the best part of silver rallies come after asignificant Dow peak.From prev...Read More

The U.S. stock market plunged last week. Will gold follow suit?Last week, the U.S. stock market has seen strong selling activity. The S&P 500 Index has declined about 7 percent from its peak, while the Nasdaq Composite Index plunged more than 10 percent (entering a correction territory), below 11,000, as the chart below shows. It was the tech sector’s worst drop since the end of March, i...Read More

Inmid-march, just as the coronavirus was gaining momentum, the price of goldbegan to rise.  After trading sidewaysfrom 2015 to 2019, gold rose from a low of $1,471 in mid-March to $2,069 onAugust 6th, a spectacular 40% rise in five months.Duringthat same period, silver rose from $11.94 to $29.14 on August 6th,an even more spectacular 114% increase. Threedays later, on August 9th, as gold and...Read More

Fitch Solutions says global gold production will increase from 106moz in 2020 to 133moz by 2029.Read full newsRead More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

Australian nickel-gold miner IGO Ltd on Friday kicked off a review of its 30% stake in the Tropicana gold mine in Western Australia, after receiving unsolicited approaches from a number of interested parties.Read full newsRead More

Along with tech stocks, metals and mining stocks have also notably boosted Canadian stock markets this year. While the TSX Index has soared 40%, miner stocks have skyrocketed around 150% since the epic selloff in March.Interestingly, that also falls short when we compare it with two Canadian metal names. Shares of Canadian miners Fortuna Silver Mines (TSX:FVI) and New Gold (TSX:NGD) have more than...Read More

I often remind investors that you don’t require a lot of cash to build wealth. Even a small and regular investment in good quality stocks can go a long way. So, if you’re looking to participate in the stock market with a small amount, consider buying the shares of these high-growth stocks trading under $20.Kinross GoldKinross Gold’s (TSX:K)(NYSE:KGC) growing low-cost production a...Read More

Let me show you something a lot of people don't understand about the gold sector.It'll perfectly illustrate how the market is handing us a fantastic opportunity.It is profoundly easy to make more money off the same basic trend just by picking the right ticker.Right now, it means the difference between being up 30% or up 46%. And that is just with ETFs.This is the gold multiplier effect and it is b...Read More

Sep 21, 2020 Guest(s): Phillip Streible Chief Market Strategist, Blue Line Futures Both the equities markets and gold are seeing a sell-off on Monday, with a combination of a strong dollar and political factors behind the push downwards, said Phil Streible, chief market strategist at Blue Line Futures."The dollar index is coming up, it actually broke up to the upside. That's going to weigh on co...Read More

Sep 21, 2020 Guest(s): Andr?(C)e St-Germain CFO, Integra Resources The flow of capital into the mining sector saw a new trend; a wave of investors who have previously not been involved in the precious metals sector, said Andree St-Germain, CFO of Integra Resources."It looks like every mining company right now can actually raise equity. Investors are definitely looking for leverage to rising prec...Read More

Here are five Fastmarkets stories you might have missed on Monday September 21 that are worth another look.Brazilian steel and iron ore producer Companhia Sider??rgica Nacional (CSN) will launch an initial public offering (IPO) of its mining division stock to fund a $6-billion expansion plan that will increase capacity to 108...Read More

Base metals futures fell on the London Metal Exchange on Monday September 21, with the US markets reacting negatively to the forecast from that country's Federal Reserve bank (the Fed) that it will keep interest rates largely unchanged at low levels for the next three years.The price of zinc on the LME for delivery in three months' time closed at $2,458 per tonne at 5pm on Monday, down by 3.1% fro...Read More

Global alumina prices are expected to remain rangebound over the next quarter unless there are significant changes to the supply and demand picture, Noranda chief operating officer Thomas Robb said. Speaking at Fastmarkets' International Aluminium Conference on Monday September 21, Robb said: "It feels like the market is somewhat rangebound because of the supply and demand dynamics we're seeing ou...Read More

Bob Moriarty ArchivesSep 21, 2020Iwrote about Defiance Silver (DEF-V, DNCVF-OTCBB) back in July. Their shares were $.35 back then and have almost doubled since. Investors it seems to me are way too bullish. While I would like to see a deeper correction in gold and silver, Defiance is prepared for higher prices. I think they are as perfectly positioned as any company in the space. Because of levera...Read More

Global alumina prices are expected to remain rangebound over the next quarter unless there are significant changes to the supply and demand picture, Noranda chief operating officer Thomas Robb said. Speaking at Fastmarkets' International Aluminium Conference on Monday September 21, Robb said: "It feels like the market is somewhat rangebound because of the supply and demand dynamics we're seeing ou...Read More

The precious metal price fell below US$1,900 an ounce on the spot market earlier but was at $1,913/oz at the time of writing.Meanwhile, Wheaton Precious Metals has announced it intends to seek admission to the London Stock Exchange in the fourth quarter."This proposed listing will support the company's plans for growth and brings the first senior precious metal streaming company to the LSE," it sa...Read More

Bearish supply fundamentals and a high London Metal Exchange three-month price continue to spark debate in the nickel market, but while Citi maintains that the much-lauded electric vehicle (EV) metal is its least-preferred for medium-term investment, a quick turnaround in Chinese economic recovery is providing green shoots for physical demand, analyst Oliver Nugent told Fastmarkets. "We can't help...Read More

New Day Aluminum is evaluating investment opportunities in the aluminium and specialty chemicals businesses in Europe, the company's chairman and chief executive officer said.During an interview on the bauxite and alumina day at Fastmarkets' International Aluminium conference, David D'Addario said that New Day has relocated chief operating officer Tom Robb to London to be in charge of the process....Read More