Sep 21, 2020 (Baystreet.ca via COMTEX) --Analysts remain bullish on gold. UBS for example believes gold could run even further and remain high “for...Read full newsRead More

(Bloomberg) -- Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics. Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group's Americas c...Read More

Japan Gold is pleased to announce acquisition of the Kanehana ProRead full newsRead More

Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion to settle charges from US regulators of spoofing in precious metals and Treasury m...Read full newsRead More

Canadian broader markets have fallen in the last few weeks on the back of the tech sector’s weakness. If you are sitting on cash, consider the following three TSX stocks with solid growth potential for the long term.Maxar TechnologiesThe Canadian stock market has soared more than 40% since March. However, some TSX stocks have substantially rallied since then and outperformed the broader mark...Read More

Hours before a patchwork federal police force dispersed protesters from the White House with tear gas so Donald Trump could have his picture taken with a bible, the Defense Department's lead military police officer sent out a call for a "heat ray" that could be used to scorch the skin of American citizens.The weapon, known as an Active Denial System, is a form of directed-energy weapon (or laser w...Read More

Here are five Fastmarkets stories you might have missed on Thursday September 24 that are worth another look.Brazilian ferrous scrap association Inesfa expects further decreases in export volumes from the levels seen in August, with demand rising among local steelmakers amid a heated steel market, the group's president, Clineu Alvarenga, said...Read More

London Metal Exchange three-month base metals prices were universally trading lower in the morning session on Thursday September 24, with sustained strength in the dollar index - trading at a six-week high - and macro uncertainty driving down futures prices. The dollar continues to trade above 94 today, most recent trading around 94.53 this morning, acting as an effective headwind for metals tradi...Read More

China's imports of unwrought aluminium and aluminium products increased by more than eightfold on a year-on-year basis in August, according to Chinese customs data released on Wednesday September 23.This follows a more-than-sixfold increase in the country's light metal imports in July.Copper imports also...Read More

Here are five Fastmarkets stories you might have missed on Thursday September 24 that are worth another look.Brazilian ferrous scrap association Inesfa expects further decreases in export volumes from the levels seen in August, with demand rising among local steelmakers amid a heated steel market, the group's president, Clineu Alvarenga, said...Read More

Slovak ferro-alloys producer OFZ Slovakia is producing a reduced rate of ferro-silicon, compounding other European plants that have cut production in response to the fall in consumption from steelmakers struggling to tackle end-user demand, an industry source told Fastmarkets.OFZ Slovakia is operating only two of its four ferro-silicon producing furnaces, with the rest of its furnaces producing ma...Read More

The initial public offering (IPO) by Chinese battery materials producer CNGR Advanced Materials Co Ltd has been approved, according to a document filed to the Shenzhen Stock Exchange on Wednesday September 23. CNGR has been given the greenlight to be listed on the second-board market and the company plans to sell up to 56.97 million shares to domestic investors. The battery materials producer expe...Read More

Here are five Fastmarkets stories you might have missed on Thursday September 24 that are worth another look.Brazilian ferrous scrap association Inesfa expects further decreases in export volumes from the levels seen in August, with demand rising among local steelmakers amid a heated steel market, the group's president, Clineu Alvarenga, said...Read More

Several Bangladeshi steelmakers have exited the market for imports of steel scrap in recent days, piling further pressure on already-weakening prices, market participants told Fastmarkets on Thursday September 24.No deep-sea bulk imports have been booked into Bangladesh over the past week, while deals for material in containers were closed at lower prices than in the previous week."I think Banglad...Read More

Turkish steel producers have continued their silence in the deep-sea scrap markets in hopes of pushing prices downward, sources told Fastmarkets on Thursday September 24.The country's steelmakers have been staying away from the deep-sea scrap market since September 9, when bookings were made at $301 per tonne cfr for HMS 1&2 (80:20).Although some US and Baltic Sea...Read More

Base metals prices on the London Metal Exchange were down across the board this morning, Thursday September 24, while risk-off gathered pace on concerns that the Covid-19 pandemic is spreading aggressively again. US central bankers also warned on Wednesday that the US economy remained in a "deep hole" of joblessness and weak demand. Base metals prices on the LME are all dropping from high ground,...Read More

Share this article Tesla Motors Ltd. [TSLA-NASDAQ] CEO Elon Musk has outlined improvements the company has made in its battery manufacturing capabilities and said he doesn't want to be constrained by the availability of key battery ingredients such as nickel."I actually spoke with the CEO's of the major mining companies of the world and asked them to please make more nickel," said Musk during a...Read More

(Updates prices, changes comment, dateline; previous LONDON) * U.S. labor market slowing as fiscal stimulus fades * Oil dips as frail demand outlook offsets U.S. stock fall * COVID-19 Global Tracker: By Rodrigo CamposNEW YORK, Sept 24 (Reuters) - An index of stocks across theglobe fell on Thursday and the dollar rose for a fifth sessionrunning on lingering concern about another economic hit from t...Read More

Share this article If you are an investor in resource stocks, then the first and a half months of 2020 have been very kind to you, especially so if your portfolio has been over-weighted to the gold/silver sector.I don't know the exact numbers, but I'm pretty sure that other than the high flying technology sector, the gold/silver sector has been the top performing market segment so far this year...Read More

Lithium market participants and observers have generally reacted positively to US electric vehicle maker Tesla's recent announcements because they support the view that demand for the metal is likely to soar in the medium term, sources have said.But sources surveyed by Fastmarkets have cast doubts on the potential of the new lithium extraction process announced by the company during its Battery Da...Read More