Gold miners remained one of the biggest coronavirus beneficiaries.Read full newsRead More

The outstanding success of gold stocks during the pandemic continues this week, as Barrick Gold (TSX:ABX)(NYSE:GOLD) soars +10%. The rocketing share price can be attributed to investment guru Warren Buffett and his famous holding company Berkshire Hathaway. But is Barrick stock a good buy for the general investor? And what might this latest development signal for low-risk portfolio holders? L...Read More

News on Friday was that legendary investor Warren Buffett’s Berkshire Hathaway’s investment portfolio has, for the first time, opened a new position in a gold stock. The news has raised media speculation that the Oracle of Omaha might have changed his value investment philosophy. The man historically discouraged investing in the precious metal. Has Mr. Buffett changed his stance on gol...Read More

The legendary investor Warren Buffett once again surprised the global investing community with his trades recently. Buffett-led Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRKB) was pretty active during the second quarter of 2020, which saw one of the best recoveries after an epic crash in March.Warren Buffett in Q2Institutional investors disclose their stock holdings through 13F filings after 45 days of...Read More

Warren Buffett has never been the biggest fan of gold. Having stressed its “lack of utility” in many public statements, he has mostly avoided investing in it. Buffett generally prefers investing in more productive assets and considers gold to be a “bet on fear.”Recently, however, the Oracle of Omaha seems to have changed course. In the second quarter, he made a major bet on...Read More

What does Big Tech have in common with diapers?(drumroll, please...)They're all over your ass and they're completely full of shit.(rimshot)Apologies for that terrible old joke. It used to start with "politicians", but in the case of the antitrust investigations into America's biggest tech companies, it fits together all too well.Earlier this month we witnessed the CEOs of Google, Facebook, Amazon,...Read More

Publisher's Note: After fighting in the trenches of the gold bear market for the past few years, finding success where success was scant, I have the good fortune of a deep network in the gold space. That means I can reach out to people most others can't to get an inside look at what's going on in the world of gold, just like I did with billionaire John Paulson and his recent Big Long on gold. Th...Read More

A lot of people were surprised that Warren Buffett’s Berkshire Hathaway bought shares of gold miner Barrick Gold (TSX:ABX)(NYSE:GOLD) in the second quarter.Generally, Buffett isn’t a believer in gold as an investment, because the asset doesn’t produce anything. He notes that people buy gold hoping that someone will pay more for it later.In 2011, there was a bubble in gold. It was...Read More

Here are five Fastmarkets stories you might have missed on Monday August 17 that are worth another look.The board of directors of Brazil-based miner Vale has approved a project to expand capacity in the miner's Serra Sul iron ore site, in the country's northern Caraj??s region, by 20 million...Read More

The three-month zinc price on the London Metal Exchange settled firmly above nearby support levels at the close of trading on Monday August 17 after an afternoon of strong buying, while the largest tin inflow of the year prompted the metal's outright price tumble. Zinc's underlying price on the LME closed at $2,442 per tonne on Monday afternoon, climbing from an intraday low of $2,364 per tonne, w...Read More

The aluminium premium at main Japanese ports (MJP) in the fourth quarter of 2020 was unlikely to rise from its level in the third quarter even though the gradual recovery of demand in the country has improved market sentiment in recent weeks, sources have told Fastmarkets.Last week was part of the summer break for the majority of end-users in Japan, but participants said that the MJP market has be...Read More

Jack ChanPosted Aug 17, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio is on SELL signal. The divergence as noted may have marked another top.$HUI broke resistance.Next major resistanc...Read More

Spot gold was up around US$1,990 an ounce earlier but was at $1,981/oz at the time of writing.Meanwhile, word of Warren Buffett's Berkshire Hathaway investment in Barrick Gold sent the gold major up 11.32% yesterday to within C$1 of a one-year high.Other gold equities gained in Toronto, including Equinox Gold (TSX: EQX), Victoria Gold (TSX: VGXC) and Wesdome Gold Mines (TSX: WDO), which all rose m...Read More

The project is now ready for development, pending finance. Earlier this month, Orion was granted the water use licence.Read More

Chrysos' Photon Assay is a quantitative chemistry-free replacement for fire assay on site and in the laboratory.Read More

Liquidity improved in the UG2 chrome ore market in the week to Friday August 14, with current price levels enticing more buyers to be active in the forwards market, according to market participants.Fastmarkets' chrome ore South Africa UG2 concentrates index basis 42%, cif China was stable at $133 per tonne on Friday, after rising by $1 per tonne the previous week.Trading activity picked up signifi...Read More

President and CEO of the Mining Association of Canada (MAC), Pierre Gratton said the worker inaction stacked on top of other national supply chain disruptions brought about by COVID-19, Indigenous rights demonstrations, and railway strikes late last year lowered the country's competitiveness on the international stage."On the backdrop of massive supply chain disruption, and unprecedented reputatio...Read More

Montr?(C)al, Qu?(C)bec - August 17, 2020 - Siyata Mobile Inc. (the "Company" or "Siyata") (TSX-V:SIM / OTCQX:SYATF) is pleased to announce the appointment of Nicholas Yaeger as VP of Sales for the Company's Verizon Account, effective immediately.Mr. Yaeger is an experienced individual who has worked at Verizon in various roles and departments for more than 15 years. His extensive background in the...Read More

Turkish domestic scrap prices increased over the past week in line with strengthening domestic finished steel prices and imported scrap costs, sources said on Monday August 17.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey was 1,890-2,115 lira ($257-288) per tonne on Monday, up from 1,720-2,045 lira per tonne last week.A number of steel mills ra...Read More

Metal prices were mostly firmer on both the London Metals Exchange and the Shanghai Futures Exchange on Monday August 17, the exception was the SHFE September aluminium contract that was down by 0.3% while the rest of the metals on both exchanges were up by an average of 1.1%. United States/China trade talks over the weekend were postponed. Japan's preliminary gross domestic product fell by 7.8%...Read More