Gold is headed for its worst two-day drop in history as pandemic panic grips global financial markets.Image: The ScottGold for delivery in April come close to crashing through the $1,500 level on the Comex market in New York on Friday, down $86 an ounce, or 5.4% from yesterday's closing price of $1,590.30 an ounce. By the close on Friday, gold pared some of those losses, closing at $1,520.Contract...Read More

Port of Tanjung Perak, Indonesia. Credit: Wikipedia Global nickel production will drop significantly over 2020, as major producer Indonesia's nickel ore export ban comes into effect, Fitch analysts assert in a recent report. This drop will be slightly offset by the impact of rising production growth in the Philippines where some currently suspended mines will become operational again, while the c...Read More

I hope you bought the VIX before yesterday's bloodbath. During morning trading, you couldn't even get a price on it. According to CBOE Global Markets, there was a complete absence of pricing from market markers.A CBOE Senior Trade Desk Specialist told Reuters that VIX options became tradable at 9:51 A.M. but no trades went through at all for a full seven minutes. There was no one on the other side...Read More

The MCSA Mining Complex within Cura???? Valley. Credit: Ero Copper Ero Copper (TSX: ERO) reported its highest ever annual copper production of 42,318 tonnes for 2019 - a 39% year-on-year increase - at a record low cash cost of $0.93 per pound of copper produced.Net income attributable to owners of the company reached $91.9 million or $1.01 per share, also a record high. Cash flow from operations...Read More

Cauchari-Olaroz project in Argentina. Image courtesy of Lithium Americas Corp Lithium Americas (TSX: LAC, NYSE: LAC) announced Friday that it expects a delay on the construction of its Cauchar?--Olaroz lithium project in Jujuy, Argentina.The company said the construction was set to be completed by the end of 2020, but noted there will be delays of up to 90 days in the delivery time for some equip...Read More

Duluth, Minnesota. Credit: Wikimedia Commons. The Minnesota Section of the Society for Mining, Metallurgy &Exploration (SME) announced Friday the cancellation of the 2020 SME MNConference. The regional conference had been scheduled to be held at the DuluthEntertainment Convention Center April 6-8, 2020. The event was cancelled because of growing concerns about the globalspread of the coronavirus...Read More

Aluminium primary foundry alloy premiums were stable in Europe and the United States this week, with market participants pondering the long-term effects of the outbreak of 2019-nCoV coronavirus on the market's fundamentals and supply chain.EuropePremiums in Europe were steady, with market participants uncertain about the direction the market might take due to the measures being taken to try to con...Read More

The London Metal Exchange three-month copper price maintained its level on Friday March 13, closing at $5,460, with almost 31,000 lots traded on the day.The copper price touched a high of $5,589 per tonne but also fell to a low of $5,319.50, before consolidating around the $5,400-per-tonne mark.The copper price was also supported by the fresh cancellation of 1,150 tonnes on Friday, bring...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Global trade is being slowed down by the sluggish recovery of China's logistics sector, with a build-up of containers at the country's ports creating problems around the world.Subsequent to the outbreak of the 2019-nCoV coronavirus that began in China's Wuhan province, not all of the country's workers have returned to their jobs after the extended break for the lunar new year holiday. This has slo...Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday March 13. United States  Thin available inventory pressured prices upward. Consumer interest was still limited but suppliers drove liquidity...Read More

Welborn now directly holds 3.Read More

Adam HamiltonArchivesMar 13, 2020 With the major gold miners' stocks getting bludgeoned, smart contrarian traders are salivating at coming great buy-low opportunities! With the COVID-19 pandemic's extreme fear terrifying the markets, it's very important to stay grounded in the gold stocks' underlying fundamentals. Just this week they are finishing reporting their Q4'19 results, which were incredib...Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday March 13.China Spot domestic Chinese ferro-chrome prices have dropped after leading mill Tsingshan Group lowered its March tender price by 2.6%.The lower tender and...Read More

A substantial shareholder notice lodged this morning shows Squadron spent A$9.1 million buying 44.9 million Panoramic shares since the end of January. It gives Squadron an initial 5.Read More

Aluminium primary foundry alloy premiums were stable in Europe and the United States this week, with market participants pondering the long-term effects of the outbreak of 2019-nCoV coronavirus on the market's fundamentals and supply chain.EuropePremiums in Europe were steady, with market participants uncertain about the direction the market might take due to the measures being taken to try to con...Read More

An overview of the minor metals markets andthe reasons for any price moves.Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 336,29036,75954,064182,948511,252573,302602,075 Change from Prior Reporting Period -29,883-9,681-31,2954,814-17,893-56,364-58,869 Traders 20177796158300183 Small Speculators LongShortOpen Interest 60,16831,395633,470 -2,151354-58,515 non reportable positi...Read More

Do not look at corona virus news. It will only result in you making a wrong decision. Think long term. Thing strategically and then invest. Do not try to play the T20 cricket game. Hit or miss way of investing will result in more misses or more losses. Invest with a 5 day cricket test match view. A good investment call and you can easily make over hundred percent return before Christmas. Asian n...Read More

Public Health Sudbury & Districts medical officer Dr Penny Sutcliffe confirmed an attendee to the conference, which saw about 23,000 people gathered under the same roof, had tested virus-positive upon returning home."I am confirming that based on our investigations so far, the individual was not infectious while attending the PDAC 2020 conference March 2 and 3 in Toronto," said Sutcliffe."Our...Read More