A summary of base metals premiums from across the globe for the week to Tuesday August 13. Please click...Read More

We strongly advise metals investors to read the "Ahead of the herd" site regularly. It is very educational and informative. Readers will find the site loaded wtih facts and information with a sharp insight into the mining industry. Views on the metals are the priority but there are regular in-depth opinions on currencies, interest rates, central banks activities among several topics. Analysis and...Read More

"The company now has 100% ownership of a nickel district with over 280Mt of resource [measured and indicated] in one of the largest mining districts in Brazil, the Carajás district, which has good infrastructure, water, energy and skilled labour," Horizonte chief executive Jeremy Martin said."This generates the potential for Horizonte to develop two mining centres within trucking distance o...Read More

Seaborne manganese ore prices continued to fall this past week amid rising risk aversion among Chinese buyers, partly due to the depreciation of yuan against the US dollar, while a weak alloys market also dampened consumers' appetite for seaborne cargoes. Seaborne low-grade, high-grade manganese ore prices continue to soften. Silico-manganese prices dip further in China. Indian silico-manganese pr...Read More

That contribution was above guidance of $390-$430 million.Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce that, subject to regulatory approval, it has retained Mackie Research Capital Corporation ("Mackie Research") to initiate market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange.Beginning August 1, 2019, Mackie Research will trade sh...Read More

The Chinese ferro-silicon market softened over the past week in line with weaker demand, in turn fueling expectations of further price weakness in the near term.In Europe, however, the ferro-silicon market was steady after recording a small bounce in the prior week after suppliers held their offer prices ahead of expected uptick in demand. Chinese market prepares for further losses Europe awaits r...Read More

Dave KranzlerThe price of gold continues to hold up under the enormous selling in the paper derivatives markets on the Comex and LBMA. This morning's price attack is a good example:The chart above shows December paper gold in 5 minute intervals. Typically the price of gold is taken lower leading up to the a.m. London "fix," in which the "price fix" process is characterized with heavy offerings...Read More

Stewart Thomson, Graceland Updates 1. Please click here now. Double-click to enlarge this chart. 2. Another glorious day for gold investors is underway. 3. Please click here now. Double-click to enlarge.4. The only better-looking chart than gold right now is... silver!5. Years ago, I coined the term "flagification" to describe the formation of multiple flags on...Read More

"The true hallmark of a bull market in gold, however, is its ability to rise relativeto other major currencies. And it's doing just that." - John MurphyMichael Kosares, USA Gold Gold responds to the trade and currency warAt all-time highs in six of the world's top currenciesThe charts posted immediately below tell one of the quiet, but perhaps most important stories unfolding in the world of hig...Read More

Jordan Roy-Byrne CMT, MFTALast week was another strong one for the precious metals sector. Gold gained a whopping $51/oz or 3.5%. The gold stocks (GDX, GDXJ) advanced by roughly 6%. Silver gained 4%.Momentum in the sector began to build once Gold surpassed resistance at $1420-$1425/oz. We had noted the lack of resistance from $1425 to $1525-$1550/oz. Gold has not reached $1550/oz yet but as it...Read More

Captain EwaveGOLD: Short Term Update Short Term Update: In the overnight session we moved lower early to reach a low of 1499.40, but gold has now surged up to the 1520.00 level! On the intraday chart the drop from 1522.40 to the current low of 1499.40 looks to be a small corrective pattern. If it is complete at the 1499.40 low then gold is now heading above the 1522.40 level....Read More

SRSrocco While the gold and silver prices have broken out higher, precious metals investors are wondering if the rally will continue throughout the rest of the summer. Since the beginning of June, gold has gone up $250 while silver has increased $3. Gold is now trading above $1,500 for the first time since 2013 and silver has finally penetrated a key resistance level held for the past six y...Read More

By: Ira EpsteinGold's 18-DMA moving higher, today in the $1460's. Gold show bullish signs:Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday August 9.  US Key drivers  Excess supply endures, with contracted material, silicon-rich scrap alternatives and grade 5-5-3 increasingly coming to the United States from numerous overseas suppliers.  Business remains subdued for automakers, lowering their demand for secondary aluminium...Read More

Key data from the pricing sessions in Asia and Europe in the week ended Friday August 9. China Key drivers The price of antimony MMTA standard-grade II, ddp China ended a month of stability last week, dropping after some domestic suppliers lowered their offer prices to secure sales.  Concerns over the possible outflow of antimony stocks held in Fanya Metal Exchange warehouses in the nea...Read More

The price of ferrous scrap in Mexico's northern Monterrey region increased in the week ended Tuesday August 13, while prices in the southern Baj?-o region remained stable, Fastmarkets has learned.Fastmarkets' assessment for steel scrap No1 busheling, consumer buying price, delivered mill Monterrey, was 4,850 pesos ($248) per tonne on August 13, up from 4,700 pesos per tonne a week before, while th...Read More

The Turkish deep-sea scrap markets were unchanged today while trading paused in the country due to the Eid al-Adha religious holiday, sources told Fastmarkets on Tuesday August 13.The Turkish market and those in other Middle Eastern territories will be closed until August 15 for Eid al-Adha; no new cargoes are expected...Read More

The UK ferrous scrap market for deliveries to domestic consumers in August has settled with prices unchanged for the third month in a row, balanced between relatively tight supply and low key demand, Fastmarkets heard on Tuesday August 13.The uncertainty about underlying consumption in the UK and Europe, because of weaker manufacturing, helped to confirm the downward trend. And the weakness of ste...Read More

The economic and geopolitical clouds are getting more widespread and darker with unrest in Hong Kong and debt default concerns in Argentina adding to market concerns that are already stressed by the continuing US-China trade dispute, poor global economic data, stalemate over Iran and the potential for a hard Brexit. Gold has pushed up to another fresh multi-year high on Tuesday August 13, but some...Read More