The association is preparing for its upcoming annual Mineral Exploration Roundup event themed ‘Elements of discovery' that will seek to address this and other issues from January 28-31 inRead More
An overview of the battery raw materials markets and their price moves from the past week.Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
GoldSeek Radio's Chris Waltzek talks to Bill Murphy of the Gold Anti-Trust Action Committee and La Metropole Cafe. (http://www.gata.org/ http://www.lemetropolecafe.com/)Please Note that the video is not included in this version, but will be in the future.Read More
The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling b...Read More
By: Ira EpsteinStrong US Dollar has taken gold and silver out of their respective uptrends:Read More
If you have strong feelings about how the week is going to end on Wall Street, then perhaps you don't understand the situation. Although there was no bullish buying to speak of in the last five days, neither, evidently, was there any enthusiasm for dumping shares. The result was that the broad averages wedged a few inches higher, setting up a potential breakout that could see the Dow gain as muc...Read More
Global ferrous scrap prices recovered earlier losses and moved upward during the week ended Friday January 25, with a number of deals being done at higher prices, Fastmarkets heard throughout the week.Prices into Turkey moved up after new deep-sea cargo bookings, which also helped to push up export scrap prices from the United States. Good demand increased scrap prices in Asia, while India made ga...Read More
UK alloy steel scrap prices were stable this week, with firmer nickel and molybdic oxide prices being offset by stronger sterling versus the euro.With the majority of UK scrap being shipped to the European continent, any increase in the value of sterling must be balanced by lower prices in order to keep cargoes competitive.Therefore, UK scrap prices were largely stable this week. The price of 18/8...Read More
The price of shredded ferrous scrap imported into India went up this week after deals were agreed at higher prices, market participants said on Friday January 25.Fastmarkets' weekly index for containerized imports of shredded scrap into India was $322.34 per tonne cfr Nhava Sheva on January 25, up from $318.73 per tonne cfr Nhava Sheva on January 18.Deals for shredded material were heard done at $...Read More
Comex copper prices rebounded on Friday January 25 after three straight declines amid a lower dollar and a round of technical buying. The copper price for March settlement on the Comex division of the New York Mercantile Exchange surged 5.35 cents to $2.6980 per lb. Market participants remain wary of commodity markets, though, with Chinese and...Read More
The South Arturo gold mine on the Carlin Trend, Elko County, Nevada, a joint venture between Premier Gold Mines and Barrick Gold. Source: Premier Gold Mines Ltd.Premier Gold Mines Ltd. [PG-TSX, PIRGF-OTC] on Friday January 25 announced a US$68 million financing package to fund project development.The multi-pronged financing package includes a credit facility with Investec Bank for US$50 million an...Read More
Edward Meir of INTL FCStonetopped the base metals leaderboard in the Apex fourth-quarter 2018 contest, with an accuracy rating of 98.51%, while SP Angel were top of the precious metals table with 97.53% accuracy.For steel raw materials, Fastmarkets topped the leaderboard with 93.38% accuracy.Click on the image below to download the full report.Second in the base metals leaderboard was Caroline Bai...Read More
Drilling the Goldstack Zone at the Plateau Project, Yukon. Source: Goldstrike Resources Ltd.Goldstrike Resources Ltd. [GSR-TSXV] on Friday January 25 said that Newmont Mining Corp. [NEM-NYSE] has elected to drop its option to earn an interest in Goldstrike's 100%-owned Plateau property in the Canadian Yukon.Investors reacted to the news by sending Goldstrike shares down 14.3% or $0.01 to $0.06 o...Read More
Gold prices finished lower on Thursday, with the metal's short-term prospects linked to a firmer dollar, but investors keeping watch over the impact of the partial shutdown of the U.S. government and ongoing U.S.-China trade dispute. Longer term, most analysts remain upbeat in their outlook for precious metals as a mixed picture for the economic outlook and major global issues, including those tra...Read More
Investors are proving a fairly patient lot these days, considering the big questions marks around the global economy and the U.S. government itself. Comments from top White House economic adviser Kevin Hassett a day earlier about "zero" growth for the U.S. if the shutdown doesn't end soon, are still the subject of some chatter for Wednesday. The day for Wall Street is looking positive so far, but...Read More
INTL FCStone's Edward Meir took the top spot on Fastmarkets' Apex 2018 yearly base metals leaderboard with an accuracy rating of 98.75%.In second place for base metals was Capital Economics' Caroline Bain with an accuracy rating of 98.25%, while Fastmarkets was third with 96.75%. Citi and CLSA's Andrew Driscoll were in joint fourth place with 96.69%.In the precious metals category, Georgette Boele...Read More
(Updates with closing prices, aluminium technicals)By Eric OnstadLONDON, Jan 25 (Reuters) - Zinc prices hit their highest inthree months on Friday on worries that weak refined output inChina could send the global market into deficit.Lead also hit a three-month peak after inventories dwindled,while the wider industrial metals market was boosted by asliding dollar."The big question in zinc is s...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Ontario electricity consumers will benefit from about $200 million in cost savings from operational efficiencies at Bruce Power, putting more than $5 million per month into consumers' pockets over the next three years.Provisions built into the Bruce Power Refurbishment Implementation Agreement with the Independent Electricity System Operator (IESO) ensure that the people of Ontario benefit from an...Read More