Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) and Tanzania have arrived at a plan to settle disputes between the miner's 63.9%-owned Acacia Mining (LON:ACA) and the country's government, which includes a $300 million payment to resolve tax claims in the East African nation.Among the proposals put forward, Barrick offered to create a local operating company in Tanzania and share economic benefits fro...Read More

Canada's Barrick Gold (TSX:ABX) (NYSE:GOLD) and Tanzania have arrived at a plan to settle disputes between the miner's 63.9%-owned Acacia Mining (LON:ACA) and the country's government, which includes a $300 million payment to resolve tax claims in the East African nation.Among the proposals put forward, Barrick offered to create a local operating company in Tanzania and share economic benefits fro...Read More

Published7:56PM ET Tue, 19 Feb 2019Updated6 Hours AgoReuters Getty ImagesPalladium jumped above the $1,500 per ounce mark for the first time on Wednesday, propelled by a stark supply deficit, while gold hit a 10-month high on a weaker dollar as investors awaited cues on U.S. monetary policy.Spot palladium, which traded as high as $1,502 per ounce, was up 0.74 percent at $1,490.50 at 1:52 p.m. EST...Read More

Both the technicals and the fundamentals are now firmly in favor of gold. This is good, and there's more to come, asserts gold sector expert Brien Lundin, editor of Gold Newsletter.Read full newsRead More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed higher Tuesday, coming off its eighth straight weekly gain. The Nasdaq edged higher - it has closed higher for six straight sessions.Walmart Inc. (WMT)  rose 2.23% to $102.22, after the world's largest retailer posted adjusted earnings in its fourth quarter of $1.41 a share, beating analysts' f...Read More

Wide contangoes on the London Metal Exchange were supporting global aluminium premiums on Tuesday February 19, with premiums in Europe, the United States and Japan all rising. Contango on LME offsets slow demand for duty-unpaid metal in Europe.Market participants in Asia expect higher premiums on wide spreads.US Midwest premium increases week-on-week in liquid market.Brazil aluminium premiums mixe...Read More

A summary of base metals premiums from across the globe for the week to Tuesday February 19.Please click...Read More

A consortium of metals and mining industry participants has teamed up with a blockchain technology firm to develop a platform to improve supply chain management and create efficiencies in the sector.Following its series on the role of blockchain in commodities trade finance, Fastmarkets looks next at the digitization of supply chain management.A consortium of metals and mining industry participant...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday February 19 that are worth another look.The London Metal Exchange has released the fees for its new cash-settled futures contracts to be launched on March 11, three of which - an aluminium premium contract, an alumina futures contract and a cobalt contract - are settled against Fastmarkets MB price benchmarks. Hot metal rem...Read More

Chinese exporters were seen raising vanadium offer prices amid stronger sentiment following the market's return from the Chinese New Year holidays, sources told Fastmarkets.Chinese vanadium export offers tick up European ferro-vanadium market flat on inactivity European vanadium pentoxide (V2O5) prices firm following stronger Chinese sentiment US ferro-vanadium prices widen amid activity incr...Read More

A consortium of metals and mining industry participants has teamed up with a blockchain technology firm to develop a platform to improve supply chain management and create efficiencies in the sector.Following its series on the role of blockchain in commodities trade finance, Fastmarkets looks next at the digitization of supply chain management.A consortium of metals and mining industry participant...Read More

The London Metal Exchange has released the fees for its new cash-settled futures contracts which will be launched on March 11, three of which are settled against Fastmarkets MB benchmarks.The cash-settlement fee for the aluminium premiums contracts will be $0.35 per leg, per side of the trade, per lot, the LME said on Tuesday February 19. The aluminium premiums suite includes a duty-unpaid Eu...Read More

The Turkish scrap import market continued to be quiet on Tuesday February 19 because of the slow rebar and billet sales in the country, sources told Fastmarkets.The mills in the country were still struggling to sell rebar and billet in both the domestic and export markets, so they were delaying their raw material purchases, Fastmarkets heard."Turkish producers were expecting to sell some rebar to...Read More

A consortium of metals and mining industry participants has teamed up with a blockchain technology firm to develop a platform to improve supply chain management and create efficiencies in the sector.Following its series on the role of blockchain in commodities trade finance, Fastmarkets looks next at the digitization of supply chain management.A consortium of metals and mining industry participant...Read More

The copper market surged in morning trading on Tuesday February 19 in the United States amid rising optimism for a trade resolution between the world's two largest economies - the US and China.The copper price for March settlement on the Comex division of the New York Mercantile Exchange jumped by 6.5 cents per lb to $2.8635 per lb.Positive news about US-Chinese trade sentiment continued to suppor...Read More

The three-month base metals prices traded on the London Metal Exchange were mixed and little changed on the morning of Tuesday February 19.Zinc led the decline with a 0.3% drop to $2,635 per tonne from $2,643.50 per tonne at Monday's close, followed by nickel that was down by 0.2% at $12,440 per tonne from $12,465 per tonne, while aluminium was up by 0.2% at $1,858 per tonne from $1,854 per tonne....Read More

Global miner Eurasian Resources will place its Boss Mining copper-cobalt unit in Democratic Republic of Congo on care and maintenance at the end of February 2019, the company has told Fastmarkets."Boss Mining will be placed into care and maintenance from the end of February," the company said in a statement published on Tuesday February 19."We can confirm that technical and exploration work has st...Read More

[Editor’s note: This story was originally published in August 2018. It has since been updated and republished.]The stock market’s volatility in recent months has not made me less bullish on the five cheap stocks profiled in this article. Among these stocks, market movements can cause some noise. But the investment thesis on cheap stocks is predicated on huge moves higher in the long-te...Read More

Suppliers of hot-rolled (HR) and cold-rolled (CR) steel sheet to Russia's Central federal district around Moscow have increased their offer prices on seasonally improved demand and a burgeoning export market, sources told Fastmarkets on Monday February 18.Fastmarkets' weekly price assessment for Russia-origin 4mm HR sheet was 42,000-43,000 roubles ($634-649) per tonne cpt Moscow on Monday, includi...Read More

The Tuesday Market Minute Global stocks mixed as investors eye this week's round of U.S. China trade talks as the March 2 deadline looms.President Donald Trump says talks have made "a lot of progress", but analysts note key issues such as intellectual property protection and forced technology transfers remain sticking points.European stocks drift lower amid a modestly stronger euro and concerns...Read More