Base metals prices on the London Metal Exchange are for the most part stronger this morning, Monday April 9. Zinc is the exception with a 0.6% decline, while the rest are up between 2.8% for aluminium ($2,113 per tonne) and 0.2% for tin. Copper prices are up by 1.1% at $6,831 per tonne.Volume has been extremely high at 24,925 lots - the bulk of that has been seen in aluminium (11,180 lots) where t...Read More

Italian flat steel distributor ArcelorMittal CLN Distribuzione Italia (AM CLN) and special steel producer Industeel last week acquired majority ownership of European stainless and alloy steel distributor Centro Servizi Metalli (CSM), AM CLN said on Monday April 9.AM CLN acquired a 42.39% share of CSM, which has three processing and distribution sites in Italy, France and Poland, as well as sales o...Read More

China Nonferrous Mining Corp's (CNMC) Lualaba copper smelter will launch in 2020 and produce 120,000 tonnes of blister copper annually in the Democratic Republic of Congo (DRC), the company said on Monday.Construction of the $440 million smelter officially began on March 28 in the suburb of Lualaba province, according to the statement. The facility is expected to commence in two years and process...Read More

The challenge facing the world's major copper miners is how to tread the fine line between keeping capital expenditure in check while bringing new capacity online to take advantage of future higher prices. With memories of the 2008-09 global financial crisis fresh in the minds of company executives and management boards, the focus over the past several years has been on cutting costs, selling non-...Read More

Despite an increased appetite in copper assets, the rate of new discoveries continues to be low, especially in top world's producer Chile, where the bulk of exploration is in the hands of major miners, the head of the Chilean Mining Society (Sonami) said Monday.Speaking on the sidelines of the 17th World's Copper Conference being held this week in Santiago, Chile, Diego Hern??ndez, President of So...Read More

Apr 10, 2018 Guest(s): Kevin O'Leary Investors are better off holding physical gold rather than mining stocks, according to Shark Tank star and chairman of O'Shares ETFs, Kevin O'Leary. O'Leary said gold miners have had a track record of bad management and poor cost control that have led to underperformance relative to physical gold. The Shark Tank investor himself maintains 5% of his portfolio...Read More

Part 1 (part 2 below)Part 2?>>?Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges fo...Read More

Posted: Apr 9, 2018JK: Discovery Watch Apr 9, 2018 with Jim Goddard and John KaiserPublished: Apr 9, 2018HSC: Discovery Watch Apr 9, 2018: Who Dares Use Own Money for Drilling?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projec...Read More

This bill would require any person who operates a social media, as defined, Internet Web site with a physical presence in California to develop a strategic plan to verify news Continue...Read More

Washington and the US media seem to have no doubts about the Syrian government's complicity in the Douma incident despite the fact that those who want America to stay in Syria have far more solid motives, Ron Paul told RT.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers...Read More

Readers know that I have beaten this drum alltoo often. Gold’s major fundamental driver is declining or negative real rates.There is a strong inverse correlation because Gold is money. That’s what JPMorgan said and he’s far more qualified to understand than quotable celebritieslike Mark Cuban. But I digress. When real rates are increasing or stronglypositive (during most of the 1...Read More

SLV along with the PM stocks have been under performing gold in a pretty significant way. Normally you would like to see the PM stocks outperforming gold on the front end of a bull market similar to what we saw back in the beginning of the 2000 bull market in the PM complex. So far that hasn’t been the case.Below is a weekly chart for SLV we’ve been following for a long time now as it...Read More

We were recently asked if theprice of gold is likely to rally because of the increased volatility in stocks. This seems believable at thefirst sight, as gold is seen as a safe-haven asset and thus people could bebuying itwhen the stock market’s movement becomes chaotic, scary and/or unpredictable. So,the stock market’s volatile decline in the recent days is likely to become thecatalyst...Read More

Precious metals expert Michael Ballanger discusses Donald Trump's trade war with China and the implications for the gold market. When I played pro hockey in Richmond, Virgina, it was during the era of "Slapshot!" and the Broad Street Bullies when gooning (fighting) was fashionable and an integral part of the sport. Stocking your team with two-or three enforcers meant that the finesse players could...Read More

Google a few headlines for "zuckerberg 2014." Then google a few headlines for "zuckerberg congress." Contrast the results. Then look up Zuck's political donations. That is all. Read More

The U.S.-China trade dispute will not escalate into a trade war this year, according to ABN Amro, saying that gold will suffer as a result.Continue...Read More

JOHANNESBURG (miningweekly.com) – Aim-listed BlueRock Diamonds’ Kareevlei mine, in the Kimberley region of South Africa’s Northern Cape province, processed 38 781 t of ore in the quarter ended March 31, compared with the 9 310 t processed in the first quarter of 2017.This production represents 14.1% of the company’s production target for this year.AdvertisementGrade increas...Read More

There's no greater villain in the world today than Vladimir Putin. He stands accused in the media and global public opinion of rigging his recent reelection, imprisoning his political enemies, murdering Russian spies turned double-agent, meddling in Western elections, seizing Crimea, destabilizing Ukraine, supporting a murderous dictator in Syria and exporting arms to terrorist nations like Iran.T...Read More

"A foolish consistency is the hobgoblin of little minds," claimed Emerson.If true, President Trump's un-hobgoblinned mind is vast enough to overspill the Grand Canyon."TO OUR VERY FOOLISH LEADER," citizen Trump counseled president No. 44 in 2013, "DO NOT ATTACK SYRIA - IF YOU DO MANY VERY BAD THINGS WILL HAPPEN & FROM THAT FIGHT THE U.S. GETS NOTHING!"The president would first require congress...Read More

Chinese President Xi Jinping said on Tuesday he plans to open the country's economy further and decrease import tariffs on products including cars,Continue...Read More