$13,717.34...That's how much money Elon Musk makes in five minutes.To put it in a deeper perspective, he's made $2,743.46 in the minute you took to read this.Must be nice, right?It would take the average worker about 17 weeks to earn as much, based on a new study by Gigacalculator. That assumes an average salary of $48,000.Those numbers will take another jump now that Tesla has been crowned into t...Read More
It was only afterhe entered politics that President Donald Trump began to fully grasp the bias, dishonesty,and fakeness that runs throughout the so-called mainstream media.Butgold bugs and sound money advocates have long known to distrust the reportingof establishment news sources.Journalists’anti-gold and anti-Trump biases c...Read More
It was only afterhe entered politics that President Donald Trump began to fully grasp the bias, dishonesty,and fakeness that runs throughout the so-called mainstream media.Butgold bugs and sound money advocates have long known to distrust the reportingof establishment news sources.Journalists’anti-gold and anti-Trump biases c...Read More
It was only afterhe entered politics that President Donald Trump began to fully grasp the bias, dishonesty,and fakeness that runs throughout the so-called mainstream media.Butgold bugs and sound money advocates have long known to distrust the reportingof establishment news sources.Journalists’anti-gold and anti-Trump biases c...Read More
It was only afterhe entered politics that President Donald Trump began to fully grasp the bias, dishonesty,and fakeness that runs throughout the so-called mainstream media.Butgold bugs and sound money advocates have long known to distrust the reportingof establishment news sources.Journalists’anti-gold and anti-Trump biases c...Read More
LONDON, 19 November 2020 - Analysis from BullionVault is published today exclusively at fund management magazine Investment Week."Diwali accounts for about one fifth of annual gold purchases in India," writes director of research Adrian Ash, "more than at any other time of the year.But high prices and the Covid Crisis have conspired to crush festive demand in 2020, says Adrian.Read his full analys...Read More
BMW on Wednesday said it will retool its German factories to build electric cars and components and shift manufacturing of combustion engines to plants in Austria and England as part of a broader shift toward low-emission cars.Read full newsRead More
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") today announces it plans to issue its fiscal third quarter 2020 earnings press release on Monday, November 30, 2020, after U.S. markets close, commensurate with the filing of its unaudited financial results.The Company will also host a conference call and webcast on Monday, November 30, 2020 at 5:00 p.m. ET to r...Read More
This year's dawning winter rally has great upside potential after the gold and gold stock corrections run their courses.Read full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
Here are five Fastmarkets stories you might have missed on Tuesday November 17 that are worth another look.Flat steel import prices in the United Arab Emirates (UAE) have increased over the past week because of a shortage of hot-rolled coil and globally strong demand, sources said on November 17.Alvance, the...Read More
A summary of base metals premiums from across the globe for the week to Tuesday November 17. Please click...Read More
Aluminium's three-month price on the London Metal Exchange was among the best performers at the end of trading on Tuesday November 17, with prices stabilizing after a bullish trading session on Monday. The three-month price for the light metal rose by 1.36% from Monday's closing price, to reach $1,977.50 per tonne on Tuesday. A price above $1,970 per tonne for aluminium has not been...Read More
A summary of base metals premiums from across the globe for the week to Tuesday November 17. Please click...Read More
An overview of the chrome ore and alloy markets and their latest price moves. China UG2 buyers attempted to push down prices amid additional volumes of off-spec material being available on the market. Some buyers made lower bids, citing rising port inventory and their bearish outlook for the alloy sector, while some decided to buy...Read More
Fastmarkets proposes to amend the specifications of its manganese ore 44% Mn index.For its manganese ore 44% Mn, cif Tianjin, $/dmtu index, Fastmarkets proposes to change the silica content to a base of 10% and a max 15%, from a base of 11% and max of 12%, in its specifications in response to product changes in the market.The current specifications are:MB-MNO-0001 Manganese ore 44% Mn, cif Tianjin...Read More
Turkish steel mills did not book any additional cargoes on the second day of the week following a recent rise in prices, sources told Fastmarkets on Tuesday November 17.The mills steered clear of deep sea scrap cargo purchases again on Tuesday, with some backing away from the market on concerns that prices had become too high after the recent jump."Some people are cautious because prices have...Read More
Alvance, the aluminium division of GFG Alliance, is proposing to invest in a new recycling and casting facility that will almost double output at its Fort William, Scotland, plant and continue its growth as a low-carbon production hub. The proposed ?94 million ($124.1 million) investment replaces a previously-approved alloy wheels factory due to a significant decline in the UK automotive sector....Read More
Markets were generally buoyant this morning, Tuesday November 17, following news that a second coronavirus vaccine is showing good results, which is underpinning many equity indices at or near record highs, although the base metals on the London Metal Exchange were consolidating. Asian Pacific equities were mainly higher, following gains on major western equity indices on Monday......but major wes...Read More
South Korean imports of lithium carbonate compounds more than doubled in September 2020, with increased demand from restocking by cathode and battery manufacturers ahead of an expected surge in prices, sources have told Fastmarkets.According to data released by the South Korean customs office, imports of lithium carbonate salts into the country totaled just over 4,039 tonnes in September, up by mo...Read More