China has stepped up trade restrictions against Australia, with at least one clearinghouse suspending imports of a range of agricultural and mineral products, Hong Kong's daily English-language newspaper, the South China Morning Post, reported on Nov. 3.That same day, Bloomberg News also reported that the Chinese government had ordered commodity traders to stop purchasing products, including coal,...Read More
With its Cigar Lake uranium mine in northern Saskatchewan on care and maintenance for the majority of the second and third quarters, Cameco (TSX: CCO; NYSE: CCJ) reported a quarterly net loss of $61 million ($78 million adjusted) for the third quarter, following a net loss of $53 million in the previous quarter.Cigar Lake restarted in September, after a six-month suspension in response to the Covi...Read More
Australia's Human Rights Law Centre has issued a statement saying that the residents of Bougainville in Papua New Guinea have welcomed this week's decision by the Australian government to accept a human rights complaint against mining giant Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) for investigation and conciliation.The complaint, which was filed by the HRLC on behalf of 156 Bougainville residents...Read More
Global zinc production is poised to rise over the coming years as elevated prices encourage miners to restart idled capacity and begin production at new mines.Using data provided by Miningintelligence, MINING.COM takes a look at the 10 biggest zinc producers in world in terms of their 2019 output.The Red Dog mine in Alaska, operated by Canada's Teck Resources, kept its "top dog" status with zinc p...Read More
The government of Angola says it has identified key steps that it needs to take before launching its own diamond exchange in Luanda, which is slated to open by the end of 2021.Mining and oil minister Diamantino Azevedo announced on Nov. 2 that its office is working to set up a gemological academy and a technological research centre within the same free-trade zone as the Angolan Diamond Bourse (ADB...Read More
Nov 05, 2020 Guest(s): E.B. Tucker Director, Metalla Royalty & Streaming All eyes are on the U.S. election results, where ods are now stacked in Joe Biden's favor, here's everything you need to know as an investor to prepare for four years of a Democrat in the White House. E.B. Tucker, director of Metalla Royalty and "Why Gold? Why Now? The War Against Your Wealth and How to Win It" said that go...Read More
K+S still expects prices to continue to rise in the short and medium-term.It has guided for third-quarter EBITDA of €480 million.Scotiabank says the writedown is in line with its recent projections about increased commoditisation of potash leading to lower mid-cycle prices and valuation multiples."While an impairment charge of this magnitude is obviously not positive, it's also far from new a...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootThe company's cash position increased to $449 million from $391.1 million a year ago. However, its long-term debt increase...Read More
Nov 05, 2020 Guest(s): Kai Hoffmann - CEO, Soar Financial The short to medium-term outlook for gold depends on whether or not Joe Biden can maintain his lead into the White House, or if Donald Trump can beat current odds and win, said Kai Hoffman, founder and managing director of SOAR Financial Partners. "If Trump wins we might see a small selloff [in gold] again, just because of risk off, and...Read More
The election is going to dominate the news cycle for quite some time. We'll be hearing about the chaos surrounding it and the analysis that will come after it's all decided for the rest of the year. It makes sense. It's the biggest story in a year full of big stories. It's a historic event playing out in real-time. But as you follow ongoing developments, other important stories are going to fall...Read More
In Monday’sanalysis , I wrote that the market situation is likely to becomemore specific right before, during, and perhaps shortly after the U.S. presidentialelections . And by “specific”, I mean that the markets could beginmoving against their previous trends.Well, that’s precisely what we’vewitnessed so far. The overnight volatility is significant as the markets try...Read More
Peter Krauth explains why he believes gold will be the biggest winner in the election.There's no shortage of prognostications or conjecture about the U.S. election.Of course, everyone has an opinion.Some like red, some like blue, some like neither.Last week's volatility in stocks, bonds, currencies and commodities is a clear signal that markets are uneasy. They hate uncertainty.If the election's o...Read More
In Monday’sanalysis , I wrote that the market situation is likely to becomemore specific right before, during, and perhaps shortly after the U.S. presidentialelections . And by “specific”, I mean that the markets could beginmoving against their previous trends.Well, that’s precisely what we’vewitnessed so far. The overnight volatility is significant as the markets try...Read More
Peter Krauth explains why he believes gold will be the biggest winner in the election.There's no shortage of prognostications or conjecture about the U.S. election.Of course, everyone has an opinion.Some like red, some like blue, some like neither.Last week's volatility in stocks, bonds, currencies and commodities is a clear signal that markets are uneasy. They hate uncertainty.If the election's o...Read More
In Monday’sanalysis , I wrote that the market situation is likely to becomemore specific right before, during, and perhaps shortly after the U.S. presidentialelections . And by “specific”, I mean that the markets could beginmoving against their previous trends.Well, that’s precisely what we’vewitnessed so far. The overnight volatility is significant as the markets try...Read More
Peter Krauth explains why he believes gold will be the biggest winner in the election.There's no shortage of prognostications or conjecture about the U.S. election.Of course, everyone has an opinion.Some like red, some like blue, some like neither.Last week's volatility in stocks, bonds, currencies and commodities is a clear signal that markets are uneasy. They hate uncertainty.If the election's o...Read More
In Monday’sanalysis , I wrote that the market situation is likely to becomemore specific right before, during, and perhaps shortly after the U.S. presidentialelections . And by “specific”, I mean that the markets could beginmoving against their previous trends.Well, that’s precisely what we’vewitnessed so far. The overnight volatility is significant as the markets try...Read More
Peter Krauth explains why he believes gold will be the biggest winner in the election.There's no shortage of prognostications or conjecture about the U.S. election.Of course, everyone has an opinion.Some like red, some like blue, some like neither.Last week's volatility in stocks, bonds, currencies and commodities is a clear signal that markets are uneasy. They hate uncertainty.If the election's o...Read More
In Monday’sanalysis , I wrote that the market situation is likely to becomemore specific right before, during, and perhaps shortly after the U.S. presidentialelections . And by “specific”, I mean that the markets could beginmoving against their previous trends.Well, that’s precisely what we’vewitnessed so far. The overnight volatility is significant as the markets try...Read More
Peter Krauth explains why he believes gold will be the biggest winner in the election.There's no shortage of prognostications or conjecture about the U.S. election.Of course, everyone has an opinion.Some like red, some like blue, some like neither.Last week's volatility in stocks, bonds, currencies and commodities is a clear signal that markets are uneasy. They hate uncertainty.If the election's o...Read More