Technical analyst Clive Maund charts his expectations for how silver prices will respond to movement in the stock market.Much of what is written in the parallel Gold Market update is equally applicable to silver and it will not be repeated here. Although silver has picked up significantly since its March low it has greatly underperformed gold over the past two years. But this is normal during the...Read More
Gold has broken out from a two-month-long consolidation (from $1680 to $1770), but the other precious metals markets have not confirmed Gold’s strength.The gold stocks (GDX, GDXJ) remain below their May highs while Silver remains below significant, multi-year resistance around $18.75. Silver closed Monday at $18.06.Furthermore, Gold, when priced against foreign currencies, has not broken out...Read More
Executive Fireside ChatRandy Smallwood, President and CEO, Wheaton Precious Metals CorporationMODERATOR: Carl A. Williams, Senior Reporter, The Northern MinerRead More
By: Ira Epstein Gold price fell on Wednesday and markets will be jump with holidays starting. What to look out for price action wise:Read More
Technical trend after the release of US June nonfarm payrolls is the key. Tomorrow's US Holiday will not have any impact on trading volumes etc. No one is sleeping in the pandemic. Fomc minutes continued to accommodative monetary stance and uncertain economic outlook. Bond yields were also looked into. Impact on gold, silver and US dollar Index by FOMC Minutes: Jobs creation will be the key to...Read More
By: Ira Epstein Gold price fell on Wednesday and markets will be jump with holidays starting. What to look out for price action wise:Read More
Technical trend after the release of US June nonfarm payrolls is the key. Tomorrow's US Holiday will not have any impact on trading volumes etc. No one is sleeping in the pandemic. Fomc minutes continued to accommodative monetary stance and uncertain economic outlook. Bond yields were also looked into. Impact on gold, silver and US dollar Index by FOMC Minutes: Jobs creation will be the key to...Read More
While hydrogen initiatives have been grabbing headlines, renewable natural gas (RNG) also deserves attention as an emerging tool for decarbonization.Read full newsRead More
U.S. prosecutors filed a lawsuit to seize the gasoline aboard four tankers that Iran is trying to ship to Venezuela, the latest attempt by the Trump administration to increase economic pressure on the two U.S. foes.The government of Venezuela's socialist President Nicolas Maduro has flaunted theRead full newsRead More
Months into one of the worst oil price crashes in history, lenders have tightened the screws on shale producers by wiping away 20% of the credit that has helped fuel the industry's boom.Read full newsRead More
The effects of gold mining on forest health are long lasting. According to new research, gold mining stunts the regrowth of Amazon forests, limiting their ability to store carbon.Read full newsRead More
* Miners buried under wave of mud and water * Survivor heard people yelling 'run, run!' * Global Witness laments 'preventable tragedy'(Updates death toll, adds detail, context)July 2 (Reuters) - A landslide at a jade mine in northernMyanmar killed at least 126 people, with more feared dead,authorities said on Thursday, after a heap of mining wastecollapsed into a lake and buried many workers under...Read More
Here are five Fastmarkets stories you might have missed on Wednesday July 1 that are worth another look.Brazilian iron ore pellet producer Samarco is on schedule to resume operations by the end of 2020 despite health and safety measures taken to prevent Covid-19 from spreading among workers, the company told Fastmarkets on July 1.Industry associations up and down the steel and metals supply chain...Read More
Tariffs on low-carbon aluminium imports into the European Union should be eliminated to help power the region's Covid-19 recovery package and climate transition strategy, according to the chairman of En+ Group. Warning against the widespread use of high-carbon metals, Lord Gregory Barker said the removal of tariffs would be an urgent measure that can help European manufacturers grow a global marke...Read More
Tin premiums in the United States and Europe were subject to pressure in the two weeks to Wednesday July 1, with a wide backwardation in the metal's forward curve on the London Metal Exchange limiting business while a narrowing arbitrage window to import tin into China supported current levels. Covid-19 resurgence hinders US marketRenewed spot interest fails to stop falling Rotterdam premiumStrong...Read More
Here are five Fastmarkets stories you might have missed on Wednesday July 1 that are worth another look.Brazilian iron ore pellet producer Samarco is on schedule to resume operations by the end of 2020 despite health and safety measures taken to prevent Covid-19 from spreading among workers, the company told Fastmarkets on July 1.Industry associations up and down the steel and metals supply chain...Read More
Here are five Fastmarkets stories you might have missed on Wednesday July 1 that are worth another look.Brazilian iron ore pellet producer Samarco is on schedule to resume operations by the end of 2020 despite health and safety measures taken to prevent Covid-19 from spreading among workers, the company told Fastmarkets on July 1.Industry associations up and down the steel and metals supply chain...Read More
Zinc concentrate treatment charges rose from an 18-month low in June 2020, with market shorts facing less of a rush to cover positions on the spot market.Fastmarkets' price assessment for zinc spot concentrate TC, cif China, was $160-180 per tonne on Friday June 26, up from $155-170 per tonne at the end of May.Spot supply of concentrates remained limited to just a few mines, predominantly in Austr...Read More