The low-grade seaborne manganese ore price in China rocketed by 32.1% week on week on Friday April 24 after some buyers accepted the first offer made since South Africa went into lockdown on March 26. Fastmarkets' manganese ore index 37% Mn, cif Tianjin soared by $1.65 to $6.79 per per dry metric tonne unit (dmtu) on Friday, hitting a new high since November 23, 2018, when the index was $6.84...Read More
Arconic has resumed operations at its Massena, New York facility in the United States since Monday April 20 and expects to ramp back up operations at its Tennessee facility this week, the company said. It had previously temporarily idled the Tennessee facilities from Monday April 6 and its New York operations from Tuesday April 7 due to weaker automotive demand for aluminium products stemming from...Read More
Taiwan was the sole active buyer of ferrous scrap in the week ended Friday April 24 amid limited demand from other key markets.Turkey still out of spot marketUS recyclers pay more amid domestic shortageVietnamese buyers keep focus on Japanese scrapTaiwanese buyers pursuing containerized cargoesIndia lockdown still affecting market TurkeySteel mills in Turkey did not make any bookings for deep-sea...Read More
Hey guys and gals,Sign up for the best guides on the market https://www.patreon.com/golfclashtommyBECOME A MEMBER: https://www.youtube.com/channel/UCUKg...-CHECK OUT OUR NEW WEBSITE-https://www.golfclashtommy.comJoin our Discord!https://discord.gg/VMU5EFCThis is the playthrough for Rookie division with tournament wind for the Coast to Coast Tournament.Let me know if you do have any questionsBusine...Read More
Hey guys and gals,Sign up for the best guides on the market https://www.patreon.com/golfclashtommyBECOME A MEMBER: https://www.youtube.com/channel/UCUKg...-CHECK OUT OUR NEW WEBSITE-https://www.golfclashtommy.comJoin our Discord!https://discord.gg/VMU5EFCThis is the playthrough for Expert division with tournament wind for the Coast to Coast Tournament.Let me know if you do have any questionsBusine...Read More
Wheaton Precious Metals (TSX:WPM)(NYSE:WPM) is an intriguing safe investment that is often bypassed by many investors. At first glance, Wheaton may appear to be like any other traditional precious metal miner, but the company is a streamer.What’s a streamer? Why does it matter?Streamers differ from traditional miners in that they don’t actually own or operate any mines. Streamers provi...Read More
Tuesdays are often a weak day for gold. Where there is weakness there is opportunity, but is that opportunity here today?Please click here now. Double-click to enlarge. Gold is in a trading range between $1670 and $1785, and I believe the odds of an upside breakout are about 67%.That breakout would target the $1900 area.There's also a bear wedge (defined by the thin red trendlines on the ch...Read More
In a surprise move for gold miners, Bank of America recently announced it had lifted its 18-month gold price to US$3,000 an ounce. Given that the yellow metal started the year at just over US$1,519 and is selling for US$1,708 an ounce, this is a surprising statement.Whether gold will climb to that high, which is more than US$1,000 greater than its all-time record price, is yet to be seen. It will...Read More
Late last week, the Bank of America made a bold call: $3,000 gold. At this price, gold would have to fly through the all-time high of $1,921/oz set back in September of 2011. According to the analysts, investors will look to gold “…as economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies could come under pressure.”...Read More
Tuesdays are often a weak day for gold. Where there is weakness there is opportunity, but is that opportunity here today?Please click here now. Double-click to enlarge. Gold is in a trading range between $1670 and $1785, and I believe the odds of an upside breakout are about 67%.That breakout would target the $1900 area.There's also a bear wedge (defined by the thin red trendlines on the ch...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comApril 28, 2020 Tuesdays are often a weak day for gold.Where there is weakness there is opportunity, but is that opportunity here today? Pleaseclick here now.Double-click to enlarge. Gold is in a trading range between $1670 and $1785, and I believe the odds of an upside breakout are about...Read More
MAG said it would offer about 4.5 million shares to Sprott's 2176423 Ontario Ltd priced at $13.25. "We understand this is Mr.Read More
Share this articleTORONTO - The prime minister of Papua New Guinea is threatening to take over a gold mine operated by Barrick Gold Corp. after operations were suspended there last weekend in the midst of a dispute over renewal of its mining lease.In a social media post, Prime Minister James Marape warns Barrick "don't fight me" as he urges the company to maintain the Pogera mining operation...Read More
The word "quarantine" comes from the Italian words quaranta giorni which mean "40 days." In the 14th century, in an effort to protect citizens from the Black Death, the Doge of Venice required suspect ships to sit at anchor for 40 days before landing.There is no record of whether the term of 40 days was due to the disease burning out or if it was the length of time people would sit before rebellin...Read More
Gary Savage SPX rally heading for 3,000 area, a pullback and then a run for 3,200 area..Gary Savage https://blog.smartmoneytrackerpremium.com/Read More
Ira EpsteinSettlement times come in at 1:30pm EST. Down day in energy, Oil ETF changes rules again, liquidating all front month-June contracts! Gold markets in a consolidation phase, Gold has a bear pattern but..Read More
Bob Moriarty of 321gold provides an update on how Getchell Gold is likely to handle its warrants. I wrote about an interesting young company back in February before all the Corona Virus issue. Someone was talking to me recently and the issue of warrants in the company came up. You should read what I had to say about Getchell Gold Corp. (GTCH:CSE) three months ago.The interesting quandary is over...Read More
Ron Struthers of Struthers' Resource Stock Report details the value proposition of Bam Bam Resources and its flagship prospect. With gold, we have witnessed the first test of gold's support level, around $1,700/ounce, which I highlighted earlier in April. My next upside target remains the same around $1,900.What is quite significant is the HUI Gold Bugs Index testing the 2016 high. I am sure it w...Read More
Seabridge Gold compares the new and previous values for its flagship project in British Columbia. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release that its newly updated preliminary economic assessment (PEA) on its KSM project in British Columbia shows improved economics and decreased economic impact."The new technical report gives investors a compelling view of the project'...Read More
Maurice Jackson of Proven and Probable speaks with Andy Schectman, president of Miles Franklin Precious Metals Investments, about the present situation with physical precious metals.Maurice Jackson: Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. Andy...Read More