Gold prices fell sharply, a worrisome development for some analysts who are concerned that investors are being forced to sell many assets to raise cash.Read full newsRead More
Italian long steel producer Feralpi Group has announced the closure of one of its mills, starting from March 16, due to the outbreak of 2019-nCoV coronavirus, the company told Fastmarkets on Friday March 13.On March 11, Italian authorities issued another decree intended to help restrict the spread of the coronavirus infection, tightening the lockdown across the country from the conditions set out...Read More
Two more steel producers in Italy have stopped operations following the recent nationwide extension of the country's coronavirus-related quarantine area, and more stoppages were expected, sources told Fastmarkets on Thursday March 12.On March 11, Italian Prime Minister Giuseppe Conte signed a decree tightening the Italian lockdown from the conditions set out in a previous decree on March 9. While...Read More
Brazilian miner Vale has said it may have to implement contingency measures or eventually suspend operations due to the global spread of the novel coronavirus (2019-nCoV) pandemic around the world.The miner made it clear, however, that "as of today, we have not suffered any material impact to our operations, logistics, sales or financial position, nor [have] any of our employees tested p...Read More
If global financial markets had been operating under a pervading sense of uncertainty due to the impact of the novel coronavirus (2019-nCoV), they now appear to be veering on panic.Oil prices have suffered their biggest one-day collapse since the 1991 Gulf War following Saudi Arabia's declaration of a price war on Russia through a shock move to hike oil production. S&P Dow Jones Indices was forced...Read More
The novel coronavirus (2019-nCoV) is set to accelerate what the trade wars started: the diversification of global supply chains. Both events have demonstrated just how interconnected the global economy is and have provided a wake-up call to businesses worldwide that it might be time to reduce their reliance on China as the workshop of the world. Of course, that's easier said than done. China is th...Read More
Trade disputes and geopolitical uncertainties had already made the prospects for global economic growth uncertain. A coronavirus has now added to the challenges facing financial markets.The epicenter of the virus is Wuhan, an important commercial hub in China that is home to 11.9 million people, including the country's largest student population. It is also a manufacturing hub, with around 500 fac...Read More
Copper has attempted to rebound since early September following a marked sell-off in the summer months where macro and fundamental forces have been prevalent.On the macro front, copper has benefited from a slight easing in US-China trade tensions and more monetary policy easing across the globe - including China, where copper consumption is the most exposed - that has shored up investor sentiment....Read More
The increasing consumption of scrap and a potential shift toward the electric-arc furnace (EAF) steelmaking route from the basic oxygen furnace (BOF) route in China are medium- to long-term threats to demand for steelmaking raw materials, while in the near team coking coal import volumes will continue to be affected by iron ore procurement strategies.This was the basis of Fastmarkets research team...Read More
Welcome to Kevin Zadai's Official YouTube Channel Kevin Zadai is known as the man who went to heaven and back, so he knows that heaven is for real.In 1992 during a routine surgery, I met with Jesus on the other side. The time I spent in the presence of Jesus profoundly changed me to my core. I believe Jesus promised me that my story, including all the things I learned during our conversation, has...Read More
D'ou viennent les coutumes de l'anniversaire? Un chr?(C)tien peut-il f??ter son anniversaire?Nouvelles r??gles concernant vos commentaires sur les vid?(C)os de Allan Rich ? partir de mars 2020: https://youtu.be/rU3Ah0Yw4CkSoyez s?>>r d'??tre sauv?(C) MAINTENANT: https://www.youtube.com/playlist?list... T?(C)moignage de Allan Rich https://www.youtube.com/playlist?list...4000 vid?(C)os exclusives 2...Read More
Sabi ni leni nasa disaster mindset dapat tayo, sabi ni pangulo do not panic.Read More
As markets have been growing with volatility the last couple of weeks, many investors are wondering what they can do to protect their capital. Gold is always known as a safe-haven asset, but a number of gold miners have been sold off as well. Not to mention, the price of the precious metal has been flat to down in the past three weeks of intense volatility.Gold being down as markets are crashing a...Read More
Exploration in Kitsault, northern British Columbia. (Reference image from the British Columbia Geological Survey annual program review 2019-2020). Following two years of continued growth, exploration activities in British Columbia remained steady through 2019, with expenditures down less than a percentage point from 2018.This, according to the British Columbia Mineral and Coal Exploration Survey...Read More
Electric vehicle. (Reference image in the public domain from Pxfuel). Researchers from Korea's Ulsan National Institute of Science and Technology and the University of Pennsylvania in the US produced a new catalyst that could boost the performance of metal-air batteries, known as MABs. These batteries use oxygen from ambient air to store and convert energy. In general, they have large storage cap...Read More
The Santa Cruz operation is located in Zacatecas' Vetagrande municipality, pictured here. (Image by Ereenegee, Wikimedia Commons). Impulsora Minera Santa Cruz, a mining company that operates its namesake silver-lead-zinc mine in Mexico's Zacatecas state, decided to shut down operations for six months due to an environmental investigation that is being carried out by the Federal Attorney for Envir...Read More
Reference image of IAMGOLD's booth at the PDAC conference in Toronto. (Image courtesy of IAMGOLD). Canada's IAMGOLD Corp. (TSX IMG) (NYSE: IAG) is closing its Toronto office for one week after one of its employees tested positive for Covid-19.In a media statement, the miner said that the employee was last in the Toronto office on March 6, 2020, and is now in self-quarantine at home and in stable...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended March-13, 2020$USA $EDV.to $EQX.to $FSM $FNV $WPM $KGC $MAX.to $OSK.to $PVG $NVO.V America's Gold and Silver Corp: Reported FY 2019 production of 5.8m AgEq oz, though only 1.2m oz. of that was actual silver ounces, the rest being base metals converted to silver equivalent. 2019 was a transition year for the company as it rec...Read More
RAPAPORT... The Antwerp World Diamond Centre (AWDC) will introduce a certification project for Guinea's artisanal miners that will identify their rough diamonds as conflict-free.The AWDC has based the program on the Maendeleo Diamond Standards (MDS) that Canadian trade organization Diamond Development Initiative (DDI) implemented among Sierra Leone's small-scale miners in April. AWDC worked w...Read More
RAPAPORT... Alrosa is allowing clients to defer up to 60% of their rough-diamond allocations at this month's contract sale, claiming the concession will help buyers handle the current market difficulties."Amid such market uncertainty, it wouldn't be right to keep our customers tied to their original contracts," Evgeny Agureev, the Russian miner's deputy CEO, said in a statement Thursday. "We...Read More