World manganese ore supply rose 5.4% year on year in September to 1.87 million tonnes of manganese units, according to the International Manganese Institute (IMnI). Over the first nine months of the year, world supply rose 8% year on year due to higher production in Africa and the Americas, which offset production cuts in the Asia and Oceania region and in Europe, according to the IMnI's latest re...Read More
Fastmarkets is proposing to reduce the frequency of publication of its European germanium metal and tellurium assessments and Chinese germanium dioxide assessment. Fastmarkets selects the frequency of publication of its price assessments after considering the number of data points (deals, bids, offers, deals heard and assessments) that it can reasonably expect to collect on a consistent basis in t...Read More
Finnish stainless steelmaker Outokumpu has reported a "challenging quarter" and a drop in earnings for the period July-September 2019, due to a weak market and a sharp increase in the price of nickel, the company said in its quarterly results statement.Earnings before interest, taxes, depreciation and amortization (Ebitda) were ?,?45 million ($50 million) in the third quarter of the year, down fro...Read More
Bob Moriarty ArchivesNov 6, 2019I know of no sector in the resource space as hard to get a handle on as that of the Rare Earths or REOs, AKA REEs. In the last twenty years I have only come across one investor who actually understood which companies had red meat and which were pushing tofu. Since 321gold is a tofu free zone, I’ve been hesitant to even start writing about the sector.Months ago...Read More
Keras' manganese project at Nayega in the west African country will start out shipping ore to smelter end users, but the company intends to produce manganese sulphate for the fertiliser and batteryRead More
It happens every year without fail.That moment when you wake up shivering one morning and it hits you that summer is gone and the cool days of autumn are quickly turning bitter cold.You get up, and for the first time in a long while, you click the switch on your thermostat and put the heat on.Most people trudge back under the covers without much thought.Yet for some reason, the first time I click...Read More
Dave KranzlerThe major stock indices - the Dow, SPX and Nasdaq - have wafted up to all-time highs on a cloud of Central Bank printed money. Interestingly, most of the stocks in all three indices are below to well below their all-time highs. Breadth of the move is shockingly thin. Very few stocks are responsible for pushing the indices higher. The Dow's move last Friday, for instance, was...Read More
- Craig Hemke Last week, we wrote about the pending price correction in COMEX gold and silver due to the extreme level of futures contracts issued by the market-making Banks. With price getting smashed thus far this week, it's time to explain again the dynamics of this tried-and-tested price manipulation technique.First of all, understand that the alchemy of " gold price exposure" was created...Read More
Stewart Thomson, Graceland Updates 1. Gold continues to consolidate with sideways price action after reaching the $1500-$1550 resistance zone.2. Please click here now. Double-click to enlarge. Investor patience is required when the price arrives at a major support or resistance zone like $1500-$1550.3. The good news is that for the current gold market reaction,...Read More
By: Ira EpsteinGold in somewhat of the sideways pattern, but the swingline has turned down now -- does the market have legs to it to the downside?Read More
Alasdair Macleod, with a background as a stockbroker, banker and economist, discusses the magnitude of a collapse of the dollar system and why it appears inevitable.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
"I think their thinking is, hey, we are at the end and let's just grab all we can so when the system collapses, we will be okay. That is kind of a crude way of putting it, but I think they are going for broke because they know it is broke, and there is not much they can do about it." G. Edward Griffin is an American film producer, author, and political lecturer. He is best known as the author of T...Read More
The Fed would like you to believe that there's nothing to see here. Just a seasonal blip and there's no reason to be concerned. Dave believes there's something far more profound taking place. Could all the credit bubbles be getting ready to pop? Is there major bank asset deterioration taking place? It's not just the debt, it's all the derivatives that are wrapped up around the debt. If the underly...Read More
The swine flu epidemic in China has reached a new phase. Chinese are now switching from pork to chicken. Currently there's a Chinese Embargo on the importation of US chicken products, which will probably be lifted shortly. Egg demand is also increasing dramatically. Which leads to the question, which will they run out of first, the chickens or the eggs? Ned recommends a number of companies that wi...Read More
The short-term outlook for the Canadian company is provided in a CIBC report. In an Oct. 25 research note, CIBC analyst Oscar Cabrera wrote that Lundin Mining Corp. (LUN:TSX) "continues to offer investors an attractive combination of a strong balance sheet, operating execution and financed brownfield growth."This view comes after the metals producer posted "strong operating performance" in Q3/19,...Read More
The company also connected two mineralized zones there. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) linked its Discovery 2 and 3 zones through drilling at its Black Pine project in Idaho, it announced in a news release. Together, the two linked zones, now referred to as the Discovery 2 zone, have a 400 meter (400m) width and a 300m strike length. Discovery 2 remains open in all directions. Also, re...Read More
The change is now in effect. Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCQX) began trading today on the OTCQX under the symbol GATGF, having upgraded from the OTCQB, it announced in a news release.Now, updated financial information about and real-time quotes on Gatling are available on the OTC Markets website. "Gatling Exploration Inc. utilized our OTCQB Venture Market to build their valuation...Read More
The second biggest gold mine in Europecould be about to make investors rich.It’s a story that began over 2,000 years ago whenthe Romans dug up $16.8 billion in gold in Romania... Using only hammers andbuckets.But now, a little company with a big dreamis coming to unearth the rest. Using modern technology, they’re hoping to capitalize on anestimated $13.3 billion find.Smart investors ar...Read More
Dave KranzlerThe major stock indices - the Dow, SPX and Nasdaq - have wafted up to all-time highs on a cloud of Central Bank printed money. Interestingly, most of the stocks in all three indices are below to well below their all-time highs. Breadth of the move is shockingly thin. Very few stocks are responsible for pushing the indices higher. The Dow's move last Friday, for instance, was...Read More