Room to rally again if risk appetite continues to improve Over the weekend, China appears to have reached a compromise position that could boost the probability of a 'phase one' trade deal with the US. China announced that it will raise penalties for intellectual property rights theft, meeting one of the many stringent demands from the US. Barring any further negative developments, risk appetite s...Read More

Aluminium With no sign of aggressive selling pressure, the LME aluminium price was able to produce a higher low on Monday November 25. Also, the metal closed positively though the limited upside momentum continues to indicate prices remain in consolidation mode from the recent low. Still, aluminium carries short-term upside risks, with the daily RSI and stochastic lines in oversold territory...Read More

In this week’s analysis, we discuss the main trends of the global copper market so far this year, based on the latest ICSG statistics. All the percentage changes discuss are on a year-on-year basis, unless stated otherwise. Refined market balance The ICSG estimates that the refined copper market was in an “apparent” deficit of 330,000 tonnes in January-August 2019, compared with a s...Read More

Correction leads to consolidation Lead prices consolidated last week, mainly in the $1,950-2,000 per tonne range, but have drifted closer to $1,900 per tonne so far this week. This comes after undergoing a correction of 13.8% or $313.50 per tonne price from the highs of late-October at $2,265 per tonne. ILZSG reports an 83,000-tonne supply deficit in Jan-Sep The fact that prices are below where th...Read More

Higher demand, weaker supply restored global deficit in September There has been plenty of fresh fundamental nickel data published in the past week, including the INSG’s latest monthly bulletin on Thursday. After reporting last month a mere 100-tonne global supply deficit in August, almost bringing to an end the run of 26 consecutive monthly deficits, the INSG reported a more meaningful 3,200...Read More

In this week’s analysis, we highlight the latest WBMS estimates about supply/demand of the tin market and discuss our own fundamental assessment. Refined market balance The WBMS estimates that the refined tin market was in an “apparent” deficit of 4,100 tonnes in the first nine months of 2019, significantly smaller than the deficit of 9,000 tonnes over the same period of last year....Read More

Chinese smelters maximise output on favourable TCs The latest customs figures showed China’s imports of zinc concentrate totalled 250,046 tonnes in October, up 21% year on year. This helped to raise the year-to-date import volume to 2.506 million tonnes, a 3.7% increase over the first ten months last year. With TCs still strong, we would not be surprised to see concentrate imports continue to...Read More

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Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More

While Wall Street climbs to record highs on optimism for a United States-China trade deal and on merger and acquisition developments, the metals at best tread water, while some head lower. Asian equities are mainly stronger, led by a 0.83% rise in the Australian ASX 200 index.Meanwhile, gold and the yen are trending lower, but US government bond yields are weaker - so a mixed picture for the...Read More

US takes long-term position on mineral supplySPONSOREDverisk maplecroftMacarthur's high-grade iron project set to rollSPONSOREDArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesThe announcement followed co-chairman Robert Friedland telling a mining conference in London yesterday the risk in the DRC was far lower than...Read More

Dear Rich Lifer,With the first few days of fall past us, chances are good you're thinking ahead to the holiday season. Whether you love the joy the season brings, or mostly just dread the looming credit card bills that come after the fact, it's coming up fast.Fortunately, if you like to save big when you're shopping for thoughtful presents for everyone on your list, Black Friday is coming up, too....Read More

Norilsk Nickel (US-OTC: NILSY) plans to boost spending on new projects over the next decade to increase production and capitalize on the growing electric car trend, but investors may need to brace for lower dividends down the road.The Russian metals and mining company currently pays out 60% of its earnings before interest, tax, depreciation and amortization as dividends to shareholders, making it...Read More

This episode features a fireside chat between Kirkland Lake Gold president and CEO Tony Makuch and Northern Miner group publisher Anthony Vaccaro at the Progressive Mine Forum in Toronto on Oct. 16. Makuch discusses the use of electric vehicles and battery technology at the company's Macassa mine in northern Ontario, the importance of profits over scale, and how to relate to millennials in the wor...Read More

Australia's Evolution Mining (ASX: EVN) has agreed to buy Newmont Goldcorp's (TSX: NGT; NYSE: NEM) Red Lake complex in Ontario for US$375 million in cash and contingent payments of up to an additional US$100 million tied to new resource discoveries.Evolution has committed to invest US$100 million on the existing operations and another US$50 million on exploration over three years.The underground g...Read More

Weekly Reports |Nov 26 2019Despite caution surrounding Iran sanctions waivers, and other ongoing uncertainties, the spot uranium price last week reached US$26.00/lb for the first time in eight months.-Spot uranium hits eight-month high-One waiver on Iranian sanctions terminated-Buying continues unabatedBy Greg PeelLate last month the White House extended for ninety days waivers on Iranian sanction...Read More

The impacts felt by the week-long strike resulted in costly disruptions for Canadian mining companies, many of which incurred significant impacts over the past seven days, including lost sales and customers.Given the mining industry is the most significant customer of Canada's Class I railways, consistently accounting for most (52.3% in 2018) of its rail freight revenues generated annually and is...Read More

Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, the publisher of The Solari Report found on Solari.com. Catherine Austin Fitts is a former Wall Street investment banker, macroeconomic expert and publisher of The Solari Report https://solari.com/.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

Turns out that many companies who seek to embrace equality by any means could actually be doing their shareholders a disservice. But hey, we thought equality of outcome was a Continue...Read More