The following Fastmarkets minor metals prices changed on Wednesday July 17:Minor metalsAntimony max 100ppm Bi, in-whs Rotterdam $/tonne: $5,950-6,200 per tonne from $6,000-6,200Antimony MMTA standard grade II, in-whs Rotterdam, $/tonne: $5,800-6,000 per tonne from $5,900-6,150Cadmium 99.95% min, cif global ports, cents/lb: 105-115 per lb...Read More
A multi-year low in the cobalt metal price in China triggered the speculative buying witnessed over the week to July 12, which is likely to be followed by restocking activity in the spot market, Fastmarkets learned.Fastmarkets' assessment of the price for cobalt 99.8% Co min, ex-works China was at 210,000-230,000 yuan ($12.27-13.43 per lb, minus China VAT) per tonne on Friday July 12, down nearly...Read More
Trade negotiations between the United States and China following a meeting between the countries' leaders on the sidelines of the Group of 20 (G20) summit in Japan at the end of last month have not progressed as well as investors had hoped. Instead, relations between the world's two largest economies remain frosty following a report that China will sanction US firms that sell weapons to Taiwan. In...Read More
Import prices for stainless steel in East Asia rose over the week ended Wednesday July 17 after producers adjusted their asking prices upward in response to a rally in the price of nickel on the London Metal Exchange.Following seven consecutive days of gains after July 5, the price of nickel, 3 months, LME Daily Official, ended the official trading session on July 16 at a 2019 high of $13,960-13,9...Read More
Germany's Wieland Group has completed its previously announced acquisition of Global Brass & Copper (GBC), the company said in a statement on Tuesday July 16.Wieland, a supplier of semi-finished copper and copper alloy products, had announced in April this year it would acquire Schaumburg, Illinois-based GBC's outstanding shares for $44 apiece.GBC shares ceased trading on the New York Stock Exchan...Read More
Money Kartell pr??sentiert "Sirenen" von Tommy (prod. von SOTT)Vato EP hier vorbestellen: http://wmg.click/Tommy_VatoAYFolgt Tommy:Facebook: https://www.facebook.com/tommymoneyka...Instagram: https://www.instagram.com/tommy_money...Producer: SOTThttps://www.instagram.com/sottmusicMix von Tim Schoon & Matteo SchwanenengelMaster: Volker "IDR" GebhardtVideo von Dilnashttps://instagram.com/dilnasANFRA...Read More
Gold and gold stocks especially continue to shrug off bits and pieces of bad news.No escalation in the trade war? The selloff lasted one day and the sector rebounded strongly the following day.Strong headline jobs number? Again, the weakness was a buying opportunity.This past week there was more.The June CPI report came in hotter than expected, which could mitigate the degree the Fed eases in the...Read More
Gold and gold stocks especially continue to shrug off bits and pieces of bad news.No escalation in the trade war? The selloff lasted one day and the sector rebounded strongly the following day.Strong headline jobs number? Again, the weakness was a buying opportunity.This past week there was more.The June CPI report came in hotter than expected, which could mitigate the degree the Fed eases in the...Read More
Bob Moriarty ArchivesJul 18, 2019One of the great pleasures of my job is to revisit companies making solid progress after having done everything they said they would do. I got back a week or so ago from a quick dash to Japan where I got to visit the wonderful team ofIrving Resources. (IRV-C)Irving is seven holes into a scout-drilling program. Their brilliant technical teamhas already hit a discove...Read More
The spot gold price is around $1,422/oz, having gained earlier amid renewed expectations of a US interest rate cut, ongoing US-China trade tensions and the British pound weakening on the growing possibility of a no-deal Brexit.The silver price has risen more than 8% over the past 30 days.Silver equities were among the biggest market risers in Toronto yesterday, where Mexico-focused explorer Silver...Read More
Conical spacers that can be retrofitted to its proprietary IsaMills, or incorporated in new mills, are said to be particularly effective the finer the regrind product required. The spacers have been commercialised, but Glencore Technology says tests on pyrite concentrate showed 12.7% to 21.5% reductions in specific energy draw in gold recovery with the P80 size ranging from 22um to 15um. The great...Read More
We're so f***ked!This was the title of an article I wrote last week about the death of the dollar.In that article, I made the argument that, thanks to the continued weaponization of the U.S. dollar, countries around the world are now conspiring to replace the U.S. dollar as the default medium of exchange with something else.This plus the rapidly increasing trade and budget deficits, along with poo...Read More
This essay by gold advocate and longtime GATA supporter Willem Middelkoop, author of the 2014 book "The Big Reset," has top position today at the internet site of the Official Monetary and Financial Institutions Forum in London, an organization catering to government and central bank officials around the world. The essay acknowledges the longstanding policy of central banks and particularly the...Read More
By: Ira EpsteinGold remains in this congestion zone. Will it breakout? Fighting a battle..Read More
COLORADO SPRINGS, July 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") reports preliminary production results for the second quarter ended June 30, 2019 of 9,559 ounces of gold, 467,484 ounces of silver and significant base metals. The Company currently maintains its 2019 Oaxaca Mining Unit production outlook and plans to increas...Read More
Expected interest rate cuts by all the central banks is supporting gold at the moment. European central bank is expected to cut interest rates in September. Trade war theme is still there. In short, all the factors are bullish for gold. Investment demand is on the rise with passing of each week. Economic growth news will be the key. Measures (other than interest rate or different forms of quan...Read More
If the next global recession is approaching, is it time to turn to gold? That's the case that noted trader Greg Weldon makes. Weldon believes that central banks' response to the potential downturn will create very bullish conditions for gold prices. Weldon also provides his commentary on emerging markets and on commodities more broadly. Filmed on July 12, 2019 in Jupiter, Florida. Gregory Weldon i...Read More
Topics include:- Has the cartel lost control of the gold & silver markets?- What are the fundamental and technical drivers of gold and silver right now?- How are the markets manipulated, and are we close to the end of the manipulation?- What are we to make of all the President's Tweets about "pumping money"?- What is Craig's outlook for silver over the next couple of months?Known primarily by his...Read More
"It is both timely and necessary to make the environment of City Hall and the language of city legislation consistent with the principles of inclusion.Continue...Read More