The failure of the XAU index to rise is a potential warning sign for gold.Mining stock traders apparently aren't convinced gold is ready to rally.Silver continues to lag gold, as both metals face serious obstacles.Despite a recent attempt at bottoming, gold's revival attempt has been hindered by a serious lack of confirmation from its peers. Specifically, gold's "sister" metal silver has shown...Read More

By day, Peruvian police and soldiers search for and destroy equipment used by illegal gold miners in a part of the Amazon rainforest where mining has transformed once-dense foliage into a desert pocked with dead trees and toxic pools. As night falls, they play cards and soccer, call family from their remote outpost or have a medic pluck burrowing parasites from their feet.Read full newsRead More

* GRAPHIC-2019 asset returns:* Premium for cash over 3-month zinc highest since 1997 (Updates with closing prices)By Pratima DesaiLONDON, May 20 (Reuters) - Zinc prices hit four-month lowson Monday as investors frettedabout rising supplies from topproducer China, while industrial metals overall came underpressure from trade tensions between the United States andChina.Benchmark zinc on the London M...Read More

McEwen Mining Inc. (MUX) (MUX.TO) provides an update on the fatal accident involving a contractor's employee that occurred on Monday, May 13, 2019 at the Gold Bar Mine in Nevada.The formal investigation by local authorities is not complete, but preliminary analysis by McEwen Mining suggests thatRead full newsRead More

Silver ended the week closing at its lows, now down to $14.40/oz.The trend is also down for silver stocks since peaking in Q1.Caution is warranted at this time since risks are heightened for individual company failure (particularly producers) in a low price environment where profit margins have been greatly eroded.Hecla Mining and Coeur Mining are just two examples of companies currently going thr...Read More

Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron") is pleased to announce that it will begin to take reservations to toll process hemp or cannabis with the "BIG BEAST", a fully automated, touch screen control continuous flow Ethanol Extractor System. The "BIG BEAST is the latest addition to the BEAST family of extractors, with estimated processing capacity of up...Read More

There are many different methods for investing in gold, as we have outlined previously.Gold streaming and royalty companies are a unique investment. They offer a distinct set of advantages and disadvantages in their exposure to gold.Mining streaming and royalty companies offer a number of benefits to investors that differ significantly from more traditional mining co's.Before we get into the speci...Read More

There are many different methods for investing in gold, as we have outlined previously.Gold streaming and royalty companies are a unique investment. They offer a distinct set of advantages and disadvantages in their exposure to gold.First, it should be noted that there is a difference between streaming and royalty stocks, but their underlying exposure to gold is similar.Before we get into the spec...Read More

The swing back into contango in the nearby aluminium forward curve on the London Metal Exchange triggered the cancellation of more than 90,000 tonnes of aluminium in LME-bonded warehouses this week.Almost 45,000 tonnes of material were freshly canceled on Friday May 17, predominantly out of registered warehouses in Johor and Singapore. More than 30,000 tonnes were canceled across the same location...Read More

Here are five Fastmarkets MB stories you might have missed on Friday May 17 that are worth another look.The United States will give a 180-day window to its auto trading partners to reduce imports of automobiles and certain automobile parts, essentially delaying potential Section 232 tariffs on these products, the White House said on Friday May 17. On the same day, US President Donald Trump an...Read More

The global billet market saw an improvement in sentiment in the Commonwealth of Independent States and the Middle East-North Africa region after the United States reduced its steel import duties against Turkey.The US lowered its tariffs on steel imports from Turkey to 25% from 50%, effective Friday May 17.This immediately sent import scrap prices up in Turkey as Turkish steel producers resumed the...Read More

Here are five Fastmarkets MB stories you might have missed on Friday May 17 that are worth another look.The United States will give a 180-day window to its auto trading partners to reduce imports of automobiles and certain automobile parts, essentially delaying potential Section 232 tariffs on these products, the White House said on Friday May 17. On the same day, US President Donald Trump an...Read More

The United States has lowered its tariffs on steel imports from Turkey to 25%, from the previous 50%, effective Friday May 17.The move reverses a decision by US President Donald Trump in August last year to impose higher tariffs on US imports of Turkish aluminium and steel amid an escalation in tensions between the two countries.Turkey exported 6 tonnes of hot-rolled coil under HS code 7208 to the...Read More

Swedish state-owned iron-ore producer LKAB is to appoint Markus Pet??j??niemi to the role of senior vice president, where he will lead the newly formed market and technology unit, the company said on Thursday May 16.Pet??j??niemi, who will take up the role on June 1, was previously acting senior vice president and led the technology and process development team, which will now fall under the marke...Read More

Feralpi Stahl will raise capacity at its rebar and wire rod rolling mill in Riesa in the Saxony region of Germany to 1.3 million tonnes per year, the German division of Italy-based steelmaker Feralpi Group said.The company will invest ?,?60 million ($67.33 million) over a two-year period to increase capacity at Riesa, it said on Wednesday May 15."The investment will strengthen the current producti...Read More

The global billet market saw an improvement in sentiment in the Commonwealth of Independent States and the Middle East-North Africa region after the United States reduced its steel import duties against Turkey.The US lowered its tariffs on steel imports from Turkey to 25% from 50%, effective Friday May 17.This immediately sent import scrap prices up in Turkey as Turkish steel producers resumed the...Read More

The swing back into contango in the nearby aluminium forward curve on the London Metal Exchange triggered the cancellation of more than 90,000 tonnes of aluminium in LME-bonded warehouses this week.Almost 45,000 tonnes of material were freshly canceled on Friday May 17, predominantly out of registered warehouses in Johor and Singapore. More than 30,000 tonnes were canceled across the same location...Read More

Here are five Fastmarkets MB stories you might have missed on Friday May 17 that are worth another look.The United States will give a 180-day window to its auto trading partners to reduce imports of automobiles and certain automobile parts, essentially delaying potential Section 232 tariffs on these products, the White House said on Friday May 17. On the same day, US President Donald Trump an...Read More

The temporary truce on tariffs between China and the United States could be over, injecting a new round of uncertainty into the global financial markets and suspending hopes that a resolution to the countries' trade impasse was likely.US President Donald Trump has threatened to raise the tariff on $200 billion-worth of Chinese imports to 25% from 10% by Friday May 10. He also said that the US may...Read More

The swing back into contango in the nearby aluminium forward curve on the London Metal Exchange triggered the cancellation of more than 90,000 tonnes of aluminium in LME-bonded warehouses this week.Almost 45,000 tonnes of material were freshly canceled on Friday May 17, predominantly out of registered warehouses in Johor and Singapore. More than 30,000 tonnes were canceled across the same location...Read More