Volatility on the rise LME tin...ACCESS 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 latest issue as soon as...Read More
Prices holding around $3,500 per tonne......ACCESS 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 latest issue...Read More
ACCESS 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 latest issue as soon as it’s published.SubscribeRead More
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
STUTTGART, Germany, Feb 6 (Reuters) - Industrial workers and employers in southwestern Germany struck a deal on pay and working hours on Monday night, in a hard-fought pact likely to set a benchmark for millions of workers across Europe's largest economy.The deal between labour union IG Metall and the Suedwestmetall employers' federation foresees a pay rise of 4.3 percent from April and other pay...Read More
Regardless of what financial market you follow, today you witnessed one of the most volatile days ever on record. The Dow Jones Industrial Average traded 1600 points lower midday before recovering slightly, closing down over 1100 points on the day. Today’s price decline represents the most substantial intraday point drop for the Dow in history. Today’s drop represents the largest singl...Read More
For best results when printing this announcement, please click on link below: Vancouver, Feb. 05, 2018 (GLOBE NEWSWIRE) --(LUC - TSX, LUC - BSE, LUC - Nasdaq Stockholm) Lucara Diamond Corp.("Lucara" or the "Company") announces that it will be publishing its2017 Year End Results on Tuesday, February 20, 2018, after the market close inNorth America.The Company will host a conference call and webcast...Read More
(Kitco News) - Gold prices pushed to session highs late Monday afternoon, as U.S. stocks continued their massive selloff, with both the S&P 500 and the Dow plunging in a matter of minutes.Analysts pointed to a more hawkish Federal Reserve as the catalyst for the move down in equities.“What we are seeing in the market is a reaction to last week — with the Fed changing hands, and a m...Read More
(Kitco News) - Gold and silver markets were ending the U.S. day session near unchanged levels in two-sided trading Monday. A bit of safe-haven demand was featured as world equity markets are selling off, led by strong down-moves in the U.S. stock indexes. However, a rally in the U.S. dollar index to start the trading week worked to mitigate buying interest in the precious metals markets. April Com...Read More
(Kitco News) - Although it seems like the U.S. dollar’s declines are slowing down, one analyst says commodity investors should not be too concerned. The U.S. currency, which tends to trade inversely with commodities like gold, has been making a bit of a comeback lately -- after seeing its worse year “in history” since 2004 -- holding support as some analysts calling for a bounc...Read More
(Kitco News) - Momentum continues to shift in the gold market as hedge funds kept their exposure to gold and silver materially unchanged last week, according to the latest trade data from the Commodities Futures Trading Commission.”Many analysts have warned that the gold’s overstretched market is on the cusp of a much-needed consolidation period, and speculative interest in the yellow...Read More
(Kitco News) - The sell-off in equities gained momentum overnight as global investors stewed over the weekend following Friday’s carnage. The market was already stretched and the rise in the yield curve and a hawkish Fed was the catalyst that created the sell-off. Metals reacted as in past equity market sell-offs, with investors initially raising cash to meet margins and pick up perceived va...Read More
SHANGHAI, Feb 5 (SMM) –Copper: Better-than-expected nonfarm payrolls in the US boosted the dollar but we expect the greenback to be weaker in the longer term, which is bullish for copper prices. While weaker physical consumption in the near term could drag down copper prices, a major Chinese fund has long positions further down the curve. We see SHFE copper firmly supported at the 52,500-53,...Read More
SHANGHAI, Feb 5 (SMM) –Copper: Better-than-expected nonfarm payrolls in the US boosted the dollar but we expect the greenback to be weaker in the longer term, which is bullish for copper prices. While weaker physical consumption in the near term could drag down copper prices, a major Chinese fund has long positions further down the curve. We see SHFE copper firmly supported at the 52,500-53,...Read More
SHANGHAI, Feb 5 (SMM) –Copper: Better-than-expected nonfarm payrolls in the US boosted the dollar but we expect the greenback to be weaker in the longer term, which is bullish for copper prices. While weaker physical consumption in the near term could drag down copper prices, a major Chinese fund has long positions further down the curve. We see SHFE copper firmly supported at the 52,500-53,...Read More
Price trends in the global steel billet market were mixed in the week ended Friday February 2 with pricing moving in different directions in the various markets.In Southeast Asia, the market was bullish because of reduced availability of the material, with Chinese suppliers out of the export market and offers of India-origin billet being scarce due to the strength of the country's domestic long st...Read More
Price trends in the global steel billet market were mixed in the week ended Friday February 2 with pricing moving in different directions in the various markets.In Southeast Asia, the market was bullish because of reduced availability of the material, with Chinese suppliers out of the export market and offers of India-origin billet being scarce due to the strength of the country's domestic long st...Read More
Getting the right timeframe and adopting the correct investment planning approach are key differentiators between good and bad mining, according to Alcoa Corp's top executive. Companies have different approaches to mining, with some having very positive results and others relatively poor ones, Alcoa chief executive officer Roy Harvey said. "It gets back to how you think about those timescales invo...Read More
Base metals prices on the London Metal Exchange were mostly higher at the 5pm close on Monday February 5 although lead again bucked the trend.The three-month copper price rallied to a high of $7,220 per tonne earlier, hitting a fresh three-week peak. Despite retreating slightly this afternoon, the metal still closed $125 per tonne higher than Friday's close. "A previously strong flow of material i...Read More
Peruvian copper production increased by 3.9% in 2017, with higher volumes from MMG's Las Bambas and Chinalco's Toromocho offsetting the small declines at other major mines. The country produced a total of 2.45 million tonnes of copper last year, compared with 2.35 million tonnes in 2016, Peru's energy and mines ministry, MEM, said its website on Sunday February 4. Meanwhile, the average coppe...Read More