Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

David Elliott - Featured Speaker - GMS: November 10th, 2020 from The Northern Miner on Vimeo.Read More

Turkish steel mills continued to make deep-sea scrap purchases at a slow pace at the end of the working week, with prices remaining fairly stable, sources told Fastmarkets.A steel producer in the Marmara region booked a Baltic Sea cargo comprising HMS 1&2 (80:20) at $360 per tonne and bonus at $370 per tonne cfr late on Thursday December 3. The cargo breakdown was not disclosed by the parties.As a...Read More

Optimistic sentiment in the Taiwanese ferrous scrap import market has led to limited offers for cargoes and continued increases over the week to Friday December 4, sources said.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $330 per tonne on Friday December 4, narrowing upward by $5 per tonne day on day an...Read More

Key data from Fastmarkets' pricing sessions in China, Europe and the United States in the week ending Friday December 4. China  The export price climbed for a fourth consecutive week to reach a two-year high, with liquidity reported after months of muted trading activity in the export market.The domestic spot price stabilized after jumping by 5.4% in the previous week, with...Read More

German steelmaker Thyssenkrupp is conducting a joint feasibility study with energy company STEAG to develop a hydrogen hub to be used in green steel production at its Duisburg site, the company said on Thursday December 3.The study will focus on construction of a water electrolysis plant at the STEAG site in Duisburg-Walsum by Thyssenkrupp Uhde Chlorine Engineers, the structuring of energy supply...Read More

The U.S. House of Representatives voted on Friday to decriminalize marijuana at the federal level, but the legislation is not expected to advance further as long as the Senate remains in Republican hands.Read full newsRead More

Company Executives share vision and answer questions live at VirtRead full newsRead More

Sanatana Resources Inc. has arranged a non-brokered private placeRead full newsRead More

Laurion Mineral Exploration Inc. and today announced that it hasRead full newsRead More

Warren Buffett is known for investing in a lot of different companies. From energy giants to tech stars, the Oracle of Omaha has been investing for decades and clearly knows exactly what he’s doing. His conglomerate Berkshire Hathaway has made an incredible 186% in the last decade alone, so his strategy has been working.But there’s been one area that Warren Buffett has steered cle...Read More

Warren Buffett is a staunch believer in the U.S. economy. He has won most bets he has made on the U.S. industries and institutions, and his portfolio is still heavily concentrated with US-based securities. But that doesn’t mean he doesn’t invest in other countries, however. He recently put about US$7 billion on five Japanese giants, and his first major international investment was Petr...Read More

President of Miles Franklin Andy Schectman says gold usually sells off into December but then takes off to the upside into the end of the year. He forecasts higher precious metal prices into the end 2020. In addition to this seasonal trend, tremendous amounts of metal is being taken off the exchange.Andy speculates that Bitcoin is adopting a negative correlation to gold because commercial banks ar...Read More

Metals Ratios Continue to Indicate InflationAnd that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail this mess out once again. And this is no comment on COVID-19. The economy was slowly decelerating last year well before this guy showed up (I like the picture, okay?)…The yield curve bottomed and turned up in Augu...Read More

My researcher team and I have highlighted a number of recent articles about Gold and Silver and how we believed the longer-term price activity and technical analysis supported a broad market advance in Precious Metals over the next 5+ years.  If not, check out Part I and Part II of our recent Gold and Silver research and price predictions. Today, we are seeing further evidence that metals are...Read More

ArcelorMittal is to increase its official spot offer price for second-quarter rolling hot-rolled coil across Europe to ?,?650 ($788.56) per tonne ex-works effective immediately, sources told Fastmarkets on Friday December 4.They added that the traditional gap between offers in Northern and Southern Europe has now disappeared altogether.Offers of hot-dipped galvanized coil also moved up to ?,?...Read More

Gold and silver exchange-traded funds (ETFs), a measure of large investor interest, areexperiencing outflows as opposed to an almost interrupted inflow over the lastfew months.Mining stocks which either look for orproduce these metals have been moving sideways, testing the "mettle"of even perma-bulls.Many investors see these as negative signs. But I view it as a Mr. Market's last big eff...Read More

An acute shortage of containers and new rule changes by container lines have combined over the past week to again raise containerized shipping costs for commodity market participants.Trading sources told Fastmarkets that container lines have not only continued to raise freight rates but have also introduced additional measures that will serve to make life increasingly difficult for companies invol...Read More

Gold plunged below $1,800. Will these declines finally end?November doesn’t look like a good month for gold. The declines in the precious metals market continued last week. As the chart below shows, the price of the yellow metal dropped to $1,779 on Friday (November 27). What is going on? Well, it seems that investors have switched into a risk-on state of mind, which sent the safe-haven asse...Read More

German steelmaker Thyssenkrupp is conducting a joint feasibility study with energy company STEAG to develop a hydrogen hub to be used in green steel production at its Duisburg site, the company said on Thursday December 3.The study will focus on construction of a water electrolysis plant at the STEAG site in Duisburg-Walsum by Thyssenkrupp Uhde Chlorine Engineers, the structuring of energy supply...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:?EUR? Flat steel product prices in the United States moved largely in line with our expectations in October, although the increases slightly outpaced our projections. US hot-rolled coil prices averaged $655 per ton in October, exceeding our forecast price of $640 per...Read More