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
With the source of 90% of the placer gold on its property still unexplained, Cabral Gold undertakes a large exploration program. Cabral Cuiu-Cuiu projectCabral Gold Inc.'s (CBR:TSX.V; CBGZF:OTC.MKTS) Cui? Cui? project in Brazil was the center of the 1978-1995 Tapaj?s Gold Rush, the world's largest, when an estimated 30 million ounces of placer gold were produced, 2 million ounces of which was pro...Read More
Maurice Jackson of Proven and Probable discusses the latest news from Riverside Resources with the company's CEO. Maurice Jackson: Joining us for a conversation is the CEO of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB), Dr. John-Mark Staude, along with Bryce Jackson of Proven and Probable. Pleasure to be speaking with you both. John-Mark, when we last spoke, you stated "how bright the futur...Read More
Golden Arrow Resources is ready to commence exploring for gold at its Flecha de Oro project's Puzzle property. Golden Arrow Flecha de OroGolden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) is about to begin a trenching and sampling program at the Puzzle property of its Flecha de Oro gold project in Argentina, it announced in a news release. The objective is to delineate targets for pos...Read More
Dolly Varden Silver Corp. reported it has acquired the strategic surface rights on Tidewater at Alice Arm, B.C. In a news release, Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCMKTS) announced "the acquisition of surface rights and fee simple lands within the community of Alice Arm located on the Pacific Ocean in Northwest B.C., in support of exploration infrastructure."The firm stated the Alice...Read More
Pretium Resources agrees to sell Snowfield to Seabridge Gold. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) and Pretium Resources Inc. (PVG:TSX; PVG:NYSE) announced the respective acquisition and sale of Pretium's Snowfield property adjacent to Seabridge's KSM project in British Columbia, Canada. Snowfield is located in the same valley as KSM's Mitchell deposit. The transaction is expected to close...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars Jensen, chief executive officer of SeaIntelligence Consulting, said in an interview with Fastmarkets. "We are now seeing the consequences of carrier cancellations several months ago that led to a shortage of empty conta...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars Jensen, chief executive officer of SeaIntelligence Consulting, said in an interview with Fastmarkets. "We are now seeing the consequences of carrier cancellations several months ago that led to a shortage of empty conta...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
Ferrous scrap prices in Mexico's main markets continued to rise in the week ended Friday December 4, with both regions assessed by Fastmarkets registering increases after clients accepted higher offers in order to maintain supply.Market participants reported price increases in a wide range of 50-600 pesos per tonne ($2-30 per tonne), depending on the customer.Fastmarkets assessed the steel sc...Read More
A summary of base metals premiums from across the globe for the week to Tuesday December 8.Please click...Read More
The price of domestic hot-rolled coil in Northern Europe inched further upward day-on-day on Tuesday December 8, due to scarce supply from both domestic and overseas producers, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?577.50 ($700.04) per tonne on Tuesday, up by ?,?0.83 per tonne from ?,?576.67 per tonne on December...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
Glencore chairman Tony Hayward was not understating matters when he described the company's succession transition as coming "at a time of huge change." Glencore's share price has risen 3% since its announcement on Friday December 4 that 18-year chief executive officer Ivan Glasenberg would be retiring from his role next year and coal assets head Gary Nagle would stepping up to the plate. The...Read More
The base metals complex on the London Metal Exchange showed mixed fortunes at the 5pm close on Tuesday December 8, with zinc, lead and nickel holding on to gains while aluminium fell below the $2,000 per tonne psychological mark.Lead showed the biggest increase of the day, rising by 0.98% to $2,099.50 per tonne by the close from Monday's price of $2,076 per tonne.Sister metal zinc also showed a sm...Read More
Seaborne coking coal prices across the board were flat day on day on Tuesday December 8 due to a lack of transactions, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $103.08 per tonne, up $0.01 per tonnePremium hard coking coal, cfr Jingtang: $169.52 per tonne, unchangedHard coking coal, fob DBCT: $92.68 per tonne, unchangedHard coking coal, cfr Jingtang: $154.11 per tonne, un...Read More
The base metals remain upbeat this morning, Tuesday December 8, and the underlying story remains the same, infrastructure spending, economic recovery, a mass of liquidity and the potential for more US stimulus.Although there are some potential headwinds - political tensions between the United States and China, a no-deal Brexit and a correction in equity prices as harder lockdowns are forced on pop...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese domestic and export flat steel prices surged in November 2020, with the export hot-rolled coil index rising to $592 per tonne during the month from $519 per tonne previously, and the monthly average increasing by 7.5% over October.Economic activity in China continued to expand, with manufacturing output rising by 7.5...Read More
What we see in gold & silver is not the start of a new, powerful upleg...by Przemyslaw Radomski via Sunshine ProfitsSilver is like gold's cheaper and more volatile little brother. The smaller market size of the white metal relative to gold makes it susceptible to wilder price swings. So how has it been performing relative to gold's corrective actions since November? And finally, where do the miner...Read More