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
Warren Buffett is all about buying pieces of wonderful businesses at attractive multiples and holding them for the long haul. While his favourite holding period is forever, he seldom hangs onto stocks with such a timespan, as the rapid rise of technological disruption can hurt a firm’s investment thesis. A company with a wide moat today may have a narrow moat in a few years from no...Read More
Here are five Fastmarkets stories you might have missed on Wednesday December 23 that are worth another look.World crude steel production increased by 6.6% year on year in November, with China, Germany and Ukraine posting the largest increases.Chilean state copper producer Codelco has increased the...Read More
There were slight rises across the London Metals Exchange base metals complex on Wednesday December 23, led by a 1.5% uptick in nickel, after they dropped collectively earlier in the week following news of the rapid spread of a new strain of the Covid-19 virus in the United Kingdom. The three-month nickel price rose to $16,874 per tonne on Wednesday at the 5pm close from $16,614 per tonne on Tuesd...Read More
Bob Moriarty ArchivesDec 23, 2020Mac Balkam has pretty much carried Eskay Mining (ESK-V) on his back for the last ten years because he believed in the story. Many times he had to belly up to the bar to fork over some money to keep going. He never lost his faith that somewhere on the property was anotherEskay Creek deposit. Eskay Creek was famous for being the highest-grade gold mine in the world w...Read More
Chilean state copper producer Codelco has increased the volumes sold into annual cathode supply contracts for 2021, its chief commercial officer Carlos Alvarado told Fastmarkets this week.Codelco produces around 1.7 million tonnes of copper per year - equivalent to 7% of the world's total. The company's regional offers to customers tend to set a benchmark for similar annual supply deals that...Read More
McClellan Financial Publications, IncPosted Dec 23, 2020Dec 17, 2020A lot of people look at Bitcoin as a great trading vehicle, and good for them (the ones who have been long this year).But Bitcoin prices have another value, as a messenger about what is coming for the stock market.I looked at this relationship here back in January 2018, and again inMay 2018,examining how the movements of Bitcoin p...Read More
Here are five Fastmarkets stories you might have missed on Wednesday December 23 that are worth another look.World crude steel production increased by 6.6% year on year in November, with China, Germany and Ukraine posting the largest increases.Chilean state copper producer Codelco has increased the...Read More
The publication of Fastmarkets' China ferro-silicon price assessments for December 23 were delayed because of a reporting error on December 23. The Fastmarkets price book and database have both since been updated. The affected prices are: MB-FES-0001 Ferro-silicon 75% Si min, in-whs China, yuan/tonne MB-FEH-0001 Ferro-silicon 75% Si min export, fob China, $/tonne For more information or to provide...Read More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) is pleased to announce that it has received the conditional approval of the TSX Venture Exchange with respect to its previously announced acquisition of all of the outstanding securities of EastSide Games Inc. (the "Acquisition"). Please refer to LEAF's previous news releases dated October 7, October 26, November 11 and November 30, 2020 for furthe...Read More
Vancouver, BC December 23, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce that it has obtained an interim order from the Supreme Court of British Columbia for its previously announced proposed plan of arrangement (the "Arrangement"), pursuant to which the Company plans to transfer all of its British Columbia gold exploration assets ("Spin-out")...Read More
The latest data for the global manganese ore market for the week ended December 21, 2020.Read More
Chilean state copper producer Codelco has increased the volumes sold into annual cathode supply contracts for 2021, its chief commercial officer Carlos Alvarado told Fastmarkets this week.Codelco produces around 1.7 million tonnes of copper per year - equivalent to 7% of the world's total. The company's regional offers to customers tend to set a benchmark for similar annual supply deals that...Read More
An overview of the consumer electronics markets and their latest price moves.Ewa Manthey, Dalila Ouerghi and Michael Greenfield in London, Susan Zou...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda and Declan Conway contributed...Read More
Here are five Fastmarkets stories you might have missed on Wednesday December 23 that are worth another look.World crude steel production increased by 6.6% year on year in November, with China, Germany and Ukraine posting the largest increases.Chilean state copper producer Codelco has increased the...Read More
Sellers of Japanese scrap are looking to the domestic market instead of exports because of the higher margins that can be found there, market participants told Fastmarkets on Wednesday December 23.The massive increases in domestic scrap purchase prices by major Japanese mini-mill Tokyo Steel have also supported sentiment.The price-benchmark setter increased its purchase price for the 10th time in...Read More
China resuming steel scrap imports in 2021 will directly affect global steel markets because of supply shortages, speakers on the Turkey panel at Fastmarkets' recent Middle East Iron and Steel virtual conference said. China will end the ban on imports of ferrous scrap on January 1 after it reclassified certain qualities steelmaking raw materials under the new regulations. On Decemb...Read More
Base metals prices on the Shanghai Futures Exchange were mainly lower this morning, Wednesday December 23, while those on the London Metal Exchange were mixed.Metals and broader markets seem to be settling down and oscillating sideways ahead of the Christmas and New Year holidays, suggesting markets are content to consolidate while many cross currents muddy the waters. US President Donald Trump re...Read More
An overview of the consumer electronics markets and their latest price moves.Ewa Manthey, Dalila Ouerghi and Michael Greenfield in London, Susan Zou...Read More
Share this articleTORONTO - Kirkland Lake Gold Ltd. (TSX:KL) (NYSE:KL) (ASX:KLA) today announced results from 25 holes (19,523 m) and one wedge hole (1,110 m) of drilling at the Detour Lake property. The new holes being reported are the third batch of results from the recently announced 250,000 m exploration program, which the Company is targeting for completion by the end of 2021. The program i...Read More