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
"From a technical analysis perspective, negative divergences had also become clear on the daily and weekly charts in Silver..."by David Brady via Sprott MoneySilver completed a blow-off top on February 1 at a higher high of 30.35. At the very least, this was a great learning experience for many people, especially those new to the precious metals space. It certainly put Silver front and center in t...Read More
Although the market swell of Reddit's leveraged traders has subsided, this week's action will have a lasting impact on the silver market. With the global...Samuel Briggs via KinesisAndrew Maguire explores the long term impact of the 'Silver Short Squeeze' phenomenon on the silver markets:Watch this week's Live from the Vault for:Impact on gold and silver markets: 05:31?EUR
The latest forecasts from Fastmarkets' team of analysts are ready to view.The conequences of the Covid-19 pandemic on energy demand affected oil and gas prices through much of 2020 and weighed on drilling rates and demand for oil-country tubular goods (OCTG) in most regions.These effects were most likely to continue well into 2021 and perhaps longer, according to Fastmarkets OCTG Intelligence Serv...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view. buoyant flat steel market and rising raw material prices resulted in large price rises for welded pipe products across all regions in January 2021.Increases in the price assessments for helical submerged arc-welded (HSAW) pipes were of the magnitude of $140-190 per tonne, with the exception of Europe, where prices were...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:?EUR?In a strong start to the year, January saw ore and alloy pricing gains across all markets priced by Fastmarkets - with the exception of Chinese silicon metal export prices, which retreated slightly last month after posting impressive gains in December 2020.The combination...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.We spoke in our previous tracker of stainless steel prices ending 2020 on a high. That trend has continued during early 2021 and, in fact, the upward rally in prices has increased its momentum.Compared with the monthly price increase of some 5% seen at the end of 2020, prices for grade-304 stainless steel in al...Read More
RAPAPORT... Group revenue at Watches of Switzerland grew in the third fiscal quarter as increased online sales and domestic spending offset a drop in tourism.Sales rose 6% year on year to GBP 272.6 million ($374.4 million) in the three months ending January 24, the company said last week.Revenue in the UK increased 1.5%, with online sales up 121%. Sales in the US jumped 16%, as the company opened...Read More
RAPAPORT... Jewelry sales in the US rose in January, buoyed by positive holiday momentum and stimulus payments, according to Mastercard SpendingPulse.Sales in the category increased 3.3% year on year during the month, data released by Mastercard showed last week. Total spending in all categories climbed 9% versus the same period in 2020, while online sales soared 62%. All 50 states saw a jump in c...Read More
RAPAPORT... Clikia Corp., a specialist in affordable luxury, has acquired a stake in Aether Diamonds, a synthetics producer that claims to grow its stones using carbon dioxide from the air.US-based Clikia bought the "material" interest for $150,000, it said in a statement Thursday. The transaction was part of Aether's $1.5 million funding round.Aether claims to produce the "world's first carb...Read More
(IDEX Online) - BlueRock says it sold an exceptional 14.8-carat diamond for $167,000 - equating to $11,300 per carat, as bidding returned to pre-Covid levels.The UK-based miner, which reports all stones over $50,000, also sold a 12.8-carat diamond in December 2020 for $76,000, as well as an 8.7 carat diamond for $37,000.It said recent high-value gems at its Kareevlei mine, in the Kimberley r...Read More
(IDEX Online) - Botswana must end its dependence on diamonds and diversify into gold, metals, coal and other commodities, says it president, Mokgweetsi Masisi. After a year in which rough exports were badly hit by Covid travel bans and depressed demand, he said it was "more imperative than ever" that the nation exploit its other natural reserves.Exports by Debswana, which controls most of Bot...Read More
(IDEX Online) - Diamond billionaire Beny Steinmetz is facing civil court action in a row over mining rights in Guinea - for which he was sentenced to five years in jail earlier this month.A Swiss court convicted him of paying $8.5m in bribes to an ex-wife of the former president, to secure iron ore rights for the BSGR Group (Beny Steinmetz Group Resources).Steinmetz, 64, (pictured) who holds Frenc...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesThe PEA outlines annual production of 95.9 million pounds of copper and 99,900 ounces of gold, or 155.9Mlb copper-equivalent, for 22 years following a US$1.Read More
The Company's cultivation subsidiary recorded its strongest monthly sales since launching its AMA branded cannabis flower and pre-rolls last year.Read full newsRead More
Shares in GameStop, the embattled brick-and-mortar gaming company, have shot up more than 1,600 per cent since January 12 - so what happened, and is it legal?Read full newsRead More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
Kenorland Minerals Ltd. is pleased to announce that the Company hRead full newsRead More
Gold79 Mines Ltd. is pleased to provide results from its recentlyRead full newsRead More
Victory in Final Stages to Launch Drilling Operations for 500m ShRead full newsRead More
Speaking with Andrew O'Donnell of Supercharged Stocks, TomaGold (TSXV:LOT, OTC:TOGOF) CEO David Grondin provided an update on where the company is at right now as well as plans for the future. Read full newsRead More