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

Drilling at the Cotabambas Project in Peru. Source: Panoro Minerals Ltd.Panoro Minerals Ltd. [PML-TSXV, Lima; PZM-FSE] said Wednesday October 4 that it has executed a joint venture agreement with Japan Oil, Gas Metals National Corp. (JOGMEC) on its Humamantana property in Peru. Under the agreement, JOGMEC will have the option to earn up to a 60% interest with an investment of US$8 million."Panor...Read More

Nickel was almost at a four-month low, while all prices on the London Metal Exchange declined on Wednesday September 29, pushed down by the continued uncertainty over demand given high energy prices and a US Dollar Index that was at its highest since November 2020.The US Dollar Index reached 94.28 on Wednesday, a near-one-year high and a 1.9% increase from 92.50 at the start of September. The...Read More

Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday July 3*Copper -$89.71 (-601.00 yuan)Aluminium -$510.61 (-3,420.95 yuan) Zinc $12.81 (85.81 yuan) Nickel -$177.86 (-1,191.59 yuan) *Metal Bulletin calculates the physical arbitrage for import into China...Read More

Zambia, Africa's second-largest copper producer, sees recent changes to its mining royalties regime as fair and won't consider a review despite warnings from the industry that it could deter investment and result in job losses, Finance Minister Margaret Mwanakatwe said."There is no renegotiation taking place because a law has been passed in parliament to change the tax regime""There is no renegoti...Read More

Ferrous scrap prices in most parts of the world were firm in the week ending on Friday November 2, with healthy demand in the key import market of Turkey supporting global prices.But prices in Asia weakened because steel mills in Vietnam and Taiwan held back from purchasing ferrous scrap due to fierce price competition in the downstream billet and long steel markets.Turkey importsTurkish steel mil...Read More

German steelmakers settled their monthly steel scrap contracts for July at higher prices due to continuous tight availability in the market, sources told Fastmarkets.Prices for new scrap grades, such as E8, have risen higher compared with other grades due to short supply from both automotive producers and flat steel service centres. Stoppages and reduced production rates in the automotive sector r...Read More

(IDEX Online) - A Philippe Dufour watch, made in 1995 for the Sultan of Brunei, sold yesterday for a record-breaking $7.33m.It became the priciest timepiece by an independent watchmaker ever sold at auction. The Grande et Petite Sonnerie - so named because of its hourly and quarter-hourly chimes  - is one of only eight ever produced.  It was sold on A Collected Man, a specialist web...Read More

Wages aren't rising fast enough to offset rising household costs and that's leading many to struggle financiallyContinue...Read More

Hudbay to take part of Doubleview's HatM&ASolGold set to shineSPONSOREDsolgoldThe previously completed preliminary economic assessment envisaged capital costs of US$275-426 million, depending on the throughput selected, a post-tax net present value of $445-649 million, us...Read More

Physical iron ore prices strengthened on Thursday July 19 amid gains in China's steel market....Read More

This Trends with Benefits podcast episode offers caregiving tools and tips to those in the "sandwich generation" and explains how ...Read More

Jeff Clark, Senior Analyst, GoldSilverMost everyone you know is a member of a cult. It's not their fault, and they didn't consciously seek it out, but your friends and family and almost everyone you know and even come in contact with belong to a system that has brainwashed them.This cult is robbing them. And it's doing so clandestinely, without their knowledge or approval. It's so sly that they...Read More

(Kitco News) - October’s equity correction, the biggest drop since the 2008 financial crisis, wasn’t enough to derail the Federal Reserve’s plan to gradually raise interest rates.As expected, the Federal Reserve left interest rates unchanged following Thursday’s monetary policy meeting; however, many economists noted that the central bank did not mention at all October&rsqu...Read More

Analysts at Commerzbank, point out that gold is viewed forming a major base longer term. They warn about the key resistance at 1365.36/1375.53, signaling that a break higher could lead to rally to 1700.  Key Quotes:  “A weekly close above 1375.53 2016 high (and ideally above the 1392.56 2014 peak) should trigger a move eventually to just over 1700.00.” “Gold is underpin...Read More

Global ferrous scrap prices surrendered to the downward pressure created by weak mill demand and tepid finished steel sales during the working week from Monday November 12 to Friday November 16, with the exception of those in India.Turkish import scrap prices fell, with only four cargo bookings made during the week. Import prices in Taiwan and Vietnam also continued to trend downward. India's impo...Read More

Oleg Novachuk and Vladimir Kim, the current and past chairman of Kaz Minerals (LSE: KAZ), are proposing a buyout offer of the pure-play copper company.Their company, Nova Resources, in which they own a 36.5% and 63.5% stake, respectively, already owns about 186 million shares of Kaz Minerals.Nova Resources is offering to buy Kaz Minerals for ?3 billion in cash at a price of 640 pence a share, whi...Read More

Chilean state-owned copper producer Codelco is running its Chuquicamata division at half capacity, due to strike action by three unions at the site in northern Chile.The company is aiming to reach 60% throughput soon, Codelco said on Sunday June 16.The 3,200 employees who are members of the three unions walked out on Friday, but another 1,400 workers are continuing to run operations, Cod...Read More

Nervous investors have been pouring into the goldand silver markets over the past two months. Money Metals Exchange is proud to have helped almost 20,000 newcustomers with a precious metals purchase in recent weeks, many of whom cameover from other dealers struggling with inventory shortages and ridiculousdelivery delays.A new wave of investors is getting the message; the FederalReserve will never...Read More

- Steve St. Angelo, SRSrocco Report According to a precious metals dealer I spoke with, the world out on the street is that demand for gold and silver has recently surged due to investor concerns about a disruption to the Global Supply Chain. We are already seeing a massive slowdown in China's oil demand as official reports show a 20% reduction in oil consumption. However, I believe China'...Read More

SHANGHAI, Apr 10 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar edged down 0.3% to 89.83 overnigh as euro climbed up. Most base metals rose. SHFE nickel rose close to 2%, aluminium increased over 1%, copper gained 0.7%, and zinc and tin inched up. SHFE and LME lead edged down. LME zinc dropped close to 1%, while coppe...Read More