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

Here are five Fastmarkets stories you might have missed on Wednesday January 27 that are worth another look.Global crude steel output fell by 0.9% year on year to 1.86 billion tonnes in 2020, with an increase in China unable to offset declines across most other major steelmaking nations, the World Steel Association...Read More

Feb 23 (Reuters) - Russian aluminium giant Rusal almost matched forecasts with a 42 percent jump in fourth-quarter core earnings on Friday, helped by higher aluminium prices.Hong-Kong listed Rusal said fourth-quarter earnings before interest, taxation, depreciation and amortisation (EBITDA) rose to $586 million from $412 million in the last quarter of 2016. Analysts had expected core earnings of...Read More

As a result of central bank intervention in virtually every asset class, writing about capital markets in the context of some valuation or fundamental analysis framework has become a laughable, surreal, and self-defeating exercise, and here is a perfect example why.Read full newsRead More

Drilling for lithium brine at Pure Energy's Clayton Valley property, Nevada. Photo courtesy GeoXplor Corp.Pure Energy Minerals Ltd. [PE-TSXV; PEMIF-OTCQB] said Thursday January 10 that it has received a water right to extract lithium-bearing brine needed for the operation of a planned pilot plant at its flagship Clayton Valley project in Nevada.Pure Energy shares jumped 34.78% or $0.04 to 15.5 cen...Read More

Bill Sullivan, senior foreign counsel at Jakarta-based law firm Christian Teo & Partners and a senior adviser to Stephenson Harwood LLP, said the new challenge was in the form of increased uncertainty about the practical enforceability of a traditionally favoured security right of lenders, the Fiducia Charge.He said the Constitutional Court had recently ruled a creditor was not entitled to rep...Read More

Brigadier Gold Limited is pleased to announce that the first diamRead full newsRead More

Pig iron import prices in the United States rebounded during the week ended Friday October 18, but more as a result of lower material availability than better demand.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $300-310 per tonne on October 18, up from $290-300 per tonne a week before."Demand in the US is recovering and we see that some market participants who ar...Read More

The steel trade between the United Arab Emirates and Israel has resumed since the signing of Abraham Accords on August 13, 2020.The Abraham Accords refers to treaties between the UAE, Israel, Bahrain and the United States. Since their signing, the countries have been mutually exporting and importing a variety of products, and trade relations between them were expected to improve in the coming mont...Read More

You may have noticed the platinumprice has fallen well below gold’s price and it continues to underperform the otherprecious metals. What is happening in the platinum market? We see a handful of factors driving the recent declines inplatinum. For starters, it is facing the same challenges we find in the goldand silver markets. The dollarhas been getting stronger, interest rates are rising, a...Read More

(IDEX Online) - The Indian diamond industry will have to adjust to higher taxes after the government announced a rise in import taxes on polished diamonds to 5% from 2.5%.   The announcement was made by Finance Minister Arun Jaitley during his budget speech to Parliament at the end of last week.   The tax will be applicable on natural and laboratory-grown polished diamonds, as well as co...Read More

Vancouver, British Columbia (February 22, 2019) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) wishes to provide a status update on the reinstatement of trading in the securities of Prize. The TSX Venture Exchange (the Exchange) issued a Bulletin on the afternoon of Thursday, February 21, 2019, following confirmation that the Company meets co...Read More

Investors now have until May 15 to bid on blocks that will be awarded to the winning companies by September 15.Read full newsRead More

It's like the whole thing never happened, leaving nothing but sleep deprivation in its wake. The lesson? Actually, there are several...by John Rubino of Dollar CollapseFor just a little while - literally a couple of days - silver stackers saw the light of sudden riches at the end of the tunnel. The Reddit/Robinhood hoards had noticed that the metal was cheap and blatantly manipulated, and therefor...Read More

Gold fell to the predicted level of the prior article.In the past three months, Turkish banks have cashed out gold reserves worth $4.5 billion.Gold shall have a bullish rise till the 161.8% fibonacci resistance level at $1,242.18. In my last article, I was bearish on Gold (GDX, ASA) as I expected it to have a sharp descent. This came true as the yellow metal last week fell till the $1,176 mark. A...Read More

ST JOHN’S, Newfoundland/TORONTO (Reuters) - Canada became the first industrialized nation to legalize recreational cannabis on Wednesday, but a lawful buzz will be hard to come by in its biggest cities like Toronto and Vancouver, which will have no stores open.Weed enthusiasts in Newfoundland and Labrador, Canada’s easternmost province, kicked off the first permissible sales at midnigh...Read More

RAPAPORT... Burgundy Diamond Mines has discovered a "significant" area bearing fancy-color orange and yellow diamonds at its Naujaat diamond project in Canada.The Australian miner completed testing on 70% of the first bulk sample it retrieved last year from the site, in which it holds a 40% stake, it said Wednesday. North Arrow Minerals owns the other 60%. Burgundy will finish testing the remainin...Read More

Turkish rebar and wire rod export prices have continued to increase in line with the rising costs of imported scrap feedstock, although demand was still limited, sources said on Thursday October 17.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey, was $405-410 per tonne on Thursday, up from the $395-400 per tonne of last week.The mills in the cou...Read More

(Reuters) - Wall Street's main indexes surged 1.5 percent at the open on Monday after reports that the United States and China were willing to negotiate tariffs and trade imbalances to avert a trade war.The Dow Jones Industrial Average .DJI rose 394.94 points, or 1.68 percent, to 23,928.14. The S&P 500 .SPXgained 40.73 points, or 1.58 percent, to 2,628.99. The Nasdaq Composite .IXIC added...Read More

RAPAPORT... Newfield Resources will start construction at the Tongo mine in Sierra Leone in the coming weeks, after its board approved final funding for the project. The first diamond production from the mine is expected 12 months after underground blasting begins, the company said last week. "We are delighted to have agreed a funding package that allows us to commence construction of the company'...Read More

Lucara lifted the bottom end of guidance for full year diamond revenue to US$195-210 million, from earlier guidance of US$180-210. Revenue in the September quarter was U$S72.Read More