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
DHY allocates primarily to high-yield corporate bonds with a pocket of CLO debt. See why the CEF provides an attractive entry point for new investors.Read full newsRead More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsSierra said EBITDA of US$12 million in Q1 2019 compared with $27.4 million in 2018, and operating cash flow shrunk from $27.4 million in the first three months of 2018 to $11.8 million. Revenue from copper, zinc, lead, gold and silver output was down from $61.7 million to $49.2 million year-on-year as lower metal prices compounded p...Read More
Although global stock markets had moderate gains today, U.S. equities were once again under dynamic pressure which resulted in a 600+ decline in the Dow Jones Industrial Average. The Dow lost 608 points (-2.41%) in trading and is currently fixed at 24,583.42. The NASDAQ composite also had substantial losses in trading today, and after giving up almost 4 1/2 %, today's 321-point decline takes the...Read More
According to a recent Empower Retirement survey, 66% of respondents said they don't understand what "rebalancing investments" means. A similar percentage, 69%, said they don't know what "asset allocation" means. And the survey found that millennials in particular find financial terms difficult to understand.I'd say it's not just the younger generations struggling to understand today's financial ja...Read More
This week's episode features a recording from AME Remote Roundup of Wheaton Precious Metals president & CEO Randy Smallwood, who discusses ESG initiatives and what role streamers can play to improve society. Randy discusses how sustainability is a core value for Wheaton Precious Metals and how the company is focused on a long-term perspective, not only for the projects it funds but for the surroun...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
Gold investors should love presidential hopeful Elizabeth Warren. Her plan to lower the value of the dollar will likely cause inflation, capital flight, and a currency war -- any of which have the potential to boost gold prices. And if all happen together, then bullion will do even better. If Warren eventually gets elected to the White House and then enacts that policy, investors should consid...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) and the Pakistan government have agreed on the structure governing the funding and profit-sharing of the US$7 billion Reko Diq copper-gold deposit.The agreement in principle sets a partnership between Barrick, the Balochistan provincial government (where the project is located) and Pakistani state-owned enterprises, the company said on Tuesday.The operation wil...Read More
Great Panther Mining (TSX:GPR; NYSE:GPL) (Read full newsRead More
Gold continues tolanguish near major lows after a rough summer, deeply out of favor with traders. Oddly this leading alternative investment seemsoblivious to the first inflation super-spike since the 1970s. That should be driving big gold demand, fuelinga major upleg. But that classic inflationaryresponse has been temporarily delayed by heavy-to-extreme gold-futures selling. ...Read More
By: Ira EpsteinBears do not like to short in an oversold market. Gold moving off the lower volatility band, resistance area $1,485 area. $GDXJ at resistance at the 18-DMA, $GDX...Read More
Aurubis expects high copper prices and consequent availability of scrap metal to boost its earnings for its 2021 financial year beyond previous forecasts, it said in a release to investors on Thursday January 21. The German smelting company, which is Europe's largest copper and tin producer, raised its forecast earnings for the financial year ending September 2021 before taxes to ?,?270-330 m...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Activity in China has picked up, and although the impact from the Covid-19 did not spare the country with its gross domestic product contracting at its largest rate since recording began in the 1990s, the latest crude steel output figures for April from China's National Bureau of Statistics show a strong recovery, albeit sti...Read More
All the big iron ore miners have been sold down since hitting multi-years highs last month, with some of the selling almost certainly the result of profit-taking thanks to a better-than-expectedRead More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterWest Texas Intermediate crude for March delivery gained 98 cents to $64.47 on the New York Merc, while Brent for March gained 93 cents to $69.96 (all figures in this para U.S.). Western Canadian Select traded at a discount of $26.75 to...Read More
This project offers exploration upside potential for a multimillion-ounce discovery in a Tier 1 jurisdiction, said the company that owns it. Learn why it is rated Strong Buy.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) began a maiden drill program at its Cuprite gold project in Nevada's historical Walker Lane trend, it announced in a news release.Envirotech Drilling will carry out the work, comp...Read More
High demand for pig iron, mainly in Asia, has supported further price growth in the export pig iron market in Brazil, sources told Fastmarkets during the week ended Friday January 17.Fastmarkets' weekly price assessment for pig iron, export, fob port of Vitoria/Rio, was $320-325 per tonne on Friday, up by $5 per tonne from $315-320 per tonne a week earlier.A cargo of 60,000 tonnes was bought for t...Read More
(IDEX Online) - Year-on-year diamond prices for February were up 1.9 per cent, the biggest monthly increase for over two years. They have been climbing for almost a year now and appear to be finding their level after recovering from the doldrums of the first Covid waves. After the disruption of the early months of the pandemic, the graph has resumed its traditional wave pattern. Monthly prices wer...Read More
The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets...Read More
We got the very sad news today, Nov. 22, 2015, that Dave McGowan passed away from cancer at 12:47 p.m. - Truth and ShadowsWe missed the anniversary of McGowan's death, which was yesterday, but he was one helluva a writer, exposing in brief books the"directed history" of the modern era. So, we'll remember him today. We've written about him before, here.He died of an extremely aggressive form of l...Read More