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
Analyst Jayant Bhandari talks to the Investing News Network at PDAC 2018 about the criteria he uses for choosing junior mining stocks and more. ________________________________________________________________Investing News Network (INN)Find out more about investing by INN @http://investingnews.com/Want a FREE investor kit? Download here?+"http://investingnews.com/resource-fre...Follow us Facebook:...Read More
In 2016, an archaeological dig in Bulgaria uncovered this small gold bead...It's just 4 milliliters in diameter and weighs only 0.15 grams, giving the bead's a gold content value of less than $8 today. But to archaeologists, this tiny trinket is priceless. That's because it's the world's oldest known gold artifact.Archaeologists found this gold bead at a prehistoric human settlement in southern Bu...Read More
NEW YORK (Reuters) - Wall Street has been much more excited about the system underpinning bitcoin than the cryptocurrency itself, but the global financial industry has not yet been able to do much with the technology known as blockchain.Reuters has found several blockchain projects launched by major financial institutions that have been shelved, as development of the technology enters a hype-meets...Read More
By: Ira EpsteinGold remains under the 18 week moving average, but had a good day yesterday..Read More
The 6ix Report is your go-to source for timely market news in the mining and resource sector. Our goal is to bring you expert ...Read More
Booz Allen Hamilton trades at a premium PEG in a market that has seen a general P/E compression in 2022. Find out why we rate BAH stock a Sell.Read full newsRead More
By: Ira EpsteinGold continues of the path of trying to breaking down, $1475 area support on weekly chart. Gold in sideways market and difficult to read at times..Read More
CIS export billet prices continued fall this week, reflecting a lack of supportive factors in the market.Fastmarkets MB's daily CIS export steel billet index was $432 per tonne fob Black Sea on Wednesday December 5, a drop of $3 per tonne from yesterday.The increase in Chinese domestic long steel and billet prices early this week has not provided the expected support to prices in Asia - offers of...Read More
Steel slab export prices from Brazil went up marginally in the week that ended on Friday October 19, with producers starting to focus on the North American market, where activity is beginning to revive.Fastmarkets' monthly assessment of Brazil's slab export prices was $500-510 per tonne fob on Friday, up from $490-510 per tonne fob in the previous week.Brazilian companies were heard offering mater...Read More
Deutsche Bank cut its DE price target this morningDeere & Company (NYSE:DE) is trading down 2.4% today at $143.61, as the broader U.S. stock market sells off on recession worries. A bear note from Deutsche Bank is only adding to DE's woes, with the brokerage firm slashing its price target on the stock to $155 from $163 -- a slim 7.5% premium to current trading levels.Diving deeper, Deutsche Bank c...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Amid renewed investor interest in the resource space, industry players are starting to focus on new mine development. With this, already scarce exploration projects are becoming even more attractive. Below, we present eight companies with assets poised for growth.Argonaut GoldArgonaut Gold (TSX: AR) holds mines in Nevada and Mexico and exploration projects in Ontario and Mexico.In mid-October, the...Read More
"Black Tusk Resources Inc. (@tusk_inc) (#CSE: $TUSK)Gold Exploration Company Talks Trenching in B.C.'s Kootenays [https://t.co/SQnR6KNt97]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #gold"Read full newsRead More
JSW Steel Italia, part of Indian steelmaker JSW Steel, plans to resume liquid steel production at the former Aferpi mill in Italy by 2025 via construction an electric-arc furnace (EAF) with financial support from the Italian government, Fastmarkets has learned.Representatives of JSW Steel Italia earlier this week presented an industrial plan for the Piombino, Italy-based mill, formerly k...Read More
China's No.1 gold producer Zijin Mining plans to issue 8 billion yuan (about $1.2 billion) worth of shares in Shanghai to finance the acquisition of Canada's Nevsun Resources (TSX, NYSEMKT:NSU), the biggest overseas purchase since the Beijing-backed miner went public in Hong Kong in 2003.Zijin aims to sell up to 3.4 billion A shares to investors in China, in a plan which is subject to shareholder...Read More
The latest FOMC statement and economic projections signal are that the interest rates will stay at zero until the end of 2023. This is excellent for gold. Yesterday, the Fed issued a statement regarding the FOMC meeting, which was held from September 15-16. The US central bank kept the interest rates and the conditions of its quantitative easing unchanged. The chart below shows the levels of effec...Read More
While the results of an auction of predominantly commercial-quality rough emeralds held in Lusaka, Zambia, from February 18 to 21, had been in line with prior auctions of commercial-quality emeralds, and demonstrated a stable underlying market, there was evident fallout of Covid-19, or the coronavirus, which dampened what might otherwise have been a buoyant result, Gemfields product and sales MD A...Read More
Gold and silver are likely to decline even more. Here's why...by Przemyslaw Radomski via Sunshine ProfitsThe precious metals sector was likely to decline, and it did exactly that. And based on what we just saw, it's likely to decline even more.Once again, the situation yesterday and so far today developed quite in tune with what we wrote yesterday, so today's analysis will take form of a broad up...Read More
My secret? Randomize and focus. We follow the tape. The economies of scale eventually fail. But if you work hard, you can ...Read More
Vancouver-based Blue Sky Uranium Corp. has announced positive results from the preliminary economic assessment of its Ivana uranium-vanadium deposit. The deposit is part of the company's Amarillo Grande project in the Rio Negro Province.The PEA calls for an open pit mine that will produce both uranium and vanadium for 13 years. The pre-production capex will be $128.1 million including $28.3 milli...Read More