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
By: Ira EpsteinGold remains under the 18 week moving average, but had a good day yesterday..Read More
(IDEX Online) - Ten women designers have each created a limited edition of 10 affordable engagement rings, all using ethically and sustainably sourced diamonds from Botswana. They were challenged to re-design the iconic symbol of love for the Ten/Ten project, all using diamonds under a carat from De Beers. The 100 rings will be sold exclusively on Blue Nile from January.New York-based M...Read More
Chinese steel exporters are bracing for a tough year end and an equally challenging 2020, even as the trade war between China and the United States mellows after a truce reached in early October.A source at a major steelmaker in eastern China expects the export market for Chinese steel to worsen in the months to come, even if the US holds off on increasing its tariffs on Chinese imports. "The truc...Read More
Zinc producer Trevali has begun trucking ore concentrate at its mothballed Caribou mine in the Canadian province of New Brunswick, the company said on Tuesday March 30.The activity follows the producer reopening the Caribou mine in mid-January. It had been on care and maintenance from March 2020.The Caribou mine's last full year of activity was 2019, when it recorded 34,017 tonnes of zinc producti...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN Index made a final plunge as low as 1108.56 before it embarked on a powerful turnaround. The Index ended the week at 1151.95 with a 1.5% or 17.5-point gain, as world markets rebounded with gusto.For the last couple of weeks, including in last week's blog post "Dives...Read More
Turkish steel producers continued to book deep-sea scrap cargoes and also confirmed other earlier transactions on Friday October 26, pushing prices upward.Details came to light on the two cargoes reported on Thursday.A steel mill in the Marmara region booked a Baltic Sea cargo comprising 25,000 tonnes of HMS 1&2 (80:20) at $333 per tonne cfr and 5,000 tonnes of bonus grade at $342 per tonne cfr.Ad...Read More
Tomwoods.com (via Lewrockwell.com), Released on 6/7/22Remember what a catastrophic health decision this was supposed to have been? The numbers must be through the roof, right? Let's take a look:Continue... What Happened After Masks Disappeared From Planes? added by Herman James on 06/08/2022View all posts by Herman James ?+'Read More
Three-month base metals prices on the London Metal Exchange were up across the board this morning, Monday April 6, as were gold and silver prices.Continued declines in the daily Covid-19 death tolls reported in Italy and France have lifted hopes that the virus can be brought under control, as seen in China. * Chinas financial markets are closed on Monday for a public holiday, but other Asian...Read More
Oct 11 (Reuters) - Coal miner Peabody Energy said on Thursday it intends to permanently seal the area where high methane levels have been concentrated after it reported fire in parts of its North Goonyella mine in Australia's Queensland last month.The company said three of the mine's five openings remain temporarily sealed to reduce air flow into the mine and issued force majeure notices to coal...Read More
Note: A.M. image courtesy of website.HighlightsHead of Research at GoldMoney, Alastair MacLeod makes his show debut on Thanksgiving Day, 2018. Listeners are encouraged to bookmark his weekly commentary at Goldmoney Insights. The Bank of England (BoE) refused to honor its custodial arrangement and return 14 tonnes of gold held on behalf of Venezuela (MacLeod, 2018). Standard anti-money launde...Read More
Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Monday November 12.Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Monday, dragged down by a strong dollar and negative sentiment surrounding the ongoing trade spat between the United States and China. Only zinc managed to buck the downward...Read More
This Trends with Benefits podcast episode offers caregiving tools and tips to those in the "sandwich generation" and explains how ...Read More
The price of steel mesh-quality wire rod in the European domestic market was unchanged this week, with trading still heavily subdued because of the seasonal summer slowdown, participants told Fastmarkets on Wednesday August 21.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was ?,?485-510 ($538-565) per tonne on Wednesday, unchanged week...Read More
* Discount for cash over 3-month copper contract narrows * Alumina prices help fuel aluminium's climb to 2-month high (Updates with closing prices, adds comment)By Pratima DesaiLONDON, Aug 29 (Reuters) - Copper prices eased on Wednesdaydue to worries about demand in top consumer China after a stateplanning official said there were increasing risks to growth inthe second half of the year.Benchmark...Read More
"Wow. Impeachment over this?" Sen. Lindsey O. Graham (R-S.C.) said Wednesday. "What a nothing (non-quid pro quo) burger."Continue...Read More
Steel H-beam prices in Northern and Southern Europe were flat week on week ahead of the expected seasonal slowdown in August, sources told Fastmarkets on Wednesday August 7.Fastmarkets assessed the price for steel beams, domestic, delivered Northern Europe, at ?,?570-600 ($639-672) per tonne on August 7, unchanged from the previous week.Prices and demand have remained firm with the market heading...Read More
UK-based conglomerate GFG Alliance has finalized the purchase of manganese alloy smelter Tasmanian Electro Metallurgical Co (Temco) in northern Tasmania, Australia, from Western Australia-based miner South32.The deal was subject to a binding sale and purchase agreement with South32 and Anglo American, made in August last year, and meant that Temco would join Liberty Steel Group as part of the GFG...Read More
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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
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