What goes into determining the gold spot price?Read full newsRead More

Maxtech Ventures Inc. announces restart of the exploration effortRead full newsRead More

New Pacific Metals Corp. is pleased to provide an update on exploRead full newsRead More

Buying and holding fundamentally strong stocks for long can generate a significant amount of wealth as equities outperform other asset classes over time. For instance, on average, Enbridge has generated an annual shareholder return (share price appreciation plus dividend payments) of 15.8% from 1995 to 2019, implying a $3,000 investment in Enbridge stock during that period would turn int...Read More

Should we think of big tech stocks as we've thought about "tech stocks" up until now? I'm not sure anymore. I don't think anyone else should be either.If you told me 10 years ago that Amazon would dominate retail, I'd wholeheartedly agree.If you told me that it'd dominate one of the fastest-growing segments of B2B revenue and profit - cloud storage and processing - I'd raise an eyebrow, but hear y...Read More

The three-month copper and lead London Metal Exchange prices ended the week on the rise, hitting June-2018 and January-2020 highs respectively at the 5pm close on Friday November 20, capitalizing on momentum-based trading which pushed the whole complex up. The three-month copper price closed at $7,277.50 per tonne on Friday, up by 2.6% from Thursday's closing price of $7.093 per tonne, surpassing...Read More

An overview of the new energy raw materials markets and their latest price moves.Susan Zou and Sally Zhang in Shanghai, Carrie Shi in Beijing, and...Read More

After much anticipation and debate, the International Energy Exchange's bonded copper futures contract launched on Thursday November 19 to some fanfare and respectable volume.A total of 8,344 lots traded on the INE's 'BC' contract on Thursday, following up with another 4,893 on Friday, the majority for delivery in March.National Chinese copper behemoths Jiangxi Copper and Minmetals were among the...Read More

An overview of the new energy raw materials markets and their latest price moves.Susan Zou and Sally Zhang in Shanghai, Carrie Shi in Beijing, and...Read More

Adam HamiltonArchivesNov 20, 2020 The mid-tier gold miners' stocks are in this sector's sweet spot for upside potential. After a spectacular run since March's stock panic, they have been correcting since early August. That is doing its necessary work of rebalancing sentiment, paving the way for the next bull upleg. Higher prevailing gold prices have proven a huge fundamental windfall for mid-tiers...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 20.China Continuing tight spot availability and higher raw material costs underpinned the domestic spot market, with prices narrowing upward, breaking nine weeks of stability. The most-traded January ferro-silicon contract price on the Zhengzhou Commodity Exchange closed at 5,890 yuan ($896...Read More

A plus-500m long sub-horizontal high grade shoot has emerged, offering low strip ratio potential. Infill hits reported today included 47m at 1.4% nickel from 66m, within which 13m graded 2.3% nickel.Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 20.AsiaSeaborne prices for high- and low-grade manganese ore fell following lower offers, amid high inventories and weakening sentiment.Falling portside ore prices put additional downward pressure on both grades of material.Portside manganese ore prices of both grades ticked down....Read More

After much anticipation and debate, the International Energy Exchange's bonded copper futures contract launched on Thursday November 19 to some fanfare and respectable volume.A total of 8,344 lots traded on the INE's 'BC' contract on Thursday, following up with another 4,893 on Friday, the majority for delivery in March.National Chinese copper behemoths Jiangxi Copper and Minmetals were among the...Read More

Soaring shipping costs have continued to push the manganese flake market up, with European prices jumping by more than 9% this past week to a nine-month high.Fastmarkets' assessment for manganese 99.7% electrolytic manganese flake, in-whs Rotterdam was at $1,800-1,850 per tonne on Friday November 20, up by 3% from the mid-week assessment of $1,750-1,795 per tonne and by 9.3% from $1,620-...Read More

An overview of the new energy raw materials markets and their latest price moves.Susan Zou and Sally Zhang in Shanghai, Carrie Shi in Beijing, and...Read More

Steel scrap prices have continued to increase in all the major international markets over the past week, amid tightening supply and continued demand for steel, sources said on Friday November 20.Turkish steelmakers returned to the import market, booking cargoes at higher pricesUS East Coast sales slow down, but prices remain highDemand for Vietnamese steel billet drives up scrap pricesTaiwanese mi...Read More

Prices for inter-merchant light iron scrap in the UK market were higher over the week to Friday November 20, adding to gains made the week before amid strong European export markets to Turkey and the Indian subcontinent, sources told Fastmarkets.The British light iron market was likely, along with monthly delivery settlements to domestic consumers in December, to climb more firmly in the near term...Read More

Turkish steel mills completed the week with the purchase of an additional deep-sea scrap market cargo at higher prices, sources told Fastmarkets on Friday November 20.The mills stepped back into the market on the final day of the week to purchase a UK cargo comprising 35,000 tonnes of shredded at $340 per tonne, booked by a steel mill in the Iskenderun region.This compared with the most recent UK...Read More

The base metals were generally upbeat this morning, Friday November 20, supported by demand expectations and a weaker dollar. Metals unfazed by US Treasury Secretary Steven Mnuchin's call not to extend emergency lending programs to businessesEuropean Union still struggling to pass its ?,?1.18 billion ($1.40 billion) coronavirus rescue packageBase metals Three-month base metals prices on the London...Read More