We spoke with Dr. Michael Anderson, Managing Director of Firefinch Limited (ASX: FFX) - a gold miner and lithium developer, with two outstanding assets in Mali - the Morila Gold Mine (80% interest) and Goulamina Lithium Project (JV with Ganfeng Lithium). At Goulamina, Firefinch has been busy, with a definitive feasibility study update, paving the way to demerge the Company's share of the Goulamina...Read More
By Other For Kitco News Follow @KitcoNewsNOW Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitati...Read More
Silver sent us a strong signal last week which has big implications beyond precious metals. Meanwhile, a tech giant could soon find itself disrupted by a tech savvy entreprenuer who has a track record of success and is about to leverage the speed of the Solana blockchain. Only the brave go up against giantsFinally, in this week's Insights we provide an update on INK's metaverse in-house strategy....Read More
Sir Brian Bender, chairman of the London Metal Exchange for almost a decade, has died at age 72.Bender joined the LME in 2010, fresh from a lifelong career in the British civil service, and described himself in an interview with Metal Market Magazine on his retirement in 2019 as a "slightly leftfield candidate" for the role.He presided over a transformative period of change at the exchange, includ...Read More
Trading in the European hot-rolled coil market remained slow on Monday November 15, with buyers in wait-and-see mode, sources told Fastmarkets.Distributors have been holding back from making deals until the price trend becomes clear.European producers have been offering first-quarter-rolling coil at high prices, insisting that the increase is necessary due to higher energy and emission costs. In a...Read More
They ruin everything they touch. They make some serious money doing it, but it all gets flushed straight into the pockets of top executives - you know, the ones already way too loaded to care. While they're at it, these mega-corporations water down and monetize any promising discovery until it's a hollow shell of its former self. By the time it trickles down to the public, that shiny new tech h...Read More
Domestic prices for hot-rolled coil in Europe declined slightly in the week to Friday November 12 amid subdued trading activity in the spot market.HRC buyers across Europe were largely maintaining a wait-and-see attitude during the week.European mills were still able to offer fourth-quarter HRC to the spot market at lower prices due to slowed demand from the automotive industry. Notably, some volu...Read More
Domestic steel reinforcing bar prices in Russia's Central Federal District around Moscow corrected downward by $14-27 per tonne on increased supply from mills in the region during the seven days to Monday November 15."Demand remains high. We don't exclude that the government will have to take some action again to cool down rebar prices, like they did in summer," one large trader source told Fastma...Read More
LONDON, Nov 15 (Reuters) - Royal Dutch Shell (RDSa.L) said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas.The company, which long faced questions from investors about its dual structure and had recently been hit by a Dutch court or...Read More
Steel rebar and wire rod producers in the Commonwealth of Independent States reduced export offer prices in response to lower bids coming from foreign customers since the beginning of November.Wire rod offers from Ukraine's main long steel supplier - ArcelorMittal Kryvyi Rih - slid to $860-870 per tonne fob Black Sea from $900-910 per tonne fob earlier in November.Meanwhile, Russian material was a...Read More
The Egyptian Ministry of Industry and Trade has suspended safeguard duties on imported billet and rebar, effective Monday November 15.The measure suspends import duties that had been in effect in the country since October 2019 to help local industry combat the significant rise in energy and shipping costs.There had been expectations that the duties would be removed in June this year, but the...Read More
Turkey's domestic auto bundle scrap prices have increased due to a weakening lira, while ship scrap prices have been largely stable, market participants told Fastmarkets on Monday November 15.The Turkish lira weakened further against the United States' dollar after the Turkish central bank cut the benchmark interest rate by 2% to 16% late in October.The central bank was expected to cut the interes...Read More
Seaborne iron ore prices slipped slightly on Monday November 15 amid continuous weak demand from Chinese steel mills, which have begun formal production curbs for the winter heating season as of today, market sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $89.05 per tonne, down by $0.64 per tonne62% Fe low-alumina fines, cfr Qingdao: $90.26 per tonne, down by $1.13 per tonne5...Read More
Kitco News, Released on 11/15/21The problem with the "inflation is transitory" argument is that it overlooks the growth in money supply, said Willem Middlekoop, founder of Commodity Discovery Fund.Middlekoop spoke to Kitco on Friday at the Deutsche Goldmesse show in Frankfurt, Germany.https://www.kitco.com/commentaries/20... The Biden administration and Fed officials have stated that inflationary...Read More
Liberty and Finance, Released on 11/14/21 (Recorded on 11/9/21)"There's something broken with the economy," says Dave Collum. "There are no truck drivers. No one can get workers." It's not a booming economy as some purport, he says. "It's a completely malfunctioning economy." Find Dave Collum on Twitter @DaveBCollum.This interview was recorded on Nov 9th, 2021.0:00 Intro2:01 Inflation12:12 Wage in...Read More
Wall Street Silver, Released on 11/14/21Adrian Day explains how the Fed's policies are destroying a generation. We also dive into the Fed taper and how that historically affects gold and silver prices. Adrian Day is the founder of Adrian Day Asset Management.Adrian Day is the president of Adrian Day Asset Management. Mr. Day spent many years as a financial investment writer, where he gained a larg...Read More
I LOVE PROSPERITY, Released on 11/14/21In this video, we talk to Steve Penny about investing in some areas others than gold, silver and uranium. steve shows us so historical charts that illustrate where the most undervalued assets are, with respect to gold, silver and uranium. steve talks about why he thinks commodities and mining stocks are so important, and what you can do about it. Steve Penny...Read More
Citizen Free Press, Released on 11/13/21Tim Pool went viral yesterday with this clip and was trending #1 for most of the day.Word ??'? Tim Pool ??(TM)?#timpoolranthttps://t.co/ScCQyPH8VJ pic.twitter.com/s1CKHMWIc2- Richard (@RJF_84) November 13, 2021 Tim Pool snaps... Red pill activated... added by Herman James on 11/15/2021View all posts by Herman James ?+'Read More
RT America, Released on 11/14/21On the show, Chris Hedges discusses the second war on terror with the journalist, Glenn Greenwald.The liberal and Democratic Party elites have seized on the January 6 mob assault on the U.S. Capital as the domestic equivalent of the attacks of 9/11. Joe Biden calls the storming of the Capital "the worst attack on our democracy since the Civil War." Rep. Liz Cheney,...Read More
Bloomberg, Released on 11/12/21Mohamed El-Erian, a Bloomberg Opinion columnist and chief economic adviser at Allianz SE, says this will go down in history as one of the worst inflation calls ever by the Federal Reserve.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global invest...Read More