Forget gold and silver for a moment.Do you hear the music? Yes, it’s coming from the mining ETFs club. But how longwill the party last?And more importantly, why miners, you mayask? Because miners tend to outperform in the early days of a major rally.Afterclosing only $0.10 below myinitial downside target of $31 on Mar. 1 , the GDX ETF could be ripe for an upward revision. Able to ignore much...Read More

Stocks sharply reversed intraday, and closed just wherethey opened the prior Friday. That indicates quite some pressures, quite somesearching for direction in this correction that isn‘t over just yet. Stockshave had a great run over the past 4 months, getting a bit ahead of themselvesin some aspects such as valuations. Then, grappling with the rising long-termrates did strike. So did inflati...Read More

Taiyuan Iron & Steel (Tisco) plans to triple its annual output of stainless steel products by 2025, according to its general manager Gao Jianbing.The mill - China's second-largest stainless steel producer - plans to raise its annual crude steel output to 25 million tonnes by that year. Of these,...Read More

Falsified steel production records are undermining China's crackdown on industrial pollution, especially in key steelmaking city Tangshan, the Ministry of Ecology and Environment said on Thursday March 11.Unannounced checks by ministry officials on four steel mills in the city had found that the mills had "doctored and deleted production records" and "tipped each other off" about the spot checks....Read More

Here are five Fastmarkets stories you might have missed on Thursday March 11 that are worth another look.Europe's proposed Carbon Border Adjustment Mechanism (CBAM) has been approved by a firm majority in the European Parliament and is expected to help to preserve the region's steel supply chain, industry...Read More

Apart from industrial use, silver also exhibits high volatility. What's more, decarbonization efforts and focus on renewable energy will give...by Michael KucharGold is a safe haven for investors in times of uncertainty. Investors rush to accumulate precious metals when conventional paper investments such as stocks decline or experience volatility. For this reason, gold had a good run in 2020 due...Read More

The Comex still has metal, but outflows have increased, and in some cases, it's taking a bit longer to get delivery. Significant demand from...Bob Coleman on Palisades Gold RadioTom welcomes Bob Coleman back to the show, and he brings his insight into the precious metals space and the overall complexities of futures markets.To subscribe to our newsletter and get notified of new shows, please visit...Read More

The draining continues, unabated...by J. Johnson via JS MinesetGreat and Wonderful Friday Morning Folks, Gold is trading at $1,701.30 down $21.30 and right close to the usual low of London at $1,696.60 with the high to beat at $1,726.10. Silver is leading the beatings, even though the inventory arguments persist, with the trade at $25.595, down 59.8 cents after the dip down to $25.48 w...Read More

The breathtaking image belies a dark history of environmental destruction.Read full newsRead More

Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More

"On March 12, 2020, as the pandemic spread through the US, the S&P 500 plunged 9.5% in its steepest one-day fall since 1987."On Friday, it closed up 0.1% to a new record closing high of 3,943.34.Later this week, markets will be watching out for the results of the US Federal Reserve's Federal Open Market Committee meeting."My own view is they leave their rates projections unchanged, which shoul...Read More

Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More

Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More

Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More

Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More

Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More

RAPAPORT... Members of the jewelry industry are confident that US sanctions on Burmese gems will have a positive impact by punishing leaders of the Asian country's military coup without damaging the trade.The Myanmar army seized control of the country on February 1. On February 11, US President Joe Biden's administration banned US companies from transacting with three entities that, it claime...Read More

RAPAPORT... Diamond Standard has launched an initial $25 million offering of new diamond coins, which can be traded on the market as a regulated commodity, similarly to gold.The company will purchase 50,000 natural, round brilliant diamonds through the Diamond Standard Exchange, which will be set into 5,000 tokens and issued at a price of $5,000 apiece. The IGI and the Gemological Institute of Ame...Read More

RAPAPORT... The World Jewellery Confederation (CIBJO) has launched a new website to inform the jewelry trade and consumers of the proper terminology for describing lab-grown and natural diamonds.The website - called "What Is a Diamond?" - refers to diamonds as "a mineral consisting essentially of carbon that crystallizes in the isometric (cubic) crystal system," CIBJO said last week. Natural also...Read More

(IDEX Online) - Signet Jewelers has handed over $4m to a children's cancer hospital, much of it raised from customer and employee donations.The company, which has almost 2,900 retail outlets worldwide, has raised $81m in the last 22 years for the St. Jude Children's Research Hospital, in Memphis, Tennessee, USA."Our partners, their employees and customers continue to have big hearts for...Read More