Trade unions at Liberty's Czech-based Ostrava plant have announced a strike alert amid allegations that the plant's emissions allowances will be lent to another Liberty-owned steel mill, Fastmarkets heard.Earlier this week, the OS KOVO trade union warned of a readiness to strike at Liberty's Ostrava plant amid market concerns about the parent company's financial sustainability.Liberty Steel has be...Read More
Bitcoin provides no true portfolio diversification, says WGC's John ReadRead full newsRead More
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* Platinum hits a low since March 31 at $1,164.50/oz * U.S. CPI data due on Tuesday * Russia's Nornickel expects full output to resume at flooded mine (Updates prices) By Shreyansi Singh April 12 (Reuters) - Gold fell on Monday as an uptick in U.S. Treasury yields weighed...Read full newsRead More
The new suggestions have made global headlines - with the dairy industry angry at being left out. But one major health organization said it was 'pleased with the federal government's overall direction'Read full newsRead More
Fabled Silver Gold Corp. is pleased to announce that it has increRead full newsRead More
The Vancouver Real Estate market experienced both record sales and new listings in March. So what does this all mean? A deep dive analysis on the current mar...Read full newsRead More
Hut 8 mining is one of the largest and most innovative Bitcoin mining companies in the world. There are several advantages that set them apart and they are t...Read full newsRead More
I am excited to bring you an exclusive tour of Hut 8's mining facility located in Medicine Hat Alberta.Disclaimer This content is for informational purposes ...Read full newsRead More
Canada's main stock index TSX rose on Thursday, driven in part by rising gold prices against lower US Treasury yields and a weaker dollar. One of Canada’s major gold miners Barrick Gold Corp also posted gains on a positive earnings forecast. Canadian gold miner Barrick Gold Corp ABX.TO rose 1.6% as it maintained its full-year outlook. Despite a fall in gold production slipped by 9...Read More
The rally off the 2020 market crash has taken the TSX Index to new highs. Investors who missed the rebound are searching for cheap stocks that might still have decent upside potential.Why Crescent Point Energy stock could soarInvestors who bought Crescent Point Energy (TSX:CPG)(NYSE:CPG) stock for $1 last year have chalked up some huge gains. At the time of writing, the shares trade for $5. The ea...Read More
Gold stocks have been on the move lately, inching higher over the past two to three weeks. A bottom may be in, which means gold stocks can move higher.A formidable force that could drive gold prices higher is the money printing from central banks around the world. This act is devaluing fiat currencies and should push gold prices higher. This will, in turn, push gold stocks higher.Franco-NevadaWhen...Read More
For more than a year now, I've been arguing that the rate of inflation isn't what the government or the Fed says it is.It's actually much higher.And I'm not the only one who thinks so. As we get further and further into the "recovery" more and more data is coming to light to prove my point. However, it's not enough just to accept that we're being lied to. It's just as important to talk about wh...Read More
Apr 16, 2021 Guest(s): Jim Rogers Money will become more and more digitized, according to Jim Rogers, investor, best-selling author, and co-founder of the Quantum Fund, but the question is whether or not non-government issued digital currencies will prevail."If cryptocurrencies become successful, most governments will outlaw it, because they don't want to lose their monopoly, every government i...Read More
Almost all base metal futures prices rose by over 3% in the week ending Friday April 16, despite falling lower from their readings on Thursday, boosted in part by a US dollar index that has been at its lowest in a month. Copper's three-month price closed on Friday at $9,211 per tonne, up 3.9% since Monday, when its 5pm price was of $8,861 per tonne. The metal reached $9,353.50 per tonne during tra...Read More
Fastmarkets' benchmark copper concentrate index ended three weeks of declines on Friday April 16 with a 7.3% uptick week on week. Chinese smelters are mostly well-covered for production needs for the second quarter, with only a few June and July parcels sold at the mid-$20s per tonne...Read More
Lead stocks in Shanghai Futures Exchange-registered warehouses climbed by 24.1% in the week to Friday April 16, due to seasonal weakness, while production cuts in Yunnan province caused tin inventories to fall 5.9%.According to the exchange's latest stocks report, lead stocks stood at 65,444 tonnes on Friday, up 12,692 tonnes from 52,752 tonnes the a week earlier, while tin stocks declin...Read More
Key data from Fastmarkets' pricing sessions on Friday April 16 in China, Europe and the United States.China The China ferro-silicon price continued to narrow downward in alignment with the lowering of steel mills' tender prices for 72% grade alloys and the availability of inventory. Smelters in Ningxia and Qinghai were ramping up production, which largely offset the supply shortage arising from...Read More
Bob Moriarty ArchivesApr 16, 2021I have covered the Novo saga for almost a decade now andhave even written a book covering the story right up to the first gold pour eight weeks ago.I was part of the story going all the way back to 1977 when I took a Rockwell 685 from Florida to Australia for Lang Hancock, the 2nd richest man in the country. I had with me the son-in-law of Hancock who managed to bo...Read More
Key data from Fastmarkets' pricing sessions on Friday April 16 in China, Europe and the United States.China Seaborne low-grade manganese ore prices declined after major suppliers cut their offers and buyers showed a healthy appetite for offers that matched portside prices. Seaborne high-grade manganese ore prices also fell, with existing offers rejected by buyers, who cited low portside prices. Po...Read More