The decay of America’s middle class has been well documented and many commentators have explored the causes.This decay isn’t random; the income of the middle class isn’t going to suddenly increase at 15 times the growth rate of the income of the top 0.1%.The income of the top 0.1% grew 15 times faster than the incomes of the bottom 90% because that’s the only possible outpu...Read More

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Read More

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets...Read More

A summary of Russian miner Nornickel's production results for the first quarter of 2021 as stated in a company announcement released on Monday April 19.In brief: Production of copper and nickel was down 21% and 10% respectively year on year - the company continues to face challenges caused by an accident at the Norilsk Concentrator and production delays at its Oktyabrsky and Taimyrsky mines due to...Read More

Key data from Fastmarkets' pricing session in China on Friday April 16.Key drivers Limited activity in the market, with inquiries and deals thinning. Ample supply owing to Chinese smelters having resumed operations...Read More

Japan's aluminium seaborne spot market has rebounded strongly after a quiet 2020 that was characterized by thin spot trading volumes and buyers asking to defer deliveries - and the benchmark premium could keep rising.Activity has picked up dramatically in the second quarter of 2021, with constrained domestic supply propelling spot trades as high as $170 per tonne.Last week, a spot deal was heard a...Read More

After years of neglect, uranium stocks have been enjoying time in the sun. What's interesting is that today's spot price of US$30 per lb., while considerably higher than it's multi-year low in 2016 of US$18 per lb., is still below the level needed for most producers to make a profit and well below that needed to incentivize new mine construction. There's no question that positive sentiment has b...Read More

This week's episode features an in-depth interview with CPM Group managing partner Jeffrey Christian on his view of the commodities 'supercycle' narrative, as well as copper, palladium and macroeconomics in general. Jeffrey was previously the head of commodities research at J. Aron & Company, which was acquired by Goldman Sachs, and formed CPM Group through a management buy-out of the commodities...Read More

Vale (NYSE : VALE) has inked a deal to acquire Mitsui & Co's stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the fossil fuel and become carbon neutral by 2050.The company is buying the 15% interest in the venture held by Japanese trading company Mitsui for a token fee (US$1), as well as Mitsui's interests in the Nacala L...Read More

Alamos Gold (TSX: AGI; NYSE: AGI) is seeking to obtain more than US$1 billion from Turkey for what it deems as "unfair and inequitable treatment" of its Kirazli gold project, which has been halted since 2019 following protests and the expiration of the mining permit.The Toronto-based miner and its Netherlands units, which have had an active presence in Turkey since 2010, said the claim will be fi...Read More

The S&P/TSX Venture Composite Index fell 1.55% to finish the trading week at 944.46. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50 per ounce.Gold Mountain Mining climbed 48 ? to $1.92 per share. The company reported high-grade intercepts from the down-dip portion of its Phase 1 drill program on its 100%-owned Elk gold project in south-central British Columbia, about 325 km northeast o...Read More

The Dow Jones Industrial Average rose 1.18% to finish the week at 34,200.67 and the S&P 500 fell 0.77% to 3,913.10. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50 per ounce. Rio Tinto jumped US$5.39 to US$84.79 per share. The company has increased its 2021 exploration budget for the Citadel copper-gold project in Western Australia, a joint venture with junior Antipa Minerals. Rio Tin...Read More

'Commodities nailed the best week'Read full newsRead More

Rio lifts iron ore shipments despite multiple challengesRead full newsRead More

Global miner Rio Tinto Ltd reported lower quarterly iron ore output on Tuesday as wet weather and labour shortages impacted its mine and port operations in Western Australia.Read full newsRead More

Inflation expectations are rising, as the government continues to pump in more and more stimulus into the economy. The U.S. dollar remains weak in this environment, and bond yields are still, historically speaking, very low. Real interest rates remain negative, paving the way for commodities to take off.This environment should be bullish for gold. And it has been. However, many gold investors may...Read More

Canadian investors are searching for undervalued stocks that have the potential to deliver massive gains in 2021 and beyond.Why Crescent Point Energy stock looks cheapCrescent Point Energy (TSX:CPG)(NYSE:CPG) went from $47 per share in 2014 to below $1 at the lowest point of the 2020 market crash. Since then, the stock has enjoyed a nice bounce, and more gains should be on the way.Crescent Point w...Read More

World-class swine Bernie Madoff died in prison yesterday at the tender age of 82.I'll start by saying that I never take any pleasure in a man dying behind bars, regardless of what they've done. However, in Madoff's case, I sincerely doubt that anyone is shedding a tear for perhaps the biggest swindler in financial history. He was a man without a conscience who cost thousands of investors their ent...Read More

People mistake the stock market as a popularity contest sometimes. The father of value investing, Benjamin Graham, once said that the markets act like a voting machine in the short run. Often, sentiment is the basis for valuating companies, not fundamentals.The same thing applies to dividend stocks. Blue-chip stocks are the more popular ones because they are matured companies. However, other divid...Read More

The exuberance around electric vehicles (EVs) has sent related stocks to the moon. The frontrunner Tesla is up almost 400% in the last 12 months. Though valuation concerns have brought the stock lower in the last few months, the excitement around EVs will not wane soon. So, if you are looking for attractive, reasonably valued, alternative EV stocks, consider Orocobre (TSX:ORL).Orocobre and EV boom...Read More