Cadence Minerals has started the shipment of iron ore from stockpiles at its joint venture Dev Minera????o's, in Brazil's northern Amap?? state, the company said on Monday March 29.The shipment, which is the first since the site was closed in 2015, is for 45,000 tonnes of iron ore that due to sail this week. Fastmarkets' index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao was calculate...Read More

Joe Rogan accidentally lets it slip that Spotify is censoring his show, as many people suspected there were strings attached to his purported 100 million dollar deal with them for his podcast. Read More

One would have hoped that if the global financial community had learned one lesson from the covid crisis, it would be that companiesContinue...Read More

Asia will soon be hit by a "steel tsunami", a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.Looming China export rebate cutThe looming export rebate cut in China, possibly from 13% to 9%, is likely keep prices higher in the coming months, he said."We are already seeing this effect now, with...Read More

More than 2 weeks after the media predicted catastrophe due to Texas lifting its mask mandate and Joe Biden labeled the move "neanderthal thinking," Continue...Read More

"According to the Census Bureau American Housing Survey, 32% of renters reported that they would move in with friends or family members upon eviction, which would introduce new household members and potentially increase household Continue...Read More

The United States government has shoveled itself into a $28 trillion hole. How does it plan to Continue...Read More

Asia will soon be hit by a "steel tsunami", a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.Looming China export rebate cutThe looming export rebate cut in China, possibly from 13% to 9%, is likely keep prices higher in the coming months, he said."We are already seeing this effect now, with...Read More

The transaction and the implications for Troilus Gold are discussed in a Haywood Securities report. In a March 23 research note, Haywood Securities analyst Pierre Vaillancourt reported that Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) agreed to acquire, for CA$19 million in an all-share deal, all of the shares of UrbanGold Minerals Inc. (UGM:TSX.V) that it does not already own. The transaction is ex...Read More

Sector expert Michael Ballanger sings the praises of rural life and of two of his holdings, Getchell Gold and Norseman Silver. In early January, I decided that the extra pounds I was carrying around was a definitive mortality check for any sexagenarian lucky enough to be in generally good health, but sufficiently slovenly and undisciplined to allow such to happen. So, with great and good intentio...Read More

A maiden resource estimate is in progress for Liberty Gold's Black Pine project. Three Liberty Gold Black Pine DiscoveriesLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release the results of the final 35 reverse circulation (RC) drill holes placed at its Black Pine oxide gold property in Idaho."We are happy to finalize all of the RC drilling from the 2020 program, which was highly...Read More

Grande Portage Resources reported that recently received assay results confirm the expansion of the mineralized zones to the east and at depth at its Herbert Gold Project in S.E. Alaska. In a news release, gold exploration company Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQB; GPB:FSE) announced "the remainder of the assay results from its 2020 drilling program on the Herbert Gold Project...Read More

Newrange Gold makes this move at Pamlico after interpreting the induced polarization survey recently completed there. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTCQB) announced in a news release it expanded its property at its Pamlico project in Nevada based on the broadened induced polarization (IP) survey there showing anomalous chargeability outside the original boundaries. "The new IP survey has...Read More

In Europe, ferro-silicon suppliers will be targeting ?,?1,600 per tonne in the next few weeks after the market hit ?,?1,550 ($1,828) per tonne on Friday March 26 for the first time since April 2018 in a recent resumption of a longer-term uptrend since last August when prices were as low as ?,?860 per tonne, sources said.Producers are almost all sold out for deliveries between April and June and ar...Read More

Peter Krauth, editor of Gold Resource Investor, looks at the Fed's actions and what they augur for gold. This week Fed Reserve Chair Jerome Powell spoke at the "Innovation Summit" hosted by the Bank for International Settlements.During his talk, he dissed Bitcoin and cryptocurrencies saying they were "…highly volatile and therefore not really useful stores of value, and they're not backed b...Read More

Both Powell and Yellen testified before Congress. They sounded upbeat on the U.S. economy, but gold’s reaction was weak.What a combo! Both Fed Chair Jerome Powell and the U.S. Treasury Secretary Janet Yellen testified before Congress this week. They spoke about the economic response to the economic crisis caused by the Covid-19 pandemic and the Great Lockdown .In his prepared remarks , Powel...Read More

Cadence Minerals has started the shipment of iron ore from stockpiles at its joint venture Dev Minera????o's, in Brazil's northern Amap?? state, the company said on Monday March 29.The shipment, which is the first since the site was closed in 2015, is for 45,000 tonnes of iron ore that due to sail this week. Fastmarkets' index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao was calculate...Read More

Here are five Fastmarkets stories you might have missed on Monday March 29 that are worth another look.Asia will soon be hit by a "steel tsunami," a veteran trader in Vietnam told Fastmarkets recently, with a combination of factors expected to keep prices high into the second and third quarters of 2021.Fastmarkets' premium for...Read More

Cadence Minerals has started the shipment of iron ore from stockpiles at its joint venture Dev Minera????o's, in Brazil's northern Amap?? state, the company said on Monday March 29.The shipment, which is the first since the site was closed in 2015, is for 45,000 tonnes of iron ore that due to sail this week. Fastmarkets' index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao was calculate...Read More

CIS producers of steel rebar and wire rod have continued to give discounts to foreign customers amid increased competition, particularly with Turkish suppliers, which reduced prices in the week ended March 26 amid falling scrap costs and a depreciation of the Turkish lira.Wire rod offers from Russia were heard on Monday March 29 within the range of $670-685 per tonne fob Black Sea, depending on su...Read More