Share this articleThe Grosso Group is the management company for Golden Arrow Resources Corp. [GRG-TSXV; GARWF-OTCQB; GAC-FSE]. Founded in 1993, it is recognized as an early mover in mineral exploration in Argentina. The discovery of three multi-million ounce precious metal deposits and partnerships with industry majors such as Barrick, Viceroy/Yamana, Teck and Rio Tinto makes it clear Argentina h...Read More

Share this articleTORONTO - Barrick Gold Corp. reported a second-quarter profit of US$357 million, up from $194 million in the same quarter last year, as its realized gold price climbed 30 per cent.The Toronto-based gold miner, which keeps its books in U.S. dollars, says it earned 20 cents per share for the quarter ended June 30 compared with a profit of 11 cents per share a year ago.Revenue tota...Read More

Domestic prices for steel hot-rolled coil across Europe were fairly stable in the week ended Friday August 7, but the mood in the market was bullish.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?413.46 ($487.19) per tonne on August 7, up by ?,?0.96 per tonne week on week and up by ?,?10.33 per tonne month on month.Friday's index was based on "w...Read More

Sentiment in the Northern European hot-rolled coil market has remained positive despite slow trading activity, sources told Fastmarkets on Monday August 10.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?414.17 ($488.03) per tonne on Monday, up by ?,?0.71 per tonne from ?,?413.46 per tonne on August 7.Monday's...Read More

This is Dr. Allen Alper, Editor-in-Chief of Metals News, interviewing Dr. Caigen Wang, Managing Director of Tietto Minerals (TIE.ASX), who has a 2.2-million-ounce gold resource in the Abujar, Cote d'Ivoire project in the central west of Ivory Coast. The Company has been rerated because of a major increase in the resource and grade that was based on September 2019 drill results. They recently concl...Read More

Gold is hot. Record-breaking prices and demand for gold bullion have thrust the yellow metal back into the media spotlight.With renewed attention to gold, discussions and fears have resurfaced over government confiscation. Do an internet news search for the term "gold confiscation" and you'll find many recent articles exploring the subject.Many of these articles claim the U.S. government could con...Read More

Steel market participants anticipate China's "dual circulation" policy will to boost steel demand for the remainder of 2020, with the more self-reliant economic model aiming to offset slowdowns caused by the Covid-19 pandemic and US-China political tensions. Chinese President Xi Jinping announced in late July that China will focus on a "dual circulation" development model, which ensures a more sel...Read More

Here are five Fastmarkets stories you might have missed on Monday August 10 that are worth another look.Production activity has come under threat at Belarus Steel Works (BMZ) with workers protesting against the result of the country's presidential election on Sunday August 9.Liberty House Group,...Read More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index pushed up even higher as metals and markets pushed higher yet.The INK CIN surged 28.99 points higher for a 2.85% gain on the week and closed at 1047.84 for a new 5-month high. The Index has enjoyed an impressive run and is now up 9.45% over the last 5 weeks.MACD shot...Read More

Production activity has come under threat at Belarus Steel Works (BMZ) with workers protesting against the result of the country's presidential election on Sunday August 9.Workers warned the administration that they would strike on August 10-12 "in the case of an unfair presidential election."According to official preliminary results, incumbent Alexander Lukashenko has won a sixth consecutive term...Read More

The price for steel rebar in Russia's Central Federal District around Moscow was unchanged on Monday August 10, while local producers mull an increase in prices for September amid strong buying activity, sources told Fastmarkets. Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia was 35,000 roubles ($475) per tonne on Monday, including 20% VAT...Read More

The domestic ferrous scrap sector in the United States is enjoying renewed strength that is expected to continue through September - and possibly longer - due to a robust export market, constrained supply and improving steel mill run rates that have created a sellers' market."Mills have been out of the market and have burned through inventory and will have to come back for a lot more. The blip of...Read More

The Turkish steel producers have continued their purchases of deep-sea scrap for September shipments, sources said on Monday August 10.Three steel mills booked cargoes from the Baltic Sea and the United States late on August 7.A steel mill in the Iskenderun region booked a US cargo, comprising 18,000 tonnes of HMS 1&2 (90:10) at $288 per tonne, 3,000 tonnes shredded at $290 per tonne and 6,000 ton...Read More

Fastmarkets is proud to launch its first monthly Ferrous Analytics report, which will help subscribers keep track of hot metal costs and steel production spreads in China, as well as key pricing components of the steelmaking raw materials supply chain in Asia.Readers will find raw material-finished steel spreads, iron ore differentials and scrap differentials all calculated and condensed...Read More

China's domestic rebar prices moved down on Monday August 10 due to traders' need to cut inventories' down, Fastmarkets heard.Domestic Eastern China (Shanghai): 3,610-3,640 yuan ($518-522) per tonne, down by 30 yuan per tonneTrading houses cut rebar prices following futures' losses and sought for higher sales volumes to reduce their inventories, market sources said.End users maintained regular pro...Read More

Join Mike Maloney as he explores the triggers that could lead to astronomical action in the gold and silver markets, and how learning what is going on right now is the the key to protecting your financial future. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world'...Read More

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More

Bill and Grant welcome a man who is the absolute epitome of the phrase 'a scholar and a gentleman', Lacy Hunt, to The End Game. The three discuss arguably one of the greatest trades of the century: Lacy and his partner, Van Hoisington's 40-year bet on deflation. Lacy talks about staying the course, the methodology they used to simplify their framework and what it might take for them to change tack...Read More

House Speaker Nancy Pelosi has proposed the next multi-trillion dollar "coronavirus relief" spending bill that will support testing, tracing, treatment, isolation, and mask policies that have been part of a "national strategic plan" she has been advocating. The Trump administration is not opposing Pelosi's plan on principle. Instead, it is haggling over the price.But, even if the strategic plan co...Read More

Yale University's Stephen Roach joins "Squawk on the Street" to discuss rising tensions between the U.S. and China.Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of A...Read More