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Unnatural Distortions and the Precious Metals

June 06, 2020 / www.theaureport.com

The most recent U.S. jobs report, which he believes is bound for revision, has Michael Ballanger musing on how economic policies are reflected or distorted in the precious metals markets. I was sitting in my den looking out over the swamp er lake tonight when it appeared as though something was flailing around near the shoreline. So I threw on my deck shoes and went for a stroll down to the water...Read More

Latin America auto output recovers in May from April; still down 84-94% y-o-y

June 07, 2020 / www.metalbulletin.com

Vehicle production increased in Latin America during May, when compared with the all-time lows reported in April, but continued to represent a sharp year-on-year decrease while most plants remained closed or are just starting to reopen following Covid-related halts.Mexico, Brazil and Argentina are the region's top auto producing countries, Fastmarkets understands.MexicoMexican light vehicle output...Read More

EU flat steel distributor shipments down 50.8% in April 2020

June 07, 2020 / www.metalbulletin.com

European distributors of flat steel products reported a 50.8% year-on-year drop in shipment volumes in April, Eurometal said on Thursday June 4.In first four months of 2020, shipments of flat steel products by European steel service centers decreased by 18.5% year on year. Eurometal does not disclose product volumes.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe ...Read More

BloombergNEF forecasts 18% drop in electric vehicle sales

June 05, 2020 / www.northernminer.com

BloombergNEF, the primary research service for Bloomberg, is forecasting an 18% drop in electric vehicle (EV) sales this year due to disruptions to battery metals supply chains from the COVID-19 pandemic.It has lowered its forecast for EV sales this year to 1.7 million vehicles, a 27% drop from its earlier forecast.The decrease in EV sales will result in a 10% drop in demand for lithium-ion batter...Read More

50 State AGs Are Pushing To Breakup #Google's Ad-Tech Dominance Alongside DOJ

June 06, 2020 / www.zerohedge.com

Huge momentum toward landmark major antitrust lawsuit...Read full newsRead More

RT @pgker: Big news for bhp, rio, Fmg, Rinehart etc. brazil shuts down 10% of Vale's output.

June 06, 2020 / www.google.com.au

A Brazilian judge ordered the closure of a series of mines operated by mining company Vale SA over coronavirus concerns, labor prosecutors said on Friday, a development that puts more than 10% of the firm's iron ore output offline and will likely send jitters through the global iron ore market.Read full newsRead More

RT @foulkeswagen: Forbes: Nickel Rush Restarts As Steel And Battery Demand Rises.

June 06, 2020 / www.forbes.com

China's rapid exit from its Covid-19 lockdown has triggered the restart of a rush for nickel.Read full newsRead More

RT @GreenlaneBiogas: The #GreenlaneDigest for June 5th ????,? [

June 06, 2020 / www.greenlanerenewables.com

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

Freeman Gold Corp. Appoints Dean Besserer as VP of Exploration

June 06, 2020 / dlvr.it

Vancouver, British Columbia, Jun 03, 2020 (Newsfile Corp via COMTEX) --Vancouver, British Columbia--(Newsfile Corp. - June 3, 2020) - Freeman Gold Corp....Read full newsRead More

Sprott backs Pure Gold with $10.7 million investment

June 06, 2020 / dlvr.it

Pure Gold's mine in Red Lake is on track for its first pour this year.Read full newsRead More

Sprott backs Pure Gold with $10.7 million investment

June 06, 2020 / dlvr.it

Pure Gold's mine in Red Lake is on track for its first pour this year.Read full newsRead More

Are Gold or Copper Stocks a Good Buy Today?

June 07, 2020 / www.fool.ca

Gold and copper may have some similarities. Beyond the obvious (they’re both metals), both commodities are indicators of market sentiment: gold prices track appetite for risk, while copper prices are an indicator of manufacturing strength or weakness.But as investments, these two metals satisfy two rather different investment strategies. Gold is a portfolio stabilizer, while copper is potent...Read More

Cobre Panam?? asks Ministry of Health for permission to resume activities

June 07, 2020 / www.mining.com

Biosafety training at Cobre Panam??. (Image courtesy of Minera Panam??). Minera Panam??, a subsidiary of Canada's First Quantum Minerals (TSX: FM), asked the Panamanian Ministry of Health to allow the company to restart operations as soon as possible.This, after the Ministry placed the Cobre Panam?? operation on the last block of its gradual process to reactivate the country's economic sectors, a...Read More

US offers help with Nornickel's Arctic fuel spill, Russia thankful

June 07, 2020 / www.mining.com

Spill area. (Image courtesy of Nornickel). Russia's Vice-minister for Emergencies, Alexandr Chupriyan, expressed gratitude to the countries that have offered to help with the fuel spill in Siberia in which 20,000 tons of diesel leaked from a reservoir owned by MMC Norilsk Nickel PJSC.The breach at the Heat and Power Plant ?,,- 3 (HPP-3) took place on May 29, 2020. The plant is operated by Norilsk...Read More

Ice Favorability Index promises to increase prospectors' chances of striking gold on the m...

June 07, 2020 / www.mining.com

The Earth & Moon. (Image by NASA/JPL/USGS). Researchers at the University of Central Florida created a geological model to give prospectors looking to mine the moon better odds of striking gold.Since finding the yellow metal on the moon is linked to the existence of rich deposits of water ice that can be turned into resources, like fuel, for space missions, the scientists created an Ice Favorabil...Read More

IN CASE YOU MISSED IT: 5 key stories from June 5

June 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday June 5 that are worth another look.Vehicle production increased in Latin America during May, when compared with the all-time lows reported in April, but continued to represent a sharp year-on-year decrease while most plants remained closed or are just starting to reopen following Covid-related halts.The first deal for aluminium cif...Read More

IN CASE YOU MISSED IT: 5 key stories from June 5

June 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday June 5 that are worth another look.Vehicle production increased in Latin America during May, when compared with the all-time lows reported in April, but continued to represent a sharp year-on-year decrease while most plants remained closed or are just starting to reopen following Covid-related halts.The first deal for aluminium cif...Read More

IN CASE YOU MISSED IT: 5 key stories from June 5

June 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday June 5 that are worth another look.Vehicle production increased in Latin America during May, when compared with the all-time lows reported in April, but continued to represent a sharp year-on-year decrease while most plants remained closed or are just starting to reopen following Covid-related halts.The first deal for aluminium cif...Read More

IN CASE YOU MISSED IT: 5 key stories from June 5

June 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday June 5 that are worth another look.Vehicle production increased in Latin America during May, when compared with the all-time lows reported in April, but continued to represent a sharp year-on-year decrease while most plants remained closed or are just starting to reopen following Covid-related halts.The first deal for aluminium cif...Read More

IN CASE YOU MISSED IT: 5 key stories from June 5

June 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday June 5 that are worth another look.Vehicle production increased in Latin America during May, when compared with the all-time lows reported in April, but continued to represent a sharp year-on-year decrease while most plants remained closed or are just starting to reopen following Covid-related halts.The first deal for aluminium cif...Read More

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