Generation Mining reported it is commencing a 5,000-meter exploration drill program along the western margin of its Marathon palladium-copper project in NW Ontario. In a news release, Toronto-based PGM exploration company Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB; 9GN.F) announced that "it has contracted Vital Drilling Services to complete a 5,000 meter drilling program along the western marg...Read More

In advancing the asset, Aurania Resources identified targets, conducted studies for water use permits and sampled the soil. Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) recapped in a news release its accomplishments during the first half of 2020.The Toronto-based company reported that it has identified copper-silver targets for scout drilling, which will begin at Tsenken N2 and progress to Tse...Read More

In a response to the coronavirus crisis, the Fed has already cut interest rates to zero and implemented quantitative easing. But that’s not enough and the U.S. central bankers are now talking about “yield curve control”. What is it and how it could affect the gold market?Normally, the central banks lower the short-term interest rate to stimulate the economy. But the federal funds...Read More

Research Highlights:With Gold trading above $2,000 for the first time and Silver trading near $27.50, you need to understand the risks in the markets that precious metals are warning of.If Gold breaks above $2,400, then there is a very real concern that the global markets could be close to some type of decline/collapse event.We believe the upside potential in precious metals could drive a very wid...Read More

The steel recycling division of Tata Steel has announced it is launching a mobile app for sourcing steel scrap in India, the company said on August 19.The app - named FerroHaat - claims to be a world first and aims to source steel scrap from traders in India. The app is a step toward organizing the currently disorganized Indian scrap supply chain,while also providing a reliable source of scrap met...Read More

Peter Krauth discusses Warren Buffett's big move into gold and discusses why the price of the metal is likely to climb much higher.Warren Buffett has long been known as one of the biggest gold-haters around. Yet in one move he's helped gold go mainstream.The "Oracle of Omaha's" about face could be the ultimate Buy Signal.For millions of investors, seeing Buffett dump banks while buying gold is lik...Read More

Dillinger and Saarstahl have announced that operations have begun at Germany's first hydrogen-based steel production plant in Dillingen, the companies said on August 21.The new plant in Dillingen is said to be the first in Germany that uses hydrogen as a reducing agent in the blast furnace (BF), via the injection of hydrogen-rich coke gas, Fastmarkets understands.Dillinger and Saarstahl - both own...Read More

Crude steel production in Germany was down by 24.70% year on year in July due to capacity being cut to balance the drop in demand caused by the Covid-19 pandemic, German steel federation WV Stahl said on Monday August 24.Germany's crude steel production totaled 2.42 million tonnes in July 2020, down from 3.22 million tonnes in the corresponding period of 2019.The July 2020 output is close to the l...Read More

Here are five Fastmarkets stories you might have missed on Tuesday August 25 that are worth another look.Mexican steel scrap prices increased in the week ended Friday August 21, maintaining an uptrend started in late July, with the country's manufacturing sector continuing to recover gradually from the Covid-19 pandemic...Read More

A summary of base metals premiums from across the globe for the week to Tuesday August 25.Please click...Read More

Mexican steel scrap prices increased in the week ended Friday August 21, maintaining an uptrend started in late July, with the country's manufacturing sector continuing to recover gradually from the Covid-19 pandemic and companies expecting higher prices in the United States.Sources reported that at least one company in the region near the northern city of Monterrey increased its prices by around...Read More

The domestic price of hot-rolled coil in Northern Europe was fairly stable day-on-day on Tuesday August 25, after a significant increase the previous day, sources have told Fastmarkets.But the region's steelmakers are targeting price further price rises.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?442.83 ($522.80) per tonne on Tuesday August 2...Read More

Here are five Fastmarkets stories you might have missed on Tuesday August 25 that are worth another look.Mexican steel scrap prices increased in the week ended Friday August 21, maintaining an uptrend started in late July, with the country's manufacturing sector continuing to recover gradually from the Covid-19 pandemic...Read More

Plans for a London Metal Exchange spot trading platform have sparked intense debate within the aluminium industry. But opponents and supporters don't necessarily fall into the camps that one might expect. For starters, a decision by the LME not to change its futures contract, establish a new green aluminium contract or set thresholds to define what constitutes low-carbon metal is proving key in st...Read More

Sometimes it is better to let a situation speak for itself. Alcoa, Rio Tinto Aluminium, Novelis, Constellium, Arconic, Kaiser Aluminum, Tri-Arrows Aluminum, American Metal Chemical Corp, Hydro Extrusion North America, JW Aluminum, Real Alloy, Reynolds Consumer Products, Scepter, Silberline Manufacturing Co, Smelter Service Corp and Wagstaff. The US Aluminum Association, which represents more than...Read More

The London Metal Exchange is looking for ways to boost its options market, which has been struggling for some years to replicate the growth seen in the same sector among its peers.The exchange has launched a consultation, scheduled to end on July 29, on developing electronic options via a new trading platform while retaining its current inter-office options trading structure.Items up for discussio...Read More

The apparent reaffirming of a phase one trade deal between the United States and China continued to drive an increase in London Metal Exchange three-month prices during the afternoon on Tuesday August 25, with LME base metals futures universally closing up at the 5pm kerb. The LME base metals complex has become prone to following macroeconomic developments, and today was no exception, with the lat...Read More

Prices for iron ore fines went down on Tuesday August 25, with market sources saying that the restrictions on sintering in the Tangshan area of northern China have affected demand expectations.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $122.99 per tonne, down by $2.24 per tonne.62% Fe low-alumina fines, cfr Qingdao: $121.20 per tonne, down by $3.58 per tonne.58% Fe fines high-grade pre...Read More

Seaborne coking coal prices across the board remained flat on Tuesday August 25, while India was actively purchasing seaborne premium mid-volatility hard coking coal and Chinese market participants were looking forward to October, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $104.41 per tonne, up $0.32 per tonne Premium hard coking coal, cfr Jingtang: $114.64 per tonne, up $...Read More

What if this was all being done ON PURPOSE to destroy the old fiat system and the "controllers" that run it?by Bix Weir of Road to RootaWhat is this massive monetary expansion was all planned? What if this was all being done ON PURPOSE to destroy the old fiat system and the "controllers" that run it? There is "Infinity Money" being created behind the scenes and We the People are not being told the...Read More