Chinese domestic spot prices of both indium and germanium have yet to yield any gains after the provincial government of Yunnan announced further details on the commercial stockpiling of several non-ferrous metals, which in theory could lend some support to these metals, Fastmarkets understands. In the latest announcement, Yunnan's provincial government unveiled the exact volumes for the commercia...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Key data from the pricing session in Shanghai on Friday July 17. Key drivers The cobalt metal price in China retreated slightly due to softening local futures prices amid weakened sentiment following a plunge on the stock market in China on Thursday. Spot...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
Markets were mixed across the board this morning, Friday July 17, while traders consolidate recent gains - key will be how well prices manage to hold up.The base metals traded on the London Metal Exchange were all down, but only by an average of 0.3%, while the base metals on the Shanghai Futures Exchange were mixed, but down by an average of 0.2% An European Union summit is underway today to try...Read More
The mining and materials equity team at RBC Capital Markets has raised its silver price forecasts by 16% in 2020, 17% in 2021 and 14% in 2022.RBC now forecasts silver prices will average US$17.76 per oz. this year, US$18.75 per oz. next year, and US$18.50 per oz. in 2021.Silver is currently at about US$19.36 per oz., up by 53% from mid-March.The bank credited its higher price forecasts to "a more...Read More
Mine financing company Triple Flag Precious Metals has closed a US$550 million gold and silver stream on future production from China Molybdenum's Northparkes mine in Australia.The deal gives Triple Flag rights to the majority of the gold and silver that will be produced at the mine in New South Wales until it receives 630,000 oz. gold and 9 million oz. silver. At that point, Triple Flag will cont...Read More
Demand for Japanese steel scrap in key Vietnam import markets continued this week with domestic steelmakers sourcing the raw materials to churn out billet for Chinese buyers, sources said."A lot of spot demand for scrap in Asia is now [coming from] Vietnamese steel mills, which are betting on the Chinese appetite for billet imports to continue," a mill source in Asia told Fastmarkets on Friday Jul...Read More
Import prices for containerized ferrous scrap in Taiwan stopped increasing this week because buyers have started looking to secure material from Japan instead of the United States.The spread between bulk Japanese and containerized US-origin scrap narrowed to about $15 per tonne this week, making Japanese scrap a more economical choice for Taiwanese steel mills.Fastmarkets' daily price assessment f...Read More
Exports of manganese ore from South Africa have almost quadrupled from April to July, according to preliminary trade data seen by Fastmarkets, and the majority will head to China, where inventories are already rising and prices have fallen sharply. South Africa will export almost 2 million tonnes of manganese ore in July from around 500,000 tonnes in April when South Africa was under strict lockdo...Read More
Toronto, Ontario--(Newsfile Corp. - July 17, 2020) - FenixOro Gold Corp (CSE: FENX) (OTC Pink: FDVXF) (FSE: 8FD) is...Read full newsRead More
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developmentsRead full newsRead More
Gold's price milestones have kept it in focus for the last couple of weeks, but this time we're focusing on silver. The white metal has made it past the US$1...Read full newsRead More
These are becoming key to exploration as companies set targets.Read full newsRead More
FenixOro Gold Corp (CSE: FENX) (OTC Pink: FDVXF) (FSE: 8FD) common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2020) - Altamira Gold Corp.'s (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF) (Read full newsRead More
As the country’s tax agency, the CRA affects the lives of Canadians more than much other government and federal institutions. While its usual duty is to ensure that everyone complies with their tax obligations and to offer tax incentives to those most in need, this year has been very different. The government had to provide financial relief to its citizens, and the CRA played a key role.The...Read More
Jason's talk with Catherine Austin Fitts about Creating Our Pathway Forward with Actionable Intelligence to Live a Free and Inspired LifeCatherine Austin Fitts is a former Wall Street investment banker, macroeconomic expert and publisher of The Solari Report https://solari.com/.Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
?EUR<"Gold is already doing its job, and will continue to do its job."- Brien LundinAs the US Dollar falls from $35/oz of gold in 1971 to $1800/oz of gold today, with destructive currency policies accelerating this year and ahead, what are the prospects for gold in this new world? One experienced observer reminds us that history repeats itself, and this is not our first time down this well-worn pa...Read More