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Champion Iron Limited (TSX: CIA, ASX: CIA): High-Grade Iron Ore Producer, Concentrate of 66.2% Fe., in Northern Quebec; Interview with Michael Marcotte, VP of Investor Relations

June 26, 2020 / www.metalsnews.com

Champion Iron Limited (TSX: CIA, ASX: CIA), through its subsidiary Qu?(C)bec Iron Ore Inc., owns and operates the high-grade low-cost Bloom Lake Mining Complex, located on the south end of the Labrador Trough in Northern Qu?(C)bec, adjacent to established iron ore producers. Bloom Lake is an open-pit truck and shovel operation, with a concentrator, and it ships iron concentrate from the site by ra...Read More

Investors Rushing to Gold, Experts Predict $10,000 an Ounce

June 26, 2020 / www.energyandcapital.com

The bullish sentiment on gold is rapidly growing amid both institutional and retail investors as the number of reported COVID-19 cases increases in the U.S., casting shadows on hopes of a fast economic recovery.With reported coronavirus cases jumping in Southern states, the U.S. set a daily record for the number of new cases yesterday. According to data collected by Johns Hopkins, 40,401 new cases...Read More

Perseus Mining Limited (ASX/TSX: PRU): Appointed to the Prestigious S&P Dow ASX200index, Increasing Gold Production to 500,000 Plus Ounces Per Year; Jeff Quartermaine, Managing Director and CEO Interviewed

June 25, 2020 / www.metalsnews.com

Perseus Mining Limited (ASX/TSX: PRU) is an Australian company, that operates two gold mines in West Africa, with first gold, from its third mine, Yaour?(C), expected in December 2020, increasing gold production to more than 500,000 ounces per year in 2021/2022. We learned from Jeff Quartermaine, Managing Director and CEO of Perseus Mining, that they are generating quite a lot of cash in the curre...Read More

WEBINAR: Battery-grade lithium standards should depend on technology, manufacturers

June 27, 2020 / www.metalbulletin.com

The standard for lithium compounds used in battery applications should be set by battery manufacturers and original equipment manufacturers (OEMs) based on technological development rather than government authorities, lithium market experts Emily Hersh and Daniel Jimenez said in a Fastmarkets' lithium webinar on Tuesday June 23.Lithium compounds are a key ingredient in the manufacture of batteries...Read More

GLOBAL LITHIUM SNAPSHOT: Europe, US lithium markets in wait-and-see mode

June 27, 2020 / www.metalbulletin.com

European and United States lithium technical and battery-grade prices held steady in the seven days to Thursday June 25, with the market watchful of the continued uncertainty surrounding the economic impact of the Covid-19 pandemic.Lithium extraction and export operations in Chile - a key producer of lithium compounds - have not been affected so far by the increasing number of Covid-19 cases in th...Read More

Insights: Venturing into summer

June 26, 2020 / www.canadianinsider.com

In this week's Insights newsletter, we celebrate the Venture Index setting a 2020 high yesterday. Junior mining is leading the charge helping Venture stocks to lead the Canadian market for the first time in a very long time. Our insider of the week is involved with a company that has shifted focus from mining into transaction processing. In this case, we not talking hard rock mining, but an excit...Read More

INK Ultra Money: Rosenberg likes gold and healthcare on the way to stagflation

June 25, 2020 / www.canadianinsider.com

David Rosenberg is back on Real Vision today with a bullish take on gold and healthcare. As for the rest of the market and the economy, that is a different story. He also sees a zombification of corporate America, a theme we discussed last week. Corporate zombies are on the roam For those who are upbeat on the prospects of both the resource and public sectors in the years ahead, check out our v...Read More

South American steel import prices down as buyers reject increases

June 27, 2020 / www.metalbulletin.com

The price for flat-rolled steel imported into South American main destinations has edged downward week on week, with Chinese offers remaining steady, while material from other origins was presented at lower prices.Demand was recovering at a slower pace than expected after the restrictions imposed to prevent the Covid-19 pandemic from spreading, according to market participants.While some Peruvian...Read More

TURKEY COATED FLAT STEEL: Local prices decrease, demand moderate

June 27, 2020 / www.metalbulletin.com

Prices in the Turkish domestic market for hot-dipped galvanized coil (HDG) and color-coated coil decreased in the week to Friday June 26, with demand moderate, sources have told Fastmarkets.And the export market was weak because of the high prices offered by Turkish mills.The reason for the fall in the domestic prices for coated flat steel was the decline in the price for hot-rolled coil, which is...Read More

Key takeaways from the latest Galvanized Steel & Tinplate Market Tracker

June 27, 2020 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts are ready to view.Depending on which market one looks at, prices of coated steels have either risen, fallen or remained roughly the same since mid-May. One crucial impact of the Covid-19 pandemic that has swept the world this year is the decoupling it appears to have created between global steel markets.In China, prices of most steel products...Read More

POLAND REBAR: Prices stabilize on firm buying

June 27, 2020 / www.metalbulletin.com

Domestic prices for steel rebar in Poland stabilized in the week to Friday June 26, after an increase the previous week, amid moderate buying activity, source told Fastmarkets.Trading activity in Poland's rebar market was supported by strong demand from the construction sector this week, sources said."Demand is a bit slower than last week, but still rather good. Construction is still performing we...Read More

Chinese pig iron import price likely peaked, global price growth paused

June 27, 2020 / www.metalbulletin.com

The import price for pig iron in China was likely to have reached its peak during the week ended Friday June 26, causing a pause in price growth in the global market, Fastmarkets has heard."The Chinese market is quiet for holidays [on June 25-26], so it's better to wait and see how trade will go after the Dragon Boat Festival," one international trader said. "For the moment, it seems that prices h...Read More

EUROPE ALLOY STEEL SCRAP: Prices edge higher on tight supply

June 27, 2020 / www.metalbulletin.com

The price of austenitic stainless steel scrap in the European domestic market moved slightly higher this week because of tight supply, despite low demand from mills and lower nickel costs, Fastmarkets heard on Friday June 26.Traders had by this week settled their terms with stainless steel mills for July, and in some cases had secured slightly lower nickel discounts - when traders sell to mills, t...Read More

COT Gold, Silver and US Dollar Index Report - June 26, 20120

June 26, 2020 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort308,45956,50247,555114,410401,702470,424505,759Change from Prior Reporting Period 31,0643,4551,4683,48832,76036,02037,683Traders22560695457305163 Small Speculators LongShortOpen Interest 61,67726,342532,101 6,5184,85542,538 non reportable positionsChange from the previous reporti...Read More

UK STEEL SCRAP WEEKLY: Market extends stability, sees possible July rollover

June 27, 2020 / www.metalbulletin.com

The inter-merchant spot price for light iron scrap in the UK was unchanged in the week to Friday June 26, continuing the stability seen last week amid low-key but steady trading and little change in export prices, trade sources said.There was also some market expectation that monthly delivery settlement prices would be rolled over after the conclusion of negotiations due to start next week.Trade s...Read More

In The Year 2025 If Fiat Currency Can Survive

June 26, 2020 / news.goldseek.com

Bob KirtleyIntroductionWe are presently enduring a period of great change due to the Coronavirus which has already cost many lives and inflicted untold damage to the global economy.Alongside the damage caused by this virus the world has also entered a recession having been through an eleven-year period of expansion.To make matters worse many nations are shouldering massive debts raising question...Read More

Precious Metals Update Video: Bank Stress Test Results, Trillion Dollar Hit, Gold in a weird time in this market

June 26, 2020 / news.goldseek.com

By: Ira EpsteinGold weekly chart shows $16+ for the week going into Friday. $1785 area still the resistance, will be looking at this..Read More

Robert Kiyosaki: This Is The End Of The American Empire

June 27, 2020 / marketsanity.com

The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, was passed by Congress on March 27, 2020. The $2.2 trillion stimulus package provided relief for Americans and for businesses who were reeling from the effects of the coronavirus pandemic. The package included financial help in the form of stimulus checks of up to $1200 for eligible Americans. On May 15, 2020, the...Read More

Paul Craig Roberts explains why the left hates America and is trying to cancel it

June 27, 2020 / marketsanity.com

Paul Craig Roberts explains why the left hates America and is trying to cancel it. You can find his recent articles over on https://www.paulcraigroberts.org/Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co-founder of Reaganomics. Dr. Roberts is a former editor a...Read More

Harry's Friday Rant - Gold, Stocks, Trump, COVID-19

June 27, 2020 / marketsanity.com

Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More

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