The Wuhan Institute of Virology (WIV) is authorized to receive taxpayer funding for animal research through January 2024, according to the National Institute of Health.Continue...Read More

"Sanctions have exacerbated pre-existing economic situations and have dramatically affected the whole population of Venezuela, especially but not only those in extreme poverty, womenContinue...Read More

The physical demand is driving the price of silver more than the Comex right now, says Garrett Goggin, editor of the Silver Stock Analyst. "It's hard to find physical silver; the coin dealers got cleaned out," he notes to our Daniela Cambone. "Now is the time to be vocal, the small investors are taking on the big banks and they are using silver as an example." Goggin also discusses popular silver...Read More

Todd Horwitz, chief market strategist of BubbaTrading.com, weighs in on the consequences of the GameStop hearing on Thursday. Robinhood should compensate traders for any losses incurred from trading restrictions, and Keith Gill, also known on Twitter and YouTube as 'Roaring Kitty', would likely face penalties for initiating the squeeze on GameStop shares, of which he had held a long position, Horw...Read More

Liberty Gold is granted access to additional land at its Black Pine project. In a news release, Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced it received approval of the amendment to the plan of operations for its Black Pine project in Idaho. "This important milestone permits access to the largest undrilled target area in the Black Pine gold system, covering several square kilometers of hig...Read More

Metallic Minerals reports the results of its 2020 drill campaign targeting the East Keno area of its Keno Hill project. Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCMKTS) announced in a news release that complete results from 2020 drilling the East Keno area of its Keno Hill project in the Yukon's Keno Hill Silver District "confirmed the presence of high-grade, Keno-style mineralization within br...Read More

Drill results show this system, in the Blueberry zone of Scottie Resources' namesake property, remains open along strike and at depth. In a news release, Scottie Resources Corp. (SCOT:TSX.V) announced that new drill results from the Blueberry zone at its Scottie project in British Columbia returned high-grade gold-silver mineralization and confirmed the existence of a north to south-oriented mine...Read More

Mexican integrated steelmaker Altos Hornos de M?(C)xico (Ahmsa) said it was able to partially resume operations on Friday February 19 after being forced to stop output at its steel unit and its coal and iron ore mines due to a shortage of fuel and energy. Ahmsa secured most of the energy supply needed by its mining and steel units and was able to re-establish gas supply at 50% of the normal p...Read More

Italian steel distributors' association Assofermet has sent a letter to the European Commission highlighting distortion in the European Union carbon and stainless flat steel market caused by anti-dumping and safeguard measures. The association has specifically asked not to prolong existing safeguard measures into steel imports beyond their expiration on June 30 this year, it said on Wednesday Febr...Read More

A key topic reverberating around the Asian steel market over the past month has been the possibility of China reducing steel export rebates to 9% from the current 13%, or possibly axing them altogether.Market chatter on this topic has grown increasingly louder, with industry sources in China hearing more and more details about these plans from late January onward."This is likely in line with China...Read More

Continued tightness in aluminium supply and improved demand have sparked another sharp increase in aluminium premiums in Europe, for both primary metal and value-added products.The benchmark aluminium P1020A premium, in-whs dup Rotterdam increased to $120-128 per tonne on Friday February 19, up by 3.77% from $117-122 per tonne the previous day and the highest level since reaching $120-13...Read More

Mexican integrated steelmaker Altos Hornos de M?(C)xico (Ahmsa) said it was able to partially resume operations on Friday February 19 after being forced to stop output at its steel unit and its coal and iron ore mines due to a shortage of fuel and energy. Ahmsa secured most of the energy supply needed by its mining and steel units and was able to re-establish gas supply at 50% of the normal p...Read More

Palladium was manipulated for years. It had the largest short position relative to itssize, while physical demand rose inversely to decreasing supply.In 2018, demand became so large that itoverwhelmed the shorts.Physical palladium could not meet the market'sneeds and prices exploded. Shorts eventually decreased their positions untilthey got to a more sustainable level.For many years, the platinum/...Read More

Gold is dodging bullets, as it comesincreasingly under fire from rising U.S. interest rates and a USD that ispoised to surge.Catching unsuspecting traders in yetanother bulltrap , gold’s early-week strength quickly faded. And with investorsunwilling to vouch for the yellow metal for more than a few days, therush-to-exit mentality highlights a short-term vexation that’s unlikely tosubsi...Read More

An overview of the aerospace materials markets and their latest price moves.Ewa Manthey and Michael Greenfield in...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday February 19.China Low-grade seaborne manganese ore prices inched higher on a cif basis amid improved supplier sentiment due to rising logistics costs and the stronger South African rand, which reduces miners' netback in local currency.A steep rise in freight rates widened the gap between...Read More

Copper traders are starting to place bets that the metal will hit $12,000 per tonne by December but market makers say bullishly positioned options are dragging the metal's price higher sooner than that. Targeting March expiry, traders have placed 1,970 lots of call options at $9,000 per tonne on the London Metal Exchange, giving the holder the right to buy the metal if that level is hit; a further...Read More

Iron ore prices drifted down on Friday February 19, on weakening demand from Chinese steel mills, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $173.55 per tonne, down $1.50 per tonne62% Fe low-alumina fines, cfr Qingdao: $174.00 per tonne, down $1.50 per tonne58% Fe fines high-grade premium, cfr Qingdao: $159.21 per tonne, down $1.01 per tonne65% Fe Brazil-origi...Read More

The seaborne low-volatility pulverized coal injection (PCI) cfr price declined on Friday February 19 on alleviated Russian-origin material supply tightness while the majority of Australian coal cargoes were still in anchorage, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $141.13 per tonne, down $0.13 per tonnePremium hard coking coal, cfr Jingtang: $217.48 per tonne, unchang...Read More

The signs that the breakpoint is nearing continue to emerge at a rapidly accelerating rate...by Chris Marcus of Arcadia EconomicsWhat you're not being told about #silver right nowI like to think that I can understand and associate with the frustration in the silver community over having seen the price manipulation go on for so long.Yet while some have waited for as long as 41 years, the signs that...Read More